Business News: Economy & Markets

Black Box reports 28 pc YoY growth in PAT for Q1 FY26

IANS | August 14, 2025 12:14 PM

Mumbai, Aug 14 (IANS) Black Box Limited, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter ended June 30, 2025. The Company delivered a resilient performance with year-over-year improvement in both operating profit and net profitability, despite the ongoing global tariff uncertainty that impacted project execution timelines.

Need to transform India’s research institutions into globally competitive entities: NITI Aayog

IANS | August 14, 2025 11:48 AM

New Delhi, Aug 14 (IANS) Dr VK Saraswat, Member, NITI Aayog, has underscored the urgency of transforming India’s research institutions into globally competitive entities, it was announced on Thursday.

Banks to clear cheques within few hours starting October 4: RBI

IANS | August 14, 2025 11:12 AM

Mumbai, Aug 14 (IANS) The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days.

AI-driven tool to fast track Gram Sabha meeting summaries

IANS | August 14, 2025 10:31 AM

New Delhi, Aug 14 (IANS) The government was set to launch an artificial intelligence (AI)-driven tool on Thursday that will automatically generate structured minutes of meeting (MoM) from Gram Sabha or other Panchayat meetings’ audio and video recordings.

Rural demand remains robust in India in April-June, outlook optimistic: Report

IANS | August 14, 2025 9:59 AM

New Delhi, Aug 14 (IANS) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report.

Nifty, Sensex open flat; IT, pharma stocks rally

IANS | August 14, 2025 9:45 AM

Mumbai, Aug 14 (IANS) The Indian benchmark indices opened flat on Thursday, as IT and pharma stocks showed considerable gains.

ICICI Bank reduces minimum average balance for new savings accounts after backlash

IANS | August 13, 2025 9:58 PM

New Delhi, Aug 13 (IANS) Facing widespread outrage, private lender ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in Metro and urban areas.

HG Infra’s Q1 profit falls 39 pc to Rs 99.2 crore

IANS | August 13, 2025 9:30 PM

Mumbai, Aug 13 (IANS) Infrastructure company HG Infra Engineering Limited on Wednesday reported a 38.95 per cent year-on-year (YoY) drop in its net profit for the first quarter of the financial year 2025-26 (Q1 FY26).

India’s gems & jewellery exports jump 16 pc in July ahead of US tariff deadline

IANS | August 13, 2025 7:39 PM

New Delhi, Aug 13 (IANS) The overall gross exports of gems & jewellery registered a robust increase of 15.98 per cent to $2.18 billion (Rs 18,756.28 crore) during July this year, as compared to $1.88 billion (Rs 15,700 crore) for the same month of the previous year, according to data released by the Gems and Jewellery Export Promotion Council (GJEPC) on Wednesday.

FirstCry parent Brainbees’ net loss stands at Rs 66.5 crore in Q1

IANS | August 13, 2025 6:20 PM

Mumbai, Aug 13 (IANS) Omnichannel kidswear brand FirstCry’s parent company, Brainbees Solutions, on Wednesday reported a consolidated net loss of Rs 66.5 crore for the first quarter (Q1) of FY26.

business

Black Box reports 28 pc YoY growth in PAT for Q1 FY26

Need to transform India’s research institutions into globally competitive entities: NITI Aayog

Banks to clear cheques within few hours starting October 4: RBI

AI-driven tool to fast track Gram Sabha meeting summaries

Rural demand remains robust in India in April-June, outlook optimistic: Report

Nifty, Sensex open flat; IT, pharma stocks rally

ICICI Bank reduces minimum average balance for new savings accounts after backlash

HG Infra’s Q1 profit falls 39 pc to Rs 99.2 crore

India’s gems & jewellery exports jump 16 pc in July ahead of US tariff deadline

FirstCry parent Brainbees’ net loss stands at Rs 66.5 crore in Q1

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