Topic
Capital Markets
Finance India's Finance Minister Sitharaman cites financial sector boom to woo Canadian investors
India's Finance Minister Nirmala Sitharaman invited Canadian investors to increase participation in India's growth story, citing robust scheduled commercial banks, rapid NBFC growth and a digital ecosystem that reduced access costs. She flagged 100% FDI in insurance, GIFT City and supply-chain alternatives as key attractions.
Finance Rs 30 Lakh a Month for an Intern? India's High-Speed Trading Firms in Fierce Talent War
Indian high-frequency trading (HFT) firms are offering record compensation to interns, including Rs 3 million a month from Quadeye, as they compete for quantitative talent. The pay surge comes amid tighter derivatives regulations, a 17-month low in NSE futures and options turnover, and a 3% decline in proprietary trading gross profit.
Finance Zee moves SAT, seeks one-day extension for warrant subscription after Rs 75 crore delay
Zee Entertainment Enterprises has approached the Securities Appellate Tribunal (SAT) seeking a one-day extension to complete a warrant subscription by promoter entity Sunbright Mauritius Investments, after about Rs 75 crore of the subscription amount was credited after the deadline. SAT, which had earlier allowed the warrant issuance and set an Aug 21 deadline, is expected to rule on Thursday.
Finance ASK Property Fund books ₹340 crore exit from Chennai's Shriram 122 West project
ASK Property Fund exited its investment in Shriram 122 West, a Chennai residential project, realising ₹340 crore against ₹215 crore invested — a gross return multiple of 1.6x. The exit is the second under the ASK-Shriram partnership platform, which dates to 2012, according to The Hindu Business Line.
Finance Prisma Global issues Rs 200 crore bonds in first Indian AI company debt offering
Prisma Global, a Mumbai-based AI solutions company, has issued Rs 200 crore of bonds — the first debt offering by an Indian AI company. The Rs 50-crore base tranche, carrying a 10% coupon for two years, was fully subscribed within the first hour and nearly eight times oversubscribed by 3pm, triggering the Rs 150-crore greenshoe option.
Finance REIT Quarterly Distributions Cross ₹3,000 Crore as Listed Universe Expands
India's listed REITs distributed ₹3,136 crore in Q1 FY27, more than double the ₹1,559 crore paid a year earlier, driven by new listings and portfolio performance. The sector expanded to six trusts from four, with cumulative payouts crossing ₹34,800 crore and gross AUM exceeding ₹3.17 lakh crore.
Finance Sebi chief Pandey says CAS won't be rolled back; regulator open to feedback
Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey said the Closing Auction Session (CAS) introduced on August 3 will not be rolled back, according to Business-Today. The regulator is reviewing feedback from market participants, including social media comments, but has not announced specific changes. Pandey said difficulties may diminish as more participants adopt the system.
Business FPIs Invest ₹16,621 Crore in Indian Equities So Far in August
Foreign Portfolio Investors invested ₹16,621 crore in Indian equities during the first two weeks of August, extending the buying momentum from July. Stock exchange purchases contributed ₹11,199 crore, while primary market investments added ₹5,422 crore, according to News on AIR citing depository data. FPIs also invested ₹1,041 crore in debt securities through the General Limit and Fully Accessible routes.
Finance Seven IPOs to Raise Rs 6,400 Crore as India's Primary Market Stays Packed
Seven companies are scheduled to launch IPOs between August 17 and 21, aiming to raise more than Rs 6,400 crore collectively. The line-up includes Horizon Industrial Parks, Lalithaa Jewellery Mart and Augmont Enterprises. Proceeds will be used for expansion, capital expenditure and debt repayment, with OFS components providing exits for selling shareholders.
Finance Higher 25% SPV Surcharge Tempers Gains from REIT, InvIT Tax Overhaul; Industry Seeks Relief
The proposed REIT and InvIT tax overhaul, passed by the Lok Sabha, restores dividend exemption for unitholders but raises the SPV surcharge to 25% from 10%, tempering near-term distribution gains. Experts said the concessional regime still offers a lower effective tax rate of about 28.60% versus 34.94% under the old framework, and industry is seeking relief on the surcharge.
Finance Berkshire Hathaway raises Alphabet stake to $37.76bn, adds homebuilders in Q2 reshuffle
Berkshire Hathaway raised its Alphabet stake to about 106 million shares worth $37.76 billion and added homebuilders while trimming financial holdings in Q2, according to Business-Today. CEO Greg Abel agreed to a $10 billion Alphabet investment in June, and Alphabet plans an $80 billion raise for AI infrastructure.
Finance Flat Nifty Hides Wide Two-Year Gap Between Top and Bottom Equity Fund Performers
Over the two years ended August 10, 2026, the Nifty 50 delivered annualised price returns of just 0.4 per cent (1.7 per cent total return), yet actively-managed equity funds ranged from a 10 per cent loss to a 20 per cent gain. A bl.portfolio analysis of 449 schemes found 52 per cent of funds beat their benchmarks, with outperformance concentrated in multi-cap, flexi-cap and small-cap categories and in larger fund houses.
Finance Anthropic's $200 billion 2028 revenue forecast shapes record IPO valuation
Anthropic is preparing for one of the world's biggest IPOs, with investors and bankers using 2028 revenue projections of $190–200 billion to assess its valuation, according to Business Today. The forecast far exceeds the $47 billion revenue run rate disclosed in May and the $10.9 billion projected for Q2 2026. Investors are benchmarking the AI firm against Palantir, Cloudflare and SpaceX.
Finance Nvidia discloses $21 billion SpaceX stake as Musk ties deepen
Nvidia disclosed a nearly $21 billion stake in Elon Musk's SpaceX, holding 123 million shares that have since fallen to about $17 billion after the rocket company's June IPO. The chipmaker has committed more than $100 billion to AI companies and plans a $500 billion consortium to finance customers.
Finance Korean Stock Market's Wild Swings Cost Investor $14,000 in One Month
Bank worker Yongjoon Kim lost 20 million Korean won ($14,000) after his tech investments slumped 25% in July. The Kospi swung from above 9,000 points to 5,500 and back to about 6,800, with 1.2 million margin calls by end-July. Analysts at BNY and Societe Generale flag AI-related risks and growing leveraged retail trading.
Finance Asset Allocation and Diversification: Managing Mutual Fund Risk
Santosh Agarwal, CEO of Paisabazaar, outlines two core strategies for managing mutual fund risk: asset allocation based on financial goals and risk tolerance, and diversification across and within asset classes. The guidance highlights how equity, fixed income and gold behave differently under market conditions, and how age and investment horizon should shape allocation decisions.
Finance Equity Mutual Fund Inflows Plunge 42% to Rs 24,697 Crore in July, Amfi Data Shows
Equity mutual fund inflows fell 42% year-on-year to Rs 24,697 crore in July, marking the 65th consecutive month of positive inflows. SIP contributions rose to Rs 31,961 crore, while debt schemes reversed June outflows, driving industry net inflow to about Rs 2.4 lakh crore, Amfi data showed.
Finance Fitch Affirms India's Sovereign Rating at BBB- with Stable Outlook on Robust Growth
Fitch Ratings affirmed India's sovereign rating at BBB- with a stable outlook, citing robust growth prospects and strong external finances. The agency projects GDP growth of 6.4% in FY2027 and expects the RBI to raise its policy rate by 25 basis points to 5.5%.
Finance India Equity Mutual Fund Inflows Fall 14.8% to ₹24,697 Crore in July as SIPs Edge Up
Equity mutual fund inflows in India fell 14.8% to ₹24,697 crore in July from ₹28,973 crore in June, while SIP contributions rose marginally to ₹31,961 crore. Debt funds attracted ₹1,87,511 crore, reversing prior outflows, with liquid funds leading at over ₹1,19,000 crore. Small-cap funds saw the highest equity inflows at over ₹7,700 crore.
Finance Fitch Retains India’s Credit Rating at BBB-, Sees Strong Economy, Warns on Fiscal Risks
Fitch Ratings affirmed India's long-term issuer default rating at BBB- with a stable outlook, the 20th consecutive year at the lowest investment grade. Fitch projects 6.4% GDP growth for the current financial year but warns that youth protests over employment could raise fiscal spending pressures.
Finance Equity MF inflows fall 15% in July as investors turn cautious, SIPs stay strong
Equity mutual fund inflows fell 15% month-on-month to Rs 24,697 crore in July, marking the 65th consecutive month of positive inflows, while SIPs stayed resilient at Rs 31,961 crore. Debt funds drove an industry-wide reversal to Rs 2.36 lakh crore net inflows, and AUM rose 4.3% to Rs 85.76 lakh crore.
Finance 'I started in my 20s and made £8,000': Women are often better investors than men
UK women invest less but achieve higher returns. Fidelity International data shows cumulative 50% returns for female investors over three years versus 47% for men, while Boring Money finds only 26% of women invest, compared with 41% of men. Behavioural differences, including lower trading frequency, help explain the gap.
Finance SpaceX retail investors turn net sellers for first time since June IPO, sell $4.5 million
Retail investors turned net sellers of SpaceX shares on August 7, selling $4.5 million worth, the first such instance since the company's June IPO, according to Vanda Research. The shift followed a dip-buying spree after a 13.6% drop, and occurred as shares rebounded near the IPO price. Analysts suggest profit-taking and position fatigue drove the selling.
Finance Closing Auction Rolls On: SEBI Stands Firm as Traders Call System 'Broken Overnight'
India's new closing auction unsettled traders in its first week, with the Nifty closing above its continuous-trading level on Monday and Tuesday. SEBI declined to roll back the mechanism, attributing the swings to teething problems and limited participation. By Thursday, the BSE Sensex completed its first weekly expiry with little disruption, finishing 0.2% above its 3:15 p.m. level.
Finance Gold ETF Inflows Stay Net Positive for Third Week as Prices Rally
Physically backed gold ETFs attracted net inflows of $3.04 billion in the week ended August 7, a third straight weekly gain, according to World Gold Council data cited by The Hindu Business Line. Gold prices rose over 6% on soft July payrolls, which cut Fed September rate-hike odds to 44%. Year-to-date net flows stand at $13.69 billion.
Finance Gold ETF Inflows Stay Net Positive for Third Week as Prices Gain 6%
Physically backed gold ETFs attracted $3.04 billion in net inflows for the week ended August 7, the third consecutive weekly gain, with gold prices up over 6%, according to the World Gold Council. Year-to-date net flows stand at $13.69 billion, led by China and India, even as US investors remain net sellers.
Finance FPIs Invest ₹12,921 Crore in Indian Equities in First Week of August
Foreign Portfolio Investors invested ₹12,921 crore in Indian equities during the first week of August, continuing the buying momentum from July. Debt market flows were mixed, with ₹622 crore through the General Limit route and outflows of over ₹350 crore via the Fully Accessible and Voluntary Retention Routes.
Finance India’s markets have strong domestic cushion, but global risks loom: Sebi
Sebi’s annual report 2025-26 says resilient domestic fundamentals will support Indian markets in 2026-27, but geopolitical uncertainty, high commodity prices and volatile foreign capital flows remain risks. The report follows a year of record FPI equity outflows of $19.7 billion and a ~14% decline in broader indices in dollar terms.
Finance US Treasury Yields Poised to Rise More as War and Oil Keep Inflation Elevated
The US 30-year Treasury yield reached 5.28% on July 31, 2026, its highest since 2007, as the US-Iran war drove oil prices higher. Headline CPI climbed from 2.4% to 4.2%, challenging the Fed's projected 50-bps rate cut for 2026. Market-TOI's technical view says yields will stay elevated unless WTI crude falls below $60.
Finance India Retains Top Position Globally in IPOs, SEBI Annual Report Shows
India retained the top position globally in the number of IPOs and ranked third in funds raised during FY 2025-26, according to SEBI's Annual Report. Primary equity markets stayed strong while corporate bond mobilisation fell 8.4% to 9.1 lakh crore rupees, and FPI ownership dropped to a 15-year low.
Finance NSE proposes stricter eligibility norms for authorised persons to strengthen investor protection
The National Stock Exchange has proposed stricter eligibility norms for Authorised Persons, including minimum net worth of ₹5 lakh for individuals and ₹25 lakh for firms. The consultation paper, prepared jointly with SEBI, also mandates disclosure of accounts and technology safeguards, with comments invited till 27 August.
Finance Wall Street rallies as 23,000 job cuts boost hopes of softer Fed policy
Wall Street traded higher on Friday after US employers unexpectedly cut 23,000 jobs, boosting expectations that the Federal Reserve may have more room before raising interest rates. The S&P 500 rose 0.4%, the Dow gained 114 points, and the Nasdaq climbed 1%, while Treasury yields declined and Brent crude slipped to $82.07 a barrel.
Finance Options Volumes Down Over 50% on Stricter Rules: Sebi Annual Report
Sebi's annual report for FY26 reveals a 51.5% drop in options contract volumes and nearly 18% fall in futures volumes, driven by regulatory interventions including increased contract sizes, rationalised weekly expiries, and a higher securities transaction tax. The report also discloses a record FPI net outflow of over Rs 1.5 lakh crore, with heavy secondary-market selling and primary-market buying.
Finance Bankers unaware as government timed LIC stake sale to maximise receipts
The Indian government raised Rs 31,000 crore through an offer for sale of LIC shares, timing the transaction to capture favourable market conditions after SBI Mutual Fund's IPO and ahead of NSE and Jio listings. Merchant bankers were kept in the dark until trading closed to prevent leaks and maximise receipts, DIPAM officials said.
Finance Milky Mist Dairy Food's ₹1,553-Crore IPO to Open on August 11
Milky Mist Dairy Food Ltd has fixed a price band of ₹133-140 per share for its ₹1,553-crore initial public offering, which opens August 11 and closes August 13. The issue, billed as the largest IPO by an Indian dairy company, comprises a ₹1,428-crore fresh issue and a ₹125-crore offer for sale, with listing on BSE and NSE on August 18.
Finance SpaceX Engineer Sells $23m Stake: 'Every Chance I Get, I'll Sell a Little More'
Andre Lavoie, a SpaceX engineer since 2009, plans to sell his 200,000 shares worth about $23m as the firm's stock is released in stages from 6 August. The record Nasdaq IPO valued SpaceX at more than $2 trillion, but heavy AI spending and a net loss have spooked investors. Analysts are split on the valuation, with some warning AI-linked firms are overdone.
Finance Government mops up Rs 31,552 crore from LIC share sale via OFS
The government raised Rs 31,552 crore by selling a 6.5% stake in LIC through an offer for sale, the biggest public offer in Indian stock market history. Shares were allotted at Rs 383.69, above the base price of Rs 382, with demand for 111.3 crore shares against 82.2 crore on offer. LIC's public shareholding now stands at 10%, meeting Sebi's minimum public shareholding norm ahead of schedule.
Finance Airtel Money Eyes London Listing This Year; Bharti Airtel ARPU Rises to Rs 264
Bharti Airtel's Airtel Money is preparing for a London listing in the second half of 2026, with Q1 revenue exceeding $400 million and 64% of adults in its footprint still unbanked. The parent telco reported 37% profit growth in the quarter, lifting ARPU to Rs 264 from Rs 250 a year earlier, driven by premiumisation and strong customer additions.
Finance Wall Street Scales New Record Highs as Oil Holds Steady; Disney, Nvidia Lead
US stocks rose on Wednesday with the S&P 500 up 0.5% and the Dow gaining 487 points, extending record-high momentum. Brent crude held steady at $79.41, while the 10-year Treasury yield inched up to 4.64%. Earnings leaders included Disney, Booking Holdings, and Nvidia, according to Business-Today.
Finance Government raises LIC OFS size; offer becomes India's biggest stake sale
The government expanded LIC's ongoing offer for sale by an additional 4% after the issue was subscribed 3.3 times on day one, taking the total offer to 82.2 crore shares. At the base price of Rs 382, the OFS is expected to raise about Rs 31,400 crore, making it India's largest-ever offer for sale. Total demand reached nearly 94.5 crore shares, and retail investors will bid on the closing day.
Finance Wall Street Near Record High as Earnings Rally, Crude Slips
Wall Street moved closer to fresh record highs on Tuesday as easing oil prices and strong corporate earnings lifted sentiment. The S&P 500 gained 0.6%, the Dow climbed 658 points, and Brent crude fell 4.2% to $80.29 a barrel, while the 10-year Treasury yield dropped to 4.63%.
Finance LIC OFS Draws 66% Institutional Subscription by Noon as Centre Sells 6.5% Stake
Institutional investors subscribed 66.10% of the reserved portion in the first leg of the government's LIC Offer-for-Sale by noon Tuesday, bidding for 18.81 crore shares at an indicative Rs 382.07. The Centre is selling up to 6.5% of its LIC stake, with a fully subscribed offer set to raise about Rs 31,000 crore at the Rs 382 floor price.
Government to sell up to 6.5% stake in LIC, may mop up Rs 31k cr
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Finance Amazon crosses $3 trillion market cap as AI and cloud growth power record stock rally
Amazon's market capitalisation crossed $3 trillion for the first time on Monday, with shares up 5.5% at a record $286.20, according to Business Today. The rally follows the company's fastest cloud revenue growth in over four years and a higher annual capital expenditure forecast. Amazon now joins Apple, Microsoft, Alphabet and Nvidia above the $3 trillion threshold, while Nvidia approaches $5 trillion.
Finance India Proposes Sweeping Tax Rule Changes to Attract Offshore Funds
India proposes easing EIF eligibility norms and replacing the June 5 FPI tax Ordinance under the Taxation and Other Laws (Amendment) Bill, 2026. The changes aim to make India a global fund management hub and attract foreign capital, with a unified IFSC and non-IFSC framework.
Finance Tax Amendment Bill 2026 proposes easier rules for offshore funds managed from India
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to substantially relax eligibility conditions for Eligible Investment Funds (EIFs) managed from India, removing investor thresholds and corpus requirements. The bill also replaces the June 5 ordinance that exempted FPIs from tax on G-Sec interest and capital gains, part of a broader push to attract foreign capital and support the rupee.
Finance India PE-VC Investments Fall 6% to $20.3bn in Jan-July 2026, Data Shows
PE-VC investments in India declined nearly 6% to $20.3 billion in Jan-July 2026 from $21.5 billion a year earlier, according to Venture Intelligence. July saw $3 billion in investments, flat against $3.2 billion, with Brookfield's Lumara leading at about $600 million. Venture Intelligence founder Arun Natarajan expects 2026 deployments to land roughly on par with 2025 if global macro conditions stay stable.
Finance US Stock Markets Rally as Chip Stock Gains Lift Nasdaq, S&P 500 and Dow
US stock markets rallied yesterday, with chip stocks driving the Nasdaq Composite up 2.8% to end a six-day losing streak. Meanwhile, the US Bureau of Economic Analysis reported second-quarter GDP growth slowed to 1.5% from 2.1%, and June PCE price inflation cooled to 3.7% annually.
Finance SEBI Clarifies Unlisted Share Sale Rules: 200-Buyer Private Deal Limit
SEBI has clarified that private sales of unlisted company shares to up to 200 buyers in a financial year will not be treated as a public issue. The clarification, issued to IDBI Bank in a published letter, permits non-advertised, privately negotiated transfers and preserves promoter rights such as right of first refusal.
Finance Sebi Bars Zee's Subhash Chandra, Punit Goenka From Market for One Year
Sebi has barred Zee group's Subhash Chandra and Punit Goenka from the market for one year for fraudulently pledging ZEEL's Hyderabad land parcels as security for personal loans. The regulator fined Chandra Rs 60 lakh, Goenka Rs 58 lakh and ZEEL Rs 30 lakh over the 2018 incident. The order came after four group entities took loans totalling Rs 726 crore in December 2016.
Finance Zepto Defers IPO by Two to Three Quarters After Tepid Investor Response
Zepto will defer its IPO by two to three quarters, CEO Aadit Palicha told employees. Domestic investors value the quick-commerce firm at $3-3.5 billion, over 50% below its last $7 billion valuation. The company is raising a pre-IPO round at a $4-4.5 billion valuation.
Finance Bloomberg Delays India's Sovereign Bond Index Inclusion as Market Reforms Need Further Testing
Bloomberg Index Services has delayed the inclusion of India's sovereign bonds in its global bond indices, saying recent market reforms need more time to be tested in practice. The delay is a negative for bond markets, as inclusion would have driven fund flows from several passive bond funds globally.
Finance Covenant Logistics Shares Plunge 11.2% on Earnings; CFO Stresses Long-Term Strategy
Covenant Logistics stock plunged 11.2% to $36.85 on Thursday after the company reported adjusted EPS of 42 cents, down from 45 cents, despite a 6.16% rise in freight revenue. CFO James Grant told analysts the company is deliberately built for long-term structural strengthening rather than short-term rate surges. The Expedited division lagged, with ex-fuel revenue down 12.9%.
Finance Zepto Delays Listing, Looks to Raise Rs 1,000 Crore in Pre-IPO Funding at Reduced Valuation
Zepto is raising about Rs 1,000 crore (~$105 million) in pre-IPO funding at a $4–4.5 billion valuation, over 30% below its last round, postponing its public listing. The company aims to close the round in a couple of weeks and then file its RHP with Sebi, amid valuation gaps between domestic and foreign investors and intensifying competition.
Finance NSE settles pending Sebi cases for nearly Rs 1,500 crore
NSE will pay nearly Rs 1,491 crore to settle pending regulatory cases with Sebi after the regulator accepted the revised settlement terms in principle. The settlement covers the co-location and dark-fibre cases and clears the path for NSE's IPO, for which the exchange has already filed the offer document.
Finance Govt Debunks AI-Generated Fake Video of Finance Minister Nirmala Sitharaman Promoting Investment Scheme
The Press Information Bureau's Fact Check Unit has debunked a social media video claiming Finance Minister Nirmala Sitharaman promoted an investment scheme with easy returns. The video is AI-generated and fake, the government said, urging citizens and professionals to verify claims through official channels.
Finance Wall Street Rebounds on Tech Rally as Microsoft Surges 15% on Strong Earnings, Nasdaq Climbs 1.8%
US stocks rebounded on Thursday, with the Nasdaq Composite climbing 1.8% as Microsoft surged 15.2% on strong quarterly earnings. The S&P 500 rose 0.9%, recovering half of Wednesday's decline, while the Dow gained 250 points. Meta Platforms fell 8.9% on disappointing earnings. Treasury yields eased slightly after Fed Chair Kevin Warsh offered little clarity on rate policy. Economic data showed slower growth and persistent inflation.
Finance Bombay HC Grants SEBI Time for Affidavits in Embassy REIT Petitions; Regulator Signals Likely Stance
The Bombay High Court has granted SEBI time to file detailed affidavits in two writ petitions concerning allegations against the Sponsor and promoters of Embassy Office Parks REIT. SEBI informed the court that it had examined the representation and arrived at a decision, which it indicated was unlikely to support the relief sought. The court directed SEBI to file reasoned affidavits by August 27, 2026, with further hearing scheduled for September 9.
Finance Asian stocks trade mixed after Fed holds rates; Kospi rallies 4%, Shenzhen slips 300 points
Asian stocks showed mixed performance after the Federal Reserve held interest rates steady. South Korea's Kospi rallied 3.55% while China's Shenzhen declined 2.19%. The Fed's split decision and 30-year treasury yields hitting 19-year highs fueled uncertainty, with the dollar weakening. South Korea's market saw $2 trillion wiped out amid AI sell-off, prompting Finance Minister Koo Yun-cheol to apologize for single-stock leveraged ETFs.
Finance NCDEX launches NCDEX Nidhi to distribute mutual funds to rural India via FPO network
NCDEX, the largest commodity derivatives exchange, launched NCDEX Nidhi on Wednesday to distribute mutual funds to rural and semi-urban India. The platform leverages the exchange's network of over 700 farmer producer organisations (FPOs) and 200 broker organisations. Six fund houses have been onboarded, with 20 more expected by end of August.