Business
19835 articles
UAE scam alert: Dubai consulate warns Indians against fake agents promising visas, jobs, Emirates IDs
The advisory comes amid concerns over identity and financial fraud, with the mission stressing that biometric information such as fingerprints and facial scans can be particularly sensitive and should only be submitted through authorised government channels.
Foreign buying in Indian stocks hits 23-month high in August, RBI data shows
In August, foreign investors channeled an impressive $3.1 billion into Indian equities, marking the largest monthly inflow in nearly two years. This surge in investment was bolstered by robust domestic earnings and proactive measures from the central bank. However, despite this positive trend, annual outflows are still trending towards a record high, with broader markets seeing an upswing even as major stocks faced declines.
Want NSE shares before the IPO? Here’s how the unlisted market works
The National Stock Exchange’s anticipated IPO nears, prompting investors to consider buying unlisted shares now or waiting for the public offering. Unlisted trading involves private negotiations and off-market transfers through specialized platforms before the exchange-based listing occurs.
Sebi slaps Rs 25 lakh fine on Citrus Check Inns directors
The Securities and Exchange Board of India (Sebi) has imposed a Rs 25 lakh penalty on three directors of Citrus Check Inns for disobeying its orders. The firm had unlawfully gathered funds from investors despite Sebi's prohibitory instructions. The directors claimed these collections were unintentional, attributed to agents and automatic setups. However, Sebi dismissed their argument, holding the directors accountable for the agents' actions.
US Fed chair Kevin Warsh tells G20 that past global savings glut is turning into investment surge
Federal Reserve Chairman Kevin Warsh highlighted a remarkable surge in global investments that is driving robust economic growth across the globe. The reversal of previous savings gluts marks a crucial shift in economic dynamics. Warsh emphasized that the notion of secular stagnation is no longer relevant today and expressed eagerness to discover the growth prospects of member economies.
PM Modi tells Putin: ‘Every day of war sets humanity back’, calls for end to Ukraine hostilities
The two leaders held talks on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Bishkek, Kyrgyzstan, as India continues to balance its close strategic partnership with Russia with its longstanding call for dialogue and diplomacy to end the Ukraine war.
Air India Dammam-Delhi flight makes emergency landing after ‘bomb’ written on tissue
An Air India flight from Dammam in Saudi Arabia to New Delhi with 32 passengers made an emergency landing at the Ahmedabad airport on Monday after a crew member found a tissue paper bearing a message that there was a ‘bomb’ on board the aircraft, police said.
Queen Camilla puts differences with Prince Harry aside as King Charles seeks closer family ties: Royal experts
Queen Camilla is expected to support King Charles as Prince Harry seeks to rebuild ties with the royal family following years of estrangement and public criticism.
US Stocks Today: US stocks fall at open as Iran war escalation sends oil prices up
Wall Street's main indexes opened lower on Monday after military strikes between the U.S. and Iran drove up oil prices, fanning inflation worries as the interest-rate outlook turns more hawkish.
Labor Day 2026: Date, history, origins, significance. Is it a federal holiday? Are schools closed?
Labor Day is an annual US holiday celebrating the social and economic achievements of American workers. It emerged from the labour movement of the late 19th century, when workers and labour activists pushed for better working conditions and greater recognition of the contribution of working people.
Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price
Enflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiative aligns with China's ambition for technological independence following US export restrictions on chips. The firm intends to confront Nvidia's stronghold in the AI chip sector, channeling the raised capital into sophisticated chip development and software initiatives. Investor pre-subscriptions for the IPO are slated to commence on Wednesday.
Chennai’s rain gets a market price: NCDEX launches RAINCHNNAI weather derivatives futures contract
NCDEX launched RAINCHNNAI, a futures contract allowing market participants to hedge Chennai’s Northeast Monsoon risks. Utilizing a Cumulative Deviation Rainfall model, it complements the RAINMUMBAI contract, providing a complete monsoon risk management cycle from June through December.
India 10-year bond yield sees biggest monthly rise in FY27 on rising rate hike bets
On Monday, Indian government bonds faced a notable drop, reflecting market unease. The benchmark 10-year yield marked its sharpest monthly increase of the fiscal year, fueled by rising oil prices and the Reserve Bank of India's aggressive monetary policy. Additionally, the Federal Reserve's recent indications added pressure on the bond market. This downturn raises serious concerns regarding India's inflation prospects and government financial stability.
Fly-Hi Maritime Travels to hit IPO waters with Rs 52.6 crore BSE SME issue on Tuesday
Fly-Hi Maritime Travels is preparing to debut its much-anticipated Rs 52.6-crore SME IPO on September 1. With shares priced at Rs 102 each, the funds raised will be directed towards enhancing operational capabilities, repaying debts, and bolstering marketing efforts. The initiative aims to reinforce the company's foothold in the specialized marine travel market, propelling its growth forward.
Quote of the day by Arthur Zeikel: "Generally speaking, bad news tends to develop on the installment plan, and the first earnings revision is usually not the last"
Arthur Zeikel’s observation highlights how bad news and earnings downgrades can unfold gradually. An initial cut to profit forecasts may signal deeper challenges, with further revisions possible as weaker demand, rising costs or other headwinds emerge. For investors, tracking the direction of earnings expectations can help identify broader deterioration and assess risks.
Milky Mist Q1 Results: Profit zooms nearly 9 times YoY to Rs 65 crore; revenue rises 44%
Milky Mist Dairy Food reported a nearly ninefold jump in Q1FY27 profit to Rs 65 crore, while revenue rose 43.6% year-on-year to Rs 973.45 crore. Strong demand for ice cream, curd and yogurt, higher volumes, improved product mix and operational efficiencies helped drive gross and EBITDA margin expansion.
