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Premier Energies Q1 Profit Soars 50%, Brokerages Boost Targets
Premier Energies’ Q1 profit surged 50% YoY. Jefferies raises target to Rs 1,205, citing strong execution and robust demand. JPMorgan maintains ‘Overweight’.
India Inc’s Foreign Borrowing Jumps to $6B in June
Indian companies, including NBFCs, plan to raise $6.08 billion via ECBs and FCCBs in June, a significant increase from May, signaling strong demand for external financing.
IPO Update: Poojaa Precision Engg Gains +56.15%; Six IPOs Open Today on NSE, BSE | 07 Aug 2026, 10:00 AM IST
Six IPOs are open for subscription on NSE and BSE today, with two issues closing and three new ones opening. Poojaa Precision Engg Ltd. saw a significant +56.15% listing gain.
Iran Bill: Fines for US, Israeli Ships in Hormuz Strait
Iran’s parliament reviews a bill proposing fines up to 20% of cargo value for US, Israeli, and ‘hostile’ vessels transiting the Strait of Hormuz.
LEAP India IPO: ₹743.62 Cr Anchor Funding Secured
LEAP India raises ₹743.62 crore from 32 anchor investors, including global giants, ahead of its ₹2,480 crore IPO. Public subscription opens today.
SEBI Slashes Mutual Fund Exit Load to 3%, Simplifies Rules
SEBI’s new Mutual Funds Regulations, 2026, cut exit loads to 3%, simplifying rules and enhancing investor protection in India’s growing mutual fund market.
Jefferies Downgrades Cummins India Target Amid Q1 Margin Woes
Jefferies revises Cummins India’s target price and earnings estimates downwards due to Q1 margin pressure from rising commodity costs, yet maintains a ‘Buy’ rating.
Futuristic Solutions Reports Massive Q1 2026 Revenue Surge
Futuristic Solutions announces a dramatic Q1 2026 financial turnaround with a 261600% revenue surge to Rs. 26.17 million and profits of Rs. 18.76 million.
Indian Stocks Set for Gap-Down Open on Crude Surge
Indian equity markets brace for a gap-down opening Friday, impacted by soaring crude oil prices, West Asia tensions, and FII selling. Global markets show mixed sentiment.
LIC Net Profit Surges 22.81% in Q1 2026
Life Insurance Corporation of India (LIC) reports a significant 22.81% jump in net profit for the June 2026 quarter, reaching Rs 134,920.30 million. Revenue also shows robust growth.
US Tariffs on China Solar & Chips to Boost Domestic Production
The US imposes new trade measures, including tariffs and price floors on polysilicon, to strengthen domestic solar and chip supply chains against China.
HDFC Nifty Metal ETF FoF Launched: 0% Load, Tracks NIFTY Metal Index
HDFC AMC launches the Nifty Metal ETF FoF on Aug 6, 2026. Invest in the metal sector with 0% entry/exit loads and track the NIFTY Metal Index.
Dhoot Transmission IPO: Rs 30.67 Billion Issue Opens Aug 10
Dhoot Transmission launches a Rs 30.67 billion IPO from Aug 10-12, 2026. Despite market slowdown, the auto component maker shows strong financials and market leadership.
Trump Boosts US Solar & Chip Production with Tariffs
Trump administration imposes price floors & 15% tariff on polysilicon to enhance US solar and chip manufacturing competitiveness against China.
Leap India Raises ₹743.6 Cr Anchor Investment Ahead of IPO
Leap India, backed by KKR, secures ₹743.6 crore from 32 anchor investors, including global funds, ahead of its ₹2,480 crore IPO launch. Details inside.
RBI Adds 4 PSUs to NBFC-UL List for FY27; Tata Sons Retained
RBI’s FY27 NBFC-UL list adds four Public Sector Undertakings, including REC, PFC, IRFC, and HUDCO. Tata Sons remains on the enhanced regulatory oversight list.
SGB 2020-21 Series XI: Redemption & Tax Impact
Sovereign Gold Bond 2020-21 Series XI investors can redeem on Aug 7, 2026, at ₹14,564/unit. Understand the new tax implications on your capital gains.
Asian Markets Mixed as Crude Surges; US Jobs Data Eyed
Asian stocks show mixed results amid rising Brent crude prices ($83+). Investors await key US jobs report for market direction.
IRCTC Japan Tour: ₹3.45 Lakh for 10 Days in Tokyo & Kyoto
Explore Japan with IRCTC’s 10-day tour! Experience Tokyo & Kyoto, Shinkansen rides, 4-star stays, and more for ₹3,45,999. Book now for Sept 6, 2026.
Coal India Ventures into Iron Ore with Odisha Block Acquisition
Coal India Limited secures Gadadharpur iron ore block in Odisha, marking a strategic diversification into the iron ore sector with significant resource potential.
Shiprocket Slashes IPO Size by 31% to ₹1,617 Cr for August Launch
E-commerce platform Shiprocket reduces its IPO size by 31% to ₹1,617.6 crore. The public issue opens August 12-14 with shares priced at ₹92-97.
India to Regulate Digital Gold Market in 2024
India gears up to launch a digital gold market regulatory framework next year, focusing on consumer protection and fraud prevention. Learn more.
Gold Prices Surge to 7-Week High on Weak Dollar & Yields
Gold hits a seven-week peak driven by a weaker dollar, falling Treasury yields, and anticipated softer Fed rate hikes amid easing inflation and geopolitical concerns.
EPFO: Avoid Interest Loss on Inoperative PF Accounts
EPFO advises members to understand inoperative EPF accounts to prevent losing interest on savings. Learn withdrawal timelines to secure your funds.
LIC Q1 Profit Soars 23% to ₹13,492 Cr on Strong VNB Growth
LIC’s Q1 net profit surged 23% to ₹13,492 crore, driven by a remarkable 61.3% increase in Value of New Business (VNB) and an expanded VNB margin of 22.9%.
FPIs Urge STT Cut Amid RBI Leverage Rules
FPIs and trading firms request SEBI and DEA to lower Securities Transaction Tax (STT), citing financial burdens and potential impact of RBI’s leverage rules.
Federal Bank Meets Blackstone, HDFC Investors
Federal Bank held one-on-one meetings with institutional investors like Blackstone and HDFC on Aug 6, 2026, in Mumbai, complying with SEBI regulations.
LEAP India IPO: ₹2,480 Cr for Debt & Growth
LEAP India plans a ₹2,480 crore IPO, raising ₹480 crore for debt repayment and ₹2,000 crore via offer for sale to reduce promoter stake.
Paytm, Gland Pharma, Castrol: Analyst Picks for Quick Gains
Choice Broking’s Hitesh Taylor suggests buying Paytm, Gland Pharma, and Castrol India shares for potential quick gains, citing strong technical breakouts and positive momentum.
Gold Prices Hit 7-Week High: Weak Dollar & Yields Boost Value
Gold prices reach a seven-week peak, driven by a weaker US dollar and declining bond yields. Discover the factors behind this surge and potential future price movements.