"business-news"

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

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

With nearly 20 lakh accounts removed proactively the platform also introduced tools like Status Ads and Promoted Channels to expand business features, amid ongoing user safety efforts

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

The Reserve Bank of India is expected to maintain the status quo on repo rates in the August 6 MPC meet, as per HSBC Global Investment Research. The report projects 7 per cent GDP growth in upcoming quarters despite inflation and corporate margin pressures

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

Swiggy reported a net loss of Rs 1,197 crore for Q1 FY26, nearly doubling from a year earlier, largely due to a Rs 896-crore loss from Instamart. Despite this, revenue rose 52 per cent YoY to Rs 5,048 crore and GOV jumped 108 per cent

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

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