Category: Business

Business

FPIs reverse four-month selling trend with ₹20,200 crore inflow in July

August 2, 2026 admin

Despite the turnaround in July, foreign investors have pulled out a net ₹2.54 lakh crore from Indian equities so far in 2026, way more than the ₹1.66 lakh crore withdrawn during the whole of 2025. Image for representation. | Photo Credit: Getty Images/iStockphoto After four straight months of selling, foreign investors turned net buyers of…

Business

Zomato, Urban Company gig workers embrace NPS, contributing up to ₹5,000 weekly: HDFC Pension’s CEO

August 2, 2026 admin

HDFC Pension is seeing encouraging early signs from its push into India’s gig economy, with workers increasingly contributing to their National Pension System (NPS) accounts, according to Sriram Iyer, Managing Director and CEO of HDFC Pension. In an interaction, he said that the company’s partnerships with Zomato and Urban Company have fundamentally changed how it…

Business

Tata Trusts is moving towards building institutions, from just funding projects, says its Chairman, Noel Tata

August 2, 2026 admin

“Tata Trusts, the philanthropic arm of the Tata Group, has decided to move beyond its traditional role of supporting non-governmental organisations and development programs to create institutions capable of serving future generations,” said Noel Tata, Chairman of Tata Trusts, in Bengaluru on Sunday, (August 2, 2026). Participating in a fireside chat at IIMBue 2026, an…

Business

Petrol, diesel consumption surge in July amid lower-than-usual monsoons

August 2, 2026 admin

Representational file image. | Photo Credit: Sushil Kumar Verma Consumption of diesel and petrol surged about 9.4% and 8.7% respectively in July from the same month last year, primarily fuelled by lower-than-usual monsoons increasing the demand for the two retail fuels among farmers who require them to run their irrigation machinery and tractors, among other…

Business

Coal production increased 7.5% in July, dispatches surge 17.3% on higher power demand

August 2, 2026 admin

India produced 69.75 million tonnes (MT) of coal in July. File India’s coal production soared 7.5% in July from the comparable period last year while dispatches surged 17.34% amid increased demand for power during the period which saw lower-than-normal monsoons. Official data indicated that the country’s power consumption grew by about 11% in June compared…

Business

Vodafone Idea gets ₹26.8 crore DoT notice for alleged default in spectrum-related rollout obligations

August 1, 2026 admin

Image used for representational purposes. File | Photo Credit: Reuters The Telecom Department has issued a notice to Vodafone Idea for payment of Rs 26.83 crore in liquidated damages, citing alleged default in minimum rollout obligations in respect of spectrum allocated under auctions of 2022, the telco said on Saturday. The company said it is…

Business

India will be the biggest destination for Japanese capital in a decade: AMFI chairman Sundeep Sikka

August 1, 2026 admin

Sundeep Sikka, chairman of the Association of Mutual Funds in India (AMFI) and MD & CEO of Nippon Life India Asset Management. | Photo Credit: Special arrangement India will emerge as the biggest destination for Japanese capital in the next 10 years, with financial services, technology, startups and social ventures in the country likely to…

Business

What is the Samudra Manthan scheme all about? | Explained

August 1, 2026 admin

The story so far: The Union Cabinet on Friday (July 31, 2026) approved an outlay of ₹84,084 crore for the Oil Ministry’s National Offshore Exploration Scheme. ‘Samudra Manthan’ seeks to provide a fillip to India’s ambitions in deepwater and ultra-deepwater explorations. The scheme, which, among other things, seeks to de-risk offshore exploration and catalyse private…

Business