DLF's Q1 pre-sales collapsed 94% YoY on zero launches, but management held its Rs 20,000 crore FY27 target Realty
DLF's June-quarter bookings fell to just Rs 657 crore -- down roughly 94% from a year earlier -- because no new housing projects launched in the quarter, against a full FY26 total of Rs 20,143 crore. Management attributed the miss to launch timing, not demand, and reiterated its Rs 20,000 crore FY27 guidance and Rs 1 lakh crore five-year pipeline. That leaves H1 running well behind the run-rate the full-year target needs; the real test is whether H2 launches actually materialize, and a guidance reiteration straight after a weak quarter is also a standard investor-relations move, not confirmation on its own.
The feared EU-US generics tariff carve-out doesn't appear to exist -- Indian exporters share the same zero-tariff window through mid-2028 Pharmaceuticals
A search for the specific EU-US deal said to give European generics near-zero US tariffs from September 2026 turned up no such deal. What exists instead is a broader US policy setting generic-drug tariffs at zero through mid-2028 (then 100%, then 200%), applying to Indian and European suppliers alike -- not an EU-specific carve-out disadvantaging Lupin, Aurobindo and peers. Lupin's own guided FY27 US sales trough ($1.1-1.2bn, down from a $366M quarterly run-rate), driven by Tolvaptan and Mirabegron generic competition, remains intact and is unrelated to this question.
Brent tops $91 as the US-Iran ceasefire over Hormuz lapses and shipping attacks resume Energy & Power
Brent crude traded in a $90.97-$92.42/bbl range on Aug 18, well above the ~$87.7 level that triggered the original spike on Aug 10, after the US-Iran ceasefire ended and attacks on shipping in the Strait of Hormuz resumed. The move supports the case for a durable risk premium rather than a one-off spike, though the claim's 30-day falsifier window (a fall back below $80) has not yet elapsed.
RBI's NBFC revolving-credit draft still has 10 days left in its comment window Financial Services
The RBI's Aug 6 draft, which would restrict revolving credit to card-authorised NBFCs only, remains in its public-comment period through Aug 28 -- no notification has followed yet. The market has already priced in the draft largely surviving as written: Bajaj Finance and group entities lost roughly Rs 55,000 crore of market cap on the original announcement.
Aegis Logistics' Q1 profit surged 270% as its JNPA expansion nears first delivery and a non-binding Rs 20,000 crore Vadhvan Port MoU looms Energy & Power
Aegis Logistics posted Q1 FY27 net profit of Rs 484 crore, up ~270% YoY, with EBITDA margin roughly doubling to 30.3% as revenue grew 37%. The company's ~Rs 1,675 crore JNPA liquid-storage and LPG expansion is due to bring its first phase online in Q3 FY27, and a June 2026 non-binding MoU to help develop Vadhvan Port carries a potential ~Rs 20,000 crore commitment -- a meaningful but still-unconfirmed growth signal.