Startup & Tech Daily Digest: 6 Aug

The traveltech major has posted a stellar performance for the first quarter, recording an 81% year-on-year surge in net profit. This growth underscores the company's strengthening position in the competitive online travel booking market as consumer demand for travel continues to climb.

The mattress and sleep solutions brand continues its profitable trajectory, reporting a 19% year-on-year increase in Q1 profit, reaching ₹23.4 crore. This steady financial growth highlights the brand's successful expansion into the broader home solutions category.

As of August 6, 2026, the Indian commodity market is seeing significant movement, with gold prices reaching ₹149,750 and silver trading at ₹228,220. These figures reflect the ongoing rally in Comex, signaling heightened investor interest in precious metals as a hedge against market volatility.

The Enforcement Directorate is currently investigating a massive ₹107-crore financial fraud involving the diversion of municipal funds. The case, which involves the illicit acquisition of luxury cars and watches alongside the use of fake bank accounts, serves as a critical reminder of the importance of financial oversight in public and private sectors.