Business News: Economy & Markets

China uses subversive carrots for geopolitical gains: Report

IANS | June 30, 2026 4:14 PM

New Delhi, June 30 (IANS) China has met with some successes but also many failures in its attempts at economic influence. Subversive carrot tactics have allowed China to make inroads in places where leaders can act with relative impunity, such as Cambodia, but have backfired in countries where leaders face accountability mechanisms such as the Philippines, according to Audrye Wong, author of a new book, titled 'Subversion and Seduction: China’s Economic Statecraft.'

Delhi govt’s EV push to catalyse investment, boost manufacturing, create green jobs: PHDCCI

IANS | June 30, 2026 3:52 PM

New Delhi, June 30 (IANS) Industry leaders on Tuesday said that the approval of the Delhi Electric Vehicle (EV) Policy 2026 is a forward-looking policy initiative that can accelerate the transition towards sustainable urban mobility while strengthening investment, manufacturing and innovation across India's electric mobility ecosystem.

Govt reappoints Ravi Agrawal as CBDT Chairman for six months

IANS | June 30, 2026 3:47 PM

New Delhi, June 30 (IANS) The government on Tuesday approved the reappointment of Ravi Agrawal as Chairman of the Central Board of Direct Taxes (CBDT) on a contract basis for a period of six months.

OYO DRHP shows IPO faces risks from overseas exposure, Zostel dispute

IANS | June 30, 2026 3:25 PM

Mumbai, June 30 (IANS) OYO-parent Prism Hotels and Resorts has highlighted significant business and legal risks in its updated draft red herring prospectus (DRHP), offering investors a closer look at challenges that extend beyond its improving financial performance ahead of its proposed initial public offering (IPO).

FDA suspends licences of 6 eateries in Maharashtra for unhygienic kitchens, expired food

IANS | June 30, 2026 3:08 PM

Mumbai, June 30 (IANS) The Maharashtra Food and Drug Administration (FDA) has suspended the food business licences of six restaurants and eateries, including a prominent restaurant here after inspections revealed unhygienic kitchens, expired food stock and misbranded products, according to multiple reports.

Airlines cut mishandled baggage rate by 23 pc, still lose $6.3 billion a year: Report

IANS | June 30, 2026 2:35 PM

New Delhi, June 30 (IANS) Airlines have sharply reduced mishandled baggage rates in 2025 by 23 per cent due to digital transformation efforts, but the problem still costs the industry $6.3 billion a year, a report said on Tuesday.

India's water sector offers Rs 20 lakh crore investment opportunity (Lead)

IANS | June 30, 2026 2:23 PM

New Delhi, June 30 (IANS) India could face water demand that is double its available supply by 2030, creating over Rs 20 lakh crore in investment opportunities in the next decade, a report said on Tuesday.

Centre disburses Rs 1 lakh crore to help MSMEs tackle cash crunch amid Gulf crisis: Top govt official

IANS | June 30, 2026 1:34 PM

New Delhi, June 30 (IANS) The Centre has disbursed approximately Rs 1 lakh crore under the Emergency Credit Line Guarantee Scheme 5.0 (ECLGS) to enable MSMEs and other industries to tide over the liquidity crunch during the West Asia crisis, MSME Secretary Bharat Khera said on Tuesday.

Gold, silver extend losses as Fed rate concerns weigh on sentiment

IANS | June 30, 2026 12:54 PM

New Delhi, June 30 (IANS) Gold and silver prices continued to face selling pressure on Tuesday as investors and traders remained cautious over developments in West Asia and the US interest rate outlook.

India's GDP likely to grow 7 pc, higher than earlier estimate: Report

IANS | June 30, 2026 12:28 PM

New Delhi, June 30 (IANS) India’s gross domestic product (GDP) growth in 2026 is expected to touch 7 per cent, up from an earlier estimate of 6.2 per cent in April, a report has said.

business

China uses subversive carrots for geopolitical gains: Report

Delhi govt’s EV push to catalyse investment, boost manufacturing, create green jobs: PHDCCI

Govt reappoints Ravi Agrawal as CBDT Chairman for six months

OYO DRHP shows IPO faces risks from overseas exposure, Zostel dispute

FDA suspends licences of 6 eateries in Maharashtra for unhygienic kitchens, expired food

Airlines cut mishandled baggage rate by 23 pc, still lose $6.3 billion a year: Report

India's water sector offers Rs 20 lakh crore investment opportunity (Lead)

Centre disburses Rs 1 lakh crore to help MSMEs tackle cash crunch amid Gulf crisis: Top govt official

Gold, silver extend losses as Fed rate concerns weigh on sentiment

India's GDP likely to grow 7 pc, higher than earlier estimate: Report

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