Mumbai, India — The Indian stock market ended almost flat on Friday, August 21, with the SENSEX and NIFTY50 extending their gains for a second consecutive session but giving up most of the day’s momentum by the close. Gains in major banking, power and infrastructure stocks were largely offset by declines in IT, auto and consumer-focused shares.
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Upcoming IPOs Next Week: 9 Issues to Open
New Delhi, India — The Indian IPO market is set for another busy week, with nine public issues scheduled to open and eight companies lined up for stock-market listings, according to the supplied market schedule. The upcoming IPOs include Hy-Tech Engineers, Skyways Air and Symbiotec Pharmalab, while the broader primary-market activity comes as Indian equities ended lower for a second consecutive week.
Trump Administration Unveils $500 Million Push for US Minerals
WASHINGTON, United States — The Donald Trump administration is moving to strengthen the United States’ domestic supply of critical minerals with $500 million in federal grants for seven companies developing lithium, cobalt, battery recycling and other materials projects, according to a U.S. Department of Energy funding document.
IEX Q4 Results: Profit Jumps 11% as ₹2 Dividend Announced
NEW DELHI, India —IEX Q4 Results: Indian Energy Exchange (IEX) reported an 11% year-on-year increase in consolidated net profit for the January-March quarter of FY26, while revenue and EBITDA also recorded double-digit growth. The company posted a net profit of ₹130 crore, compared with ₹117 crore in the corresponding quarter a year earlier, and announced a final dividend of ₹2 per share.
US Debt Crosses $40 Trillion for First Time
WASHINGTON, United States — The US debt has crossed $40 trillion for the first time, underscoring the growing pressure on Washington’s finances as rising interest costs, expanding social-safety-net spending and tax policy continue to widen the gap between federal revenues and expenditures.
Donald Trump Crypto Meeting Comes as SEC Advances Rules
WASHINGTON, United States — President Donald Trump is set to host cryptocurrency executives at the White House on Wednesday as US financial regulators move forward with proposed rules for certain digital assets, putting the crypto industry in focus as lawmakers continue to debate broader legislation.