Business

CoinDCX has reported a USD 44.2 million security breach linked to an internal operational account. Founders assured users their funds remain unaffected. The company is bearing the entire loss and has launched a forensic investigation with global cybersecurity firms

UIDAI will launch a phased initiative to update Aadhaar biometrics of children via schools, targeting over 7 crore pending updates. With parental consent, biometric kits will be sent to districts and rotated across schools for easy access

Global immigration firm Garant.in says financially independent Indians are increasingly investing in property or startups abroad to secure residency in France, Italy, Greece, Grenada, and more — with citizenship opportunities and global travel access driving the trend

Andy Byron, CEO of Astronomer Inc., resigned after a viral jumbotron video showed him embracing chief people officer Kristin Cabot at a Coldplay concert. The incident sparked an internal investigation and reignited debate on privacy, leadership accountability, and internet surveillance

Oil regulator PNGRB has directed city gas distributors to charge a uniform rate for piped natural gas supplied to households, regardless of consumption. The move seeks to prevent misclassification of commercial users as domestic consumers and ensure fair pricing

With total shipments reaching over 14.57 lakh units. Passenger vehicles hit a record high, while two-wheelers, commercial vehicles, and three-wheelers also registered strong gains, buoyed by global demand recovery

India leads the world in fast payments, with UPI processing over Rs 24 lakh crore in June 2025 alone. Backed by the IMF, the system handles over 640 million daily transactions, revolutionising global digital payments and promoting financial inclusion

Dr Reddy’s received a Form 483 with seven USFDA observations after inspecting its Srikakulam manufacturing plant in Andhra Pradesh

Ashok Leyland plans to adopt a proactive strategy to navigate global megatrends like electrification and supply chain disruption. Chairman Dheeraj G Hinduja said the company will invest in EVs, forge tech partnerships, and deepen international market presence

Prime Minister Narendra Modi lauded TVS Motor executives for promoting Kutch's culture through their coffee table book, created after a motorcycling event at Rann Utsav 2025. Modi praised the initiative and invited tourists to explore Kutch’s heritage and landscapes

Gold prices are expected to stay range-bound amid global trade uncertainty, key US macroeconomic data, and central bank cues. While domestic festive demand may offer support, a stronger US dollar and volatility persist. Silver surged on tightening supply and industrial demand

Standalone profit rose to Rs 18,155 crore, while gross NPAs inched up to 1.4 per cent and margins narrowed

The bloc has committed USD 100 billion investment over 15 years, with India offering lower tariffs on Swiss products and expanded services access

The Enforcement Directorate has summoned Meta and Google officials in a money laundering probe tied to illegal betting platforms. The agency wants to examine how such platforms place ads on digital outlets

Former Chief Justice of India D Y Chandrachud advised the company to consider legal action, stating the report harms Vedanta's reputation and business interests

Sri Lankan rubber exporters are urging the US to cut Trump-era tariffs to 15–20 per cent to stay competitive with Indonesia. A government delegation is in Washington negotiating relief as the current 30 per cent duty threatens USD300 million in annual exports

Samsung’s seventh-generation foldable smartphones — Galaxy Z Fold7 and Flip7 — received a record 2.1 lakh pre-orders in India within 48 hours. The company credits young Indian consumers for rapidly adopting its Made-in-India, AI-powered foldable technology

India and the United States concluded the fifth round of negotiations for a proposed bilateral trade agreement in Washington. Talks focused on tariffs, agriculture, and key sectors, with both sides aiming to finalise an interim deal before the August 1 deadline

Individuals and HUFs with capital gains income can now e-file returns. The filing deadline for non-audited cases has been extended to September 15

Rosneft owns 49.13 per cent stake in Nayara Energy Ltd, formerly Essar Oil Ltd. EU sanctions means Nayara cannot export fuel such as petrol and diesel to European countries

The acquisition gives Dodla a strong foothold in the high-growth eastern market and accelerates its pan-India ambitions

The company aims to integrate Kelvinator’s legacy with its retail strength to offer high-quality global products to Indian households

Benchmark indices opened lower on Friday as weak Q1 results from Axis Bank dragged banking stocks. Continued FII selling and cautious sentiment around earnings further weighed on markets. Power stocks bucked the trend while global markets remained mixed.

The rupee gained 6 paise to 86.06 against the US dollar on Friday, supported by softer crude prices and a weaker dollar. However, continued foreign fund outflows limited further gains. Equity markets also opened lower amid trade deal uncertainties.