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Business
Passenger Vehicle Sales Surge in July with Maruti and Hyundai Achieving Record Dispatches
India’s passenger vehicle industry experienced a robust performance in July, with domestic dispatches rising approximately 33% year-on-year to nearly 4.7 lakh units. Major manufacturers, including Maruti Suzuki and Hyundai, contributed…
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Business
RBI Revamps Deposit Regulations: Key Changes in Differential Rates and Daily Disclosure Requirements
NEW DELHI: The Reserve Bank of India (RBI) has revised its rules on bulk deposits, allowing banks to offer varying interest rates based on liquidity risk. This change, effective from…
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Business
India’s Deep-Sea Initiative: Understanding the Centre’s ‘Samudra Manthan’ Project for Crude Oil Extraction
Months of turmoil in the Middle East have disrupted global energy supplies, prompting countries to reassess their energy security strategies. In response, India is shifting its focus inward, aiming to…
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Business
China Secures Only One FDI Approval in India for FY26, While Hong Kong Gains Thirteen Proposals
China’s share in India’s foreign direct investment (FDI) approvals for the fiscal year 2025-26 remained minimal, with only one proposal approved, valued at Rs 1 crore. In contrast, Hong Kong…
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Business
Education Sector Requires Increased Investment and Reduced Regulations, Says Noel Tata
BENGALURU: Noel Tata, chairman of Tata Trusts, criticized the restrictions on for-profit education in India, stating that they hinder investment in a sector that desperately needs more quality colleges and…
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Business
RBI Anticipated to Maintain Interest Rates on August 5
MUMBAI: The Reserve Bank of India (RBI) is anticipated to maintain its current interest rates during the monetary policy committee meeting on August 5. Economists cite stable rupee performance, robust…
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Business
India’s Manufacturing Growth Declines to Near 5-Year Low, Yet HSBC PMI Remains in Expansion Zone
India’s manufacturing sector experienced its slowest growth in nearly five years in July, according to the latest HSBC India Manufacturing Purchasing Managers’ Index (PMI) data. The seasonally adjusted PMI fell…
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Business
Oil Prices Drop Over 6% as Trump’s Iran Discussions Renew Optimism for Reduced Middle East Tensions
Oil prices fell sharply on Monday, with WTI crude dropping 4.75% to $80.65 a barrel and Brent crude declining 4.40% to $84.06 a barrel. This decline comes as hopes for…
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Business
Rupee Strengthens by 31 Paise Amid Weaker Dollar, Declining Oil Prices, and Ongoing FII Inflows
Falling global crude oil prices and a weaker US dollar propelled the Indian rupee higher in early trading on Monday. The currency gained 31 paise against the US dollar, supported…
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Business
Yanbu Port in Saudi Arabia Remains Active Amid Houthi Threats; Oil Tankers Navigate Crude Transits
Saudi Arabia’s Red Sea export terminal at Yanbu experienced a surge in activity, marking its busiest day since Houthi threats disrupted regional shipping. Despite the risks, some tankers, including those…
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Business
FM Sitharaman Informs Parliament: Over 1.18 Lakh Central Employees Opt for Unified Pension Scheme
More than 118,000 Central Government employees and eligible retirees have enrolled in the Unified Pension Scheme (UPS) since its launch, according to a statement made in Parliament on Monday. Union…
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Business
FSSAI Enhances Regulations for Alcohol Labels on Flavoured Rum and Whisky
NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) has taken enforcement action against several alcoholic beverage manufacturers, including Old Monk, McDowell’s, Bagpiper, Antiquity Blue, and Royal Challenge.…
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Business
Bank Holidays in August 2026: Locations and Dates for Bank Closures
August will see multiple bank holidays across India, affecting branch operations in various states. Customers planning to visit their local bank should check the holiday calendar, as closures will vary…
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Business
Understanding Samudra Manthan: The Potential Impact of India’s Offshore Oil and Gas Exploration Initiative
Prime Minister Narendra Modi announced the National Deep Water Exploration Mission on August 15, 2025, as part of the Samudra Manthan initiative aimed at enhancing India’s energy security. The scheme…
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Business
PM Modi to Launch Alluri Sitarama Raju International Airport in Andhra Pradesh with Rs 5,640-Crore Investment
Andhra Pradesh will receive a significant boost in aviation infrastructure as Prime Minister Narendra Modi inaugurates the Alluri Sitarama Raju International Airport in Bhogapuram, Vizianagaram district, on Saturday. This event…
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