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Nifty hovers below 24,500 level; private bank shares decline

Mumbai, Aug. 11 -- The key equity benchmarks continued to trade with modest losses in morning trade tracking weak global cues as uncertainty over the prospects of a US-Iran deal weighed on investor se... Read More


Parliament passes Taxation Bill, Nirmala Sitharaman says UPI payments will remain free

Guwahati, Aug. 11 -- Parliament has passed the Taxation and Other Laws (Amendment) Bill, 2026, with Finance Minister Nirmala Sitharaman clarifying that the legislation does not introduce any tax or tr... Read More


Shiprocket raises Rs.727 crore from anchor investors ahead of IPO launch on Wednesday

New Delhi, Aug. 11 -- E-commerce enablement platform Shiprocket has raised Rs.727.41 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on Wedn... Read More


Samsung's AI windfall and cash surge raise special dividend expectations

Seoul, Aug. 11 -- Samsung Electronics' surging AI memory profits and growing cash reserves have raised expectations of its first special dividend in six years, putting the spotlight on how much the te... Read More


Sensex ends 388 points lower, Nifty falls 112 points amid crude oil surge

Mumbai, Aug. 11 -- Indian equity markets closed lower on Tuesday, with the Sensex declining 388.19 points, or 0.49 per cent, to 78,154.25, while the Nifty 50 fell 112.10 points, or 0.46 per cent, to 2... Read More


Foreign firms invest $23 billion in Pakistan over decade, exceeding net FDI: reportPublished on: August 11, 2026 9:52 AM

Pakistan, Aug. 11 -- Foreign companies already operating in Pakistan invested more than $23 billion in the country over the past decade, exceeding cumulative net foreign direct investment of about $21... Read More


Fitch retains India's 'BBB-' rating, sees resilient 6.4% growth despite energy supply constraints

New Delhi, Aug. 11 -- India's economic growth is expected to remain resilient despite near-term headwinds from the energy shock, with public capital expenditure, a recovery in private investment and f... Read More


US federal deficit set to hit $2.1 trillion as spending outpaces tax revenue, CBO says

India, Aug. 11 -- The US federal budget deficit is on track to cross $2 trillion in fiscal year 2026, making it one of the biggest shortfalls ever recorded. The deficit is growing because federal spen... Read More


RBI Cancels Certificate of Registration of Trincas Consultancy Pvt Ltd

India, Aug. 11 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration (CoR) o... Read More


RBI Cancels Certificate of Registration of Triple Rank Consultants Pvt. Ltd.

India, Aug. 11 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration (CoR) o... Read More