STATE BANK OF INDIA Q4 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 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.
Bihar Dy CMs hail India's Hockey Asia Cup 2025 victory, calls it a proud moment for state
India won the Hockey Asia Cup Rajgir Bihar 2025 final. They defeated defending champions Korea 4-1. The victory sparked celebrations in Bihar. Deputy Chief Ministers lauded the team. India qualified for the FIH Hockey World Cup 2026. Hockey India announced cash rewards for players and support staff. Prime Minister Narendra Modi congratulated the Indian men's hockey team on their victory.
Bank holiday today? Are banks open or closed today on September 8, 2025 in your state?
On September 4, 2025, the Reserve Bank of India (RBI) cancelled a public holiday dated September 5, 2025, under the Negotiable Instruments Act in Maharashtra. As a result, there will be no transactions or settlements in government securities, forex, and money markets on September 8, 2025.
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.
Urban Company IPO risks explained: 12 warnings on operations, regulations and valuation
Urban Company's upcoming IPO, opening September 10, carries inherent risks for investors. The Red Herring Prospectus highlights concerns including sustained losses, intense competition, and high marketing costs. Dependency on gig workers, legal and regulatory challenges, and potential data security breaches also pose threats. Furthermore, reliance on limited service categories and geographic concentration could impact business.
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Will Indian banks meet the SWIFT ISO 20022 implementation deadline?
Indian banks are accelerating efforts to fully implement SWIFT's ISO 20022 messaging standard by the November 2025 deadline, driven by directives from the Ministry of Finance and the RBI. Several major banks, including SBI and ICICI Bank, have already migrated to the new system. Failure to comply with the deadline could result in payment disruptions and penalties.
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.
Will Indian economy ride GST rate cut boost or capex push?
India's tax policy reset, featuring personal tax relief and GST simplification, sparks debate on the nation's growth trajectory. While some anticipate a consumption boost, particularly in discretionary sectors, others argue that investment in infrastructure will remain the primary driver. The government aims to encourage both consumption and private investment, noting a rise in private consumption's share of nominal GDP.
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%.
NTPC shares in focus after Tanda Thermal Power Station Stage-I shutdown
NTPC shares are set to be in focus after the state-run power producer announced the permanent closure of its Tanda Thermal Power Station, Stage I, effective September 1. The facility comprised four units of 110 MW each. The shutdown, approved by the competent authority and communicated to the CEA, aligns with NTPC’s ongoing portfolio optimisation strategy.
India government bonds set to gain on fiscal relief, lower US yields to aid
Indian government bonds are likely to increase. This is due to smaller revenue loss from tax cuts. It has eased concerns about fiscal slippage. Falling US Treasury yields are providing support. The benchmark 10-year bond yield is expected to trade in a specific range. The Goods and Services Tax rates were cut to boost consumption.
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.
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.
Apple wins big! Judge refuses to kill its $20 billion Google search goldmine, stock soars
Apple won a big court boost as a judge allowed its search deal with Google to continue. This deal is very important for Apple because it gives huge money every year. The decision also made Apple stock rise. Google also gained after the ruling. The case is part of a bigger fight over search power.
SBI raises $500 million via overseas bond sale
State Bank of India raised $500 million via bonds at the tightest pricing ever for an Indian entity, capitalizing on India’s recent credit rating upgrade. The issuance, 30 bps tighter than initial guidance, highlights strong global investor appetite.
These 9 banking stocks can give up to 32% returns in 1 year, according to analysts
When it comes to banking sector stocks, learn to deal with two opposite views on the street. Over the next few months, you will hear news of how bank margins have come under pressure. Ignore those headlines, Why? The fact is that, whenever the interest rate cycle turns down, there is a phase when banks see some margin compression. So it is a cyclical phenomenon, and does not change the macro story about why banks should be a part of your portfolio. And the macro story is that banks are the best play when it comes to the growth of the Indian economy.
Treasury chaos: 30-year yield soars past 4.97% as US faces tariff refund threat
Treasury yields moved higher as investors worried about the future of U.S. tariffs after a key court ruling. The 30-year yield crossed 4.97%, its highest in weeks, while global bond markets also saw a sharp rise. The case over Trump tariffs has now created fresh questions for Wall Street, government revenue, and market stability.
SBI PO Prelims Result 2025 Declared at sbi.co.in: What’s next and key points to remember
SBI PO Prelims Result 2025 OUT: State Bank of India announced the Probationary Officer Preliminary Exam 2025 results. The exam occurred on August 2, 4, and 5. Candidates can view results on sbi.co.in. Those who passed will take the Mains in September. It includes objective and descriptive tests. Successful candidates proceed to group exercises and interviews. SBI aims to fill 541 posts through this recruitment drive.
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.
SBI PO prelims result 2025 expected soon at sbi.co.in: Here are steps to download and more
The State Bank of India is set to announce the Probationary Officer Preliminary Exam 2025 results, a crucial step for candidates vying for 541 PO vacancies. Conducted on August 4, 2025, the exam filters candidates for the mains, interviews, and group exercises. Aspirants can check their results and scorecards online, with cut-off marks determining progression.
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.
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.
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.
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