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Indian Fuel Prices August 8: Hyderabad Sees Highest Petrol Rates
Explore Indian fuel price variations on August 8, 2026. Hyderabad leads with the highest petrol rates, influenced by state taxes and global crude oil costs.

US Senate Approves 100% Tariffs on Russian Energy Buyers
The US Senate passed the Sanctioning Russia and Iran Act, authorizing President Trump to impose up to 100% tariffs on countries buying Russian energy.

9 Indian Firms, Including Garuda Aerospace, Get SEBI IPO Nod
SEBI approves IPOs for nine Indian companies, featuring drone maker Garuda Aerospace and gaming firm PlaySimple Games. Details on fundraising and market readiness.

Molbio Diagnostics Raises ₹281.5 Cr from Anchor Investors Ahead of IPO
Molbio Diagnostics secures ₹281.5 crore from 33 anchor investors, including Goldman Sachs & BlackRock, before its IPO opens on August 10. Learn more about the IPO details.

Mithila Makhana Exports to Australia: A GI Tagged Milestone
India achieves a major agri-export feat with the first sea shipment of GI-tagged Mithila Makhana from Bihar to Australia, boosting farmer incomes.

MAAFs Attract ₹38,027 Cr Inflows Fueled by Gold Rally
Multi-Asset Allocation Funds saw nearly ₹38,027 crore in inflows (Jan-Jun 2026), driven by gold’s strong 2025 performance and safe-haven demand.

Iran, Oman Near Deal to Reopen Strait of Hormuz Amid US Pressure
Iran and Oman are finalizing a deal to reopen the Strait of Hormuz, a crucial global shipping route, as the US signals a potential agreement this week. Learn more.

Asit C Mehta Financial Services Reports Rs 4.56 Cr Profit in Q1 FY27
Asit C Mehta Financial Services achieves Rs 4.56 Cr net profit in Q1 FY27, a significant turnaround from a Rs 2.28 Cr loss in the previous year. Stable sales highlight operational improvements.

RBI Revolving Credit Ban Hits NBFC Stocks Hard
RBI’s proposal to restrict revolving credit facilities causes significant stock drops and market cap losses for major Indian NBFCs like Bajaj Finance and Bajaj Finserv.

LIC Invests ₹16,578 Cr in Stocks, Equity Share Hits Record Low
LIC invested ₹16,578 crore in top stocks in Q1, yet its equity share in the market reached a historic low due to overall market expansion.

Switch Files for IPO Amid AI Boom, Valued at $80B
Data center firm Switch confidentially files for a US IPO, eyeing up to $10B with an $80B valuation, driven by surging AI infrastructure demand.

PSP Investments Weighs $1.5B India Road Asset Sale
Canadian pension giant PSP Investments is reportedly exploring the sale of its Indian road assets, a deal potentially worth $1.5 billion including debt.

IndusInd Bank Gets RBI Approval for Stock Broking Subsidiary
IndusInd Bank receives RBI approval to establish a wholly-owned stock broking subsidiary, expanding its capital market services and financial offerings.

Trump’s $3B Minerals Plan Targets China Dominance
Donald Trump unveils a $3 billion minerals initiative aimed at bolstering US capabilities and countering China’s global influence in critical resources.

Q1 Earnings: 50 Firms Report Today Amid Market Dip
50 companies, including Aditya Birla Fashion & Delhivery, release Q1 earnings today, August 8, 2026. Markets saw a decline on Friday.

Home-Cooked Thalis Cost More: Non-Veg Up 9%, Veg Up 4%
Home cooking costs surged in July. Vegetarian thalis rose 4% and non-vegetarian thalis jumped 9% year-on-year due to rising onion, oil, gas, and chicken prices.

Bhopal Gold Prices Surge ₹160 Amid Global Market Shifts
Bhopal witnesses a ₹160 rise in gold prices on Aug 7, 2026. 24-carat gold reaches ₹1,49,810/10g, influenced by global bullion market dynamics.

RBI Exempts FCNR(B) & NRE Deposits from PSL
RBI exempts new FCNR(B) & NRE term deposits from Priority Sector Lending calculations to boost foreign currency inflows and ease bank compliance.

Tata Sons IPO Debate Reignited by RBI Decision
RBI’s NBFC-UL classification for Tata Sons sparks IPO debate, pending a crucial deregistration review. Learn the implications.

SEDEMAC Dominates Auto-Tech: 80% Market Share in ISG ECUs
IIT Bombay’s SEDEMAC Mechatronics leads India’s ISG ECU market with 80% share, achieving 40% ROCE and ₹1,000 Cr+ revenue through innovative software.

Zomato Stock Soars: Motilal Oswal Sets Rs 300 Target
Zomato shares see a significant price-volume surge. Motilal Oswal Financial Services recommends buying with a Rs 300 target for traders.

Navi Flexi Cap Fund NAV Reaches ₹25.34 – August 7, 2026
Navi Flexi Cap Fund’s NAV hit ₹25.34 on Aug 7, 2026. Managed by Ashutosh Shirwaikar, this ‘Very High’ risk equity fund targets long-term capital appreciation.

Godawari Power Q1 Profit Up 2.69%, Revenue Soars 32.3%
Godawari Power & Ispat reports Q1 FY27 results: Net profit up 2.69% to ₹221.7 crore, while revenue jumps 32.3% to ₹1,750.4 crore. Discover key financial highlights.

Dhaka Stock Exchange Gains: Mutual Funds Soar 22% in July
Dhaka Stock Exchange records fourth monthly gain in July, driven by mutual funds surging 22% amid policy reforms and strong corporate earnings.

Aegeus Technologies IPO: ₹16.60 Cr Fresh Issue Filed
Aegeus Technologies files DRHP for a ₹16.60 crore IPO, focusing on robotic solar panel cleaning. Funds for product development, manufacturing, and working capital. Opens Aug 4, 2026.

Milky Mist Dairy Food: Untraded on NSE/BSE, Financials Unavailable
Milky Mist Dairy Food Ltd. shares are not traded on NSE or BSE, making key financial metrics like PE Ratio, Market Cap, and EPS unavailable. Explore available performance data.

India Lok Sabha Approves Tax Exemption for Foreign Bond Investors
India’s Lok Sabha passes bill granting income-tax exemption on government bond earnings for foreign investors from April 1, 2026, to boost stable capital inflow.

AGS Health Files Updated IPO Papers for $504M India Offering
Blackstone-backed AGS Health updates IPO filing for a $504 million offering in India, including fresh share issuance and existing investor sales.

Yogiji Digi Files ₹270 Cr IPO DRHP, Targets BSE & NSE Listing
Yogiji Digi Limited files DRHP for a ₹2,700 million IPO, including a fresh issue and OFS. Aims for listing on BSE & NSE. Details inside.

Iran-Oman Deal on Strait of Hormuz Expected: US to Lift Blockade
A US official anticipates an Iran-Oman deal on the Strait of Hormuz to restore shipping, prompting the US to lift its blockade on Iranian ports based on performance.