Business Industry

Industrial Output Grows 7.3% in June

By BPN News Desk July 29, 2026

India’s industrial production expanded by 7.3% year-on-year in June 2026, recording its fastest growth in 22 months. The improvement was driven by stronger manufacturing activity, higher electricity generation and a recovery in mining output. Manufacturing Growth Drives Industrial Output Manufacturing production rose by 7.8% in June, accelerating from the revised 5.2%

Business Finance

HDFC Bank Fines CEO, CFO in MSRDC Case

By BPN News Desk July 27, 2026

Saved. Sources will remain fully hidden in this chat unless attribution is essential for an exclusive report. HDFC Bank has imposed a penalty of ₹1 lakh each on three senior executives, including its managing director and chief executive officer, following an internal review of deposit-related arrangements involving the Maharashtra State Road Development Corporation. HDFC

Business Finance

IDFC FIRST Bank Clears ₹20,000 Crore Raise

By BPN News Desk July 26, 2026

IDFC FIRST Bank’s board has approved an enabling proposal to raise up to ₹20,000 crore through equity and debt instruments, providing the lender with greater flexibility to support growth and maintain capital adequacy. IDFC FIRST Bank Fundraising Plan The private-sector lender plans to raise up to ₹7,500 crore through equity securities. The capital may be […]

Business

iPhone 18 Pro May Launch in September

By BPN News Desk July 21, 2026

Apple is expected to introduce the iPhone 18 Pro and iPhone 18 Pro Max in September 2026, although the company has not officially confirmed the launch date or specifications. Industry reports suggest the premium models could receive upgrades to their displays, processors, cameras and connectivity features. iPhone 18 Pro September Launch Apple is reportedly preparing […]

Business Finance

Axis Bank Appoints Former Bandhan Bank CFO Rajeev Mantri as Finance Chief

By BPN News Desk July 19, 2026

Axis Bank has appointed Rajeev Mantri, the former chief financial officer of Bandhan Bank, as its new CFO as the private-sector lender moves to fill a key vacancy in its senior management team. Mantri will assume charge on September 28, 2026, shortly after completing his tenure at Bandhan Bank. His appointment follows the resignation of […]

Business

Reliance Industries Profit Falls 22% but Beats Market Estimates in June Quarter

By BPN News Desk July 18, 2026

Reliance Industries reported a 22.4% year-on-year decline in consolidated net profit for the quarter ended June 2026, although the company’s earnings remained ahead of market expectations. Strong performances from its oil-to-chemicals, telecommunications and retail businesses supported the quarterly result. The conglomerate posted a consolidated net profit of ₹20,946

Business

Apple Overtakes Nvidia to Become World’s Most Valuable Company

By BPN News Desk July 18, 2026

Apple briefly overtook Nvidia to become the world’s most valuable listed company after a decline in the chipmaker’s shares reshuffled the rankings of the largest global technology firms. Apple’s market capitalisation climbed to around $4.88 trillion, narrowly exceeding Nvidia’s valuation during Friday’s trading. Nvidia Shares Fall After Record Valuation Nvidia’s shares

Business

Adani Denies Deal Behind US Case Dismissal

By BPN News Desk July 16, 2026

Gautam Adani has denied that any promise, agreement or benefit influenced the US Department of Justice’s decision to seek the dismissal of criminal charges against him and seven others. The industrialist made the statement in a sworn affidavit filed before a federal court in New York on July 15. Adani Denies Quid Pro Quo in […]

Business Industry

India Approves ₹1.28 Lakh Crore Chip Push

By BPN News Desk July 16, 2026

India’s Union Cabinet has approved ₹1.28 lakh crore in fresh funding to expand the country’s semiconductor programme. The investment will support chip manufacturing, domestic designs, intellectual property development and research as India seeks to strengthen its electronics supply chain. India Expands Semiconductor Manufacturing Programme The additional funding will be

Business

Sundar Pichai Admits Google Trails in AI Coding Race

By BPN News Desk July 12, 2026

Google CEO Sundar Pichai has acknowledged that the company is currently behind rivals Anthropic and OpenAI in the rapidly growing field of agentic coding. He said Google may not have given the technology sufficient priority when autonomous AI programming tools began gaining momentum. Google Trails in Agentic AI Coding Agentic coding tools can independently write, […]