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Chandni Chowk underground wiring project delayed after wires found to be more than anticipated

India, Aug. 5 -- The Delhi government's plan to move overhead electricity and telecom cables underground in Chandni Chowk has been delayed after surveys revealed far more utility lines than originally... Read More


Nykaa's Q1 Snapshot, Klassroom Wraps Up IPO & More

India, Aug. 5 -- Nykaa's Stellar Q1 Nykaa fired on all cylinders in Q1. The quarter saw the beauty ecommerce giant clock a three-fold jump in profits, expand margins and increase its footprint. Meanw... Read More


Kenya unveils carbon market rule book and caps the overseas sale of carbon credits

New Delhi, Aug. 5 -- Kenya has introduced a cap on the amount of carbon emissions credits it will authorize for sale to overseas buyers, unveiling one of Africa's most detailed rule books for internat... Read More


Monetary policy status quo: the decision taken by RBI's rate-setting panel is inexplicable

New Delhi, Aug. 5 -- 'Non-event', is how a more outspoken observer of the Reserve Bank of India (RBI) described the 62nd meet of its Monetary Policy Committee (MPC), in the run-up to the just-conclude... Read More


Income Tax Department's NUDGE drive leads to 1.25 crore updated ITRs, Rs.9,494 crore extra tax

New Delhi, Aug. 5 -- The Income Tax Department's technology-driven NUDGE campaign has led to 1.25 crore taxpayers voluntarily revising or updating their income tax returns over the past two financial ... Read More


Stocks to watch: Bharti Airtel, Nykaa, PB Fintech, BSE among shares in focus today; check list here

Stock market today, Aug. 5 -- Indian benchmark indices moved in opposite directions on Tuesday, August 4, in an unusual trading session, with the 30-share Sensex rising over 0.60% while the NSE Nifty ... Read More


SpaceX shares plunge 13% as AI spending overshadows earnings beat; down over 50% from post-listing peak

New Delhi, Aug. 5 -- SpaceX shares plunged 13% in Wednesday's trade, falling to an intraday low of $109.21, even after the company reported better-than-expected quarterly revenue and a narrower-than-e... Read More


'Right policy can drive explosive category growth': UBL's Vivek Gupta

New Delhi, Aug. 5 -- United Breweries Ltd (UBL) reported a mixed set of Q1FY27 results. Revenue from operations rose 10 per cent year-on-year to Rs.5,919.44 crore from Rs.5,380.78 crore, while net sal... Read More


RBI to resume 'on-tap' licensing of urban co-operative banks, review lending rate framework

New Delhi, Aug. 5 -- The Reserve Bank of India (RBI) on Wednesday announced a series of regulatory measures, including plans to resume licensing of Urban Co-operative Banks (UCBs) on an 'on-tap' basis... Read More


AIADMK slams TVK's maiden budget as a rebranding of old schemes; questions govt's plan to manage Rs 10.98 lakh cr debt

Chennai, Aug. 5 -- AIADMK General Secretary Edappadi K Palaniswami on Wednesday dismissed the TVK government's maiden budget as a major disappointment, alleging that the administration has merely rebr... Read More