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Tata Power (TATAPOWER) Shares Drop 4% to ₹349.20 After Court Rejects Challenge to $490 Million Award
Tata Power shares fell nearly 4% to ₹349.20 on Thursday, August 27, 2026, after a Singapore court setback. The Singapore International Commercial Court dismissed all of Tata Power’s challenges to a $490.32 million arbitration award favoring Kleros Capital Partners. The stock opened at ₹359.20, its intraday high, before sliding to a day’s low of ₹348.10. …
Nepal Floods Hit Indian Stocks: Emami (EMAMILTD) Slides 3%, NHPC Falls 1% as Operations Face Disruption
Nepal’s deadly flash floods are weighing on Indian stocks with exposure to the country. On August 27, 2026, Emami (EMAMILTD) fell as much as 3.35%, while NHPC also traded lower as investors assessed possible disruption to operations. Floodwaters have damaged roads, bridges and power infrastructure, raising concerns about supply chains and business activity. Investors are…
Sensex Drops Nearly 300 Points, Nifty 50 Slips Below 24,200 as HDFC Bank Shares Lead Decline
The Sensex fell nearly 300 points from its intraday high on August 27, 2026, while the Nifty 50 slipped below the 24,200 mark after touching 24,297. HDFC Bank shares led the decline, putting pressure on both benchmarks despite lower crude oil prices and gains in Asian technology stocks. With heavyweight stocks under selling pressure, investors…
US Disrupts China-Linked Hacking Network Targeting NASA, Federal Reserve and Senate
NASA was among several federal agencies breached by a China-affiliated hacking network, the Justice Department confirmed Wednesday, August 26, 2026. Authorities seized domains tied to two hacking platforms, dubbed QScan and QTRouter, used since at least 2018. The Federal Reserve, US Senate, Department of Justice, and Department of Energy were also confirmed victims. FBI Director…
KOSPI Rebounds 0.97% as Leveraged ETF Outflows Ease Chip Volatility
KOSPI climbs 0.97% to 6,808 as Samsung and SK Hynix gain on chip strength and lower oil prices. Leveraged ETF outflows of nearly $1 billion signal cooling AI investment fervor in South Korea.
US Core PCE Holds at 3.3% in July, Dollar Edges Higher on Inflation Data
US core PCE inflation held steady at 3.3% in July 2026, matching expectations but staying well above the Fed’s 2% goal. The dollar rose slightly as markets await Jackson Hole guidance.
Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.