IDFC FIRST BANK LTD Q4 RESULTS

Concurrent Gainers: 10 stocks gain for 5 days in a row

Demon Slayer Infinity Castle tickets are now available in India, but there’s a catch

Advance booking has commenced for Demon Slayer: Infinity Castle on BookMyShow, with screenings limited to select theaters from September 12-14. This first film adapts the final arc, depicting Muzan Kibutsuji's assault and the Demon Slayer Corps' ultimate battle. Available in Japanese and English, it promises breathtaking visuals and emotional depth, featuring new theme songs by Aimer and LiSA.

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.

Festive GST bonanza may cool India’s inflation by up to 90 bps

India's GST Council has reduced tax rates on essential and household goods, effective September 22, coinciding with the festive season. Economists predict a 50-90 basis point moderation in inflation over the next year due to these cuts.

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.

Festive-season boost: Rate-cut transmission to get a push as banking gets Rs 62,000 cr

The banking system is set to receive a liquidity boost of ₹62,000 crore with the first phase of the CRR cut taking effect, injecting funds ahead of the festive season. This move aims to improve monetary transmission and stimulate economic activity, potentially leading to lower deposit and lending rates.

Indian exporters lobby RBI for weaker rupee to offset US tariffs

Indian exporters, facing a 30% loss due to Trump's 50% tariffs on US-bound shipments, are lobbying the RBI for a temporary, weaker rupee rate of 103 per dollar for US earnings. This request aims to offset the tariff's impact, but the RBI is hesitant due to potential risks to currency sentiment and reserves.

Domestic mutual funds now own 10.6% of NSE-Listed companies, highest ever: NSE Pulse Report

Domestic mutual fund ownership in NSE-listed companies hit a record 10.6%, driven by strong SIP inflows and rising retail participation. Active funds hold 8.6%, passive 1.9%. Combined direct and indirect individual ownership now stands at 18.5%. Both active and passive equity AUMs show robust growth, reflecting sustained investor confidence.

Yes Bank shares jump 2% following CCI’s approval for SMBC stake acquisition

Yes Bank's shares experienced a 2% surge following the Competition Commission of India's (CCI) approval for Sumitomo Mitsui Banking Corporation's (SMBC) proposed stake acquisition. SMBC will acquire the stake through a secondary purchase from State Bank of India and seven other Indian banks. The completion of the transaction is still subject to customary closing conditions.

Figr IPO: FIGURE eyes $4.1B valuation with 22% revenue surge — is fintech’s next big breakout here?

FIGURE is making waves as it gears up for its highly anticipated IPO, aiming for a $4.1 billion valuation. The blockchain-backed lender has turned profitable, posting $29 million in net earnings and a 22% revenue jump in the first half of 2025. With 26.3 million shares on offer, FIGURE’s Nasdaq debut under ticker FIGR is set to attract major attention from investors looking for the next big fintech breakout.

Akasa Air appoints ex-IDFC Naarayan T V as Chief Marketing Officer

Akasa Air New CMO: The Indian airline Akasa Air has appointed Naarayan T V as new Chief Marketing Officer, starting August 29. Naarayan is also going to serve as airline's Executive Committee member. He has more than two decades of cross industry experience.

ET Startup Awards 2025 | Urban Company brings it home, bags top honours

The 10-member jury, chaired by Amitabh Kant, India’s former G20 Sherpa, recognised Urban Company’s scale, category leadership and ability to create a trusted brand in one of India’s most unorganised and toughest sectors. Urban Company, founded by Abhiraj Singh Bhal, Varun Khaitan and Raghav Chandra in 2014, joins a list of eminent winners of the top prize, including Lenskart, Zomato, OfBusiness, Razorpay, Delhivery and Swiggy.

What’s driving the surge in foreign investment in Indian bonds?

Overseas investors significantly increased their purchases of Indian bonds for the second straight month in August, driven by attractive yields. Net inflows into the fully accessible route for government securities soared to ₹10,471 crore, fueled by a widening yield gap between Indian and US treasury bonds.

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.

India’s Q1 GDP springs big surprise with five-quarter high growth of 7.8% before US tariff blow

India's GDP showcased a robust growth of 7.8% in the April-June quarter. The National Statistics Office released the data. This figure surpassed economists' projections. Government capital expenditure fueled this expansion. Construction and agriculture sectors performed well. Aviation cargo traffic and GST collections also increased. Global trade risks remain a concern. However, domestic demand is expected to sustain growth.

Indian rupee sinks to record low of 12.33 versus offshore yuan in likely boost to competitiveness

The Indian rupee weakened to a new all-time low against the offshore Chinese yuan on Friday, a move that could boost competitiveness for a segment of exporters in the South Asian nation facing hefty U.S. tariffs.

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.

Property prices rise in 45 of 50 cities in Q1 of FY26: NHB report

NHB data reveals that property prices in 45 out of 50 cities increased in the first quarter of 2025-26, with the 50-city Housing Price Index rising by 5.7%. Bengaluru saw the highest appreciation at 9.1%, while Howrah experienced the maximum decline at 6.1%. Home loan interest rates also moderated by 100 basis points in February 2025.

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.

Goldman Sachs expects Brent to decline to low $50s by late 2026

Goldman Sachs predicts a drop in Brent crude prices. The investment bank anticipates prices falling to the low $50s by late 2026. This decline is attributed to a growing oil surplus expected next year. Global oil stocks are projected to rise significantly. OECD countries will hold a substantial portion of these stocks.

Sales of listed private NFCs grow at slower pace of 5.5 pc in Q1 FY26: RBI

Reserve Bank of India reports a slowdown in sales growth. Listed private non-financial companies witnessed a 5.5 percent increase in Q1 2025-26. This is a dip from the previous year's 6.9 percent. Manufacturing and IT sectors also experienced moderated growth. Raw material expenses saw a slower increase. Staff costs for various sectors rose, but at a reduced rate.