Revised Index of Core Industries with 2022-23 as the base year will be released on July 20, adding Iron Ore to the basket and aligning it with key macroeconomic indicators

Workforce trends in Labour Heavy Industries

d-industry1

Business Standard

Tickets sold rise for the first time in over 2 years

movies

A new incentive scheme for smartphone manufacturing may help India get a bigger global market share, but there are barriers to cross

PLI scheme, manufacturing, Smartphone market

The report cautions that easing domestic sales by SEZ units could undermine the export-focused framework, weaken MSMEs and distort competition unless accompanied by strict safeguards

MSME, Training

The new industry platform has brought together more than 70 companies to foster collaboration with the government and support policy, research and best practices in digital commerce

IAMAI has launched the E-Commerce Council of India, bringing together leading digital commerce firms to drive policy dialogue, research and ecosystem growth.

Spain-Argentina match promises windfall for eateries, pubs, delivery platforms

Spain’s Lamine Yamal and Argentina’s Lionel Messi will go head-to-head on Sunday

Spain's Lamine Yamal and Argentina's Lionel Messi will go head-to-head on Sunday

As fans embrace jerseys beyond stadiums, brands are targeting a growing middle market between premium official merchandise and dirt-cheap knock-offs

Sports News, sports, Fashion, Merchandise

Robust utility vehicle demand, GST 2.0-led momentum and lower financing costs keep passenger vehicle dispatches strong, with industry expecting record sales in calendar 2026

Passenger Vehicles

Trend leads to more women being employed on vehicle assembly lines

Carmakers, Auto sector

Maruti Suzuki India on Thursday said it will challenge an order of the District Consumer Disputes Redressal Commission, Raipur, that directed the company to replace a customer's vehicle with a new E20 compatible vehicle, citing fuel contamination.
The car in the case was an E20-compatible car, fully equipped to handle E20 fuel, and there is evidence of contamination in the fuel collected from the customer's vehicle, Maruti Suzuki India said in a statement.
"We have learnt of an order by the District Consumer Disputes Redressal Commission, Raipur, wherein Maruti Suzuki has been directed to replace the customer's vehicle with a new E20-compatible vehicle," it said.
The car in this case was an E20 compatible car, fully equipped to handle E20 fuel and so disclosed in the owner's manual, it added.
"There is evidence of contamination in the fuel collected from the customer's vehicle. Several other relevant facts have also not been reflected in the order," the company asserted.
The state

Maruti Suzuki, Maruti Suzuki share price, Nifty Auto, passenger vehicle sales, PV growth, SUV demand, entry-level cars, auto stocks, Kharkhoda plant, market share gains, Goldman Sachs, Motilal Oswal, Nuvama Research, rural demand, El Nino impact, aut

Maruti Suzuki will challenge a Raipur consumer court order directing it to replace a customer's vehicle, saying the car was E20-compatible and the fuel was contaminated

Press Trust of India

The Rs 9,585-crore PARIVARTAN scheme offers tax concessions, interest subvention and other incentives to replace ageing commercial vehicles in the National Capital Region

truck, overload

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

MSMEs

The Reserve Bank of India (RBI) on Friday announced that it has imposed monetary penalties on six companies, including non-bank lender Muthoot Finance, for non-compliance with various regulatory norms.
The central bank imposed a Rs 5.80 lakh penalty on Muthoot Finance, Rs 3.10 lakh each on Satya MicroCapital and PAN Emami Cosmed, Rs 2.70 lakh each on Dhani Loans and Services and Muthoot Vehicle and Asset Finance, and Rs 6.20 lakh on Avail Financial Services, notifications said.
Muthoot Finance was penalised for failing to put in place a system of periodic review of risk categorisation of accounts and non-deployment of robust software for effective identification and reporting of suspicious transactions, the RBI said.
The monetary penalty on Avail Financial Services was imposed as the managing director of the company held directorship in two other NBFCs-Middle Layer, and the company had breached the regulatory single party exposure limit.
The central bank imposed a monetary penalty 

Muthooth Finance

The central bank imposed penalties ranging from Rs 2.7 lakh to Rs 6.2 lakh on six companies, including Muthoot Finance, for violating regulatory norms

Strong first-quarter volumes suggest the market is moving beyond cyclical expansion towards a deeper and more resilient funding ecosystem

loan, bank loan

Money changers say ambiguity over the principal-agent framework, liability and compliance could delay the rollout of the new forex correspondent category

Rs, Rupee, Cash, Credit, Economy, Saving, Payment, Indian Currency

RBI's measures to attract foreign currency inflows are expected to improve liquidity and support lending margins as major private sector banks, including HDFC and Axis Bank, report Q1 earnings

RBI, Reserve Bank of India

Bloomberg

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