HOMRE Limited reported a strong Q1 FY27, with standalone operating income rising 103.6 per cent QoQ to ₹1,192.29 lakh. PBT increased 75 per cent to ₹84.82 lakh, while PAT turned positive at ₹63.46 lakh from a loss of ₹76.46 lakh in Q4 FY26. The company operates across biomass energy, metal recycling and sustainable industrial solutions.

Transformers and Rectifiers (India) shares rose 3.27 per cent after the company received a Large Order LOI from APTRANSCO for manufacturing transformers and related work. The exact order value was not disclosed, while delivery is scheduled within 13 months. The company said the order is in the ordinary course of business and is not a related-party transaction.

Tata Motors Passenger Vehicles became the steepest percentage loser on the Nifty 50 today, shedding 4.32 percent to close at ₹334.50. The sudden drop followed corporate triggers revealing an approximate 80 percent slump in quarterly profits, caused primarily by rising input costs.

Prime Fresh reported strong Q1 FY27 performance, with revenue rising 15.7 per cent YoY to ₹61.71 crore, while EBITDA increased 51 per cent to ₹6.07 crore. PAT rose 50.8 per cent to ₹4.35 crore. Sales tonnage jumped 68 per cent to 17,982 MT, while EBITDA margin improved 230 basis points to 9.83 per cent.

Vedanta has been declared the successful bidder for the 152-hectare Punnam Manganese Block in Andhra Pradesh following an e-auction by the state government. The block is currently at the G4 exploration stage. The acquisition is expected to strengthen Vedanta’s diversified metals and mining portfolio, while supporting domestic manganese resource availability and reducing import dependence.

Tata Motors Passenger Vehicles shares fell 5.06 per cent to ₹331.90 after Q1 FY27 consolidated PAT declined 78.5 per cent YoY to ₹859 crore, despite revenue rising 9.3 per cent to ₹95,799 crore. Domestic PV revenue surged 64.8 per cent, while EV volumes jumped 112 per cent YoY. Rekha Jhunjhunwala held a 1.33 per cent stake.

Uravi Defence shares declined 0.97 per cent to ₹106 after Q1 FY27 consolidated revenue rose 23.55 per cent YoY to ₹10.33 crore. PBT increased 92.07 per cent to ₹84.08 lakh, while PAT rose 33.46 per cent to ₹70.49 lakh. The stock trades near its 52-week low of ₹104, versus a high of ₹500.

Gold cost around ₹88.62 per 10 grams in India in 1947, meaning ₹1,000 could have bought about 112.84 grams. At the Indian Bullion and Jewellers Association's August 14, 2026 indicative rate of ₹15,236 per gram for 999-purity gold, that quantity would be worth roughly ₹17.19 lakh today. The calculation excludes taxes, making charges and other transaction costs on physical gold.

Under current regulations, banks are required to report total cash deposits exceeding ₹10 lakh in a savings account during a financial year to the Income Tax Department. The limit applies to deposits made either in one go or through multiple transactions. If the limit is exceeded, the depositor needs to disclose the source of the funds while filing their ITR.

A health insurance cover of ₹5-10 lakh may not be sufficient amid 12-14% estimated annual medical inflation in India, industry experts said. For metro residents, a ₹15-20 lakh cover may be appropriate, LivLong CEO Gaurav Dubey said. Policybazaar executive Siddharth Singhal suggested a base cover of minimum ₹20-25 lakh, while another expert recommended ₹25-50 lakh for families with senior parents.

SEBI has proposed allowing NRIs, Overseas Citizens of India (OCIs) and foreign nationals living abroad to complete their KYC digitally without being physically present in India. The relaxation would apply to individual Persons Resident Outside India (PROIs) based in countries compliant with the FATF. Existing KYC requirements would continue to apply to clients in FATF non-compliant countries.

Government has opened a one-time window until December 31 to declare foreign assets. Upon disclosure, people with up to ₹5 crore of foreign income/assets will have to pay ₹1 lakh fee. People with up to ₹1 crore foreign income/assets need to pay 30% of assets' fair market value or 30% of undisclosed income as tax and 30% as additional tax.

A study by SalarySe revealed what India's salaried Gen Z spends most on, with bills and subscriptions accounting for the largest share of monthly spending at 20.1%. Groceries follow at 15.7%, while financial services, shopping and food account for 12.2%, 11.9% and 11.5%, respectively. The findings are based on an analysis of UPI transactions involving 5.2 lakh Gen Z users.

Fifteen Nifty 500 stocks have jumped over 100%, while 50 index stocks have risen over 50% since the last Independence Day, Livemint reported. Among the gainers, Ather Energy, Aditya Infotech and HFCL have surged over 200% each during the period. Acutaas Chemical, Vodafone Idea, Hindustan Copper, Laurus Labs, CPCL, Adani Energy Solutions and National Aluminium Company are up over 100%.

Loan default does not cancel a lender's right to recover dues, but recovery must comply with the law. Borrowers facing harassment should preserve evidences, industry expert Anshi Shrivastava said. Complaints should first be raised with the lender's grievance-redress mechanism and, if unresolved, escalated through RBI's complaint mechanism. Serious threats or violence should be reported to police.

A Will should be accompanied by an updated list of financial assets, including bank accounts, fixed deposits, mutual funds, shares, PPF, EPF and NPS. Insurance policies, property records and nomination details should also be kept with the Will. Passwords, ATM and UPI pins shouldn't be stored with the Will. These records should be reviewed regularly and updated after major changes.

At independence in 1947, India had a largely agrarian economy and a weak industrial base. First two Five-Year Plans focused on agriculture, irrigation and industrialisation. In 1960s and 1970s, banking and insurance came under state control, while Green Revolution transformed agriculture. The 1991 reforms ended the Licence Raj and opened India to the world. In 2017, GST unified indirect taxes.

Income Tax Department has notified Foreign Assets of Small Taxpayers-Disclosure Scheme, allowing eligible small taxpayers to declare certain undisclosed foreign assets and income from August 16 to December 31. Taxpayers must pay 30% tax plus an equal amount. The scheme covers specified assets up to ₹1 crore and some previously taxed or non-resident assets up to ₹5 crore.

If emergency fund is modest, keeping it in one bank is convenient, Moneycontrol reported. However, spreading it across multiple accounts can provide backup if one bank faces technical issues or disruptions. In India, DICGC insures eligible bank deposits up to ₹5 lakh per depositor per bank, subject to applicable rules. Hence, people with large balances may spread deposits across banks.

Paying rent through credit card can lower CIBIL score if it increases your credit utilisation. For example, using ₹30,000 of a ₹1 lakh limit means 30% of available limit is utilised before other spending. Low CIBIL score makes it difficult to obtain credit or other loans in future. Experts recommend keeping credit utilisation below 30% and paying dues in full.