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India Asset Growth Fund-II, Essel Finance Advisors and KMPs Fined Rs24 Lakh by SEBI over AIF Norm Breaches

India Asset Growth Fund-II, Essel Finance Advisors and KMPs Fined Rs24 Lakh by SEBI over AIF Norm Breaches

Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs12 lakh on India Asset Growth Fund-II and an additional Rs12 lakh, payable jointly and severally, on its manager, Essel Finance Advisors and Managers LLP,...

India-US BTA won’t follow Vietnam-US deal template, sources say

India-US BTA won’t follow Vietnam-US deal template, sources say

Unlike Vietnam, which is highly dependent on US exports, India’s export share to the US is smaller, offering it greater negotiating flexibility. The India-US bilateral trade agreement (BTA) cannot be based on the template provided by the...

Corporate highlights for today, July 3: Bajaj Finance, Reliance Retail, SpiceJet, Patanjali, HDFC Bank, Tata Power, GMR Airports, Vedanta, Nykaa, MOIL, Bosch and more

Corporate highlights for today, July 3: Bajaj Finance, Reliance Retail, SpiceJet, Patanjali, HDFC Bank, Tata Power, GMR Airports, Vedanta, Nykaa, MOIL, Bosch and more

Indian corporates witnessed a busy day with several notable developments: CG Power and Industrial Solutions successfully closed its QIP at ₹660 per share, raising funds from institutional investors at ~2.8% discount. Bajaj Finance posted a robust...

India’s digital supply chain revolution: Turning e-waste into a trillion-dollar green opportunity

India’s digital supply chain revolution: Turning e-waste into a trillion-dollar green opportunity

India’s digital economy is scaling new heights, but beneath this transformation lies a pressing environmental challenge: electronic waste (e-waste). As one of the world’s top five e-waste generators, India faces the dual responsibility of...

India’s dual-sector economic surge: Services and manufacturing hit multi-month highs

India’s dual-sector economic surge: Services and manufacturing hit multi-month highs

India’s economy demonstrates robust performance across key sectors in June 2025, with Services PMI reaching a 10-month high of 60.4 and Manufacturing PMI climbing to a 14-month peak of 58.4. The report reveals record-breaking employment growth in...

Ambani's Reliance to spin off India consumer goods business into new unit

Ambani's Reliance to spin off India consumer goods business into new unit

MUMBAI - Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer...

India Cements announces sale of equity stake in Indonesian associate company

India Cements announces sale of equity stake in Indonesian associate company

The India Cements Limited, a subsidiary of UltraTech Cement Limited, announced on July 3, 2025, that its wholly owned subsidiary PT Adcoal Energindo, Indonesia, has entered into a Share Sale and Purchase Agreement to sell its entire equity...

India's economy likely to grow 6.4-6.7% in FY26: CII President Rajiv Memani

India's economy likely to grow 6.4-6.7% in FY26: CII President Rajiv Memani

Indian economy is expected to grow by 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, said CII President Rajiv Memani. Addressing the first press...

India keeps General Provident Fund interest rate unchanged at 7.1% for July–September 2025 quarter

India keeps General Provident Fund interest rate unchanged at 7.1% for July–September 2025 quarter

The Ministry of Finance has kept the General Provident Fund (GPF) interest rate unchanged at 7.1% for the July–September 2025 quarter. According to a notification issued by the Department of Economic Affairs on July 2, the 7.1% rate applies from...

Delhi HC restrains Patanjali television commercials targeting Dabur’s Chyawanprash

Delhi HC restrains Patanjali television commercials targeting Dabur’s Chyawanprash

The Delhi High Court in an interim order restrained Patanjali Ayurved from airing its television commercials which allegedly disparaged Dabur India’s Chyawanprash. Justice Mini Pushkarna in an oral order said that the Dabur’s applications are...

India’s sugar supply tightens ahead of festival demand, all hopes on early supply next season

India’s sugar supply tightens ahead of festival demand, all hopes on early supply next season

Tight sugar supply in India due to festival demand, government and mills pin hopes on early crushing next season. | Photo Credit: iStockphoto There may be 9 million tonnes (mt) of sugar available from the current season for sales in domestic...

India’s EV Start-up Funding Crosses $2bn Mark for the First Time in FY25

India’s EV Start-up Funding Crosses $2bn Mark for the First Time in FY25

According to Kunal Mundra, founder and chief executive of Astranova Mobility, a full-stack EV asset management and leasing provider, the sector not only needs significantly more capital but also requires it to be well distributed from seed funding...

Delhi HC Orders Patanjali to Pull Down Ads Disparaging Dabur’s Chyawanprash; Here's What Happened

Delhi HC Orders Patanjali to Pull Down Ads Disparaging Dabur’s Chyawanprash; Here's What Happened

Apart from this, Dabur contested the references made regarding a 40-herb Chyawanprash as “ordinary” in the ad featuring the Patanjali founder. Dabur, through its legal representative, Senior Advocate Sandeep Sethi, argued that the point was a...

India, US likely to seal interim trade deal in 48 hours: Report

India, US likely to seal interim trade deal in 48 hours: Report

India and the United States are likely to strike an interim trade deal within the next 48 hours, with negotiations between the two sides going on Washington, reported NDTV, quoting sources. The development comes at a time when the Indian...

India News | IndiGo Appoints Former NITI Aayog CEO, India's G20 Sherpa Amitabh Kant as Its Non-Executive Director

India News | IndiGo Appoints Former NITI Aayog CEO, India's G20 Sherpa Amitabh Kant as Its Non-Executive Director

New Delhi [India], July 3 (ANI): IndiGo Airlines on Thursday appointed Amitabh Kant, former NITI Aayog CEO and India's G20 Sherpa, as its Non-Executive Director on the Board of Directors of InterGlobe Aviation Limited subject to regulatory and...

Delhi govt tweaks vehicle policy – ‘End Of Life’ vehicles won’t be scrapped, only these vehicles will

Delhi govt tweaks vehicle policy – ‘End Of Life’ vehicles won’t be scrapped, only these vehicles will

Delhi fuel ban: Environment Minister Manjinder Singh Sirsa has asked the ban on fuel for old vehicles to be put on hold with immediate effect. The environment minister of Delhi, Manjinder Singh Sirsa, has written to the Commission for Air Quality...

Mumbai: Malaria, Dengue, Chikungunya Spike In Mumbai As Early Monsoon Worsens Drainage Woes

Mumbai: Malaria, Dengue, Chikungunya Spike In Mumbai As Early Monsoon Worsens Drainage Woes

Mumbai’s monsoon, arriving two weeks early this year, has brought with it a worrying surge in seasonal illnesses. Latest data from the Brihanmumbai Municipal Corporation (BMC) reveals that malaria cases in the city nearly doubled in June 2025,...

Delhi Double Murder: Mother and Teen Son Brutally Stabbed in Lajpat Nagar

Delhi Double Murder: Mother and Teen Son Brutally Stabbed in Lajpat Nagar

Delhi Double Murder: A shocking double murder has left residents of Delhi’s Lajpat Nagar in deep shock and sadness. A 42-year-old woman named Ruchika Sewani and her 14-year-old son Krish were found brutally stabbed to death inside their apartment...

India’s bold, but difficult mission! Why countering China’s rare earth magnets' monopoly won’t be easy - major roadblocks ahead

India’s bold, but difficult mission! Why countering China’s rare earth magnets' monopoly won’t be easy - major roadblocks ahead

India's rare earth situation reflects limitations in technical capacity and economic viability rather than lack of intention. (AI image) China dominates the world’s rare earth metals and minerals supply - and it’s a fact that the world’s second...

Delhi University FYUP students can now exit after three years with a degree; Check what it means

Delhi University FYUP students can now exit after three years with a degree; Check what it means

Delhi University has announced that students enrolled in the Four-Year Undergraduate Programme (FYUP) can now exit after completing three years with a degree, in line with the National Education Policy (NEP) 2020. According to the official...

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