A relentless drop in China’s long-end yields is driving an aggressive curve flattening, laying bare a stark macro rift with global markets where long-dated rates have hit multi-year peaks. Yields on 30‑year government bonds have extended declines.
- Gaja Capital IPO: ₹550 crore issue opens today; here’s what brokerages recommend
The ₹550-crore initial public offering (IPO) of Gaja Alternative Asset Management, which operates under the Gaja Capital brand, will open for subscription on Wednesday, August 19. The three-day bidding process will close on August 21.
- L&T Technology Services shares in focus after bagging $75 million deal for digital engineering services
Shares of L&T Technology Services are in focus on Wednesday, August 19, after the company said it has secured an agreement with a leading global technology enterprise for over $75 million. This is a part of the five-year agreement.
- Nasdaq 100 sheds over 500 points as Chip stocks lead Wall Street sell-off on Tuesday
The Dow Jones outperformed its peers but ended with losses of 120 points, having shed another 270 points on Monday as well. The S&P 500 fell 0.7%, while the Nasdaq Composite ended with losses of 1.3%. The Nasdaq 100, which comprises particularly of chipmaking companies, shed over 500 points or 1.7% on Tuesday.
- Trump pauses 50% Canada tariffs for three days, says trade deal reached
US President Donald Trump has paused new 50% tariffs on nearly $20 billion worth of Canadian imports for three days after announcing that Washington and Ottawa had reached a trade agreement, subject to the completion of paperwork.
- Bitcoin is overdue for moves of 30% or more, Fundstrat says
Bitcoin could be poised for a move of around 30% or more over the next two months as volatility in the world’s largest cryptocurrency sits near historic lows. Bitcoin is showing its most encouraging signs yet of establishing a long-term bottom after months of weakness.
- How’s India’s government capex holding firm despite fiscal pressures
Fiscal stress from the war in West Asia hasn’t squeezed the government of India’s capital expenditure (capex) in the first three months of the current financial year. The Union government’s total capex has gone up 24% between April and June 2026 to over ₹3.07 lakh crore even as the fiscal deficit widened to a similar amount in the same period.
- PVR founder Ajay Bijli makes music debut with three-song EP ‘On Another Note…’
Ajay Bijli, founder of PVR and managing director of PVR INOX, has made his debut as an independent music artist with a three-song EP titled “On Another Note…”. Released on August 18 and distributed by Warner Music India.
- UAE suspends trade with Iran after Tehran fires ballistic missiles towards Gulf state
The United Arab Emirates halted all trade, commercial exchanges and financial transactions with Iran until further notice, after Tehran fired two ballistic missiles towards the Gulf state in an attack that marked Iran’s first known strike on the UAE since May.
- Extreme rain alert for southeast Uttar Pradesh; Delhi set for a wet Wednesday
Southeast Uttar Pradesh faces the risk of extremely heavy rainfall on Wednesday, August 19, while Delhi is likely to receive several spells of rain through the day, according to the India Meteorological Department.
- India’s new PNG incentive scheme from Sept 1: How will households benefit
The government has approved an incentive scheme to accelerate the expansion of domestic piped natural gas (PNG) connections, with the scheme set to take effect from September 1, 2026. The scheme will incentivise city gas distribution (CGD) companies.
(Edited by : JUVIRAJ ANCHIL)
