No Charges on Digital Payments Confirmed for Consumers in India
Indian officials have assured that digital payment transactions will remain free for consumers in light of recent discussions on potential charges.
Business
Astrobase Launches India's First Private 800kN Rocket Engine
Astrobase has unveiled India's first privately developed 800kN rocket engine, targeting future space missions and reusability.
Hindalco Reports 75% Rise in Q1 Net Profit Driven by Sales Growth
Hindalco Industries announces a 75% increase in net profit for Q1, attributing growth to a 32% rise in sales, showcasing strong financial performance.
Indian Parliament Approves Bills on UPI Taxation During Monsoon Session
The Lok Sabha of India has passed vital legislation regarding taxation on UPI transactions during the ongoing Monsoon session.
UK Economy Faces Challenges Amid Global Economic Slowdown
The UK economy is witnessing significant challenges due to ongoing global economic uncertainties and inflation pressures.
Lupin Reports Q1 Financial Results Amid Strong US Sales
Lupin's Q1 results reflect robust US sales, yet stock sees fluctuations. Investment insights provided by experts.
Reserve Bank of India Maintains Policy Rate at 5.25 Percent
The Reserve Bank of India has decided to keep its policy interest rate unchanged at 5.25 percent following its latest Monetary Policy Committee meeting.
Tewolde Gebremariam Appointed New CEO of Air India
Tewolde Gebremariam, former Ethiopian Airlines CEO, takes leadership of Air India as part of the airline's strategic revamp.
US Government Repays $100 Billion in Tariff Refunds to Businesses
The US government has refunded $100 billion in tariff payments to businesses following a Supreme Court decision marking tariffs as unlawful.
Nifty and Sensex Stock Market Dynamics
Analysing the current divergence between Nifty and Sensex amidst new market timings and auction sessions in the Indian stock market.
Oil Prices Surge as Tensions Rise in Strait of Hormuz
Oil prices have rebounded from a three-week low due to increasing tensions in the Strait of Hormuz, heightening concerns over global supply security.
India Proposes New Bill to Enhance Business Environment and FDI
The Indian government has introduced a bill aimed at simplifying business operations and attracting foreign investment.
US Stocks Surge Towards Record High Amid Iran Negotiations
US stock market rises as Iranian talks unfold; oil prices drop. Key indices approach record levels as geopolitical tensions shape market sentiment.
Indian Stock Market Rises: Sensex and Nifty Gain from Lower Crude Prices
Indian equity markets see significant gains as lower crude oil prices boost investor sentiment amid foreign fund inflows.
Japan and US Confirm Joint Yen Market Intervention Efforts
Japan's decision to collaborate with the US on yen interventions marks a significant move to enhance currency stability.
India Considers Increased Tax Incentives for Electronics Sector
India aims to enhance tax benefits for electronics manufacturing, potentially benefiting firms like Apple and boosting local production.
India Launches Rs 84,084 Crore Offshore Oil Exploration Initiative
India's government has approved funding for deep-sea oil exploration to enhance domestic production and reduce import dependence.
Maruti Suzuki Achieves Record Monthly Production in July 2023
Maruti Suzuki reports a record production of 248,845 units in July, marking significant growth in India's automotive industry.
Vodafone Idea Faces ₹26.83 Crore Notice Over Spectrum Obligations
The Department of Telecommunications sends notice to Vodafone Idea for ₹26.83 crore amid spectrum rollout obligations, though operations remain stable.
Maruti Suzuki Reports 11% Profit Decline Despite Rising Revenue
Maruti Suzuki's Q1 profit fell by 11% to Rs 3,352 crore, overshadowed by higher material costs despite a 36% revenue increase.
Sun Pharmaceutical Reports 27% Net Profit Increase in Q1 FY27
Sun Pharmaceutical announces a 27% rise in Q1 FY27 net profit, while experiencing a decline in US formulation sales to $427 million.
Apple's Revenue Forecast Below Expectations Amid Supply Chain Issues
Apple's latest revenue projections fall short of Wall Street targets, highlighting ongoing supply chain challenges for the tech giant.
Vedanta Appoints New CEO as Q1 Profit Surges by 72%
Vedanta's Q1 profit jumps 72% to ₹54.73 billion as Arun Misra is appointed CEO amidst rising base metal prices.
India's Gold Demand Declines 6% amid Higher Duties and Seasonal Trends
India's gold demand fell by 6% in the April-June quarter, attributed to weak seasonal demand and increased duties, according to the World Gold Council.
Adani Enterprises Reports Q1 Loss Amid Surge in Revenue
Adani Enterprises incurs Rs 1,160 crore loss in Q1, but revenue rises 50% year-on-year, indicating strong core business performance.
India Officially Names 27 Locations in Arunachal Pradesh
The Indian government has formalised standard names for 27 locations in Arunachal Pradesh amidst ongoing border tensions with China.
Turkey, Saudi Arabia, and Pakistan Sign Defence Pact in Mecca
Amid rising tensions, Turkey, Saudi Arabia, and Pakistan unite in a joint defence agreement aimed at mutual protection.
India and China Hold Talks on Border Management and Water Data
India and China engage in diplomatic discussions focusing on border situation and sharing river data amid ongoing tensions.
Scuffles Erupt Between ABVP Members and Police in Jharkhand
Members of the Akhil Bharatiya Vidyarthi Parishad clashed with police near the residence of Jharkhand's Chief Minister, resulting in multiple detentions.
Jharkhand Government in Talks with Student Protesters Amid Delays
Student protests over exam delays and corruption allegations continue in Jharkhand as talks with the government remain inconclusive.
India's Ministry Responds to Sheikh Hasina's Remarks in Delhi
India's Ministry of External Affairs clarifies stance on Sheikh Hasina's comments made during a media event in Delhi, stressing neutrality.
New Programme Supports Weavers in Backward Areas of Andhra Pradesh
A new initiative in Andhra Pradesh aims to uplift local weavers and promote handloom crafts in economically challenged regions.
Indian Home Minister Addresses Concerns Over FCRA Bill
Amit Shah reassures Christian groups that the FCRA Bill is religion-neutral amidst concerns over funding regulations.
Food Safety Inspections Conducted Across Bengaluru Hotels
Bengaluru's food safety teams identify numerous violations at major hotels following statewide inspections aimed at improving food standards.
Saudi Arabia, Turkey and Pakistan Form Strategic Defence Pact
The joint defence agreement reinforces security cooperation among the three nations, stating that an attack on one is an attack on all.