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- Centre weighs 200% increase in foreign investment approval threshold August 9, 2026India's government is considering raising the foreign investment approval threshold significantly. This move aims to attract larger overseas investments and simplify the process. The current Rs 5,000 crore limit has been in place since 2015. Changes to downstream investment rules are also being explored to facilitate capital. These efforts are part of a […]
- Market recap: Four of top 10 firms add Rs 1.43 lakh crore; SBI bags biggest gains August 9, 2026Dalal Street wrapped up last week on a high note, showcasing impressive gains among leading firms. State Bank of India saw a remarkable surge in its market value, joining industry giants Reliance Industries and TCS, which also experienced robust growth. Conversely, several other major companies faced decreases in their market valuations. Despite some volatil […]
- India’s markets have strong domestic cushion, but global risks loom: Sebi August 9, 2026India's economy is poised for substantial growth in 2026-27, driven by strong domestic demand and increased government spending. While this positive outlook is promising, external factors such as the ongoing Middle East conflict and fluctuating oil prices present significant risks. Additionally, last year saw a historic exodus of foreign investment from […]
- Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate August 8, 2026Berkshire Hathaway showcased impressive growth in its second-quarter results, with notable increases in both operating profit and net income. While revenue surged, the company's cash reserves took a hit from recent stock buybacks. Although Geico struggled, profits rose in BNSF Railway and other sectors. Under the leadership of Greg Abel, the company ram […]
- Kavach: What makes Indian Railways indigenous world-class tech special August 8, 2026Indian Railways is prioritising Kavach deployment on high-density and highly used network routes, which carry nearly 96% of railway traffic. Now, the next-generation Kavach 5.0 is being developed for suburban rail operations with an aim to support higher train frequencies.
- UPI stays free for users, vast majority of transactions to remain free for merchants as well, says government August 9, 2026The government said any future merchant discount rate (MDR), if introduced, would apply only to a limited set of merchant transactions above a specified threshold and at a nominal rate, which would be lower than typical debit and credit card MDRs
- FSSAI warned Diageo that its whisky's 'matured in American oak casks' claim was misleading August 9, 2026The FSSAI announced on Sunday (August 2, 2026) it had prohibited sales of Diageo’s Royal Challenge Whisky made in the State of Madhya Pradesh and some whisky and rum brands made in some Indian States by Diageo and India’s Inbrew
- Government examines if Meta recommendation system deciding what-to-show-to-whom fits intermediary status August 9, 2026
- Hidden environmental cost of powering growing digital and AI-world August 9, 2026Despite the astronomical water footprint of data centres, some States, which already have difficulties in meeting their water needs, have announced huge data centre projects.
- Eveready Industries Q1 profit rises over 22% to ₹37 cr, revenue grows 9% August 9, 2026Eveready Industries' total income in the latest June quarter was at ₹407.97 crore, up 8.34% year-on-year