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India's electronics hardware push shows progress as EHTP exports surpassed Rs 11,150 crore. Data showed exports reached Rs 11,442.66 crore in FY25. Karnataka leads the sector with 34 units and Rs 8,328.98 crore in exports. The government started using automated digital platforms and blanket import permissions to help more companies join.
The Indian mutual fund industry surged to ₹85.76 lakh crore by July 2026. Equity schemes grew significantly, with assets rising to ₹37.92 lakh crore. Many millennials started choosing these funds over traditional bank deposits. Debt funds also got strong inflows of ₹1.88 lakh crore, showing how investors now prefer diversified portfolios.
The Income Tax Department started the FAST-DS scheme for small taxpayers to declare undisclosed foreign assets. It comes into effect on August 16 and runs until December 31, 2026. People can pay a 60% tax on assets up to ₹1 crore. The CBDT said, "The idea is that you can now declare it."
BMW Industries reported a 26% jump in net profit to ₹19.04 crore for the April-June quarter. The company saw total income rise to ₹176.68 crore. Chairman Ram Gopal Bansal said, "We have reported a robust start to FY27, marked by healthy profitability growth and steady progress on our strategic expansion."
India's chemicals sector targets up to $81 billion exports by 2030, according to a NITI Aayog report. This plan aims to boost domestic production and cut import dependence. The industry could create one million new jobs by the decade's end. Speciality chemicals, agrochemicals, and pigments will drive this major growth.
The IPO market is busy as Dhoot Transmission and Molbio Diagnostics list on 17 August. Behari Lal Engineering and Shiprocket shares saw strong demand, with subscriptions reaching 108.44 and 99.38 times. Grey market premiums for these companies show an upward trend, suggesting investors expect a good listing for their shares.
Nifty consolidation will continue as the index remains range-bound, says Sudeep Shah. The Nifty 50 lost 30 points to end at 24,366 on Friday, while Sensex fell 71 points to 78,009. Analysts said the daily trading range contracted significantly, showing a sharp drop in volatility as markets struggle for clear direction.
Anthropic is projecting 2028 revenue of roughly $190 billion to $200 billion. This figure shows the massive growth investors are being asked to underwrite as the firm prepares for a major IPO. Bankers said they are using these future forecasts to set a price for the expanding AI company today.
Seven stocks in Madhusudan Kela’s portfolio rallied up to 135% in calendar year 2026. Data for the June 2026 quarter showed he held 19 stocks worth Rs 2,665 crore as of August 14. While seven stocks gained, five others fell between 15% and 30% during this same period on Dalal Street.
The government scrapped the export duty on petrol and cut levies on diesel and aviation turbine fuel from August 15. The petrol export levy fell to nil from Rs 3.5 per litre. Officials said the move is part of a regular review of export levies on various petroleum products.
Industry experts say India needs faster reforms and stronger manufacturing to become a developed economy by 2047. Prashant Khemka said, "The speed of reforms" will be critical for growth. Leaders also noted that India must train its young workforce in new technology to gain a major economic advantage globally.
Eleven stocks fell for five consecutive sessions ending August 14, dropping more than 5% each. During this period, the Sensex benchmark fell by 490 points to 78,009. Companies like Aditya Birla Fashion and Retail and Physicswallah saw significant losses. Many investors got worried as these stocks continued their downward trend.