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Infantino gains African backing amid FIFA disputePublished on: August 4, 2026 11:45 PM

Pakistan, Aug. 5 -- African football leaders have backed FIFA President Gianni Infantino as he seeks support ahead of next year's presidential election. The backing comes amid criticism over FIFA's le... Read More


RBI to standardize rules on loan rates to improve transparency, consumer protection

Mumbai, Aug. 5 -- The Reserve Bank of India (RBI) plans to draft rules to standardize the pricing of loans by regulated entities, aiming to improve transparency and consumer protection, governor Sanja... Read More


DRI busts psychotropic drug manufacturing unit in Maharashtra's Satara district

New Delhi, Aug. 5 -- The Directorate of Revenue Intelligence (DRI) busted an illegal psychotropic drug manufacturing facility in Satara district in Maharashtra and arrested two persons as part of a su... Read More


High frequency indicators point towards steady domestic demand in Q1FY27

Mumbai, Aug. 5 -- Reserve Bank of India (RBI) has stated in its latest monetary policy statement today that the Indian economy has remained resilient amidst persisting global headwinds. High frequency... Read More


Ola Electric jumps after entering utility-scale battery energy storage business

Mumbai, Aug. 5 -- The company signed the MoU with Axis Energy, outlining the potential deployment of up to 20 GWh of battery energy storage systems (BESS) by 2032. The agreement also envisages scaling... Read More


Indonesia tailors internet expansion to local conditions

Jakarta, Aug. 5 -- The Indonesian government is moving away from relying solely on Base Transceiver Station (BTS) towers to expand internet access, opting instead to tailor its approach to local geogr... Read More


Rate-sensitive stocks rise after RBI MPC outcome; Nifty Auto hits record high, Nifty Realty up over 2.5%

RBI MPC Meeting, Aug. 5 -- Rate-sensitive sectors witnessed strong buying interest on Wednesday after the Reserve Bank of India (RBI) kept policy rates unchanged and raised its economic growth forecas... Read More


Indias forex reserves continue to be adequate, offer import cover of over 10 months

Mumbai, Aug. 5 -- Sanjay Malhotra, Governor of the Reserve Bank of India (RBI) has stated today that India's foreign exchange reserves continue to be adequate in terms of the standard metrics of reser... Read More


China's AsymBio secures $184 M capital injection to support long-term growth

Singapore, Aug. 5 -- AsymBio, a China-based biologics-focused Contract Development and Manufacturing Organization (CDMO) and a subsidiary of Asymchem Group, has announced a total capital injection of ... Read More


South Africa's economic heartland

South Africa, Aug. 5 -- Central South Africa - encompassing the Free State, Northern Cape, North West and Vaal - is far more than a route between major metros. It is a strategic economic hub that driv... Read More