Author: Legal Parivar

Mumbai, August 4, 2026: BSE Limited has reported a strong set of financial results for the quarter ended June 30, 2026 (Q1 FY27), reflecting robust growth in profitability and steady expansion in income. The exchange posted a consolidated net profit of ₹872.66 crore, marking a significant increase from ₹538.17 crore in the corresponding quarter last year, representing a year-on-year growth of nearly 62%. The company’s total income rose to ₹1,706.72 crore, compared to ₹1,044.45 crore in the same period last year, driven by higher revenue from operations and improved investment income. On a standalone basis, BSE also reported strong performance,…

Bharti Airtel Ltd. reported a strong financial performance for the first quarter of FY27, with consolidated net income (before exceptional items) rising 35.5% year-on-year (YoY) to ₹8,057 crore, supported by robust growth across its India and Africa businesses. The telecom major posted consolidated revenue of ₹58,539 crore, marking an 18.4% YoY increase and a 5.7% sequential rise. Growth was driven by sustained momentum in India’s mobile, broadband, enterprise businesses, along with continued expansion in Africa. Strong Growth Across India Operations Bharti Airtel’s India business generated revenue of ₹41,214 crore, up 9.7% YoY. Key business highlights include: Profitability Improves Bharti Airtel…

The US trade deficit narrowed in June as imports recorded their first monthly decline of 2026, reflecting softer demand for foreign goods amid continued volatility in global trade and tariff policies. According to data released by the US Commerce Department, the country’s goods and services trade deficit narrowed 5.6% to $73.3 billion in June from $77.6 billion in May. The improvement came as imports fell 1.8% to $388 billion, while exports declined 0.9% to $314.7 billion. Imports Fall for First Time This Year The decline in imports marks the first monthly drop since the beginning of 2026, driven by lower…

The Central government has informed the Supreme Court that it has constituted a 12-member high-powered committee to undertake a comprehensive review of the NEET-PG admission system, amid ongoing legal challenges over the reduction in qualifying percentile for NEET-PG 2025-26 admissions. According to submissions made before a Bench of Justices P.S. Narasimha and Alok Aradhe, the committee was constituted through a notification issued on July 23, 2026. The government said the panel has been tasked with examining the existing admission framework and recommending reforms to improve transparency, fairness, and efficiency. Panel to Submit Report Within Eight Weeks The Centre informed the…

The grey market premium (GMP) for the Technocraft Ventures IPO remained subdued ahead of its public subscription, indicating a modest listing premium despite growing activity in the primary market. According to the latest grey market trends on August 4, the IPO was commanding a GMP of ₹10 per share. Based on the upper price band of ₹212, the unofficial premium suggests an estimated listing gain of around 4.7% to 5%. However, market participants should note that GMP is an unofficial indicator and does not guarantee listing performance. Technocraft Ventures IPO Schedule The IPO will open for public subscription on August…

Stock Market Today, August 4: Indian equity benchmark indices are expected to witness a cautious start on Tuesday after ending Monday’s session with strong gains. Investors will closely monitor the Reserve Bank of India’s (RBI) monetary policy meeting, key corporate earnings, and global developments surrounding the US-Iran situation. The BSE Sensex climbed 544 points (0.70%) to close at 78,639, while the NSE Nifty 50 surged 391 points (1.60%) to settle at 24,774.30, extending gains for the fourth consecutive trading session. Gift Nifty Signals Flat Opening Gift Nifty was trading near 24,628, indicating a subdued to flat opening for Indian markets…

The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Tuesday, August 4, as investors monitor uncertainty surrounding US-Iran diplomatic developments and await the Reserve Bank of India’s monetary policy decision. Asian markets traded mixed during early trade, while Wall Street ended higher overnight, supported by easing oil prices and gains in technology stocks. Domestic equity benchmarks extended their rally for a fourth consecutive session on Monday. The BSE Sensex gained 544 points (0.70%) to close at 78,639, while the NSE Nifty 50 advanced 391 points (1.60%) to settle at 24,774.30.…

Jan Suraaj Party founder Prashant Kishor has ruled out the possibility of joining any political alliance following his landmark victory in the Bankipur Assembly bypoll, asserting that his party’s only alliance will be with the people of Bihar. The former election strategist also claimed that his win was made possible by support from dissatisfied voters across the BJP, Congress and Rashtriya Janata Dal (RJD). Speaking to reporters after defeating BJP candidate Neeraj Kumar by more than 19,000 votes, Kishor described the result as a sign of growing public dissatisfaction with established political parties. “We shall have no alliance. Our alliance…

Bangladesh has formally sought clarification from India over reports that former Prime Minister Sheikh Hasina is expected to deliver a virtual address from New Delhi on August 5, warning that political activities conducted from Indian territory could complicate bilateral relations. The reported online address coincides with the second anniversary of the student-led uprising that led to the fall of Sheikh Hasina’s Awami League government, making the event particularly sensitive in Bangladesh’s political landscape. Bangladesh’s State Minister for Foreign Affairs, Shama Obaed Islam, said Dhaka has requested India to clarify its official position regarding the planned virtual appearance. While reaffirming Bangladesh’s…

Samajwadi Party (SP) chief Akhilesh Yadav on Monday launched a fresh attack on the Bharatiya Janata Party (BJP), claiming that the party’s performance in the recent bypolls reflects the “beginning of change” in the country’s political landscape. Reacting to the bypoll results, Yadav said the outcome demonstrates growing public dissatisfaction with the ruling party and indicates that even constituencies once considered BJP strongholds may no longer remain secure. In a detailed post on social media platform X, the former Uttar Pradesh Chief Minister attributed the electoral outcome to the unity of young voters and public anger over several issues. According…