Business

Shares of Reliance Power and Reliance Infrastructure hit their lower circuit limits after the ED summoned Chairman Anil Ambani in a money laundering probe. The case involves alleged loan diversions exceeding Rs 17,000 crore across his group companies

NSDL’s IPO was oversubscribed 15 times on the final day, driven by strong interest from NIIs and retail investors. The grey market premium rose to Rs 937. Share allotment is on August 2, and listing is set for August 6, 2025

Gold prices dipped Rs 400 to Rs 97,620 per 10 grams in Delhi, tracking weak global cues and persistent selling by stockists. Silver prices tumbled Rs 2,500 to Rs 1,09,500 per kg as investor sentiment weakened due to US Fed’s hawkish stance

An executive order from President Trump imposes a 25 per cent tariff on Indian goods, but petroleum products are on an exclusion list; analysts are awaiting details on a separate penalty for energy ties with Russia

Congress MP Manish Tewari has called for the government to take back Air India from the Tata Group, citing poor management and safety concerns. His comments come after a London-bound flight was delayed and a DGCA audit flagged 51 safety lapses at the airline

The real estate firm's net profit touched Rs 598 crore, while sales booking fell 18 per cent to Rs 7,082 crore due to a high base effect

Wholesales decline 4 per cent year-on-year, driven by a slump in passenger vehicle dispatches; commercial vehicle sales show a 7per cent jump

Amid stiff competition and user complaints, the company's stock price and market capitalisation have also plummeted. The firm reported a Q1 FY26 net loss, signaling a challenging financial period

Adani Enterprises reported a 49 per cent decline in Q1 profit to Rs 734 crore, impacted by weaker coal trading due to reduced demand. While revenue dropped 14 per cent, airport EBITDA surged 61 per cent, and new infra projects are progressing steadily across key verticals

Chief Minister Siddaramaiah has announced the Karnataka Quantum Mission with a Rs 1,000 crore fund to build a USD 20-billion quantum economy. The mission targets 10,000 jobs, global partnerships, and cutting-edge R&D under Quantum Vision 2035

Air India’s Delhi-London flight AI2017, operated with a Boeing 787-9 aircraft, aborted takeoff at Delhi airport due to a suspected technical issue. The airline arranged an alternative aircraft while ensuring passenger care during the delay

Airports and clean energy led the growth. Overall consolidated EBITDA stood at Rs 3,786 crore, with PBT at Rs 1,466 crore and income at Rs 22,437 crore

The move will help mobilise ₹20,000 crore in additional lending, benefiting over 8.25 lakh cooperatives and 29 crore members

This follows SEBI's ban on Jane Street for allegedly disrupting the derivatives segment. The ongoing investigation is a significant enforcement action in India's capital markets, impacting index options activity

Congress leader Rahul Gandhi attributed this to BJP's policies, further claiming a US trade deal will be dictated by Trump. Gandhi also criticised the government's handling of foreign policy and its alleged impact on India's global standing

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Tobago’s adoption of Aadhaar, UPI, and DigiLocker reflects India’s strategic digital diplomacy to spur innovation in friendly nations

Donald Trump announced a 25% tariff on Indian goods, effective August 1, criticising high trade barriers and India's ties with Russia. His Truth Social post accused India of unfair practices and dependency on Russian military and energy supplies

Airline sees 7.47 per cent decline in revenue from operations to Rs 20,496 crore in the April–June quarter, from Rs 22,152 crore in the preceding quarter

Air India Express has rolled out its regular 'Payday Sale' with up to 15% discounts on fares across its network. The offer runs until August 1 for travel until March 31, 2026, with added benefits on Xpress Lite bookings

Asian Paints reported a 6.2 per cent drop in Q1 net profit to Rs 1,117 crore and a marginal dip in revenue. While domestic demand remained soft, international markets and industrial coatings segments showed growth. Margins were impacted by higher marketing spends

Andhra Pradesh Chief Minister N Chandrababu Naidu also engaged with SIA Engineering on MRO services and will meet top Singaporean leaders for investment talks

Normalised profit before tax stood at Rs 3,683 crore after key one-off adjustments

SEBI has internal mechanisms to address conflict of interest, including a disclosure and recusal framework, the Centre told Parliament. A high-level committee has been set up to review and strengthen regulations under new Chairperson Tuhin Kanta Pandey’s leadership