Business News: Economy & Markets

Private space sector investments cross $618 million, 6-fold increase in few years: Govt

IANS | July 23, 2026 5:18 PM

New Delhi, July 23 (IANS) The government on Thursday said the domestic space sector witnessed unprecedented momentum after landmark reforms, with private investment crossing $618.5 million, 105 authorisations being issued to private entities, and a robust regulatory framework being strengthened to safeguard strategic and national security interests while promoting greater private participation.

Infosys Q1 net profit slips 8.6 pc sequentially to Rs 7,775 crore

IANS | July 23, 2026 5:01 PM

Mumbai, July 23 (IANS) Infosys Limited on Thursday reported a consolidated net profit of Rs 7,775 crore for the first quarter of FY27, down 8.6 per cent from Rs 8,509 crore in the January-March quarter.

Pakistan seeks $10 billion support from US to maintain foreign reserves

IANS | July 23, 2026 4:55 PM

New Delhi, July 23 (IANS) Pakistan’s finance minister, Muhammad Aurangzeb, has requested the US Treasury Secretary Scott Bessent for a $10 billion Exchange Stabilisation Support Facility to bolster the country’s foreign exchange reserves and ease debt pressures, a new report has said.

IndiGo logs Rs 238 crore Q1 net loss amid Middle East disruptions

IANS | July 23, 2026 4:47 PM

New Delhi, July 23 (IANS) InterGlobe Aviation -- the parent company of IndiGo -- on Thursday reported a consolidated net loss of Rs 238 crore for the first quarter of FY27, compared with the corresponding period last year.

Juniper Green Energy files DRHP addendum to SEBI, discloses Rs 104.4 million civil litigation, tax and criminal cases

IANS | July 23, 2026 4:33 PM

Mumbai, July 23 (IANS) Ahead of its proposed initial public offering (IPO), Juniper Green Energy Limited has, through an addendum to its Draft Red Herring Prospectus (DRHP) filed with SEBI on July 9, disclosed pending litigation involving the company, its subsidiaries, promoters, directors and key managerial personnel.

No decision yet to raise ethanol blending in petrol beyond 20 per cent: Govt

IANS | July 23, 2026 4:10 PM

New Delhi, July 23 (IANS) The Union government told the Parliament on Thursday that no decision has been taken so far to increase ethanol blending with petrol beyond 20 per cent.

Pakistan's cotton crisis deepens as imports from US, Brazil surge: Report

IANS | July 23, 2026 3:41 PM

New Delhi, July 23 (IANS) Pakistan has ordered around 2,06,000 bales of cotton from the United States and is stepping up purchases from Brazil as domestic output falls, a new report has said, highlighting a growing dependence on imports ahead of the local harvest.

10,389 km of National High-Speed Corridors awarded across India: Govt

IANS | July 23, 2026 3:21 PM

New Delhi, July 23 (IANS) A total of 10,389 km of National High-Speed Corridors and Greenfield Expressways have been awarded across the country, of which 4,809 km have been completed while 5,580 km are under implementation, the government has informed Parliament.

Pakistan hikes price of petrol by PKR 6.39, diesel by PKR 7.83

IANS | July 23, 2026 2:49 PM

Islamabad, July 23 (IANS) The Pakistan government has raised the price of petrol by Pakistani Rupees (PKR) 6.39 while high-speed diesel (HSD) has been hiked by PKR 7.83 litre.

India a much better destination to invest for European companies: Report

IANS | July 23, 2026 2:47 PM

New Delhi, July 23 (IANS) With investments in China no longer turning out to be profitable due to the overcapacity in the economy with excessive competition that has triggered price wars, India is a much better destination to invest for European companies, according to an article in the Euractiv.

Business

Private space sector investments cross $618 million, 6-fold increase in few years: Govt

Infosys Q1 net profit slips 8.6 pc sequentially to Rs 7,775 crore

Pakistan seeks $10 billion support from US to maintain foreign reserves

IndiGo logs Rs 238 crore Q1 net loss amid Middle East disruptions

Juniper Green Energy files DRHP addendum to SEBI, discloses Rs 104.4 million civil litigation, tax and criminal cases

No decision yet to raise ethanol blending in petrol beyond 20 per cent: Govt

Pakistan's cotton crisis deepens as imports from US, Brazil surge: Report

10,389 km of National High-Speed Corridors awarded across India: Govt

Pakistan hikes price of petrol by PKR 6.39, diesel by PKR 7.83

India a much better destination to invest for European companies: Report

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