- Alibaba co-founder Joseph Tsai, wife Clara Wu Tsai to divorce after 30 years: Report August 1, 2026Over the years, the couple's spokesperson said, Joseph and Clara's relationship evolved into more of a partnership — “one of running their businesses and raising their children together.”
- Tata Steel seeks to prioritize value-added steel over capacity addition August 1, 2026Tata Steel's focus is now on converting primary steel into higher-value products such as precision tubes, speciality steel wires, coated sheets and tinplates
- Puerto Rico authorizes $2 billion coastal luxury development that activists oppose July 31, 2026Puerto Rico authorizes $2 billion coastal luxury development that activists oppose
- Amazon sued by consumers over seafood sustainability claims July 31, 2026AMAZON.COM-LAWSUIT/SEAFOOD (PIX):Amazon sued by consumers over seafood sustainability claims
- Blackstone Mortgage REIT Shares Dive Most Since Early Pandemic July 31, 2026Shares of a Blackstone Inc.’s commercial mortgage trust posted their biggest two-day plunge since 2020 after executives highlighted “increased pressure” on $1 billion of loans.
- India-Arab business chambers join hands to push trade & investment ties August 1, 2026India and Arab countries signed a trade and investment pact this week. The agreement aims to boost bilateral trade and business partnerships significantly. This collaboration will facilitate investment promotion and sector-specific collaborations. It seeks to leverage India's existing trade agreements for new opportunities. The pact supports Micro, Smal […]
- RBI likely to hold repo rate at 5.25%, market to focus on policy guidance: Nuvama August 1, 2026The Reserve Bank of India will likely keep its repo rate unchanged at 5.25 percent. Policymakers are expected to adopt a cautious wait-and-watch approach for now. Inflation risks remain elevated due to supply chain and oil price concerns. Financial conditions have tightened, reducing the immediate need for rate action.
- India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in July August 1, 2026India's GST collections reached Rs 2.11 lakh crore in July 2026, reflecting a 15.4% growth year-on-year. The surge in revenue was largely driven by strong domestic performance, alongside a significant 28.8% leap in import tax collections. Together, these key elements propelled the remarkable fiscal results, underscoring the continuing upward trend in th […]
- RBI's FCNR, forex schemes draw $40.81 billion in inflows so far August 1, 2026Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India facilitated a total of $40.81 billion in foreign exchange influx, of which $36.7 billion derived from Foreign Currency Non-Resident deposits. Support also came through swap facilities for External Commercial Borrowing […]
- Indian companies are about to raise prices, putting RBI's inflation outlook to test August 1, 2026Indian companies are preparing for price increases on various products soon as commodity costs rise due to ongoing global conflicts. Consumers can expect higher prices for everyday items ranging from toothpaste to tires. Demand is expected to remain stable during the upcoming festival season. Policymakers are closely monitoring inflation pressures and their […]
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