- Codelco Halts Expansion Work at Top Mine on New Seismic Risk August 4, 2026Codelco is suspending work on a project designed to extend the life of its biggest copper mine in Chile after identifying a new source of seismic risk a year after a rock burst killed six workers.
- OpenAI pays $3.2 million in US probe over hiring foreign workers August 4, 2026OPENAI-SETTLEMENT/ (PIX):OpenAI pays $3.2 million in US probe over hiring foreign workers
- Tom Garfinkel steps down as president, CEO of Dolphins after 13 years, will remain with organization August 4, 2026Tom Garfinkel steps down as president, CEO of Dolphins after 13 years, will remain with organization
- Marico delivers bumper Q1, confident of navigating macro headwinds August 4, 2026Strong volume growth and lower input costs boosted margins in the June quarter, with the company saying it does not expect further pricing action in the near term.
- In first address, CEO Walsh signals IndiGo’s global ambitions despite aviation headwinds August 4, 2026The new CEO said supply chain constraints, airspace disruptions and global uncertainty will not alter the airline's international expansion plans as it marks its 20th anniversary.
- Government moves closer to restoring MDR on UPI merchant payments August 4, 2026Parliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by allowing banks to charge fees. The Reserve Bank of India will determine these charges on person-to-merchant payments. Payment platforms could see significant revenue generation from these new charges. This development follow […]
- Sugar prices surge 17% in a month, mills expect more government curbs August 4, 2026India's sugar prices have risen significantly in recent weeks. The government imposed stock limits to help temper these rising rates. Lower output and El Nino concerns are also impacting sugar prices. Demand for sugar remains strong despite the recent price increases. The government has maintained August's sales quota at last year's level. […]
- Govt unveils tax overhaul to woo global investors, boost manufacturing August 4, 2026A new bill aims to attract foreign investment and support key industries. It eases rules for offshore funds and global fund managers operating from India. Tax exemptions are extended for electronics manufacturing and diamond trading activities. Digital infrastructure development is also a major focus of these proposed changes. These measures seek to enhance […]
- Govt weighs PLI 2.0 with sharper focus on high-performing sectors August 4, 2026India is planning a second phase for its production-linked incentive programme. This new phase will support high-performing sectors and reduce focus on low-yielding ones. Companies previously excluded will be encouraged to apply for these new schemes. Revisions to existing schemes for sectors like textiles are also being examined. The government aims to make […]
- Despite swadeshi push, anti-dumping duties against Chinese firms crawl August 4, 2026Domestic industry suffers from delayed anti-dumping duties on Chinese imports. Cheaper Chinese crawlers and truck cranes continue to enter India. Local manufacturers face severe impact and some have shut operations. The Directorate General of Trade Remedies recommended duties in September 2025. Final customs notification awaits finance ministry approval for […]
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