Business

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.

Researchers from Israel’s Weizmann Institute and Intel Labs have developed algorithms that enable different AI models to collaborate using a shared language. The system boosts speed by up to 2.8 times and could enhance AI performance in phones, cars, and drones

India dismissed concerns over potential US sanctions on Russian oil imports, with Oil Minister Hardeep Singh Puri saying the country can meet its crude needs from other sources. Russia now supplies 40 per cent of India’s oil, up from just 0.2 per cent in 2022

Apple achieved record iPhone production and exports in India during H1 2025, driven by a 53 per cent year-on-year rise. With Foxconn and Tata leading output, the move marks a strategic shift away from China and strengthens the Make in India push

Bharti Airtel has partnered with AI platform Perplexity to offer its 360 million customers a free one-year Perplexity Pro subscription worth Rs 17,000

Sensex and Nifty opened higher on Thursday but slipped into negative territory amid cautious investor sentiment ahead of India-US trade talks. FII outflows and underwhelming Tech Mahindra earnings weighed on markets, even as global oil prices and US equities rose.

The rupee rose 12 paise to 85.80 against the US dollar on Thursday, supported by falling crude prices and progress in India-US trade talks. Gains were capped by FII outflows and a firm dollar. Brent crude traded lower at USD 68.46.