Business
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Zuckerberg Apologizes: India Questions Meta’s Intermediary Status
Mark Zuckerberg apologizes for CSAM & deepfakes on Meta platforms as India challenges its intermediary legal status, demanding greater accountability.

RBI Holds Rates Steady: Nifty Flat, Sensex Gains Amid Inflation Fears
The Reserve Bank of India keeps interest rates unchanged. Nifty 50 trades flat, while Sensex sees gains as inflation concerns and economic outlook are monitored.

Novelis Profit Surges 100%+ to $265M Amid Shipment Dip
Novelis Inc. reports Q1 core profit more than doubled to $265M, defying a dip in aluminium shipments due to operational impacts. Learn more.

Quantum Mutual Fund Launches New Flexi Cap Fund
Quantum Mutual Fund introduces its new Flexi Cap Fund for long-term capital appreciation, investing across large, mid, and small-cap stocks. Minimum investment ₹500.

Rapido Driver Threatens Rider Over App Glitch in Bengaluru
A Bengaluru woman faced threats from a Rapido driver due to an app glitch and payment dispute. Rapido apologized and removed the driver after the incident.

India’s E-commerce Exports: New Inventory Framework for Global Reach
India launches inventory-based e-commerce export framework to boost global reach for MSMEs and businesses, enhancing oversight and streamlining trade.

RBI Repo Rate Steady: Fixed Deposits for Stable Returns
Explore how steady RBI repo rates make Fixed Deposits a stable investment choice amidst market volatility. Discover FD rates across banks.

NPS Investment: PFRDA Extends Cut-Off to 1:30 PM
PFRDA extends NPS contribution cut-off to 1:30 PM for same-day investment, offering more flexibility for subscribers across all channels.

Nominee vs. Owner: Understanding Asset Transfer in India
In India, a nominee is a caretaker, not the owner. Learn how Wills, Trusts, and nominations truly impact your wealth transfer and protect your assets.

RBI Boosts FD Transparency for Small Finance Banks
RBI mandates new FD interest rate transparency rules for Small Finance Banks from Oct 1, 2026, ensuring fairer disclosure and uniform rates for depositors.

Sovereign Gold Bond Early Redemption: August 2026
Sovereign Gold Bond holders can redeem specific tranches early in August 2026 after completing five years. Learn the process and deadlines.

Berger Paints Q1FY27 Profit Surges 28.51% to Rs 404 Cr
Berger Paints India reports a strong Q1FY27 with consolidated net profit soaring 28.51% to Rs 404.34 crore, driven by robust sales and operational efficiencies.

Rashi Peripherals Partners with Restar for Semiconductor JV in India
Rashi Peripherals announces a strategic joint venture with Japan’s Restar Corporation to boost advanced image sensing solutions in India, commencing operations in October 2026.

Lok Sabha Passes New Bankers’ Books Evidence Act, 2026
Lok Sabha approves the Bankers’ Books Evidence Act, 2026, replacing the 1891 Act to allow digital records as evidence, despite opposition protests.

Spotify Premium India: New Discounts & Exclusive Events
Spotify Premium in India now offers exclusive lifestyle rewards, including discounts from Nykaa, MakeMyTrip, and access to unique music events. Upgrade your subscription!

TCS, Tata Consumer Ex-Dividend May 25; PAE Bonus Issue
TCS, Tata Consumer, and others go ex-dividend May 25, 2026. PAE Ltd announces a 6:1 bonus issue. Stay informed on crucial corporate action dates.

Home Equity Loans & HELOCs: Rates Steady Aug 5, 2026
Explore steady average interest rates for Home Equity Loans and HELOCs on August 5, 2026. Learn how these options work and what they mean for your finances.

Starbucks Korea HQ Raided Over Insensitive ‘Tank’ Tumbler Campaign
Starbucks Korea’s HQ raided by police after a ‘Tank Day’ tumbler promotion sparked outrage due to its insensitivity on a significant historical anniversary in South Korea.

ITR-6 Excel Utility Live: AY 2026-27 Deadlines & Docs for Companies
The Income Tax Department released the ITR-6 Excel utility for AY 2026-27. Discover key deadlines and essential documents for companies filing their income tax returns in India.

Manipal Health Enterprises IPO Soars 10.5% on Debut
Manipal Health Enterprises shares surged 10.5% on market debut, opening at 652 rupees on the NSE after a successful $960.4 million IPO.

Kotyark Industries Bags Rs 15.41 Cr Biodiesel Orders from BPCL, HPCL
Kotyark Industries secures LOIs from BPCL & HPCL for 1,662 KL of Biodiesel, valued at Rs 15.41 crore, for June-August 2026 supply.

Assetz IPO: ₹6,300 Million Fundraising Plan, Trilegal Advises
Assetz Limited files for a ₹6,300 million IPO in India, with Trilegal serving as legal counsel. Details on fundraising and advisory roles.

DSP MidSmall Private Banks ETF Data Missing: Fund Comparisons Available
DSP BSE MidSmall Private Banks ETF scheme data is unavailable. Explore comparative performance of other financial services funds for market insights.

Smart-Beta Value Funds Surge: PSU Impact, Not True Value
Indian smart-beta value funds saw a recent surge, but it was driven by PSUs, not a core value investing shift. Cautious allocation (5-10% of equity) is advised.

Whirlpool India Q1 Profit Drops 29.5% Despite Revenue Growth
Whirlpool of India’s Q1FY27 net profit declined 29.5% to Rs 103 crore, even as revenue rose 12.1% to Rs 2,727 crore, impacting operating margins.

NRI PPF Rules: Indian Savings Schemes Explained
Understand NRI Public Provident Fund (PPF) rules in India. Learn about restrictions on new accounts and guidelines for continuing existing PPF accounts for NRIs.

NHPC Q1FY27: Net Profit Rises 2.90% to ₹1,095.87 Cr
NHPC reports a 2.90% consolidated net profit increase to ₹1,095.87 Cr in Q1FY27, with total income up 15.02%. Standalone profit also shows growth.

RattanIndia Enterprises Reports Major Loss in June 2026 Quarter
RattanIndia Enterprises faces a steep financial decline, reporting a Rs -86.25 million net loss for the June 2026 quarter, a drastic drop from the previous year’s profit, with sales plummeting.

Edelweiss MF Launches Nifty REITs & Realty Index Fund NFO
Edelweiss Mutual Fund introduces the Nifty REITs & Realty Index Fund NFO, opening August 5, 2026. Invest in real estate and REITs passively.

ASK Automotive Stock Surges 13% on Strong Q1 Profit & Revenue Growth
ASK Automotive Ltd. shares jumped 13% after reporting a 28.8% rise in Q1 net profit to Rs 85 crore and a 52.4% revenue increase, driven by healthy demand.