L&T's Vyoma.AI will set up a 10,000-GPU Nvidia B300 AI factory at its Chennai data centre campus for US-based AI firm Together AI Vyoma.AI, the data centre business of L&T, said it secured India's largest single-cluster AI infrastructure, an Nvidia B300 AI factory, for US-based start-up Together AI. The order is worth Rs 10,000-15,000 crore.... More https://bit.ly/45m0MP9 Via business-standard.com

The final alignment, station locations, land acquisition requirements, funding structure and construction schedule are yet to be finalised A proposed high-speed rail corridor connecting Hyderabad, Amaravati and Chennai is set to give South India’s intercity connectivity a major push. The Hyderabad-Amaravati-Chennai bullet train corridor is planned across Telangana, Andhra Pradesh and Tamil Nadu, with 18 stations spread over around 760 km. T…

  SEBI plans to allow companies with a market value of as much as ₹4,000 crore to use the SME platforms for IPOs India’s markets regulator is planning sweeping changes in rules that could bolster tiny-company listings and increase investor participation, according to people familiar with the matter.....  

·       BRICS Summit: India to champion development issues, no push for common currency https://bit.ly/45t7Edt ·       Bank of America to acquire up to 49.9% stake in Jio Credit for ₹18,268 crore https://bit.ly/4qi4djp ·       Exim Bank projects India's merchandise exports to grow 17.6% in Q2FY27 https://bit.ly/4wq2vxW · &n…

Jyothy Labs continues to develop Exo as part of its dishwashing portfolio. In an exclusive conversation with Entrepreneur India, MR Jyothy discusses her confidence in the brand and the approach ahead for the business. Create, build, & continue. …That’s what the second-generation leader of a legacy business built by her father is envisioning for the company. Seventeen years after first working on the brand, MR Jyothy, chairperson …

FD rates: Small finance banks lead with 8%+, while big banks offer up to 6.75% Union Bank of India and Indian Bank have recently revised their fixed deposit rates across select tenures, while small finance banks continue to offer some of the most competitive rates in the market..... More https://bit.ly/3RODEWl Via business-standard.com

  Move expands India-US cooperation in lunar exploration; two sides to step up talks on open scientific data sharing under Artemis Accords The National Aeronautics and Space Administration (NASA) has invited the Indian Space Research Organisation (ISRO) to join its ‘Moon Base’ programme, marking an expansion of India-US cooperation in lunar science and exploration, according to a joint statement issued by the US Mission, India an…

·       Coal India weighs buying Canada's Wealth Minerals unit for Chile lithium assets https://bit.ly/3TS3mtF ·       US judge dismisses criminal charges against Gautam Adani https://bit.ly/4gbCRXv ·       Brics exploring ways to cut costs, speed up cross-border payments: RBI Guv https://bit.ly/4wiVOh7 ·    &n…

India's top 300 family businesses added Rs 4076 crore of value every day in the last two years, up nearly Rs 30 lakh crore on the 2024 edition and INR 1.23 Lakh Crore on the 2025 edition. India's 300 most valuable family businesses are now collectively worth ₹138 lakh crore ($1.46 trillion), according to the 2026 Barclays Private Clients Hurun India Most Valuable Family Businesses List. Their combined value is equivalent to an economy that woul…

  The lean manufacturing success story opens a high-value defence export market A homegrown 10-gram cooling technology for missile seekers has broken a tightly guarded Western monopoly on such products. The journey to this lean manufacturing success story began with a chance meeting between IIT Bombay alumnus Dr Pravin Salinkar, co-owner of Techno Defence Pvt Ltd and a lab director from Defence Research and Development Organisation (DRDO) so…

·       India's semiconductor strategy complementary to Vietnam's chip sector: expert https://bit.ly/45faLFV ·       Vietnam to return as Partner Country at Uttar Pradesh International Trade Show 2026 https://bit.ly/4cwUccj ·       MEPZ SEZ approves investment worth ₹443 crores https://bit.ly/4q8M5s5 ·    &nb…

A taxpayer typically applies for a lower or nil TDS certificate when their actual tax liability is expected to be lower than the amount of TDS that would otherwise be deducted The Income Tax department is currently in the process of framing rules to implement the 2026-27 Budget provision that allows taxpayers to electronically apply for lower or nil TDS certificates electronically, Parliament was informed on Monday.... More https://bit.ly/4z…

  New Delhi signals little appetite for sacrificing energy security, defence ties, strategic cooperation with Moscow India is unlikely to rein in crude oil purchases from Russia, its largest oil supplier, despite mounting pressure from Washington, with the US Senate overwhelmingly passing a sanctions Bill empowering President Donald Trump to impose tariffs of up to 100 per cent on imports from the top buyers of Russian oil and gas, sources s…

·       US Vice President Vance dials PM Modi, discusses ways to expand India-US partnership https://bit.ly/4fMl0rc ·       India unlikely to curb Russian oil buys despite fresh US sanctions threat: Sources https://bit.ly/45OXxzE ·       BRICS trade ministers to study invoice discounting mechanism for MSME financing https://bit.ly/3SnSXp…

Vande Bharatam received applications from every State and Union Territory, with ideas spanning mobility, sustainability, technology, agriculture, defence, healthcare, manufacturing, education and other sectors. The cohort brings together innovators from varied regions, disciplines and backgrounds, united by the ambition to solve the nation's problems, build nation-building enterprises and create nationwide impact. Created on the premise that tale…

PM Modi also congratulated Vance and Second Lady Usha Vance on the birth of their son and conveyed his best wishes to the family US Vice President JD Vance dialled Prime Minister Narendra Modi late Saturday to discuss ways to further deepen the India-US Comprehensive Global Strategic Partnership across key areas. During the call, PM Modi congratulated Vance and Second Lady Usha Vance on the birth of their son and conveyed his best wishes to the f…

  The current debate about the UPI ecosystem is not about changing the fundamental design principles IPO-bound Phonepe has clarified that UPI payments will continue to remain free for consumers and the conversation around sustainable business model was to make the ecosystem more robust to take on fresh threats from frauds and other cyber-attacks......

Smallest.ai has raised USD 13 million in Series A funding to scale its real-time voice AI technology and expand enterprise deployments. AI voice technology company Smallest.ai has raised USD 13 million in a Series A funding round led by Seligman Ventures, taking its total funding to more than USD 21 million. The round saw participation from existing investors Sierra Ventures and 3one4 Capital. The company plans to use the fresh capital to acceler…

Solar cell capacity seen touching 100 GW within a year; 80 GW ingot-wafer capacity targeted by June 2028. India is working on an incentive scheme to build more than 10 GW of domestic polysilicon manufacturing capacity, seeking to plug a critical upstream gap in the solar supply chain and reduce complete dependence on China for the key raw material, Union new and renewable energy Secretary Santosh Kumar Sarangi said..... More https://bit.ly/4…

  Company targets 2028 launch with advanced EVEREST engine hot-fire testing Space-tech company Astrobase Space Technologies has unveiled what it describes as India’s first privately developed 800 kN Full-Flow Staged Combustion (FFSC) rocket engine, entering one of the most demanding and often described in the industry as the “holy grail” of rocket propulsion.....

Ensuring industry-wide compliance has become a big challenge for the government. Digital Dark Patterns Challenge: Compliance Must Be Part of Workflows The Central Consumer Protection Authority (CCPA) has found as many as nine digital entities including Zepto, BookMyShow, and IndiGo in violation of guidelines on dark patterns..... More https://bit.ly/4xr07b5 Via entrepreneur.com  

Ensuring industry-wide compliance has become a big challenge for the government. Digital Dark Patterns Challenge: Compliance Must Be Part of Workflows The Central Consumer Protection Authority (CCPA) has found as many as nine digital entities including Zepto, BookMyShow, and IndiGo in violation of guidelines on dark patterns..... More https://bit.ly/4xr07b5 Via entrepreneur.com  

The CBDT has enabled taxpayers to view certain foreign asset information in their AIS, giving them greater visibility into overseas financial data received under global information-sharing arrangements. The move is intended to improve voluntary compliance but does not reduce taxpayers' responsibility to fully disclose foreign assets and income while filing ITRs. The Central Board of Direct Taxes (CBDT) has introduced a new feature in the Annual I…

  Intermediaries are also required to ensure clear labelling and traceable metadata for permissible AI-generated content, so that users can easily identify synthetically generated material and prevent deception or misuse The government has slashed the online content takedown time for sensitive matters to 3 hours from the earlier 36 hours given to social media platforms.....  

·       FISME urges CBIC to introduce safe harbour for bona fide buyers https://bit.ly/4g1H5RD ·       Coal India enters iron ore mining in latest push towards diversification https://bit.ly/4w9QLza ·       Next phase of Green Energy Corridor to cover 10,000 ckm: Pralhad Joshi https://bit.ly/4wan3du ·     …

The GOBARdhan scheme will be implemented from FY2026-27 to FY2035-36 and aims to establish compressed biogas as a major pillar of India's future energy mix The Union Cabinet on Thursday approved the GOBARdhan (National Circular Bioenergy Scheme), a ₹23,731 crore programme aimed at scaling up compressed biogas (CBG) production through assured offtake, stable pricing, capital support, pipeline connectivity and easier access to finance..... More&n…

Sanjay Ghemawat is entering a new co-founded venture called Discovery Loop, alongside Google's Jeff Dean. Here's everything you need to know about Ghemawat, who has played a key role at Google. For years, Sanjay Ghemawat has worked behind the scenes at Google, playing a key role in technologies that shaped the internet. Now, after nearly 27 years at Google, Ghemawat is stepping down, and he is finally entering the public spotlight with his new co…

  The Centre said Andhra Pradesh received $608 million in FDI in FY 2025-26, compared to $92 million in FY 2023-24, the last full financial year of the YSRCP government Andhra Pradesh has witnessed a sharp rise in Foreign Direct Investment (FDI) under the Chandrababu Naidu-led NDA government, according to official data shared by the Union Government in Parliament......

·       ‘India’s macroeconomic fundamentals are very strong, we expect our external position to remain robust’ https://bit.ly/4g1Y6v0 ·       IG Defence holds advanced talks to export KAL kamikaze drone to Gulf countries https://bit.ly/3RQZ4SE ·       Oil Ministry to deploy tactical teams for petrol pump inspections, sa…

The EV sector is projected to generate 30-40 million jobs, with 10-15 per cent direct and 85-90 per cent indirect jobs by 2030, the report stated The electric vehicle (EV) sector is expected to create 30-40 million jobs by 2030, with hiring projected to grow 15-20 per cent annually, driven by rising demand for specialised talent in engineering, energy systems and battery technologies, a report said on Wednesday..... More https://bit.ly/4c429…

Meta also expressed regret over the way certain content was handled on its platforms. Meta CEO Mark Zuckerberg apologised for the presence of Child Sexual Abuse Material (CSAM), deepfake content and operational errors on the company's platforms, sources told India Today on Wednesday. According to the sources, Meta also expressed regret over the way certain content was handled on its platforms..... More https://bit.ly/4xdTyZk Via busines…

  RBI Governor Sanjay Malhotra noted that the Indian economy has remained resilient amidst persisting global headwinds The Reserve Bank of India (RBI) has marginally bumped up real GDP growth projection for FY27 to 6.7 per cent from earlier estimate of 6.6 per cent. It slightly revised lower the CPI inflation for FY27 to 5.0 per cent from earlier estimate of 5.1 per cent.....

·       Corporate law changes to ease compliance, boost buyback flexibility for listed firms https://bit.ly/4fT29tu ·       Govt moves Bill to levy MDR on UPI, digital payments on big merchants; no fee for consumers https://bit.ly/4xFMzsv ·       Most labels and ads changed, says Dabur after FSSAI crackdown on ‘100 per cent’ …

The Bankers' Books Evidence Bill, 2026 replaces the 1891 law by recognising digital bank records, setting new rules for electronic evidence and limiting when courts can summon bank officials On Tuesday, the government will table a Bill which seeks to replace the 125-year-old Bankers' Books Evidence Act. The new Bill updates the legal framework governing how bank records can be produced as evidence in courts..... More https://bit.ly/456ZOGb Via bu…

  The pace of installation has risen from 5,038 installations a day in October 2025, to nearly 16,328 installations a day in July 2026 The Ministry of New & Renewable Energy (MNRE) said on Tuesday that the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY) has achieved solar power installations on 5 million residential roof tops. “The PM Surya Ghar: Muft Bijli Yojana has crossed a landmark milestone with over 50.06 lakh households now be…

·       Centre moves to impose MDR on UPI, extend tax breaks for contract manufacturers https://bit.ly/4cgAelW ·       How India’s young billionaires are harnessing digital infrastructure to build high-growth businesses https://bit.ly/4chN8jA ·       How Tax Bill is likely to bring support for more sectors https://bit.ly/3TU4XPr &m…

Bharat Electronics (BEL) secured fresh orders worth Rs 847 crore, boosting its order book to Rs 72,258 crore as of July 2026. Q1FY27 profit rose 9% with strong revenue growth amid higher costs.   Defence PSU and electronics major Bharat Electronics (BEL) has secured fresh orders worth Rs 847 crore. The company said it had received the additional orders since its last disclosure on July 13, 2026.... More https://bit.ly/4fW1pUu …

Domestic institutions now own a bigger share of Indian equities than foreign investors as SIP-driven inflows reshape Dalal Street A record $166 billion of domestic institutional inflows over the past 22 months has transformed the ownership of India's stock market. Domestic institutional investors now hold 21% of the Nifty 500—an all-time high—compared with 17% for foreign institutional investors, signalling that Indian equities are in…

  Brands boost marketing spend expecting stronger demand amid improving macroeconomic conditions After two quarters of cutbacks on marketing spending, India’s FMCG companies are increasing ad spending, betting on a fruitful festive season as the war clouds appear to clear and customer sentiment picks up....

·       FTAs seen driving Philippines-India trade to $10 billion https://bit.ly/4fHDPuk ·       “Muthoot is to gold loan what SBI is to banking,” George Alexander Muthoot https://bit.ly/4pTIZIs ·       FSSAI says some alcobev firms add flavours to mask natural chemical composition, mislead consumers https://bit.ly/4w8cwPT &mi…

The exploration will be spearheaded by DeepX, a mission-mode team of more than 30 experts that will work with advanced technologies and global specialists The Oil and Natural Gas Corporation (ONGC) on Saturday (August 1) unveiled its seven year plan under the mega Samudra Manthan programme announced on July 31 by the Union cabinet...... More business-standard.com Via https://bit.ly/4fLXLfH

India's GST collections continued their strong momentum in July, with gross revenues rising 15.4% year-on-year to ₹2.11 lakh crore, driven by robust domestic collections and a sharp jump in tax receipts from imports. The latest data also points to broad-based revenue growth across most states, reflecting resilient consumption and improved tax compliance. India's gross Goods and Services Tax (GST) collections rose 15.4% year-on-year to ₹2.11 l…

Of the traded value, $1.5 billion is from trading on the exchanges of the US, followed by those of South Korea and Germany at $272 million and $43.7 million, respectively GIFT City is seeing early signs of retail investors buying and selling securities listed overseas through global access platforms (GAPs), which offer this kind of trade...... More https://bit.ly/4pQeT8F Via business-standard.com

SEBI has introduced the GARUDA framework to accelerate the launch of Alternative Investment Fund (AIF) schemes while retaining disclosure and due diligence requirements. Here's a look at what AIFs are, how SEBI classifies them into three categories, and what the new framework changes for fund managers. The Securities and Exchange Board of India (SEBI) has introduced a new framework to speed up the launch of Alternative Investment Fund (AIF) schem…

      The scheme will be led by state-run exploration and production majors — ONGC and Oil India (OIL) The Cabinet on Friday approved Samudra Manthan, or the National Offshore Exploration Scheme, through which it aims to boost oil and gas production in deep and ultra-deep water with a funding boost of ₹84,084 crore, or roughly $8.81 billion.....

Backing the FIR, the BJP said criticism is welcome but organised abuse and defamatory content cannot be justified as free speech Telangana’s Cyber Crime Police have registered two cases against Meta India’s head and operators of several Facebook and Instagram accounts over the alleged circulation of morphed and objectionable social media content targeting Prime Minister Narendra Modi during the recent Cockroach Janata Party (CJP) prot…

·       Pilot duty rules make aviation uncompetitive: IndiGo MD Rahul Bhatia https://bit.ly/4hHbNSh ·       India's first Telecom Manufacturing Zone to be set up in Gwalior https://bit.ly/4fJVz8m ·       Superfood goes global as first shipment of flavoured makhana reaches Canada https://bit.ly/4bhakOM ·    &nbs…

Houlihan Lokey's 2026 IPL Brand Valuation Study found that IPL's standalone brand value has risen to $4.3 billion, up 10.3% from the previous year The Indian Premier League saw its business value climb to $20.6 billion in 2026, according to global investment bank Houlihan Lokey, highlighting the world’s richest cricket competition’s continued double-digit growth and cementing its status as one of te top global sports properties..... M…