Business News: Economy & Markets

Aadhaar checks have plugged diversion of LPG subsidy to 4.08 crore false claimers: Puri

IANS | August 5, 2025 3:40 PM

New Delhi, Aug 5 (IANS) The Aadhaar-based authentication under the PAHAL scheme for the direct benefit transfer of LPG subsidy has played a crucial role in identifying and blocking ghost accounts, multiple accounts, and inactive connections, thereby curbing the diversion of subsidised LPG for commercial use, Minister of Petroleum and Natural Gas Hardeep Singh Puri informed Parliament on Tuesday.

Ather Energy drops over 2 pc after huge post-earnings rally

IANS | August 5, 2025 3:28 PM

Mumbai, Aug 5 (IANS) Shares of electric two-wheeler maker Ather Energy fell 2.1 per cent on Tuesday, as investors bought the dip from a bigger fall. The stock was trading at Rs 240 per share at 2:40 p.m.

Laxmi India Finance make weak debut on stock market, shares list at 14 pc discount

IANS | August 5, 2025 3:16 PM

Mumbai, Aug 5 (IANS) Laxmi India Finance made a weak debut on the stock market on Tuesday, listing at a discount of 14 per cent on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Jan Dhan Yojana transformed access to financial services for the poorest: PM Modi

IANS | August 5, 2025 2:55 PM

New Delhi, Aug 5 (IANS) Pradhan Mantri Jan Dhan Yojana (PMJDY) has transformed access to financial services for the poorest by bridging the gap between banks and the unbanked, promoting dignity, self-reliance and economic inclusion, Prime Minister Narendra Modi said on Tuesday.

Rs 630 crore detected in undisclosed income via crypto transactions in 2 fiscals: Govt

IANS | August 5, 2025 2:51 PM

New Delhi, Aug 5 (IANS) The Central Board of Direct Taxes (CBDT) detected approximately Rs 630 crore in undisclosed income in virtual digital asset (VDA) transactions amounts in just two financial years, the Parliament was informed on Tuesday.

Adani Ports clocks 21 pc revenue jump at Rs 9,126 crore in Q1, logistics sees 2X surge

IANS | August 5, 2025 2:46 PM

Ahmedabad, Aug 5 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 21 per cent jump in quarterly revenue at Rs 9,126 crore, driven by a 2 times jump in logistics and a 2.9 times increase in marine.

India involved in US trade deal discussions to ensure fairness, national security: Ministers

IANS | August 5, 2025 2:39 PM

New Delhi, Aug 5 (IANS) As US President Donald Trump threatened hefty tariffs, India remains actively involved in the discussions on the Bilateral Trade Agreement (BTA), which aims at expanding trade and investment and deepening the US-India trade relationship to promote growth that ensures fairness, national security and job creation -- especially in labour-intensive sector including agricultural products, the Parliament was informed on Tuesday.

No proposal to stop supply of Rs 500 denomination banknotes from ATMs: Govt

IANS | August 5, 2025 2:29 PM

New Delhi, Aug 5 (IANS) The government on Tuesday reiterated that there is no proposal to stop the supply of Rs 500 denomination banknotes, and ATMs will continue disbursing Rs 500 alongside Rs 100 and Rs 200.

ED grills Anil Ambani in Rs 17,000-crore loan fraud

IANS | August 5, 2025 2:24 PM

New Delhi, Aug 5 (IANS) "Were the loans diverted to shell companies?", "Did funds reach political parties?", "Did you bribe any officials?" These were among the questions the Enforcement Directorate (ED) was expected to ask Reliance Group Chairman Anil Ambani as he appeared for questioning in the national capital on Tuesday in a Rs 17,000-crore bank loan fraud and money laundering case.

ITR filing AY25-26: Complete verification in 30 days to avoid invalidation

IANS | August 5, 2025 2:06 PM

New Delhi, Aug 5 (IANS) Income tax returns must be verified within 30 days of being uploaded online and the process of filing return does not stop when the return is submitted on the official e-filing website (www.incometax.gov.in), according to experts.

business

Aadhaar checks have plugged diversion of LPG subsidy to 4.08 crore false claimers: Puri

Ather Energy drops over 2 pc after huge post-earnings rally

Laxmi India Finance make weak debut on stock market, shares list at 14 pc discount

Jan Dhan Yojana transformed access to financial services for the poorest: PM Modi

Rs 630 crore detected in undisclosed income via crypto transactions in 2 fiscals: Govt

Adani Ports clocks 21 pc revenue jump at Rs 9,126 crore in Q1, logistics sees 2X surge

India involved in US trade deal discussions to ensure fairness, national security: Ministers

No proposal to stop supply of Rs 500 denomination banknotes from ATMs: Govt

ED grills Anil Ambani in Rs 17,000-crore loan fraud

ITR filing AY25-26: Complete verification in 30 days to avoid invalidation

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