Former Infosys CFO Mohandas Pai criticised the alleged harassment of foreign investors after reports said the Income Tax Department sent notices to several overseas investors who earned nothing. The notices sought explanations for not filing income tax returns and requested documents, including TDS details, valuation reports and share certificates. "The harassment continues," he said.

Ridham Desai, head of Morgan Stanley's Indian Equity Research team, assigned a 25% probability to the BSE Sensex hitting the 1,00,000 mark within the next year. Desai said his bull-case scenario is based on assumptions that oil prices remain below $80 a barrel, reflation policies begin delivering results, and earnings grow at a compounded annual rate of 19% during FY2026-29.

News outlet The Bhutanese, which reported that Bhutan refused Indian OMCs' offer to buy E20 petrol, countered the Indian government's fact-check, which claimed that no such offer was made. The Bhutanese Editor Tenzing Lamsang shared Trade Department's written response, on which the report was based. "We...stand by the story based on written and verbal replies from official sources," Lamsang said.

Aastha Spintex shares listed at a 4.41% discount to the IPO price of ₹136 apiece, despite the IPO being oversubscribed more than four times. The company raised ₹170 crore through its public issue, with its market capitalisation standing at ₹573.85 crore after listing. However, the stock soon hit the 5% upper circuit, lifting the company's market capitalisation to ₹602.32 crore.

US Polo Association (USPA Global) CEO J Michael Prince, who once worked 90 hours per week and pulled all-nighters, now tries to leave the office by 5:30 pm. Noting that he "probably lost some years" of his life, he added, "I leave...office, and I really try to respect people's weekends." He said he also avoids messaging people in the evenings.

The National Stock Exchange (NSE) is set to begin formal IPO marketing next week, according to a Bloomberg report. The exchange plans investor roadshows across the US, London, Singapore, Hong Kong, the Middle East and India ahead of a targeted September listing. NSE aims to raise up to $3 billion in what could be one of India's biggest IPOs.

Automakers' industry body SIAM had urged the Centre to ensure E10 petrol remains available during E20 petrol's rollout, NITI Aayog's 2021 'Roadmap for Ethanol Blending in India' report showed. "Discontinuation of E10 fuel...is a critical concern. This will cause...vehicles available by 2028 to be unusable," SIAM said. It noted that E20 fuel's use in incompatible cars may pose safety issues.

Indian markets ended higher for a fourth straight week as crude prices eased, FPI selling slowed and bond inflows supported the rupee. Brent stayed near $72 a barrel as OPEC+ considered higher output, but risks remain from currency pressure, Hormuz-related disruptions and the impact of E20 fuel on vehicle efficiency.

Indian Railways has approved a ₹499 crore doubling of the 44.4 km Mansi-Saharsa section in Bihar to ease congestion and improve rail operations. The project will support 24 pairs of passenger trains and increase freight capacity by 1.764 million tonnes per annum (MTPA). It will strengthen the transportation of agricultural produce, cement, fertilisers, and other essential commodities.

Delhi's neighbourhood shops, traders, workshops and service providers may be among the country's most productive urban businesses, but the workforce remains overwhelmingly male, according to NSO's first city-level assessment of India's non-corporate urban economy. Women account for just 13.5% of workers and 16.2% of business owners in such enterprises, the survey showed.