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Test cricket faces a complex future as financial gaps grow between wealthy boards and smaller nations. While England and India see packed stadiums, other countries struggle with costs. Journalist Ayaz Memon said, “The audience hasn’t necessarily disappeared. It has changed.” Ultimately, the format remains a vital test of skill today.
Nabard rejected its ₹8,000-crore bond issue on Tuesday after investors sought yields above 7.60%. The lender planned to borrow at lower rates, but market caution grew due to geopolitical worries. "Fund deployment has become selective as institutions prefer to wait for greater clarity," said expert Venkatakrishnan Srinivasan regarding the current situation.
The Securities and Exchange Board of India on Tuesday proposed allowing REITs and publicly-listed InvITs to raise foreign capital through depository receipts. Sebi said, "A framework for issuance of DRs will enable REITs and InvITs to issue DRs in permissible jurisdictions." This move aims to attract more global investment into India.
The RBI is weighing a new AI playbook for lenders as they ramp up tech use. The central bank is discussing broader norms for AI after a committee submitted a report in August 2025. Experts said, “I believe this will benefit the industry in terms of telling them what is allowed.”
Indian equity markets ended on a weak note on 5 August, with Nifty 50 falling 159.40 points to 24,614.90. Investors got cautious as they monitored the Reserve Bank of India Monetary Policy Committee meeting. Many stocks saw profit booking, though Nifty Media and Nifty Metal showed some resilience amid the day's volatility.
SIF assets surged ninefold to ₹17,857.77 crore since October 2025, disrupting the Indian investment market. These new funds now squeeze Category III AIFs and PMS providers, which saw growth slow down significantly. “SIFs have given very tough competition to Category III AIFs, so much so that we are struggling,” said one executive.
Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery faces an antitrust lawsuit, pushing the timeline to 2027. David Ellison said, “I believe this fight is not really about market share.” He addressed concerns about CNN, promising to protect editorial independence and keep newsrooms free from his own political views.
Persistent is on track to reach a $2 billion run-rate mark while eyeing long-term finance for acquisitions. The company won a $650 million deal over six and a half years. Teredesai said, “The Nagarro acquisition will only strengthen our position and put us on a different trajectory.” Growth remains strong.
BSE reported a 10% rise in consolidated net profit to ₹874 crore for the June quarter. The exchange got a boost from higher investment income, which more than doubled. Meanwhile, the board approved increasing its stake in India International Bullion Holding to 20% to expand its presence in GIFT City.
Bengaluru NIFT alumnus Vaibhav Anant built Bambrew, a green-tech startup that makes plastic-free packaging from bamboo and wood pulp. Started in August 2018, the company now earns Rs 2 crore monthly. It has successfully reduced over ten thousand tons of plastic waste and sells sustainable products in more than ten countries.
Sarvam AI is open to government investment after securing a $300 million funding round that valued the company at $1.5 billion. Co-founder Pratyush Kumar said, "Investments and ownership are a more detailed conversation, but we are open to it." The startup now needs more capital to build local AI infrastructure.
The 31 August ITR deadline applies to specific taxpayers, including freelancers, professionals, and small business owners. Apurv Gupta said, "The Finance Act, 2026, has amended Section 139(1) to split that into two." This date is for those filing ITR-3 or ITR-4 forms who do not need a tax audit this year.