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Explained: When it makes sense to take a joint home loan and when it doesn’t
When two earning members of a household apply together for a loan, their combined income can potentially improve loan eligibility and help manage repayment burden more efficiently. Most banks and HFCs reiterate that adding an earning family member as a co-applicant can improve their borrowing eligibility.
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Inflation data 'concerning': Fed chair Warsh signals rates may need to rise
Federal Reserve Chair Kevin Warsh has signaled that interest rates might rise in the near future, given that inflation continues to far exceed the central bank's two percent goal. He raised concerns about the persistent underlying price pressures, which have not shown significant improvement. This news prompted bond markets to adjust their forecasts, indicating a likely rate hike on the horizon. Warsh reiterated that managing inflation is a top priority.
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CNG price hike: Compressed natural gas gets costlier; check city-wise rates
Consumers in Delhi and surrounding areas brace for higher compressed natural gas prices as Indraprastha Gas Limited implements a price hike due to escalating imported liquefied natural gas costs. Effective August 29, this change is linked to surging international LNG prices and ongoing Middle East conflicts, impacting both freight and passenger fares in the region, following several prior increases.
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‘Unfounded’: RIL rejects allegations by Subhash Chandra
Reliance Industries has denied allegations made by Essel Group chairman Subhash Chandra. Chandra claimed Ambani's media group conducted a witch hunt against him. He also alleged associates manipulated Zee's share price and used shell entities. Chandra further stated Ambani sought to acquire Zee in collusion with an investor. Lenders are now challenging a tribunal-approved settlement in Chandra's insolvency case.
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Jio Platforms gets Sebi nod for 37.7k cr IPO, set to be India's biggest
Jio Platforms received Sebi clearance for its initial public offering.The company aims to raise up to four billion dollars in this debut.This offering is expected to become India's largest stock market listing.Jio plans a pure primary issue, with proceeds retiring debt.Reliance Industries holds a majority stake in Jio Platforms.
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India's forex reserves hit all-time high of $729.33bn after $12.42bn jump
India's foreign exchange reserves reached an all-time high of $729.328 billion. This surge marks eight consecutive weeks of significant increases in reserves. Foreign currency assets and gold holdings were the primary drivers of this substantial rise. Measures to attract overseas dollar inflows contributed to the record accumulation of reserves. The Reserve Bank of India's interventions also played a role in managing these inflows.
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IndiGo Ventures invests in Sarvam to enhance Artificial Intelligence in aviation
IndiGo Ventures is investing in Sarvam, an Indian AI company. This investment supports Sarvam's Series B funding round. The partnership aims to enhance customer experience and operational workflows. Both companies will develop AI applications for a modern airline infrastructure. This collaboration seeks to accelerate innovation and maximize stakeholder value.
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Why India and China are betting on the Northern Sea Route & why it matters
India’s interest in the Northern Sea Route is being shaped by two factors: its commercial potential and the need to broaden trade connectivity. The NSR also offers a clear geographical advantage on certain Asia-Europe trade lanes.
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From Suez to Russia’s Arctic: Why India, China are betting on Northern Sea Route & why it matters
India’s interest in the Northern Sea Route is being shaped by two factors: its commercial potential and the need to broaden trade connectivity. The NSR also offers a clear geographical advantage on certain Asia-Europe trade lanes.
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Jio Platforms gets Sebi nod for $3.8bn IPO, potentially India’s biggest listing
Jio Platforms secured Sebi approval for its substantial $3.8 billion initial public offering.This significant approval paves the way for India's potentially largest stock market listing.The company plans to offer new shares, raising approximately $4 billion for its operations.Proceeds will primarily be used to reduce debt at its telecom unit, Reliance Jio Infocomm.This listing occurs amidst a strong revival in India's primary market activity.
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Oil prices today: Crude heads for weekly losses as Hormuz flows remain choppy
Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower on Friday. Market sentiment shifted as economic sanctions replaced military pressure.
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Govt achieves 78% of FY27 disinvestment, asset monetisation target in 5 months
The government has raised over Rs 62,000 crore through disinvestment and asset monetisation. This figure represents 78% of the full-year budget target for FY27. The Life Insurance Corporation stake sale contributed significantly to these proceeds. Other public sector entities also saw stake dilutions by the government. The strategic sale of IDBI Bank is currently being pursued by authorities.
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Top stocks to buy today: Stock market recommendations for August 28, 2026 - check list
Stock market recommendations: Siemens, Laurus Labs, and BHEL - Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One has picked these as the top stocks to buy today on August 28, 2026:
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On F&O expiry day, sensex sees wild swings during Closing Auction Session
On Thursday, within a five-minute window after the start of CAS on BSE—between 3.18pm and 3.23pm—sensex crashed over 2,200 points and then within the next seven minutes—between 3.23pm and 3.30pm—it recovered nearly 2,000 points. It finally closed at 76,934 points, down 539 points from its Wednesday close. On NSE, things were relatively quiet. Between 3.18pm and 3.22pm, Nifty slid over 100 points.
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HDFC looks to appeal 99.97% haircut on claims against Zee’s Chandra
Assenting creditors (80.8%) contested allegations of being related parties and argued that Rs. 6.5-crore plan offered a better outcome compared to pushing the personal guarantor into bankruptcy, since Chandra’s net worth according to the resolution professional was only Rs. 31.8 crore, of which Rs. 25 crore was his mortgaged house. Chandra has disputed the Rs. 22,000-crore liability, stating it reflected historical claims filed in 2022.
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HDFC shares drop 2% over CEO uncertainty, legal woes
HDFC Bank CEO Sashidhar Jagdishan’s tenure is set to expire on Oct 26. “There are just 2 months left and there is still no clarity about his extension/renewal. Markets have been worried about succession issues at HDFC Bank for some time now, as a result of which the stock has been weak,” said Suresh Ganapathy, an analyst with Macquarie.
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Centre goes all-out to woo Japanese companies for investment
India, officials said, is seen to be a reliable player, which has a democracy and rule of law, in addition to a large and growing market. The pitch is also that a base in India will also help tap the large talent pool as well as traditional trade relations with West Asia and Africa, which also boasts of a large Indian diaspora.
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Gaana, Fenix360 tie up to boost engagement
Streaming changed how the world listens to music. But for a long time, the relationship between artists and fans has largely stopped at the play button. Discovery happens on one platform, community happens on another and monetisation happens somewhere else if it happens at all. This partnership aims to close that gap. The wider ecosystem will also introduce new monetisation opportunities for artists.
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‘Govt to focus on easing processes to boost FDI’
Goyal said govt was keen that investment model should not only focus on large companies but the entire value chain that leads to downstream indigenisation. In paints, for instance, import of titanium dioxide, a key input, is of the tune of $1 billion and govt wants it to be manufactured in India, he said.
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Daikin lines up Rs 2,800 crore fresh investment
During his meeting, commerce and industry minister Piyush Goyal is learnt to have suggested to Daikin Industries president and COO Naofumi Takaneka that the Japanese company should go beyond assembling compressors to also manufacture them in India, including their components. Takaneka is learnt to have responded by saying that the R&D centre will seek to develop products that are conducive for Indian climate.
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India emerges as global production, innovation hub: FM
At a joint presser with her Canadian counterpart François-Philippe Champagne, FM said she discussed practical avenues for cooperation in the financial sector, including cross border payments, financial stability, fintech and capital markets. “We (also) explored opportunities for wider international and multilateral cooperation on issues of interest, such as critical minerals and energy security.”
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Will carefully consider AI’s capital request: SIA
SIA made its stand clear after a Singapore opposition MP Kenneth Tiong opposed using state investor Temasek’s funds to meet AI request for more fund infusion from its twin promoters. Since Temasek owns most of SIA, the opposition Workers’ Party legislator said in a social media post Wednesday AI’s request was “not only a question for private shareholders.”
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Rs 1.1 lakh cr to Rs 2.1 lakh cr: Why cost of 1st bullet train project has doubled
The bullet train project is also becoming a platform for India's own high-speed rail ambitions. BEML and ICF are developing India's first indigenous high-speed trainset, with the first expected to roll out in 2027. The trains are being designed for operating speeds of around 250 kmph, with a design speed of 280 kmph.
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The big Indian IT sector shake-up: GCCs are hiring more than traditional tech; who is getting the jobs?
Global Capability Centres or GCCs which are essentially specialised offshore units of multinational companies are fast absorbing talent from the traditional IT sector. The trend suggests that India’s GCCs are emerging as an increasingly important engine of technology hiring.
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MBAs bag higher salaries than engineers: Top B-schools average Rs 27.4 lakh
MBA roles for the class of 2026 offered average salaries that were 52% higher than those for engineering positions. The gap is expected to grow further, with MBA roles for students appearing for placements in 2026, or the class of 2027, projected to offer 59% higher pay than engineering roles.
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MBA degree is paying more than engineering: Top 10 B-schools offer Rs 27.4 lakh average, while the salary premium of MBAs over engineering is set to rise from 52% to 59%
MBA roles for the class of 2026 offered average salaries that were 52% higher than those for engineering positions. The gap is expected to grow further, with MBA roles for students appearing for placements in 2026, or the class of 2027, projected to offer 59% higher pay than engineering roles.
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Taxpayers alert! Weak rupee may push foreign assets above Rs 1 cr, raising tax bill
In fact, the rupee’s decline over the years, strict valuation requirements and the fact that many amounts exceed the prescribed lower limits are discouraging several taxpayers from disclosing previously unreported foreign income and assets.
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Gold, silver price prediction: Will gold hit Rs 1.7 lakh/10 gms soon? Check outlook on August 27, 2026
Gold and silver price prediction today: MCX Gold has entered a consolidation phase at the start of the week after testing the May 2026 highs, but the fact that prices are continuing to hold around those levels is an encouraging sign that keeps the near-term trend firmly in bullish territory.
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Top stocks to buy today: Stock recommendations for August 27, 2026 - check list
Top stock market recommendations: Vedanta, Central Depository Services (India) Ltd (CDSL), and Ashok Leyland - Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth has picked these as the top stocks to buy on August 27, 2026. He has shared his views on Nifty and Bank Nifty:
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JSW and SAIC discuss capital infusion to scale MG capacity
Tomahawk, the first MG SUV on the multi-powertrain ADAPT platform, will anchor the C-SUV strategy for seven-eight years, while Windsor anchors SUV-B. Both models are targeted to reach 70% localisation by 2027, with localisation rising 2-3 percentage points monthly. Jindal declined to say whether the additional funding by shareholders in MG Motor would alter the shareholders’ stakes.
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