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Telangana Rising 2026 to serve as platform to attract investments, says Chief Secretary

Aug 5, 2026

Hyderabad, Aug 5 (IANS) "Telangana Rising–2026" Global Summit, scheduled to be held here in December, will serve as a platform to attract investments and boost Gross State Domestic Product (GSDP), Chief Secretary Sanjay Jaju said on Wednesday.He directed the concerned officials to ensure coordination among all government departments and make…

Whirlpool India’s Q1 profit falls 29 pc to Rs 103 crore

Aug 5, 2026

Mumbai, Aug 5 (IANS) Whirlpool of India on Wednesday reported a 29.4 per cent decline in net profit for the June quarter, as higher input and operating costs squeezed margins despite double-digit growth in revenue.The home appliances maker…

Business

India must build ‘strategic agency’ in AI, not just autonomy: Report

Aug 5, 2026

New Delhi, Aug 5 (IANS) India should convert its scale, talent and digital public infrastructure into lasting technological leverage in artificial intelligence (AI) rather than merely seeking ways to avoid dependence, a new report has…

Business

Mark Zuckerberg apologises to India over child abuse, deepfake content

Aug 5, 2026

New Delhi, Aug 5 (IANS) Meta CEO Mark Zuckerberg on Wednesday apologised over the spread of child sexual abuse material (CSAM), deepfake content and shortcomings in the operation of the company's platforms.According to government sources,…

Business

Govt-backed Antariksh Venture Capital Fund supports three space-tech startups: Minister

Aug 5, 2026

New Delhi, Aug 5 (IANS) The Antariksh Venture Capital Fund -- a SEBI‑registered Category II Alternative Investment Fund set up to back emerging space‑tech start‑ups -- is now operational and has selected three startups for investment,…

Business

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…

Business

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…

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