Tata Power share price came under pressure, falling over 4 per cent on Thursday after the company lost its challenge to a $490 million arbitration award against Kleros Capital Partners concerning a proposed bid for a coal asset in Russia.

As of 10:21 AM, the company’s share price was trading 3.98 per cent lower at ₹349 apiece; meanwhile, Nifty 50 was trading 0.07 per cent lower at 24,188.75. Intraday, the stock fell 4.3 per cent to ₹348.20.

India’s central bank is intensifying efforts to support the rupee, emboldened by a jump in its foreign-exchange reserves to contest the pressure from higher oil prices.

The Reserve Bank of India has decided to shift to a more constant pattern of intervention to support the currency over the past month, thanks to the level of foreign deposit inflows, whereas previously it would largely step in to curb bigger swings, according to a person familiar with the matter.

Foreign portfolio investors (FPIs) have pumped in Rs 27,186 crore ($2.849 billion) so far in August 2026 in the Indian equity markets according to the latest data with National Securities Depository Services Ltd (NSDL), marking the second consecutive month of foreign portfolio investor (FPI) inflows.

The net inflow in August is the highest since September 2024, when FPIs had pumped in Rs 57,724 crore ($6.890 billion) in Indian equities.

The death toll in the massive flash floods in Nepal on Thursday rose to 270, as authorities in Nepal race against time to find thousands of missing people, including 288 Indian tourists, in one of the country's worst disasters in recent years.

The flash floods on Wednesday wreaked havoc across three districts in Nepal.

As RBI's concessional swap window draws to a close this month end, State Bank of India (SBI) Chairman C S Setty has expressed confidence that the bank would garner about $10 billion from non-resident Indians and foreign investors.

"In aggregate, we must be reaching the $10 billion mark, predominantly coming from the deposit side. But there is visibility of ECBs.

Tata Communications and Tata Motors Passenger Vehicles (TMPV) on Tuesday announced a collaboration to equip the Sierra.ev with in-built 5G cellular connectivity, a move aimed at accelerating the deployment of Software-Defined Vehicles (SDVs) in India.

Under the partnership, the Tata Communications MOVE Connected Vehicle Platform will be integrated with the car's SDV platform N.IO. The integration will provide seamless connectivity and digital-first in-vehicle experiences, a joint statement said.

Transfer of all Defence Research and Development Organisation (DRDO)-developed conventional missile system technologies to India’s private defence industry for domestic production was approved on Tuesday by Defence Minister Rajnath Singh, in a bid to transition these weapons from development to production.

Wind turbine maker Suzlon on Tuesday said it has secured a new wind energy order of 250 MW from Torrent Green Energy.

This sixth order from Torrent takes the cumulative partnership between the two companies to over 1.3 GW across three key states - Gujarat, Karnataka, and Madhya Pradesh, a company statement said.

On completion of a decade of the Unified Payments Interface, Prime Minister Narendra Modi on Tuesday hailed it as a major turning point in India's digital payment journey and said its sheer scale is something every Indian must be proud of.

The UPI was launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI).

President Donald Trump's administration on Monday released a proposed regulation to codify an unprecedented more than $100,000 fee on new H-1B visas for highly skilled foreign workers that Trump first imposed last year but has been blocked by the courts. The fee first imposed by Trump in a temporary proclamation last year vastly raises the cost of the visas that are heavily relied on in the tech, education and research sectors. A federal judge in June ruled that the fee was illegal and blocked the ‌Trump administration from collecting it.

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