Business
Larsen & Toubro has secured an ultra-mega offshore hydrocarbon order from ADNOC Offshore, strengthening the Indian engineering major’s presence in the Middle East energy sector. Based on L&T’s project classification, the contract is valued at more than ₹15,000 crore. L&T Wins ADNOC Offshore Order The contract has been awarded to L&T Energy Hydrocarbon
Business Finance
The Reserve Bank of India is widely expected to keep the repo rate unchanged at 5.25% in its August monetary policy review as policymakers assess rising inflation risks, global uncertainty and recent pressure on the rupee. RBI Repo Rate Likely Unchanged The Monetary Policy Committee is expected to continue its neutral policy stance after keeping […]
Business
Apple briefly removed Telegram from its App Store after identifying child sexual abuse material that breached the platform’s safety guidelines. The messaging application was restored after Telegram removed the prohibited content and blocked the account responsible. Telegram Removed From Apple App Store Apple temporarily withdrew Telegram after an internal review found
Business
The Union government will sell up to a 6.5% stake in Life Insurance Corporation of India through an offer for sale, potentially raising about ₹31,410 crore. LIC Stake Sale Opens to Investors The offer includes a base sale of 2% of LIC’s equity, with the government retaining an option to sell an additional 4.5% if […]
Business
Representatives of Google, Meta, X and Snapchat appeared before a parliamentary committee examining the regulation of social media platforms, online safety, data privacy and public order in India. Social Media Platforms Face Parliament Panel The Parliamentary Standing Committee on Communications and Information Technology questioned the technology companies about their
Business
Amazon has received about $600 million in US tariff refunds and plans to pass the benefit to shoppers through targeted repayments and continued investment in lower retail prices. Amazon Tariff Refund Reaches $600 Million The payment follows a US Supreme Court decision invalidating several tariffs imposed by President Donald Trump under emergency economic powers
Business
Maruti Suzuki India recorded its highest-ever monthly domestic sales in July 2026, crossing the two-lakh-unit mark for the first time as demand strengthened across its passenger vehicle portfolio. Maruti Suzuki July Sales Record The country’s largest carmaker reported domestic sales of 200,123 vehicles during July, representing growth of 42.4% from 140,570 units in the
Business
IndiGo will discontinue operations using leased wide-body aircraft from October 25, ending its interim Boeing 787 programme as geopolitical disruptions and rising costs undermine its long-haul network. IndiGo Ends Boeing 787 Operations India’s largest airline will stop operating Boeing 787-9 Dreamliners from October 25 and conclude its damp-lease arrangement with Norse