Category: Business

Business

FDI push: ₹4,896 cr across 29 projects; India allows 10% Chinese stake

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FDI push: ₹4,896 cr across 29 projects; India allows 10% Chinese stake

A total of 29 foreign direct investment (FDI) projects worth ₹4,895.65 crore have been reported to the government under its revised framework, which allows companies with up to 10% Chinese ownership to invest through the automatic route, the Ministry of Commerce and Industry said on Friday. In March 2026, the government amended Press Note 3…

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Business

Stock markets end flat as elevated crude oil prices cap gains

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Stock markets end flat as elevated crude oil prices cap gains

Market benchmark indices Sensex and Nifty ended flat on Friday (August 21, 2026), a day after registering a rebound, as elevated crude oil prices induced by geopolitical uncertainties and a sharp fall in the U.S. markets made investors cautious. In a largely range-bound trade, the 30-share BSE Sensex ended almost unchanged from the previous close…

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Business

Rupee settles on flat note, 3 paise higher at 95.71 against U.S. dollar

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Rupee settles on flat note, 3 paise higher at 95.71 against U.S. dollar

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled on a flat note, higher by just 3 paise at 95.71 (provisional) against the U.S. dollar on Friday (August 21, 2026), as the support from a weak dollar was negated by continued geopolitical tensions. Forex traders said…

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Business

IndiGo’s ticket booking system faces issues briefly

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IndiGo’s ticket booking system faces issues briefly

On Wednesday (August 19, 2026) also, the airline’s booking system had experienced issues. File. | Photo Credit: Reuters The country’s largest airline IndiGo’s ticket booking system briefly faced issues on Friday (August 21, 2026) and people were unable to access online services. On Wednesday (August 19, 2026) also, the airline’s booking system had experienced issues….

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Business

U.S. nuclear industry to make comprehensive submissions to India on SHANTI rules

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U.S. nuclear industry to make comprehensive submissions to India on SHANTI rules

The U.S. nuclear industry is set to make a comprehensive submission to India on the draft rules and regulations to implement the SHANTI Act, which has opened up the atomic energy sector for private participation. | Photo Credit: Reuters The U.S. nuclear industry is set to make a comprehensive submission to India on the draft…

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Business

Rupee gains 9 paise to 95.65 against U.S. dollar in early trade

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Rupee gains 9 paise to 95.65 against U.S. dollar in early trade

Image used for representational purposes. File | Photo Credit: Reuters The rupee gained 9 paise to 95.65 against the U.S. dollar in early trade on Friday (August 21, 2026), supported by the weakening of the American currency in the overseas markets. Forex traders said for India, a softer dollar is being offset by another challenge…

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Business

Stock markets trade marginally higher amid elevated crude oil prices

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Stock markets trade marginally higher amid elevated crude oil prices

Image used for representational purposes. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty were trading marginally higher in early deals on Friday (August 21, 2026) as elevated crude oil prices due to geopolitical uncertainties and a sharp fall in U.S. markets made investors cautious. After a positive beginning to the trade, the 30-share…

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Business

How Supreme Court’s new ruling changes the definition of ‘industry’ | Explained

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How Supreme Court’s new ruling changes the definition of ‘industry’ | Explained

The story so far: A nine-member Constitution Bench of the Supreme Court of India held that the nearly half-century-old interpretation of the term ‘industry’ will not automatically apply to the Industrial Relations Code (IRC), 2020, which came into force in November 2025 and replaced the legacy Industrial Disputes Act, 1947. This decision effectively severs the…

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Business

Centre’s fiscal outlook faces geopolitical, revenue risks

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Centre’s fiscal outlook faces geopolitical, revenue risks

Geopolitical headwinds in the background of recently introduced tax changes would shape the Centre’s fiscal outlook for 2026-27. Despite pressure on tax revenues and subsidies, strong non-tax receipts and policy interventions may keep fiscal outcomes broadly on track. Centre’s revenue receipts As per the Controller General of Accounts (CGA) data, the Centre’s gross tax revenues…

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Business

Domestic tourism cushions India as West Asia crisis, high airfares hit international travel

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Domestic tourism cushions India as West Asia crisis, high airfares hit international travel

Travel & Tourism Fair, Mumbai 2026 | Photo Credit: Special Arrangement India’s domestic tourism market is emerging as a key cushion for the travel and tourism sector as the West Asia crisis, currency fluctuations, visa challenges and a sharp rise in Aviation Turbine Fuel (ATF) push up international airfares and reshape traveller preferences, industry officials…

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