Business

Tech Mahindra shares rose over 3 per cent after the company reported a 28.4 per cent increase in consolidated net profit for the June quarter. The IT firm also expressed confidence in sustaining growth, backed by a strong order book and robust demand

The rupee appreciated 14 paise to 96.28 against the US dollar in early trade, supported by gains in domestic equities. However, higher crude oil prices, geopolitical tensions in West Asia and continued FII outflows limited the local currency's advance

The India-UK Free Trade Agreement is set to deepen economic engagement, boost bilateral trade and create new opportunities for businesses, workers, investors and exporters in both countries

Hyderabad has become one of India's busiest technology hubs, home to global capability centres and marquee names in IT, finance and consulting.

The National Stock Exchange (NSE) will launch derivatives contracts on the Nifty India FPI 150 Index from August 12, following Sebi’s approval. The contracts will include futures and options, cash-settled on the last Tuesday of the expiry month.

Paytm will consider its first-ever bonus share issue on July 20 alongside Q1 FY27 results after posting its maiden full-year profit. The proposed bonus aims to improve stock accessibility, boost liquidity, and reflects confidence in sustained growth, stronger profitability, and business recovery

Indian equity markets opened higher, led by strong buying in IT stocks amid positive global cues and investor optimism. Benchmark indices gained in early trade as technology shares advanced, while market participants remained focused on corporate earnings and broader economic developments

India has amended its Foreign Trade Policy to create a legal framework for prohibiting imports of goods produced using forced labour. The move aligns India's trade regime with global labour standards and comes amid a US Section 301 probe into countries that lack explicit bans on such imports

Swiggy’s Instamart has partnered with Hindustan Petroleum Corporation Limited (HPCL) to deliver LPG cylinders, debuting HPCL’s new 10-kg composite cylinder, HP Navya, in Bengaluru. Consumers can order HP Navya or a 5-kg metal cylinder directly on Instamart without requiring an existing LPG connection.

Gold prices remained unchanged at Rs 1.46 lakh per 10 grams in Delhi on Wednesday, while silver fell for the third consecutive session. Weak domestic demand weighed on bullion prices, even as global markets tracked geopolitical tensions and US inflation data

The RBI has proposed a comprehensive data governance framework requiring banks, NBFCs and other regulated entities to strengthen data risk management, establish executive-level oversight and adopt lifecycle-based governance. Stakeholders have been invited to submit comments on the draft guidelines by August 17

Benchmark indices Sensex and Nifty rebounded sharply in early trade on Wednesday, supported by gains in banking stocks and softer-than-expected US inflation data. Positive global cues boosted investor sentiment despite foreign fund outflows and continuing geopolitical uncertainty

The rupee appreciated 5 paise to 96.11 against the US dollar in early trade on Wednesday, supported by a weaker dollar and positive domestic equities. However, higher crude oil prices, foreign fund outflows and tensions in West Asia limited the currency's gains

Navi Mumbai International Airport launched its international operations with Air India Express operating the first overseas flight to Abu Dhabi. The airport, which began domestic services in December 2025, has already connected 46 domestic destinations and served over 2.3 million passengers

SBI Funds Management’s Rs 9,812.91-crore IPO was fully subscribed on the second bidding day, led by strong demand from non-institutional investors. The issue, valued at around Rs 1.2 lakh crore, closes on July 16 and is entirely an offer for sale.

India’s pharmaceutical innovation is accelerating, with patent families increasing four-fold and over 1,095 drug discovery programmes underway. A BCG-HealthKois report highlights stronger research, investment, regulatory reforms, and indigenous breakthroughs, positioning India as a rising global life sciences innovation hub

The rupee depreciated 48 paise to close at 96.16 against the US dollar, pressured by rising crude oil prices, geopolitical tensions and increased demand for the greenback, while higher imports and foreign fund outflows further weighed on the domestic currency

Applications from Indian students to Germany increased 370 per cent in the first half of 2026, driven by growing demand for artificial intelligence and technology programmes, as students increasingly prioritise affordability, career prospects, visa pathways and post-study employment opportunities

India's wholesale inflation rose to 9.87 per cent in June, driven by higher food, fuel and manufacturing costs amid the West Asia crisis and Strait of Hormuz disruptions. Rising global energy prices also pushed retail inflation higher, increasing pressure on the economy

The India-UK Comprehensive Economic and Trade Agreement takes effect on Wednesday, granting Indian exporters duty-free access to most UK markets while reducing tariffs on British goods. The pact is expected to boost trade, investment, jobs and opportunities across manufacturing, agriculture, services and MSMEs

Indian benchmark indices Sensex and Nifty fell sharply in early trade as rising crude oil prices, renewed West Asia tensions, foreign fund outflows and weak global markets dampened investor sentiment. Aviation, finance and technology stocks led losses, while Brent crude climbed above $84 per barrel

The new Labour Codes mark an important legal milestone for gig workers, but key questions over social security, employment status and enforceable protections remain unresolved

Global markets came under pressure as Brent crude climbed following renewed tensions in the Middle East. Rising oil prices and losses in AI-related technology stocks weighed on Wall Street, while investors awaited major US corporate earnings and monitored inflation concerns.

Aditya Birla Renewables Ltd will acquire Sprng Energy from Shell Overseas Investment BV in a USD 1.8 billion deal, expanding its renewable energy portfolio to about 9.3 GWp. The acquisition is expected to be completed by the end of 2026, subject to regulatory approvals