Business News: Economy & Markets

Vikram-1 success showcases India's innovation strength: TDB-DST

IANS | July 19, 2026 11:25 AM

New Delhi, July 19 (IANS) The Technology Development Board (TDB) under the Department of Science and Technology (DST) on Sunday congratulated Skyroot Aerospace on the successful Vikram-1 mission, describing it as a watershed moment for India's private space sector that reinforces the country's emergence as a global hub for indigenous space technologies and deep-tech innovation.

Govt extends ALMM relief for select solar projects till December

IANS | July 18, 2026 9:01 PM

New Delhi, July 18 (IANS) The government has extended the exemption from mandatory sourcing of Approved List of Models and Manufacturers (ALMM) List-II solar PV cells for net metering and open access renewable energy projects till December 31, while making it clear that there will be no blanket extension of the policy for all solar projects, an official statement said on Saturday.

Space startup success creating jobs, boosting space economy: ISRO Chairman

IANS | July 18, 2026 8:38 PM

New Delhi, July 18 (IANS) The successful flight test of Vikram-1 marks a ‘historic milestone’ for India's space ecosystem, ISRO Chairman Dr V. Narayanan said on Saturday, highlighting the rapid growth of the country's private space sector and the increasing role of startups in driving the space economy.

India's private orbital launch proves success of space reforms, emergence as global player: Minister

IANS | July 18, 2026 8:12 PM

New Delhi, July 18 (IANS) India’s first privately developed orbital launch vehicle, Vikram‑1, successfully reaching its designated low Earth orbit proves the country's emergence as a serious global player, Union MoS, Science & Technology, Earth Sciences Dr. Jitendra Singh said on Saturday.

JK Cement Q1 profit drops over 14 pc to Rs 278 crore as margins contract

IANS | July 18, 2026 8:01 PM

New Delhi, July 18 (IANS) JK Cement Ltd on Saturday reported a 14.5 per cent year-on-year decline in consolidated net profit to Rs 278 crore for the first quarter of FY27 despite revenue from operations posting strong double-digit growth.

Govt commissions Indian Standard Time dissemination network

IANS | July 18, 2026 7:29 PM

New Delhi, July 18 (IANS) Union Minister for Consumer Affairs, Food & Public Distribution and New & Renewable Energy Pralhad Joshi commissioned a White Rabbit Technology‑based Indian Standard Time dissemination demonstration network at the Regional Reference Standard Laboratory in Bengaluru, an official statement said on Saturday.

CBI conducts searches at 15 locations in Mumbai, Delhi in Reliance ADA Group cases

IANS | July 18, 2026 7:17 PM

New Delhi, July 18 (IANS) The Central Bureau of Investigation (CBI) on Saturday said it conducted searches at 15 premises in Mumbai and here in connection with cases registered against Reliance Commercial Finance Ltd. (RCFL) and Reliance Home Finance Ltd. (RHFL), both Reliance ADA Group companies led by Anil D. Ambani.

E20 fuel blending among India's most consequential policy successes: Amit Malviya

IANS | July 18, 2026 6:52 PM

New Delhi, July 18 (IANS) BJP IT cell chief Amit Malviya on Saturday described the government's Ethanol Blending Programme (E20) as one of India's biggest public policy successes, saying it has boosted farmer incomes, strengthened energy security and reduced dependence on imported crude oil.

Minister Ashwini Vaishnaw flags off first direct Ramnagar-Dehradun Express train

IANS | July 18, 2026 6:11 PM

New Delhi, July 18 (IANS) Union Minister for Railways Ashwini Vaishnaw on Saturday virtually flagged off the inaugural service of the Ramnagar-Dehradun Express, marking the commencement of the first-ever direct 'Express' train connecting these areas.

Aadhaar App hits 4 crore downloads amid rising use of digital services

IANS | July 18, 2026 5:48 PM

New Delhi, July 18 (IANS) The government-backed Aadhaar App has crossed 4 crore (40 million) downloads, reflecting growing adoption of digital identity services as millions of residents use the platform to update Aadhaar details, manage security settings and access other services, the Ministry of Electronics and Information Technology said on Saturday.

business

Vikram-1 success showcases India's innovation strength: TDB-DST

Govt extends ALMM relief for select solar projects till December

Space startup success creating jobs, boosting space economy: ISRO Chairman

India's private orbital launch proves success of space reforms, emergence as global player: Minister

JK Cement Q1 profit drops over 14 pc to Rs 278 crore as margins contract

Govt commissions Indian Standard Time dissemination network

CBI conducts searches at 15 locations in Mumbai, Delhi in Reliance ADA Group cases

E20 fuel blending among India's most consequential policy successes: Amit Malviya

Minister Ashwini Vaishnaw flags off first direct Ramnagar-Dehradun Express train

Aadhaar App hits 4 crore downloads amid rising use of digital services

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