Business

India to Raise Windfall Tax on Petrol, Diesel and ATF Exports from Aug 3

The government will increase the windfall tax on exports of petrol, diesel and aviation turbine fuel, effective 3 August, as part of measures to curb excess profits.

04 Aug 2026

Laghu Udyog Bharati Opens Gangyal Unit

Laghu Udyog Bharati has announced the establishment of its unit in Gangyal. The move is expected to boost local industry.

04 Aug 2026

August 2026 Bank Holidays: When and Where Banks Will Be Closed

The Times of India reports that banks across India will observe holidays in August 2026, with closures on specific days throughout the month.

04 Aug 2026

Himachal Submits ₹234 Cr Park Proposals

Himachal Pradesh has submitted proposals for industrial parks worth ₹234 crore under the BHAVYA scheme. The state aims to boost industrial development through this initiative.

04 Aug 2026

Banks Closed Today

Banks are closed today, July 16, due to a festival. The Reserve Bank of India has announced a holiday for banks.

04 Aug 2026

IndiGo to Offer Compact Business Class and Packed Economy on Long‑Haul Routes

IndiGo plans to introduce a smaller business‑class cabin and increase seat density in economy for its long‑haul services, aiming to balance comfort and cost.

04 Aug 2026

Rajasthan Forms Task Forces

Rajasthan has constituted task forces to boost exports in key sectors. The state aims to increase its export potential through this initiative.

04 Aug 2026

US-India Economic Ties Reach $210 Billion

The US-India economic ties have evolved significantly, reaching a synergy of $210 billion. This growth marks a substantial shift from the hesitation during the Cold War era.

04 Aug 2026

India, Uzbekistan Aim To Double Trade

India and Uzbekistan are looking to double their bilateral trade in the next three years. The goal is to strengthen economic ties between the two nations.

04 Aug 2026

India's 7.7% Growth Hailed

India's economy has shown resilience with a 7.7% growth rate, according to CEA V Anantha Nageswaran. This indicates a strong economic performance.

04 Aug 2026

IPL’s Economic Multiplier: Boosting India’s Economy

The Indian Premier League is generating a significant multiplier effect across the national economy, driving growth in sectors from tourism to digital payments.

04 Aug 2026

Rust Costs Indian Economy $180 Billion Annually, Experts Warn

Corrosion of metal infrastructure and machinery is estimated to cost India $180 billion each year, according to a recent analysis.

04 Aug 2026