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New aircraft carrier to reinvigorate Indonesia's defense industry

Jakarta, Aug. 27 -- The Defense Ministry stated that Indonesia's inaugural aircraft carrier, ITS Giuseppe Garibaldi, to be renamed as KRI Gajah Mada, will reinvigorate the national defense industry. ... Read More


Hy-Tech Engineers IPO Day 4: Issue subscribed 68.96x so far. GMP hints 83% listing pop. Apply or not?

New Delhi, Aug. 27 -- The Hy-Tech Engineers IPO entered its final day of bidding on Thursday, 27 August, with the Rs.136-crore public issue witnessing strong investor demand. The initial public offeri... Read More


Nifty FMCG Holds Post-Jackson Hole as Rural Volume Recovery Makes the Rate-Cut Thesis Real

MUMBAI, Aug. 27 -- The village kirana stores are restocking faster than they were six months ago. That is the signal the Nifty FMCG index has been waiting for since inflation punished rural discretion... Read More


Nifty IT Falls 1.47% as H-1B Fee Hike and Nvidia Watch Rattle India's Tech Giants

New Delhi, Aug. 27 -- On the day that sent India's private banks sharply higher, the technology sector moved in the other direction. Nifty IT fell 1.47% Thursday in a session where the broader Nifty 5... Read More


Nifty Midcap 150 Outpaces Large Caps Post-Jackson Hole, but the Gap Is Closing

New Delhi, Aug. 27 -- The rally that followed Jerome Powell's Jackson Hole address last week did not land evenly across India's equity market. The Nifty Midcap 150 gained 2.1% in the three trading ses... Read More


Nifty Realty Gains as Rate Cut Bets and Festive Season Set Up Strongest Q3 in Three Years

New Delhi, Aug. 27 -- For India's homebuilders, the arithmetic of Jackson Hole arrived weeks ahead of Diwali. The Federal Reserve's clearest signal yet of a September rate cut has redrawn the market f... Read More


India's Pharma Giants Brace for Margin Squeeze as Trump's Drug Import Order Sets 25% Tariff Ceiling

New Delhi, Aug. 27 -- Three weeks before India's pharmaceutical sector was supposed to benefit from Federal Reserve rate cuts and a more accommodating dollar, an executive order signed at the White Ho... Read More


Sensex slides 124 pts; media shares decline

Mumbai, Aug. 27 -- The key equity benchmarks traded with small cuts in the morning trade. The Nifty traded below the 24,200 level. Media shares declined after advancing in the past two trading session... Read More


Customs detect bid to import 4 luxury cars as used parts

Dhaka, Aug. 27 -- Customs intelligence officials have uncovered an attempt to import four luxury cars into Bangladesh by declaring their major components separately as 'used car parts' and cutting the... Read More


Fino Payments Bank gets RBI nod for extension of tenure of Ketan Merchant as interim CEO

Mumbai, Aug. 27 -- The extension would be effective from 27 August 2026 or till the date of taking charge of regular MD & CEO, whichever is earlier. The announcement was made post market hours yester... Read More