📰 India Business Brief: Top Headlines for August 03, 2026

Business Standard

• India's stock markets undergo a major operational shift today as SEBI introduces the Closing Auction Session (CAS) for F&O-eligible stocks and extends equity derivatives trading by 10 minutes until 3:40 PM.
• Fresh private investments in India, excluding nuclear power plans, witnessed a sharp 32% sequential decline in the first quarter of FY27, raising concerns over capital expenditure momentum.
• Indian pharmaceutical companies are reportedly in "no rush" to shift manufacturing bases to the United States despite looming threats of increased import tariffs.
• Geopolitical tensions in West Asia and local project delays have significantly dented highway construction progress during the April-May period of the current fiscal year.
• Global trade faces potential disruption as extreme heatwaves push major European rivers toward historic low levels, impacting critical shipping routes.

Economic Times

• The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has issued new re-entry rules for space objects, highlighting a critical shortage in the country's commercial space insurance capacity.
• E-commerce giant Flipkart is reportedly preparing to launch its food delivery service by mid-August, aiming to disrupt the market with competitive commissions of up to 11%.
• The Reserve Bank of India (RBI) is widely expected by economists to maintain the repo rate at 5.25% in its upcoming meeting, likely preserving a hawkish stance to combat persistent inflation risks.
• A shortage of printed circuit boards (PCBs) is triggering price hikes in the electronics industry, driven by the dual impact of the AI boom and the ongoing West Asia crisis.
• Tata Trusts has unveiled an ambitious expansion plan to establish 40-50 new hospitals and push for the creation of more world-class universities across India.

Mint

• Benchmark indices Sensex and Nifty 50 enter the new week on a positive note, having recorded their third consecutive session of gains on Friday to close at 78,094 and 24,383, respectively.
• Hyundai Motor India achieved a new milestone in July 2026, recording its highest-ever monthly sales of 75,360 units, bolstered by strong export demand.
• Mankind Pharma reported a robust 29.6% year-on-year growth in consolidated net profit for Q1, reaching ₹5.68 billion on the back of strong revenue across core segments.
• Technical analysts recommend a close watch on "breakout shares" including Jio Financial Services, GAIL, and New India Assurance Company for Monday's trading session.
• Global travel sentiment is affected as Canada's WestJet flight attendants begin a strike over pay disputes, leading to the cancellation of numerous flights and impacting approximately 250,000 travelers.

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