• Bilkul Bazaar
• 9:00 PM |  27 Aug – 28 Aug 2026

 National Business News Highlights

1. India’s forex reserves hit a record $729.33 billion
India’s foreign exchange reserves jumped $12.42 billion in a week to a new record of $729.33 billion as of August 21, supported by strong foreign-currency inflows.

2. Sensex rebounds 331 points; Nifty back above 24,150
Indian equities recovered on Friday after two sessions of losses. The Sensex gained 331 points to 77,264, while the Nifty rose about 85 points to 24,176, led by technology stocks.

3. Rupee gains as dollar inflows strengthen
The rupee closed at ₹95.3775 per US dollar, gaining 0.2% on Friday. Strong dollar liquidity ahead of the end of the RBI’s special NRI deposit scheme supported the currency.

4. Bank deposits and credit decline in latest fortnight
Bank deposits fell by about ₹6,534 crore, while bank credit declined by ₹70,639 crore in the fortnight ended August 15, according to RBI data.

5. August emerges as India’s strongest IPO month of 2026
Six of the year’s top 10 mainboard IPO debut performers have come in August. Tempsens Instruments delivered a remarkable 93.57% listing-day gain, the best among 2026’s mainboard IPOs so far.

6. IPO fundraising gathers pace
July and August together accounted for 33 IPOs raising ₹49,592 crore, nearly 69% of the total mainboard IPO fundraising so far in 2026.

7. Purple Style Labs raises ₹306 crore from anchor investors
The parent of Pernia’s Pop-Up Shop raised ₹306 crore from anchor investors ahead of its ₹680-crore IPO, which opens on August 31.

8. ESDS Software Solution IPO opens with ₹720-crore issue
ESDS Software Solution’s public issue opened on August 28 with a price band of ₹408–429 per share. The company is seeking to raise about ₹720 crore.

9. Annu Projects IPO crosses 2.9 times subscription
The ₹94–99-per-share IPO of Annu Projects was subscribed 2.93 times as bidding entered its final day on August 28.

10. AI begins reshaping India’s D2C logistics
Logistics technology companies including ClickPost, Shiprocket, Unicommerce and Zippee are deploying AI for customer communication, courier allocation and last-mile operations, with reported reductions in return-to-origin rates of up to 20%.

---

🌍 INTERNATIONAL BUSINESS

1. Canada’s economy rebounds sharply in Q2
Canada’s economy recorded a strong rebound in the second quarter after six months of virtually no growth, helped by stronger domestic demand and exports.

2. German industry calls for tougher China trade policy
German industry leaders are pressing Chancellor Friedrich Merz for stronger measures against Chinese competition, citing subsidies and a widening German trade deficit with China.

3. Shein prepares for Hong Kong market debut
Chinese fast-fashion giant Shein is set to make its market debut in Hong Kong, marking a significant shift after its earlier ambitions for a US or UK listing.

4. Iran conflict pushes up US transport fuel surcharges
The continuing Iran conflict has raised fuel costs for US transport companies. UPS and FedEx have increased fuel surcharges, while shipping companies are also benefiting from higher emergency charges.

5. Global markets brace for a volatile September
Markets are heading into September facing multiple risks: persistent inflation, high government debt, geopolitical tensions, oil-price uncertainty and upcoming US and Japanese central-bank decisions.

---

💬 QUOTE OF THE DAY

“The major concern for the global economy right now is not so much crude but refined products.”

BILKUL BAZAAR — BUSINESS TAKEAWAY

India’s business story today was dominated by record forex reserves, a recovering stock market and an exceptionally strong IPO pipeline, while globally, tariffs, energy costs and China-related trade tensions remained the major themes.

Note: You can support us by sponsoring this column. Write at editorbilkul@gmail.com 🌷 Thank You