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Day: August 4, 2026

Business News

Millions of hard-up retirees in India are sitting on a potential source of monthly income—their homes

FinSiddhiAugust 4, 2026

With a significant chunk of Indian household savings going into homes, many of the elderly are asset rich but income poor. Reverse mortgages can turn home equity into cash flow. While the idea never took off in India, its potential is enormous. Let’s make a go of it.

Business News

GMR Airports to IRB Infra: 10 stocks saw promoters, mutual funds, and FPIs raise stake in Q1 FY27. Check list

FinSiddhiAugust 4, 2026

In the June 2026 quarter, 10 companies saw simultaneous increases in promoter, mutual fund, and foreign portfolio investor holdings, with a median return of 34.8%. Notable performers included Sterlite Technologies and United Foodbrands, while IRB Infrastructure was the only stock to decline.

Business News

Delhi HC closes contempt case against SpiceJet’s Ajay Singh in lessor dispute

FinSiddhiAugust 4, 2026

The high court said substantial compliance has been made in returning leased aircraft assets, while allowing TWC Aviation Capital to pursue execution proceedings for remaining records and parts.

Business News

Mint Quick Edit | America’s ban of foreign robots has drawn a sharp reaction from China: what’s going on?

FinSiddhiAugust 4, 2026

Flickers of a trade battle can be seen in a new trans-Pacific face-off over humanoid robots. America spies a security threat in what China is exporting, though its move to keep Chinese androids out may simply be protectionist. Either way, sparks might fly.

Business News

Nestlé India says long-term growth intact despite demand concerns

FinSiddhiAugust 4, 2026

Management flagged risks from the West Asia crisis and El Niño to near-term consumption, but said the company remains confident of navigating short-term inflationary and macroeconomic headwinds.

Business News

Promoter pledges cross 90% threshold in more companies, may spur funding pressure in some pockets

FinSiddhiAugust 4, 2026

Promoters typically pledge shares as collateral to raise funds, although pledging does not necessarily indicate financial trouble.

Business News

Old Monk Row: What can legally be called ‘rum’ or ‘whisky’ | Explained

FinSiddhiAugust 4, 2026

The primary distinction between rum and whisky lies in their base ingredients and permissible colouring agents, according to the food regulator.

Business News

Housing demand remains strong, creating market share opportunity, says Pirojsha Godrej

FinSiddhiAugust 4, 2026

India’s top residential developer reports 22% growth in sales bookings despite a profit decline caused by lower revenue recognition, as demand for branded housing remains resilient.

Business News

The Tata Group’s RTEF transactions have made stakeholders sit up: its brand equity may be at stake

FinSiddhiAugust 4, 2026

The group’s goals may be noble but revelations of transfers to a charity evoke dissonance over the rights of minority shareholders. This conglomerate must do its utmost to fortify its core brand value—one that can be traced back to the days of Jamsetji Tata.

Business News

Ather Energy’s tapering losses put stock in fast lane, but is the rally justified?

FinSiddhiAugust 4, 2026

Ather Energy’s June quarter showcased faster revenue growth, sharply lower operating losses and robust retail demand. But rising competition, raw material costs and lofty valuations remain key watchpoints.

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BOM 7.99 +0.00 +0.00%
TYO 14.47 -0.21 -1.43%
AAPL 309.38 +5.96 +1.96%
GOOGL 377.65 +4.14 +1.11%
MSFT 492.81 +5.16 +1.06%

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Business News

Daily Nadi Horoscope for Pisces (5th August 2026): Don’t Let a Creative Desire Upset Your Budget

FinSiddhi August 5, 2026

The Moon in Aries may encourage impulsive spending and financial defense. Mercury in Cancer enhances imagination and learning, making emotional wishes seem urgent. Consider the costs of creative ideas and divide essential from optional expenses. Pisces may find words for unfinished projects, expressing feelings understandably to others. Discussing finances with family using simple figures reduces…

Business News

What happened to Cowboys TE Princeton Fant? Latest injury update after scary training camp incident

FinSiddhi August 5, 2026
Business News

Man arrested with gun, ammunition near Trump’s California golf course ahead of fundraiser

FinSiddhi August 5, 2026
Business News

WI vs PAK 2nd Test: Babar Azam’s wait for Test century continues; Pakistan on brink of victory vs West Indies

FinSiddhi August 5, 2026

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