Augmont Enterprises IPO Opens: Rs 825 Cr Target, GMP Hints 38% Gain
Augmont Enterprises IPO launches today, August 21, aiming for Rs 825 Cr. With a strong GMP indicating a potential 38.07% listing gain, anchor investors show significant interest.
Augmont IPO: ₹246.3 Cr Anchor Funding Ahead of Aug 21 Launch
Augmont Enterprises raises ₹246.3 Cr from anchor investors for its ₹826 Cr IPO launching August 21, 2026. Share price set between ₹750-₹788.
China Boosts Yttrium Oxide Exports to US Jet Engine Makers
China’s July yttrium oxide exports to the US surged to 29 tonnes, easing supply concerns for American aerospace firms amidst complex rare earth trade dynamics.
Gold Dips, Silver Rises Amid Fiscal Worries & Hawkish Fed
Precious metals saw mixed trading on Aug 20. Gold fell due to US fiscal concerns, while silver advanced. Hawkish Fed minutes added to market uncertainty.
Indian Oil Fuels Mauritius: New Energy Security Deal
Indian Oil Corporation secures a long-term fuel supply deal with Mauritius, bolstering the island nation’s energy security through direct sales and a government MoU.
Balrampur Chini Stock Surges Amid Sugar Stock Limits
Balrampur Chini Mills shares jumped 17.87% to Rs 767.10, extending a 25% rally despite new government sugar stockholding limits aimed at controlling rising prices.
Indian Oil Seals Algerian LPG Deal for 2027
Indian Oil Corp secures a vital LPG import deal with Algeria’s Sonatrach, commencing 2027, to diversify energy sources and ensure supply stability.
India’s Gems & Jewellery Exports to Hit $100 Billion by 2040
India aims for $100 billion in gems and jewellery exports by 2040, focusing on design innovation and skilled craftsmanship to drive global leadership.
India’s Gold Monetisation Scheme Needs Overhaul Amidst Recycling Slump
India’s gold recycling hits an 11-quarter low. Experts urge a revamped Gold Monetisation Scheme to unlock 31,000 tonnes of household gold and reduce import dependency.
Silver Price Dips: Profit-Taking and Rate Fears Hit $62.96
Silver prices fell 0.55% to $62.96/oz on August 19, 2026, as profit-taking and persistent interest rate concerns weighed on the precious metal.
Nifty 50 Extends Losing Streak Amidst Crude Oil Price Surge
Indian benchmarks Nifty 50 and Sensex face a seventh consecutive session of losses on August 20, 2026, as rising crude oil prices dampen market sentiment.
India’s Crude Import Bill Jumps 57% to $63.4B (Apr-Jul)
India’s crude oil import bill surged 57% to $63.4 billion in April-July FY27, driven by higher global crude prices despite flat import volumes.
Oman Waters: New Gulf Oil Artery Amidst Hormuz Threats
Over 80% of Gulf crude now bypasses the Strait of Hormuz via Omani waters due to security threats, increasing India’s oil import costs.
MMTC PAMP Urges Better Gold Monetisation Scheme in India
MMTC PAMP’s MD calls for an improved Gold Monetisation Scheme to unlock India’s 31,000 tonnes of dormant gold, boost recycling, and reduce import dependency.
Ukraine Strikes Ufa Refinery, Fuel Shortages Worsen
Ukraine’s overnight strike on the Ufa refinery in Russia sparks a fire, intensifying pressure on domestic fuel supplies and leading to rationing.
India Eyes $100B Gems & Jewellery Exports by 2040
India aims to reach $100 billion in gems and jewellery exports by 2040, a significant leap from current projections, boosting economy and employment.
Australia & India Deepen Energy Ties Amid Strait of Hormuz Concerns
Australia anticipates a swift reopening of the Strait of Hormuz, as India and Australia strengthen their energy partnership amidst regional instability.
India’s Gold Market Rebounds: Festive Demand Expected
India’s gold market recovers post-June correction. World Gold Council anticipates strong festive season demand driven by price sensitivity and ETF inflows.
Gold, Silver Prices Dip on MCX Amidst Weak Indian Demand
Indian gold and silver futures on MCX experienced a decline on August 19 due to weak domestic spot demand and profit-taking, contrasting with global precious metal gains.
Gold Surges 9% As Investors Flock to Safer Money Markets
Gold prices jumped 9% in July 2026, but investors poured Rs 1.4 lakh crore into money market funds, signaling a strong preference for safety and stability.
Silver Prices Plummet Rs 4,400 on MCX, Despite Strong Annual Gains
Silver futures on MCX fall over Rs 4,400, hitting Rs 2,29,711/kg. Discover the reasons behind the intraday correction and silver’s strong annual performance.
Indian Stocks Dip: Crude Oil Surges, Asian Markets Fall
Indian equity markets opened lower on August 19, 2026, tracking negative Asian cues and rising crude oil prices. Nifty 50 and BSE Sensex posted declines.
Gold Prices Dip Amid Bond Selloff and Hormuz Tensions
Gold prices hover near $4,340/oz, pressured by rising bond yields and geopolitical risks in the Strait of Hormuz, impacting investor appetite for non-interest-bearing assets.
Energy Stocks Surge to Record High on Rising Oil Prices
Energy stocks hit a record high as fading Iran ceasefire hopes boost oil prices. Discover market insights and key figures driving the sector’s recovery.
Gold Surges on Safety Demand; Oil Prices Threaten Indian Portfolios
Gold prices climb amid global uncertainty, offering a safe haven. However, surging oil prices pose a significant inflation risk to Indian investors and corporate earnings.
India Considers Duty-Free Sugar Imports to Curb Price Hikes
India’s government is exploring duty-free sugar imports and bulk trader limits to stabilize rising retail prices ahead of festive seasons, amid concerns over monsoon impact on yields.
Nifty Support at 24,000: Indian Equities Face Bearish Pressure
Nifty support drops to 24,000 amid rising crude, US-Iran tensions, and weak global cues. Indian equities face persistent bearish pressure. Learn more.
India’s Govt Incentivizes Cheaper Gas for PNG Expansion
India’s government introduces incentives for cheaper domestic gas, boosting Piped Natural Gas (PNG) connections and City Gas Distribution (CGD) expansion from September 2026.
US Stocks Dip as Oil Surges, Yields Climb; Chipmakers Plunge
US stocks declined Tuesday amid rising oil prices, higher Treasury yields, and a sharp fall in chipmakers. S&P 500 down 0.52%, Nasdaq Composite down 1.23%.
India Coconut Exports Hit Rs 7,038 Cr in FY26, Up 62%
India’s coconut product exports soared by 62% to Rs 7,038.35 crore in FY26, driven by strong global demand, showcasing significant growth in the agricultural export sector.