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The Hindu Businessline

Top News / The Hindu Businessline

Vi optimistic of closing funding discussions with PSU banks: CEO Abhijit Kishore

The company is said to be mainly in talks with the State Bank of India, while also exploring other funding routes

11 Aug 2026 9:43 pm
Air India management summoned over Phuket-Delhi incident

Passenger injuries rise to 20; secondary psychoactive-substance test of pilot reportedly positive, official confirmation awaited

11 Aug 2026 9:32 pm
Govt constitutes empowered committee of secretaries for oil & gas upstream sector

The government constitutes the ECS from time to time for resolving issues related to the E&P sector

11 Aug 2026 9:31 pm
US tightens grip on H-1B workers, Indian IT firms brace for higher costs

DHS has expanded the 9-11 Response and Biometric Entry-Exit Fee to cover certain H-1B and L-1 extension-of-stay petitions

11 Aug 2026 9:27 pm
Manappuram Finance logs 41% jump Q1FY27 standalone net profit at 552 crore

In the reporting quarter, the NBFCs net interest income (difference between interest earned and finance costs) rose 33% yoy to 1,464 crore (1,104 crore in Q1FY26)

11 Aug 2026 9:21 pm
China imports rise sharply across engineering, textiles, toys

Government cites QCOs, customs enforcement and trade remedies to curb sub-standard imports and duty evasion

11 Aug 2026 9:16 pm
Agentic AI emerges as mid to high level priority for Indian banks

Senior executives highlight its potential to transform decision-making, security and innovation across the sector

11 Aug 2026 9:15 pm
UPI expands credit access beyond metros as first-time users adopt credit lines

Access has also been relatively quick, with nearly 95 per cent % of eligible applicants receiving approval for a credit line within two hours, Kiwi said.

11 Aug 2026 8:30 pm
NCDC Amendment Bill passed in Lok Sabha amid din

The Bill will enable NCDC extend loans and grants directly to any entity engaged in cooperative development subject to furnishing security as may be required

11 Aug 2026 8:16 pm
Amgen to set up innovation centre in Hyderabad

The proposed center will join Amgens global Research and Developmentnetwork, which consists of seven research laboratories, further expanding thecompanys research and scientific capabilities.

11 Aug 2026 8:03 pm
Consultative Meet: Industry bodies hail West Bengals proposed sectoral approach in new industrial policy

During the industrial policy consultative meeting, attended by a group of ministers, including Finance Minister Swapan Dasgupta and Industry Minister Tapas Roy, and senior officers of the government, industry bodies submitted their recommendations on industrial incentives, speedy and predictable approvals for new projects

11 Aug 2026 7:59 pm
`Not an adjunct to the pharma industry: Medical device represenatives seek seperate regulatory authority

In their letter to the Union Health Minister JP Nadda, they said, medical devices continue to be seen as an adjunct to pharmaceuticals , despite scientific, engineering and regulatory distinctions between the two.

11 Aug 2026 7:54 pm
IBM partners with MIT Bengaluru, CHRIST University to set up AI centres

The Lab will provide advanced AI computing resources, research infrastructure, and digital skilling opportunities to students, researchers, and institutions across India

11 Aug 2026 7:53 pm
Record cotton imports set to push up 2026-27 opening stocks to new high of 93.59 lakh bales

The rise in domestic stocks is due to surge in imports to a record high this season, says Cotton Association of India

11 Aug 2026 7:36 pm
Akasa Air loss widens 37%to 2716 crore in FY26

The airline continues to face headwinds due to volatility in fuel and forex rates

11 Aug 2026 7:36 pm
FCRA amendment bill: Govt considers JPC route amid strong opposition stir

Opposition parties, especially Congress, DMK, TMC and Samajwadi Party (SP), have hardened their stand and want the FCRA bill be either withdrawn or scrapped in the present format.

11 Aug 2026 7:31 pm
India, China rice trade comes to a halt as Beijing revokes 7 rice exporters registration

China alleges the presence of GMO in Indian rice consignments, but no GM food crop is grown in the subcontinent as stakeholders slam the move as malafide

11 Aug 2026 7:29 pm
LEAP India IPO subscribed 8.38 times, Technocraft Ventures issue sees 38.69x demand

LEAP India IPO QIB portion subscribed 16.84 times, NII portion 12.64 times, retail portion 1.71 times and employee portion 10.99 times

11 Aug 2026 7:12 pm
Manappuram Finance posts 585 crore profit in June quarter

Assets under management grew by 57.20 per cent to 69,635 crore

11 Aug 2026 6:51 pm
Plastic notes to be introduced along with paper currency, no time frame on launch yet: Govt

The procurement process is presently at an initial stage, says FM

11 Aug 2026 6:38 pm
11 Aug 2026 6:22 pm
Fitch retains Indias sovereign rating at BBB- for 20 years in row

The ratings agency forecast a 6.4 per cent GDP growth in the current fiscal year

11 Aug 2026 6:20 pm
11 Aug 2026 6:08 pm
APs GSDP up 10.7% in Q1 FY 27: Report

While the spice production recorded a three-fold growth during the April-June period, reaching 89,383 metric tonnes, vegetable production also registered a growth of 45 per cent.

11 Aug 2026 6:05 pm
Highway closures leave Kashmir apple growers counting losses

During the ongoing apple season, landslides and road works have forced repeated closures of the highway, leaving hundreds of fruit-laden trucks stranded along the route.

11 Aug 2026 5:50 pm
Coforge launches new PE business unit

New unit to help PE firms drive operational transformation and AI-led value creation across portfolios

11 Aug 2026 5:43 pm
AI push: TCS, Google Cloud launch Gemini Experience center in Mexico

Located in TCS' Mexico City office, the new facility will enable organisations in the region with advanced AI capabilities

11 Aug 2026 5:13 pm
3% fruit and vegetables samples tested by FSSAI had pesticide residues above permitted limits during 2023-26

Agriculture Minister Shivraj Singh Chouhan tells Lok Sabha that over 70,000 samples were tested Monitoring of Pesticide Residues at National Level (MPRNL) project from 23 states and union territories

11 Aug 2026 5:10 pm
Rupee falls 13 paise to settle at 95.43 against US dollar

The rupee opened at 95.38 against the US dollar and traded in a very narrow range of 95.37-95.45; it settled at 95.43 (provisional), down 13 paise from its previous close

11 Aug 2026 5:07 pm
AP to adoptDharavi model for slums development

Project to use transferable development rights for 177 housing units on DBFT basis as pilot under Visakhapatnam Economic Region programme

11 Aug 2026 4:52 pm
Govt extends PM E-Drive scheme till FY28

PM E-Drive offers support for a maximum 45,79,120 e2Ws, with total funding support from the MHI pegged at 2,767 crore

11 Aug 2026 4:51 pm
Insecticides India Q1 net profit drops 24.5% to 43.87 crore on rainfall deficit

The total income declined by 11.22% to 616.86 crore for the April-June quarter from 694.83 crore in the year-ago period

11 Aug 2026 4:50 pm
Mirae Asset Financial Groups NBFC arm launches digital pledging for CDSL demat accounts

Customers with CDSL demat account can now apply for Loan Against Shares (LAS) completely online through the Mirae Asset Financial Services website or mobile app

11 Aug 2026 4:28 pm
Rupee retreats to near two-week low as US-Iran standoff pushes oil higher

Likely dollar selling intervention by the Reserve Bank of India, though, helped limit the currencys losses, traders said.

11 Aug 2026 4:03 pm
Andhra records 10.7% economic growth in Q2 of 2025-26

The growth was led by agriculture at 13.5%, followed by industry at 10.6% and the services sector at 9.9%

11 Aug 2026 3:37 pm
TN Assembly passes resolution opposing FCRA Amendment Bill

The resolution said the amendment may adversely affect the autonomy of charitable organisations and, in particular, the functioning of educational and social welfare institutions run by minorities

11 Aug 2026 3:37 pm
Mirae Asset Financial Services launches loan against shares held in CDSL

The loan will be processed online through the Mirae Asset Financial Services website or mobile app, replacing a manual, paper-intensive process

11 Aug 2026 3:27 pm
Fitch affirms India's sovereign rating; says domestic economy strong despite headwinds

India's rating reflects its robust growth outlook and solid external finance fundamentals: Fitch

11 Aug 2026 3:20 pm
LEAP India IPO nears 2x subscription on closing day

The employee portion of the issue recorded the highest demand, being subscribed 6 times

11 Aug 2026 3:16 pm
Activated carbon exporters face banking curbs in shipping to Russia, Sudan

Joshy Joseph questioned the rationale behind such restrictions when India continues to import crude oil from Russia and asked why activated carbon cannot be exported because of EU sanctions

11 Aug 2026 3:15 pm
RBI wants AI to be responsibly harnessed; not to be seen as a risk: Sanjay Malhotra

By harnessing AI capability, the economics of credit delivery changes fundamentally, banks can serve customers better and enhance their operational efficiency, he said

11 Aug 2026 3:11 pm
Coal India weighs buying Canada's Wealth Minerals unit for Chile lithium assets

Coal Indias move would mark one of India's most significant efforts to secure overseas lithium resources

11 Aug 2026 3:08 pm
Zydus Lifesciences Q1 profit falls 36% despite revenue growth

Consolidated revenue rose 22% to 8,017 crore, but EBITDA fell 7.6% and margins contracted sharply to 24.1% during the quarter.

11 Aug 2026 3:06 pm
Krystal Integrated Services bags 296 crore order in Maharashtra

The orders, with an aggregate value of 740 crore, have been awarded to the LC Infra Krystal Consortium, wherein LC Infra Projects is the lead member and Krystal Integrated Services is the technical member

11 Aug 2026 2:56 pm
Nine Bills passed in 52 minutes in a fortnight; average consideration time less than six minutes in Lok Sabha

The Registration of Births and Deaths (Amendment) Bill, 2026, was passed in barely one minute.

11 Aug 2026 2:53 pm
Jakson Infra bags 128.21 cr transmission project in Karnataka

The awarded stretch covers a route length of approximately 90.07 km

11 Aug 2026 2:39 pm
NASA invites ISRO to join `Moon Base programme

Move expands India-US cooperation in lunar exploration; two sides to step up talks on open scientific data sharing under Artemis Accords

11 Aug 2026 2:29 pm
DPIIT, MSME Ministry sign MoU to propel India's GI products into global markets

The collaborative framework between the MSME Ministry and the DPIIT aims to enhance the livelihoods of indigenous artisans, weavers, and producers

11 Aug 2026 2:15 pm
Coal Ministry panel to review Tamil Nadus request for linkage extension for Ennore TPS

The Standing Linkage Committee will consider a one-year extension after delays in finalising the tender for Tamil Nadus 660-MW Ennore Thermal Power Station expansion.

11 Aug 2026 2:12 pm
Intel raises $20 billion in upsized share sale to fund AI plans

Intel priced the offering at $95 per share; the share sale drew more than $100 billion in demand

11 Aug 2026 1:54 pm