Markets Dip, IPOs Stay Hot 🔥
Your daily dose of business news
🗞️ RBI Hints Rate Hike Pause, Warns on Tariff Risks
The RBI Monetary Policy Committee left the repo rate unchanged at 6.5% for the eighth consecutive time but flagged concerns over rising tariff barriers globally. This suggests the rate cut cycle is over, with inflation and global trade tensions being key risks.
💬 Expert Take:
“Rate stability signals policy caution amid uncertain global macros.” — J. Mehra, IDFC First Bank
🗞️ Trump’s 50% Tariffs May Hit India’s GDP by 1%
If re-elected, Donald Trump plans to impose a blanket 10% import tariff and 50% duty on China. Analysts warn this could dent India’s GDP growth by 1%, mainly via lower exports and reduced FDI inflows.
🗞️ OpenAI’s GPT-5 Release Nears Amid Rising Expectations
OpenAI is gearing up for the release of GPT-5, expected to launch in the next few months. The model promises major improvements in reasoning, memory, and task automation, fueling fresh excitement in the AI race.
🗞️ Fibe Plans ₹1,500 Cr IPO at $1 Billion Valuation
TPG-backed Fibe (formerly EarlySalary) plans to raise ₹1,500 crore via an IPO at a valuation of over $1 billion. The fintech lender joins the growing list of startups hitting public markets for growth capital.
🗞️ IKEA Supplier SKAPS Industries Eyes ₹1,800 Cr Valuation in IPO
SKAPS Industries, a key supplier to IKEA, is launching a ₹400 crore IPO targeting a ₹1,800 crore valuation. However, high dependence on one customer is seen as a red flag by analysts.
🗞️ Instamart’s Growth Stumbles Amid Internal Woes
Swiggy’s Instamart is facing setbacks due to tech bugs, delivery challenges, and stalled innovation. Despite early success, it now struggles to keep pace with rivals like Zepto and Blinkit.
🗞️ Trump Plans 100% Tariff on Chips Not Made in US
Donald Trump has proposed a 100% tariff on semiconductors manufactured outside the US, unless companies shift production domestically. This could severely impact global chipmakers like TSMC and Samsung.
🗞️ PTC India Q1 Profit Soars 61% to ₹243 Cr
PTC India reported a 61% YoY rise in net profit to ₹243 crore for Q1FY26, driven by strong volumes in the short-term power market. Revenue stood at ₹3,568 crore.
📊 Market Update – Aug 7, 2025
📈 Sensex: 80,623.26 ▲ +79.27 (+0.10%)
📈 Nifty 50: 24,596.15 ▲ +21.95 (+0.09%)
💵 USD/INR: ₹87.70 (steady amid RBI intervention)
🪙 Gold (24K): ₹102,155 / 10 g — gold hits all‑time high on safe‑haven demand
🛢️ Brent Crude: ~$84.45/bbl (flat)