Topic
investment
Logistics SFL Makes Fresh $363m Car Carrier Play With Four LNG Dual-Fuel Newbuilds
John Fredriksen-backed SFL is spending $363m on four LNG dual-fuel car carriers, with delivery scheduled for 2029. Two vessels are already fixed on five-year charters to a major Asia-based carmaker, while two remain open. The order comes as shipyard capacity stays tight into 2030.
Foxconn scouts 200-acre Gujarat land parcel for mobile and high-end electronics plant
Taiwan-based Foxconn is scouting more than 200 acres in India for a technology park and high-end electronics plant, with a site near Sanand in Gujarat under consideration, according to Business Today. The company has surveyed the plot and expects to finalise the location in the coming weeks, with other states also in contention.
Nauta Raises Strategic Funding as CEO Says Data—Not Agents—Is Supply Chain AI's Moat
Nauta, an AI-native operating system for global trade, has closed a strategic funding round backed by BMW i Ventures, Bosch Ventures, Hitachi Ventures and Yamaha Motor Ventures. CEO Valentina Jordan argues the real moat in supply chain AI is the data foundation beneath the agents, with invoice-matching already identifying $300,000 to $500,000 in incorrect amounts per client.
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.
Billionaire Thomas Kaplan Sees Gold at $50,000 an Ounce, Calls Tenfold Rise Inevitable
Billionaire investor Thomas Kaplan, chairman of Electrum, told Kitco News that gold could climb to $50,000 an ounce, or about Rs 15 lakh per 10 grams, calling a tenfold advance inevitable. With bullion near $4,600, Kaplan compares the current pullback to the 1987 crash — the 'best buying opportunity of the entire bull market.'
Gold Price Prediction Today: Why Gold Prices Are Rising — August 26, 2026 Outlook
Gold has rebounded sharply in August, gaining 14% month-to-date, supported by lower US Treasury yields, a weaker dollar and strong ETF inflows of $6.4 billion last week. The near-term outlook hinges on Fed Chair Kevin Warsh's Jackson Hole speech and core PCE inflation data, with spot gold at $4,650/oz. Silver has also rebounded, with the Silver Institute projecting a sixth consecutive annual market deficit in 2026.
Logistics Diana Shipping Sells 1.2M Genco Shares for $32M After Abandoning Takeover
According to Splash247, Diana Shipping sold 1.2 million Genco shares for about $32 million after aborting its nine-month takeover attempt. The sale reduces Diana's stake from 14.4% to 11.62%, with the remaining holding worth roughly $135 million. Genco now owns 44 bulkers, while Diana operates 36 bulkers and has two methanol dual-fuel newbuildings on order.
Gold Holds Near Three-Month High as Dollar Weakens; Silver Trades Mixed on Profit Taking
Gold held near a three-month high at $4,646.08 per ounce on Aug 26, supported by a softer dollar and US Treasury buyback plans, after posting a 3.2% weekly gain. Silver diverged, falling 1.04% to $67.88 as traders booked profits, while Indian gold prices rose for a fourth straight session in Delhi.
From 600 to 5,000 Packages an Hour: FedEx Unveils $150 Million Delhi Cargo Hub
FedEx plans a $150 million integrated air cargo hub at Delhi's Indira Gandhi International Airport, boosting package processing capacity from 600 to 5,000 packages per hour. The facility at GMR Cargo City will strengthen air cargo connectivity across North and East India, supported by government efforts to expand cargo hubs and air freight stations.
Bitcoin Crosses $80,000 for First Time Since Mid-May on Weaker Dollar, Up 28% in August
Bitcoin crossed $80,000 for the first time since mid-May, reaching an intraday high of $81,237.94, as a weaker dollar and Treasury plans to buy back long-dated bonds drove demand for alternative assets. The cryptocurrency gained 28% in August, its biggest monthly increase since November 2024, after President Trump urged clearer cryptocurrency rules.
BofA survey: India becomes least-favoured Asian stock market; fund managers underweight
India has replaced Indonesia as the least-favoured Asian stock market in Bank of America's latest fund managers' survey, with 32% of respondents net underweight. The survey, covering 98 fund managers managing $272 billion in assets, cites lack of AI exposure, weak economic growth, lack of reforms and elevated valuations as key concerns.
Cabinet Approves Four Railway Multitracking Projects Worth Rs 9,450 Crore Across Four Indian States
Union Cabinet approved four railway multitracking projects worth Rs 9,450 crore across West Bengal, Odisha, Andhra Pradesh and Tamil Nadu, adding 410 km of track and 76 million tonnes of annual freight capacity by 2030-31, according to Business-Today. The Cabinet also cleared an NH-22 four-laning project in Bihar worth Rs 3,590.73 crore. The projects target coal, iron ore, cement, containers and automobile freight.
Manufacturing Escorts Kubota to Build ₹2,000 Crore Tractor and Construction Equipment Plant in UP
Escorts Kubota announced a ₹2,000 crore investment for a new manufacturing plant in YEIDA, Uttar Pradesh. The phased facility will add capacity of up to 60,000 tractors and 15,000 construction equipment units per annum, targeting both domestic and global markets.
Top Stocks to Buy Today: Bata India, IFCI, KFin Technologies Picks for August 19, 2026
Anand Rathi Shares' Mehul Kothari has recommended Bata India, IFCI, and KFin Technologies as top stock buys for August 19, 2026. The report includes specific buy zones, stop losses, and price targets based on technical indicators like RSI, DMI, and the Keltner Channel.
Logistics Sinokor's $6bn Tanker Bet Pays Off as Hormuz Crisis Fuels VLCC Buying Spree
Sinokor Maritime has acquired 73 secondhand tankers for $5.925bn in 2026, matching the combined spend of the next eight largest buyers. With MSC taking 50% joint control and Hormuz disruptions pushing VLCC earnings toward $510,000 a day, the buying spree has lifted asset prices to 2008 levels.
Logistics A.P. Moller Capital agrees to acquire majority stake in Moroccan logistics group Globex
A.P. Moller Capital has agreed to acquire a majority stake in Moroccan logistics group Globex Investissement, deploying capital from its newly established Morocco-focused fund. The Casablanca-based company operates express, road freight, forwarding, customs and warehousing services across Morocco, Senegal and Cameroon. Completion awaits clearance from Morocco's Competition Council.
Govt Clears 31 Electronics Part Projects Worth Rs 7,877 Crore
The Indian government has approved 31 electronics component manufacturing applications worth Rs 7,877 crore under the Electronics Components Manufacturing Scheme. The projects, involving Kaynes Technology, Dixon Technologies, Wipro and Motherson, will produce PCBs, camera modules, enclosures and other key inputs. The scheme has now attracted 106 proposals with committed investment of Rs 69,548 crore, exceeding its initial target.
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.
Top Stocks to Buy: Ujjivan Small Finance Bank and 360 One Wam for August 17-21
SBI Securities has identified Ujjivan Small Finance Bank and 360 One Wam as top buys for the August 17-21 week with specific entry, stoploss, and target levels. Nifty is range-bound with daily ATR at 192 points, while Bank Nifty's ADX has dropped to a multi-year low, indicating limited directional strength.
Will Gold Prices Continue to Rally? Outlook for August 17, 2026 Week
Gold prices have turned decisively positive, rising to around Rs 155,145 with a weekly bias bullish above Rs 152,000, according to Motilal Oswal's Manav Modi. Soft US inflation data cut Fed hike odds, while PBoC buying for 21 straight months and Strait of Hormuz uncertainty support the rally.
Commodities BP returns to Venezuela offshore gas with Loran Phase 2 licence award
BP has signed agreements with Venezuela to develop offshore gas, including the Loran Phase 2 exploration and production licence in the Plataforma Deltana area. BP will operate the project with equal partners XRG and UCC Oil and Gas, covering around 4 trillion cubic feet of recoverable gas. The deal marks BP's return to Venezuela's offshore gas sector as the country reopens to foreign investment.
Five of Top 10 Indian Firms See Rs 1 Lakh Crore Market Cap Erosion
According to Business Today, five of India's top-10 most valued firms -- Reliance Industries, HDFC Bank, ICICI Bank, SBI and TCS -- lost Rs 1 lakh crore in combined market cap last week, with TCS hit hardest. The BSE Sensex fell 0.6% and Nifty dropped 0.8%, while five gainers led by LIC and Bharti Airtel added Rs 55,149 crore.
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.
FPIs turn buyers again, pump Rs 16,621 crore into Indian equities in August
Foreign portfolio investors invested Rs 16,621 crore in Indian equities in the first fortnight of August, adding to Rs 20,200 crore in July and reversing a four-month selling streak. Despite the inflows, FPIs remain net sellers in 2026, with about Rs 2.4 lakh crore withdrawn year-to-date. Experts attribute the turnaround to improving valuations, resilient earnings, anticipated US rate cuts, softer crude prices and lower currency volatility.
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.
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.
India’s Semiconductor Push: PM Modi Says 3 Plants Producing, 7–8 More Coming Up
Prime Minister Narendra Modi announced that India has begun production at three semiconductor manufacturing plants, with seven to eight additional facilities expected over the next several years. The government's second-phase semiconductor mission, Semicon 2.0, has an outlay exceeding Rs 1.27 lakh crore, with 12 approved projects and over Rs 1.64 lakh crore in committed investment.
Commodities Gold can become a key pillar of India's growth story
Sachin Jain, Regional CEO India of the World Gold Council, presented the Swarna Bharat 2047 roadmap, proposing domestic mining, higher value-added exports, financialisation of household gold and institutional reforms. Indian gold demand fell 6% in the June quarter while spending rose 50%, with prices up 59% year-on-year and import duty at 15%.
India launches Semicon 2.0 with Rs 1.27 lakh crore to become global semiconductor hub
India has approved Semicon 2.0 with an outlay of over Rs 1.27 lakh crore to build an integrated semiconductor and AI ecosystem. The plan backs 12 chip projects worth over Rs 1.64 lakh crore, targeting 70-75% domestic demand coverage by 2029 as the global AI-driven semiconductor supercycle accelerates.
Logistics Minsheng steps up tanker push with $500m VLCC order at Jiangsu New Hantong
Minsheng Financial Leasing has ordered four 319,000 dwt VLCCs at Jiangsu New Hantong in a deal worth about $500m, tied to Clearlake Shipping. The Chinese lessor also expanded its Shell-backed MR tanker programme to 11 vessels and is building four LNG carriers for Shell Singapore.
Stocks to Buy August 14, 2026: Amara Raja, Indian Bank, Kfin Picks
Hitesh Rathi, Technical Analyst at Angel One, has recommended Amara Raja Energy & Mobility, Indian Bank, and Kfin Technologies for purchase on August 14, 2026. The picks include specific buy price bands, stop-loss levels, and price targets based on Renko and Point and Figure chart patterns.
Bank of America to Invest Rs 18,268 Crore for 49.9% Jio Credit Stake
Bank of America will acquire an initial 26.5% stake in Jio Credit, potentially rising to 49.9% through a Rs 18,268 crore ($1.9 billion) investment. The deal values Jio Credit at Rs 36,600 crore post-investment and will give the NBFC access to BofA's financial services expertise. Jio Credit reported AUM of Rs 30,667 crore as of June 30, 2026.
Parliament panel questions rising oil and gas capex as India's crude output set to fall
A parliamentary committee has questioned why rising capital expenditure in India's oil and gas sector is not translating into higher production. Domestic crude output is projected to fall to 28.7 MMT in 2024-25 from 34.2 MMT in 2018-19 despite PSU capex rising from Rs 1.3 lakh crore to Rs 1.7 lakh crore.
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 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.
Commodities Offshore project sanctioning nearly doubles as operators ramp up spending
Global offshore oil and gas field development investment is set to reach $137bn in 2026, a 30% year-over-year increase, with first-half FIDs up 90% to 38 projects. Westwood reports a more balanced spending cadence and a shift toward floating platform EPC, with Latin America overtaking the Middle East as the largest regional market.
Gold price prediction August 11 2026: Buy dips, not the rally, with $4,500 in view
Business Today's August 11 gold outlook says buying dips is preferable to chasing the rally as spot gold holds at $4,345 after a 7.31% weekly surge. Gold may reach $4,500 in the short term if oil stabilises lower; Strait of Hormuz politics and weak US jobs data are key drivers.
Trump Media Posts $238M Q2 Loss as Crypto Holdings Tumble, CEO Pivots to Social Media
Trump Media & Technology reported a $238 million Q2 net loss as bitcoin and Cronos holdings tumbled, with per-share losses widening from 8 cents to 86 cents. Revenue doubled to $1.7 million, while the company pivots back to social media under new CEO Kevin McGurn, launching Truth API and continuing a nuclear fusion merger.
Top stock picks for August 11: Mazagon Dock, ICICI Lombard, JSW Energy, DLF
Mirae Asset ShareKhan's Somil Mehta has named Mazagon Dock Shipbuilders, ICICI Lombard General Insurance, JSW Energy and DLF as the top stocks to buy on August 11, 2026. Each pick includes a buy range, stop loss and price target based on technical chart patterns such as trendline breakouts, EMA support and momentum crossovers. Targets range from Rs 600 for JSW Energy to Rs 2,684 for Mazagon Dock.
Finance Nvidia secures $500bn from top banks to build AI data centres and factories
Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to raise $500bn (£370bn) for AI infrastructure, marking the first time compute is treated as a separate asset class. The financing will fund data centres and chip factories for Nvidia and its partners. The move comes as major tech companies have collectively spent over $1tn on AI projects in three years.
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 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 IFC to invest ₹225 crore in NDR Smart Spaces in equities
The International Finance Corporation announced a ₹225 crore (~$23 million) equity investment in NDR Smart Spaces to build ~20 million sq ft of Grade A warehousing across 14 Indian cities. The project includes 1.5 million sq ft of cold storage and is expected to create about 24,000 direct jobs.
Foreign Funds Invest Rs 12,921 Crore in Indian Equities in First Week of August
Foreign portfolio investors invested Rs 12,921 crore in Indian equities in the first week of August, according to Business Today, driven by improving macroeconomic conditions, expected US rate cuts, lower crude prices and a stable rupee. Despite the buying, FPIs remain net sellers in 2026, with total outflows of Rs 2.4 lakh crore.
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.
Logistics Brookfield Takes Indirect Control of 19.86% Torm Stake After Oaktree Buyout
Brookfield Corporation has taken indirect control of a 19.86% stake in Torm after completing its acquisition of the remaining 26% of Oaktree. The change occurs above Oaktree-linked vehicle OCM Njord Holdings, with its direct stake unchanged. Torm continues expanding, with the fleet set to reach 103 ships and a reported MR newbuilding order at Zhoushan Changhong unconfirmed.
Logistics Castor Maritime Shifts Kamsarmax into Fearnley-Backed JV, Banks $18.75m
Castor Maritime has delivered its 2015-built kamsarmax Magic Starlight into a joint venture arranged by Fearnley Securities, taking $18.75m in cash and keeping a 30% stake. The deal closed this month with an $11.5m sustainability-linked loan. Castor expects a $2.9m Q3 net gain and now operates a fleet of 11 vessels.
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 Berkshire Hathaway Q2 Profit Rises 16% to $12.98B as Buybacks Accelerate
Berkshire Hathaway reported second-quarter operating profit of $12.98 billion, up 16% year-on-year, with revenue rising 10% to $101.81 billion. The company accelerated buybacks to $7.8 billion combined in Q2 and July, while its cash pile fell to $364.7 billion. Geico's underwriting profit dropped 45%, offset by gains at BNSF Railway and Berkshire Hathaway Energy.
Technology Is Football AI-Proof? Inside Tech Investors' $4.2bn World Cup Plan
FIFA scrapped a plan to sell a minority World Cup stake after fierce opposition, but the episode revealed why tech investors see sport as AI-proof. Thrive Eternal, a spin-off of Thrive Capital, sought a minority stake via a $4.2bn holding-company investment. The BBC reports the deal's structure and the wider sports portfolio.
Finance ASK Property Fund Invests ₹500 Crore in Bhoomika Group NCR Real Estate Projects
Blackstone-backed ASK Property Fund has signed a platform arrangement to invest ₹500 crore in Bhoomika Group real estate projects across NCR micro markets. The first tranche of ₹125 crore will fund a 20-acre plotted development in Faridabad, backed by major infrastructure upgrades. ASK PIA has raised ₹10,000 crore since 2009.
Logistics HMM to spend $135M expanding Washington United Terminals at Port of Tacoma
HMM has contracted HD Hyundai Samho to supply four cranes for Washington United Terminals at the Port of Tacoma, replacing two aging quay cranes and adding two new yard cranes. The $135 million expansion will raise annual capacity from 590,000 to 880,000 TEUs, with cranes due in 2028 and full completion expected in 2030.
India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, fishermen
India has amended its FDI regulations to facilitate large-scale e-commerce trade in handlooms, handicrafts, textiles, footwear and food products, according to Union Minister Piyush Goyal. The announcement followed the BRICS Trade and Industry Ministers' Meeting in Jaipur. Goyal said the move will benefit farmers, fishermen, small businesses and traditional sectors, and confirmed India does not support a common BRICS currency.
Mitti Labs raises $9.5 mn to build resilience in Asia’s rice fields
Read the full story for in-depth analysis.
Manufacturing Parag Milk Foods to invest ₹105 crore to double Go Cheese manufacturing capacity by FY28
Parag Milk Foods Ltd. approved a ₹105 crore capital expenditure to double its Go Cheese manufacturing capacity from 60 to 120 metric tonnes per day by FY28. The expansion, funded through internal accruals and debt, aims to meet rising demand for cheese and whey protein products. IMARC Group forecasts India's cheese market will grow from ₹129 billion in 2025 to ₹620 billion by 2034.
Gold price prediction: Buy on dips the right strategy for gold right now? Check August 7, 2026 outlook
According to Business Today, MCX Gold October futures remain technically bullish, with Jateen Trivedi of LKP Securities recommending a buy-on-dips strategy. The analyst set a buy level of Rs 1,49,250, a stop-loss below Rs 1,47,900, and targets of Rs 1,50,200 and Rs 1,50,700 for the intraday session.
Commodities Chevron and Williams Bet Big on Data Centers as AI Fuels Gas Demand
WIRED reports that Williams and Chevron are expanding natural gas infrastructure for data centers as AI demand grows. BloombergNEF says US gas production must rise 36% by the mid-2030s. The plants could emit up to 21 million tons of greenhouse gases annually, according to permit applications.
Commodities Shell Greenlights Malikai Phase 3 in Malaysia to Lift Oil Output 60%
Shell's Sabah Shell Petroleum Company has taken a final investment decision on Phase 3 of the Malikai deepwater field offshore Malaysia, according to Splash247. The project will drill four wells, raising output by 60% to roughly 40,000 barrels per day, with first production expected in Q3 2028. The FID supports Shell's aim of sustaining around 1.4 million barrels per day of liquids production towards 2030.
August 6 Gold, Silver Price Outlook: MCX Gold Targets 152,000, Silver 238,000
MCX gold and silver show a bullish bias, with gold targeting 152,000 and silver 238,000, according to a Business Today report. Abhilash Koikkara of Nuvama Professional Clients Group sets key supports at 142,500 for gold and 220,000 for silver. The technical outlook remains positive until those supports break.
Commodities Nigeria Targets Up To $50bn In New Upstream Oil And Gas Investment
Nigeria is targeting between $30bn and $50bn in new upstream oil and gas investment over the next five years, with 22 major offshore projects expected to move forward between 2026 and 2030. The Nigerian Upstream Petroleum Regulatory Commission has approved more than $57bn in field development plans since 2024, according to Splash247.