Business News: Economy & Markets

AI will transform finance ops and India can build the brain: Accel’s Prasad and Malhotra

IANS | July 22, 2025 3:43 PM

Bengaluru, July 22 (IANS) Artificial intelligence (AI) is coming for finance operations — and India is uniquely positioned to build the category-defining companies that power this transformation. That’s the central thesis of a compelling new essay from Accel investors Anagh Prasad and Eknoor Malhotra, published on 'SeedToScale', Accel’s open-source content and community hub for founders.

Colgate Palmolive India’s net profit falls 11.8 pc, net sales decline

IANS | July 22, 2025 3:33 PM

Mumbai, July 22 (IANS) Colgate Palmolive India on Tuesday reported an 11.8 per cent year-on-year (YoY) decline in its net profit to Rs 321 crore for the April-June quarter of 2025-26 (Q1 FY26), compared to Rs 364 crore during the same period previous fiscal (Q1 FY25).

VC investment in India rises to $3.5 billion across 355 deals in April-June

IANS | July 22, 2025 2:38 PM

New Delhi, July 22 (IANS) Venture Capital (VC) investment in India rose to $3.5 billion across 355 deals in the second quarter of 2025 (Q2 2025) from $2.8 billion across 456 deals in the preceding quarter, a report said on Tuesday.

Blue Jet Healthcare’s net profit falls 17 pc, shares hit 10 pc lower circuit

IANS | July 22, 2025 2:30 PM

Mumbai, July 22 (IANS) Blue Jet Healthcare Limited on Tuesday reported a 17.18 per cent drop on sequential basis in its net profit for the April–June quarter (Q1) of FY26, with earnings falling to Rs 91.1 crore from Rs 110 crore in the previous quarter.

Mobile production surges by 146 pc to Rs 5.25 lakh crore in 4 fiscals, exports up 775 pc: Piyush Goyal

IANS | July 22, 2025 2:26 PM

New Delhi, July 22 (IANS) The production of mobiles in India in value terms has increased by around 146 per cent from Rs 2,13,773 crore in FY 2020-21 to Rs 5,25,000 crore in FY 2024-25, the Parliament was informed on Tuesday.

Govt to ensure country’s interests are protected as India, US negotiate trade deal

IANS | July 22, 2025 2:15 PM

New Delhi, July 22 (IANS) India and US are currently negotiating a bilateral trade agreement (BTA) which has not been signed as yet, as the government takes care of all the sensitivities associated with the free trade agreement (FTA) and ensures that India’s interests are protected, the Parliament was informed on Tuesday.

PLI schemes see actual investment of Rs 1.76 lakh crore, create over 12 lakhs jobs: Minister

IANS | July 22, 2025 1:56 PM

New Delhi, July 22 (IANS) The production-linked incentive (PLI) schemes have realised actual investment of Rs. 1.76 lakh crore till March 2025 across 14 sectors, which has resulted in incremental production/sales of over Rs. 16.5 lakh crore and employment generation of over 12 lakhs (direct and indirect), the Parliament was informed on Tuesday.

Completed fuel switch inspections on all Boeing aircraft, no issues found: Air India

IANS | July 22, 2025 1:46 PM

New Delhi, July 22 (IANS) Air India on Tuesday said it has completed precautionary inspections on the fuel control switch (FCS) locking mechanisms of all Boeing 787 and Boeing 737 aircraft in its fleet.

India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook

IANS | July 22, 2025 1:28 PM

New Delhi, July 22 (IANS) India is expected to expand close to its trend growth in FY26, supported by better consumption demand on recent monetary easing, income tax reductions, good monsoon rains, and the prospect of continued lower oil prices, according to a report on Tuesday.

IBC helps resolve over Rs 26 lakh crore debt in India in 9 years: Report

IANS | July 22, 2025 1:17 PM

Mumbai, July 22 (IANS) Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more than Rs 26 lakh crore, either directly or indirectly, a new report said on Tuesday.

Business

AI will transform finance ops and India can build the brain: Accel’s Prasad and Malhotra

Colgate Palmolive India’s net profit falls 11.8 pc, net sales decline

VC investment in India rises to $3.5 billion across 355 deals in April-June

Blue Jet Healthcare’s net profit falls 17 pc, shares hit 10 pc lower circuit

Mobile production surges by 146 pc to Rs 5.25 lakh crore in 4 fiscals, exports up 775 pc: Piyush Goyal

Govt to ensure country’s interests are protected as India, US negotiate trade deal

PLI schemes see actual investment of Rs 1.76 lakh crore, create over 12 lakhs jobs: Minister

Completed fuel switch inspections on all Boeing aircraft, no issues found: Air India

India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook

IBC helps resolve over Rs 26 lakh crore debt in India in 9 years: Report

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