Ashley Paul

Shah Rukh Khan beats Virat Kohli, becomes India's most valuable celebrity

Actor Shah Rukh Khan has become India's most valuable celebrity with a brand value of nearly ₹1,700 crore, according to a Kroll report. SRK moved up two places to beat cricketer Virat Kohli, who held the spot in 2024. Ranveer ranked second (₹1,550 crore), Virat ranked third (₹1,500 crore), and cricketer Sachin Tendulkar ranked fourth (₹1,200 crore).

Aug 5th, 2026

Shah Rukh Khan beats Virat Kohli, becomes India's most valuable celebrity

Jessica Rajan

The Centre is likely to launch a one-time compliance scheme from August 15 for resident taxpayers who failed to disclose foreign assets, accounts or income, Moneycontrol reported. The scheme will allow disclosures until December 31 without harsher Black Money Act penalties. It will cover taxpayers with undisclosed foreign income up to ₹1 crore or assets up to ₹5 crore.

Aug 5th, 2026

Govt to launch one-time window for taxpayers to disclose foreign assets: Report

Jayant Singh

The government has approved ₹4,687 crore in interest subsidies for ethanol projects since 2018, Minister of State for Petroleum and Natural Gas Suresh Gopi told the Rajya Sabha in a written reply. NABARD, the nodal agency under such schemes, received a total of ₹2,075 crore of subsidy since 2022-23. NABARD received subsidies of ₹600 crore each in 2024-25 and 2025-26.

Aug 5th, 2026

Govt approved ₹4,687 crore in interest subsidies for ethanol projects since 2018

Ashley Paul

Amazon Founder Jeff Bezos has filed a plan to sell $4-billion (over ₹38,000 crore) shares of his own company after they record highs over a strong quarterly earnings report. After Bezos' filing became public, Amazon shares fell 2%, closing at $277.42/share. The shares that Bezos plans to sell were the ones he received when he started Amazon in 1994.

Aug 5th, 2026

Jeff Bezos to sell his own company's 32-year-old shares worth ₹38,000 crore

Jessica Rajan

The Calcutta High Court has ruled that investments made in a child's name, including fixed deposits, cannot replace monthly maintenance after a divorce or separation. It said both parents share equal responsibility for supporting their child. The court added that maintenance must be based on each parent's income and the child's needs. Investments are meant only for the child's future.

Aug 5th, 2026

Why investments in a child's name cannot replace maintenance after divorce?

The Nifty Auto index surged 1.32% to hit an intraday high of 29424.90 after the monetary review. Expected stability in vehicle finance costs fueled fresh buying across major passenger car and commercial vehicle manufacturing counters. Shriram Finance and Mahindra and Mahindra registered prominent institutional inflows during morning trading hours.

Aug 5th, 2026

Nifty Auto Index hits fresh intraday record peak post policy

The Nifty Realty index jumped 2.4% following the central bank decision to keep interest rates steady. Lower borrowing worries boosted real estate buyer confidence across key urban developments. Sectoral winners included Godrej Properties and Oberoi Realty as market participants factored in stable home loan lending rates.

Aug 5th, 2026

Nifty Realty Index leads gains on RBI repo rate status quo

Oil and Natural Gas Corporation recorded a stellar earnings performance as consolidated net profit more than doubled to ₹17,034 crore in the first quarter. Lower production overheads and stable international crude realizations drove the earnings surge. The market reaction remained highly positive as Brent crude prices slipped below $80 per barrel.

Aug 5th, 2026

ONGC stock rallies on Blockbuster Q1 net profit surge

Jessica Rajan

Apple has expanded its trade secrets lawsuit against OpenAI, alleging more former employees may have shared confidential hardware information before leaving the company. A new court filing says an internal investigation identified at least 11 additional ex-employees who may have been involved or witnessed the transfers. The alleged leaks involve unreleased AI hardware and consumer device designs.

Aug 5th, 2026

Apple now says 11 ex-employees may have leaked trade secrets to OpenAI

Jessica Rajan

Skyroot Aerospace has invited investors to bid for a stake in the company at a $2 billion valuation, up about 80% from its last funding round, Moneycontrol reported. Instead of a traditional fundraising process, the startup is evaluating investor bids before choosing partners. The move follows the successful launch of Vikram-1, India's first privately developed orbital launch vehicle.

Aug 5th, 2026

Skyroot adopts new script, asks investors to bid instead of pitching for funding: Report

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