Day: September 8, 2026

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The Allahabad High Court denied bail to Maulana Tauqeer Raza concerning the 2025 Bareilly violence. The court found his speech challenged law and India’s sovereignty and integrity. Raza was jailed in October 2025 following September’s violent rally. Police reported he called for a large assembly without official permission. The court noted his post-incident speech applauded…

Shiprocket reported a narrower consolidated net loss of Rs 13.7 crore in Q1FY27, compared with Rs 18 crore a year earlier, while revenue from operations rose 33.8% year-on-year to Rs 592.1 crore. Adjusted EBITDA turned positive at Rs 8.9 crore, supported by strong growth in the emerging business, while core business revenue grew 22%.

Iran has recently increased its petrol price for consumers who surpass a monthly limit of 110 litres. This price hike is intended to boost government revenue, which officials assure will be allocated to support households. Amid ongoing inflation and a declining national currency, experts caution that this rise in fuel costs could exacerbate the existing…

Foreign investors turned net buyers in India, deploying Rs 49,830 crore across sectors in July and August, with consumer services, healthcare, consumer durables, financials and IT emerging as the biggest beneficiaries. The shift reflects stronger domestic growth, better-than-expected Q1 earnings and a stabilising rupee, while telecom, capital goods, power and select other sectors faced sustained…

Bananas can fit into a diabetes management plan, contrary to popular belief. The ripeness of the banana and portion sizes play crucial roles in determining their effect on blood sugar. When paired with protein or healthy fats, bananas can mitigate their glycemic impact. Choosing whole bananas over sugary treats ensures you receive fiber and essential…

India’s food safety authority has raised questions about Old Monk’s designation as rum, highlighting its use of neutral spirit combined with rum flavoring. The creators of Old Monk have consented to alter their packaging and eliminate any age-related assertions. New labels are currently under FSSAI review, while legal proceedings are ongoing. This situation has triggered…

Defence stocks: The Defence Acquisition Council approved defence procurement proposals worth around Rs 1.10 lakh crore, with nearly 98% of purchases to be sourced from Indian companies. The move is likely to keep defence stocks such as HAL, BEL, Paras Defence, BEML and Astra Microwave in focus. The approvals cover requirements of the Army, Navy…

Four Nifty500 stocks, Supreme Industries, Zydus Lifesciences, Narayana Hrudayalaya and Nippon Life India AMC, showed rising RSI above 50, signalling strengthening momentum and potential uptrend conditions.

The Indian rupee opened lower at 94.51 against the US dollar due to elevated oil prices and increased dollar demand. The Reserve Bank of India has shifted focus to managing pressure from rising crude costs rather than actively supporting the rupee.