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INDIA MARKET | Sat, 8 Aug 2026, 10:09PM IST UCBs should stop seeing the RBI as an adversary, Amit Shah said Saturday

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19m

INDIA BUSINESS | Sat, 8 Aug 2026, 9:50PM IST IIM Ahmedabad and Cyril Shroff have partnered to establish the Cyril ShroffIIMA GC Leadership Academy. The initiative will offer research and executive education to prepare General Counsels for wider leadership roles spanning strategy, governance, technology, finance and risk.

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39m

INDIA MARKET | Sat, 8 Aug 2026, 9:49PM IST Delhivery has promoted Vani Venkatesh to Deputy CEO of the company.

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40m

INDIA NEWS | Sat, 8 Aug 2026, 9:49PM IST Washington: US Vice President JD Vance on Saturday (local time) said that Washington is working to establish a route allowing commercial ships to safely pass through the Strait of Hormuz, while continuing to pressure Iran amid ongoing tensions in the region.Speaking to Fox News host Kayleigh McEnany on 'Saturday in America', Vance said the plan includes an Iranian commitment not to fire on commercial vessels and Tehran's assurance that it would allow the maximum flow of oil through the strategic waterway. However, he said the US remains sceptical of the assurances."We're talking to the Iranians, of course. We're trying to maximise the amount of oil and gas that is coming out of the Strait of Hormuz," Vance said."We're just trying to make sure that we get what we need out of this particular conflict," he added.Vance said the US would continue to apply pressure on Iran, while seeking broader changes in Tehran's relationship with Washington. "We've destroyed their nuclear program, we've destroyed their conventional military, we've radically reduced their asymmetric military abilities," Vance said.He added that the US is now assessing whether Iran is willing to make "the kind of long-term changes that would be necessary to have a better relationship with the United States"."And if not, that's fine too," Vance said. "We're just going to keep on applying the pressure that we can apply and getting as much oil and gas out of the Middle East so that Americans can enjoy lower gas and energy prices," he added.Meanwhile, Iranian Foreign Minister Araghchi on Saturday said that an understanding with Oman on regulating traffic through the Strait of Hormuz does not amount to reopening the strategic waterway, as Tehran and Muscat continue negotiations on a temporary shipping route, as reported by news agencies IRIB and Al Jazeera.According to the IRIB news agency, Araghchi said that the talks were ongoing and that a provisional route was being worked out due to the technical complexities involved. He said that the sides were "very close to the final result" but stressed that reopening the strait remained subject to additional conditions."This action does not indicate the reopening of the Strait of Hormuz," Araghchi said, adding that the reopening would depend on "other conditions and compensation for the violation of the memorandum of understanding by the United States," according to IRIB.According to Al Jazeera, Araghchi said that Tehran had been implementing Clause 5 of the 14-point Memorandum of Understanding (MoU) previously reached in Islamabad, under which traffic was expected to return to normal within a month.He said traffic had reached "60 per cent of normal conditions within two weeks" before the United States allegedly sought to establish new routes through the Strait of Hormuz, despite warnings from Tehran.Araghchi said that the current negotiations were focused on establishing a temporary shipping route that could eventually serve as the basis for a permanent arrangement."Before reaching a new route, a temporary route will be considered as the basis for the main route," he said, adding that discussions had taken place between the military and naval forces of the countries involved.The statement came as a US official stated on Friday (local time) that progress has been made in talks between Iran and Oman, which could lead to the reopening of the strategic Strait of Hormuz and restore oil exports disrupted by the five-month-old conflict.Reuters, citing the US official speaking on the condition of anonymity, noted that Washington expects an agreement shortly between Iran and Oman, the two nations bordering the waterway, allowing standard commercial oil shipments to resume. Securing a deal over control of the strategic passage is considered a key stepping stone toward a broader peace agreement."There is progress between Oman and Iran on the strait, and we expect a deal soon. Once the deal is announced to restore commercial shipping without impediments, the United States will lift the blockade of Iranian ports," Reuters reported the official as saying.The official emphasised that future steps would depend on Iran fulfilling its obligations, stating, "As always, US actions will continue to be performance-based and tied to Iran's implementation of its commitments."On the other hand, US President Donald Trump on Thursday (local time) expressed confidence that the conflict involving Iran would end "pretty soon," saying that he believes the Islamic Republic "can't go much longer". He also voiced optimism over ongoing negotiations related to the Strait of Hormuz, while reaffirming the commitment to prevent Iran from posessing a nuclear weapon.

Continue reading at Economic Times

40m

INDIA MARKET | Sat, 8 Aug 2026, 9:28PM IST Think tank GTRI has warned that a Russia sanctions bill passed by the US Senate could subject Indian exports to tariffs of up to 100% if New Delhi keeps buying Russian crude.

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1h

INDIA BUSINESS | Sat, 8 Aug 2026, 9:24PM IST The Ministry of Finance said UPI users will continue to pay no transaction charges, while a possible MDR could apply only to select merchant transactions above a threshold.

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1h

INDIA MARKET | Sat, 8 Aug 2026, 9:24PM IST The development comes after the NEET-UG 2026 paper leak triggered widespread protests across the country, prompting the CBI to step in and investigate the matter.

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1h

INDIA MARKET | Sat, 8 Aug 2026, 9:14PM IST Initial public offering or IPO

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1h

INDIA BUSINESS | Sat, 8 Aug 2026, 9:12PM IST PVR INOX plans to add one thousand screens over five years. The company is focusing on smaller cities and affordable multiplex formats. This expansion utilizes asset-light models with developer funding for projects. Single-screen cinemas are declining, creating opportunities for multiplex growth. PVR INOX aims to reach underserved markets with wider audience choices.

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1h

INDIA MARKET | Sat, 8 Aug 2026, 9:07PM IST Comedian Samay Raina has donated Rs 10 lakh to the Assam Chief Minister's Relief Fund to support flood relief and rehabilitation efforts.

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1h

INDIA MARKET | Sat, 8 Aug 2026, 9:04PM IST Vande Bharatam received applications from every state and union territory across the country.

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1h

INDIA BUSINESS | Sat, 8 Aug 2026, 9:02PM IST India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offer new mobility for major congested cities. Sarla Aviation is developing a six-passenger eVTOL aircraft with seven electric motors. Affordability and safety are key for commercial viability, with localization reducing costs. These aircraft could significantly cut travel times and find uses in medical evacuations.

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1h

INDIA MARKET | Sat, 8 Aug 2026, 8:47PM IST Representational

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1h

INDIA BUSINESS | Sat, 8 Aug 2026, 8:24PM IST Pai, a founding member of Delhivery, has served as CFO and later as COO. His responsibilities have been transitioned to the company's new executive operations leadership

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2h

INDIA MARKET | Sat, 8 Aug 2026, 8:11PM IST Bruno Guimaraes will keep wearing his special number 39 shirt at Arsenal, a number that has a deep meaning for him.

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2h

INDIA MARKET | Sat, 8 Aug 2026, 8:01PM IST The government reiterated that UPI will remain free for citizens, with no charges on everyday transactions for consumers

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2h

INDIA MARKET | Sat, 8 Aug 2026, 7:59PM IST Directed by Geetu Mohandas, Toxic: A Fairytale for Grown-Ups has been simultaneously shot in Kannada and English.

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2h

INDIA MARKET | Sat, 8 Aug 2026, 7:49PM IST Government said vast majority transactions will remain free of charge for merchants on UPI.

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2h

INDIA BUSINESS | Sat, 8 Aug 2026, 7:45PM IST FSSAI suspended licenses for VKC Nuts and Chheda Specialities Foods due to serious food safety issues. Live insects and mould were found at VKC Nuts, alongside rodent damage and poor machinery conditions. Chheda Specialities Foods had food handlers working with bare hands and extensive fungal growth near storage tanks. Previous samples from Chheda Specialities Foods were declared unsafe or misbranded by the authority.

Continue reading at Economic Times

2h

INDIA MARKET | Sat, 8 Aug 2026, 7:44PM IST The Federation of Indian Pilots has urged Prime Minister Narendra Modi to establish an autonomous Civil Aviation Authority, arguing that DGCA needs greater financial, administrative and technical independence.

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2h

INDIA MARKET | Sat, 8 Aug 2026, 7:38PM IST PNC Infratech Reports 23% Drop in Q1 Profit, EBITDA Up 42%

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2h

INDIA MARKET | Sat, 8 Aug 2026, 7:25PM IST Jindal Stainless has fixed August 21, 2026, as the record date for its proposed Rs 3 final dividend for FY26.

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3h

INDIA MARKET | Sat, 8 Aug 2026, 7:16PM IST Jorge reportedly passed away in his hometown of Rosario on Friday night. An official statement confirming the reports has not yet been released by the Messi family.

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3h

INDIA MARKET | Sat, 8 Aug 2026, 7:10PM IST Unlike salaried employees, freelancers generally do not receive Form 16 because their earnings are not treated as salary income.

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3h

INDIA MARKET | Sat, 8 Aug 2026, 6:53PM IST SBI's annual report puts the Xpress Credit book at Rs 3.76 lakh crore as of March 2026. Twenty-eight lakh customers borrowed under the product this year, taking a combined Rs 2.58 lakh crore.

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3h

INDIA MARKET | Sat, 8 Aug 2026, 6:28PM IST Sameer Nigam, CEO of PhonePe, on Saturday said in a social media post that consumers would continue to use UPI free of charge, even as questions around charges for consumers and merchants continued

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4h

INDIA MARKET | Sat, 8 Aug 2026, 6:25PM IST A key responsibility will be improving the experience of candidates at examination centres.

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4h

INDIA MARKET | Sat, 8 Aug 2026, 6:24PM IST Rice prices spike across India as weak monsoon, tight supplies push up costs

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4h

INDIA BUSINESS | Sat, 8 Aug 2026, 6:20PM IST Indian pilots propose a new Civil Aviation Authority to enhance regulatory independence. This move addresses international concerns and the aviation sector's rapid expansion. The proposed body would replace the Directorate General of Civil Aviation. It aims for greater financial and administrative autonomy in aviation oversight. This initiative seeks to strengthen India's aviation safety and global standing.

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4h

INDIA MARKET | Sat, 8 Aug 2026, 6:09PM IST The latest attack on an ADNOC vessel raises safety concerns to commercial shipping and energy flows through the Strait of Hormuz

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4h

INDIA BUSINESS | Sat, 8 Aug 2026, 5:55PM IST Revenue from operations rose 27.8 per cent to 2,930.7 crore, while total expenses increased 29.4 per cent; current-quarter figures include Ecom Express

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4h

INDIA MARKET | Sat, 8 Aug 2026, 5:52PM IST Sales rise 88.12% to Rs 251.29 crore

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4h

INDIA MARKET | Sat, 8 Aug 2026, 5:52PM IST Sales rise 27.76% to Rs 2930.73 crore

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