Business

The Investment Friendliness Index should not push States to replicate the same model, but serve as a roadmap for building stronger, regional investment ecosystems

The rupee edged up 2 paise to close at 95.43 against the US dollar, supported by falling crude oil prices and gains in domestic equities. However, a stronger dollar and foreign investor outflows limited gains, traders said

Jio Platforms has received Sebi’s approval to proceed with an IPO potentially worth Rs 37,700 crore, which could become India’s largest public listing. The offering is expected to value the company at about USD 137 billion and primarily repay Reliance Jio borrowings

India's ex-mill sugar prices have fallen around 20 per cent amid adequate stocks, with retail prices also beginning to ease, the Consumer Affairs Ministry said. From September, fortnightly quotas and mandatory dispatch within seven days will improve supply movement and curb hoarding

The rupee gained 6 paise to settle at 95.39 against the US dollar on Friday, supported by lower global crude prices and RBI intervention. However, a stronger dollar and foreign investor outflows kept the domestic currency under pressure

Digital payments to merchants in India rose 19.6 per cent year-on-year to Rs 11.73 lakh crore in July 2026, driven by UPI and credit card spending. UPI-P2M accounted for 77.3 per cent of total merchant payments during the month

Gold prices extended their decline for a fourth straight session on Friday, with MCX October futures falling to Rs 1,58,100 per 10 grams. Prices have dropped 3.25% in four sessions as investors assess US monetary policy and market signals.

Ola Electric has launched the S1Z electric scooter range, bringing its indigenous Bharat Cell LFP technology to the mass market. Priced from Rs 79,999, the scooters offer up to 301 km of range, with deliveries beginning in December 2026

The rupee fell 10 paise to 95.55 against the US dollar in early trade on Friday, pressured by foreign investor outflows and global oil supply disruptions, though a weaker dollar and softer crude prices helped prevent a sharper decline

India and Canada aim to conclude negotiations on a Comprehensive Economic Partnership Agreement by the end of 2026 and begin Bilateral Investment Treaty talks, while also exploring wider UPI use and targeting expansion of bilateral trade to CAD 70 billion by 2030

Benchmark indices Sensex and Nifty rebounded in early trade on Friday after two days of losses, led by gains in blue-chip IT stocks and positive global cues, while Brent crude slipped and foreign institutional investors remained net sellers of Indian equities

The effectiveness of the new law will depend on how clearly the accompanying rules are drafted. Frequent amendments and inconsistent interpretations could bring complexity back

HDFC Bank is considering an appeal against an NCLT order approving Subhash Chandra’s repayment plan, under which creditors will receive only Rs 6.5 crore against admitted claims exceeding Rs 22,000 crore. HDFC Bank’s Rs 680-crore claim has 3.2% admitted

The rupee pared its initial gains to settle 11 paise lower at 95.55 against the US dollar, pressured by a stronger greenback and weak domestic markets. Easing crude prices provided some support, while analysts expect the currency to trade within 95-96

Gold prices in India remained flat at Rs 1,59,650 per 10 grams in futures trade on Thursday, with muted spot demand weighing on the market. October contracts on the Multi Commodity Exchange slipped marginally by Rs 13, while earlier in the session futures had dropped sharply to Rs 1,56,692.

OpenAI has expanded ChatGPT Ads to India, its second‑largest market, targeting logged‑in adult users on Free and Go tiers ahead of a planned IPO. Ads will appear at the bottom of chatbot responses, remain clearly labelled, and exclude minors and sensitive topics.

The Sensex and Nifty ended lower on Wednesday after giving up early gains, dragged by Reliance Industries and IT stocks. The Sensex fell 183 points to 77,472.94, while the Nifty declined 127 points to settle at 24,207.75

Nestle CEO Philipp Navratil said India could become one of the company’s top five global markets in the near term, citing strong growth, rising consumption, urbanisation and investment opportunities. The company also plans to expand exports from India

India’s LNG imports rose 24 per cent to $5.6 billion during April-July, with the US emerging as an increasingly important source amid the West Asia crisis. India has also diversified LNG and crude oil sourcing to reduce supply risks

India’s housing market is witnessing a sharp shift towards premium and luxury homes, with their share of new launches rising significantly since 2022. Meanwhile, affordable housing’s share has fallen, while strong collections and deleveraging have strengthened developers’ balance sheets

Adani Energy Solutions has won a Rs 4,700 crore transmission project to evacuate 4,500 MW renewable energy from Karnataka to Maharashtra. The 36-month Satara project will add 562 circuit kilometres of lines and 9,000 MVA transformation capacity, supporting pumped storage and grid stability

Canadian Prime Minister Mark Carney’s stand could become a test for middle powers and offers lessons for India on trade diversification, resilience and strategic autonomy

The rupee strengthened 26 paise to close at 95.44 against the US dollar on Tuesday, supported by gains in domestic equities, a weaker dollar and falling crude prices. Analysts said RBI intervention and oil prices would remain key near-term drivers

FSSAI said several food companies, including Mondelez India and Amway India, withdrew misleading product claims and revised packaging following regulatory notices. Mondelez removed health and nutrient claims, while Amway dropped “100%” from its coconut oil label and discontinued “Energy Drink” terminology