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Indian Railways revised the schedules for two Vande Bharat Express trains from Varanasi, effective September 2, 2026. The Varanasi-Ranchi train will now depart at 3:55 pm, while the Varanasi-Deoghar train will leave at 6:10 am. Officials said there are no changes to the train timings at stations beyond Varanasi for passengers.
India’s state-backed National Investment and Infrastructure Fund secured $2 billion from global and domestic investors on August 31, 2026. This amount covers over half of its $3.2 billion target. The fund will use this money to support core sectors like energy and transport, while also exploring new electric mobility projects.
Gold futures fell to ₹1,54,236 per 10 grams on Monday as spot demand got weaker. Contracts for October delivery dropped by ₹2,045 on the Multi Commodity Exchange. Many traders saw this shift as global prices also fell. This change shows how market demand often drives the value of precious metals today.
India's National Investment and Infrastructure Fund raised $2 billion for its second infrastructure fund. This first close includes backing from global investors like Temasek and AustralianSuper. The fund now sets a target of $3.2 billion. Sanjiv Aggarwal said, "Infrastructure Fund II reflects the continued confidence of our partners in India."
Coal India will focus on realisations, productivity, and cost control to strengthen earnings after profits fell in FY26, Chairman B Sairam said on Monday. "Looking ahead, our focus will be on improving the quality and sustainability of earnings," he said. The company saw some improvement in the first quarter of 2026.
Indian Oil Corporation targets sales of more than 10.50 million tonnes by the end of 2030. The company saw record natural gas sales of 7.09 Mt in the financial year ending March 2026. Chairman A S Sahney said, "We have set a target of increasing natural gas sales by 1.5 times."
Purple Style Labs opened its ₹680 crore IPO on August 31. CEO Abhishek Agarwal said, “We have always been a growth-focused company.” The firm plans to use the funds for store lease liabilities and marketing. This strategy aims to boost the luxury fashion platform after three years of reported losses.
Gopalpur Industrial Park in Odisha has attracted an investment pipeline of over Rs 65,400 crore. Tata Steel Special Economic Zone Ltd said on Monday that these funds cover green hydrogen, chemicals, and solar projects. Managing director Manikanta Naik said, "Major infrastructure projects for the supply of power and water have aided this cause."
Skipper targets 20% revenue growth from FY28 as exports and margins improve. Director Sharan Bansal said the company maintains its 15% revenue growth guidance for FY27. Export orders should double to ₹1,500 crore, helping the firm reach a record order book. Bansal said, “Execution is very much back on track.”
Samco Mutual Fund CIO Umeshkumar Mehta said a range-bound market may impact domestic capital inflows. He noted that the current nature of domestic participation is structurally different. Mehta added, "The resilience of the SIP book despite periods of volatility is encouraging." Investors now use systematic investing for long-term financial savings.
Central government pensioners want the 15-year pension commutation period reduced to 11 years. Many employee organisations said the current rule is outdated because interest rates and life expectancy changed since 1986. They argued that an 11-year restoration period is fair, as it prevents excess recovery of funds from retired employees.
Nifty 50 began today's session at 24,118, slipping below a key support level on August 31, 2026. The index is now trading at 24,000, down nearly 0.7 per cent. With all sectors in the red, the broad-based sell-off showed a bearish bias. Traders can consider intraday short positions for now.