Business

Commerce Minister Piyush Goyal said India now negotiates trade agreements from a position of strength, focusing on balanced partnerships. Robust foreign reserves, low inflation, and renewable energy targets reinforce the country’s growing global economic confidence and investment attractiveness

Gold and silver prices surged to new all-time highs in India on Friday, tracking a global rally and weaker dollar. Robust investor demand, US–China tensions, and rate-cut expectations boosted safe-haven appeal, with gold gaining over Rs 2,000 on MCX.

Hyderabad-based MEIL has bagged a USD 225.5 million project from Kuwait Oil Company to design, build, operate, and maintain a gas sweetening and sulphur recovery facility in West Kuwait, marking a major milestone in its Middle East expansion.

The rupee gained 21 paise to 87.75 against the US dollar on Friday, supported by foreign fund inflows, a softer greenback, and likely RBI intervention. Analysts expect further appreciation as investor sentiment improves and crude prices remain low.

Mumbai’s Sensex and Nifty rebounded after a weak start, supported by foreign fund inflows and hopes of US Fed rate cuts. Gains in select stocks and positive investor sentiment fueled the recovery despite mixed global cues and tech sector laggards

The Nobel-winning work of Mokyr, Aghion and Howitt carries a warning for India — unchecked monopoly power, restricted inquiry, or rising inequality could bring back stagnation

Wipro reported a marginal 1.2 per cent rise in Q2 net profit to Rs 3,246.2 crore, with revenue up 1.7 per cent to Rs 22,697.3 crore. CEO Srini Pallia emphasized strengthening growth in Europe and APMEA and scaling operations with AI-led strategies

Infosys reported a 13.2 per cent rise in Q2 net profit to Rs 7,364 crore, with revenue up 8.6 per cent. The IT firm raised its FY26 growth outlook, declared an interim dividend of Rs 23 per share, and added over 8,000 employees

Pushkaraj Sabharwal and the Federation of Indian Pilots have approached the Supreme Court, seeking a judicially monitored inquiry into the June 12 Air India AI171 crash in Ahmedabad. They allege the AAIB report unfairly blames the pilots

India and Brazil agreed to deepen trade and investment ties across energy, agriculture, technology, and defence sectors. High-level discussions between Commerce Minister Piyush Goyal and Brazilian Vice President Geraldo Alckmin set a USD20 billion trade target over five years

Gold prices have surged over 50 per cent in 2025, hitting USD 4,000, driven by Asian demand, central bank purchases, and safe-haven buying. Slower mine output and strong domestic imports in India and China are fueling the steepest rally since the 1970s

Russian Ambassador Denis Alipov said Moscow’s energy partnership with India aligns with New Delhi’s national interests, describing Russian crude as the most cost-effective option globally. His remarks came after US President Donald Trump claimed Modi assured him of reduced oil imports

India reaffirmed that its oil and gas import policy is guided solely by consumer interests and market stability, amid reports of US pressure to curb Russian crude purchases. Officials said India continues to diversify energy sources to ensure secure supplies

Sensex and Nifty surged in early trade amid global market rallies and US Fed rate cut hopes. Fresh foreign fund inflows and strong Q2 earnings from Axis Bank boosted sentiment. Asian markets traded higher; trade talks with the US continue

Reliance Jio has introduced India’s first safety-centric mobile phone under its JioBharat series, aimed at protecting vulnerable users from digital threats. Unveiled at IMC 2025, the budget handset features real-time tracking, content filtering, and health monitoring, making it ideal for children, women, and senior citizens.

Sensex and Nifty opened higher on Wednesday, buoyed by gains in Asian markets amid expectations of US Federal Reserve rate cuts. Asian Paints, NTPC, and Bajaj Finance led Sensex gains, while FIIs offloaded Rs 1,508.53 crore in equities.

The Indian rupee recovered 88 paise to 87.93 against the US dollar, aided by a declining dollar index, lower crude prices, and RBI intervention. Market watchers note the impact of US Fed rate cut signals, global uncertainties, and ongoing US shutdown.

Google’s Raiden Infotech will invest over ₹87,500 crore in Andhra Pradesh for gigawatt-scale data centres, receiving ₹22,000 crore in government incentives. The project is expected to create thousands of jobs and strengthen AP’s position as a digital hub.

Gold surged to a record ₹1.27 lakh per 10 grams on MCX, tracking global gains as US-China tensions and hopes of Fed rate cuts boosted safe-haven demand. Silver also rose, while global gold hit near-record highs.

With rising debt and modest revenue growth, the State must balance ambition with fiscal prudence to secure sustainable and inclusive development

MedPlus Health Services shares fell over 3.6 pre cent after its subsidiary, Optival Health Solutions, received a 15-day drug license suspension at a Karnataka store, potentially affecting revenue. Despite setbacks, CareEdge reaffirmed its financial ratings for the company’s bank facilities

India and the US are progressing on the first phase of the Bilateral Trade Agreement. An Indian delegation is expected to visit Washington this week to discuss increased imports of oil, gas, and renewable technologies, strengthening trade and energy cooperation

India has opened applications for three flagship global AI challenges—AI for All, AI by HER, and YUVAi—offering a total prize pool of Rs 5.85 crore. Winners will showcase their innovations at the India-AI Impact Summit 2026 in New Delhi

Companies are prioritizing mid and senior-level training as AI and generative AI reshape workplaces. Demand for leadership and specialized skill development is rising, with IT, BFSI, and manufacturing sectors leading initiatives to enhance employee retention and career progression