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Category: Business

Business

Trackerwave sets ₹50 cr revenue as it targets major public-sector hospital rollout; eyes U.S., Europe markets

Posted on August 31, 2026 By admin
Trackerwave sets ₹50 cr revenue as it targets major public-sector hospital rollout; eyes U.S., Europe markets

Chennai-based healthcare technology company Trackerwave is targeting revenue of about ₹50 crore in 2026-27, up more than four times from the ₹12 crore it reported last year, as it looks to deepen the presence in India’s public healthcare system, which is increasingly going digital. The bootstrapped company, which develops real-time location systems (RTLS) for hospitals,…

Read More “Trackerwave sets ₹50 cr revenue as it targets major public-sector hospital rollout; eyes U.S., Europe markets” »

Business

GDP growth comes in at 7.8% in Q1, slower than last quarter but quicker than last year

Posted on August 31, 2026 By admin
GDP growth comes in at 7.8% in Q1, slower than last quarter but quicker than last year

The growth in India’s Gross Domestic Product (GDP) stood at 7.8% in the April-June 2026 quarter (Q1 FY27), quicker than the 6.9% recorded in Q1 of last year, but slower than the 8.6% of the January-March 2026 quarter.  The stronger performance in Q1 of this year as compared to last year has been driven by…

Read More “GDP growth comes in at 7.8% in Q1, slower than last quarter but quicker than last year” »

Business

Stock markets decline amid renewed tensions in West Asia, higher crude oil prices

Posted on August 31, 2026 By admin
Stock markets decline amid renewed tensions in West Asia, higher crude oil prices

Stock markets closed lower on Monday (August 31, 2026) amid selling in utilities, IT, and FMCG shares, as renewed tensions in West Asia pushed crude oil higher and fanned fears of a higher-interest-rate environment. The 30-share BSE Sensex declined 307.24 points, or 0.40%, to settle at 76,957.27 with 20 of its constituents ending lower and…

Read More “Stock markets decline amid renewed tensions in West Asia, higher crude oil prices” »

Business

Indian Oil aiming to increase natural gas sales 1.5-times by 2030: Chairman

Posted on August 31, 2026 By admin
Indian Oil aiming to increase natural gas sales 1.5-times by 2030: Chairman

One of Indian Oil Corporation depots | Photo Credit: Getty Images Indian Oil is eyeing to increase their natural gas sales by one-and-half times by 2030, Arvinder Singh Sahney, Chairman of the state-owned oil-marketing company stated in his address at the annual general meeting of shareholders Monday. Further underlining plans for expanding their refining capacity,…

Read More “Indian Oil aiming to increase natural gas sales 1.5-times by 2030: Chairman” »

Business

Rupee rises 26 paise to close at 95.17 against U.S. dollar

Posted on August 31, 2026 By admin
Rupee rises 26 paise to close at 95.17 against U.S. dollar

This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial losses and settled for the day with gains of 26 paise at 95.17 (provisional) against the U.S. dollar on Monday (August 31, 2026), on possible RBI intervention, as rising crude oil prices and geopolitical strain weighed on the…

Read More “Rupee rises 26 paise to close at 95.17 against U.S. dollar” »

Business

Govt notifies ₹1,27,500-crore Semicon 2.0; spells out eligibility norms, sops for chip ecosystem

Posted on August 31, 2026 By admin
Govt notifies ₹1,27,500-crore Semicon 2.0; spells out eligibility norms, sops for chip ecosystem

IT Secretary S. Krishnan. File | Photo Credit: Sushil Kumar Verma The government on Monday (August 31, 2026) notified the Semicon 2.0 scheme, setting in motion the ₹1,27,500-crore plan that seeks to deepen India’s semiconductor ambitions — from chip manufacturing to a full-stack ecosystem encompassing indigenous design and IP, equipment, materials, advanced packaging, R&D and…

Read More “Govt notifies ₹1,27,500-crore Semicon 2.0; spells out eligibility norms, sops for chip ecosystem” »

Business

Stock markets decline in early trade amid renewed tensions in West Asia, higher crude oil prices

Posted on August 31, 2026 By admin
Stock markets decline in early trade amid renewed tensions in West Asia, higher crude oil prices

The 30-share BSE Sensex declined 226.60 points to 77,028.56 during initial trade. The 50-share NSE Nifty dropped 120.40 points to 24,053.55. File. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Monday (August 31, 2026) as renewed tensions in West Asia triggered a rebound in crude oil prices. Weak…

Read More “Stock markets decline in early trade amid renewed tensions in West Asia, higher crude oil prices” »

Business

Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over

Posted on August 31, 2026 By admin
Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over

File picture of John Ternus, Senior Vice President, Apple Hardware Engineering | Photo Credit: Reuters Apple on Monday (April 20, 2026) named insider John Ternus ‌as its next CEO, tasking ​the long-time hardware chief ⁠to steer the company after Tim Cook as the iPhone maker gears up ‌for an industry change spurred by artificial intelligence….

Read More “Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over” »

Business

Rupee falls 13 paise to 95.56 against U.S. dollar in early trade

Posted on August 31, 2026 By admin
Rupee falls 13 paise to 95.56 against U.S. dollar in early trade

Image used for representative purpose only. | Photo Credit: Reuters The rupee fell 13 paise to trade at 95.56 per U.S. dollar on Monday (August 31, 2026) morning pressured by rising crude oil prices and geopolitical strain. Forex traders said market participants have raised the probability of a September Fed rate hike, pushing U.S. Treasury…

Read More “Rupee falls 13 paise to 95.56 against U.S. dollar in early trade” »

Business

Nirmala Sitharaman in U.S. Asheville city for G-20 finance ministerial meet

Posted on August 31, 2026 By admin
Nirmala Sitharaman in U.S. Asheville city for G-20 finance ministerial meet

Union Minister for Finance Nirmala Sitharaman during a meeting with 3M Chairman and CEO William Brown on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting, in Asheville. | Photo Credit: X/@FinMinIndia via PTI Finance Minister Nirmala Sitharaman arrived in the U.S. city of Asheville in North Carolina for the G-20…

Read More “Nirmala Sitharaman in U.S. Asheville city for G-20 finance ministerial meet” »

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