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INDIA BUSINESS | Tue, 18 Aug 2026, 12:57AM IST Axis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corporate ecosystems. It handles collections, payments, trade finance, and salary accounts for businesses. Investment banking and wealth management services are also offered to companies and their promoters. This strategy aims to build liability and fee franchises by managing more corporate cash flows.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:52AM IST Multi Commodity Exchange of India plans to invest up to Rs 200 crore to launch dedicated coal and minerals trading platforms as the government seeks greater price discovery and transparency in domestic markets. MCX has incorporated separate entities for the businesses and received Sebi approval to invest about 100 crore in each.

Continue reading at Economic Times

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INDIA MARKET | Tue, 18 Aug 2026, 12:51AM IST Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower oil prices and softer inflation data support gold's upward trajectory. Institutional demand and rebuilding of positions are likely driving this trend. However, stalled peace efforts and weak demand could limit future price increases.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:48AM IST Realty assets worth an estimated 13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public Enterprises gave final approval for their monetisation. The National Land Monetisation Corp will market 23 prime properties across six cities, targeting 7,500 crore this fiscal.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:42AM IST The Supreme Court has called on the Centre to take action against airlines that violate airfare regulations. In response, the government announced that they will finalize airfare rules within three weeks. Concerns have been raised about airlines flouting pricing guidelines from the ministry. The court has evaluated draft regulations presented in a sealed cover and will reconvene the hearing on September 7.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:41AM IST The company said it had engaged with the Food Safety and Standards Authority of India (FSSAI) over its updated guidelines and had taken measures to bring its products in line with the revised requirements. "We have engaged with the FSSAI to align on the new guidelines proposed by them and have since taken appropriate measures to align our products fully with the revised requirements," a Diageo spokesperson said.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:41AM IST The number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding loans, posing a higher credit risk. Portfolio at risk for these stretched borrowers is higher than others. The microfinance market saw a record peak in loans outstanding recently. Stricter underwriting practices are helping the sector recover from past challenges.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:38AM IST Colgate-Palmolive India is joining forces with Bombay Shaving Company to enhance its personal care division. This partnership will tap into Bombay Shaving Company's robust digital capabilities, focusing on direct-to-consumer strategies and e-commerce expansion. Since purchasing a minority share in 2018, Colgate-Palmolive India has entrusted Bombay Shaving Company with online advertising and consumer relations, while maintaining control over traditional retail brand management.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:38AM IST Two additional Air India pilots have reportedly tested non-negative in initial drug tests. These pilots have been removed from flying duties while confirmatory results are awaited. Nearly 400 pilots have undergone mandatory screening under Air India's program. This testing covers cockpit crew across the airline group, including Air India Express. The airline is conducting these tests beyond the civil aviation regulator's rules.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:34AM IST A bench led by Justice PS Narasimha refused to interfere with the Appellate Tribunal for Electricity's (Aptel) order that also refused to stay the invoices and upheld the Central Electricity Regulatory Commission's (CERC) direction to the discoms to pay the entire amount claimed by Adani Power in 45 days. The top court asked the appellate tribunal to pronounce its final order in the matter within three months.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:22AM IST Specialty fertilisers, widely used in horticulture, are gaining popularity as farmers seek better yields and more efficient use of nutrients. These products also command a significant premium over conventional fertilisers, making the segment increasingly attractive for manufacturers.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:13AM IST The trend mirrors a significant shift in the US, the world's largest diamond consumer market, where lab-grown stones have moved from being a niche alternative to becoming mainstream in engagement jewellery. The growing popularity there, driven by affordability and the ability to buy larger stones for the same budget, offers a glimpse into the potential trajectory of the category in India.

Continue reading at Economic Times

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GLOBAL NEWS | Tue, 18 Aug 2026, 12:07AM IST Paramounts $111 billion deal to acquire Warner Bros. Discovery has been postponed until the conclusion of a trial, scheduled for March.

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:02AM IST Renewable energy developers now receive extended timelines for grid connection. The Central Electricity Regulatory Commission introduced revised general network access regulations. Developers must pay escalating daily charges for these crucial project extensions. Limited extensions are available for land acquisition, financial closure, and commissioning dates. This framework supports projects showing progress and prevents transmission connectivity blockages.

Continue reading at Economic Times

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INDIA MARKET | Tue, 18 Aug 2026, 12:02AM IST Gold prices advanced Monday, supported by a weaker dollar and fewer rate hike expectations. Investors are monitoring Middle East geopolitical tensions, which could influence markets. Markets reduced bets on a Federal Reserve rate increase after recent economic data.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 18 Aug 2026, 12:02AM IST Finance Minister Nirmala Sitharaman on Monday said Indias banking sector is in its strongest position to undertake the next phase of reforms, aided by historically low non-performing assets. She said the High-Level Committee on Banking for Viksit Bharat will be announced soon to align the sector with Indias growth ambitions.

Continue reading at Economic Times

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INDIA NEWS | Mon, 17 Aug 2026, 11:51PM IST New Delhi: The defence ministry signed a 1,943 crore contract with US firm General Atomics on Monday to lease two additional MQ-9B SeaGuardian high-altitude long endurance (HALE) drones for the Indian Navy that will be tasked with long distance maritime patrolling and surveillance.The drones will add to two similar systems that have been taken on lease in the past and are currently in service. General Atomics will be responsible for the upkeep and operational availability of the drones during the 30-month lease period.133304722Also Read: On surveillance mission, MQ-9B Sea Guardian drone encounters 'technical failure'Officials said that the MQ-9B SeaGuardian HALE, equipped with advanced systems, state-of-the-art sensors and sophisticated payloads, will significantly enhance the Indian Navy's maritime domain awareness capabilities.The systems will provide persistent intelligence, surveillance and reconnaissance coverage over vast areas of the maritime domain, strengthening India's ability to monitor and respond to developments across the Indian Ocean Region, they added.India has now taken a total of four MQ-9Bs on lease from the US. The navy is waiting for the delivery of 31 drones of the same type that it had ordered in October 2024. The $4 billion deal for the drones includes a contract for performance-based logistics for these remotely piloted aircraft systems through depot level maintenance, repair and overhaul in India.. The first batch of these drones is expected to arrive by next year.Also Read: India set for $2-billion drone order in biggest buy, industry body says133304735After they are inducted, the MQ-9Bs will operate from three planned hubs, including INS Rajali in Tamil Nadu, from where two of the drones leased by the navy already operate. The other hubs are expected to come up in northern India and the northeast.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 17 Aug 2026, 11:35PM IST Juniper Hotels plans to double its luxury hotel portfolio to 4,000 keys. This expansion will occur over the next four years with significant investment. The company is developing five new greenfield projects across India. These developments include hotels and a commercial asset in key markets. Juniper Hotels will continue partnering with global operators for property management.

Continue reading at Economic Times

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INDIA MARKET | Mon, 17 Aug 2026, 11:28PM IST Royal Challenge is one of Diageo's major brands in India.

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INDIA MARKET | Mon, 17 Aug 2026, 11:21PM IST Oppo announced price hikes across multiple smartphone models, effective from Tuesday

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INDIA MARKET | Mon, 17 Aug 2026, 11:21PM IST Hidden Amazon facility reportedly scans and destroys books for AI training data

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INDIA MARKET | Mon, 17 Aug 2026, 11:19PM IST Binance reportedly shared customer data with Russian investigators in a case involving crypto donations to Ukrainian groups.

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INDIA MARKET | Mon, 17 Aug 2026, 11:13PM IST India lost 4-2 against England in Pool D of the FIH Hockey World Cup 2026 on Aug. 17.

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INDIA MARKET | Mon, 17 Aug 2026, 11:12PM IST The acquisition makes SISCOL a subsidiary from August 17.

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INDIA MARKET | Mon, 17 Aug 2026, 11:07PM IST Monday also marked the deadline by which Iran and the US were expected to reach a final deal under a memorandum of understanding signed on June 17.

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INDIA MARKET | Mon, 17 Aug 2026, 11:07PM IST JSSC Combined Graduate Level examination also cancelled; government to set up exam reforms committee headed by senior IAS officer Amitabh Kaushal

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INDIA MARKET | Mon, 17 Aug 2026, 11:06PM IST Hema Malini posted on X after watching Batwara 1947 and expressed her admiration for the film.

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INDIA BUSINESS | Mon, 17 Aug 2026, 11:06PM IST The deal, which covers ByteDance's Seedance video and Seedream image-generation models, follows a cease-and-desist letter the MPA sent in February over these tools.

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GLOBAL NEWS | Mon, 17 Aug 2026, 11:05PM IST The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.

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INDIA MARKET | Mon, 17 Aug 2026, 11:00PM IST Alia Bhatt shares a glimpse of her cherished family vacation with Ranbir Kapoor and daughter Raha.

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INDIA NEWS | Mon, 17 Aug 2026, 10:58PM IST Expert explains whether an EOU can warehouse goods near Ahmedabad, the correct eway bill destination for exports and how to claim ITC on differential IGST

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