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China faces first major EV battery retirement wave amid recycling concerns

Aug 1, 2026

New Delhi, Aug 1 (IANS) China is entering its first major wave of electric‑vehicle battery retirements, a new report has said, pointing to instances of the country's failures to safely recycle millions of tonnes of used lithium‑ion cells.China reported 4 lakh metric tonnes of EV battery waste last year, the report from the US-based publication…

CBI files Rs 1,816 crore EPFO investment fraud case against Reliance Capital

Aug 1, 2026

New Delhi, Aug 1 (IANS) The Central Bureau of Investigation (CBI) on Saturday said it has registered an FIR against Reliance Capital Limited in Mumbai, its former Chairman Anil Ambani, unknown public servants and other unknown persons, for…

Business

Indian Railways greenlights Rs 976 crore multitracking project in Bihar

Aug 1, 2026

New Delhi, Aug 1 (IANS) In a bid to support the socio-economic development of Bihar, Indian Railways has approved multitracking of the 29 km Danapur to Fatuha section of East Central Railway for Rs 976 crore, an official statement said on…

Business

Centre releases tax devolution worth Rs 1,09,019 crore to boost capex, development of state govts

Aug 1, 2026

New Delhi, Aug 1 (IANS) The government on Saturday said it has released additional instalment of tax devolution worth Rs 1,09,019 crore to state governments, which is in addition to the normal monthly devolution to be released on August…

Business

India’s auto sector posts robust July sales on sustained SUV demand

Aug 1, 2026

New Delhi, Aug 1 (IANS) India's passenger vehicle industry witnessed robust growth in July as leading automakers posted strong year-on-year sales on Saturday, led by sustained demand for SUVs, a sharp rise in electric vehicle sales and…

Business

India, Rwanda to deepen bilateral trade, boost business-to-business engagement

Aug 1, 2026

New Delhi, Aug 1 (IANS) India and Rwanda have committed to expand bilateral trade and boost business-to-business engagement, as they reviewed the current state of bilateral trade in goods and services, an official statement said on…

Business

RBI may hold rates in August MPC as Q1 growth likely to cross 7 pc: Report

Aug 1, 2026

New Delhi, Aug 1 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in its Monetary Policy Committee (MPC) meeting this month, as consumer price inflation is expected to remain above 5 per cent for the next two…

Business

S. Korea’s monthly exports hit 2nd highest ever on strong chip shipments

Aug 1, 2026

Seoul, Aug 1 (IANS) South Korea's monthly exports soared to the second highest ever by moving up nearly 63 per cent in July from a year earlier, data showed on Saturday, amid solid global demand for memory chips.Outbound shipments came to…

Business

‘Samudra Manthan’ to help India cut long-term dependence on oil and gas imports: Ministry

Aug 1, 2026

New Delhi, Aug 1 (IANS) By creating a robust offshore exploration ecosystem through better data, risk-sharing, common infrastructure and domestic manufacturing capabilities, the ‘Samudra Manthan’ scheme will enable India to build national…

Business

SEBI bars Punit Goenka, Subhash Chandra from securities markets for a year

Aug 1, 2026

Mumbai, Aug 1 (IANS) Market regulator SEBI has barred Zee Entertainment Enterprises Ltd (ZEEL) and two of its top executives, Punit Goenka and Subhash Chandra, from the securities market after finding that ZEEL’s Hyderabad land was…

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