Business News: Economy & Markets

Covid victims deserve truth and US can compel China to reveal its true origin: Report

IANS | August 8, 2026 3:03 PM

New Delhi, Aug 8 (IANS) China’s refusal to cooperate makes it extraordinarily difficult for the US to determine conclusively whether the Covid virus was engineered in Wuhan, a new report has said, adding that determining whether American agencies funded or collaborated on research that crossed into “gain-of-function territory is largely within America’s own power”.

Crude oil volatility, rupee movement to drive commodity markets next week: Analysts

IANS | August 8, 2026 2:59 PM

New Delhi, Aug 8 (IANS) Crude oil prices are likely to remain volatile next week as markets track developments around the Strait of Hormuz, while the Indian rupee could gain further ground against the US dollar if geopolitical risks remain contained, commodity market experts said on Saturday.

New US tariff bill causes concern for India's engineering exports: Industry

IANS | August 8, 2026 2:54 PM

New Delhi, Aug 8 (IANS) The US Senate’s approval of a bill empowering President Donald Trump to impose tariffs of up to 100 per cent on top importers of Russian energy has raised concern about engineering exports from India, an industry body said on Saturday.

Gold posts 4.73 pc weekly gain as US Fed rate hike bets weaken

IANS | August 8, 2026 2:25 PM

Mumbai, Aug 8 (IANS) Gold prices surged 4.73 per cent on a weekly basis as the US Dollar weakened and weaker‑than‑expected US labour data cut the odds of further US Federal Reserve tightening.

India's med-tech ecosystem gaining strength on domestic manufacturing, lower import dependence: PM Modi

IANS | August 8, 2026 2:11 PM

New Delhi, Aug 8 (IANS) Prime Minister Narendra Modi on Saturday highlighted India's growing self-reliant medical technology ecosystem, saying domestic manufacturing, reduced import dependence and government support are helping the country emerge as a trusted global med-tech partner.

Bihar's talent, products carving out new identity in global markets: Piyush Goyal

IANS | August 8, 2026 1:48 PM

New Delhi, Aug 8 (IANS) Commerce and Industry Minister Piyush Goyal on Saturday said that Bihar's talent and products are now carving out a new identity in global markets.

Govt asks Meta to curb deepfakes and harmful AI-generated content; examines how algorithms disseminate

IANS | August 8, 2026 1:44 PM

New Delhi, Aug 8 (IANS) The government has asked Meta to take corrective action against deepfakes and other harmful AI-generated content on its platforms, according to sources.

Consumers should continue to use E20 petrol with confidence: Govt

IANS | August 8, 2026 1:36 PM

New Delhi, Aug 8 (IANS) Consumers should continue to use E20 petrol with confidence, as the fuel supplied through the OMC network conforms to the prescribed quality specifications and is backed by robust quality assurance and monitoring systems designed to safeguard consumer interests at every stage of the supply chain, the Ministry of Petroleum and Natural Gas said on Saturday.

CSIR conclave reviews first-year progress of Phase III skill initiative

IANS | August 8, 2026 1:19 PM

New Delhi, Aug 8 (IANS) The Coordinators' Conclave‑cum‑Meeting of the Monitoring Committee of the CSIR Integrated Skill Initiative reviewed the progress made during the first year of Phase III of the initiative, an official statement said on Saturday.

'AAERI Verify' on Digilocker to enable Indian students for paperless verification for Australia

IANS | August 8, 2026 12:08 PM

New Delhi, Aug 8 (IANS) A new digital platform, 'AAERI Verify', will enable Indian students to securely share their academic, identity and financial documents with Australian universities through DigiLocker, the government said on Saturday.

Business

Covid victims deserve truth and US can compel China to reveal its true origin: Report

Crude oil volatility, rupee movement to drive commodity markets next week: Analysts

New US tariff bill causes concern for India's engineering exports: Industry

Gold posts 4.73 pc weekly gain as US Fed rate hike bets weaken

India's med-tech ecosystem gaining strength on domestic manufacturing, lower import dependence: PM Modi

Bihar's talent, products carving out new identity in global markets: Piyush Goyal

Govt asks Meta to curb deepfakes and harmful AI-generated content; examines how algorithms disseminate

Consumers should continue to use E20 petrol with confidence: Govt

CSIR conclave reviews first-year progress of Phase III skill initiative

'AAERI Verify' on Digilocker to enable Indian students for paperless verification for Australia

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