The US State Department is commemorating the 250th anniversary of American independence with limited-edition passports featuring President Trump's image and signature. This is part of various government initiatives showcasing Trump's identity, such as the Trump Gold Card and his possible signature on new paper currency. The 'America250' passports will be released this summer.
Tamil Nadu Chief Minister C Joseph Vijay announced support for MLAs with government vehicles and monthly allowances to aid their public service work. Additional measures for the general public include an increase in health insurance limit, new hospitals, cancer care centers, and incentives for dairy farmers.
The DDP has released the sixth PIL, requiring the procurement of 405 important items from domestic manufacturers, worth Rs 3,070 crore. This supports the 'Aatmanirbhar Bharat' initiative, promoting domestic defence manufacturing, investment, and innovation, and reducing reliance on imports. The list includes a variety of platforms and subsystems.
Jefferies has given Swiggy a 'Buy' rating and a target price of Rs 435, indicating a potential 59% increase. The company is going through an ownership change that may change its business model and increase margins. However, there are some risks to consider, such as ownership cap and potential outflows from indices.
Campbell Wilson, former CEO of Air India, is returning to the aviation industry as a director for Air New Zealand. He will join the board on September 24, bringing 30 years of experience. His departure from Air India in 2026 was due to operational challenges and a search for a successor. Air New Zealand has also appointed Tewolde Gebremariam as its new CEO to address similar challenges.
Jefferies has given different ratings to four Indian defence and aerospace companies based on their order-book visibility, execution, and ability to convert defence demand into earnings. Hindustan Aeronautics Ltd. (HAL) has the highest rating with a 16% EPS CAGR expected over FY26-30E, followed by Data Patterns and Bharat Electronics (BEL).
Jefferies, a global brokerage, has chosen to support four consumer finance stocks, including Bajaj Finance, Cholamandalam Investment and Finance Company, Aditya Birla Capital, and Shriram Finance. These lenders are expected to continue growing, with one offering an 18% upside.
Uttar Pradesh is hosting the 'UP-Japan Investment Meet-2026' to strengthen its industrial ties with Japan. The event will feature a CEO Roundtable and highlight sectors like green hydrogen, renewable energy, electric mobility, and digital infrastructure. The state will showcase its industrial facilities, investment policies, and ongoing projects to attract Japanese investors.
Iran mocks Trump's claim of declaring the Strait of Hormuz a US territory, responding with a parody map of the USA labeling California as the "NEW TERRITORY OF ISLAMIC REPUBLIC OF IRAN." Iranian officials criticize Trump's delusion and inability to reopen the strait, with tensions between the two countries escalating. The Strait of Hormuz remains closed and oil prices continue to rise.
CLSA upgrades outlook on Indian IT services, favors four mid-tier companies with potential upside of 30.4%. Cautious on large tech firms due to macro and company-level pressures. Retains ‘High Conviction Outperform’ rating on Coforge and Persistent Systems, and ‘Outperform’ rating on Hexaware and LTIMindtree.
UAE suspends trade ties and financial transactions with Iran due to regional escalations. Ministry of Interior issues alert about potential missile threats, while Ministry of Defense detects two ballistic missiles launched from Iran. Iran denies claims. This comes after the expiration of a 60-day deadline for a memorandum of understanding between the US and Iran.
The government is addressing the increase in sugar prices during the festive season by allowing duty-free imports and monitoring stocks. The industry predicts sufficient supply, but a potential yield shortage may affect prices. They suggest starting sugarcane crushing earlier and seeking financial aid from the government.
Americans' approval of the Trump administration has dropped to a record low of 33% in less than a month, as 80% predict a prolonged US war in Iran and rising prices. Democrats are favored for managing cost of living, and the gap between parties on immigration has shrunk to 1%. But concerns have risen over ICE and Border Patrol's actions, with a doubling in their actions.
A new global ranking has crowned the world's best workcation destinations, judged not by scenery but by Wi-Fi speed, hotel prices, coworking access and walkability. The results reveal which cities actually deliver on the remote-work promise — and prove that a fast connection now matters more than a pretty skyline.
Trump's rejection of extending peace talks with Iran and threat to bomb Oman has caused a surge in oil prices. His aggressive stance and refusal to extend the MoU has escalated tensions and put the US and Iran at odds. Despite promises to end the war and lower oil prices, Trump prioritizes preventing Iran from acquiring nuclear weapons. Gas prices have significantly risen since the conflict began.
President Trump commended India's voter ID system and urged for the passing of the SAVE America Act, which requires proof of citizenship and photo ID to vote in federal elections. The bill has faced backlash for disenfranchising voters. US Ambassador to India also supported Trump's comments. Introduced in January, the bill has faced challenges in the US.
Mark Cuban starts his day at 6:30 am with an hour of emails before he's even out of bed. No meditation, no 4 am wake-ups — just email, a workout, and a strict no-meetings rule that defines how the billionaire actually spends his time.
Jefferies, a global brokerage house, has a ‘Buy’ call on GMR Airports Infrastructure, Max Healthcare Institute, and Aditya Birla Real Estate. The target prices suggest a potential upside of 25% to 35% from current levels. GMR Airports is expected to benefit from traffic recovery and new airports, while Max Healthcare is banking on new beds and capacity expansion.
India’s fighter-engine programme is becoming a major test for the country's defence manufacturing ambitions, with Safran and Rolls-Royce playing key roles. The development also puts three listed defence names in focus: Hindustan Aeronautics, Bharat Electronics and Larsen & Toubro.
Jefferies downgrades BSE stock to 'Underperform' and cuts target price to Rs 2,940 due to concerns over trading volumes, exposure to domestic prop traders, and slower market share gains in options business. Earnings estimates have also been reduced by 5-12%. BSE could potentially increase fees to protect earnings.
US colleges and universities could see as many as 112,000 fewer international students in the 2026-27 academic year. The drop could mean around $3.4 billion in lost revenue and 40,000 fewer jobs across the country, according to new projections from NAFSA: Association of International Educators and JB International.
PM Modi's Independence Day address focused on India's nuclear power plans, with a target of 100 GW capacity by 2047 and 5 new reactors to be operational within 6-7 years. Listed companies like BHEL, MTAR Tech, and Walchandnagar Industries stand to benefit
The Horizon Industrial Parks IPO, valued at Rs 2,600 crore and supported by Blackstone, is now open for subscription until August 19 at a price range of Rs 57-60 per share. While the entire issue is a fresh one, a significant portion of the funds raised will be used to pay off debt.
US Treasury Secretary Scott Bessent has warned that Washington is preparing a new round of sanctions against Iran that he says will be unlike anything seen before.
Burjor Godrej, a second-generation member of the Godrej family, left Germany during World War II with an unfinished PhD thesis on fatty acids and soap chemistry. This led to the creation of Cinthol, one of India's top consumer brands. Despite facing competition, Cinthol continues to evolve and expand into new categories such as body wash, with a strong focus on growth.
Diversification is important for investment portfolios, but over-diversification can dilute quality stocks. Focused mutual funds with 25-30 stocks have higher returns than large-cap funds with 75-80 stocks. Overlap in sectors can lead to dilution and lower returns. A well-balanced portfolio mix should be chosen based on market sentiment, risk profile, and macroeconomic factors.
Guaranteed return life insurance plans provide a secure financial future and protection for loved ones. They offer life coverage, tax-free survival benefits, and higher yields than fixed deposits. Insurers are creating tailored plans for conservative savers and those nearing retirement. These plans prioritize financial security over wealth creation and provide peace of mind.
The demand for AI evaluation services in India has spurred the development of new testing methods to assess performance in Indian languages and real-world scenarios. Companies are now testing AI systems for tasks specific to Indian users, such as understanding regional accents and code-switching between languages.
Mahindra is launching the Scorpio Lifestyler in April 2027 for Rs 19.79 lakh. It aims to overcome the failures of previous models, such as the Scorpio Getaway and Tata Xenon XT, due to their commercial appeal, lack of refinement, and regulatory hurdles.
India has made progress in global representation in its institutions, but this hides the fact that its higher education system is stagnant and there is a gap between rankings and real-world outcomes. The country's competitiveness is hindered by the lack of top-tier institutions and low global integration.
The 2026 Tesla Model Y Premium offers a unique driving experience on Indian roads with its electric powertrain, impressive acceleration and braking. However, its low ground clearance and stiff suspension make it difficult to navigate rough roads. The car also boasts subtle design changes and the innovative Grok AI, which acts as a co-pilot and can be controlled by voice commands.
India’s image remains largely positive around the world. But in the US, that picture has changed drastically over the last few months.
The Huawei Band 11 is a lightweight and comfortable fitness band with over 100 workout modes, sleep tracking, heart rate monitoring, and SpO2 levels. It also has an Always-On Display and customizable widgets, and can act as a remote camera shutter. The band provides recovery and sleep-quality insights and is a great choice for everyday fitness tracking.
The iQOO Z11 Lite 5G stands out in the sub-₹25,000 segment with its 6,500mAh battery, 120Hz display, and AI tools for everyday use. Its 6.74-inch IPS LCD display offers a smooth scrolling experience with a 120Hz refresh rate and 1,200-nit peak brightness.
India must focus on building small AI models for economic development, rather than extraordinary reasoning ability. This will require significant investments and a focus on local factors and vernacular languages. The MSME sector, accounting for 31% of India's GDP, could hugely benefit from specialised small AI models.
India's most consumed soil nutrient, urea, has seen a 60% decline in landed cost due to eased global supplies and diversified imports. The Rashtriya Chemicals and Fertilizers has finalized bids for imports of 1.7 million tonnes at a price range of $390/tonne - $393/tonne. The government is reassessing the initial fertiliser subsidy budget due to a price spike caused by the West Asia war.
India's electric vehicle exports to Europe increased by 17 times in the first quarter of the current financial year, contributing to a 15% rise in overall motor vehicle exports and establishing India as a key player in sustainable mobility. Spain, the UK, and Germany were the top destinations, with growing opportunities in Latin America.
The EU has approved 21 Indian fishery establishments, increasing the total to 123 and boosting exports of aquaculture shrimp and cephalopods. With 625 EU-approved units and the EFTA trade agreement, market access to Norway and Switzerland will improve. India's marine product exports are expected to double in the next few years, with a record $8 billion in exports last year despite high US tariffs.
Ashiana Housing, a leading player in India's senior living market, aims to generate 50% of its revenue from this segment by 2030. With the elderly population projected to reach 230 million by 2036 and a limited supply of 25,000 units, there is a huge potential for growth. This market is considered less cyclical and offers steady sales and higher margins, making it a desirable asset class.
India's aerospace components market is predicted to grow from $1.5 billion to $4 billion by FY 29 at a 28% CAGR, driven by rising demand for aircraft and engines. This is causing capacity constraints in traditional manufacturing hubs, leading to Indian companies like Raymond and PTC Industries expanding their capabilities to join global supply chains.
Navi Mumbai International Airport welcomes its first dedicated international freighter aircraft, an Airbus A330F from Hong Kong Air Cargo. The three-times-a-week service is projected to increase cargo movements by six weekly flights, carrying 60 tonnes per flight. The airport aims to have 13 international freighter services, already operating with IndiGo Cargo and Air India Express.
Indian pharmaceutical companies are moving away from the US market and focusing on premium specialty and complex drugs due to Washington's tariffs on imported drugs. Q1 results show growth in domestic and emerging markets, but the US market is struggling. Companies are diversifying and investing in complex generics, biosimilars, and specialty medicines to decrease reliance on the US market.
India's BoP is projected to have a significant surplus in 2026-27 due to increased inflows from the RBI's swap facilities. The current fiscal year estimates range from $40 billion to $100 billion. Despite previous deficits, the capital account surplus is expected to grow thanks to the RBI's efforts to attract foreign investment.
Mahindra & Mahindra is looking to expand globally with their new pickup, Scorpio Lifestyler. They are studying potential buyers and use cases, and seeking market feedback before increasing production. Target markets include Australia, New Zealand, South Africa, Africa, the Middle East, and Latin America, with potential for the UK and other RHD markets.
Last week, the combined market capitalisation of five of India's top 10 companies dropped by over Rs 1 lakh crore due to various factors such as high crude oil prices, geopolitical tensions, and mixed global cues. TCS, Reliance, and SBI were the biggest losers, while LIC and Bharti Airtel saw gains. Despite losing over Rs 31,000 crore, Reliance remains the most valued Indian company.
India's space sector is booming with 440 startups registered on the DPIIT Start-up India Portal. The country has set its sights on a larger share of the global space economy, which is projected to reach $100 billion. With sector reforms, IN-SPACe as a single-window regulator, and 18 authorized startups, India's space ecosystem is becoming more diverse.
Aheesa Digital Innovations, an Indian semiconductor startup, has achieved first-pass silicon success with their broadband networking chip, VIHAAN. This marks a significant milestone towards mass production and self-reliance in semiconductors for India.
BEML has been awarded a contract worth Rs 184.25 crore by HAL to produce fuselage aerostructures for the LCH Prachand programme, aligning with PM Modi's goal of establishing India as a major defence technology provider. The contract will span 5 years and enhance BEML's position in the country's defence manufacturing sector.
Adani Group to boost clean energy in Odisha with 2 nuclear plants, renewable projects and pumped-storage plants. Met with state leaders to expedite plans and focus on sustainable energy development and long-term energy security. India to benefit from the expansion.
Brokerages are positive on several stocks post their Q1FY27 results, with potential upside ranging from 9% to 42%. Strong earnings, improving margins, order-book visibility, new capacity, defence spending, and better demand trends are among the reasons for the positive views. Stocks with multiple positive ratings include Hindustan Aeronautics, Tata Motors Commercial Vehicles and more.
As the festive season approaches, sweets brands face challenges due to food safety regulations and rising costs. Khoya Mithai, Ghantewala, and Heritage Foods are taking measures to ensure quality and hygiene, while expecting a 15-20% increase in sales. Haldiram's and Heritage Foods are also ramping up production to meet higher demand.