WhatsApp Down? Scores Of Users Unable To Share Videos, Images Via App
INDIA MARKET | Tue, 4 Aug 2026, 3:42AM IST
WhatsApp users are unable to upload visual files as status.
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1h
Education Dept. to Wipe Out Student Loans of 170,000 More Defrauded Borrowers
GLOBAL NEWS | Tue, 4 Aug 2026, 2:54AM IST
The sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.
Continue reading at The New York Times
2h
Republicans Let Trump Keep Unparalleled Benefit: I.R.S. Immunity
GLOBAL NEWS | Tue, 4 Aug 2026, 2:45AM IST
The rebellion against Todd Blanches nomination to be attorney general, now seemingly contained, at no point fundamentally questioned President Trumps new protections from the I.R.S.
Continue reading at The New York Times
2h
Payment Bill rekindles MDR hopes for large-value UPI
INDIA BUSINESS | Tue, 4 Aug 2026, 1:41AM IST
Proposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintech firms recover technology and infrastructure investments. The government is considering reintroducing MDR for UPI transactions with large merchants. These fees might apply to transactions exceeding two thousand rupees. This change aims to create revenue for payment companies while minimizing disruption.
Continue reading at Economic Times
3h
Centre mulling patient safety framework for dental implants
INDIA BUSINESS | Tue, 4 Aug 2026, 1:33AM IST
India's government is considering a national regulatory framework for dental implants. This action follows concerns raised about unregulated use and safety standards. The proposed framework will cover manufacturing, sale, and clinical application of these devices. It aims to ensure quality and patient safety across the country. Other nations have established similar rigorous testing and traceability requirements.
Continue reading at Economic Times
4h
US stocks: Dow closes at record high on Iran talks optimism
INDIA MARKET | Tue, 4 Aug 2026, 1:32AM IST
US stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supported the market's upward movement. Communication services sector led gains, while energy experienced a decline. Amazon's market value surpassed three trillion dollars for the first time. Investors are now focused on upcoming economic data and corporate earnings reports.
Continue reading at Economic Times
4h
IndiGo bets on small biz class, dense economy seating for long-haul flights
INDIA BUSINESS | Tue, 4 Aug 2026, 1:21AM IST
IndiGo plans a high-density economy layout for its long-haul European flights. This strategy aims to sell more seats and protect its cost structure. The airline will offer hot food and in-flight entertainment on these journeys. Deliveries of new widebody jets are expected to begin from 2028. IndiGo will also utilize multiple hubs for its expanded long-haul operations.
Continue reading at Economic Times
4h
SBI, HSBC lead FCNR(B) deposit mobilisation
INDIA BUSINESS | Tue, 4 Aug 2026, 1:18AM IST
Foreign currency deposits have significantly increased following a Reserve Bank of India swap facility. State Bank of India and HSBC are leading banks in this deposit mobilization effort. This scheme aims to attract stable foreign currency inflows into India. The Reserve Bank of India's dollar swap facility received substantial funds till July 31. Overall inflows are projected to reach eighty to eighty-five billion dollars.
Continue reading at Economic Times
4h
Auto PLI disbursals to reach Rs 4,000 crore in FY27
INDIA BUSINESS | Tue, 4 Aug 2026, 1:17AM IST
The government is set to release 4,000 crore this fiscal year under the Auto-PLI scheme, designed to stimulate production and investment among qualified companies. Notably, Bajaj Auto has already benefited, receiving 750 crore for meeting its incremental sales targets for fiscal year 2026. Substantial funds have been allocated to support this initiative, underscoring its significance.
Continue reading at Economic Times
4h
Govt approves Rs 4,687 crore interest subsidy for ethanol projects
INDIA BUSINESS | Tue, 4 Aug 2026, 1:12AM IST
The government has approved 4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for new distilleries and capacity expansions. Since 2022-23, 2,075 crore has been released to Nabard for fund disbursement. ONGC will develop half of a 1.75-mt strategic petroleum reserve. This reserve will be located at Mangaluru and earmarked for strategic use.
Continue reading at Economic Times
4h
Govt introduces bill to modernise bank records law
INDIA BUSINESS | Tue, 4 Aug 2026, 1:09AM IST
Finance Minister Nirmala Sitharaman introduced the Bankers' Books Evidence Bill, 2026 in Lok Sabha. This proposed legislation aims to update evidence rules for modern digital banking practices. It will replace the outdated Bankers' Books Evidence Act from 1891. The bill expands the definition of bankers' books to include all record formats. This future-ready framework will recognize electronic records and empower the central government.
Continue reading at Economic Times
4h
Halt sale of items with misleading '100%' claims, FSSAI tells Dabur
INDIA BUSINESS | Tue, 4 Aug 2026, 1:07AM IST
India's food regulator has ordered Dabur to stop selling several products. These items allegedly feature misleading "100%" claims, violating advertising rules. The authority cited ambiguous and unverifiable statements on various food items. Dabur also faces allegations of misusing organic logos without proper endorsement. An action report is due within fifteen days from the company.
Continue reading at Economic Times
4h
Private equity firm Creador in talks to buy into generic drug co Leeford Health
INDIA BUSINESS | Tue, 4 Aug 2026, 1:04AM IST
Private equity firm Creador is in advanced talks to acquire a stake. The firm expects to invest 800 crore in Leeford Healthcare. This acquisition would value the generic drugmaker at 8,000-8,500 crore. Leeford Healthcare is a diversified pharmaceutical and wellness company. This deal marks the company's first ownership dilution to an external investor.
Continue reading at Economic Times
4h
Turboprop maker ATR predicts demand for 10 aircraft per year in 2 decades
INDIA BUSINESS | Tue, 4 Aug 2026, 1:01AM IST
ATR forecasts demand for ten aircraft annually in India over twenty years. Production capacity hinges on overcoming global supply chain constraints. The Indian market could absorb more planes if ATR increases output. Asia-Pacific represents ATR's largest market, with India's fleet poised for growth. Expanded regional air connectivity and new airports will drive this demand.
Continue reading at Economic Times
4h
If a beauty product works in India, it can succeed anywhere: LOral India MD Jacques Lebel
INDIA BUSINESS | Tue, 4 Aug 2026, 12:57AM IST
L'Oreal sees India as a vital laboratory for developing demanding beauty product formulas. The company aims to revitalize its operations in India's competitive beauty market. L'Oreal India's business expanded significantly under its new managing director. The beauty giant is investing in local startups and expanding its premium brands. India's growing market and digital adoption present significant opportunities for L'Oreal.
Continue reading at Economic Times
4h
Credit to tech infrastructure sector doubles in two years
INDIA BUSINESS | Tue, 4 Aug 2026, 12:53AM IST
Bank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub for data centers. Loans to IT services and digital infrastructure rose significantly year on year. This expansion is driven by data centers, GCCs, and IT enabled services. These segments are now showing robust growth in bank credit.
Continue reading at Economic Times
4h
Pepsi seeks to take 'Sting' out of FSSAI order, drops energy label
INDIA BUSINESS | Tue, 4 Aug 2026, 12:51AM IST
PepsiCo India has removed the word 'energy' from new Sting cans and bottles. This action complies with the food safety regulator's upcoming deadline for the category. Other energy drink companies are seeking an extension from the government. Distributors are already declining existing energy drink stock from companies. The energy drinks market in India is estimated at over thirteen thousand crore rupees.
Continue reading at Economic Times
4h
Trump says oil majors making 'too much money' from Iran war-driven crude shortage
INDIA BUSINESS | Tue, 4 Aug 2026, 12:01AM IST
US President Donald Trump on Monday accused major oil companies of profiting excessively from elevated crude prices caused by supply disruptions linked to the Iran war, saying he did not like that they were "making too much money" from the shortage.
Continue reading at Economic Times
5h
Income tax department's NUDGE drive resulted in 12.5 mn updated ITRs
INDIA NEWS | Tue, 4 Aug 2026, 12:01AM IST
The income tax department's NUDGE campaign has resulted in 1.25 crore taxpayers filing updated or revised ITRs with payment of Rs 9,494 crore in additional taxes over the past 2 years, Minister of State for Finance Pankaj Chaudhary said on Monday.
The Central Board of Direct Taxes (CBDT) has undertaken the NUDGE (Non-intrusive Usage of Data to Guide and Enable) campaign by leveraging data analytics, behavioural insights and digital communication platforms for improved tax collection efficiency in a non-intrusive manner.
Under these campaigns, communications are sent to select taxpayers after due risk analysis to review and revise/update their Income Tax Returns (ITRs) already filed. The taxpayers are selected on the basis of advanced risk analysis identifying incorrect or non-reporting of assets or income, or excess claims of deductions or exemptions in their ITRs.
During 2024-25 and 2025-26, the NUDGE campaign has resulted in 1.25 crore updated or revised ITR filings, and payment o
Continue reading at Business Standard
5h
Ramanand Sagar's Grandson Reacts To Ramayana Trailer, Shares Verdict On Ranbir Kapoor
INDIA MARKET | Mon, 3 Aug 2026, 11:58PM IST
Shiv Sagar praised the Ramayana trailer's visuals while sharing his views on Ranbir Kapoor's casting.
Continue reading at NDTV
5h
Prashant Kishor storms BJP's Bankipur fortress, wins debut electoral battle
INDIA MARKET | Mon, 3 Aug 2026, 11:40PM IST
Jan Suraaj chief hands BJP its first defeat in Patna seat since it was carved out in 2008
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5h
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