Business

Nissan Motor India reported a 66.5 per cent increase in total wholesale sales to 9,339 units in July. Domestic wholesale sales more than tripled year-on-year, while exports also recorded steady growth compared with the corresponding month last year.

JSW MG Motor India reported a 22 per cent rise in wholesale dispatches to 8,158 units in July, marking its highest-ever monthly sales. The company's new energy vehicle portfolio contributed more than 80 per cent of total wholesale sales during the month.

Critical reforms in labour, land, agriculture, education, healthcare, infrastructure and the justice system are still pending

Former Chief Secretary K Ramakrishna Rao highlighted Telangana’s rapid economic growth from 2014 to 2026, noting a fourfold rise in the State budget and a jump in per capita income from 10th to 3rd position nationally.

IndiGo will take a call on its next aircraft order in 2030 after evaluating next-generation aircraft technology, Managing Director Rahul Bhatia said. The airline aims to adopt advanced, fuel-efficient planes while continuing its expansion with more than 900 aircraft already on order

Crude oil futures fell nearly 3 per cent on Friday as improved tanker movement through key West Asia shipping routes eased immediate supply concerns. However, geopolitical risks remained, with analysts citing continued uncertainty over Kazakhstan's exports and regional tensions

Bajaj Finance shares surged 7 per cent on Friday after the NBFC reported a 28 per cent year-on-year rise in June-quarter consolidated profit to Rs 6,081 crore. The company also posted strong income growth and improved asset quality during the quarter

Industry experts said Apple's strong ecosystem, pricing power and loyal customer base are expected to help it outperform the smartphone industry despite rising component costs. The company reported record June-quarter revenue, while analysts forecast continued value growth in India

Benchmark indices Sensex and Nifty traded higher in early deals on Friday, supported by a strong rally in Bajaj Finance, foreign fund inflows and lower crude oil prices. However, profit-taking in IT stocks limited the overall gains in the market

The rupee rose 20 paise to 95.30 against the US dollar in early Friday trade, supported by foreign capital inflows and lower crude oil prices. A stronger dollar limited gains, while domestic equities opened higher and foreign investors remained net buyers

Cockroach Janta Party must broaden its mission beyond examination integrity to address education and employment challenges

Supreme Court’s suggestion to define digital arrest in criminal law and make it a standalone offence with stricter punishments merits serious consideration

Mahindra & Mahindra Ltd reported a 34 pc year-on-year rise in Profit After Tax to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments. Revenue surged 28 pc to Rs 58,188 crore, with SUV and tractor sales boosting market share despite commodity inflation.

A bipartisan group of US lawmakers urged Apple to stop sourcing memory chips from Chinese firms CXMT and YMTC, citing national security concerns. Senators warned the move could increase dependence on China-linked suppliers and asked Apple to provide commitments by August 21

India's gold demand declined 6% year-on-year to 131.4 tonnes in Q2 2026 due to higher prices, customs duty increase and reduced purchases. Despite lower volumes, gold demand value hit a record level as consumers continued investing, with festive demand expected to support future consumption

FSSAI has recalled a batch of Wonderland Raisins manufactured by Sun Organic Industries after tests found pesticide residues above permissible limits. The regulator ordered an immediate recall, periodic compliance reports and corrective measures under the Food Safety and Standards Act, 2006

Domestic equity benchmarks opened flat on Thursday as gains in IT and pharma stocks were offset by weakness in banking and realty. Sensex slipped 15 points to 77,638, while Nifty edged down less than a point to 24,249.

The Income Tax Department said over 5 crore ITRs have been filed for AY 2026-27 and urged taxpayers to file ITR-1 or ITR-2 before the July 31 deadline. It advised early filing after reconciling documents to avoid portal congestion and technical issues

The Bangalore Hotels Association (BHA) has warned that hotels in Bengaluru will suspend business with Swiggy from August 15 if the food delivery platform fails to address issues of payment transparency, unauthorised deductions, and advertising charges.

High logistics costs, reliance on cash on delivery, low order values, and weak unit economics continue to weigh on the sector

Adani Enterprises reported its highest-ever quarterly EBITDA of Rs 5,642 crore in Q1 FY27, registering 49 per cent year-on-year growth. The company highlighted strong performance across airports, copper, solar modules and infrastructure platforms, along with new milestones in its expansion journey

The rupee strengthened for the fourth consecutive session, gaining 16 paise against the US dollar to close at 95.66. Positive domestic equity markets, foreign fund inflows and a weaker dollar supported the currency, while crude prices and global developments remained key factors

The Sensex and Nifty rebounded more than 1 per cent on Wednesday, driven by gains in IT stocks, HDFC Bank and foreign fund inflows. Strong corporate earnings and positive domestic fundamentals lifted investor sentiment despite weak global cues and higher crude oil prices

Finance Minister Nirmala Sitharaman received dividend cheques from LIC, Union Bank of India and New India Assurance for FY 2025-26. The Finance Ministry also highlighted the strong financial performance of public sector banks, including record profits, improved asset quality and historically low NPAs