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    Government pushes for turmeric exports through SPICED scheme
Business

Government pushes for turmeric exports through SPICED scheme

India has stepped up efforts to boost turmeric exports through a government-backed initiative called the SPICED scheme, aimed at improving quality, expanding markets, and strengthening supply chains for the spice.


      Lucknow Metro gets expansion worth Rs. 5,801 crore

Lucknow Metro gets expansion worth Rs. 5,801 crore

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project, an 11.165-km stretch with 12 stations, including seven underground and five elevated, at an estimated cost of Rs. 5,801 crore.

      Retail inflation eases to 1.55% in July 2025, lowest since June 2

Retail inflation eases to 1.55% in July 2025, lowest since June 2

India's retail inflation, as measured by the Consumer Price Index (CPI), eased sharply to 1.55% in July 2025 on a year-on-year basis, marking the lowest level since June 2017, according to data released by the Ministry of Statistics and Programme Implementation on Tuesday.

      Indian stock markets close lower on broader decline in Asia

Indian stock markets close lower on broader decline in Asia

The Indian stock market closed lower on Tuesday, following a broader decline in Asian markets, as investors focus on July's domestic inflation data and the US inflation report, which could influence market participants' decisions.

      Cabinet approves proposal for construction of Tato-II HEP

Cabinet approves proposal for construction of Tato-II HEP

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved investment of Rs 8146.21 crore for the construction of the Tato-II Hydro Electric Project (HEP) in the Shi Yomi District of Arunachal Pradesh.

      Cabinet clears four new semiconductor projects worth Rs 4,600 cr

Cabinet clears four new semiconductor projects worth Rs 4,600 cr

In a significant push to India's chip-making ambitions, the Union Cabinet on Tuesday approved four new semiconductor manufacturing projects with a total investment of Rs 4,600 crore under the India Semiconductor Mission (ISM). The projects will boost domestic production of chips, packaging and advanced materials, generating over 2,000 skilled jobs directly.

      IndiGo launches new direct flights to 2 Central Asian nations

IndiGo launches new direct flights to 2 Central Asian nations

IndiGo will launch direct flights from Mumbai to two major Central Asian cities, Tashkent in Uzbekistan and Almaty in Kazakhstan, starting September 1 and 2, 2025, respectively. The airline said in a press release that these routes will operate four times a week, further strengthening international connectivity from India's financial capital

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    Cement prices to go up with 7-8% expected revival in volume
Business

Cement prices to go up with 7-8% expected revival in volume

Cement prices in the country are expected to see a strong revival in the second half of FY26, with volumes likely to register a growth of 7 to 8 per cent, according to a report by Systematix Research.


    RBI conducts Rs 8,450 crore state government securities auction
Business

RBI conducts Rs 8,450 crore state government securities auction

The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of State Government Securities (SGS), raising a total of Rs 8,450 crore from various states and Union Territories. The cut-off yields in the auction ranged from 6.4377 per cent to 7.43 per cent.


    GCC leasing share by BFSI sector hits record 44% in Q2 2025
Business

GCC leasing share by BFSI sector hits record 44% in Q2 2025

Reflecting a structural shift in India's Global Capability Centers (GCC) landscape, the Banking, Financial Services, and Insurance (BFSI) sector emerged as the leading contributor to GCC leasing activity in April-June 2025, accounting for 44 per cent -- its highest-ever quarterly share -- surpassing the technology sector's 17 per cent.


    India imposes port restriction on certain goods from Bangladesh
Business

India imposes port restriction on certain goods from Bangladesh

The Government of India has imposed new restrictions on the import of certain jute-based goods from Bangladesh. The decision, issued through a government notification by the Ministry of Commerce & Industry, the Directorate General of Foreign Trade (DGFT) on August 11, 2025, amends the existing Import Policy under the ITC (HS), 2022 Schedule 1, and takes immediate effect.


    US tariff hike to hit earnings of diamond, shrimp, textile, and c
Business

US tariff hike to hit earnings of diamond, shrimp, textile, and c

The imposition of a 25 per cent tariff on the import of goods from India into the United States (US) will have a significant impact on the earnings of companies in sectors such as diamond polishing, shrimp, home textiles and carpets, said Crisil Ratings in a report.


    South Korea urges US for leniency on imported polysilicon probe
Business

South Korea urges US for leniency on imported polysilicon probe

South Korea has urged the United States to grant leniency to its companies in an ongoing probe into imported polysilicon, warning that broad restrictions could hurt both nations' clean energy and semiconductor industries, The Korean Herald reported.


    DPIIT signs MoUs with Hero MotoCorp and Zepto
Business

DPIIT signs MoUs with Hero MotoCorp and Zepto

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed two separate Memorandums of Understanding (MoUs) with Hero MotoCorp Limited and Zepto Private Limited to support and scale early-stage startups across different sectors.


    Korean chip makers fear price pressure on components
Business

Korean chip makers fear price pressure on components

South Korea's electronic component makers are bracing for tough months ahead as Washington moves closer to imposing new tariffs on a wide range of technology products. The Korean Herald reported that the biggest uncertainty lies in whether semiconductors embedded in finished products such as smartphones and personal computers will be exempt from the proposed tariffs.


    Consumer loan growth in India bottomed out: Morgan Stanley
Business

Consumer loan growth in India bottomed out: Morgan Stanley

Consumer loan growth in India appears to have bottomed out, and a faster recovery is expected with the moderation in credit costs in the coming quarters, noted a recent report by the global financial services firm Morgan Stanley.


    Global survey finds only 8% firms worldwide reached AI-driven
Business

Global survey finds only 8% firms worldwide reached AI-driven

AI Pulse Survey done by global consulting firm Protiviti, has revealed that while most organisations worldwide are still in the early stages of artificial intelligence (AI) adoption, satisfaction levels with AI returns are high, with 85 per cent reporting that investments have met or exceeded expectations.


    Samsung & Tesla partnership gained new weight
Business

Samsung & Tesla partnership gained new weight

Samsung Electronics' USD 16.5 billion deal to manufacture Tesla's next-generation AI6 processors has gained new weight after Tesla shut down its Dojo supercomputing team, a move widely seen as a sign the electric carmaker will lean more on external chip partners.


    RBI does not regulate minimum balance requirements for banks
Business

RBI does not regulate minimum balance requirements for banks

The minimum balance requirements for saving accounts does not come under the regulatory domain of the Reserve Bank of India (RBI), banks decide it as per their own business needs, stated RBI Governor Sanjay Malhotra on questions of ICICI Bank raising minimum balance requirement in saving account to up to Rs 50,000.


    Nifty, Sensex open flat; market expects relief in tariff
Business

Nifty, Sensex open flat; market expects relief in tariff

Indian stock markets opened on a cautious note on Monday, with investors awaiting a positive outcome from the US-Russia meeting scheduled for this weekend.


    Ministry of Steel grants BIS exemption to steel manufacturers
Business

Ministry of Steel grants BIS exemption to steel manufacturers

The Ministry of Steel has announced an important step to ease the import process for steel products by granting exemptions to 202 BIS (Bureau of Indian Standards) licenses from mandatory adherence requirements on the Steel Import Monitoring System (SIMS) portal.

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Cement prices to go up with 7-8% expected revival in volume

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RBI conducts Rs 8,450 crore state government securities auction

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GCC leasing share by BFSI sector hits record 44% in Q2 2025

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India imposes port restriction on certain goods from Bangladesh

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US tariff hike to hit earnings of diamond, shrimp, textile, and c

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