Business
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Stocks in news: HDFC Bank, Ola Electric Mobility, NBCC and Knowledge Realty Trust
Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CEO will not seek reappointment, while Mahindra & Mahindra expanded its EV battery service. Ola Electric received incentives, and Knowledge Realty Trust saw an offer for sale launch. NBCC signed an infrastructure project deal with NHPC, and KP Green Engineering secured new orders.
Pre-market action: Here's the trade setup for today's session
On Friday, Indian benchmark indices wrapped up the trading day positively, approaching their highs. Brent crude oil prices remained steady above $85 per barrel, contributing to a careful market sentiment. Analysts indicate that if Friday's high is surpassed, Nifty may target 24,350. Simultaneously, India VIX decreased by 3.5% to 10.68, reflecting a dip in market fear.
FPIs lobby for faster access to bourses with link to servers
The proposal - put forward by persons representing large offshore funds and custodians at a recent meeting with officials of the Securities and Exchange Board of India (SEBI) and the finance ministry - implies that buy or sell orders would flow directly from an FPI server to the exchange instead of being routed through a broker's co-location server.
Block, bulk deals hit 14-month high in August at Rs 80,000 crore
Block and bulk trades worth at least ₹80,000 crore were executed during the month - the highest since June 2025. Domestic mutual funds, insurance companies, pension funds, and a clutch of foreign institutions lapped up the increased supply of shares in the market.
IPO rush continues: 7 issues to raise over Rs 1,400 crore this week
This week, investors can look forward to three mainboard initials and four SME IPOs, with a combined goal of raising over ₹1,400 crore in the primary market. As some companies from last week finalize their offerings, five others that went public will list shortly. The SME sector also experiences its own set of IPO conclusions and fresh listings this week.
CDC Joins RFK Jr. in Questioning Pennsylvania Measles Deaths
The US Centers for Disease Control and Prevention cast doubt on Pennsylvania officials’ statements about two recent measles-related deaths, intensifying a dispute between the Trump administration and the state over the disease outbreak.
US Treasury Bars Reporters From Several Outlets From G20 Meeting
The US Treasury Department excluded journalists from several media outlets, including Bloomberg News and the Wall Street Journal, from coverage of this week’s Group of 20 finance ministers summit in Asheville, North Carolina, amid global market volatility and the US-Iran conflict.
US strikes Iranian rocket launchers near Strait of Hormuz after month-long pause in attacks; Tehran warns of response
Iranian semiofficial media reported explosions near Larak Island, located in the Strait of Hormuz. The Islamic Revolutionary Guard Corps acknowledged that several of its fighters and other people had been killed or wounded.
Quote of the day by Elizabeth Olsen: ‘I believe that you are only in control of so much. So whatever…’
Elizabeth Olsen's reflection on accepting what lies beyond our control offers a simple reminder about letting go, a mindset that has also shaped her approach to fame, acting, and life beyond the spotlight.
California student rejected by 16 of 18 colleges despite 1590 SAT gets court’s approval to pursue bias claims
Nan Zhong and his son, Stanley Zhong, have filed lawsuits against several prominent universities, including the University of Washington, the University of California system, the University of Michigan and Cornell University.
World News Today Live Updates on August 31, 2026 : Ferry carrying 267 sinks off Northern Cyprus; 8 dead, 17 missing; Captain and 7 crew arrested
World News Today Live Updates on August 31, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.
Zomato listed cloud kitchen goes viral for 'GLP-1 friendly and high protein'- We checked their menu
A Zomato cloud kitchen’s ‘GLP-1 friendly’ menu has sparked debate over whether specialised meals help people taking weight-loss medication or turn a medical treatment into another diet trend.
Trump targets NBC host Kristen Welker, demands FCC action over her ‘mixed results’ assessment of his endorsements
In a series of posts on Truth Social, Trump attacked Welker after she said his endorsements had produced “mixed results.” Trump rejected the assessment, claiming his endorsements had succeeded “98 percent to 100 percent of the time.”
Bengaluru CEO won $500 hackathon prize at 15, turned down US college offer, now runs $50 million startup
Meet Naman Pushp, the 21-year-old founder and CEO of Airbound, focusing on drone delivery. It has reportedly completed more than 13,000 autonomous flights across Bengaluru and the Guntur region.
'Banque Misr to continue business as usual': UAE, Egypt central banks issue joint statement after US action
UAE and Egypt central banks affirmed coordination over Banque Misr's UAE branches after US action targeting their dollar transactions. They said the branches would take necessary measures to ensure Banque Misr continues its business as usual.
₹47,000 in India vs ₹22 lakh in US: Man says on Instagram he’s changing countries over healthcare
User Yuvaan Ibañez Garware on Instagram, spent 16 years in Pune, India. While his mom is Indian, his father is Colombian. Here's what he said about the healthcare facility in the country.
Trump to use Venezuelan oil to refill US petroleum reserve; details of deal remain unclear
Trump said the deal would give the US a stake in Venezuela's vast oil reserves and help revive the country's battered energy industry. The agreement follows the US capture of former Venezuelan President Nicolás Maduro in January. Maduro was taken to New York to face federal drug-trafficking charges.
