Global gold ETFs posted net inflows for a fifth consecutive week, with $6.38 billion added over the week, including $4.37 billion into the U.S. and $1.07 billion into the UK. Gold has rallied recently, up nearly 15% over the past month and 6% over the past week, trading at $4,676 an ounce. Year-to-date net inflows into gold ETFs have reached $2.6 billion.

India’s soybean oil imports could reach 62 lakh tonnes in August, setting a monthly record and running nearly 46% above the current marketing-year monthly average, the Solvent Extractors’ Association of India (SEA) said. Kharif oilseed sowing is slightly below last year overall, with soybean acreage lower while groundnut, sesame and sunflower acreage has increased. As one of the world’s largest edible oil importers, a spike in imports would directly affect India’s import bill, domestic prices and food inflation.

U.S. natural gas futures ended higher as prolonged extreme heat in Texas drove a surge in air-conditioning demand. The hotter weather is increasing stress on gas-fired power generation and the state’s electricity grid. In Houston, highs from Aug. 20-23 are expected to reach 100F, about 5F above the seasonal norm. Peak demand on the ERCOT grid could set a new record this week, especially as wind output eases, according to AccuWeather.

Global gold ETFs posted net inflows for a fourth consecutive week, with $4.88 billion of inflows and $1.36 billion of outflows in the week ended August 7. UK and US investors added $1.53 billion and $1.04 billion, while Germany and France each contributed over $300 million. Year to date, net ETF investment stands at $17.22 billion, while China recorded an unexpected $9.2 million outflow and gold drew buying interest near $4,400 an ounce.

State-owned Cochin Shipyard reported consolidated net profit of ₹151.45 crore for the quarter ended June, down 19.36% from ₹187.82 crore a year earlier. Total income rose to ₹1,161.25 crore from ₹1,122.92 crore in the April-June quarter of FY26. Total expenses increased to ₹958.76 crore from ₹873 crore. The profit decline was attributed to lower revenue from both shipbuilding and shiprepair segments, the company said in a regulatory filing.

OpenAI’s annualized revenue run rate has climbed above $40 billion, roughly doubling from the end of 2025, as the company moves ahead with plans for a Wall Street listing. Internal disclosures indicate the run rate rose more than 20% month over month in July. OpenAI ended last year with more than $20 billion in annualized revenue, and rival Anthropic said in May its run-rate revenue had crossed $47 billion, though the two firms may calculate the metric differently.

VST Tillers Tractors Ltd reported a 9.36% year-on-year increase in net profit to ₹48.73 crore for the quarter ended June. Revenue from operations rose 11% to ₹313.4 crore. Operating EBITDA increased 7.5% to ₹40.29 crore, with an operating EBITDA margin of 12.85%. Power tiller sales climbed to 13,801 units, while domestic tractor sales rose to 985 units and tractor exports fell to 275 units; power weeder sales increased to 3,680 units and power reaper sales declined to 28 units.

Global gold ETFs posted net inflows of $3.04 billion in the week ended August 7, marking a third consecutive week of net additions, according to World Gold Council data. The US, China and the UK led gross inflows totaling $4.38 billion, while the US also accounted for the largest outflows of $1.33 billion. Net ETF investment stands at $13.69 billion year-to-date, while China and India have continued to contribute positive flows totaling about $11 billion. Gold rose more than 6% over the week, and analysts cited $3,950–4,000 as a support zone.

Auto components maker Dhoot Transmission raised ₹918.3 crore from anchor investors ahead of its initial public offering, with participants including BlackRock, Abu Dhabi Investment Authority and SBI Mutual Fund. The company allotted over 1.05 crore equity shares to 72 funds at ₹871 per share, with domestic mutual funds taking 61.27% of the anchor book. The ₹3,067 crore IPO will be open for subscription from August 10 to August 12, with a price band of ₹829871 per share.