Page 1426 - Latest News
India's logistics cost pegged at 7.97% of GDP, says DPIIT report
The report said estimates derived for the previous five years show that the pace of growth in the logistics cost is gradually slowing down
 "India's logistics cost pegged at 7.97% of GDP, says DPIIT report")
Asia Cup 2025 final date, teams qualified, live timings and streaming
Bangladesh and Pakistan played out a thrilling final Super 4 tie which went in the favour of Pakistan who booked a final date with arch rivals India on Sunday.
 "Asia Cup 2025 final date, teams qualified, live timings and streaming")
Today's highlights: Tax burden on people will reduce further, says PM Modi
Latest news updates LIVE: Catch all the latest developments here
 "Today's highlights: Tax burden on people will reduce further, says PM Modi")
Fssai launches dedicated licensing window for Ayurveda Aahara products
The initiative introduces a 'Kind of Business' (KoB) framework specifically for Ayurveda Aahara
 "Fssai launches dedicated licensing window for Ayurveda Aahara products")
BP sees global oil demand peaking at 103 million barrels per day by 2030
BP's annual energy outlook revises oil demand peak to 2030 at 103 mn bpd, citing India and emerging Asia as drivers even as renewables gain share in global energy mix
 "BP sees global oil demand peaking at 103 million barrels per day by 2030")
Tata Capital's IPO likely to hit market in the first half of October
Tata Capital is set to launch its IPO in October to raise Rs 16,500-17,500 crore, providing growth capital for 2-3 years as Tata group stake declines to 86.5% post issue
 "Tata Capital's IPO likely to hit market in the first half of October")
Customer support and service major issues across fintechs: RBI study
An RBI bulletin study highlights customer support and grievance redressal as key challenges for fintechs, with users citing poor service, app glitches and loan processing issues
 "Customer support and service major issues across fintechs: RBI study")
Non-bank funding rose as bank credit slowed in FY25: RBI Bulletin
Non-bank sources including NBFCs, equity issuances and short-term external credit offset moderation in bank lending, raising overall funding flows to the commercial sector
 "Non-bank funding rose as bank credit slowed in FY25: RBI Bulletin")
Intel in talks with Apple on investment to support chipmaker's comeback
Once the dominant chipmaker, Intel now has a fraction of Nvidia's sales and market capitalization. It also has laid off workers, delayed factory expansion plans to cope with its deteriorating finances
 "Intel in talks with Apple on investment to support chipmaker's comeback")
Apple pushes EU to repeal tech rules citing delayed features, app risks
The request comes as the European Commission reviews the law, marking its first evaluation of the act's effectiveness and its capacity to respond to emerging technologies, including AI
 "Apple pushes EU to repeal tech rules citing delayed features, app risks")
Rupee undervalued among peers, REER at lowest level since February 2019
The rupee's REER fell to 98.79 in July, the lowest since February 2019, with RBI easing intervention as FII outflows, rising imports and weak sentiment pressure the currency
 "Rupee undervalued among peers, REER at lowest level since February 2019")
Demand for GenAI smartphones rings louder: Counterpoint Research data
Shipments climb from 3% to 13% but the signal weak compared to 30% worldwide
 "Demand for GenAI smartphones rings louder: Counterpoint Research data")
StanChart to focus on multi-product clients; no new branches planned
Standard Chartered India will focus on cultivating multi-product retail relationships and cross-selling to affluent clients while consolidating branches into large priority centres
 "StanChart to focus on multi-product clients; no new branches planned")
NSE unique investor base crosses 120 million; one in four are women
The exchange surpassed the 110-million mark in January this year
 "NSE unique investor base crosses 120 million; one in four are women")
World Food India: Govt expects ₹1 trn investment in food processing sector
World Food India 2025 is set to draw over Rs 1 trillion in investments, with Reliance, Coca-Cola, Amul and Olam Foods signing MoUs worth Rs 75,000 crore on the opening day
 "World Food India: Govt expects ₹1 trn investment in food processing sector")
GST cut will give impetus to demand: Tata Consumer's Sunil D'Souza
Tata Consumer MD Sunil D'Souza says GST cuts and increased government spending will put more money in consumers' hands, boosting demand and driving long-term growth
 "GST cut will give impetus to demand: Tata Consumer's Sunil D'Souza")
Muthoot Finance shines in Q1FY26 with strong AUM, margin, gold loan growth
Muthoot Finance reported strong Q1FY26 results with 42% YoY AUM growth, improved asset quality, higher yields and strong recoveries as gold loans drove profitability
 "Muthoot Finance shines in Q1FY26 with strong AUM, margin, gold loan growth")
Sensex, Nifty extend losses to log longest losing streak in six months
Indian markets fell for a fifth day on sustained FPI selling and weak IT outlook after US visa fee hike, eroding Rs 3.2 trillion in investor wealth and testing key support levels
 "Sensex, Nifty extend losses to log longest losing streak in six months")
European banks to launch euro stablecoin, challenge US crypto dominance
The European banks' new Amsterdam-based company is expected to launch its stablecoin in the second half of next year
 "European banks to launch euro stablecoin, challenge US crypto dominance")
As market competition grows, mutual funds cut costs to woo investors
Tata, SBI announce sharp reductions in exit loads; Jio BlackRock sets it to zero
 "As market competition grows, mutual funds cut costs to woo investors")