LATEST WORLD NEWS

Zepto to delay IPO by 2-3 qtrs, CEO tells staff

noreply@blogger.com (Unknown) — Sat, 01 Aug 2026 00:47:33 +0000

Zepto will delay its public listing by two to three quarters. The quick commerce startup faced tepid investor response on its valuation. Domestic investors offered valuations significantly lower than its last funding round. The company now seeks Rs 1,000 crore in pre-IPO funding. Zepto aims for a lower valuation of around $4-4.5 billion for this investment.

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Sebi bars Zee’s Chandra, Goenka from market for 1 year

noreply@blogger.com (Unknown) — Sat, 01 Aug 2026 00:47:32 +0000

Sebi has banned Zee group's Subhash Chandra and Punit Goenka for one year. They fraudulently pledged Zee Entertainment Enterprises land parcels as security for personal loans. Chandra and Goenka misused their positions, risking the company's assets for personal gain. The regulator also imposed fines on Chandra, Goenka, and the company for these fraudulent acts. This action was taken after a thorough investigation into the 2018 transactions.

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Gold loans jump 94% y-o-y, fuel bank credit growth in Q1

noreply@blogger.com (Unknown) — Sat, 01 Aug 2026 00:47:32 +0000

Gold loans fueled a significant acceleration in bank credit during Q1FY27. This segment expanded by 93.8% year on year, adding substantial value. Overall bank credit also saw robust growth, crossing a significant milestone. Credit to industry recorded its highest first-quarter expansion in recent years. Vehicle loans and medium enterprises also showed strong performance.

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Moody’s assigns Baa2 rating to RBL Bank, 1st for lender

noreply@blogger.com (Unknown) — Sat, 01 Aug 2026 00:47:31 +0000

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Tata Steel ends 25-year joint-venture with German company Martrade

noreply@blogger.com (Unknown) — Fri, 31 Jul 2026 01:47:42 +0000

Tata Steel is acquiring Martrade's stake in their joint shipping venture for Rs 335 crore. This move ends a twenty-five-year partnership with the German logistics group. The company also committed Rs 33,873 crore for capacity expansion at Neelachal Ispat Nigam. This expansion will bolster its long products portfolio and branded retail offerings. Tata Steel reported a 19% net profit rise and 15% revenue increase in Q1 FY27.

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Flipkart, Amazon mount fee war as race heats up

noreply@blogger.com (Unknown) — Fri, 31 Jul 2026 00:47:36 +0000

Amazon and Flipkart are reducing seller fees to attract more businesses. This strategy aims to boost sales volumes in smaller Indian cities and towns. Lower costs for sellers translate into more affordable products for consumers. The e-commerce giants are focusing on onboarding local sellers from tier two cities. This move is crucial for their continued growth and market expansion.

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AI labs proving why IT companies still matter: Infosys CEO Salil Parekh

noreply@blogger.com (Unknown) — Fri, 31 Jul 2026 00:47:35 +0000

Salil Parekh led Infosys to double revenue and secure significant large deals. He focused on disciplined execution and a stable company culture. Infosys sees AI services as a substantial long-term growth opportunity. The company's strong client relationships provide a natural advantage. Internal leaders were chosen for the next CEO role due to their extensive experience.

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Formal retail credit access doubles over past decade

noreply@blogger.com (Unknown) — Fri, 31 Jul 2026 00:47:35 +0000

Formal retail credit penetration in India more than doubled over the past decade. Consumption-led lending, including personal loans, drove this significant growth. Credit access expanded to younger borrowers and women across India. Northern and central states saw increased credit activity, while western and southern regions moderated. This shift reflects credit being used for lifestyle rather than asset acquisition.

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Companies boost health cover with top-ups for cancer

noreply@blogger.com (Unknown) — Thu, 30 Jul 2026 02:47:46 +0000

Companies are enhancing employee health benefits beyond standard medical insurance. AstraZeneca Pharma India leads by introducing a group cancer care policy. This new coverage supplements existing plans and addresses high treatment costs. Many employers are also investing more in outpatient and wellness programs. This trend reflects a growing focus on comprehensive employee well-being.

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Need to reinvent ways to deal with global challenges: Finance ministry

noreply@blogger.com (Unknown) — Thu, 30 Jul 2026 01:47:06 +0000

India's economy shows resilience despite global challenges and uncertainties. Swift policy responses and implementation are crucial for attracting investment. Rising crude oil prices pose a potential pressure on fiscal and current accounts. The external sector remains resilient due to strong exports and remittances. Adverse weather conditions present a risk to farm output and rural demand.

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

noreply@blogger.com (Unknown) — Wed, 29 Jul 2026 19:47:29 +0000

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchanged.

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As inflation bites, HUL to take more price hikes

noreply@blogger.com (Unknown) — Wed, 29 Jul 2026 03:47:23 +0000

Hindustan Unilever anticipates further price increases in coming months due to volatile commodity costs. The company projects inflation to remain between two and five percent for the September quarter. Demand for household staples remained stable, driving growth to a thirteen-quarter high. HUL's revenue from operations increased by ten percent in the first quarter. The company will continue to pursue volume-led revenue growth across its diverse product portfolio.

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Industrial output grows 7.3% in June, fastest in 22 months

noreply@blogger.com (Unknown) — Wed, 29 Jul 2026 02:47:20 +0000

Industrial production surged 7.3% in June, a 22-month high, driven by manufacturing and electricity growth. This strong performance occurred despite global uncertainties and an erratic monsoon season. The first quarter saw industrial output grow 5.8% compared to the previous year. Several manufacturing sectors, including electrical equipment and motor vehicles, showed robust expansion. However, risks from high input prices and slowing global growth may moderate future output.

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For ease of liquidity & business, government to amend MSME Act

noreply@blogger.com (Unknown) — Wed, 29 Jul 2026 00:47:48 +0000

New amendments to the MSME Development Act will ensure faster payments for small businesses. Mandatory digital invoicing and stronger protections against delayed payments are proposed. The government aims to improve liquidity for these vital enterprises. Dispute resolution will be accelerated through new facilitation councils. A free national digital registration platform will also be introduced.

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'Extra payout' to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

noreply@blogger.com (Unknown) — Tue, 28 Jul 2026 00:47:21 +0000

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found business overreach but no personal gain or mala fide intent. Top executives received nominal penalties and warning letters following the review's recommendations. This action comes as the RBI pushes boards for greater oversight and before the CEO's term ends. The bank will formally communicate the matter and its findings to the Reserve Bank of India.

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Tata Sons' AGM may face hurdle over quorum clause

noreply@blogger.com (Unknown) — Mon, 27 Jul 2026 00:47:12 +0000

Tata Sons' upcoming annual general meeting faces a quorum challenge. This issue could affect the reappointment of chairman N Chandrasekaran. A charity commissioner's order prevents a key trust from nominating a representative. Without this nominee, the meeting's quorum requirement cannot be met. This situation may delay crucial business and Chandrasekaran's directorship.

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July FPI inflows touch Rs 42,000 crore, top February record

noreply@blogger.com (Unknown) — Sun, 26 Jul 2026 23:47:20 +0000

Foreign portfolio investors became net buyers of Indian equities in July. This marked a reversal after four months of significant outflows from the market. Total foreign inflows reached their strongest point this year, surpassing February's figures. Equity segment saw intense selling pressure earlier, with substantial outflows recorded. Debt markets remained resilient, attracting significant inflows throughout the year.

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IPO rush ahead: Zepto, Shiprocket and 12 more firms to hit primary market; eye Rs 25,000 crore-plus fundraising

noreply@blogger.com (Unknown) — Sun, 26 Jul 2026 12:47:19 +0000

India's IPO market is preparing for a busy month with many companies planning public offerings. Over a dozen firms are expected to launch initial public offerings, raising over Rs 25,000 crore. These upcoming issues span diverse sectors like quick commerce, housing finance, and education infrastructure. This activity follows sustained momentum in the primary market throughout the current year. Market participants anticipate robust fundraising as companies leverage improving investor sentiment.

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Stock market outlook: Fed policy, crude oil prices and Q1 earnings to drive trade

noreply@blogger.com (Unknown) — Sun, 26 Jul 2026 10:47:18 +0000

Markets anticipate another volatile week as investors track Middle East developments and oil prices. The US Federal Reserve's policy meeting outcome will also significantly influence investor sentiment. Domestic economic signals will emerge from the release of June Industrial Production data. A busy earnings season featuring heavyweight companies is expected to drive stock-specific movements. Investors will closely scrutinize the Federal Reserve's assessment of inflation and growth.

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Tariffs on trial: Small businesses take Trump's latest trade levies back to court

noreply@blogger.com (Unknown) — Sun, 26 Jul 2026 03:47:41 +0000

Two groups of small businesses are challenging Donald Trump's latest tariffs in court. These new levies target goods from sixty trading partners and cover nearly all US imports. Businesses argue the administration failed to justify these measures against individual economies. They contend the tariffs replace previous worldwide duties struck down by the Supreme Court. Legal experts believe these new tariffs will likely remain in place for an extended period.

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Forex schemes: BoB, BoI target over $6bn mop-up

noreply@blogger.com (Unknown) — Sat, 25 Jul 2026 03:47:22 +0000

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Setback for Trump: US appeals court refuses to revive $100,000 H-1B visa fee

noreply@blogger.com (Unknown) — Sat, 25 Jul 2026 00:47:15 +0000

A federal appeals court refused to lift a ruling blocking a $100,000 H-1B visa fee. The court left in place a decision finding the fee unlawful while the government challenges it. Democratic attorneys general argued the administration created a new tax without congressional approval. A district judge agreed, ruling the fee exceeded executive branch authority. The appellate panel said the government had not shown it was likely to prevail.

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Trump slaps 10% tariff on India, no major impact seen

noreply@blogger.com (Unknown) — Fri, 24 Jul 2026 23:47:23 +0000

'Not credible', P 19

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Flipkart to enter food delivery space in a month

noreply@blogger.com (Unknown) — Fri, 24 Jul 2026 02:47:21 +0000

Set To Take On Zomato, Swiggy | Pilot Likely In B'luru | Separate App, ONDC Launch Planned

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Iran war pushes Brent to $100, oil companies fear hit to their finances

noreply@blogger.com (Unknown) — Fri, 24 Jul 2026 01:47:17 +0000

Houthi Rebels' Attacks Add To Shipping Woes

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