Business

Net FDI in India declined to USD 6.95 billion in FY26 from USD 27.99 billion in FY23 due to higher repatriation by foreign investors and increased ODI outflows, the government told Rajya Sabha. Gross FDI, however, reached a record USD 94.84 billion

Samsung will introduce India-specific AI features, including an AI-powered bill payment reminder, in its next Galaxy smartphone. Developed by its Noida and Bengaluru R&D centres, the initiative aims to deliver personalised AI solutions while strengthening India's role in Samsung's global innovation ecosystem

Tata Group-owned Air India and its subsidiary Air India Express reported a combined net loss of Rs 22,238 crore in FY26, more than double the previous year’s loss, as revenues fell nearly 9% to Rs 71,870 crore. Air India Chairman N. Chandrasekaran told shareholders the airline’s turnaround is a long-term process, likely spanning 5–10 years.

A total of 576 individuals reported gross incomes of Rs 100 crore or more in Assessment Year 2025-26, up four-fold from five years ago. The government also highlighted declining unemployment and measures aimed at reducing income inequality and promoting inclusive economic growth

The rupee appreciated 61 paise to close at 95.92 against the US dollar, supported by a sharp fall in crude oil prices, easing geopolitical tensions, a stronger domestic equity market and weakness in the US dollar, according to forex traders

Crude oil futures on the MCX fell nearly 8 per cent as easing geopolitical tensions between the US and Iran triggered a sharp decline in global oil prices. Analysts, however, warned that risks to oil supplies remain due to continued regional security concerns

Indian benchmark indices ended higher after snapping a five-session losing streak, supported by falling crude oil prices and easing geopolitical tensions. Improved global sentiment, a stronger rupee and gains in IT stocks helped lift investor confidence, pushing the Nifty close to the 24,000 mark

The Income Tax Department said more than 4 crore income tax returns have been filed for AY 2026-27 and urged eligible taxpayers to complete the process before the July 31 deadline to avoid last-minute rush and ensure smooth processing of returns

PL Wealth retained its overweight stance on Indian equities, citing strong long-term fundamentals despite risks from inflation, crude oil prices, the rupee and foreign outflows. The report recommends phased investments in quality stocks while favouring infrastructure, financials and manufacturing themes

The rupee appreciated 28 paise against the US dollar in early Monday trade, supported by declining crude oil prices, easing geopolitical tensions in West Asia, a weaker dollar index and strong domestic equities, even as foreign institutional investors remained net sellers.

Indian benchmark indices opened higher as falling crude oil prices boosted investor sentiment. Sensex climbed over 549 points and Nifty gained 160 points, with all sectoral indices advancing. IT, financial services and FMCG stocks led gains amid easing global oil prices

The Centre's Corporate Mitra Scheme aims to support MSMEs with affordable compliance, taxation, accounting and governance services while training young graduates as para-professionals. IICA Shillong conducted an awareness webinar to promote the initiative, particularly across the North Eastern Region

Development should not only be measured by highways, hospitals and digital platforms, but also by how effortlessly people access them

Benchmark equity indices are expected to remain under pressure this week as rising crude oil prices, geopolitical tensions and mixed corporate earnings weigh on investor sentiment. Analysts see immediate resistance for the Sensex at 76,300 and crucial support for the Nifty near 23,600

Stock markets are expected to remain driven by developments in the West Asia conflict, crude oil prices, the US Federal Reserve's policy decision and domestic earnings this week. Investors will also monitor June IIP data and key corporate quarterly results for market direction

India attracted Rs 14,945 crore in FPI equity inflows through July 24 as weakening global chip trade benefited markets. However, rising crude oil prices, geopolitical tensions and foreign selling pressured equities, with analysts highlighting oil prices as a key market factor

Nepal has allowed Indian and Nepali citizens to carry Indian Rs 200 and Rs 500 notes up to INR 25,000, if issued after November 9, 2016. The move aims to ease currency movement, boost tourism and facilitate cross-border trade

Hyderabad-based Skyroot’s orbital success signals a startup revolution, and a turning point for India’s private space industry

The India-UK Free Trade Agreement could elevate bilateral trade to $115 billion by 2030 and generate up to 10 lakh jobs, according to an Assocham study. The deal entered into force on July 15, 2026, boosting key export sectors

The government said the US has placed India in the lower 10 per cent tariff bracket under Section 301 measures on forced labour concerns. Around 45 per cent of India's exports remain exempt, while both countries continue negotiations on a bilateral trade agreement

If the premier space agency is to retain its best talent, it must modernise career pathways, reward innovation and foster a more attractive and empowering workplace

India's cotton production declined to 290.91 lakh bales in FY26 from 352.48 lakh bales in FY21 as cultivation area shrank. The government said productivity remained stable and assured that domestic demand would continue to be met through production, carry-over stocks and imports

Honda Motorcycle and Scooter India has unveiled 10 new two-wheelers and reaffirmed its multi-technology strategy, combining ICE, electric mobility and alternative fuels. The company said sustainability must remain practical while strengthening its Make in India manufacturing and export plans

Infosys shares fell nearly 3 per cent after the IT major lowered the upper end of its FY27 revenue growth guidance despite reporting a 12.2 per cent rise in June quarter net profit. The company also announced Ashiss Kumar Dash as CEO-designate