Business

August 2, 2026 11:08 AM

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2nd edition of Handloom Hackathon 2.0 – Weaving Innovations concluded at IIT Delhi

The second edition of Handloom Hackathon 2.0 - Weaving Innovations has concluded at IIT Delhi. Organised in collaboration with the Ministry of Textiles, the Hackathon was aimed at harnessing technology, design, entrepreneurship and sustainable solutions to strengthen India’s handloom sector. The Hac...

August 1, 2026 1:37 PM

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GST collections rise 15.4% to ₹2.11 lakh crore in July

Goods and Services Tax (GST) collections in the last month witnessed a significant rise to 2,11,205 crore rupees, marking a 15.4 percent year-on-year increase from 1,83,065 crore rupees in July 2025. According to the provisional data released by the Finance Ministry, Gross domestic GST revenue stood...

July 31, 2026 8:01 PM

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GeM completes 10 years as India’s trusted digital public procurement platform

  Government e Marketplace (GeM) today launched the 10-day celebrations ahead of its 10th Foundation Day. The event also witnessed the unveiling of the official GeM 10th Foundation Day logo, symbolising a decade of its journey in building India's trusted digital public procurement ecosystem. Address...

July 31, 2026 7:12 PM

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SEBI clarifies rules for sales of shares of unlisted companies

  The Securities and Exchange Board of India, or SEBI, has clarified the rules for the sale of unlisted company shares. It said that if an existing shareholder sells such shares through a private deal to not more than 200 buyers in a financial year, the sale will not be treated as a public issue.   ...

July 31, 2026 7:45 PM

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Oil prices up

 Global crude oil prices rose today. Brent crude was trading 1.4 per cent up at 90 US dollars and 25 cents per barrel in intra-day trade. West Texas Intermediate crude was trading 2.6 per cent up at 85 US dollars and 77 cents per barrel, when reports last came in. 

July 31, 2026 7:07 PM

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Asian European indices in gains

  In Asian markets, South Korea’s Kospi index jumped 17.9 per cent, reversing its three-day losing streak amid renewed buying in chip stocks. Japan's Nikkei 225 gained four per cent.    Meanwhile, the Bank of Japan has left its policy rate unchanged at one per cent. However, in its outlook, the BOJ ...

July 31, 2026 4:58 PM

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US stock markets up due to gains in chip stocks

Major US indices rallied yesterday, led by gains in chip stocks. The Nasdaq Composite Index jumped 2.8 per cent, ending a six-day losing streak. The S&P 500 rose almost 1.7 per cent and the Dow Jones Industrial Average settled 1.2 per cent higher. Meanwhile, the US economy grew at a slower pace ...

July 30, 2026 8:09 PM

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India’s first sovereign-backed maritime insurance product launched

  The Department of Financial Services (DFS) has launched India’s first sovereign-backed Protection and Indemnity insurance product under Bharat Maritime Insurance Pool (BMIP). Addressing the launch event in New Delhi today, DFS Secretary Sanjay Lohiya congratulated all stakeholders involved in the ...

July 30, 2026 5:56 PM

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Govt debunks social media video of FM promoting investment scheme

  The government has debunked a video circulating on social media claiming that Finance Minister Nirmala Sitharaman has promoted an investment scheme promising easy monetary benefits. The Fact Check Unit of the Press Information Bureau (PIB) informed that the video is fake and has been created using...