Business

However, the promoter group firms that Reliance Industries chairman controls earn a dividend income of Rs 3,655 crore

Tata Consultancy Services (TCS) has announced salary hikes for 80% of its employees, primarily in junior and mid-level roles, effective September 1, 2025. The announcement comes even as the company prepares to lay off around 12,000 employees this year as part of a strategy to become a "future-ready organisation."

In a move to further escalate trade tensions, U.S. President Donald Trump signed an executive order on Wednesday imposing an additional 25% tariff on goods imported from India. The new levy is in retaliation for India's continued import of Russian oil, despite U.S. sanctions

Paytm is now fully Indian-owned after Ant Group exited by selling its residual 5.84 per cent stake. The move marks a major shift in the company’s ownership structure, aligning with its long-standing vision of building a homegrown tech champion

WhatsApp has rolled out a ‘Safety Overview’ feature to protect users from being added to unknown groups, as part of a broader anti-scam push. Over 6.8 million scam-linked accounts were banned, with operations disrupted across Southeast Asia

Infosys has inaugurated a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka. Part of its global Living Labs network, the facility enhances digital innovation and pushes its local workforce beyond 1,000 employees

RBI Governor Sanjay Malhotra dismissed US President Donald Trump's "dead economy" jibe, asserting that India is doing well and contributing 18% to global growth—more than the US. Inflation won't be impacted by potential oil-related sanctions, he added

JK Tyre launched its luxury Levitas tyre range at a stylish supercar showcase in Mumbai. Featuring top motorsports names like Akhilesh Reddy and Gaurav Gill, the event also introduced the 2025 India Racing Festival and record-setting stunts at Umling La Pass

RBI Governor Sanjay Malhotra assured that the central bank will continue to take necessary steps to support India’s economic growth amid global trade uncertainties. He also expressed optimism about an amicable resolution to ongoing trade negotiations

US tariffs on Indian exports, set to take effect August 7, will have a minimal GDP impact of 0.19%, affecting $8.1 billion in trade, says PHDCCI. The think tank has outlined a four-pronged plan to manage the fallout.

The Reserve Bank of India on Wednesday kept the repo rate steady at 5.5% after three consecutive cuts, citing global tariff uncertainties. The FY26 growth forecast remains at 6.5%, while inflation projection is lowered to 3.1%.

According to sources, Reliance Group Chairman sought to deny any involvement in the case, maintaining that all the financial decisions were taken by the internal board of his companies

New Delhi calls the threat of additional tariffs “unjustified and unreasonable”

Over 84,000 gaming account credentials were leaked in India in 2024, according to cybersecurity firm Kaspersky. The Asia-Pacific region leads globally in gaming-related data breaches, with over 11 million accounts exposed worldwide amid rising mobile and digital penetration

The Centre informed Parliament that 48 passengers were placed on India’s 'no-fly list' till July 30 this year due to unruly behaviour. The DGCA rules prescribe bans ranging from three months to over two years based on severit

Income tax returns filed online must be verified within 30 days, or they will be considered invalid. With the AY25-26 deadline set for September 15, tax experts urge users to complete the e-verification step to ensure their returns are processed

The company has declared an interim dividend of Rs 4 per equity share, to be paid on or before August 21

The US President had mounted a sharp attack on India and Russia for their close ties and said the two countries can take their “dead economies down together”

The Aerocity facility, currently in the final stages of construction, is expected to command a monthly rent of around Rs 25 lakh

Tesla awarded Elon Musk $29 billion worth of stock, months after a court struck down his earlier $56 billion pay. The new shares match terms of the old plan. Musk has appealed, and Tesla is reviewing his compensation

In a world shouting for our attention, boredom is resistance. It is a quiet rebellion against the tyranny of productivity

The NPPA has cut retail prices of 35 essential medicines, including antibiotics, anti-diabetics, and cardiovascular drugs, to make healthcare more affordable. Retailers must comply or face penalties under DPCO and the Essential Commodities Act

India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, affecting inflation and fuel pricing.

SBI Research expects the RBI to cut the repo rate by 25 basis points in August, citing soft inflation, early festive demand, and global headwinds. It warns against delayed action that may miss the current policy window