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  • Business News & EconomyUncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
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Day: August 4, 2026

Business News

Average data breach cost hits record high of Rs 25.5 crore in India: IBM report

FinSiddhiAugust 4, 2026

By 2026, the financial impact of data breaches in India surged to Rs 25.5 crore, marking a notable increase of sixteen percent from the previous year. The scope of these breaches also widened, with more records being compromised. Companies that did not implement AI in their security operations endured higher costs, emphasizing the necessity for…

Business News

Bharti Airtel Q1 results: Net profit jumps 37% to ₹8,167 crore; revenue up 18% – Key highlights

FinSiddhiAugust 4, 2026

Bharti Airtel announced its Q1FY27 earnings, reporting a 37% rise in net profit to ₹8,167 crore and an 18.3% increase in revenue to ₹58,539 crore, compared to the previous year.

Business News

Expand the investment options of Indian households: it’s an idea whose time may finally have come

FinSiddhiAugust 4, 2026

While hard restrictions on retail investors investing money abroad have served the country well so far, it’s time for a change. Let’s ease capital controls so that market forces can reward investors and reduce India’s macro instability on the external front.

Business News

Bharti Airtel beats Q1 revenue estimates as premium users drive growth

FinSiddhiAugust 4, 2026

Bharti Airtel reported a consolidated net profit of ₹8,167 crore for Q1FY27, a 37.3% YoY increase, announced on August 04. However, net profit declined 11.5% compared to ₹7,325 crore in Q4FY26.

Business News

Several WhatsApp users say their accounts ‘put under review’

FinSiddhiAugust 4, 2026

WhatsApp accounts in India and other regions faced a 24-hour review period. Users reported being blocked from all app features without prior notification. The app displayed a message indicating activity and device information checks. Affected users expressed frustration and sought urgent assistance on social media platforms. WhatsApp has not yet provided an immediate response to…

Business News

The Fed chief seems to prefer outsourcing monetary policy to financial markets. That’s a bad idea.

FinSiddhiAugust 4, 2026

By not explaining the logic of how the US Federal Reserve adjusts policy in response to changes in the American economy, the Fed ends up ceding control to financial markets. This would constrain the efficacy of its policy as it goes along. Here’s how.

Business News

Kalyan Jewellers Q1 Results: Net profit jumps 32% YoY to ₹349 crore; margins contract

FinSiddhiAugust 4, 2026

Kalyan Jewellers reported a net profit of ₹348 crore for the June quarter, a 32% YoY increase. However, it declined sequentially from ₹409 crore. Revenue rose 46% YoY to ₹10,589 crore, but fell 3% QoQ, with lower contribution from studded jewellery.

Business News

Nazara CEO Nitish Mittersain steps down; Raymond Albaladejo Stauffer takes over

FinSiddhiAugust 4, 2026

Mittersain will now focus his efforts as MD on shaping the company’s long-term strategy, portfolio direction, strategic partnerships, and key stakeholder engagement.

Business News

Closing Auction Session debuts successfully; BSE, NSE report strong participation

FinSiddhiAugust 4, 2026

Indian stock markets implemented an auction-based closing price mechanism on Monday, enhancing price discovery. The BSE reported strong participation from over 400 trading members, while the NSE noted 515 members engaged, despite a spike in indices being labeled an aberration.

Business News

First the Strait of Hormuz, then Bab el-Mandeb: maritime security has begun to shape the world order

FinSiddhiAugust 4, 2026

Seaborne trade chokepoints being leveraged or weaponized don’t bode well. The era of efficiency-driven globalization is giving way to one in which resilience, redundancy and maritime security shape the global order. India must focus on naval power.

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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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