Category: Business

Business

Centre extends PM-Kisan for four more years, allocates ₹3.15 lakh crore

July 31, 2026 admin

Image used for representational purposes. File | Photo Credit: Mohd Arif The Union Cabinet on Friday (July 31, 2026) approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme from 2026–27 to 2030–31, with a total financial outlay of ₹3.15 lakh crore. The scheme provides financial assistance of ₹6,000 per year for farmers….

Business

Indian Oil has crude supplies secured for entire August, most of September

July 31, 2026 admin

Indian Oil Corp has crude oil supplies secured for the entirety of August and most of September, Arvinder Singh Sahney, Chairman of the state-owned oil-marketing company told reporters on Friday (July 31, 2026). File | Photo Credit: Reuters Indian Oil Corp has crude oil supplies secured for the entirety of August and most of September,…

Business

Maruti Suzuki Q1 net profit down 11% to ₹3,352 crore on high material cost

July 31, 2026 admin

Maruti Suzuki. File | Photo Credit: Reuters Maruti Suzuki India Ltd., India’s biggest passenger vehicles company, for the period April-June, FY 2026-27 (Q1), reported a 11% fall in net profit to ₹3352 crore as compared to ₹3758 crore in the year-ago period, as high material prices eat into its margin. During the quarter, the company’s…

Business

Rupee rises 15 paise to close at 95.35 against U.S. dollar

July 31, 2026 admin

Rupee remained in positive territory against the U.S. dollar on July 31. File | Photo Credit: Getty Images/iStockphoto The rupee remained in positive territory on Friday (July 31, 2026), gaining 15 paise to settle at 95.35 (provisional) against the U.S. dollar, tracking foreign capital inflows and support from the Reserve Bank of India. However, higher…

Business

Markets extend rally to third day; Bajaj Finance surges over 8%

July 31, 2026 admin

Bajaj Finserv, Mahindra & Mahindra, Adani Ports, Tata Steel, Reliance Industries, Bharat Electronics and Titan were also among the winners. Tata Consultancy Services, Eternal, Infosys, ITC and InterGlobe Aviation were among the major laggards. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended higher for the third day on Friday (July 31,…

Business

NSE says SEBI agrees in principle on settlement offer over past lapses for ₹1,491.21 crore

July 31, 2026 admin

NSE’s auditor ‌said ⁠in the exchange’s results ⁠report that the bourse had received a letter from SEBI accepting NSE’s ‌proposed settlement offer. File. | Photo Credit: Reuters The National Stock Exchange said ‌on Thursday (July 30, 2026) that the Securities and Exchange Board ⁠of India (SEBI) has granted in-principle approval to settle certain past regulatory…

Business

What are the various charges banks collect from customers | Explained

July 31, 2026 admin

The story so far: Both public sector and private banks have been charging customers fees for various services they provide, such as the use of debit cards, ATM facilities, and account maintenance charges. While some of these charges have now been withdrawn, especially by public sector banks (PSBs), some others have seen an increase over…

Business

Rupee rises 20 paise to 95.30 against U.S. dollar in early trade

July 31, 2026 admin

Rupee maintained its upward trajectory, rising 20 paise to 95.30 against the U.S. dollar in early trade on July 31. File | Photo Credit: Getty Images/istockphoto The rupee maintained its upward trajectory, rising 20 paise to 95.30 against the U.S. dollar in early trade on Friday (July 31, 2026), tracking foreign capital inflows and a…

Business

Temporary respite: On the June 2026 data for the Index of Industrial Production

July 30, 2026 admin

The June 2026 data for the Index of Industrial Production has come as a pleasant surprise. The 23-month high growth rate of 7.3% of the overall index was unexpected given the significant economic headwinds from the West Asia crisis and a deficient monsoon. Some of the growth was due to a low base, since the…

Business

Maruti’s Hansalpur facility attains 10 lakh capacity, becomes Suzuki’s biggest production site globally

July 30, 2026 admin

Maruti Suzuki India on Thursday (July 30, 2026) said its Hansalpur-based manufacturing facility in Gujarat has attained 10 lakh annual production capacity, making it Suzuki’s largest passenger vehicle production site globally. With the start of production at the fourth plant (Plant D) at Hansalpur, Maruti Suzuki’s total manufacturing capacity across Haryana and Gujarat has risen…

Business