Business News: Economy & Markets

Argentina bats for expansion of India-Mercosur preferential trade agreement

IANS | August 24, 2026 5:25 PM

New Delhi, Aug 24 (IANS) Hailing growing ties with India, Argentina's Ambassador Mariano Caucino on Monday highlighted that the trade partnership between both countries has increased to over USD six billion now. Speaking to IANS, Caucino mentioned that the economies of India and Argentina complement each other and both countries continue to work on achieving various goals after elevating bilateral ties to a strategic partnership.

Poor storage, supply chain failures cost Pakistan $2 billion a year: Report

IANS | August 24, 2026 5:02 PM

New Delhi, Aug 24 (IANS) Pakistan is losing an estimated $2 billion annually due to high post-harvest losses, with inadequate storage facilities, weak supply chains and poor enforcement of quality standards undermining the country's agribusiness sector, a report has said.

Centre grants 4-month extension to green energy projects delayed due to West Asia crisis

IANS | August 24, 2026 4:52 PM

New Delhi, Aug 24 (IANS) The Ministry of New and Renewable Energy has issued an advisory to state governments and power sector PSUs to grant up to four months’ extension to renewable energy projects affected by disruptions due to the West Asia situation under the Force Majeure provisions.

Oswal Pumps shares tumble over 50 pc from IPO price, extend post-listing slide

IANS | August 24, 2026 4:51 PM

New Delhi, Aug 24 (IANS) Shares of Oswal Pumps Ltd continued their losing streak on Monday, ending at Rs 296.35 apiece on the BSE -- down 1 per cent -- for the day and more than 50 per cent below their initial public offering (IPO) price of Rs 614 after about one year of Dalal Street debut.

How dual-chipset technology is redefining mobile gaming and content viewing in India

IANS | August 24, 2026 4:37 PM

New Delhi, Aug 24 (IANS) Mobile gaming has evolved from a casual pastime into a demanding form of entertainment, with smartphones now expected to deliver experiences once associated with dedicated gaming phones.

Govt-backed coal mines achieve record production in FY26

IANS | August 24, 2026 4:07 PM

New Delhi, Aug 24 (IANS) Coal mines allocated and auctioned under the government's Nominated Authority (NA) framework -- Talabira II & III Open Cast Coal Mine -- in Odisha achieved record production and dispatch in FY26, producing 19.14 MT and dispatching 17.69 MT, an official statement said on Monday.

L&T bags over Rs 15,000 crore Middle East gas compression project

IANS | August 24, 2026 3:44 PM

New Delhi, Aug 24 (IANS) Larsen & Toubro (L&T) on Monday said it has secured an ultra-mega contract worth more than Rs 15,000 crore to build gas compression facilities and related infrastructure for a client in the Middle East.

UPI transaction volume surges almost 13,000-fold in a decade to over 24,162 crore: Govt

IANS | August 24, 2026 3:21 PM

New Delhi, Aug 24 (IANS) The annual transaction volume of Unified Payments Interface (UPI) has surged almost 13,000-fold from 1.78 crore transactions in FY 2016-17 to more than 24,162 crore transactions in FY 2025-26, the Ministry of Finance said on Monday.

India’s economic ascent to boost gains for New Zealand in free‑trade deal: Report

IANS | August 24, 2026 3:16 PM

New Delhi, Aug 24 (IANS) India’s economic rise makes it a strategic partner for New Zealand, and the recently signed free trade agreement (FTA) between the two nations is expected to deliver significant gains, a new report has said.

Trade in local currencies would be game-changer for BRICS, Africa: Mauritius Minister (IANS Interview)

IANS | August 24, 2026 3:16 PM

New Delhi, Aug 24 (IANS) If trade in local currencies is introduced not only between India and Mauritius but also in terms of wider BRICS cooperation and the African continent, it could be a game-changer for all these economies, Mauritius Minister of Financial Services and Economic Planning Jyoti Jeetun said.

business

Argentina bats for expansion of India-Mercosur preferential trade agreement

Poor storage, supply chain failures cost Pakistan $2 billion a year: Report

Centre grants 4-month extension to green energy projects delayed due to West Asia crisis

Oswal Pumps shares tumble over 50 pc from IPO price, extend post-listing slide

How dual-chipset technology is redefining mobile gaming and content viewing in India

Govt-backed coal mines achieve record production in FY26

L&T bags over Rs 15,000 crore Middle East gas compression project

UPI transaction volume surges almost 13,000-fold in a decade to over 24,162 crore: Govt

India’s economic ascent to boost gains for New Zealand in free‑trade deal: Report

Trade in local currencies would be game-changer for BRICS, Africa: Mauritius Minister (IANS Interview)

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