Business
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Gateway Distriparks Declares Dividend Amidst 18.9% Profit Dip
Gateway Distriparks announces an interim dividend of Rs 1.25/share for FY27, despite a 18.9% year-on-year fall in Q1 net profit to Rs 48.8 crore. Revenue remains stable.

NRI PPF Account Rules: What You Need to Know
Non-Resident Indians (NRIs) can’t open new PPF accounts but can manage existing ones. Learn contribution limits, interest rates, and maturity rules.

UPI, RuPay Debit Card Charges Possible Under New Bill
India’s proposed Taxation and Other Laws (Amendment) Bill, 2026, could enable future charges on UPI and RuPay debit card transactions, altering the current fee-free status.

Govt Spouses Denied HRA for Official Accommodation
Finance Ministry clarifies: Central Govt employees can’t claim HRA if spouse has official housing at the same location. Policy update explained.

Juniper Green Energy IPO Lists Aug 6: Strong Subscription
Juniper Green Energy’s IPO debuts August 6 after a 7.97x subscription. Grey Market Premium at ₹16.5 indicates strong investor confidence. Details inside.

Manipal Health IPO Soars: Market Debut Valued at $9.03 Billion
Manipal Health Enterprises makes a stellar market debut, with shares jumping 10.7% to value the hospital chain at $9.03 billion. Learn more about this significant IPO.

Kotak Diversified Equity Fund: Unrated, Peer Analysis
Explore the Kotak Diversified Equity All Cap Omni FOF. Unrated, but analyzed against peers for performance and risk metrics. Make informed investment decisions.

Mumbai Lakes Near Full: 89% Capacity, Moderate Rain Expected
Mumbai’s seven lakes are at 88.93% capacity, with three full. IMD forecasts moderate rain for August 5-6, ensuring a stable water supply.

Bombay HC Orders Meta, Google, X to Remove Gadkari Defamation Content
Bombay High Court mandates Meta, Google, and X to remove defamatory content falsely linking Nitin Gadkari to ethanol program benefits, citing AI deepfakes.

RBI Holds Repo Rate at 5.25%: Impact on Fixed Deposits
RBI maintains repo rate at 5.25%, offering stability for fixed deposit returns. Explore current rates and future uncertainties for savers.

Money Market Accounts Hit 5.00% APY: Rates Peak August 5, 2026
Discover top money market account rates reaching 5.00% APY on August 5, 2026. Learn how MMAs outperform savings accounts and ensure your funds are secure.

Gold Price Forecast: 6-8% Dip Before $5,500 Rally (MOFSL)
Motilal Oswal predicts a 6-8% gold correction before a rally to $5,500+ in 12-15 months. Learn their staggered accumulation strategy and domestic targets.

RBI Holds Repo Rate at 5.25%: Real Estate Sector Calls for More Support
RBI maintains repo rate at 5.25% for the fourth time. Real estate sector finds it insufficient to boost affordable housing demand amidst global uncertainties.

RBI Holds Rates, Cuts FY27 Inflation to 5%
Reserve Bank of India keeps repo rate at 5.25% for third time, lowers FY27 inflation forecast to 5%, and revises GDP growth up to 6.7%.

India Commodity Trading: Top Apps for Market Analysis
Discover top Indian commodity trading apps with live data & analysis tools for gold, oil, and more. Navigate markets effectively with Groww & other leading platforms.

Indian Stocks: Nifty 50 Dips, Stock-Specific Swings
Indian stock market sees significant stock-specific action on Aug 5, 2026, despite Nifty 50 dip. Top gainers: Ask Automotive, Cello World. Losers: Best Agrolife.

Tamil Nadu Budget 2026-27: Focus on Education, AI, Welfare
Tamil Nadu’s 2026-27 budget, led by TVK, prioritizes education (Rs 44,527 Cr for schools), AI, and welfare schemes, alongside health and energy sector investments.

Indian Firms’ Mixed Q1 2026 Financials: Profits & Losses
Explore the varied financial results of Indian companies for the June 2026 quarter. Discover which firms saw profits and which faced revenue declines.

Modulus Alternatives Settles Sebi Case for Rs 10.87 Lakh
Modulus Alternatives Investment Managers settles Sebi case for Rs 10.87 lakh over alleged violations of Alternative Investment Funds (AIF) norms, specifically regarding investment manager obligations.

India Services PMI Dips to 4-Year Low Amid Weakening Demand
India’s services sector growth slows significantly in July, hitting a four-year low of 53.3 on the HSBC India Services PMI due to easing demand and competition.

Vedant Fashions Stock Soars 5% on Strong Q1 FY27 Earnings
Vedant Fashions Ltd. shares jumped over 5% following a robust Q1 FY27 earnings report, showcasing a 14.7% YoY net profit increase and strong revenue growth.

DLF Invests ₹2,000 Cr in Luxury Senior Living in Gurugram
DLF commits ₹2,000 crore to its first luxury senior living project, DLF Arbour, in Gurugram, catering to India’s affluent elderly seeking premium retirement communities.

OfBusiness Revives IPO Plans, Eyes $800M Raise
SoftBank-backed OfBusiness is reportedly reviving IPO plans, aiming to raise up to $800 million. A draft prospectus filing is targeted for November.

Edelweiss Launches India’s First REITs & Realty Index Fund
Edelweiss MF introduces India’s first REITs & Realty Index Fund, offering diversified, tax-efficient exposure to the listed real estate sector. NFO open Aug 5-19, 2026.

Ola Electric Stock Soars 10% on Major Battery Storage Deal
Ola Electric shares surged over 10% after signing a 20 GWh Battery Energy Storage Systems (BESS) deal with Axis Energy Ventures, boosting India’s energy infrastructure.

RBI Holds Repo Rate at 5.25%: Stable Home Loan EMIs
RBI keeps repo rate at 5.25%, offering stability for home loan EMIs and boosting confidence in India’s real estate market. Learn more.

Nuvama Buys Aimtron Electronics, Sees 30% Upside
Nuvama Wealth initiates ‘Buy’ on Aimtron Electronics with a Rs 2,036 target price, projecting a 30% upside despite its recent 114% rally. Explore growth prospects.

India Services PMI Hits 4-Year Low in July Amidst Slowing Growth
India’s services sector growth decelerated sharply in July, hitting a four-year low of 53.3 on the HSBC PMI due to weakened new business expansion.

RBI’s New Loan Rate Framework & FD Rules for Transparency
RBI proposes a uniform loan interest rate framework for banks & NBFCs and revamps FD rules to boost transparency and fairness in retail lending.

L.T. Elevator Surges on Acquiring South Korea’s DYPC Inc.
L.T. Elevator’s stock hits upper circuit after acquiring South Korea’s DYPC Inc., a leader in automated parking systems, signaling a major global strategic expansion.