Day: August 28, 2026

Relocating vulnerable sea turtle nests can lead to unexpected negative consequences. When nests are moved to warmer areas, the sex ratio of hatchlings skews heavily towards females. Additionally, even nests placed in shaded locations yield smaller hatchlings with reduced physical capabilities. Therefore, effective nest relocation must consider various environmental factors beyond just temperature to ensure…

Bharti Airtel led mobile subscriber additions in July, adding 26.88 lakh users. Reliance Jio followed, adding 24.46 lakh users during the same period. Vodafone Idea and BSNL also saw subscriber base increases. India’s overall wireless subscriber base grew to 128.79 crore in July. The broadband subscriber base also experienced a monthly growth of 0.64 percent.

The income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services under the tax treaty. The tribunal deleted a tax addition related to expense reimbursements. A separate dispute concerning management fees was sent back for fresh examination.

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However, the market witnessed heightened volatility in the final leg of trade, with sharp movements in the benchmark indices during the Closing Auction Session (CAS). The late-session swings influenced the final index levels as market participants adjusted positions ahead of the close.

India VIX dropped 3.70% to 10.66

The Shanghai Composite fell 0.11% to 3,952.2, while the Shenzhen Component dropped 0.68% to 13,953.1. Concerns grew after US President Donald Trump indicated that Chinese banks could face sanctions. Reports of a possible 7.5% US tariff on Chinese goods also added to the pressure.

The Nikkei 225 rose 0.41% to 66,405, while the broader Topix gained 0.72% to 4,147. Japans unemployment rate fell to 2.4% in July, its lowest level in a year, while Tokyos inflation rate picked up to a five-month high in August.

Indian man working in Singapore gets $3.14 lakh from redemption of units of Bermuda focussed investment fund; Tax dept deems it black money and imposes Rs 1.8 crore penalty and tax; he wins case in ITAT Delhi. Read the article.

What to expect from ProPicks AI India stock picks refresh on Sept 1?