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Category: Business

Business

El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD

Posted on July 11, 2026 By admin
El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD

HDFC Bank’s MD & CEO Sashidhar Jagdishan. File | Photo Credit: Special arrangement The global macroeconomic environment remained challenging as the lingering impact of the West Asia conflict could weigh on global growth & inflation and the turn towards monetary tightening by major central banks remained a risk for global liquidity and growth, said India’s biggest…

Read More “El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD” »

Business

FSSAI issues notices to Swiggy Instamart for allegedly delivering spoiled, expired food products

Posted on July 11, 2026 By admin
FSSAI issues notices to Swiggy Instamart for allegedly delivering spoiled, expired food products

FSSAI issued nine notices to Swiggy Instamart for allegedly delivering spoiled, expired food products. File Food Safety Standards Authority of India (FSSAI) on Saturday (July 11, 2026), said it has issued nine notices to Swiggy Instamart following several consumer complaints, including of alleged supply of rotten and expired food products by the platform. Instamart is the…

Read More “FSSAI issues notices to Swiggy Instamart for allegedly delivering spoiled, expired food products” »

Business

Economic Survey 2019-20: ‘No evidence of wrong estimation of growth’

Posted on July 11, 2026 By admin
Economic Survey 2019-20: ‘No evidence of wrong estimation of growth’

In an effort to put to rest all speculation over the accuracy and reliability of India’s GDP data, India’s Chief Economic Advisor (CEA) Krishnamurthy Subramanian on Friday asserted that there is “no evidence” of mis-estimation of growth of the Indian economy. The debates on the issue were kicked off last year after Mr. Subramanian’s predecessor,…

Read More “Economic Survey 2019-20: ‘No evidence of wrong estimation of growth’” »

Business

Why does India need an Index of Services Production? | Explained

Posted on July 10, 2026 By admin
Why does India need an Index of Services Production? | Explained

India is all set to launch high frequency dataset to capture the formal segment of the services sector, supporting evidence-based policymaking, amid data quality concerns due to the inherent heterogeneous nature of variables and partial or under coverage of the vast informal segment. Joining the league of Japan, South Korea, China and the European Union,…

Read More “Why does India need an Index of Services Production? | Explained” »

Business

Rupee gains 14 paise to settle at 95.33 against U.S. dollar

Posted on July 10, 2026 By admin
Rupee gains 14 paise to settle at 95.33 against U.S. dollar

Representational image. File | Photo Credit: AFP The rupee rose 14 paise to settle at 95.33 (provisional) against the U.S. dollar on Friday (July 10, 2026), as the greenback weakened and crude oil prices eased despite intensifying tensions in West Asia. Foreign institutional investorsoutflows and uncertainties over fresh tensions in West Asia weighed on the…

Read More “Rupee gains 14 paise to settle at 95.33 against U.S. dollar” »

Business

Markets rally for second day; Sensex jumps over 800 points

Posted on July 10, 2026 By admin
Markets rally for second day; Sensex jumps over 800 points

Easing crude oil prices and buying in IT stocks, after TCS reported an increase in its June-quarter net profit and guided towards an improvement in demand in the ongoing quarter, also propelled the rally in the domestic market. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty ended 1% higher on Friday…

Read More “Markets rally for second day; Sensex jumps over 800 points” »

Business

Why is Chhattisgarh government asking farmers to adopt DSR method for paddy cultivation | Explained

Posted on July 10, 2026 By admin
Why is Chhattisgarh government asking farmers to adopt DSR method for paddy cultivation | Explained

The story so far: In an advisory issued for Chhattisgarh’s farmers on July 3, 2026, the State government has placed a special emphasis on prioritising Direct Seeded Rice (DSR) over the traditional transplanting method. The advice comes against the backdrop of the uncertainty of rainfall due to El Niño, a climate phenomenon that tends to…

Read More “Why is Chhattisgarh government asking farmers to adopt DSR method for paddy cultivation | Explained” »

Business

E20 fuel may lead to 3-5% mileage hit in ‘some’ vehicles, Govt. admits as it defends blending

Posted on July 10, 2026 By admin
E20 fuel may lead to 3-5% mileage hit in ‘some’ vehicles, Govt. admits as it defends blending

Addressing concerns over older vehicles, the Ministry said E20 underwent extensive testing covering engine durability, fuel systems, material compatibility, corrosion resistance, drivability and emissions before its nationwide rollout. File | Photo Credit: PTI While admitting that E20 blended fuel could result in a 3-5% reduction in the fuel economy of “some vehicles”, the government has…

Read More “E20 fuel may lead to 3-5% mileage hit in ‘some’ vehicles, Govt. admits as it defends blending” »

Business

Adani Enterprises ties up with Dioxycle to enter low-carbon chemical manufacturing

Posted on July 10, 2026 By admin
Adani Enterprises ties up with Dioxycle to enter low-carbon chemical manufacturing

The alliance combines Dioxycle’s electrically driven chemical-manufacturing technology with Adani Group’s clean-energy capabilities, infrastructure platform and project execution expertise to create a new model for sustainable and cost-competitive chemical production. File | Photo Credit: Reuters Making an entry into chemicals sector Adani Enterprises Limited (AEL), the holding company of the Adani Group, has entered into a…

Read More “Adani Enterprises ties up with Dioxycle to enter low-carbon chemical manufacturing” »

Business

India lays out tariffs and quotas for U.K. vehicles under trade deal

Posted on July 10, 2026 By admin
India lays out tariffs and quotas for U.K. vehicles under trade deal

This quota will gradually increase to 2,000 vehicles per year by year 15, and the tariff will fall to 10% by year 10 of the deal’s implementation. File | Photo Credit: Getty Images The Indian government has released the list of quotas and tariffs for automobile imports from the United Kingdom under the trade deal between…

Read More “India lays out tariffs and quotas for U.K. vehicles under trade deal” »

Business

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