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GeM enters 11th year, connects over 1.37 lakh government buyer organisations with 25 lakh sellers

IANS | August 9, 2026 9:37 AM

New Delhi, Aug 9 (IANS) As the Government e-Marketplace (GeM) begins its 11th year, it now connects more than 1.37 lakh government buyer organisations with nearly 25 lakh sellers and service providers, facilitating cumulative procurement worth over Rs 20 lakh crore.

Foreign investors likely to continue buying in India as GDP growth, earnings improve

IANS | August 9, 2026 9:23 AM

New Delhi, Aug 9 (IANS) Given the improving prospects in GDP growth and earnings growth in India, foreign portfolio investors (FPIs) are likely to continue their buying in India, according to analysts.

FSSAI suspends licences of VKC Nuts, Chheda Specialities over food safety violations

IANS | August 8, 2026 9:36 PM

New Delhi, Aug 8 (IANS) The Food Safety and Standards Authority of India (FSSAI) on Saturday said that it suspended the licences of VKC Nuts Private Ltd in Uttar Pradesh and Chheda Specialities Foods Pvt Ltd in Maharashtra with immediate effect after inspections revealed serious food safety and hygiene violations.

Gautam Adani's 'Vande Bharatam' initiative selects 1st innovation cohort from 26,000 applications

IANS | August 8, 2026 8:53 PM

Ahmedabad, Aug 8 (IANS) Vande Bharatam -- the grassroots innovation and entrepreneurship initiative launched by Adani Group Chairman Gautam Adani -- has selected its inaugural cohort from more than 26,000 applications received from across the country, it was announced on Saturday.

Delhivery’s Q1 net profit plunges 65 pc in FY27

IANS | August 8, 2026 8:15 PM

New Delhi, Aug 8 (IANS) Logistics services provider Delhivery on Saturday posted a 64.9 per cent decline in consolidated net profit to Rs 32 crore for the first quarter of FY27.

NUCFDC's headquarters to shift to Maharashtra, says HM Amit Shah

IANS | August 8, 2026 7:53 PM

Mumbai, Aug 8 (IANS) Union Cooperation Minister Amit Shah said on Saturday that the 'Umbrella Organisation' will play a crucial role in making the urban co-operative banking sector modern, transparent, trustworthy, and technology-driven.

Govt launches 'E-Samudra' platform to digitise maritime governance, boost seafarer welfare

IANS | August 8, 2026 7:36 PM

Mumbai, Aug 8 (IANS) The government on Saturday launched E-Samudra -- a digital platform integrating maritime services for seafarers, shipping companies, ports and other stakeholders -- to step up efforts to modernise maritime governance and strengthen seafarer welfare.

No charges on UPI transactions for users, limited merchant MDR possible: Govt

IANS | August 8, 2026 7:02 PM

New Delhi, Aug 8 (IANS) The government on Saturday clarified that consumers will not be charged for making payments through the Unified Payments Interface (UPI), while any future merchant discount rate (MDR) will be limited to select transactions above a specified threshold.

Indian Railways doubles capacity on UP route, adds daily passenger service in MP

IANS | August 8, 2026 6:27 PM

New Delhi, Aug 8 (IANS) The government has approved the merger of two train services in Uttar Pradesh and introduced a new daily passenger train between Itarsi and Madan Mahal in Madhya Pradesh to strengthen regional connectivity, an official statement said on Saturday.

Aditya Birla Fashion and Retail's Q1 net loss widens 6 pc to Rs 249 crore

IANS | August 8, 2026 5:49 PM

New Delhi, Aug 8 (IANS) Aditya Birla Fashion and Retail Ltd on Saturday posted a consolidated net loss that widened 6.4 per cent year-on-year to Rs 248.73 crore in the quarter ended June 30 of FY27, from Rs 233.73 crore a year ago.

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