Stay Connected. Stay Informed.
Business
Production of cotton during the current marketing season that commenced on October 1, 2025 is estimated to be seven lakh bales less than the previous year. The Committee on Cotton Production and Consumption that met in Mumbai on July 29 expected the production this season to be 290.24 lakh bales of 170 kg each while…
Read More “Cotton production to drop in the 2025-2026 season” »
The Indian government has over the last few months been walking a tightrope between maintaining its strategic objectives and encouraging more trade and investment from the two largest economies in the world — the U.S. and China This balancing act has seen gradual and incremental relaxations in several long-held policies of the government — whether…
Read More “India’s balancing act to attract more investment from China, U.S. and boost trade” »
Image used for representational purposes. File | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) penalised Zee Entertainment Ltd (ZEEL) along with its promoters Subhadh Chandra and Punit Goenka ₹1.5 crore and barred them from the stock market for one year for diverting company assets to benefit promoter-linked entities. In SEBI’s final order,…
Read More “SEBI slaps ₹1.5 crore fine on Zee Entertainment top bosses for fund diversion” »
Image used for representational purposes. File | Photo Credit: Reuters The Reserve Bank on Saturday (August 1, 2026) said its concessional swap facility, introduced to encourage foreign currency inflows, has attracted $40.82 billion till July 31. The swap facility has seen avid interest and attracted steady forex inflows since June 8, 2026, the central bank…
Read More “RBI says $40.82 billion mobilised under forex swap facility till July 31” »
Gross CGST revenue during the month stood at ₹39,835 crore, while SGST and Integrated GST mop-up were ₹47,881 crore and more than ₹1.23 lakh crore, respectively. File | Photo Credit: Getty Images/iStockphoto Gross Goods and Services Tax (GST) collections grew 15.4% to more than ₹2.11 lakh crore in July on higher mop-up from sales and…
Maruti Suzuki India Ltd, India’s largest Passenger Vehicles (PV) company in July 2026 reported wholesales of a total of 241,421 units, up 34% YoY including domestic sales of 200,123 units, up 42% YoY. Passenger car wholesales grew 42% YoY to 103,456 units while Utility Vehicles (UV) sales surged 49% to 78,851 units. The sales to…
The Union government’s flagship scheme for offshore exploration aims at catalysing reserves of more than 600 million metric tonnes of oil equivalent (MMTOE). Representational image | Photo Credit: Getty Images/iStock Seeking to provide a fillip to India’s offshore exploration, the Union Cabinet on Friday (July 31, 2026) approved an outlay of ₹84,084 crore for the…
Read More “Union Cabinet approves ₹84,084 crore for offshore exploration scheme ‘Samudra Manthan’” »
Image used for representational purposes. File | Photo Credit: Reuters India’s Adani Energy Solutions may launch another share sale for institutional investors by early next fiscal year, after securing 35 billion rupees (about $367 million) in a similar fundraise this week, two sources familiar with the matter said on Thursday (July 30, 2026). Companies belonging…
Read More “Adani Energy plans another share sale by early next fiscal, sources say” »
Tech giant Apple has posted record June quarter revenue of $109.4 billion, up 16% on a year-on-year basis, supported by double-digit growth in most emerging markets, including India, but flagged business risks in the next few quarters due to rising memory chip prices and supply constraints, according to a top company official. While America continues…
Securities and Exchange Board of India (SEBI). File | Photo Credit: Reuters Markets regulator SEBI on Friday (July 31, 2026) said the off-market sale of unlisted equity shares by an existing shareholder through private negotiations will not be treated as a deemed public issue, provided the number of purchasers does not exceed the statutory limit…