Corn Jumps as USDA Cuts Yield More Than Expected Amid Heat Waves
Wednesday, August 12,2026,22:00
Corn futures soared by the most since June after the US Department of Agriculture delivered a bigger-than-anticipated reduction in yield as hot weather impacts America’s top crop. .. read more..
The word India’s ‘cockroach’ protests missed can be found in China
Wednesday, August 12,2026,21:30
At Jantar Mantar, New Delhi’s designated protest site, India’s future spent weeks enduring the heat and demanding change. But what kind of change, and why? These were young people, many of them highly educated but still without a job despite sitting numerous government recruitment exams. Their anger was not because they had been cheated. It stemmed from worse: their qualifications had simply stopped meaning anything. China has a word for this dilemma. India does not, and that missing word... .. read more..
US Sells 10-Year Debt at Highest Yields Since Financial Crisis
Wednesday, August 12,2026,20:22
A $42 billion auction of 10-year US Treasuries resulted in the highest yield for the benchmark securities since 2007, luring decent appetite from investors who’ve been demanding more compensation to finance the US government. .. read more..
Ride-hailing aggregators told to remove tipping prompts
Wednesday, August 12,2026,20:17
The road transport ministry has mandated that motor vehicle aggregators eliminate any tipping prompts that appear before or during trips. This decision is based on the need for adherence to the Motor Vehicle Aggregator Guidelines, 2025, especially after instances of deceptive tipping practices were noted. Tips should only be suggested post-trip to ensure all funds go directly to drivers without any reductions. .. read more..
US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimism
Wednesday, August 12,2026,20:08
US stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectations that the Federal Reserve will hold interest rates steady. CoreWeave and other AI firms reported upbeat quarterly results, boosting their stock prices. Data center operators and chipmakers also saw gains following positive company forecasts. Traders now anticipate a 62% chance of the Fed maintaining current interest rates next month. .. read more..
MSME rules next month, focus on global value chains
Wednesday, August 12,2026,20:06
The MSME ministry is set to announce new regulations for small businesses next month. These amendments focus on improving invoice financing through the Trade Receivables Discounting System, ultimately aiming to bolster cost efficiency and global competitiveness. As Parliament has recently addressed issues of delayed payments, digital platforms will play a crucial role in overseeing the effective implementation of this law. .. read more..
Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra...
Wednesday, August 12,2026,20:01
Finance Minister Nirmala Sitharaman emphasized the challenges faced by BRICS nations in mobilizing private capital. She urged multilateral institutions to draw investors into infrastructure projects, as India needs ample private investments alongside its public capital. A substantial pipeline of infrastructure projects is being cultivated through public-private partnerships, allowing the group to target resilient and sustainable growth through meaningful cooperation outcomes. .. read more..
US Treasuries hold gains as softer inflation weakens rate-hike fears
Wednesday, August 12,2026,19:55
US Treasuries maintained gains as consumer prices rose moderately in July. The government's ten-year note auction cleared at a high yield reflecting investor concerns. Inflation data weakened the case for a Federal Reserve rate hike next month. .. read more..
Oil prices edge up as investors weigh US-Iran talks deadlock against lower de...
Wednesday, August 12,2026,19:09
GLOBAL-OIL:Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand .. read more..
Gold rises to over two-month peak as US inflation data dampens rate hike bets
Wednesday, August 12,2026,18:52
GLOBAL-PRECIOUS:Gold rises to over two-month peak as US inflation data dampens rate hike bets .. read more..
US Fed expected to leave rates unchanged next month after soft inflation data
Wednesday, August 12,2026,18:51
Inflation has eased for the second consecutive month, reducing the urgency for the Federal Reserve to increase interest rates imminently. Nevertheless, persistent inflation indicators suggest current policies may still not be stringent enough. While traders lean towards maintaining rates at September's meeting, a potential hike is still on the table. .. read more..
Canadian 10-year yield pulls back from 2-year high after tame U.S. inflation ...
Wednesday, August 12,2026,18:49
CANADA-FOREX/:CANADA FX DEBT-Canadian 10-year yield pulls back from 2-year high after tame U.S. inflation data .. read more..
Yen Trades Near 160 Level, Keeping Traders on Intervention Watch
Wednesday, August 12,2026,18:36
The yen held steady near the key level of 160 per dollar on Wednesday, keeping investors on the lookout for more intervention by officials in the foreign-exchange market. .. read more..
Yen Trades Near 160 Level as Traders Watch for Intervention
Wednesday, August 12,2026,18:36
The yen held steady near the key level of 160 per dollar on Wednesday, keeping investors on the lookout for more intervention by officials in the foreign-exchange market. .. read more..
US stocks: Londian Wason valued at $2 billion, biggest Chinese debut in New Y...
Wednesday, August 12,2026,18:12
Copper foil producer Londian Wason has officially launched on the NYSE, reaching a remarkable valuation of more than two billion dollars. The firm raised ninety-four million dollars through an expanded offering ahead of its stock market debut. This is particularly noteworthy, as it represents the biggest Chinese IPO in the U.S. in over a year. .. read more..
Goldman Sachs ups ETF push, set to acquire Neos Investments for up to $2.25 b...
Wednesday, August 12,2026,18:01
Goldman Sachs is set to acquire Neos Investments for nearly $2.25 billion. Neos manages approximately $30 billion across nineteen exchange-traded funds. The acquisition will boost Goldman's active ETF assets to $80 billion. .. read more..
Cisco stock rises ahead of Q4 earnings as investors focus on AI networking de...
Wednesday, August 12,2026,17:53
Cisco’s Q4 results will offer investors a fresh indication of whether Cisco's AI infrastructure opportunity and networking refresh cycle can continue driving growth and support the stock's recent rally .. read more..
India, Southern African customs bloc revive trade pact talks
Wednesday, August 12,2026,17:48
The move revives talks between India and SACU, comprising South Africa, Botswana, Namibia, Lesotho and Eswatini, after five rounds of negotiations between 2002 and 2010 ended without a deal .. read more..
India's Godrej Consumer logs worst day in 6 years as sudden CEO exit heighten...
Wednesday, August 12,2026,17:36
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Further lab test results awaited, says Aviation Ministry after reports of fli...
Wednesday, August 12,2026,17:35
Both pilots have been removed from flying duties pending an inquiry into an incident where an Air India flight dropped mid-air, leaving 24 persons injured before it stabilised .. read more..
SBI uses AI to underwrite nearly ₹1 lakh crore in MSME loans in FY26
Wednesday, August 12,2026,17:29
"In FY26, in 12 months, we can underwrite loans up to ₹5 crore, both covering the new-to-bank customers, as well as existing customers. Almost ₹1 lakh crore we were able to underwrite," says SBI Managing Director .. read more..
BofA to acquire up to 49.9% stake in Jio Credit for ₹18,268 crore
Wednesday, August 12,2026,17:17
Bank of America will acquire up to 49.9% of Jio Financial Services' Jio Credit Limited for up to ₹18,268 crore. The investment includes a 26.5% initial equity stake, subject to regulatory approvals, and aims to enhance BofA's participation in India's growing market. .. read more..
Petronet LNG’s revenues slip more than 50% as West Asia tensions marred supplies
Wednesday, August 12,2026,17:15
Net profit although surged 33.2% in the June-end quarter. .. read more..
Repco Home Finance loan book grows 8.9% in Q1; net profit rises to ₹114 crore
Wednesday, August 12,2026,17:12
GNPA ratio improves to 2.7% from 3.3% a year ago, while net interest income rises 10.2% in the June quarter .. read more..
India, S African customs union ink terms to launch trade talks
Wednesday, August 12,2026,17:03
India and the Southern African Customs Union have commenced discussions by signing Terms of Reference for a trade agreement. Expected to finalize within a few months, this preferential trade pact is designed to enhance bilateral trade significantly. India plays a pivotal role as a key supplier to SACU nations across a range of industrial sectors, promising to cultivate stronger economic ties throughout Africa. .. read more..
Tata Sons chairman N. Chandrasekaran to step down in February 2027
Wednesday, August 12,2026,16:54
Mr. Chandrasekaran cites lack of unanimous support within Tata Sons board for term extension; dissenting member was Tata Trusts chairman Noel Tata; five-member panel to select successor; Tata stocks plunge on news .. read more..
Gokaldas Exports Q1 net up 7%, African biz outperform domestic operations
Wednesday, August 12,2026,16:31
`Better order execution in India and higher volume in Africa led to a strong income growth in the quarter’ .. read more..
Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion
Wednesday, August 12,2026,16:30
Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth also accelerated to its fastest pace since June 2024. This surge was driven by corporate demand and MSME lending programs. India garnered nearly $41 billion in total inflows by July 31. .. read more..
Pilani Investment to sell UltraTech shares worth ₹1,952 crore
Wednesday, August 12,2026,16:30
Offer at 3% discount to Wednesday’s close; cement major commits ₹10,255 crore for capacity expansion .. read more..
Nebius shares soar 22% as AI demand powers revenue beat
Wednesday, August 12,2026,16:30
Nebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contracts and higher prices. Core AI cloud revenue increased sixfold, while major customer deals and capacity commitments highlighted strong future growth. .. read more..
RBI proposes new interest rate rules for regulated entities, seeks public com...
Wednesday, August 12,2026,16:30
The Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal benchmarks and loan pricing components for banks. Floating rate loans will have benchmark resets not exceeding three months. Existing loans must migrate to the new framework by April 2029. These draft guidelines are open for public comment until September 11. .. read more..
Govt mulls MDR charge or ‘tiered incentives’ to make UPI financially self-sus...
Wednesday, August 12,2026,16:13
The Parliamentary Standing Committee on Finance remain deeply concerned by the staggering mismatch between the ₹2,000 crore allocation and the industry’s estimated operational cost of ₹20,700 crore .. read more..
IRCTC Q1 Results: Revenue rises 18%, profit remains largely flat at ₹330 crore
Wednesday, August 12,2026,16:13
IRCTC reported a net profit of 330.16 crore for the June quarter, slightly down from 330.71 crore a year ago. Revenue rose 18.1% to 1,369.53 crore YoY but fell 6.2% sequentially. Tourism revenue declined sharply, while catering showed strong growth. .. read more..
Germany would be interested in buying green hydrogen from India, says Chargé ...
Wednesday, August 12,2026,16:11
Georg Enzweiler, Chargé D’ Affaires of the German Mission in India explained the EU FTA would improve prospects for German companies to invest in indegenising technologies. .. read more..
Indel Money to raise up to Rs 500 crore via public issue of NCDs
Wednesday, August 12,2026,16:09
Indel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and close on August 31, with an option for early closure. Proceeds will fund onward lending, refinancing existing debt, and general corporate purposes. .. read more..
Q1 Results Today Highlights: Tata Motors, HAL, Grasim Industries, Eureka Forb...
Wednesday, August 12,2026,16:07
Q1 Results Today, 12th August 2026 Highlights: Follow Q1FY27 updates from businessline .. read more..
Ahead of Market: 10 things that will decide stock market action on Thursday
Wednesday, August 12,2026,16:00
Indian markets extended losses as Tata Group stocks tumbled following N Chandrasekaran’s Tata Sons exit, while crude nearing $90 heightened inflation concerns. Sensex fell 188 points and Nifty declined 36 points, with PSU banks and metals outperforming broader market weakness. .. read more..
Govt mulls MDR charge or “tiered incentives” to make UPI financially self-sus...
Wednesday, August 12,2026,16:00
The Parliamentary Standing Committee on Finance remain deeply concerned by the staggering mismatch between the Rs 2,000 crore allocation and the industry’s estimated operational cost of Rs 20,700 crore. .. read more..
US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildout
Wednesday, August 12,2026,15:56
CoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave has updated its expectations for annual revenue and operating profit, signaling strong market confidence. Similarly, Super Micro's projections for 2027 revenue exceed Wall Street estimates, reflecting robust investment in AI servers and computing capabilities. .. read more..
UPDATE 1-BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit
Wednesday, August 12,2026,15:55
Bank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving a preferential allotment of equity shares and warrants, could see its stake grow to 49.9 percent. The investment signifies Bank of America's commitment to strengthening its foothold in India's financial landscape, utilizing local knowledge for enhanced market development. .. read more..
BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit
Wednesday, August 12,2026,15:55
Bank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving a preferential allotment of equity shares and warrants, could see its stake grow to 49.9 percent. The investment signifies Bank of America's commitment to strengthening its foothold in India's financial landscape, utilizing local knowledge for enhanced market development. .. read more..
‘Successor… not Warren’: Michael Burry says ‘Berkshire is no longer attractiv...
Wednesday, August 12,2026,15:50
Berkshire Hathaway, once a market leader, has struggled since Warren Buffett's departure. New CEO Greg Abel is starting to utilise the company's $400 billion cash pile, but scepticism remains .. read more..
Indel Money planning to raise up to ₹500 cr via public issue of NCDs
Wednesday, August 12,2026,15:47
The minimum application size is ₹10,000 across all Series of NCDs and in multiples of ₹1,000 thereafter .. read more..
Apollo Hospitals Q1 Results: Net profit jumps 38% YoY to Rs 610 crore; revenu...
Wednesday, August 12,2026,15:43
Apollo Hospitals reported a 38.4% year-on-year rise in Q1FY27 net profit to ₹610 crore, while revenue grew 20.6% to ₹7,044 crore. EBITDA increased 28.2%, supported by higher healthcare volumes, complex procedures, capacity expansion and strong international patient growth. .. read more..
Chandra’s exit announcement wipes off ₹45,000 crore market cap from Tata stoc...
Wednesday, August 12,2026,15:19
Tata Consultancy Services, the group’s largest listed entity with a market cap of ₹8.50 lakh crore, bore the sharpest absolute brunt, closing down 3.93 per cent at ₹2,349.70 .. read more..
From Trent to Titan: Over 15 Tata Group stocks more than doubled investors' w...
Wednesday, August 12,2026,15:08
Under N Chandrasekaran, Tata Group stocks significantly increased in value, with many achieving over 1,000% gains. Chandrasekaran has announced that he will not seek reappointment as chairman when his term ends in February 2027, marking the end of a notable 40-year tenure. .. read more..
Inflation likely to rise from here as food prices remain key risk: Experts
Wednesday, August 12,2026,14:58
Retail inflation in India is projected to increase in upcoming months. Food prices are the primary driver, though inflation should stay below six percent. Analysts anticipate the Reserve Bank of India will maintain its current policy stance. Supply-side factors like tomato and onion costs are influencing current price increases. Geopolitical easing could lead to inflation undershooting official projections. .. read more..
Shein's slowing growth tests investor appetite ahead of Hong Kong IPO
Wednesday, August 12,2026,14:46
Shein’s upcoming IPO faces skepticism from investors due to a notable decline in growth rates. The fast-fashion giant is grappling with rising costs and evolving market dynamics that challenge its established business model. Concerns are mounting regarding whether Shein can replicate its previous growth trajectory that initially drew investor interest. .. read more..
IndiQube Spaces Q1 revenue jumps 37% to record Rs 428 crore
Wednesday, August 12,2026,14:42
IndiQube Spaces reported record Q1FY27 revenue of ₹428 crore, up 37% year-on-year. EBITDA rose 34%, while PAT surged 91% to ₹35 crore. Area under management and seat capacity expanded, alongside stronger occupancy and rapidly growing value-added services. .. read more..
Air India captain's confirmatory drug test positive for marijuana, say TV cha...
Wednesday, August 12,2026,14:39
Earlier in the day, India's Ministry of Civil Aviation summoned Air India CEO Campbell Wilson over the incident, which involved an Airbus A320neo aircraft .. read more..