*FINANCIAL NEWS*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Sunday, 09 August 2026

*Commodities*
• Silver (Spot): Rs 232187
• Gold (Spot): Rs 149197

*Automobiles & Aviation*
• Hero MotoCorp: Strong volume momentum continues, though margin headwinds remain.
• India targets electric air taxis by 2028; testing activity expected to accelerate next year, says Civil Aviation Minister.

*Media & Entertainment*

• PVR INOX shifts focus towards smaller multiplexes as the single-screen cinema segment continues to decline.

*Mining & Natural Resources*
• Mining project near India’s first marine sanctuary in Gujarat receives approval.

*Digital Payments & Fintech*
• PhonePe and Razorpay support selective UPI charges for large merchants.
• Government clarifies that UPI transactions will remain free for consumers under the proposed MDR framework.

*FMCG & Consumer*
• Milk prices in Maharashtra to increase by Rs 2.
• Flipkart Minutes enters the gourmet grocery segment and launches private label Pykd as quick-commerce players intensify their premium offerings.

*Financial Services & Mutual Funds*
• Foreign flows into government bonds may remain muted, says SBI Funds.
• Unclaimed mutual fund dividends rise 15.7% to Rs 2,689 crore.
• India’s economic growth expected to support markets, though global risks remain a concern.

*Capital Markets & IPOs*
• Blackstone-owned AGS Health files updated DRHP for Rs 4,800 crore India IPO.
• Brookfield-backed Altius Telecom Infrastructure Trust files IPO papers; issue could raise around Rs 6,000 crore.
• Cult founder Rishabh Telang faces allegations of forging co-founder’s signatures; company denies the charges.

*Logistics & Infrastructure*
• Delhivery rejigs senior management: COO Ajith Pai to exit, while Vani Venkatesh elevated to Deputy CEO.
• India’s maritime capabilities could emerge as an unexpected advantage over China.

*Energy & Geopolitics*
• Iran and Oman move closer to a deal over the Strait of Hormuz, but Tehran says the waterway will not reopen immediately.

*Politics & Policy*
• Day after PM Modi-Sukhbir Badal meeting, SAD backs delimitation and women’s reservation bill.
• DMK and AIADMK MPs skip Tamil Nadu CM C Joseph Vijay’s delimitation meeting.
• NCP feud intensifies as Pawar loyalists target Sunil Tatkare and Praful Patel.
• Bengal CID questions TMC leader Abhishek Banerjee’s close aide for around 10 hours in a land fraud case.
• Dharmendra Pradhan says he quit after attempts were made to “mislead” Gen Z during NEET protests.
• Rahul Gandhi targets the government at ‘Chhatron ki Goonj’ event, saying: “Dard aapka, Data aapka, Daulat inka.”
• Prayagraj students praise Rahul Gandhi’s focus on youth issues but question implementation.
• Rahul Gandhi’s student outreach failed to match CJP’s impact, says Shashi Tharoor.

Jai Hind
Rudra Hai to Mudra Hai
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