
IDBI Bank shares down 16.5% after govt stake sale plan is reportedly scrapped
IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.
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IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.

India’s second-largest tractor manufacturer, TAFE, plans to invest up to ₹1,250 crore in a new north India manufacturing plant as the company expands capacity to meet rising domestic and export demand.

An Indian-owned pharmaceutical facility in Ukraine’s Sumy region has suffered a second major Russian drone attack, killing one employee and injuring several others. Kusum Healthcare said the latest strike caused extensive damage to its manufacturing operations and could result in losses exceeding $50 million.

The Cockroach Janta Party (CJP) has accused the Union government of failing to honour commitments made after its Jantar Mantar protest ended in July. The group said its National Working Committee will meet on August 24 to decide its next course of action and hinted at a possible fresh protest.

The Indian Army has signed its first contract for the US-made FGM-148 Javelin anti-tank guided missile, nearly 17 years after it began pursuing the weapon, with the limited emergency purchase potentially paving the way for future production in India.

The European Central Bank has warned that a surge in debt issuance by major US technology companies to finance AI data centres could eventually compete with European government bonds for investors, potentially driving borrowing costs higher.

The political dispute over delayed ₹3,000 monthly assistance under West Bengal’s Annapurna Yojana has intensified, with Mamata Banerjee accusing BJP leader Suvendu Adhikari of threatening to restrict her movement after she criticised the government over women being excluded from the scheme.

San Francisco’s rent surge is exposing a housing affordability problem rather than a broad real-estate downturn, while India’s major cities are also seeing rising prices and a growing shift toward premium housing.

A mass protest by Punjab government employees in Jalandhar turned tense after Chief Minister Bhagwant Mann cancelled scheduled talks, leading protesters to clash with police barricades and scale the walls of the Deputy Commissioner’s office complex.

Decorated former IAF Group Captain Abhinandan Varthaman, who rose to prominence after the 2019 India-Pakistan aerial confrontation, has reportedly joined Goa-based regional airline FLY91 as a pilot.

Chennai Super Kings have appointed former India fast bowler Zaheer Khan as their new head coach for IPL 2027, ending Stephen Fleming’s 18-year association with the franchise. The appointment marks a major change in CSK’s coaching setup after the team missed the playoffs for a third consecutive season.

nion Minister Kiren Rijiju has defended Prime Minister Narendra Modi's limited use of formal press conferences, saying Modi prefers direct public engagement and has given numerous interviews to journalists.