- Air India Express doubles borrowing ceiling as geopolitical risks, fuel costs bite August 5, 2026Air India Express is grappling with a difficult operating environment that has eroded profitability despite strong passenger demand.
- Ajit Prabhu’s long game: Building a century-old company in the AI era August 5, 2026The founder and chairman of engineering services provider Quest Global has built one of the world’s largest pure-play engineering, research and development firms.
- InRisk Labs raises $27 million as subsidiary EarthRe gets reinsurer licence August 5, 2026The company will use the fresh capital to build better technology and hire experts to improve how it assesses and prices insurance risks. It will also help the company expand into new insurance segments, develop event-based products.
- Apple expands allegations against OpenAI, says more ex-employees may have taken trade secrets ChatGPT maker August 5, 2026Apple's court filing reveals that more former employees are linked to the alleged trade secrets theft by OpenAI.
- Adani's bumper capex trickles down to smaller infra firms August 5, 2026The Adani Group’s ₹1.53 trillion capex plan for FY26 is emerging as a major growth driver for smaller listed engineering and construction companies. For some, the conglomerate accounted for over 80% of new orders last year, reflecting its growing influence on India’s EPC ecosystem.
- Commerce ministry notifies norms for inventory-based e-commerce exports August 5, 2026New Delhi has notified procedures for online companies undertaking cross-border e-commerce. The government recently allowed foreign-stakes e-commerce firms to hold inventory for exports. Operational procedures for this framework are now notified with immediate effect. These include registration, inventory management, and dispute resolution mechanisms. The Di […]
- Plastic notes in India get a likely release date: Here's what RBI Governor said August 5, 2026Plastic currency notes may enter circulation at the start of next financial year. The Reserve Bank of India is targeting this rollout after completing field trials. These polymer notes will be introduced in ten and twenty rupee denominations. They are expected to be more durable and last significantly longer. Existing paper notes will continue to circulate a […]
- Will FCNR (B) deposit scheme that's bringing billions of dollars to India end? RBI Governor says this August 5, 2026The Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars into the country. Governor Sanjay Malhotra expressed satisfaction with the robust foreign exchange inflows. The central bank expects more funds to arrive in the coming weeks. There are no current plans to prematurely close […]
- IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial services August 5, 2026The International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks to financial stability, particularly in emerging market and developing economies, and called on regulators to strengthen oversight as these firms expand into payments, lending, insurance, asset management and financial S […]
- RBI holds policy rates while raising growth forecast; cuts inflation projections August 5, 2026The Reserve Bank of India maintained its benchmark repo rate at 5.25 percent. Inflationary expectations were lowered to 5 percent for fiscal year 2027. Growth projections were raised to 6.7 percent, anticipating economic momentum. Geopolitical uncertainty and monsoon patterns pose potential risks to the outlook. The central bank remains committed to price an […]
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