- OpenAI mulls 5% US government stake to share AI wealth with Americans: Report July 4, 2026Such a move, if eventually accepted by the Trump administration, could create an unusual relationship between the government and one of the world's leading AI companies
- Why is Bank of Baroda paying $600 million to settle a case? July 4, 2026While the bank has asserted that the settlement was reached without any admission of liability, it has revived allegations by NMC founder B.R. Shetty, who has long accused senior Bank of Baroda officials of colluding with former NMC executives in a fraud that caused the healthcare group’s collapse.
- Victorinox bets bigger on India with exclusive stores, e-commerce push July 3, 2026The Swiss brand unveiled its India Vision 2030 roadmap, targeting five exclusive stores by 2028, a dedicated e-commerce platform and wider retail expansion as it seeks to tap rising demand for premium watches and lifestyle products.
- JSW Steel kicks off ₹16,350 crore low-carbon steel project in Andhra Pradesh July 3, 2026The electric arc furnace plant is part of the steelmaker's ₹16,350 crore investment to expand capacity and produce lower-carbon steel.
- Bank of Baroda's ₹5,700 crore NMC settlement to weigh on FY27 profitability July 3, 2026A one-time legal payout equivalent to nearly 28% of the lender's FY26 net profit is expected to dent earnings, though analysts say its capital position and long-term growth remain intact.
- Finance Ministry notifies rules for determination of origin of goods under India-UK trade pact July 4, 2026India's Finance Ministry has notified rules for determining the origin of goods under the India-UK CETA, effective July 15, 2026. This agreement grants duty-free access for 99% of Indian exports to the UK, boosting sectors like textiles and engineering. The rules ensure only genuine goods qualify for preferential tariffs, preventing misuse and strengthe […]
- Enrol under PM Fasal Bima Yojana by July 31: Maharashtra agriculture minister to farmers July 4, 2026Maharashtra Agriculture Minister Dattatray Bharane has urged farmers to enroll in the Pradhan Mantri Fasal Bima Yojana by July 31. This revised scheme offers financial protection against crop losses due to natural calamities, unseasonal rains, and drought. Farmers growing foodgrains, pulses, and oilseeds pay a 2% premium, while those cultivating commercial c […]
- Indian envoy pitches greater pharma exports, Chinese investment to deepen ties July 4, 2026India's ambassador to China, Vikram Doraiswami, stressed the importance of expanding access to Chinese markets for Indian pharmaceutical companies and encouraging Chinese investments in India to bolster diplomatic relations. He pointed out India's strengths within the pharmaceutical industry and displayed optimism for increased export opportunities […]
- Govt raises onion procurement price by 13% as buffer stock buying struggles July 4, 2026Government hikes onion procurement price by 13% to Rs 2,125/quintal, effective July 4, 2026, to boost buffer stock purchases amid a slow start. This is the fifth increase this season, with only 2,000 tonnes procured so far. Despite production parity, seasonal price rises are expected, though overall availability remains stable. Speculative buying is noted du […]
- Do not see India-Peru FTA happening anytime soon, says Piyush Goyal July 4, 2026India's proposed free trade agreement with Peru faces delays due to market access concerns for certain products, according to Commerce Minister Piyush Goyal. He indicated the Peru FTA is unlikely to conclude soon. In contrast, negotiations for an India-Canada FTA are progressing well, with a team heading to Canada for the next round.
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