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

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, Restaurants and Catering), foodservice and tourism sectors. Running from August 5 to 8, the four-day exhibition…

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…

Business

Postal department sets special Rakhi counters at 34 post offices in Delhi

Aug 5, 2026

New Delhi, Aug 5 (IANS) The Department of Posts in the Delhi Circle has set up special counters at 34 major post offices along with railway stations -- Delhi Railway Station and New Delhi Railway Station -- to facilitate timely delivery of…

Business

RBI targets rollout of polymer currency notes by FY28: Governor Malhotra

Aug 5, 2026

Mumbai, Aug 5 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said the central bank is targeting the introduction of polymer currency notes by FY28 with field trials currently underway to assess their performance…

Business

AI offers lifeline to developing economies by accelerating growth: World Bank

Aug 5, 2026

New Delhi, Aug 5 (IANS) Artificial intelligence gave a lifeline to developing countries, allowing them to achieve in a decade 'what might otherwise take a century', but only if their governments rapidly close gaps in power, connectivity,…

Business

India’s services PMI at 53.3 in July; export demand, hiring remain supportive

Aug 5, 2026

New Delhi, Aug 5 (IANS) India's services sector remained in expansion territory in July due to healthy export demand and continued hiring, according to the HSBC India Services PMI data released on Wednesday.The seasonally adjusted HSBC…

Business

RBI unveils cooperative banking reforms, proposes transparent lending rate framework

Aug 5, 2026

Mumbai, Aug 5 (IANS) The Reserve Bank of India (RBI) on Wednesday announced measures to strengthen the cooperative banking sector and proposed a harmonised regulatory framework for interest rates on advances across all regulated entities to…

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