Brazil Invests 2.3B Reais in AI for Tech Independence
Brazil commits 2.3 billion reais to boost its AI ecosystem, partnering with US & Chinese firms like Huawei to achieve technological independence and drive innovation.
Avenue Supermarts Invests ₹500 Cr in DMart Ready Amid Losses
Avenue Supermarts commits ₹500 crore to DMart Ready, focusing on 11 core cities to achieve profitability amidst rising losses and a competitive online grocery market.
SBI Chief: Sustained Consumption, Bank Funding Shift Ahead
SBI Chairman C.S. Setty predicts strong consumption demand, driven by GST rationalization, and a major 5-10 year shift in bank funding strategies with robust credit growth.
India Core Sector Growth Slows to 5.4% in July
India’s core sector growth decelerated to 5.4% in July, down from 6.0% in June, impacted by declines in iron ore, steel, and electricity output.
India Real Estate Sees Major Drop in Global Investor Interest
Foreign investment in Indian real estate plummets to one-third of FY20-21 peak due to global economic shifts, higher interest rates, and geopolitical risks.
India’s Economic Growth: Statistical Models Under Scrutiny
SPJIMR professor Vidhu Shekhar critiques statistical models, exposing flaws in assessments of India’s economic growth under PM Modi. Learn why claims of overstated growth may be unreliable.
NTA Defends Rs 200 Answer Key Challenge Fee
The National Testing Agency (NTA) explains its Rs 200 answer key challenge fee deters frivolous claims and ensures fairness for exam candidates. Fee refunded if challenge is successful.
UPI Introduces 0.3% Merchant Fee on Transactions Over ₹2,000
UPI to implement a 0.3% merchant discount rate on transactions above ₹2,000. Learn about the impact on businesses and consumers.
Supreme Court Clarifies ‘Industry’ Definition Under Indian Law
India’s Supreme Court prospectively refines the 1978 ‘triple test’ for defining ‘industry’ under the Industrial Disputes Act, 1947, impacting future labor law cases.
India’s Weight-Loss Drug Boom Fuels Beauty & Nutrition Market
As GLP-1 drugs like Ozempic gain traction in India, a new market for beauty and nutrition products emerges to combat side effects like facial volume loss and hair thinning.
Moldova: Affordable EU Education for Indian Students
Discover why Moldova is becoming a top choice for Indian students seeking affordable European higher education, with English-taught programs and EU alignment.
NCLT Admits Insolvency Plea Against Reliance Entertainment
Mumbai NCLT initiates insolvency proceedings against Reliance Entertainment Studios for a ₹11.94 crore default owed to Pen India. Learn more.
India’s Housing Boom: Young Professionals Lead Homebuying
Young professionals in India are driving a housing boom, fueled by rising incomes, savings, and high rents. Discover why first-time buyers are shifting to homeownership.
Jharkhand High Court Halts JPSC Exam Appointment Cancellations
Jharkhand High Court grants interim relief, staying cancellations of appointments for 11th & 13th JPSC exam selections, including Food Safety Officers.
Shriram Finance Slashes Loan Costs After Credit Upgrade
Shriram Finance, a leading Indian non-bank lender, reduced borrowing costs on its $1.3B syndicated loan by 60-80 basis points following a credit rating upgrade.
Supreme Court Sends RCom Bank Guarantee Case to High Court
The Supreme Court has directed Reliance Communications (RCom) to approach the High Court regarding the DoT’s ₹801.91 crore bank guarantee invocation for deferred spectrum dues.
Nifty Ends Losing Streak, Reclaims Key DEMA Levels
India’s Nifty index breaks a seven-session losing streak, closing up 0.64% at 24,231. Analysts watch for sustained recovery above key DEMA levels.
CBDT FAST-DS: Black Money Act Immunity, Not FEMA Protection
India’s CBDT FAST-DS offers immunity under the Black Money Act for unreported foreign assets but lacks protection under FEMA, posing potential risks.
Bangladesh Mutual Funds Skip Dividends Amidst DSE Surge
Eight closed-end mutual funds in Bangladesh declared no dividends for FY2026, despite an 18% DSE index rise, citing past losses and provisioning.
India-Singapore Strengthen Ties with New Pacts
India and Singapore bolster bilateral ties with new pacts in telecommunications, maritime heritage, and food safety signed at the 4th Ministerial Roundtable.
China Boosts Yttrium Oxide Exports to US Jet Engine Makers
China’s July yttrium oxide exports to the US surged to 29 tonnes, easing supply concerns for American aerospace firms amidst complex rare earth trade dynamics.
Sebi Eases FPI Onboarding with Digital Signatures
Sebi now allows digitally signed powers of attorney for FPIs, streamlining registration and enhancing ease of doing business in India.
RBI Board: Anand Mahindra Reappointed, Somanath Panicker Appointed
Anand Mahindra reappointed, Somanath Panicker joins RBI Central Board as part-time directors. Key appointments for India’s central banking oversight.
Singapore Boosts Fund Sector: Tax Exemptions & Easier Visas
Singapore introduces new tax exemptions and visa easing for fund managers to strengthen its asset management industry and compete globally.
India’s Private Credit Market Dominated by Domestic Funds
Domestic funds captured 74% of India’s private credit deal value in H1 2026, signaling a significant shift in local capital’s role, driven by corporate financing needs.
RBI Advances FCNR(B) Deposit Deadline to Aug 31
RBI moves FCNR(B) deposit swap facility deadline to August 31, 2026. NRIs & OCIs, act fast to benefit from higher interest rates without INR risk.
India’s Services Exports Dip: AI’s Impact on $16.95B Decline
India’s net services exports fell to $16.95B in July 2026, impacted by AI’s disruption of outsourcing, widening current account deficit concerns.
DPIIT, PhonePe, Shell India Partner to Boost Startups
DPIIT partners with PhonePe and Shell India to offer startups access to tech, expertise, and market opportunities, focusing on fintech and climate-tech.
India-EU Trade Deal: Legal Scrubbing Done, Signing Expected 2024
India and the EU finalize legal scrubbing of their free trade agreement. Signing anticipated this year, promising major economic shifts and duty-free access for 93% of Indian goods to the EU.
PSBs’ Low Forex Derivative Use Hurts MSMEs: RBI DG Jain
RBI Deputy Governor Rohit Jain points out public sector banks’ low forex derivative market participation, limiting MSMEs’ currency risk hedging options. Learn more.