The Green Plastic: New ₹10/₹20 notes coming & Wipro exits Nifty 50

Good morning, it’s 12th August, 2026, and here’s your headstart to the day’s most important update.

1. Law: Tribunal Bill gets Parliament nod, as vacancies and infrastructure remain key hurdles. Read

2. Taxation: Central net direct tax collection surges 23% YoY to ₹8.11 trillion till Aug, third of yearly target already met. Read

3. Currency: Govt. approves awaited introduction of one billion polymer banknotes of ₹10 and ₹20, rollout to begin with field trials. Read

1. Vodafone-Idea: To increase the pace of capex deployments, after securing ₹6,400 Cr as first tranche of funding from banks in Q1FY27. Read

2. L&T: To transfer data centre, cloud services business to wholly owned specialist subsidiary Vyoma.AI, for ₹1,400 Cr. Read

3. Lumax Auto: Shares zooms 20% after robust Q1FY27 results, as ongoing premiumization of vehicles and rising adoption of new tech drives auto sector. Read

4. Coal India: is considering acquiring a unit of Canada’s Wealth Minerals with lithium mining assets in Chile. Read

1. HDFC Bank: Stock hits 2-year low of ₹726.55, tank 12% in one month. Read

2. Wipro: To exit Nifty 50, move Nifty Next 50 index as BSE to move in, changes effective from Sept. end. Read

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Source: Trading Economics & Yahoo Finance

(Note: For bond yields, percentage changes refer to change in yield levels, not total return or price appreciation)

1. Russia: Strikes Ukraine with missiles and drones, killing at least 10 as allegations of help form North Korea surface. Read

2. Middle East: Four crew killed in Red Sea attack while missile strike by Iran-backed Houthis. Read

3. Vietnam: Aerospace corp. VinSpace inks deal with SpaceX to launch first satellites in 2027. Read

4. Nvidia: It has partnered with six ​major financial institutions to launch compute financing platforms aimed at ‌raising over $500 billion in third-party capital for AI infrastructure. Read

Source: Trendlyne

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1. Discovered Materials: IIT Madras alumni-founded AI materials startup raises $9 million in seed round to build AI agents for discovering new materials for semiconductor chips. Read

1. Football: Trump warns FIFA of ‘terrible mistake’ if prez Gianni Infantino is replaced. Read

Now over to you! What was your biggest takeaway? Let’s discuss in the comments.

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