Business News: Economy & Markets

Gemini Edibles & Fats IPO: Oil maker flags raw material, regional concentration, other risks in DRHP

IANS | August 22, 2026 8:33 PM

New Delhi, Aug 22 (IANS) Gemini Edibles & Fats India Ltd -- maker of the Freedom Oils brand -- has flagged significant raw material, supply chain, regional concentration and regulatory risks in its draft red herring prospectus (DRHP) filed with market regulator Securities and Exchange Board of India for its proposed initial public offering.

Aadhaar biometric update for children free till Sept 30: UIDAI

IANS | August 22, 2026 7:41 PM

New Delhi, Aug 22 (IANS) The mandatory Aadhaar biometric update for children aged 5 to 17 years will remain free of cost until September 30, the Unique Identification Authority of India (UIDAI) has said, while urging parents and guardians to complete the process within the stipulated period.

Escorts Kubota bets big on India plant to drive global tractor exports

IANS | August 22, 2026 6:54 PM

New Delhi, Aug 22 (IANS) Farm and construction equipment maker Escorts Kubota -- jointly controlled by Japan’s Kubota and India’s Escorts -- plans to significantly expand manufacturing capacity in the country as it targets higher exports to Europe, Africa and eventually North America, according to a report.

SEBI reviewing issue-proceeds disclosure framework to improve transparency, ease compliance: Chairman

IANS | August 22, 2026 5:59 PM

New Delhi, Aug 22 (IANS) The Securities and Exchange Board of India (SEBI) is reviewing the framework governing the monitoring and disclosure of the utilisation of funds raised through public issues with an aim to improve the timeliness of disclosures and simplify compliance requirements, Chairman Tuhin Kanta Pandey said on Saturday.

Mobile phone manufacturing scheme to boost backward integration: Industry

IANS | August 22, 2026 5:26 PM

New Delhi, Aug 22 (IANS) The recently approved Mobile Phone Manufacturing Scheme (MPMS) will accelerate local value addition, reduce supply‑chain dependencies and boost backward integration, industry leaders said on Saturday.

FICCI FLO's 'Vibrant Verve' brings luxury, entrepreneurship and women's empowerment to Jammu

IANS | August 22, 2026 5:26 PM

Jammu, Aug 22 (IANS) FICCI FLO hosted Vibrant Verve, a premier luxury lifestyle and entrepreneurship exhibition, in Jammu on Saturday, bringing together a curated collection of contemporary and traditional fashion, fine jewellery, art, gourmet delicacies, home decor, gifting solutions and wellness products.

Pakistan’s $10-billion support request raises questions over economic relief, strategic costs

IANS | August 22, 2026 5:20 PM

New Delhi, Aug 22 (IANS) Pakistan’s reported request for a $10-billion support facility from the US Exchange Stabilization Fund (ESF) has sparked debate over whether the move would provide durable economic relief or deepen the country’s dependence on external powers, according to a report.

India announces unanimous adoption of 'Chennai Declaration' at BRICS meet

IANS | August 22, 2026 5:10 PM

New Delhi, Aug 22 (IANS) Union Minister Dr Jitendra Singh on Saturday announced the unanimous adoption of the 'Chennai Declaration', reaffirming BRICS commitment to build an effective, resilient and future-ready framework in science, technology and innovation.

Gold posts nearly 5 pc weekly gain as US dollar weakens

IANS | August 22, 2026 4:53 PM

New Delhi, Aug 22 (IANS) Gold prices surged nearly 5 per cent on a weekly basis, gaining support from a weaker US dollar and reduced expectations of an imminent Federal Reserve rate hike.

IMF stalls loan to Bangladesh over financial, climate reform conditions: Report

IANS | August 22, 2026 4:40 PM

New Delhi, Aug 22 (IANS) The remaining International Monetary Fund (IMF) funds for Bangladesh remain stalled as the lender presses Dhaka to complete a series of pending reforms in financial‑sector and climate‑resilience, a new report has said.

business

Gemini Edibles & Fats IPO: Oil maker flags raw material, regional concentration, other risks in DRHP

Aadhaar biometric update for children free till Sept 30: UIDAI

Escorts Kubota bets big on India plant to drive global tractor exports

SEBI reviewing issue-proceeds disclosure framework to improve transparency, ease compliance: Chairman

Mobile phone manufacturing scheme to boost backward integration: Industry

FICCI FLO's 'Vibrant Verve' brings luxury, entrepreneurship and women's empowerment to Jammu

Pakistan’s $10-billion support request raises questions over economic relief, strategic costs

India announces unanimous adoption of 'Chennai Declaration' at BRICS meet

Gold posts nearly 5 pc weekly gain as US dollar weakens

IMF stalls loan to Bangladesh over financial, climate reform conditions: Report

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