Business News: Economy & Markets

E20 petrol has saved Rs 1.90 lakh crore forex, blending is global practice: Govt

IANS | July 5, 2026 5:37 PM

New Delhi, July 5 (IANS) The Ethanol Blended Petrol (EBP) Programme has emerged as a key pillar of India's energy transition and biofuel strategy, which has saved the country's foreign exchange by reducing crude oil imports, lowered greenhouse gas emissions, and strengthened farmers' incomes through new market opportunities, according to a government factsheet issued on Sunday.

Will build Shivpuri missile defence facility with Rs 2,500 crore investment: Jeet Adani

IANS | July 5, 2026 4:52 PM

Ahmedabad, July 5 (IANS) The Adani Group on Sunday announced that it will invest Rs 2,500 crore over the next three years to establish an integrated missile manufacturing ecosystem in Madhya Pradesh's Shivpuri.

DoJ says Biden-era 'Name and Shame' indictment against Gautam Adani was a case it was likely to lose

IANS | July 5, 2026 4:27 PM

New Delhi, July 5 (IANS) The U.S. Department of Justice (DoJ) has done far more than seek dismissal of its criminal case against the Chairman of the Adani Group.

Centre dismisses reports of Bhutan rejecting E20 petrol proposal, says no export offer was made

IANS | July 5, 2026 3:31 PM

New Delhi, July 5 (IANS) The Centre on Sunday rejected media reports claiming that Bhutan turned down an Indian proposal to import E20 petrol, clarifying that no such offer was made by Indian Oil Marketing Companies (OMCs) and that there is no proposal to export the fuel to the neighbouring country.

India to chair UNCTAD's Consumer Protection session in Geneva

IANS | July 5, 2026 3:30 PM

New Delhi, July 5 (IANS) India will chair the ninth session of the Intergovernmental Group of Experts (IGE) on Consumer Protection Law and Policy, organised by the United Nations Trade and Development (UNCTAD) at the Palais des Nations in Geneva on Monday, according to a statement issued by the Ministry of Consumer Affairs.

Australia's University of Melbourne signs MoU with TIDCO for tech hub in Tamil Nadu

IANS | July 5, 2026 3:15 PM

New Delhi, July 5 (IANS) The proposed Centre for Emerging Technologies will be set up at Tamil Nadu Knowledge City in Tiruvallur and will operate from a dedicated 20,000-square-foot research and teaching facility within the precinct's knowledge tower.

Centre releases Rs 25,863 crore to states under VB-G-RAM-G scheme

IANS | July 5, 2026 2:54 PM

New Delhi, July 5 (IANS) Union Agriculture and Rural Development Minister Shivraj Singh Chouhan on Sunday released the first instalment of Rs 25,863 crore to the states for the implementation of the Viksit Bharat–Guarantee for Rozgar and Aajeevika Mission (Gramin) (VB-G-RAM-G) scheme.

Six of top-10 most-valued firms add over Rs 1 lakh crore in market value last week

IANS | July 5, 2026 1:41 PM

Mumbai, July 5 (IANS) The combined market valuation of six of India's 10 most-valued companies rose by more than Rs 1 lakh crore last week, led by a sharp gain in Bharti Airtel, as benchmark equity indices extended their winning streak amid sustained investor optimism.

Govt withdraws emergency natural gas supply curbs as Strait of Hormuz LNG shipments resume

IANS | July 5, 2026 1:22 PM

New Delhi, July 5 (IANS) The Centre has withdrawn most provisions of the emergency natural gas supply regulation order introduced during the West Asia conflict, citing the resumption of liquefied natural gas (LNG) shipments through the Strait of Hormuz following a ceasefire and an improvement in the regional supply situation.

Pakistan trade deficit jumps to $39.5 billion as exports shrink

IANS | July 5, 2026 1:07 PM

New Delhi, July 5 (IANS) Pakistan’s trade deficit jumped by 22 per cent to $39.5 billion in the financial year ended June as the economy continues to depend heavily on imports while exports have contracted amid the economic slowdown, according to figures compiled Pakistan Bureau of Statistics (PBS).

Business

E20 petrol has saved Rs 1.90 lakh crore forex, blending is global practice: Govt

Will build Shivpuri missile defence facility with Rs 2,500 crore investment: Jeet Adani

DoJ says Biden-era 'Name and Shame' indictment against Gautam Adani was a case it was likely to lose

Centre dismisses reports of Bhutan rejecting E20 petrol proposal, says no export offer was made

India to chair UNCTAD's Consumer Protection session in Geneva

Australia's University of Melbourne signs MoU with TIDCO for tech hub in Tamil Nadu

Centre releases Rs 25,863 crore to states under VB-G-RAM-G scheme

Six of top-10 most-valued firms add over Rs 1 lakh crore in market value last week

Govt withdraws emergency natural gas supply curbs as Strait of Hormuz LNG shipments resume

Pakistan trade deficit jumps to $39.5 billion as exports shrink

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