Business

Gold and silver prices declined nearly 2 per cent on Wednesday amid concerns over higher global interest rates and a stronger US dollar. Analysts expect continued pressure on precious metals unless prices reclaim key resistance levels, while investors remain cautious about future market direction.

Infosys Chairman Nandan Nilekani told shareholders at the 45th AGM that AI will not replace companies like Infosys but amplify those that adapt with speed and purpose. He projected USD 300–400 billion in AI opportunities by 2030, highlighting Infosys’ relevance in enterprise AI integration.

NITI Aayog vice chairman Ashok Kumar Lahiri said India must diversify its energy sources in light of the West Asia conflict. He described the crisis as a short-term disruption and stressed the need for broader trade and energy security strategies

Tata Motors Passenger Vehicles plans up to Rs 40,000 crore capex over five years to expand capacity, launch six new models and target 20 per cent market share by FY31. The company expects strong EV and CNG-led growth in coming years

Silver futures fell sharply by over 3 per cent to Rs 2.26 lakh per kg, tracking global weakness amid a strong US dollar and rising Fed rate hike expectations. Analysts cited pressure from elevated bond yields and weak overseas demand

Indian stock markets fell over 1 per cent on Tuesday as Sensex and Nifty declined sharply due to global weakness, IT sector selling and foreign fund outflows. Heavy losses in Infosys and TCS dragged benchmarks lower despite selective gains in some stocks

Akasa Air aims to grow capacity by 30 per cent in the current financial year despite geopolitical uncertainties and rising fuel costs. The airline expects strong expansion in the coming years while maintaining financial stability and operational focus across domestic and international routes

Reliance Industries shares ended over 1 per cent higher after Jio Platforms filed draft papers for a proposed IPO that could become India's largest. Investor sentiment was also supported by Mukesh Ambani's growth roadmap focused on AI, broadband, clean energy and consumer businesses

The RBI Bulletin has warned that an adverse south-west monsoon could affect India's growth and inflation outlook. While domestic economic momentum remains strong, geopolitical tensions, trade disruptions and uncertainty surrounding the global economy continue to pose significant risks

Air India will begin direct flights from Guwahati to Dubai and Abu Dhabi from August 4, Assam Chief Minister Himanta Biswa Sarma announced. The move is expected to strengthen international connectivity, boost tourism, trade and investment, and enhance Guwahati’s role as a regional aviation hub

India’s eight core infrastructure industries recorded a modest 0.5 per cent growth in May, led by strong performances in cement, steel and electricity. However, declines in coal, crude oil, natural gas, refinery products and fertiliser production weighed on overall growth

Indian equity benchmarks ended higher on Monday, supported by strong buying in IT and pharmaceutical stocks. Easing crude oil prices improved investor sentiment, while gains in Infosys, Tech Mahindra and Cipla helped offset weakness in FMCG and consumer durable sectors.

The rupee weakened by 15 paise to 94.48 against the US dollar in early trade on Monday as a stronger greenback and geopolitical tensions in the Middle East offset support from foreign inflows, while equity markets opened sharply higher.

Fiscal policy must not be a ledger of receipts and expenditures alone; it must reflect fairness, resilience, and reciprocity between citizens and the state

India's space economy is expected to expand from USD 8 billion to USD 40-45 billion over the next decade, supported by policy reforms, private sector participation and rising commercial activity. The government aims to increase India's share of the global space economy to 8 per cent

A survey of 1,811 HR professionals found that artificial intelligence is becoming a key priority across human resource functions. Most respondents cited improved efficiency and productivity as the main driver, while many also reported gains in recruitment, onboarding and workforce planning

Stock market sentiment this week is expected to be shaped by US-Iran negotiations, crude oil prices and foreign investor activity. Analysts also expect investors to monitor monsoon progress and geopolitical developments, with markets remaining closed on Friday for Muharram

Gold and silver prices are expected to be influenced by US-Iran negotiations, crude oil movements and major global economic indicators next week. Analysts say developments in West Asia, US economic data and central bank signals will remain key drivers of bullion markets

Union Minister Piyush Goyal said India and the European Union are expected to sign a free trade agreement by December, with implementation likely by February-March 2027. The pact is expected to provide duty-free access for about 93 per cent of Indian exports

Tata Motors has secured more than 3,400 orders for electric commercial vehicles, including trucks, buses and small commercial vehicles. The company said the orders reflect growing industry confidence in electric mobility and a shift towards large-scale deployment across transportation and logistics sectors.

The Reserve Bank of India is expected to maintain a wait-and-watch stance and keep the repo rate at 5.25% amid easing global tensions. Policymakers will monitor monsoon progress, inflation trends and crude oil prices before making future policy decisions

The brokerage, citing Sensor Tower daily active user (DAU) data and industry checks, said Flipkart remained the leading e-commerce platform by user engagement as of June 2026, while Myntra continued to pull ahead of rivals in fashion.

The Indian rupee is expected to strengthen further, reducing the likelihood of significant foreign portfolio investor outflows. Improved earnings growth, stable currency performance and anticipated dollar inflows are supporting market sentiment, while concerns remain over weak monsoon conditions and global investment trends

The Enforcement Directorate has attached assets worth ₹1,023.85 crore in an alleged illegal iron ore mining case linked to the Salgaocar Group in Goa. Properties in India and Singapore were seized as part of a money laundering investigation under PMLA