CANARA BANK Q2 RESULTS
Audi India cuts car prices by up to ₹7.8 lakh following GST 2.0 reforms; check changes for each model here
Audi India has reduced prices across its models by Rs 2.6–7.8 lakh, passing on GST 2.0 benefits. The Q3 now starts at Rs 43.07 lakh, while the Q8 begins at Rs 1.1 crore. Prices of Q5, Q7, A4, and A6 are also lower. Audi said the move makes its cars more accessible before the festive season.
SpiceJet expects to restart ops of 10 grounded planes by April 2026
SpiceJet, grappling with financial difficulties, aims to revive its operations by restoring 10 grounded aircraft by April 2026, with some expected to be operational by early winter to meet peak demand. The airline reported a net loss of Rs 238 crore in the June quarter, impacted by a significant portion of its fleet being grounded.
SCSS vs Bank FD: Which investment scheme is offering 8.2% interest rate to senior citizens?
With falling FD interest rates, senior citizens are seeking better investment options. The Senior Citizen Savings Scheme (SCSS), a government-backed scheme, offers a higher interest rate of 8.2% compared to many leading bank FDs. SCSS has a five-year term, tax benefits under Section 80C, and a maximum investment limit of Rs 30 lakh, making it an attractive alternative.
SpiceJet shares fall 5% after airline reports Rs 234 crore net loss in Q1FY26
SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year's profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline's net worth improved due to financial restructuring.
Gold on a hot run, central banks and RBI go slow on buys as geopolitics also weighs
Global central banks are showing caution in gold buying. They are navigating geopolitical issues and high prices. The long-term plan to move away from US assets continues. Reserve Bank of India is also watching geopolitical cues. High gold prices are a reason for the slowdown. RBI's gold holdings remain at a record high of 880 tonnes.
Type 5 diabetes: The shocking new threat hitting children and teens – what you must know
The International Diabetes Federation in 2025 officially recognized Type 5 Diabetes as a form of diabetes connected to prolonged childhood malnutrition. Unlike Type 1 or Type 2, it outcomes from impaired pancreatic development caused by long-term nutrient deficiency issues. Most common in low- and middle-income countries, especially in Asia and Africa, it mainly impacts lean teenagers and young adults. Around 20 to 25 millions live with this condition globally.
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Claim $200 free cash now! America’s largest bank doles out money back offer you can’t miss
Chase Bank $200 Bonus Offer: Chase Bank is giving a $200 bonus for new customers who sign up for the Chase Freedom Unlimited Credit Card and spend $500 in three months. The card has no annual fee, cash back rewards, and travel perks. This is a limited-time offer for select customers, so people should act fast to claim it.
Gold price prediction: Gold rate up by 90 per cent, Gold ETFs see record demand. What to expect in September, October?
Gold rate has gone up big time as Gold ETFs have become a more important source of demand for gold this year. Where will gold price hit in September and upcoming months?
Mind Over Money| From badminton court to markets — discipline drives Shridatta Bhandwaldar’s ₹1 lakh crore AUM journey
Shridatta Bhandwaldar, Head of Equities at Canara Robeco AMC, manages over ₹1 lakh crore, drawing parallels between badminton and investing. He emphasizes discipline, focus, and resilience, honed through sports and music, as crucial for navigating volatile markets. Bhandwaldar's philosophy centers on scalable, capital-efficient businesses with quality leadership, viewing investing as a journey of self-discovery.
Hyundai plant in Georgia rocked as 475 workers taken by ICE in huge raid
Homeland Security arrested hundreds of workers in Georgia during a raid at a Hyundai plant. The action is linked to illegal employment investigations. Hyundai said the arrested workers are not directly employed by the company. The case has drawn attention from South Korea, which asked the US to protect the rights of its citizens.
Sebi warns investors against fraudulent communications in its name. 5 ways to bust scam
Sebi has warned investors against scammers impersonating its officials and demanding payments using fake letterheads, seals, and emails. The regulator clarified that genuine orders and payments are only routed through its official website and emails ending with @sebi.gov.in, urging investors to stay vigilant. The market regulator has suggested 5 ways to identify the impersonation bid.
Back-to-back settlement holidays to delay trade processing; what investors need to know
Investors should brace for delayed settlements as September 5 and 8 are declared settlement holidays. Equity trades from September 4–8 will be credited on September 9, with back-end operations halted. Liquidity, arbitrage opportunities, and derivatives activity may face short-term pressure.
SpiceJet Q1 Results: Airline slips into red with Rs 234 crore YoY loss, revenue falls 36%
SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year. Revenue from operations also declined significantly. It fell by 36 percent year-on-year, reaching Rupees 1,060 crore.
Varun Beverages Ltd forms JV with Everest International to make refrigerators
Varun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% stake in the venture, which will focus on manufacturing visi-coolers and other refrigeration equipment. The company has invested ₹21.25 crore, acquiring 2,12,50,000 equity shares in White Peak Refrigeration Pvt Ltd.
Ola Electric shares decline 4% as SoftBank trims stake to 15.68% in 2 months
SoftBank reduced its stake in Ola Electric, joining other investors like Tiger Global and Hyundai in trimming holdings. Despite this, Ola Electric secured PLI scheme certification, potentially easing financial pressures. The company reported lower revenue and increased losses in Q1, attributed to heightened competition and weaker demand, with shares closing down 6.3%.
Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?
AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.
Omnichannel jewellery retailer Bluestone narrows Q1 loss as revenue rises 41%
For the Bengaluru-based company, which announced its first results after listing on the Indian bourses, total expenses during the quarter rose 29% to Rs 538.4 crore, led by a 51% jump in employee benefit costs to Rs 62.9 crore.
Expected price hike to a lack of premium camera features - is Apple's iPhone 17 already facing headwinds?
Apple is getting ready to launch the iPhone 17 series, with the latest iPhone 17 Air making it one of the most major redesigns in years. The device will be about 2mm thin, but this slimmer profile could minimize battery capacity unless offset by software enhancements. Costs are also anticipated to elevate by $50–$100 across models, making the iPhone 17 Air between $949 and $999 as per the analysts.
US stock market: Dow Jones falls, S&P 500, Nasdaq gain. Check top performing stocks
Google parent Alphabet and Apple made big gains as S&P 500, Dow Jones, Nasdaq look ahead to key US jobs data later in the week.
It's raining commissions for mutual fund distributors. See who earned the highest
Mutual fund distributors in India experienced a lucrative FY2025, with commissions surging 40% to ₹21,000 crore. NJ Indiainvest and Prudent Corporate Advisory led the pack, securing ₹2,610 crore and ₹1,060 crore in commissions, respectively. This growth was fueled by a surge in new fund offerings (NFOs), which raised a record ₹89,800 crore.
ETMarkets Smart Talk: Indian bonds to gain global standing after rating upgrade, says Kashyap Javeri
Emkay Investment Managers' Kashyap Javeri believes India's sovereign rating upgrade and inclusion in global bond indices will attract significant foreign portfolio inflows, enhancing its standing among emerging markets. While short-term allocations depend on global factors, sectors with export exposure and companies benefiting from lower capital costs stand to gain. Automobile, CDMO Pharma, and capital goods sectors present exciting investment opportunities.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian markets rebounded on Monday after three sessions of losses, driven by stronger-than-expected 7.8% GDP growth and relief from a U.S. court ruling on Trump’s tariffs. Analysts highlighted optimism in autos and consumer durables but cautioned on GST and borrowing risks.
NCLT admits Canara Bank's insolvency plea against Supreme Infra's Highway SPV
The NCLT has accepted Canara Bank's insolvency petition against Supreme Best Value Kolhapur (Shiroli) Sangli Tollways Pvt Ltd due to a ₹347 crore default. The company, responsible for a road project in Maharashtra, faced delays and disputes with the PWD. The tribunal appointed an interim resolution professional, dismissing the company's arguments about pending arbitration and potential repayments.
Canada Q2 growth shrinks for first time in 2 years as U.S. tariffs bite — is a recession ahead or can household spending bring relief?
Canada economy shrinks in Q2 2025 as U.S. tariffs hit exports harder than expected, pushing GDP down 0.4%. While auto and machinery exports tumbled, Canadians kept spending more on housing, food, and new vehicles, showing the domestic economy is still holding firm.
RBL Bank shares rise 3% after Societe Generale acquires shares worth Rs 79 crore via bulk deal
RBI Bank share price: French lender Societe Generale executed a bulk deal in RBL Bank, purchasing over 31 lakh shares worth Rs 79 crore at an average price of Rs 250.57, while simultaneously offloading 1.29 lakh shares in another trade.
Explained: Nvidia Q2 results beat estimates. So why did the stock fall?
Nvidia earnings report: Nvidia topped Q2 estimates with record $46.7 billion revenue and a 59% profit jump, but shares fell as softer data center sales and cautious guidance sparked doubts about the AI rally’s durability.
Rate cuts by RBI ease corporate debt burden, sectoral gains uneven: BoB Report
The Reserve Bank of India's interest rate cuts have lowered borrowing costs, boosting debt serviceability for companies, though benefits are uneven. A Bank of Baroda report indicates that while overall sales and profit growth have occurred, the crude oil and BFSI sectors significantly influence these trends.
India Inc earnings downgrade drought shows first signs of breaking: Will Q2 mark the bottom?
The earnings decline for Indian companies might be nearing its end. Q1 saw the smallest downgrade cycle in a year. Large companies are showing stability. Oil and Gas sector boosted overall growth. Construction materials and telecom sectors are performing well. Textiles and consumer durables are facing challenges. Rural consumption revival and potential RBI policy changes could aid growth.
US stock market today: S&P 500 nears record high, Dow Jones and Nasdaq jump, all eyes on Nvidia earnings results
Wall Street's key indexes S&P 500, Nasdaq and Dow Jones Industrial Average on Wednesday closed high as investors are waiting for Nvidia earnings results.
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