*Financial News*
Source: Leading newspapers
*Compiled by Rudra Shares*
Vande Mataram
Saturday, 29 August 2026

*Commodities*
• Silver (Spot): Rs 2,43,862
• Gold (Spot): Rs 1,58,854

*Market & Economy*
• Industrial output grows 6.7% in July
• At $729 billion, forex kitty hits a record
• RBI steps up intervention as rupee remains locked in narrow range
• Warsh's Jackson Hole speech tests Fed policy messaging
• Short-term US Treasury yields jump as Fed Chair Warsh vows to pull down inflation
• Kevin Warsh warns inflation isn’t slowing, vows to hit Fed’s 2% target

*Banking & Financial Services*
• DHFL case: ED freezes bank deposits worth Rs 51.75 crore
• HDFC Bank stock rebounds after one-year low
• Tata Group, Shapoorji Pallonji explore liquidity options as lenders seek concrete exit plan

*Automobile & EV*
• TVS Motor names global biz head Peyman Kargar as next chief executive
• Mahindra Group expands Battery-as-a-Service model to entire eSUV portfolio
• Ola Electric shares gain as new S1Z scooter brings in-house Bharat Cell to mass market

*Defence*
• BDL, HAL, other defence shares fall as govt opens general export licence framework

*Healthcare & Pharmaceuticals*
• ANHVL to invest ₹2,200 crore to expand bed capacity to 2,500 in 4-5 years
• Maharashtra FDA cancels drug sale licences of Cipla Pharma & Life Sciences's Pune Carry and Forwarding unit

*Consumer & FMCG*
• Peg by peg, Vodka's share is rising in India
• North Indian tea industry faces crisis as auction prices drop 17% amid production challenges
• Maharashtra sugarcane farmers seek higher prices after sugar rally
• Food safety is putting India’s restaurants under pressure and the industry wants a fix, not blame

*Capital Markets & IPOs*
• Tempsens Instruments shares make blockbuster debut, list at 111% premium
• Purple Style Labs IPO to open on Aug 31; 8 investors pick up Rs 306 crore worth shares via anchor book
• Priority Jewels IPO fully subscribed on Day 1 so far, retail portion booked nearly 1.8 times
• Lumino Industries IPO subscribed 1.9 times; retail portion booked 2.3 times, NII quota 3.5 times
• SEBI clears Jio Platforms IPO, set to be India’s biggest public issue at Rs 37,000 cr
• Sumex Engineering IPO subscribed 152 times on final day, GMP spikes to around 35%
• Vijay Kedia-backed Asuthosh Fibre draws Rs 16 crore from anchor investors ahead of IPO
• SEBI bars Trafiksol, promoters for one year over IPO disclosure lapses
• Sebi extends ETF norms implementation timeline to September 7

*Technology & IT*
• Infosys says public services CEO unreachable after deadly Nepal flood
• Just Dial shares hit 10% upper circuit; Kotak bets new CEO strategy for growth, massive upside

*Misc*
• CNG price hiked by Rs 3.89/kg in Delhi-NCR amid West Asia crisis
• 'Essel Group's Subhash Chandra seeks independent audit to examine his debt

*Government & Politics*
• Centre weighs special Parliament session in September for women’s quota bill
• BJP’s ‘Special-45’ tasked with cracking youth vote ahead of polls
• Gujarat launches first state-level sports genomics programme
• Signboard row: Mamata Banerjee seeks release of 13 arrested
• Suvendu Adhikari slams 'Azadi' slogans at JU, says time to end threat culture

*Jai Hind* 
*Rudra Hai to Mudra Hai* 
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