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Trump Accounts: Treasury allows employers to contribute up to $2,500 tax-free for employees' dependents

New Delhi, Aug. 11 -- The US Department of the Treasury and the Internal Revenue Service (IRS) on August 11 issued guidance on employer-sponsored Trump Account contribution programmes, including arran... Read More


Bharat Electronics bags additional orders worth Rs 541 crore

Mumbai, Aug. 11 -- The major orders include communication equipment, electro-optics, ammunition fuzes, Chemical, Biological, Radiological and Nuclear (CBRN) systems, spares and services, among others.... Read More


Eno declines disclosing Lagos building project cost despite its N41.05bn budget

Nigeria, Aug. 11 -- Akwa Ibom State Governor, Umo Eno, has declined to disclose the contract sum of the 18-storey Ibom Tower building being constructed in Lagos State, despite the project having attra... Read More


Contract drugmaker Biodeal snags fresh funding, eyes new markets

New Delhi, Aug. 11 -- Biodeal Pharmaceuticals Ltd, the contract development and manufacturing organisation (CDMO) that last month provided an exit to a private credit fund, has secured growth capital ... Read More


Nifty Prediction Today - August 11, 2026: Nifty futures: Bears gain some traction

New Delhi, Aug. 11 -- Nifty 50 began today's session at 24,575 versus Monday's close of 24,584. The index fell after opening and is now trading at 24,475, down nearly 0.5 per cent. The advance/declin... Read More


Indonesian energy revenues will surpass target, minister says

Jakarta, Aug. 11 -- Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia has said that non-tax state revenue (PNBP) from the mineral, coal, oil, and gas sectors will exceed target projections... Read More


SpaceX's Nvidia tie-up signals AI spending is moving beyond hyperscalers, expert says, 'these sectors matter as.'

New Delhi, Aug. 11 -- SpaceX's earnings call last week took a bigger turn as Elon Musk unveiled a major Nvidia tie-up. Musk said SpaceX will deploy Nvidia's Vera Rubin NVL723 AI systems both in space... Read More


Nifty hovers below 24,500 level; private bank shares decline

Mumbai, Aug. 11 -- The key equity benchmarks continued to trade with modest losses in morning trade tracking weak global cues as uncertainty over the prospects of a US-Iran deal weighed on investor se... Read More


Parliament passes Taxation Bill, Nirmala Sitharaman says UPI payments will remain free

Guwahati, Aug. 11 -- Parliament has passed the Taxation and Other Laws (Amendment) Bill, 2026, with Finance Minister Nirmala Sitharaman clarifying that the legislation does not introduce any tax or tr... Read More


Shiprocket raises Rs.727 crore from anchor investors ahead of IPO launch on Wednesday

New Delhi, Aug. 11 -- E-commerce enablement platform Shiprocket has raised Rs.727.41 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on Wedn... Read More