- Etsy lays off 12% of worker as part of restructuring plan August 5, 2026ETSY-LAYOFFS/:Etsy lays off 12% of worker as part of restructuring plan
- Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures Show August 5, 2026Microsoft Corp. generates most of its artificial intelligence revenue from OpenAI, according to new disclosures from the company.
- Disney beats profit estimates on strong theme parks & streaming growth, announces TikTok partnership, shares rise 3.65% August 5, 2026For the third quarter, Disney reported net profit of $2.6 billion, roughly half the level recorded a year earlier, when results were boosted by a significant one-time tax benefit
- Vi needs periodic tariff hikes to sustain 5G investment: Kumar Mangalam Birla August 5, 2026Vodafone Idea's Chairman emphasized the necessity of a tariff increase to support network investments and secure funding for its ₹45,000 crore capex plan. The company aims to enhance customer growth and operational performance while contributing to India's digital infrastructure ambitions.
- Berger Paints sees strong demand, monsoon driving growth in FY27 August 5, 2026Berger Paints expects double-digit revenue growth to continue through the year as the full benefit of price increases flows through from the September quarter.
- New framework to standardise interest rate rules on the anvil, says RBI August 5, 2026The Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to increase transparency and ensure uniformity across lending. The proposed changes are unlikely to affect EMIs or bring NBFCs into the external benchmark regime. Governor Sanjay Malhotra stated this move will improve consume […]
- Govt mandates exporter registration for FDI-backed ecommerce inventory exports August 5, 2026Foreign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods against confirmed export orders. Speculative stockpiling for future outbound shipping will not be allowed by the government. Indian sellers can access overseas markets by delegating export tasks to the exporter-on-record […]
- Govt drafts customs playbook for 100 imports to streamline FTA benefits August 5, 2026The government is creating a customs playbook for key imported goods. This initiative aims to standardize the faceless customs regime across India. It will reduce disputes and speed up clearance times for businesses. The playbook will help companies utilize free trade agreement benefits effectively. This reform seeks to improve ease of doing business and tra […]
- India's services growth slows to 4½-year low in July as demand weakens August 5, 2026India's services sector expanded slowly in July, reaching a 53-month low. New business inflows moderated across domestic and international markets, impacting growth. Manufacturing activity also lost momentum, contributing to a composite PMI decline. Services firms remained optimistic about future business despite current slowdowns. Hiring showed a modes […]
- Fertiliser production, imports dip August 5, 2026India's fertilizer production and imports have fallen sharply in the June quarter. This decline is due to inflated raw material prices caused by the West Asia conflict. Production of complex fertilizers dropped twenty-eight percent, and imports slipped forty-eight point five percent. Ammonia and sulphur prices have nearly doubled, making manufacturing a […]
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