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Sensex, Nifty end marginally higher after RBI keeps rates unchanged

Aug 5, 2026

Mumbai, Aug 5 (IANS) Indian equity benchmarks ended marginally higher on Wednesday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 per cent and maintained its neutral policy stance, broadly in line with market expectations.The Sensex settled 152.05 points, or 0.19 per cent, higher at 78,581.00, while the Nifty…

India to outperform global peers on strong consumption, FTAs to boost exports: HSBC Mutual Fund…

Aug 5, 2026

New Delhi, Aug 5 (IANS) India is likely to continue outperforming most major global economies despite persistent global uncertainties, supported by strong domestic consumption and rising exports, HSBC Mutual Fund India Chief Executive…

Business

Meta and other social media platforms must comply with law of the land: Govt sources

Aug 5, 2026

New Delhi, Aug 5 (IANS) Social media platforms, including Meta, must comply with the law of the land, IT Ministry sources said on Wednesday, as a parliamentary panel asked Meta CEO Mark Zuckerberg to issue an "unqualified apology" within…

Business

IMD forecast of El Nino helped govt prepare for weak monsoon: Minister

Aug 5, 2026

New Delhi, Aug 5 (IANS) The India Meteorological Department (IMD) has issued a below-normal rainfall forecast for the 2026 Southwest Monsoon season due to the El Nino event, thereby providing advance guidance for preparedness and planning…

Business

Monte Carlo Q1 net loss widens to Rs 23.4 crore

Aug 5, 2026

New Delhi, Aug 5 (IANS) Premium apparel brand Monte Carlo Fashions on Wednesday reported a wider consolidated net loss of Rs 23.4 crore for the quarter ended June 30 (Q1 FY27), compared to a net loss of Rs 16.2 crore in the corresponding…

Noida - Greater Noida - Yamuna Expressway

Grand Opening of IHE Expo 2026: Day 1 Turns Greater Noida into India’s Hospitality Business…

Aug 5, 2026

The 9th edition of the India International Hospitality Expo (IHE Expo 2026) commenced at the India Expo Centre & Mart, Greater Noida, reaffirming its status as India's largest B2B sourcing platform for the hospitality, HORECA (Hotels,…

Business

DRI seizes Rs 3 crore worth Pakistan-origin dry dates routed through UAE

Aug 5, 2026

New Delhi, Aug 5 (IANS) The Directorate of Revenue Intelligence (DRI) on Wednesday uncovered an alleged attempt to bypass India's ban on imports from Pakistan by routing goods through a third country and misdeclaring their origin. In the…

Business

Someone has to pay cost, but MDR on UPI proposal still premature: RBI Governor

Aug 5, 2026

Mumbai, Aug 5 (IANS) RBI Governor Sanjay Malhotra said on Wednesday that costs have to be paid by someone for the sustainability of the public infrastructure for digital payments to run the UPI system, but this may not fall on general…

Business

Meta row: Parliamentary Panel seeks Mark Zuckerberg apology in 3 days

Aug 5, 2026

New Delhi, Aug 5 (IANS) A Parliamentary Standing Committee on Wednesday took strong exception to the temporary removal of Prime Minister Narendra Modi's video from Facebook and has sought an apology from Meta CEO Mark Zuckerberg within…

Business

Repo rate pause likely to boost business sentiment: Economists

Aug 5, 2026

New Delhi, Aug 5 (IANS) Industry bodies and economists broadly welcomed the Reserve Bank of India’s decision on Wednesday to keep the benchmark repo rate unchanged, saying the move should bolster business confidence.The Associated Chambers…

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