- Elon Musk rejects report of Tesla’s China business split plans ahead of possible SpaceX tie-up July 31, 2026Market observers have long speculated about combining Musk’s electric vehicle and space businesses, with interest growing further during SpaceX’s record-breaking $75 billion initial public offering process
- Sun Pharma misses Q1 estimates as US generics drag offsets India growth July 31, 2026Revenue and profit rose in double digits in the June quarter, but softer US generics sales and margin pressure saw India's largest drugmaker missing Street expectations.
- From ₹50,000 to ₹150 crore: the making of Himanshu Chadha's Nimson International July 31, 2026The founder started with ₹50,000 and a failed batch of petroleum jelly. Two decades later, his company reaches every PIN code in India. He credits a peer group of entrepreneurs for the change his business took.
- Bajaj Finserv board approves plan to enter reinsurance business July 31, 2026Bajaj Finserv plans to enter India's reinsurance market through a wholly owned subsidiary, subject to regulatory approval, expanding its insurance presence beyond life and general insurance.
- Supreme Court stays Delhi HC ruling bringing NSE under RTI Act July 31, 2026The apex court also suspended the CIC's 2007 order, granting interim relief to the exchange as it challenges its classification as a “public authority” under the RTI Act.
- India's forex reserves rise by $6.1 billion to $682.35 billion as of July 24 July 31, 2026India's foreign exchange reserves saw a significant rise of $6.1 billion. This increase brought the total reserves to $682.35 billion as of July 24. Previously, reserves had grown by $1.08 billion in the preceding week. Earlier this year, reserves reached a record high of $728.494 billion. However, reserves declined due to Middle East conflict and RBI i […]
- India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year target July 31, 2026India Q1 FY27 fiscal deficit: The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous financial year, showing increased government spending even as revenue collections remained robust.
- US NSF backs India-US AI project to boost soybean breeding July 31, 2026A joint India-US project will develop smart farming systems for soybean breeding. The National Science Foundation awarded over half a million dollars for this initiative. This three-year project begins October 1 and concludes September 30, 2029. It will integrate sensor networks, wireless communication, and AI tools for crop monitoring. The system aims to im […]
- India, Bhutan approve 12 new PTA projects worth Rs 332 crore, sign Rs 4,000 crore credit line July 31, 2026India and Bhutan reviewed development projects during high-level talks. A concessional line of credit worth Rs 4,000 crore was signed. Cooperation in health education and research was also expanded between institutions. Forty-five electric vehicles were handed over to support green mobility initiatives. Both nations reaffirmed their strong development partne […]
- CBIC readies rules to facilitate filing of multi-state GST appeals July 30, 2026The Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple states. Field formations will gain clarity on filing appeals before the GST Appellate Tribunal. Jurisdictional commissioners will independently decide on appeals for each taxpayer. A formal circular will soon be issued to […]
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