BUSINESS
Indian Rupee Rises Against US Dollar Amid Ongoing Tariff Worries
Hope that negotiations between the US and Russia on August 15 may open the door for the resolution of the Russia-Ukraine war—and even lead to the cancellation of these extra tariffs—lifted sentiment.
US Tariff on India 'Unfair and Unworkable' as Europe Leads in Russian Energy Imports: Report
The Telegraph pointed out the outrage in India, stating, "It's not only Trump's hypocrisy that has the Indians in outrage mode – it's the injustice of being penalized for violating no law. Russian oil sales are not sanctioned by the EU or US, but they are subject to a price cap intended to maintain world oil supply stable while restricting the gains for the Kremlin."
India’s Stand Against US Economic Coercion Sends Strong Message to Developing Nations: Report
India's take-stand attitude points to its commitment towards economic sovereignty at the cost of short-term economic benefits.
China Must Avoid Demands That Strain Economies of Regional Allies: Report
While both nations had ambitious designs encompassing several projects, recent setbacks — particularly regulatory problems — have raised questions about the long-term prospects of Chinese investment, the Daily Sun, a leading Bangladeshi newspaper, has stated.
Indian Markets Fall 0.9% This Week on US Tariff Worries, FII Outflows
Equities maintained their phase of consolidation for yet another week, a pattern since the beginning of July, as investor mood was subdued due to fears of high global interest rates, poor international leads, and consistent profit-booking by heavyweights, said analysts on Saturday.
Not a single case of engine failure or breakdown due to ethanol blending, says Hardeep Puri
In comparison with Brazil, where cars have been running on E27 without issues for years, Puri brushed aside allegations casting doubts about the safety of the fuel, attributing them to some vested interests attempting to "create confusion" and stall India's ethanol revolution — an attempt he emphasized would fail.
India's defence production surges to all-time high of Rs 1.51 lakh crore in FY25, says Rajnath Singh
This number is an 18% increase over last year's ₹1.27 lakh crore and a staggering 90% increase since FY 2019–20, when output was at ₹79,071 crore.
SBI Reports 12.5% Growth in Q1 Net Profit, Reaches Rs 19,160 Crore
Operating profit of SBI in Q1 FY26 reflected good growth, going up 15.49 percent from the year-ago period at Rs 30,544 crore.
SBI Report Slams US 50% Tariffs, Urges India to Keep Safeguards for Farmers
The document reinforced that India, while protecting its sovereignty, needs to be dedicated to protecting its farmers from possible exploitative actions by some international corporations.
BSE Posts Strong Q1: Profit Doubles to ₹538 Cr, Revenues Surpass ₹1,000 Cr
In a release on Thursday, BSE reported its highest-ever quarterly revenue of ₹1,044 crore for the quarter ended April–June, FY26. This represents a remarkable 56% increase from ₹668 crore reported in the first quarter ended June 30, 2024.
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