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Copper surged 15% and aluminium rose 8% this year, sparking interest in industrial metals. Kishore Narne from Motilal Oswal Financial Services said, "record US copper imports and shrinking aluminium inventories" drive this volatility. Investors now watch these trends closely as the market reacts to shifting supply levels on the LME.
Godrej Industries Group plans a Rs 20,000-crore investment in Haryana to boost its presence. Signed on Monday, this move could create 40,000 jobs. Chairperson Pirojsha Godrej said, "Haryana has emerged as an important growth driver for the Godrej Industries Group." The group already has many projects across the state today.
Sunsure Energy’s renewables portfolio in Uttar Pradesh surpassed the 500 MWp mark. The company now powers many industrial giants like Dabur and LG Electronics. Kartikeya Narain Sharma said, "We believe reliable, affordable green power will be central to how its industries plan and how jobs grow." The firm continues expanding rapidly.
Commerce and industry minister Piyush Goyal urged Japanese firms to double their presence in India by 2030. During his four-day visit starting 24 August, he met leaders from major companies to boost ties in semiconductors and clean energy. He said the partnership had expanded beyond traditional trade to economic security.
The Mumbai bench of the Income Tax Appellate Tribunal ruled that the fair market value of ESOP shares at exercise becomes the cost of acquisition for capital gains. Divya Bhanushali said, “ESOP taxation isn't a single event; it's a two-stage process.” This decision helps NRI employees avoid potential double taxation issues.
Innovation Platform Capital plans to invest Rs 83,480 crore in Karnataka, industries minister MB Patil said on Monday. The firm will focus on digital infrastructure, renewable energy, and green hydrogen. In the first phase, the company will use Rs 17,114 crore to build data centres and a green hydrogen plant.
The Central government appointed Janmejaya Kumar Sinha, Syed Akbaruddin, and Annie George Mathew as part-time, non-official Directors on the RBI Central Board. These appointments started on August 24 and will last for four years. The government also recently added Somanath Sreedhara Panicker and Anand Gopal Mahindra to the board this week.
Gaming funding fell from $133 million in 2025 to $42.5 million in 2026 as investors now demand sustainable monetisation. Nitish Mittersain said, “The strongest gaming companies are building long-term player relationships rather than chasing short-term growth spikes.” Firms must now show profitability and efficiency to get capital in this market.
The Reserve Bank of India’s special forex swap facility mobilised $73 billion in foreign exchange inflows as of August 21. The scheme started on June 8 to attract foreign capital. FCNR(B) deposits got $65.4 billion, showing strong support from NRIs. The bank said the facility achieved its objective ahead of schedule.
The Indian government started an Offer for Sale to sell up to 6% stake in Hindustan Copper at Rs 514 per share. The DIPAM secretary said, "Government of India offers to divest 3% equity in Hindustan Copper Limited through an Offer for Sale." Retail investors get 10% of this offer.
UPI has completed a decade in India, with annual transactions rising from 2 crore in FY 2016-17 to over 24,162 crore in FY 2025-26. Users now have many ways to pay, including using credit cards, pre-sanctioned credit lines, or UPI Lite. You can even let others pay through UPI Circle.
MakeMyTrip and Axis Bank announced a partnership on Monday to offer travel discounts through March 2027. Cardholders get instant savings on flights, hotels, and holiday packages during long weekends. Vinit Bajaj said, "Long weekends had become significant travel opportunities and the tie-up aimed to make travel planning more rewarding."