Day: August 27, 2026

Today’s Best of BS Opinion examines rising sugar prices, AI-led credit assessment, global trade dualism, mounting US fiscal risks and China’s reshaping of collective memory.

Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an advanced deadline on August 31 that altered original plans tied to deposit-linked fundraising. With the Reserve Bank of India (RBI) moving the timeline forward, many lenders have revised their bond…

Contracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales growth in 2028. The company’s shares rallied 4.2% in extended trading. The upbeat outlook also lifted other AI stocks, including Marvell Technology Inc. and Sandisk Corp., in after-hours trading.

PNB Housing Finance shares have seen significant gains this year. The company is focusing on affordable and emerging housing segments. This strategic shift aims to improve its valuation and return ratios. Disbursements and net profit are expected to grow robustly in coming years. Stable asset quality and new financing initiatives support future growth.

Specialised investment funds are changing wealth manager portfolio structures. Hybrid SIF strategies are increasingly included in allocations. These funds offer tax efficiency and differentiated investment approaches. Wealth managers suggest these funds complement core portfolios for investors. SIFs provide flexibility through various investment strategies.

TILT is targeting a funding gap faced by early-stage businesses serving low-income communities, which often take longer to build product-market fit, distribution and sustainable economics than conventional venture-backed businesses.

The latest visit comes as the conflict approaches its sixth month. Although major fighting has largely stopped, the two sides have yet to make progress towards a lasting diplomatic settlement. One of the biggest unresolved issues is the Strait of Hormuz, the narrow waterway between Iran and Oman through which a major share of the…

Palmonas cofounder Pallavi Mohadikar and Progcap cofounder Pallavi Shrivastava jointly won the Woman Ahead award at the ET Startup Awards 2026. The jury recognised their distinct journeys in building high-impact businesses in jewellery and supply-chain finance, as both founders tackle underserved markets in the country.

Do you consider a public market company a startup, or do those not qualify? That was the big debate when the jury met to decide the next cohort of winners for The Economic Times Startup Awards 2026.

Deeptech startup Theranautilus has won the Top Innovator award at the ET Startup Awards 2026 for its work on microscopic robots that can navigate the human body for targeted treatments. Founded in 2020, the Bengaluru-based startup is developing the technology for dental care, with human trials planned for September 2026.