West Asia Conflict: ONGC to spend ₹20,000 cr annually till FY30
Business Lineby Rishi Ranjan Kala·31 Aug 2026
As the West Asia conflict impresses upon power hungry countries to secure energy supplies, state-run ONGC will be spending ₹20,000 crore annually till March 2030.
Ashok Soota : Four bets, four hits and still counting
Business Lineby Venkatesha Babu·31 Aug 2026
Ashok Soota can justifiably be called the grand old man of Indian IT. Not simply because of his longevity, but because of his extraordinary ability to repeatedly spot an opportunity, take a risk...
India allocates 13 lakh tonnes of sugar for sale for September 1st fortnight
Business Lineby Prabhudatta Mishra·31 Aug 2026
The government late on Sunday announced the release of 13 lakh tonnes (lt) of sugar, including 1 lt of the imported commodity, for domestic sales during the first fortnight of September.
Air India Express calls FY26 financial performance ‘one off’
Business Lineby Aneesh Phadnis·31 Aug 2026
Air India Express has said its weak financial performance in FY26 was “one off” and is hopeful of better results in future on the back of cost optimisation and revenue enhancement measures.
Complying with CWMA direction on Cauvery water release, Karnataka tells SC
Business Lineby Aaratrika Bhaumik·31 Aug 2026
The Karnataka government on Monday (August 31, 2026) told the Supreme Court that it was complying with the Cauvery Water Management Authority’s (CWMA) direction to ensure a flow of 9,000 cusecs of...
Indian retail, wholesale and mill-level sugar prices drop following Govt initiatives
Business Lineby Subramani Ra Mancombu·31 Aug 2026
Retail, wholesale and mill-level sugar prices in India declined on Monday, pressured by various government policies, including the decision to import 1 million tonnes (mt) of raw sugar duty-free...
India’s kharif main sowing window closes with lower acreage
Business Lineby BL New Delhi Bureau·31 Aug 2026
With sowing of kharif crops trailing by 0.4 per cent from the year-ago level and the main sowing window closed, the shortfall may remain even if the overall acreage reaches the season’s normal area...
INS Nipun commissioned into Navy
Business Lineby BL New Delhi Bureau·31 Aug 2026
The Indian Navy commissioned indigenously developed INS Nipun, the second Diving Support Vessel (DSV) of the Nistar Class, at Naval Dockyard, Mumbai, on Monday, marking a significant enhancement of...
FPIs’ fortune on the mend with assets under custody increasing 12% in April-July FY27
Business Lineby Sourashis Banerjee·31 Aug 2026
The fortunes of Foreign portfolio investors (FPIs) reversed in FY27 following a bleak FY26. Assets under their custody (AUC) increased around ₹8.5-lakh crore in the April to July period of FY27...
Mahajan Imaging, Neuberg Diagnostics plan 20 radiology centres in North India
Business Lineby Ankita Upadhyay·31 Aug 2026
Mahajan Imaging & Labs and Neuberg Diagnostics have entered into a joint venture to expand pathology, genomics and wellness services across North India, with plans to establish laboratories across...
Gujarat expects over Rs 75,000 crore investments this year
Business Lineby ANI·31 Aug 2026
Gujarat is expected to attract investments of over Rs 75,000 crore this year as the state continues to encourage businesses to set up operations, create products and boost exports, said Saurabh...
Supreme Court junks plea for mandatory ethanol disclosure at fuel pumps
Business Lineby Aaratrika Bhaumik·31 Aug 2026
The Supreme Court on Monday (August 31, 2026) refused to entertain a petition alleging an element of “silent compulsion” in the rollout of E20 petrol and seeking mandatory disclosure of the ethanol...
Steel prices to rise ₹2,000 a tonne on firm demand
Business Lineby Suresh P Iyengar·31 Aug 2026
Steel prices will increase by ₹1,500-2,000 per tonne to ₹72,500 a tonne in September, on the back of a strong revival in demand post-monsoon and firm trend in input cost.
ONGC plans oil trading unit, 1.75 million tonne strategic reserve
Business Lineby PTI·31 Aug 2026
State-owned Oil and Natural Gas Corporation (ONGC)plans to enter crude and petroleum-product trading and build a new strategic petroleum reserve as it seeks to strengthen supply security and...
Gautam Adani urges broader credit framework for infrastructure
Business Lineby PTI·31 Aug 2026
Billionaire Gautam Adani urged India’s credit-rating agencies on Monday to develop broader analytical frameworks for infrastructure projects, arguing that conventional models can underestimate the...
Altimetrik Achieves the AWS Generative AI Specialization
Business Lineby Cuelive·31 Aug 2026
BENGALURU, India , Aug. 31, 2026 /PRNewswire/ -- Altimetrik , an AI-first digital engineering company, has achieved the Amazon Web Services (AWS) Generative AI Specialization, a new category...
Centre notifies the Semicon 2.0 scheme
Business Lineby BL New Delhi Bureau·31 Aug 2026
The Centre on Monday notified the Semicon 2.0 scheme, setting in motion the ₹1,27,500-crore plan that seeks to deepen India’s semiconductor ambitions – charting out eligibility and incentives...
Bank credit growth accelerates, deposits stay strong in June 2026
Business Lineby BL Mumbai Bureau·31 Aug 2026
Scheduled commercial banks (SCBs) reported robust growth in both credit and deposits in June 2026, reflecting sustained economic activity and healthy savings mobilisation.
India’s April-July fiscal deficit narrows to 26.8% of FY27 target
Business Lineby BL New Delhi Bureau·31 Aug 2026
India’s fiscal deficit for the first four months of this fiscal year stood at ₹4.55 lakh crore or 26.8 per cent of the full-year target at the end of July, according to data released by the...
GRT Jewellers is set to pick up a 74.12% stake in TBZ
Business Lineby BL Chennai Bureau·31 Aug 2026
Tamil Nadu’s popular and iconic jewellery brand GRT Jewellers is looking to go national. Chennai-based GRT Jewellers is set to acquire a 74.12 per cent stake in Tribhovandas Bhimji Zaveri...
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