Business News: Economy & Markets

Shivraj Singh Chouhan to lead ‘Sapt Dhara of Shakti’ pledge

IANS | August 17, 2026 4:14 PM

New Delhi, Aug 17 (IANS) Union Minister for Agriculture and Rural Development Shivraj Singh Chouhan will administer a pledge to officials of both ministries at the Pusa campus in the national capital on Tuesday, following the 'Sapt Dhara of Shakti' initiative outlined by Prime Minister Narendra Modi in his Independence Day address, according to an official statement issued on Monday.

RBI seeks NBFC feedback on revolving credit rules, stresses compliance and risk controls

IANS | August 17, 2026 3:56 PM

New Delhi, Aug 17 (IANS) The Reserve Bank of India (RBI) has sought feedback from non-banking finance companies (NBFCs) on draft guidelines proposed for regulating revolving credit facilities, while emphasising the need for stronger compliance, internal audit and risk management frameworks, a report has said.

Foreign investors continue to pull back from Bangladesh market amid policy, banking concerns

IANS | August 17, 2026 3:51 PM

New Delhi, Aug 17 (IANS) Foreign investors continued their sharp withdrawal from Bangladesh’s stock market in FY26, citing policy uncertainty, weak corporate earnings, banking‑sector stress and currency risks, a new report has said.

India world’s 2nd-largest fish producer, contributes 8 pc to global output

IANS | August 17, 2026 3:41 PM

New Delhi, Aug 17 (IANS) India is the world’s second-largest fish producer, contributing 8 per cent to global output, ranks second in aquaculture production, leads in shrimp production and export, and is one of the largest producers in capture fisheries, the government said on Monday.

US keen on Greece-Cyprus-Israel undersea power link as key part of IMEC: Report

IANS | August 17, 2026 3:30 PM

New Delhi, Aug 17 (IANS) The US is pushing for the Great Sea Interconnector (GSI), a planned undersea electricity link connecting Greece, Cyprus and Israel, to be taken up as a top priority in Greece’s Eastern Mediterranean strategy, according to a report in Greek City Times.

World Bank warns Pakistan over diverting funds meant for flood-hit poor in Balochistan

IANS | August 17, 2026 3:21 PM

New Delhi, Aug 17 (IANS) Expressing serious displeasure, the World Bank has warned the Pakistan government that redirecting funds from a multi-billion-rupee resilient housing programme for the flood-affected population in Balochistan to infrastructure projects would further aggravate poverty in the state, according to a report in the Pakistani media.

India’s deeptech sector draws $11.4 billion since 2015: Report

IANS | August 17, 2026 3:08 PM

New Delhi, Aug 17 (IANS) India's deeptech sector has attracted nearly $11.4 billion in private equity and venture capital investments between 2015 and 2026 year-to-date, according to a report released on Monday.

India signs Rs 1,943 crore contract for two MQ-9B Sea Guardians drones for Navy

IANS | August 17, 2026 2:45 PM

New Delhi, Aug 17 (IANS) The Ministry of Defence on Monday announced that it has signed a contract with General Atomics Aeronautical Systems, Inc. (GA-ASI) to lease two MQ-9B Sea Guardian High-Altitude Long-Endurance (HALE) Remotely Piloted Aircraft Systems (RPAS) for the Indian Navy for 30 months.

India, Turkey should share production value chains instead of competing for entire factories: Report

IANS | August 17, 2026 2:32 PM

New Delhi, Aug 17 (IANS) India and Turkey should focus on dividing production tasks across shared value chains rather than competing to own entire factories, a new report has said, pointing to the lost opportunity when both countries pursue the same industry and compete for multinational orders.

Lalithaa Jewellery’s promoters received SEBI summons, Rs 58.66 crore involved in legal cases: DRHP

IANS | August 17, 2026 2:01 PM

New Delhi, Aug 17 (IANS) Lalithaa Jewellery Mart’s Draft Red Herring Prospectus (DRHP) showed that the company, its subsidiaries, promoters, directors and key managerial personnel are involved in certain legal and regulatory proceedings pending before various tribunals, quasi-judicial authorities and appellate forums.

Business

Shivraj Singh Chouhan to lead ‘Sapt Dhara of Shakti’ pledge

RBI seeks NBFC feedback on revolving credit rules, stresses compliance and risk controls

Foreign investors continue to pull back from Bangladesh market amid policy, banking concerns

India world’s 2nd-largest fish producer, contributes 8 pc to global output

US keen on Greece-Cyprus-Israel undersea power link as key part of IMEC: Report

World Bank warns Pakistan over diverting funds meant for flood-hit poor in Balochistan

India’s deeptech sector draws $11.4 billion since 2015: Report

India signs Rs 1,943 crore contract for two MQ-9B Sea Guardians drones for Navy

India, Turkey should share production value chains instead of competing for entire factories: Report

Lalithaa Jewellery’s promoters received SEBI summons, Rs 58.66 crore involved in legal cases: DRHP

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