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Vodafone Idea plans to repay 49,000 crore spectrum dues in 3 years
Vodafone Idea plans to pay nearly 49,000 crore in spectrum dues over the next three years, with payments of about 7,000 crore in FY27, 15,000 crore in FY28 and 27,000 crore in FY29. The telco expects to fund these through higher EBITDA, internal cash generation and fresh bank funding, while also pursuing a 45,000-crore network expansion plan.
Hindalco Industries expands specialty Alumina portfolio
Hindalco Industries commissioned a new facility for specialty alumina in Belagavi. This new plant will produce flame-retardant products for various safety applications. The company is also planning several more specialty alumina facilities soon. These expansions will significantly increase Hindalco's total specialty alumina capacity.
Demand for vaccines surges as H1N1, other influenza cases see a sharp rise
Demand for flu vaccines has significantly increased this year. At-home vaccination services are seeing a substantial rise in bookings. Rapid testing requests are also growing from various Indian cities. This surge is driven by elevated viral spread and increased awareness. Experts recommend annual vaccinations and usual protective measures.
NTPC plans to treble capacity to 244GW by 2037, invest 16.86 lakh crore
NTPC plans to nearly triple its power generation capacity by 2037. The company will invest significantly in renewable and nuclear power expansion. This investment will also cover battery and pumped storage systems. NTPC aims to contribute substantially to the nation's nuclear energy target.
Banks, companies better positioned to weather next downturn: CS Setty, SBI, Chairman
The chairman of the State Bank of India underscores the nation's economic resilience, emphasizing the bank's robust standing in the financial sector. With a growth forecast of 7.5% and inflation consistent with RBI predictions, SBI is gearing up for a remarkable 14-15% rise in credit, driven by retail and SME sectors. The bank is also focusing on enhancing its fee income while aiming for a 1% return on assets.
ACME Solar raises Rs 1,571 crore for 300 MW Rajasthan power project
ACME Solar Holdings announced 1,571 crore project funding from IIFCL. This financing will develop ACME Renewtech Sixth's 300 MW assured peak power project. The company has now secured 10,976 crore in financing this fiscal year. The project's power purchase agreement is with Solar Energy Corporation of India. This agreement is for twenty-five years at a tariff of 6.28 per unit.
Gaana, Fenix360 team up to create direct artist-fan ecosystem
Gaana and Fenix360 have partnered to launch a new artist-fan ecosystem. This integration combines discovery, engagement, and monetization within the Gaana app. Artists can now build digital storefronts and offer merchandise directly to fans. The platform also enables ticket sales and paid live streams for artists. This new ecosystem aims to foster stronger artist-audience connections and revenue streams.
'Croma on turnaround path as losses narrow, quality of growth gets better': CEO
Infiniti Retail, Croma's operator, is on a strong turnaround path, significantly reducing losses. The company achieved operational profitability in FY26, swinging to a profit of 159 crore. Total income grew thirteen percent to 21,784 crore, with sales growth nearly doubling. Infiniti Retail closed thirty-five unviable stores and plans to add forty-five new outlets. Continuous cost optimization is now a habit in the business.
Singapore Airlines' board to retain final say on further Air India investment
Singapore Airlines board will retain the final decision on any further investment in loss-making Air India, chairman Peter Seah told shareholders. He said the board is closely reviewing the investment and would approve additional funding only as circumstances warrant.
Centre allows imported coal in Rs 37,500-crore gasification scheme
The government permits imported coal for gasification projects under a new scheme. This initiative aims to convert coal into valuable chemicals and fuels. Developers will arrange their own fuel supply, with no domestic coal guarantee provided. Foreign companies can bid but must establish a local entity if selected. The scheme offers financial support for plant and machinery costs.
Pernod Ricard weighs options for India IPO, kicks off legal process
Pernod Ricard has confirmed that its board is evaluating a potential IPO of its Indian operations and has begun legal preparations to keep the option open. CEO Alexandre Ricard said the decision is still under discussion and will depend on the strategic rationale and potential shareholder value.
Banks, FIU-IND work on sharper framework to flag money mule accounts
Banks are enhancing suspicious transaction reporting for money mule accounts. They aim for better analysis and pattern identification by the principal officer. Artificial intelligence and machine learning tools are now being deployed. This initiative follows parliamentary committee recommendations for accountability. The goal is to recover funds and prevent financial system misuse.
EIH dispute: Oberoi Hotels told to deposit late chief's dividend with Delhi HC in four weeks
Anastasia Oberoi, daughter of late hotelier PRS Oberoi and Mirjana Jojic Oberoi, had sought to restrain Oberoi Hotels from distributing the final dividend declared in its annual general meeting (AGM) held on September 26 last year, or alternatively sought a direction that the dividend so declared be placed in a separate interest-bearing account in the registry of the HC.
Equity mutual fund returns can vary sharply across categories and schemes. Over a 10-year SIP period, some small-cap and mid-cap funds emerged among the top performers, while certain large-cap, value and flexi-cap schemes featured at the lower end.
BPCL to get first Iraqi crude cargo as Hormuz disruption persists
Bharat Petroleum Corporation will soon receive its first Iraqi crude oil shipment. This move aims to secure supplies while facing disruptions in the Strait of Hormuz. The company is also open to purchasing more Gulf crude on a free-on-board basis. BPCL plans a ship-to-ship transfer of the Iraqi cargo near Fujairah. This diversification strategy helps maintain essential fuel supplies for the nation.
Why are Indian investors increasingly choosing index funds over their 'cheaper cousin' ETFs?
Index funds are becoming increasingly popular among retail investors in the passive investing segment. Here's why Indian investors are choosing index funds over ETFs despite the latter being a cheaper option.
Mahindra Last Mile Mobility planning to double capacity, scouting for new factory site
Mahindra Last Mile Mobility is considering doubling its annual production capacity to meet rising demand for electric three-wheelers. The Mahindra & Mahindra subsidiary currently has capacity to produce 300,000 vehicles a year across plants in Telangana, Karnataka and Uttarakhand.
HDFC Bank staff help prevent Rs 1.12-crore 'digital arrest' fraud
HDFC Bank employees took swift action to block a potential digital scam targeting elderly clients. An attentive staff member noticed an anxious couple trying to send a hefty amount of money while on a video call with someone unknown. Reacting promptly, the bank team identified the suspicious activity and successfully protected the seniors from losing Rs 1.12 crore, showcasing their commitment to customer safety.
A wife sought 4 lakh per month as maintenance for herself and the children at the Gurgaon Family Court. She also asked for 7.5 lakh as litigation expenses. The husband claimed that his annual income had fallen to 36 lakh with other liabilities.
Some stocks and mutual funds may remain in your portfolio despite prolonged underperformance. These zombie investments may no longer fit your strategy or goals. Here's how investors can spot warning signs and review whether such investments still deserve a place in their portfolio.
NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on order
The National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writing off nearly all of Rs 22,000 crore in loans. The Rs 22,006 crore figure represents claims against Chandra as a personal guarantor. Corporate borrowers remain liable for their debts, and creditors retain recovery avenues. This case is an exceptional personal-guarantor resolution, not a corporate debt write-off.
Gifting an SIP to your sister this Raksha Bandhan? Rules, tax traps and how to do it the right way
The simpler approach is to gift the money to your sister and allow her to invest it through an SIP from her own bank account.
We used an EPF calculator to calculate how a 30-year-old can potentially accumulate over 4 crore for retirement by contributing 12% of a monthly salary of 80,000.
Passive funds: Kotak MF suggests where to put your money across market caps, commodities and sectors
Kotak Mutual Fund has highlighted passive investment opportunities amid market correction, spanning indices, commodities, sectors and themes. Heres what the fund house has suggested and how investors should approach this.
Pernod Ricard India sales rise 7% in FY26; IPO plan under discussion
Pernod Ricard reported seven percent sales growth in India for fiscal year twenty twenty six. The company is discussing a potential initial public offering in its second largest market. Global sales saw a decline while India demonstrated strong consumer demand and premiumization. The India-UK Free Trade Agreement is expected to further boost performance and innovation.
Subhash Chandra clears air on Rs 22,000 crore personal insolvency claims against him
Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs 22,000 crore against him in proceedings. A third member of NCLT approved a plan for Chandra to pay Rs 6.5 crore. This decision allows for potential recovery from borrowing entities directly.
Tata Motors rolls out Tata.Cars identity for PV business, aims to meet India's growing aspirations
Tata Motors unveiled a new brand identity called Tata.Cars for its passenger vehicle business. This new identity aims to meet the growing aspirations of Indian customers. The company is charting a new course as India gains more confidence. Tata.Cars will serve as the primary customer-facing expression for the business.
NRIs cannot make fresh investments in Sovereign Gold Bonds but can continue holding SGBs bought while they were residents. They can invest in physical gold, gold mutual funds, e-gold and Gold ETFs, subject to applicable rules.
GST-registered taxpayers filing ITRs for AY 2026-27 need to choose the right form and ensure their turnover and income figures align with GST records. Heres what you need to know about ITR-3 vs ITR-4, turnover reconciliation, GST treatment, and common filing mistakes.
For employees with a substantial home loan, tapping into a portion of their EPF corpus may appear to be a useful option. The money can be used to reduce the outstanding loan, cut the overall interest burden and potentially ease monthly financial pressure.
India Ratings forecasts bank credit growth at fifteen percent for fiscal year twenty twenty-seven. Lenders will face profitability challenges due to new provisioning requirements. Deposit growth is expected to increase, helping to moderate loan-to-deposit ratios. Non-banking finance companies will focus on asset quality amid global headwinds.
Tejas Networks bags Rs 1,537 crore BSNL 4G order from TCS
Tejas Networks secured a Rs 1,537 crore letter of intent from Tata Consultancy Services. This order is for supplying equipment for Bharat Sanchar Nigam Ltd's 4G mobile network. TCS had previously won a Rs 2,903 crore add-on purchase order from BSNL. This new order supports BSNL's indigenous 4G network rollout plans. The agreement will help expand BSNL's network footprint across India.
NPS offers four asset classes and two investment options. While Active Choice lets you decide how your money is allocated, Auto Choice adjusts the allocation based on your age. Heres what you need to know about the available asset classes and allocation limits.
Young salaried investors with EPF may still consider NPS to add market-linked growth and diversify their retirement savings. Experts say starting early can help, but investors should build an emergency fund before significantly increasing NPS contributions.
Zerodha founder Nithin Kamath has raised concerns over the rapid growth of its MTF business, which now stands at 9,000 crore. While the facility boosts buying power, Kamath says it may not suit most investors and could pose risks if markets fall sharply.
When borders blur: Inheritance challenges in NRI marriages
A single estate may be subject to different legal regimes, resulting in succession complexities.
Mutual fund NFOs: 12 funds open for subscription now. Check key details
Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-asset, multi-cap, flexi-cap and sectoral funds. ICICI Prudential Mutual Fund has the highest number of new offerings, while several other fund houses have also launched schemes with subscription deadlines ranging from August 28 to September 10.
Edelweiss Mid Cap among 5 midcap funds that delivered up to 25% CAGR in 3 years. Check details
Five midcap MFs have delivered impressive annualised returns of over 22% in the past three years, with HSBC Midcap Fund topping the list at 24.8%. Invesco India Mid Cap, ICICI Prudential Midcap, WhiteOak Capital Mid Cap and Edelweiss Mid Cap also posted strong double-digit gains, while several other funds delivered comparatively lower returns of 11.6%-13.6%.
Indian equities fell sharply on Thursday, erasing gains during the first monthly expiry under the new closing auction session. Sensex dropped 539 points, or 0.7%, while Nifty declined 117 points, or 0.48%. HDFC Bank and NTPC led losses, while Kotak Mahindra Bank, ICICI Bank and Tech Mahindra gained.
13 midcap stocks deliver over 25% profit growth for two straight quarters; shares surge up to 118%
Thirteen BSE midcap stocks delivered over 25% year-on-year profit growth for two consecutive quarters and gained 40%-118% over the past year, signalling strong earnings momentum and investor interest.
LTM makes fresh tech push from Kolkata with Global Delivery & AI Competency Centre
LTM, the business creativity partner to global enterprises, has inaugurated a new Global Delivery & AI Competency Centre in Kolkata, expanding the L&T Groups technology and AI capabilities in West Bengal. The centre will support global delivery operations, develop AI solutions, create technology opportunities and tap Kolkatas talent pool, academic ecosystem and digital infrastructure as part of LTMs wider India expansion strategy.
Are CGHS centres closed from August 27-31, 2026? Ministry responds as confusion prevails
A fake notice falsely claimed CGHS wellness centres closure due to NEET-PG examination duties. The Directorate of CGHS and PIB Fact Check have denied the authenticity of this notice. Beneficiaries are advised to rely only on official CGHS communication channels. Necessary arrangements will ensure uninterrupted services for all CGHS members.
Tata Power Renewable Energy commissions 72.5 MW solar project in Rajasthan
Tata Power Renewable Energy has commissioned a 72.5 megawatt solar project in Rajasthan. This new facility will supply clean energy to Tata Steel through a subsidiary. The project is expected to generate significant green energy annually and reduce carbon emissions. With this addition, TPREL's total renewable utility capacity now stands at 12.3 gigawatts. This development advances Tata Steel's decarbonisation efforts and India's renewable energy goals.
US weighs a new round of tariffs on semiconductors, says report
Washington is also mulling a phase-in period for the new tariffs and the framework could still be substantially revised in the coming weeks or months, Politico reported.
India's EV market to reach Rs 20 lakh cr by 2030, will create 5 cr jobs: Nitin Gadkari
India's electric vehicle market is projected to reach twenty lakh crore rupees by 2030. This significant growth is expected to generate five crore new employment opportunities across the nation. The government aims to make India's automobile industry the world's number one within five years. Current logistics costs are being reduced, aiding global market competitiveness. Bio-fuel is identified as a key component for the future of transportation.
Want to build a passive portfolio? Know whether ETFs or index funds are better for you
ETFs and index funds offer low-cost passive investing but differ in trading, liquidity, costs and SIP convenience. Heres how investors can choose between the two based on their needs.
Court evicts son from flat for neglecting parents: Can he still claim inheritance rights?
Does the son have any inheritance right over parents property if he failed to take care of parents and court orders eviction? Know what law says. Read the article.
RBI's new framework to ease loan comparisons: How will transparency benefit borrowers?
The RBI proposed clearer rules for banks and NBFCs on loan spreads and APRs to enhance transparency in borrowing. The draft intends to establish a unified framework by 2027, allowing better comparison of loan costs, including a ceiling on APR for small loans.
India plans Rs 13,000 crore in aid to spur battery parts output
India's new plan aims to reduce reliance on Chinese producers and boost local manufacturing. The government sees fostering a domestic battery supply chain as a strategic priority. Existing incentives for cell manufacturing have faced delays due to supply chain issues.
NABARD, NaBFID sign MoU for funding rural infrastructure projects
NABARD and NaBFID have signed an initial pact to strengthen collaboration. This agreement focuses on financing infrastructure projects with significant rural impact. The memorandum provides a framework for joint financing and knowledge sharing. Key areas include water, sanitation, irrigation, and post-harvest storage facilities. This partnership aims to advance rural prosperity and bridge the rural-urban divide.
Nestle wants India to consult on labelling rules
Calling wife barren not cruelty, rules Allahabad HC
Dream11 pivots to global sports platform
Top 3 SIFs account for 70% of industrys AUM in July; Edelweiss Altiva leads the pack
The industry currently has 30 live SIF platforms with total assets of Rs 23,177 crore
Private credit is growing. But is the return worth the risk?
Private credit is attracting investors with returns of up to 22%, but higher yields come with higher credit, liquidity, manager and valuation risks that investors must understand before committing.
45 coal power plants have critical low fuel
New Delhi: Forty five power plants in India are operating with critically low coal inventories, government data showed, as monsoon rains disrupt supplies and electricity demand rises amid hotter-than-usual weather linked to El Nino.The number of plants with coal stocks below 25% of their required inventory or with critically low stocks to generate power for less than three days has risen sharply from 31 at the end of July, the data as of August 25 showed.Of the affected plants, 40 are domestic coal-fired plants, according to data on the website of Central Electricity Authority, a think tank linked to the federal power ministry.Also read: Industry insists on assured offtake for coal gasificationHeavy rainfall in some of the key coal-rich Indian states, including Odisha, Jharkhand and Chhattisgarh has hit mining and slowed the transportation of the fuel for power plants, industry sources said.There has been a significant (inventory) drawdown, particularly through August, resulting in stocks falling 19% from end-July levels, commodities consultancy BigMint said.Coal stocks at power plants stood at 30.95 million tons, equivalent to around 10 days of operational requirement, compared with 12 in July, BigMint said.The lower coal stocks come at a time when the South Asian country is headed for its weakest monsoon since 2009, with uneven El Nino-linked rainfall driving up electricity demand in parts of the country.The uneven monsoon has driven power demand, primarily for air-conditioning. But coal supplies are running hand-to-mouth, an official at the country's largest thermal power producer, NTPC told Reuters.There is a need for five to six rakes at some plants, but we are receiving only half that number, the NTPC official said.India has received 12% less rainfall than normal so far this monsoon season, leading to greater reliance on coal-fired power generation, particularly during the night when cooling demand remains elevated.As a result, the power ministry has asked some of the coal-fired power plants to delay planned maintenance of units until the supply situation becomes clearer, a senior ministry official said.The sources could not be named because they were not authorised to speak to the media.
India gets ready to build its own Samsung, Vivo or Xiaomi
India has emerged as a major global smartphone manufacturing hub, but it is yet to build a home-grown brand of comparable scale. A new Rs 62,500 crore government scheme aims to bridge that gap by incentivising Indian-owned brands, design, R&D and domestic sourcing, with companies such as Lava positioned to benefit.
GAIL plans major expansion in gas, petrochemicals and clean energy, says chairman
GAIL plans pipeline expansion and diversified LNG sourcing for energy security. The company is scaling up petrochemicals and LPG infrastructure to meet demand. Investments in clean energy technologies are also a key focus area. GAIL's natural gas pipeline network is expanding significantly across India. These strategic moves aim to balance energy security with the global clean energy shift.
A recent NCDRC ruling explains what happens when an LIC policy is assigned to a bank as security for a loan. The commission held that LIC was not at fault for surrendering the policy on the banks instructions after the loan remained unpaid.
Flexible workspace operators lease 191,306 seats in H1 2026
The first half of 2026 saw a major increase in flexible workspace seat leases, marking the highest gross leasing volume ever recorded. It was primarily propelled by the rise of Global Capability Centres, which are significantly influencing the demand for flex seat leases. Bengaluru consolidated its status as the top flex market, while Hyderabad continued its impressive growth trajectory.
On August 27, 2026, gold prices dipped significantly across major Indian jewelry brands, including Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers, reflecting a decline from yesterday's trading. The Indian Bullion and Jewellers Association (IBJA) also reported reduced gold and silver rates. Customers should be mindful of GST and making charges when they plan to buy gold jewelry.
A deceased person's income tax issues persist, requiring the filing of returns and the payment of taxes from their assets. Legal representatives must file returns until all taxes are settled, navigating disputes and uncertain heirship.
The Employees Provident Fund serves as a robust mechanism for building long-term savings through consistent contributions and the magic of compound interest. Factors like annual salary hikes and stable interest rates greatly influence the total savings, while optional contributions can further bolster retirement finances.
Pernod Ricard blames weak US, Chinese markets for 26% profit fall
Pernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annual earnings faced challenges due to rising tariffs and a 14% drop in turnover linked to currency fluctuations.
Around 12 equity mutual funds turned a Rs 10,000 monthly SIP into more than Rs 11 crore since their respective inceptions, an ETMutualFunds analysis showed. Among around 305 equity funds analysed, 110 turned the same monthly SIP into more than Rs 1 crore, with Nippon India Growth Mid Cap Fund topping the list at Rs 29.32 crore.
The Wealth Company Mutual Fund has launched its new multi-cap fund, which mandates at least 25% allocation each to large-, mid- and small-cap stocks. Experts say the funds performance will depend on stock selection and portfolio construction, while investors should consider their risk appetite, investment horizon and overall market-cap allocation.
Yamaha R2 launched in India at Rs 2.3 lakh
Cement prices are expected to stay stable through September as demand remains weak. Companies are focusing on maintaining current price levels amid uneven market conditions. A strong post-monsoon demand recovery is crucial for future price increases. Rainfall patterns have impacted construction activity across various Indian regions. Demand is anticipated to improve year-on-year, aided by a favorable base.
Rs 2L/month to wife: Court rejects man's income dip
Kerala Onam liquor sales top Rs 700 cr
TVS Jupiter gets a new avatar with dual-tone colours and new features; Check price
TVS Motor has launched its new Jupiter dual-tone spectral range. This new scooter range features spectral blue and spectral copper colours. It includes updated inner panels and a new seat colour. The scooter also offers a USB Type-C charging port and ample storage. This enhanced model is available soon for 89,825.
Gabriel India teams up with South Koreas HL Klemove for autonomous driving
Gabriel India has formed a strategic joint venture with South Korea's HL Klemove. This partnership aims to expand Gabriel India's presence in high-growth automotive segments. The collaboration will focus on autonomous driving solutions and advanced driver assistance systems. Gabriel India will acquire a 30 percent stake in HL Klemove India for US$98.44 million. This venture will develop and sell advanced mobility and automotive electronic products.
Inheritance of assets does not incur immediate tax but it changes when you sell it later. Here's all you need to know about capital gains tax rules, available tax relief options and other details.
From October 1, 2026, resident individuals and HUFs buying property from NRIs can use their PAN to deposit TDS instead of obtaining a TAN. Until September 30, buyers must follow the existing TAN-based process, while TDS remains applicable from the first rupee.
NFO Alert: The Wealth Company Mutual Fund announces launch of midcap fund
The Wealth Company Mutual Fund has launched The Wealth Company Mid Cap Fund, an open-ended equity scheme that will invest at least 65% of its portfolio in mid-cap stocks. The fund aims to identify established businesses with sustainable competitive advantages, scalable models, improving profitability and strong execution. Its NFO will open on July 15 and close on July
Co-working operators leased over 1.91 lakh seats in top cities during the first half of this year. This represents a significant 68 percent annual increase in demand for flexible office spaces. Bengaluru saw a 32 percent rise in coworking seat leasing, while Hyderabad more than doubled its leased desks. Mumbai also experienced a sharp jump in leased coworking seats during this period.
Quick commerce expands to 477 cities as players target smaller, untapped markets: CLSA
Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players are targeting underpenetrated geographies, seeking a first-mover advantage in these markets. Established companies are deepening their networks in key cities while testing smaller dark store setups elsewhere. Blinkit leads in dark store count nationally and in six top cities, with a strong presence outside major hubs.
ACME Solar raises Rs 1,571 cr project funding from IIFCL
ACME Solar has secured Rs 1,571 crore project funding from IIFCL for a Rajasthan solar project. This financing marks IIFCL's first sole greenfield finance to ACME, with a 19-year repayment tenor. The project will integrate solar generation and battery storage for assured peak power supply. This funding milestone brings ACME Solar's total financing this fiscal to Rs 10,976 crore. The project entails a total capital expenditure of Rs 2,123 crore.
Indian Railways is set to upgrade seven heavily trafficked routes, transforming them into four-line corridors. This ambitious project targets approximately 11,000 kilometers of high-density track, addressing the rising demands for passenger and freight services. Ultimately, these improvements will contribute to India's efforts toward sustainable transportation and cost efficiencies, laying the groundwork for substantial future growth in the rail sector.
Pune ITAT has ruled that a 65.21 lakh payout received by a Pfizer employee under a voluntary retirement scheme was a capital receipt and not taxable. The tribunal said Section 56(2)(xi) did not apply because the employee had voluntarily resigned under the scheme, rather than being terminated.
Juniper Green inks 25-yr power purchase agreement with SJVN for 50 MW FDRE project
The power purchase agreement (PPA) was signed at a tariff of 4.25 per unit for a tenure of 25 years
Once a top export, prized Kashmir carpet fades
It has survived wars and upheavals, but the famed handwoven Kashmir carpet industry is now battling a steady decline as younger generations abandon the painstaking craft. Until the 1980s, carpets were Kashmir's top export, but volumes have since steadily declined, with wars in Ukraine and the Middle East the latest blows to the trade.
Chinas bold bet on green hydrogen could determine fuels future
China is making a substantial investment in green hydrogen technology. This ambitious plan aims to significantly increase operational capacity by the decade's end. The nation leverages its vast industrial base and surplus clean energy for this initiative. Success hinges on overcoming cost challenges and fostering demand for the fuel. This strategic move could solidify China's clean-tech leadership and aid global emission reduction efforts.
Automakers thought Canada was getting a trade deal. Then tariffs doubled
Automakers face doubled U.S. tariffs on Canadian vehicles and parts starting January 1. This move significantly increases costs for major manufacturers like Ford and General Motors. The planned 50% levy on Canadian imports rivals existing tariffs on Chinese vehicles. Industry executives express concern over this uneven playing field and supply chain disruption. However, some hope a resolution will be reached before the deadline.
The Maharashtra cooperative court ruled that housing societies cannot impose higher maintenance fees based solely on property size or type, siding with residents who argued for equal charges. Full details of the case here.
Wealth investment beyond stocks: Indias super rich are moving $1.5 trillion into these assets
RBI wants lenders to show their cards. What will change for borrowers?
The RBI wants banks and NBFCs to follow clearer rules on loan spreads, rate revisions and APRs. The changes could make borrowing easier to compare, but may also push lenders to price risk upfront.
Gold loans & credit growth: AU Bank, DCB, IndusInd, Shriram & 7 others reveal their playbook
Best short duration mutual funds to invest in August 2026
According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more.
