Business News: Economy & Markets

NITI Aayog’s new index to help foreign firms pick right state to invest in India

IANS | August 7, 2026 5:15 PM

New Delhi, Aug 7 (IANS) NITI Aayog’s new Investment Friendliness Index provides a comparison of India’s states and Union Territories in the quality of infrastructure, business climate, regulation, institutions and skills, which is expected to help foreign companies to choose a specific location where they can invest based on the available facilities, a report said.

AI, machine learning emerge as top technologies among 74 pc of deep-tech startups: Nasscom

IANS | August 7, 2026 5:09 PM

New Delhi, Aug 7 (IANS) Artificial intelligence and machine learning were the most widely adopted technologies among applicants, used by 74 per cent of the startups, Nasscom said on Friday as it announced its list of ten of India’s most promising deep tech startups.

63 pc Pakistanis unable to afford a healthy diet: Report

IANS | August 7, 2026 5:03 PM

New Delhi, Aug 7 (IANS) Around 63 per cent of Pakistanis -- about 161 million people -- were unable to afford the cheapest combination of grains, pulses, milk, eggs, fruits, vegetables and other nutritious food items after accounting for essential non-food expenses such as housing, transport and utilities, according to a report.

AI, quantum tech to drive next phase of India's fintech growth: Minister

IANS | August 7, 2026 4:44 PM

New Delhi, Aug 7 (IANS) India has substantially advanced financial inclusion through initiatives such as the Jan Dhan Yojana and must now move decisively towards financial empowerment, Union Minister of State for Science & Technology, Earth Sciences Dr. Jitendra Singh said on Friday, asserting that artificial intelligence (AI), quantum technologies, cybersecurity and blockchain will drive the next phase of the country's financial technology growth.

Adequate fertilisers supplied to farmers in ongoing kharif season: Govt

IANS | August 7, 2026 4:21 PM

New Delhi, Aug 7 (IANS) The government has taken various measures to ensure that adequate availability of fertilisers are available to farmers and there has been no shortage of urea and DAP during the last three years and the ongoing Kharif 2026 season, the Parliament was informed on Friday.

Railways imposes Rs 5.13 crore penalty on caterers, terminates 6 contracts for food violations: Govt

IANS | August 7, 2026 4:18 PM

New Delhi, Aug 7 (IANS) Indian Railways has imposed penalties totalling Rs 5.13 crore on caterers and terminated six contracts over food quality and hygiene violations during the last three years, the government informed the Parliament on Friday.

Robust conflict-of-interest safeguards under RDI Fund, no IC member conflicted: Govt

IANS | August 7, 2026 4:08 PM

New Delhi, Aug 7 (IANS) The Research, Development and Innovation (RDI) Fund is being implemented through a robust institutional framework founded on transparency, merit-based evaluation and stringent conflict-of-interest safeguards, the government said on Friday.

UPI charges will not be imposed on common citizens, only commercial transactions: BJP

IANS | August 7, 2026 4:00 PM

New Delhi, Aug 7 (IANS) The BJP on Friday clarified that the proposed charges on Unified Payments Interface (UPI) transactions would not be imposed on ordinary users and would apply only to commercial transactions.

CEA Nageswaran urges proactive AI safeguards in financial sector amid rising adoption

IANS | August 7, 2026 3:48 PM

New Delhi, Aug 7 (IANS) India needs to adopt a proactive approach to the safety and security of artificial intelligence (AI) in the financial sector as the technology gains wider acceptance, Chief Economic Adviser (CEA) V. Anantha Nageswaran said on Friday.

62 India-bound ships sailed safely out of Hormuz amid West Asia crisis: Minister

IANS | August 7, 2026 3:28 PM

New Delhi, Aug 7 (IANS) Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, informed Parliament on Friday that as many as 4,052 seafarers have been repatriated from the Gulf region and 62 India-bound vessels have successfully transited Strait of Hormuz (as on August 3), out of which 23 were Indian flagged and 39 under foreign flags.

business

NITI Aayog’s new index to help foreign firms pick right state to invest in India

AI, machine learning emerge as top technologies among 74 pc of deep-tech startups: Nasscom

63 pc Pakistanis unable to afford a healthy diet: Report

AI, quantum tech to drive next phase of India's fintech growth: Minister

Adequate fertilisers supplied to farmers in ongoing kharif season: Govt

Railways imposes Rs 5.13 crore penalty on caterers, terminates 6 contracts for food violations: Govt

Robust conflict-of-interest safeguards under RDI Fund, no IC member conflicted: Govt

UPI charges will not be imposed on common citizens, only commercial transactions: BJP

CEA Nageswaran urges proactive AI safeguards in financial sector amid rising adoption

62 India-bound ships sailed safely out of Hormuz amid West Asia crisis: Minister

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