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INDIA BUSINESS | Sun, 2 Aug 2026, 12:09PM IST Just as India bypassed copper landlines to become a global mobile data leader, it can now bypass the West's CPT-coded sick-care bureaucracy and build AI-powered, personalised healthspan infrastructure for the world.

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INDIA MARKET | Sun, 2 Aug 2026, 12:04PM IST Investors are becoming more selective about AI-linked stocks, rewarding companies such as Microsoft and Amazon for showing clear returns from their investments while penalising Meta and Alphabet for rising spending and weaker cash flows. Despite strong earnings growth across the US and Europe, European equities have outperformed as gains broaden beyond technology into financials, energy and healthcare.

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INDIA MARKET | Sun, 2 Aug 2026, 12:04PM IST Last week, the BSE benchmark Sensex climbed 2,034.87 points, or 2.67 per cent, and the NSE Nifty surged 616.15 points, or 2.59 per cent.

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INDIA MARKET | Sun, 2 Aug 2026, 12:03PM IST Spider-Man: Brand New Day has officially hit the Indian theatres on July 30, and released internationally on July 31

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INDIA MARKET | Sun, 2 Aug 2026, 12:01PM IST Rashmika Mandanna has reportedly suffered a hip injury while shooting and has been advised six weeks of rest.

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INDIA BUSINESS | Sun, 2 Aug 2026, 11:59AM IST Engineering firm Case Group expects a two-fold jump in turnover to around Rs 200 crore this fiscal from Rs 100 crore in the last year, driven by a healthy order pipeline and planned capacity expansion, its Managing Director Roger Kumar said. The company, which manufactures coal gasifiers and other industrial equipment, asserted that order execution is not a challenge, even if the pipeline reaches Rs 500 crore. "We have the orders. Then it is hard work - how to execute them. That's all. We have a very strong after-sales team. They handle erection and commissioning, physically monitor the equipment and support the customer. So, on that basis, even if today we have orders worth Rs 500 crore, execution is not a problem," Kumar told PTI in an interview. The company has a pending order book of Rs 40 crore from the previous fiscal and expects more orders of Rs 60 crore in this year, Kumar said. Case Group is also setting up a new fabrication facility in Raipur with an investment of about

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INDIA MARKET | Sun, 2 Aug 2026, 11:54AM IST Prior to the four-month selling spree, FPIs had invested Rs 22,615 crore in Indian equities in February.

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INDIA MARKET | Sun, 2 Aug 2026, 11:47AM IST That earlier truce unravelled after fighting between Washington and Tehran resumed on July 8.

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INDIA BUSINESS | Sun, 2 Aug 2026, 11:44AM IST Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequacy exceeds 18 percent, well above regulatory requirements. This strong capitalization means no market fund raising is planned for growth initiatives. PNB expects its net profit to surpass twenty thousand crore rupees this financial year. Loan growth is projected at twelve to thirteen percent while deposits will grow nine to ten percent.

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INDIA MUTUAL FUNDS | Sun, 2 Aug 2026, 11:42AM IST With over a decade of experience in equity research, portfolio management and fund management, Union Mutual Fund's fund manager shares his career journey, investment philosophy and the principles that guide his approach to creating long-term wealth for investors.

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INDIA NEWS | Sun, 2 Aug 2026, 11:42AM IST New Delhi: The country's largest automaker Maruti Suzuki India has reported its highest-ever monthly production at 2,48,845 units in July, a jump of 33 per cent, over the same month last year. The auto major had produced 1,87,073 units in July 2025, as per a regulatory filing by the company. The company's best monthly production performance till now was in March 2026 when it rolled out 2,31,933 units from its factories. Despite the record production, Maruti Suzuki India Ltd (MSIL) Senior Executive Officer, Marketing & Sales, Partho Banerjee said the company's dealer inventory is much lower compared to average as it registered retail sales of 1.78 lakh units in July. "Our network stock is just 16 days across the (dealer) network," he said, adding that the company has pending bookings of around 1.6 lakh units. On an average, the industry dealer inventory is around 30 days. The car market leader has also reported best ever passenger vehicle wholesales in the domestic market at 1,96,203 units last month as compared to 1,37,776 units in July 2025, a growth of 43 per cent. Total domestic sales, including LCVs, reached an all-time high of 2,00,123 units. According to the filing, last month the company produced 13,964 units of S-Presso and Alto. It had rolled out 11,484 units in the year-ago period. Similarly, the company manufactured 1,13,067 units of compact models like Baleno, Celerio, and Swift last month, an increase of 29 per cent as against 87,950 units in July 2025. Production of utility vehicles like Brezza, Ertiga, and Fronx rose to 1,02,787 units last month as compared with 70,241 units in July last year, a jump of 46 per cent. The company said it manufactured 14,627 units of Eeco van last month, an increase of 7 per cent as against 13,610 units in July last year. Similarly, production of light commercial vehicle Super Carry rose to 4,400 units as compared with 3,788 units in the same month last year. With the start of production at the fourth plant (Plant D) at Hansalpur, Maruti Suzuki's total manufacturing capacity across Haryana and Gujarat has risen to 29 lakh units per annum.

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INDIA BUSINESS | Sun, 2 Aug 2026, 11:42AM IST Maruti Suzuki produced a record 2,48,845 vehicles in July, up 33% year-on-year, driven by strong demand across segments. Despite record output and sales, dealer inventory remained at just 16 days, well below the industry average, with pending bookings of around 1.6 lakh units.

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INDIA MARKET | Sun, 2 Aug 2026, 11:32AM IST Trendlynes consensus estimates identify 10 BSE large-cap stocks with potential upside of 25% to 37% over the next 12 months. HDFC Bank and HDFC Life lead the list, followed by ICICI Prudential, Axis Bank, Reliance Industries, Swiggy and other prominent names.

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INDIA BUSINESS | Sun, 2 Aug 2026, 11:30AM IST MSETCL is augmenting the 220 kV Padgha-Pal transmission line capacity. This work will strengthen power supply across Kalyan and Dombivli areas. Alternative arrangements will maintain electricity supply during the ongoing project. Temporary outages may occur if the alternate line experiences technical faults. The project aims for long-term reliability and uninterrupted power supply.

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INDIA BUSINESS | Sun, 2 Aug 2026, 11:29AM IST With its capital adequacy ratio exceeding 18 per cent, Punjab National Bank has no immediate plans to monetise its subsidiaries, the bank's Managing Director and CEO Ashok Chandra said, adding that the lender will instead focus on strengthening their operations to unlock greater value in the future. PNB's capital adequacy improved to 18.13 per cent as on June 30, 2026, compared to 17.5 per cent at the end of the first quarter of the previous fiscal year. This is well above the regulatory requirement of 11.5 per cent. As the bank is well capitalised, the bank will not be raising any fund from the market to drive growth, Chandra told PTI in an interview. In fact this year, the bank will retire Rs 5,000 crore AT 1 and Tier II bonds, which are getting matured, he said, adding that this will help save Rs 300 crore as there would no longer be interest outgo on these papers. About monetisation of subsidaries or associates, Chandra said, "We don't have any plan now. In fact, we are ...

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INDIA MARKET | Sun, 2 Aug 2026, 11:27AM IST In July, foreign investors reversed their selling trend, becoming net buyers of Indian equities for the first time in four months by investing Rs 20,200 crore. This surge is attributed to appealing valuations and stronger corporate earnings. Additionally, foreign capital flowed into the debt market, signaling a shift in interest. The future of these investments hinges on both global market conditions and domestic economic indicators.

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INDIA MARKET | Sun, 2 Aug 2026, 11:25AM IST In a surprising turn of events, nine out of the top ten firms reported a significant boost in market valuation. Leading the charge was Bajaj Finance, which added an impressive Rs 80,000 crore to its overall worth. Following closely were Bharti Airtel and TCS, both witnessing notable rises in their market capitalization. Altogether, these companies recorded a combined increase of Rs 2.

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INDIA MARKET | Sun, 2 Aug 2026, 11:20AM IST Reliance Industries, Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, and Life Insurance Corporation of India (LIC) were the gainers from the top-10 pack

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INDIA BUSINESS | Sun, 2 Aug 2026, 11:20AM IST Further GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at source on overseas packages was positive. India's domestic tourism benefits from improving infrastructure and connectivity. Higher airfares make travelers more value-conscious, adapting with earlier bookings. SOTC Travel anticipates continued growth driven by rising incomes and expanding markets.

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INDIA MARKET | Sun, 2 Aug 2026, 11:08AM IST To boost the yen, Japan sells foreign currencies, which primarily includes US treasuries and uses the proceeds to buy its currency.

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INDIA MARKET | Sun, 2 Aug 2026, 11:06AM IST AI may disrupt traditional revenue streams in Indias $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also drive the sectors next growth phase. He sees opportunities in enterprise AI deployment, data engineering, cybersecurity, cloud integration and specialised chip infrastructure, while favouring financial services, healthcare and consumer services over the next three to five years.

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INDIA MARKET | Sun, 2 Aug 2026, 11:00AM IST The latest inflow marks reversal from the preceding months, when FPIs withdrew 49,340 crore in June, 32,963 crore in May, 60,847 crore in April and a massive 1.17 trillion in March

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INDIA BUSINESS | Sun, 2 Aug 2026, 10:52AM IST Renault India has reported a 27.9 per cent increase in domestic wholesales at 3,293 units in July 2026 as compared to 2,575 units in the same month last year. The company has registered double-digit year-on-year growth for the eleventh consecutive month, Renault India said in a statement. The performance was supported by sustained demand across Renault India's product portfolio and remained broadly aligned with overall industry growth during the month. "Supported by sustained demand and recent product actions, Renault India remains focused on maintaining its growth momentum and strengthening its presence across key segments of the Indian passenger vehicle market," the company said.

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INDIA BUSINESS | Sun, 2 Aug 2026, 10:50AM IST India has emerged as one of Radisson Hotel Group's strategic global growth engines and the company remains on track to reach 500 hotels target by 2030, as it is betting on emerging urban hubs and regional towns, religious tourism destinations and hotel conversions to drive its next phase of expansion, Nikhil Sharma, Managing Director & COO, South Asia, said. Backed by strong owner confidence and growing demand beyond traditional metros, the company expects faster conversion of its hotel pipeline into operational properties over the next two years while expanding deeper into Tier II, III and IV markets -- emerging urban hubs and regional towns -- leisure destinations and religious tourism hubs. "Without question. India has evolved from being an important market to becoming one of Radisson Hotel Group's strategic growth engines globally," Sharma told PTI in an interview. He said the company's India strategy was focused on execution, noting that in the first half of 2026 alone, ...

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INDIA MARKET | Sun, 2 Aug 2026, 10:48AM IST Mundhe indicated that the FDA's scrutiny would not stop at restaurants and hospital pharmacies.

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INDIA BUSINESS | Sun, 2 Aug 2026, 10:46AM IST Radisson Hotel Group targets five hundred hotels in India by twenty thirty. The company is expanding into emerging urban hubs and regional towns. Hotel conversions and religious tourism destinations are key growth drivers. Radisson expects faster pipeline conversion over the next two years. Strong domestic demand insulates India's hospitality market from global tensions.

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INDIA MARKET | Sun, 2 Aug 2026, 10:44AM IST Preeti Pawar, Priya Ghanghas and Jaismine Lamboria starred in India's record-breaking boxing campaign at the Commonwealth Games 2026.

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INDIA MARKET | Sun, 2 Aug 2026, 10:39AM IST Nearly 100 stocks, including Maruti Suzuki, ICICI Bank, Coforge and Vedanta Aluminium, will trade ex-date between August 3 and August 7 for dividends and stock splits. Key corporate actions include Maruti Suzukis Rs 140-per-share dividend, Boschs Rs 270 payout and stock splits by Tembo Global Industries and JOJO Ltd.

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INDIA MUTUAL FUNDS | Sun, 2 Aug 2026, 10:31AM IST Edelweiss Mutual Fund is launching India's first REITs-oriented index fund, the Edelweiss Nifty REITs & Realty Index Fund, offering investors diversified exposure to listed REITs and real estate companies through a single passive fund. The NFO opens on August 5 and closes on August 19, with the fund aiming to provide tax-efficient access to the listed real estate ecosystem.

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INDIA NEWS | Sun, 2 Aug 2026, 10:29AM IST Cairo: With escalating attacks against US bases and its allies over the past week, Iran's leaders are showing considerable unity over their war strategy: hanging tough, determined to show Iran can endure more than America and its allies can.But within the leadership, there are sharp differences over what the endgame should be.On one side, the ultra-hardliners who oppose any negotiations with the United States are pressing for total victory in the war. Known as the "Paydari" movement -- Persian for "stability" -- they are hard-core ideologues who want to enforce the Islamic Republic's control over society.Also Read: Trump announces pause in Iran attack after Tehran reportedly seeks talks, links move to Hormuz reopeningOn the other, those who support President Masoud Pezeshkian and powerful parliament speaker Mohammad Bagher Ghalibaf -- who doubles as Iran's chief negotiator -- see military pressure as a way to win a negotiated deal with the United States. This camp is also spurred by concern over the economic toll Iran is suffering from the war and the need to adapt to social change in the country."Negotiation is a political tool and a complement to military action to force the enemy to a point of compulsion and extract real concessions," an adviser to Ghalibaf, Mahdi Mohammadi, wrote on his Telegram channel Thursday.The unusually open rivalry within the theocracy's leadership points to a struggle for control over Iran's postwar future. A huge question mark is where the new supreme leader, Ayatollah Mojtaba Khamenei, stands. Reportedly injured in the strike that killed his father in the opening minutes of the war on February 28, Khamenei remains in hiding, and both sides have claimed his support. Iran is determined to show strength In a boost for Ghalibaf and Pezeshkian, the ceasefire deal reached with the US in April received strong backing in Iran's top leadership body, the Supreme National Security Council. Twelve of its 13 members approved it, including senior figures in the Revolutionary Guard and the military.The lone vote against the deal is widely believed to have come from Saeed Jalili, the most prominent figure in the Paydari movement.But the ceasefire crumbled as the two sides trade strikes and as Iran presses for control over passage through the Strait of Hormuz which before the war carried a fifth of the world's traded oil and gas. Iran was also frustrated that financial promises under the deal -- including the release of billions of frozen assets -- didn't materialise, and now the American blockade is back in place.With no benefits from the deal, "there's no serious division" in the leadership over how to respond, said Ali Vaez, Iran project director at the International Crisis Group.They believe US President Donald Trump "only understands the language of force, and therefore, they would have to gain the upper hand in order to compel him to deliver," Vaez said.Also Read: Hormuz oil shuttling trade is picking up again after lull The hard-liners are pressuring Iranians The funeral for slain Iranian supreme leader, Ali Khamenei, earlier this month appeared to show the strength of the ultra-hardline Paydari. Crowds called for revenge on the US and Israel for the war. Videos showed mourners in Tehran welcoming Jalili, while Pezeshkian was greeted at one point with insults and cries of "Death to the compromiser!".The ultra-hardliners have used nightly rallies and their control of state television, known by the acronym IRIB, to drum up opposition to negotiations. At rallies and on TV, speakers have portrayed Iran as headed for total victory and denounced those who compromise with the Islamic Republic's archenemy, the United States.State television cut off a June 30 live broadcast with Ghalibaf as he discussed negotiations with Washington. Earlier this month, it cut off broadcasting a speech by Pezeshkian to businessmen seconds after he said that the elder Khamenei had given permission for renewed US talks before his death.Pezeshkian and his camp have pushed back, portraying IRIB as dividing the country at the time of war. The president accused the broadcaster of making it like "the military are on one side, and the government is on another side."Last month, the president's media office condemned state television for what it described as "censoring" the president and other government heads, signaling an open rift.The hard-liners have sought to press their influence in other ways. In past weeks, authorities shut down cafes in central Tehran that were popular with residents during the ceasefire. Videos on Iranian social media showed many women at the cafes flouting mandatory veiling laws, and crowds mixing freely.The closures were brief but signalled that "religious extremist parties" were showing their influence, said Mohamad Ali Abtahi, a reformist cleric and an aide to former President Mohammad Khatami, who is still widely considered to be the leader of Iran's reformist groups.While Jalili's supporters are a minority they are influential, said Vali Nasr, professor of International Affairs and Middle East Studies at Johns Hopkins University."They have a lot of money. They have a lot of power. They have put a lot of people in the bureaucracy" and developed connections in the Revolutionary Guard, Nasr said. The pragmatists say the public must be heard The more pragmatic camp argues that maintaining unity during the war requires addressing the public's unhappiness over the economy as well as political and social repression. This, as Iran's currency continues to slide, inflation spirals, and unemployment rises. A final agreement with the US could bring Iran a huge windfall with the lifting of sanctions and the return of billions in assets.Small flashes of impatience with the war have emerged. In July, over 250 former lawmakers, clerics, professors and other public figures signed an anti-war petition warning of the costs of the conflict. "We believe that the overwhelming majority of the Iranian people want peace and the right to a decent life," the statement read. Others have spoken out against stepped-up executions of protesters following wide-scale anti-government protests in January.A top reformist party that assisted Pezeshkian's presidential campaign warned that the war's domestic toll was "undermining internal social cohesion." That brought a rebuke from Tasnim, a news agency close to the Revolutionary Guard, which said the statement amounted to blaming Iran for a war started by the United States.In mid-July, the president's son and influential adviser, Youssef Pezeshkian, posted a series of messages about the need to balance realistic military aims with a weak economy. Referring to the decades of sanctions and confrontation with the West, he said Iran has "been prevented from growing and has suffered greatly. It has become sick." Both sides are looking to what happens after the war Ultimately, both sides are jockeying for power after the war, given the unusual uncertainty brought on by the change in the supreme leadership. Abtahi, the reformist cleric, said Mojtaba Khamenei's real views are still not known, so while some believe he could be more radical than his father, others see the potential for him to bring moderate change.The supreme leader, because of the power invested in him, could act as a "brake" to restrain the more extremist factions, Abtahi said. But over time, the confrontation with more radical factions could grow more dangerous "if that brake isn't used."

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INDIA BUSINESS | Sun, 2 Aug 2026, 10:28AM IST Tata Steel UK's new electric arc furnace project is on track for completion by 2028. The company anticipates securing electricity access for the facility by 2029. Discussions are ongoing with National Grid to potentially start power supply earlier. This project aims to drastically reduce site-level CO2 emissions. The low-carbon EAF project represents a substantial investment in decarbonisation efforts.

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INDIA MUTUAL FUNDS | Sun, 2 Aug 2026, 10:25AM IST Seven mutual fund NFOs from Kotak, Motilal Oswal, AlphaGrep, JioBlackRock, Edelweiss and Franklin India will open for subscription this week. The offers span index funds, ETFs, a fund of funds and a short-duration debt scheme, with minimum investments ranging from Rs 10 to Rs 5,000.

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INDIA BUSINESS | Sun, 2 Aug 2026, 10:17AM IST Tata Steel UK is expecting to secure access to electricity for its 3.2 million tonne electric arc furnace by 2029, company CEO T V Narendran said, noting that there is no delay in the construction of the project. As part of its decarbonisation plan, the steel major is setting up the UK's largest low-carbon EAF (electric arc furnace) project at Port Talbot replacing the non-operational blast furnace plant of similar capacity with an investment of 1.25 billion pounds. In a virtual interaction, Narendran, who is also the MD of Tata Steel, said the project is on track and will be ready by 2028. But the power supply may start in 2029. Talks are underway with National Grid -- the power supplier -- to work out solutions if the power supply can start early as Tata Steel UK (TSUK) will have to conduct trials before operationalising the project. "We are working with the power supplier to see if can we get some power supply before, because they are building the infrastructure. So if we can ge

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INDIA MARKET | Sun, 2 Aug 2026, 10:10AM IST Eleven penny stocks delivered multibagger returns of up to 198% over the past six months. Screened using a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares, these low-priced stocks stood out for their strong price momentum despite the high risks typically associated with the segment.

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INDIA NEWS | Sun, 2 Aug 2026, 10:04AM IST Vilnius: Stepping into the newly renovated Vilnius airport, visitors are greeted with a slew of billboards advertising products "Made in Lithuania", including cybersecurity giant NordVPN.Rather than focusing on heritage or artisanal craftsmanship promoted in similar campaigns in Italy or France, Lithuania and its Baltic neighbours Estonia and Latvia are highlighting they are home to innovation.The three countries have a growing number of startups recognised worldwide, such as online reselling platform Vinted, rideshare service Bolt and videotelephony pioneer Skype.Despite a total population of just over six million people, the Baltic states possessed around 33,000 startups last year, according to data from Lursoft IT, a Latvian company specialising in business and financial databases.They raised 20 percent more in funding in 2025 at 607 million euros ($700 million), according to Practica Capital and Firstpick's annual report on the sector.The Baltic states now have 17 "unicorns" -- startups with a valuation above $1.0 billion. 'Entrepreneurial spirit' Fewer than four decades ago Estonia, Latvia and Lithuania regained their independence but inherited inefficient factories from the Soviet Union's command economy."Regaining independence... unlocked the entrepreneurial spirit previously suppressed under Soviet rule," said Latvian-American entrepreneur Girts Graudins, who noted that the region has a history as a science and manufacturing hub going back to the turn of the 20th century.The ruins of the Soviet command economy were also a crucible for innovation, said Kadri Ukrainski, who lectures on the subject at Estonia's Tartu University."Coming from (the) Soviet times, we didn't have very good telephone systems," she said, leading to the creation of Skype -- Estonia's first, and arguably its most famous, unicorn.The app helped the once-behind country leap forward, she argued, "helping us to solve this very backward communication system".Founded in 2003 by a couple of Scandinavian entrepreneurs along with four Estonian developers, Skype had 50 million registered users worldwide by 2005, when it was sold to online auction site eBay for approximately $2.6 billion.European Union accession in 2004 also brought the Baltic states access to European markets.Estonia, with a population of 1.3 million, now has 10 active unicorns -- the most per capita in Europe. Startup 'multiplier effect' Although Skype is now defunct -- retired last year by Microsoft which bought the app in 2011, its legacy as the first Baltic unicorn can still be felt across the region.Known as the "Skype mafia" effect, founders and early employees took the experience they gained from the company and went on to start their own companies, inspiring others to do the same.Lithuania's first unicorn, second-hand clothing platform Vinted, has had a similar impact."Vinted's journey has certainly been intertwined with the broader development of Lithuania's startup ecosystem," said the company's vice president for corporate affairs, Jessie de la Merced, arguing that its presence has had a "multiplier effect".Vinted, which became a unicorn in 2019, reached $8 billion in market valuation in April, and Lithuania now boasts a total of six unicorns.Unicorns' effects can also be felt across the local economy, said Karolina Urbonaite, the head of Startup Lithuania, a government institution which supports the country's startup ecosystem."Our startups pay a lot of taxes. They create new jobs," she said, adding that Lithuanian startups employed over 20,000 people in total, paying high salaries and attracting foreign investment to the country.A heavy focus on STEM education (Science Technology Engineering and Mathematics) in the Baltics is also helping forge the next generation of fintech entrepreneurs.Baltic STEM students rank higher than those from France, Sweden, the United States and Norway in the OECD's latest Programme for International Student Assessment (PISA).There has also been a change of aspirations."Before, the role models were artists and musicians," said Ronny Eriksson, founder of entrepreneurship studio New Nordic Way in Finland."But now it's actually startup people and you want to become those when you grow up".

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INDIA MARKET | Sun, 2 Aug 2026, 9:53AM IST For state quota seats, the first round will be held from August 13 to August 22.

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INDIA MARKET | Sun, 2 Aug 2026, 9:49AM IST Authorities have confirmed that the threat to the public has been neutralised

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INDIA MARKET | Sun, 2 Aug 2026, 9:39AM IST Space stocks could offer significant long-term growth opportunities as the industry expands beyond rocket launches into satellites, orbital broadband, communications, defence applications and other space-enabled services, although high valuations and extreme volatility could make the investment journey uneven, according to research report by Goldman Sachs.

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INDIA CURRENCY | Sun, 2 Aug 2026, 9:37AM IST Japan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's drastic decline to levels not seen in 40 years. Sources suggest that both nations have engaged in yen-buying strategies, marking their first collaborative effort since 2011. The operation is ongoing, as officials work to stabilize the currency.

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INDIA MARKET | Sun, 2 Aug 2026, 9:35AM IST Nuvama Institutional Equities has initiated coverage on KPR Mill, Indo Count Industries and Sanathan Textiles with 'Buy' ratings, citing the global shift in textile sourcing away from China. The brokerage expects Indian textile exporters to benefit from supply chain realignment, supported by capacity expansion, policy tailwinds and improving trade access.

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INDIA MUTUAL FUNDS | Sun, 2 Aug 2026, 9:25AM IST Technology-focused mutual funds dominated the performance charts in July, with nine equity schemes delivering returns of over 10%. HDFC Technology Fund topped the list with a 16.91% gain, while international funds accounted for most of the double-digit losers during the month.

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INDIA MUTUAL FUNDS | Sun, 2 Aug 2026, 9:16AM IST Equity mutual funds delivered gains up to six percent in the last week of July. Top performers included technology and transportation sector funds which saw significant returns. SBI Technology Opp Fund and Aditya Birla SL Digital India Fund led the gains. ICICI Pru Transportation and Logistics Fund also performed well during this period. Several other tech and logistics funds also registered positive returns.

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