Day: August 30, 2026

The inflow follows ₹20,200 crore invested in July, marking a sharp turnaround after four consecutive months of heavy selling

A Parliamentary Committee has recommended timely and continuous filling of vacancies in the judicial, registry, and support cadres of the Income Tax Appellate Tribunal, stating that staff shortages adversely impact hearing schedules and overall case disposal. The Standing Committee on Law and Personnel, in its report on the functioning of tribunals in the country, said…

The Insolvency Appellate Tribunal NCLAT has affirmed the “clean slate principle” under the Insolvency and Bankruptcy Code (IBC), which bars any attempt to reestablish pre-resolution shareholders’ rights, and rejected the claims of a shareholder of Sintex Industries. A two-member NCLAT bench dismissed the appeal by a Kerala-based investor seeking around Rs 110 crore in compensation…

India’s role as a major gasoline supplier to Russia has surged recently, particularly after Ukrainian drone strikes impacted Russian refinery activities. In August, Russian gasoline imports hit unprecedented levels, with India emerging as a central contributor. Much of this gasoline was transported using sanctioned ships and involved intricate transfer practices. Increased crude oil imports from…

Consumers now use artificial intelligence for shopping decisions, though trust remains low. Younger shoppers consult more sources but trust them less, challenging brands. Companies must optimize websites for AI searches as brand mentions are minimal. Consumers seek value beyond price, considering durability and repairability. Generative AI adoption is strongest in travel, beauty, and fashion sectors.

HDFC Bank Ltd.’s search for a new chief executive after Sashidhar Jagdishan’s surprise decision to step aside will test whether India’s largest private-sector lender can restore investor confidence and move past lingering governance concerns.

European central bankers fear more U.S. policy turbulence, Reuters reports

Equity mutual funds posted mixed performance last week, with 426 of 621 funds delivering positive returns between August 24 and 29. Nippon India Taiwan Equity Fund topped the list with a 6.56% gain, while the other top performers, including international, healthcare, contra and momentum funds, delivered returns over 2.40%.

Nearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends, bonus issues and stock splits from August 31 to September 4. Investors must hold the respective shares as of the record date to qualify. Mastek, Glenmark Pharma and Triveni Engineering are among Monday’s stocks, with several companies announcing dividends…

Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing a reduction of Rs 1.13 lakh crore. The greatest impact was felt by Bharti Airtel and Reliance Industries, linked to concerns over global interest rates and geopolitical instability. Nonetheless, there was robust buying in IT stocks, which…