Essential Guide to Fire Insurance for Flat Owners

Indian stock markets are set for a strong opening on August 19, buoyed by positive trends in GIFT Nifty and a three-day rally in benchmark indices. On August 18, the Sensex rose by 676.09 points to 81,273.75, while Nifty climbed 251.20 points to 24,882.50. Factors like reducing oil prices and India's S&P rating upgrades contributed to this upward momentum. Additionally, foreign institutional investors shifted to net buyers, signaling renewed confidence. With global cues being mixed, investors are keenly watching for further developments that could influence market trends.

Airtel users across India faced significant disruptions as many reported being unable to make calls or access data services. The outage peaked around 4 PM, with over 2,500 complaints logged, affecting major cities like Bangalore, Mumbai, and Delhi. Users expressed frustration over lost connectivity, especially after recent recharges, and some threatened to switch to other service providers. In response, Airtel acknowledged the issue, assuring customers that their team is actively working to restore services and apologizing for the inconvenience caused.

Shreeji Shipping Global, a logistics firm from Gujarat, recently secured Rs 123.2 crore from major investors like Morgan Stanley and BNP Paribas before its IPO. The Rs 411-crore share sale opens for subscription on August 19, with shares priced between Rs 240-252. The company plans to invest Rs 251.2 crore from the IPO proceeds to acquire new dry bulk carriers, while also addressing its debt. With a fleet of over 80 vessels, Shreeji Shipping aims to enhance its operations in shipping and logistics across India and Sri Lanka.

US President Donald Trump suggested that Ukrainian President Zelensky could end the war with Russia "almost immediately" but ruled out regaining Crimea or joining NATO. As European leaders join Zelensky for talks in Washington, concerns linger about security guarantees from Russia. Trump’s recent focus on a peace deal raises eyebrows, especially given Putin's historical demands. While hopes for a productive meeting exist, the ongoing conflict in Ukraine shows no signs of abating, with attacks continuing on both sides, leaving many to wonder about the future of peace in the region.

BlueStone Jewellery and Lifestyle Ltd is set to debut on the stock exchanges on August 19, following a successful IPO that was 2.7 times subscribed. The shares are priced between Rs 492 and Rs 517. With a significant presence of over 275 stores and a strong online model, the Bengaluru-based company is well-positioned in the competitive jewellery market. However, concerns about increasing losses and margins linger among investors. Analysts highlight the need for BlueStone to show profitability and effective execution as it embarks on this new journey.

On Monday, Indian stock markets soared, with Sensex rising nearly 1% and Nifty gaining 1%. This surge was driven by optimism surrounding potential GST reforms before Diwali, aimed at lowering tax rates on various goods. Major stocks like Maruti and Bajaj Finance led the rally, while 15 out of 16 sectors advanced. Adding to the positive sentiment, S&P upgraded India's credit rating, boosting market confidence. With favorable global cues and a strengthening rupee, investors are hopeful for continued growth in the coming days.

India's stock exchanges, NSE and BSE, are redesigning their non-benchmark indices to meet SEBI's new prudential standards, rather than creating new ones. SEBI's guidelines require indices to have at least 14 constituents and limit the weight of any single stock. BSE plans to adjust its Bankex index, while NSE aims to modify its popular Nifty Bank and Fin Nifty indices. This adjustment will help maintain market stability, avoid liquidity fragmentation, and safeguard investors from confusion. SEBI is seeking feedback on these proposed changes until September 8, 2025.

After a four-session hiatus, foreign investors returned to the Indian market, buying equities worth Rs 551 crore. Domestic institutional investors (DIIs) also showed confidence, purchasing shares valued at Rs 4,104 crore. The market reacted positively, with the Sensex rising by over 676 points following a boost from the Prime Minister's GST reforms announcement and an upgrade in India's sovereign credit rating by S&P. This renewed investor optimism, especially in banking and financial sectors, signals a promising outlook for Indian equities.

In July 2025, car sales in India slowed, with exports providing some support. Local dealerships saw a slight drop in sales, down 0.2% year-on-year, while exports increased by 8.7%. Retail sales on the government’s VAHAN portal fell by 0.81%, highlighting a significant gap between supply and demand. Despite stable performance across vehicle segments, urban demand remains weak due to low consumer sentiment. Factors like auspicious delivery days and rural marketing efforts helped boost sales towards the end of the month. To drive growth during the festive season, effective discounts and improved financing options are essential.

Nikhil Kamath’s latest podcast episode features Sam Altman, CEO of OpenAI, discussing the potential of AI in India, which is now OpenAI's second-largest market. Altman expressed optimism about India's enthusiasm for AI, predicting it could become the largest market soon. He also shared insights on the advancements of GPT-5, emphasizing its superior intelligence. The conversation took a personal turn when Kamath asked Altman about family, to which Altman reflected on the deep meaning of parenthood. Listeners are excited about Kamath's ability to attract such high-profile guests, with hopes for future tech leaders like Elon Musk.

In a shocking incident, an HR professional from Panchkula lost ₹1 lakh to a fraudster posing as her boss on WhatsApp. The scam unfolded when the impersonator, using her boss's profile picture, claimed to be in a meeting and urgently needed Apple gift vouchers for clients. Trusting the request, she bought ten vouchers worth ₹10,000 each and shared the details. When asked for more, doubts crept in, leading her to refuse further purchases. Concerned, she reported the incident to the cyber crime police, who have now launched an investigation.

The Indian government plans to simplify the Goods and Services Tax (GST) by introducing a two-tier system with 5% and 18% tax slabs, expected to boost revenue significantly. Currently, the 18% slab brings in a massive 65% of GST collections, while the 5% slab contributes 7%. Under the new proposal, most goods in the 12% and 28% categories will shift to 5% or 18%, with only a few "sin goods" facing a higher 40% tax. This rationalization aims to enhance consumption and increase monthly GST revenues as the government targets a more efficient tax structure ahead of Diwali.

Intel is facing tough times, with declining demand for its chips and massive layoffs. CEO Lip-Bu Tan recently met with Donald Trump, who praised him and may consider government investment in the company. While the Biden administration supported Intel through subsidies, Trump seems ready to take a more direct approach, engaging personally in Intel's future. The company needs customers for its manufacturing services, and Trump might push competitors to support Intel. This situation highlights the complicated relationship between government and business in the U.S., especially in the critical tech sector.

ICICI Bank has significantly reduced its minimum balance requirement following public backlash. Instead of the previously proposed ₹50,000, customers in urban areas will now need to maintain a minimum monthly balance of ₹15,000. This change, effective from August 2025, aims to align with customer expectations. Pensioners under 60 and students from select institutions are exempt from this requirement. Critics argue that the initial hike would burden middle-class families, as many struggle to meet such high balance demands with their existing expenses.

Car sales in India hit a slow patch in July 2025, although exports provided a boost. Local dealerships saw a slight dip in sales, down 0.2% from the previous year, with a total of 3,40,772 units shipped. Despite this, exports increased by 8.7%, highlighting a contrasting trend. Retail sales, however, fell by 0.81%, indicating a significant gap between supply and demand. While rural markets showed some promise due to seasonal sales, urban demand lagged behind. To drive growth during the festive season, strategies focusing on discounts and outreach will be essential.

Fractal Analytics, a leading AI and analytics firm, is set to make history as India's first publicly listed AI company after submitting its IPO papers. Based in Mumbai and New York, the company aims to raise ₹4,900 crore through fresh shares and an offer for sale from prominent investors. Founded by IIM Ahmedabad graduates in 2000, Fractal provides AI solutions to enhance business efficiency and sustainability. With notable clients like Citigroup and Nestle, it turned into a unicorn in 2022 and has shown impressive financial growth, making it a profitable venture in the tech space.

Defence Minister Rajnath Singh is seeking support for CP Radhakrishnan, the NDA's candidate for the Vice Presidential election set for September 9. Radhakrishnan, currently the Governor of Maharashtra, has a rich political background, having served as a BJP leader and MP. The NDA hopes to secure an unopposed election by reaching out to the opposition. As the electoral college consists of 788 MPs, the NDA holds a majority, increasing Radhakrishnan's chances of becoming the next Vice President. The opposition, INDIA bloc, is yet to announce its candidate for this important position.

In a significant diplomatic shift, Russian President Vladimir Putin has agreed to consider a security guarantee for Ukraine akin to NATO's collective defense during talks with President Trump. This potential breakthrough could pave the way for Ukraine's future security and its aspirations to join NATO. Trump's envoy highlighted this as a "game-changing" proposal. European leaders, including Ukraine's President Zelenskyy, expressed cautious optimism, emphasizing the need for clarity on how these security assurances will operate. The discussions signify a potential path towards peace in the ongoing conflict.