Business News: Economy & Markets

Cabinet okays key Bihar road project for Rs 3,590 crore to boost connectivity, cut congestion

IANS | August 19, 2026 4:06 PM

New Delhi, Aug 19 (IANS) In a bid to expand Bihar’s National Highway network and facilitate faster movement of goods and passengers, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the upgradation of an 82.578 km length of the Muzaffarpur-Sitamarhi-Sonbarsa Section of NH-22 to four-lane, at a total capital cost of Rs 3,590.73 crore.

Adani Electricity conducts monsoon safety awareness drive in its power distribution areas

IANS | August 19, 2026 4:03 PM

Mumbai, Aug 19 (IANS) Adani Electricity is organising a ‘Monsoon Safety Awareness Drive’ in BMC schools and slums across its power distribution areas to create awareness about electricity safety during the monsoon season.

Nifty extends losing streak to 7th day, Sensex falls for 4th session

IANS | August 19, 2026 4:01 PM

Mumbai, Aug 19 (IANS) Benchmark equity indices extended their losing streaks on Wednesday, with the Nifty declining for the seventh consecutive session and the Sensex falling for the fourth straight day amid weakness across global equity markets.

Cabinet okays 4 railway projects worth Rs 9,450 crore

IANS | August 19, 2026 3:44 PM

New Delhi, Aug 19 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved four multi-tracking railway projects with a total investment of Rs 9,450 crore, which will be completed by 2030-31.

India's 3rd-party logistics leads warehouse market with 110 mn sq. ft absorption

IANS | August 19, 2026 3:40 PM

New Delhi, Aug 19 (IANS) India’s third‑party (3PL) logistics sector became the dominant occupier in the country’s warehousing market, recording cumulative gross absorption exceeding 110 million sq. ft between 2021 and the first half of 2026, a report said on Wednesday.

India must balance tax-base protection with certainty for global investors: Top I-T official

IANS | August 19, 2026 3:22 PM

New Delhi, Aug 19 (IANS) India's international tax framework is at a critical juncture and the country needs to balance protection of its tax base with policy stability, predictability and certainty for global investors, Monica Bhatia, Principal Chief Commissioner of Income Tax (International Tax), said on Wednesday.

India's GCC industry records revenue of $98.4 billion in FY26: Report

IANS | August 19, 2026 2:48 PM

New Delhi, Aug 19 (IANS) As India hosts 2,117 global capability centres (GCCs) operating 3,728 units across the country, the industry recorded an estimated revenue of $98.4 billion in FY26, according to a report released on Wednesday.

Samsung's new foldable smartphones may get costlier in India

IANS | August 19, 2026 2:41 PM

New Delhi, Aug 19 (IANS) Samsung is likely to increase the prices of its latest foldable smartphones in India, including the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8, as rising memory chip costs put pressure on smartphone makers, leading retailers and industry analysts said.

India, Japan to hold talks on deepening defence ties, 'Make in India' initiative (Lead)

IANS | August 19, 2026 1:47 PM

New Delhi, Aug 19 (IANS) Defence Minister Rajnath Singh will hold a meeting with his Japanese counterpart Shinjiro Koizumi here on Thursday to further strengthen bilateral defence relations, enhance strategic trust and cooperation, promote stability and security in the Indo-Pacific region, and identify new areas of collaboration, according to a Defence Ministry statement issued on Wednesday.

CCI notifies new rules for commitment applications in antitrust cases

IANS | August 19, 2026 1:30 PM

New Delhi, Aug 19 (IANS) The Competition Commission of India (CCI) has notified the revised Commitment (Amendment) Regulations, 2026 which extend the filing window for antitrust commitment applications from 45 days to 60 days.

Business

Cabinet okays key Bihar road project for Rs 3,590 crore to boost connectivity, cut congestion

Adani Electricity conducts monsoon safety awareness drive in its power distribution areas

Nifty extends losing streak to 7th day, Sensex falls for 4th session

Cabinet okays 4 railway projects worth Rs 9,450 crore

India's 3rd-party logistics leads warehouse market with 110 mn sq. ft absorption

India must balance tax-base protection with certainty for global investors: Top I-T official

India's GCC industry records revenue of $98.4 billion in FY26: Report

Samsung's new foldable smartphones may get costlier in India

India, Japan to hold talks on deepening defence ties, 'Make in India' initiative (Lead)

CCI notifies new rules for commitment applications in antitrust cases

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