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Modi government gets IMF backing on 7.8% GDP growth amid data row

Giving a boost to the Narendra Modi-led government, the International Monetary Fund (IMF) has backed India’s 7.8% GDP growth recorded in the April-June quarter, saying the South Asian nation remains a key growth engine for the world.

Mahindra Truck and Bus launches BLAZO i-TRK heavy commercial truck. All details here

Mahindra Truck and Bus, part of the Mahindra Group, on Thursday announced the launch of the all-new BLAZO i-TRK, a next-generation heavy commercial truck built around the promise of “Profit Ka Rocket” for transporters and fleet owners.

Piyush Goyal calls for deeper, resilient and more balanced Intra-BRICS trade

With BRICS accounting for nearly one-fourth of global trade, Union Minister of Commerce and Industry Piyush Goyal on Thursday underlined the need for member and partner countries to build deeper, more resilient and balanced trade partnerships.

TCS launches India’s first lights-out factory lab to advance AI-first manufacturing. All you need to know

Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has launched the TCS Industrial Autonomy & Engineering Lab – Lights-Out Factory, at its Sahyadri Park campus in Pune.

IGM appoints ex-CEO of Diamond India as MD of BullionX

India Gold Metaverse (IGM) has announced the appointment of former CEO of Diamond India Ltd, Nirakar Chand, as the Managing Director of its bullion business vertical, BullionX, a technology-enabled ecosystem for modern bullion markets.

Sona College of Technology's 25th graduation day: 1,325 students receive BE, BTech, ME, MCA, MBA and PhD degrees

Sona College of Technology celebrated its 25th Graduation Day, with 1,325 students from the Class of 2025 receiving their degrees, including 1,039 undergraduate students, 271 postgraduates and 15 doctoral scholars. Of the undergraduate graduates, 155 secured First Class with Distinction, 878 First Class and only six Second Class.

Middle East tensions won’t dampen India’s festive jewellery demand, says CaratLane MD

Tata Group-backed jewellery major CaratLane's Managing Director Saumen Bhaumik said the ongoing geopolitical tensions in the Middle East are unlikely to impact domestic jewellery sales during India's upcoming festive season.

L&T breaks new ground: India’s first private corporate to issue Tokenised Bond

Larsen & Toubro (L&T) has become the first private sector corporate in India to raise ₹500 crore through tokenised bonds with a 3-year tenure, under the Securities and Exchange Board of India’s (SEBI) newly introduced blockchain-based tokenisation framework.

Adani Airport Holdings to raise Rs. 9,825 crore from global investor consortium. All details here

Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises Limited (AEL) and one of India’s largest private airport operators, has entered into binding agreements to raise ₹9,825 crore (approximately USD 1 billion) in primary equity capital from a consortium comprising Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds.

Adani Ports lands major Paradip berth deal: What does the 18 MMT expansion mean?

APSEZ, an Integrated Transport Operator, has emerged as the highest bidder and received the Letter of Award (LoA) for the development and operation of two dry bulk berths at Paradip port in Odisha.

After 3,300 job cuts, Uber tightens work-from-home rules: Only 1% employees to remain fully remote

Amid its massive layoff drive, Uber has decided to tighten its rules for employees working from home by introducing a stricter return-to-office policy, media reports said.

Financial Fraud Risk Indicator prevents suspected cyber fraud transactions worth over ₹5,000 crore, says DoT

The Indian Department of Telecommunications (DoT) has helped prevent suspected cyber fraud losses of more than ₹5,000 crore through its Financial Fraud Risk Indicator (FRI) within fifteen months of its launch on May 22, 2025.

Sensex, Nifty extend losses for 2nd straight day as US-Iran war, crude oil surge rattle markets

Indian benchmark indices Sensex and Nifty declined for the second consecutive session on Tuesday, weighed down by the ongoing US-Iran conflict and rising crude oil prices, which kept investors cautious.

Samsung India layoffs begin: 80-100 executives asked to leave

Tech major Samsung India Electronics has started cutting jobs in batches as sales and margins come under pressure in its mainstay smartphone business, following a more than twofold increase in memory chip prices, The Economic Times reported.

TCS expands AI footprint with new 4,500-sq-ft creative engineering studio in London

Tata Consultancy Services, an IT services, consulting, and business solutions major, has launched the TCS Interactive Creative Engineering Studio in London.

DGFT launches new API facility to make certificate of origin applications faster

The Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, has introduced an Open Application Programming Interface (API) facility for the issuance and verification of Certificates of Origin (CoO) through the Trade Connect e-Platform.

Coal India sees sharp recovery in production, power-sector supplies as rainfall eases

Coal India Limited (CIL) has witnessed a sharp improvement in coal production and supplies to the power sector as rainfall receded across its mining regions.

Adani Power Improves ESG Score to 66 in NSE Sustainability Assessment. What does it mean?

Adani Power Limited (APL), a thermal power generation company, on Monday said it has further improved its Environmental, Social and Governance (ESG) performance, recording a score of 66 in the latest assessment by NSE Sustainability, up from 65 in FY26.

Bajaj Broking launches its ChatGPT plugin to help users with AI-powered portfolio insights. Why is it needed?

Bajaj Broking has launched its investment application plugin on ChatGPT, enabling investors to access live portfolio data directly within ChatGPT through a native, in-app connection, without requiring any developer setup.

TCS’ HyperVault to establish large-scale AI data center campus in Telangana: Know all details

HyperVault, a subsidiary of Tata Consultancy Services (TCS) has secured 264 acres of land to develop a large-scale AI data center campus of up to 1GW capacity in Hyderabad.

Thales and Kalyani Strategic Systems Limited sign Strategic Alliance Agreement for 70-mm Rocket Systems

During the Belgian state visit to India, Thales and Kalyani Strategic Systems Limited (KSSL), the wholly-owned defence subsidiary of Bharat Forge Limited, signed a Strategic Alliance Agreement to explore collaboration on both the unguided and laser-guided variants of Thales’ 70-mm rocket systems, which are already in use by the Indian Armed Forces.

Axis Bank and Scapia launch co-branded credit card for India's new generation of travellers

Axis Bank, one of India's largest private sector banks, and Scapia, a travel-focused fintech company, have announced the launch of the Scapia Axis Bank Credit Card, aimed at India's growing community of digitally savvy travellers.

What is MillionR Special Edition? TVS Motor celebrates one million TVS iQube families. All you need to know

Building on the milestone of one million customers for TVS iQube, TVS Motor Company, part of TVS VENU and a globally reputed manufacturer of two and three-wheelers, today introduced the TVS iQube MillionR special edition.

‘What was lacking was a government’: Sanjiv Goenka’s big praise for Suvendu Adhikari

Kolkata/IBNS: Celebrating 100 years of the Indian Chamber of Commerce headquartered in Kolkata, the ICC launched its Centenary book “Never Taking No for an Answer: India’s Indomitable Private Enterprise,” published by Penguin Publishers.

Volkswagen to cut 50,000 jobs: German auto giant unveils massive turnaround plan

German automaker Volkswagen Group has announced plans to cut approximately 50,000 jobs and reduce its vehicle model portfolio by around half as part of its Future Plan 2030, a major turnaround strategy aimed at improving competitiveness amid intensifying global competition and changing market conditions.

Who is Subhash Chandra Garg, ex-Finance Secretary challenging Modi govt's 7.8% GDP growth claim?

New Delhi/IBNS: Former Finance and Economic Affairs Secretary Subhash Chandra Garg has questioned the government's 7.8% real GDP growth estimate for the first quarter (Q1) of FY 2026-27, arguing that the latest numbers warrant closer scrutiny.

Uber to cut 10% of workforce in major restructuring; shuts operations in Nigeria, Uganda

Ride-hailing giant Uber is set to cut around 10 percent of its workforce as part of a major organisational restructuring, CEO Dara Khosrowshahi said in a message to employees on Wednesday.

India to become the ‘data centre of the world’? Piyush Goyal reveals massive $200 billion opportunity

Union Commerce and Industry Minister Piyush Goyal has described India as the “world’s best location” for setting up data centres, highlighting the country’s growing potential as a global hub for digital and AI infrastructure.

Indian equity indices extend losses for third straight session amid Middle East tensions, crude oil surge

Extending their losing streak for the third consecutive session, Indian equity indices ended lower on Wednesday, September 2, amid escalating tensions in the Middle East and a sharp rise in crude oil prices.

JioHotstar launches globally: Check out the countries where you can now avail the service

JioHotstar on Wednesday announced its international launch across the UK, Canada and Singapore marking the next chapter in its vision of Infinite Possibilities and its journey towards becoming a global entertainment platform.

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