Category: Business

Business

Rupee opens on flat note, rises 3 paise to 95.34 against U.S. dollar in early trade

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Rupee opens on flat note, rises 3 paise to 95.34 against U.S. dollar in early trade

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee opened on a flat note and gained 3 paise to 95.34 against the U.S. dollar in early trade on Tuesday (August 4, 2026), as support from the broad-based weakness in the U.S. Dollar Index amid improving global risk sentiment was negated by dollar demand from importers….

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MyCall: TRAI’s revamped call quality reporting app

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MyCall: TRAI’s revamped call quality reporting app

On Monday (August 3, 2026), the Telecom Regulatory Authority of India (TRAI) relaunched a call quality rating app it first released in 2017. The app, MyCall, retrieves records of recent calls and allows users to rate the quality from one to five stars, and sends anonymised reports to telecom operators to help them improve their…

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Business

FSSAI prohibits Dabur from selling food products with ‘100%’ claims

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FSSAI prohibits Dabur from selling food products with ‘100%’ claims

FSSAI informed that it has issued a prohibition order to Dabur India Ltd over the sales of food products carrying misleading ‘100%’ claims, including honey, apple cider vinegar, virgin coconut oil, sesame oil, cow ghee, coconut water, coconut milk and other such items. File | Photo Credit: The Hindu Food regulator FSSAI has prohibited Dabur…

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Govt to sell up to 6.5% in LIC at ₹382/share; to add ₹31k crore to disinvestment kitty

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Govt to sell up to 6.5% in LIC at ₹382/share; to add ₹31k crore to disinvestment kitty

Life Insurance Corporation of India. | Photo Credit: Reuters The government will sell up to a 6.5% stake in Life Insurance Corporation (LIC) at a floor price of ₹382/share through a two-day offer for sale (OFS) beginning on Tuesday (August 4, 2026). The issue opens for non-retail investors on Tuesday (August 4) and for retail…

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Business

Essar marks 15 yrs at Stanlow, outlines GBP 4.3 billion investment pipeline

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Essar marks 15 yrs at Stanlow, outlines GBP 4.3 billion investment pipeline

Image used for representational purposes. File | Photo Credit: PTI Essar Group is marking 15 years of ownership of the U.K.’s Stanlow manufacturing complex, saying it has invested 1 billion pounds in upgrading the refinery since acquiring the site in 2011 and is now pursuing a GBP 4.3 billion pipeline of projects aimed at transforming…

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India proposes extending tax breaks for contract manufacturing in a boost for Apple

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India proposes extending tax breaks for contract manufacturing in a boost for Apple

India has proposed extending tax exemptions until 2041 for ​foreign companies that provide machinery to contract manufacturers, handing a major win to Apple ⁠which had lobbied for such changes, and is fast expanding in the market. File | Photo Credit: Reuters India has proposed extending tax exemptions until 2041 for ​foreign companies that provide machinery…

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India’s manufacturing sector activity growth falls to 5-year low in July amid challenging market condition: PMI

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India’s manufacturing sector activity growth falls to 5-year low in July amid challenging market condition: PMI

Image used for representational purposes. File | Photo Credit: Reuters India’s manufacturing sector activity growth fell to a five-year low in July, due to slower rise in new business orders amid increasingly challenging market conditions, a monthly survey said on Monday (August 3, 2026). The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index, fell from…

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NTPC posts 15% growth in power generation in July, 9.5% on a year-to-date basis

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NTPC posts 15% growth in power generation in July, 9.5% on a year-to-date basis

A signboard of NTPC seen outside its office in Mumbai | Photo Credit: Reuters NTPC’s power generation surged 9.5% on a year-to-date basis. State-owned power generation company NTPC saw a 15% growth in power generation in July compared with the prior month. This is higher than the 11% month-on-month growth in power generation that the…

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Business

SIMA calls for budgetary support to address demands of Tamil Nadu’s textile industry

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SIMA calls for budgetary support to address demands of Tamil Nadu’s textile industry

Tamil Nadu’s textile industry needs budgetary allocation from the State government to address some of its critical needs for future growth, according to the Southern India Mills Association (SIMA). The Association said in a press release on Monday that Tamil Nadu’s textile industry, employing about 70 lakh people, accounts for nearly 25 % of India’s…

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