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30/08/2026
*Financial News*
Source: Leading newspapers
*Compiled by Rudra Shares*
Vande Mataram
Sunday, 30 August 2026
*Commodities*
• Silver (Spot): Rs 2,43,862
• Gold (Spot): Rs 1,58,854
• Commodity derivatives explode: MCX records all-time high of Rs 62.93 lakh crore
*Automobile*
• Passenger vehicle and 2W retail demand strengthens in August ahead of festive season on strong Onam pull: Report
• Petrol is losing ground, so carmakers are lining up plans B, C and D
• Ather Energy launches Konarc electric scooter starting at Rs 99,999; targets mass-market buyers
*Banking & Financial Services*
• Bankers question role of RP in the Subhash Chandra case and how net worth was computed
• HDFC Bank MD Sashidhar Jagdishan decides not to seek reappointment, to retire in October
*Pharmaceuticals & Healthcare*
• Cipla Pharma license cancellation: FDA withdraws order after HC raps it for going 'overboard'
*Mining, Metals & Energy*
• Coal India says gasification scheme rules may favour private sector players
• ‘Tata Chemicals acquires US soda ash contracts worth over 500,000 tonnes
• Flood-hit Nepal seeks early power from India as 550 MW generation capacity knocked out in a 'flash'
*Business*
• Max Estates to enter Delhi housing mkt with 84 acre land deal in Najafgarh
• ‘Everest Hing ban: FSSAI bans sale of Laljee Godhoo, Everest compounded asafoetida over 'misbranded and sub-standard' products
• Gujarat aims to catch US shrimp orders with turtle-safe nets
• Modi, Putin will head to a tech bazar before BRICS
*Politics & Government*
• Nepal floods: Shiv Sena sends its leader Rahul Kanal to Kathmandu to help bring stranded tourists back
• Karnataka to name Karwar medical college after Ramakrishna Hegde: DK Shivakumar
• Akhilesh-Jayant sparring takes caste turn in UP
• Rahul seeks FIR over 'purification' act
• Rahul lying, even Haldwani Valmikis say so: BJP
• Patnaik urges Odisha BJP MPs to oppose Mines Bill
• ‘GST Council’s 57th meeting on September 12; GST registration simplification for large businesses on agenda
*Capital Markets & IPOs*
• Rs 70,000 cr IPOs in Sept? Jio, NSE could fuel a record month
• Vijay Kedia-backed Asuthosh Fibre draws Rs 16 crore from anchor investors ahead of IPO
• Hero Motors reduces IPO size to Rs 1,000 crore, revises fresh issue component
*Jai Hind*
*Rudra Hai to Mudra Hai*
For more details:
www.rudrashares.com/cef