Business

India has committed to achieving net zero by 2070 and increasing non-fossil-fuel-based energy resources to 60 per cent of its electricity mix by 2035

The Department of Commerce conducted a comprehensive review of the ongoing Andhra Pradesh Flue Cured Virginia (FCV) Tobacco Marketing Season 2025-26, according to official information sourced from the Ministry of Commerce & Industry.

Surat (Gujarat) [India], July 10: As global demand for renewable energy continues to rise, expectations around the quality and reliability of solar photovoltaic (PV) modules are becoming increasingly stringent. Governments, project developers, financial institutions, and customers are no longer evaluating manufacturers solely on production capacity or module efficiency. Instead, equal importance is being placed on technical validation, internationally recognized testing practices, and the ability to demonstrate product reliability consistently.

The company said the regulator has directed it to submit an action taken report detailing the corrective measures implemented to address the deficiencies flagged during the audit

Jaipur (Rajasthan) [India], July 10: Reinforcing its commitment to the holistic development and emotional well-being of students, Manipal University Jaipur (MUJ) successfully organised 'Matru Setu - Women Mentoring Young Women,' a unique orientation and mentorship programme aimed at empowering women educators to become compassionate mentors for young female students.

Union Minister of Commerce and Industry Piyush Goyal chaired a review meeting with officials of the National Productivity Council to focus on improving inter-departmental collaboration, strengthening institutional capacities, and adopting best practices to enhance productivity and service delivery.

Pune (Maharashtra) [India], July 10: Bank of Maharashtra has announced the launch of FinSpark'26, a national-level cybersecurity hackathon aimed at encouraging students and dropouts across India to develop solutions for real-world cybersecurity challenges in the banking sector.

India must build a strong innovation ecosystem alongside its expanding manufacturing base to become a net exporter of electronics, Commerce Secretary Rajesh Agrawal said, stressing that the country's next phase of growth will depend on creating new products rather than only producing them.

Bangalore (Karnataka) [India], July 10: The tallest buildings, the busiest roads, and the most expensive neighbourhoods usually represent the final chapter of growth, not the beginning of it. The earliest signs of wealth creation often emerge quietly--in the form of new roads, expanding metro lines, employment corridors, and land that sits at the center of future development.

India's foreign exchange reserves increased by USD 7.26 billion during the week ended July 3, driven by a rise in foreign currency assets and gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday.

Bengaluru (Karnataka) [India], July 10: Arkam Ventures, an early-stage, non-consensus venture capital firm, today announced the elevation of Vishnuhari Pareek as its Chief Financial Officer, effective July 2026. The firm has also promoted Abhishek Mishra to Principal, as it continues to strengthen its leadership team to support the next phase of growth in backing more category-defining Indian startups and entrepreneurs.

Gurugram (Haryana) [India], July 10: Reinforcing its commitment towards fostering an inclusive workplace and celebrating diversity, TaskUs (Nasdaq: TASK), a global leader in outsourced digital services, marked Pride Month with a series of employee engagement and diversity initiatives across its India operations. Through awareness sessions, community partnerships, recruitment drives and employee-led celebrations, the company reaffirmed its commitment to creating a workplace where every individual feels valued, respected and empowered to be their authentic self.

New Delhi [India], July 10: Mumbai's real estate story is entering a new chapter, and Dr. Swapnil Kale's newly launched book, 'Mumbai 3.0 - A Goldmine', argues that the biggest opportunities may no longer lie in conventional property investments. The book explores how infrastructure-led growth, emerging urban corridors, and strategic land ownership could shape the next phase of wealth creation across the Mumbai Metropolitan Region (MMR). At a time when investors are closely tracking the impact of the Navi Mumbai International Airport, Atal Setu, metro expansion, and new development zones, the book arrives as a timely examination of where future value may emerge.

New Delhi [India], July 10: In the ever-expanding realm of Epic fantasy - speculative fiction, a compelling new voice is stepping forward with both conviction and clarity. With Bharat Kshetra: The Hidden Matrix, debut author Vipul Shah crafts a sweeping narrative that blends ancient cosmology, modern reality, and conspiracy-scale storytelling into a universe that feels as vast as it is intimate. Often seen as taking inspiration from the expansive storytelling of Amish Tripathi, Shah's work moves beyond reinterpretation and instead builds an entirely original mythic framework, one where ancient concepts are not relics of the past but active, hidden forces shaping the present.

Mumbai (Maharashtra) [India], July 10: Rustomjee, one of Mumbai's leading real estate developers, has announced the launch of its limited period exclusive payment plan. Designed to make buying a property more accessible and financially convenient, the campaign allows customers to own a Rustomjee home by paying just 10% upfront.

New Delhi [India], July 10: In a massive move set to redefine urban skylines and elevate regional employment, the Ministry of Housing and Urban Affairs (MoHUA) has officially awarded a major infrastructure tender to the United States-based multinational powerhouse, DPR Construction. Signalling a deeper economic alignment under the *Viksit Bharat* framework, this high-profile entry introduces one of the USA's top commercial, healthcare, and advanced data-structure builders to the Indian public sector.

The Telecom Regulatory Authority of India (TRAI) released clarifications regarding the functioning of the designated 1600 series and 140 series numbers. The regulator issued the statement following certain media reports that contained comments and views on the operation of these series, which created a risk of public misinformation or misinterpretation.

At close, the Nifty 50 gained 1.02% or 244.10 points to settle at 24,206.90

Early July rains have eased immediate concerns over this year's southwest monsoon after a parched June, but risks to agriculture and the rural economy remain as uneven rainfall, delayed sowing and lingering El Nino conditions continue to cloud the outlook, according to a CRISIL Quickonomics report released on Friday.

The government's push for cash flow-based lending is expected to improve access to credit for micro, small and medium enterprises (MSMEs) by strengthening their financial position and enabling additional lending, Anurag Khandelwal, Partner, Price Waterhouse Chartered Accountants LLP, told ANI on Friday.

New Delhi [India], July 10: EduCollege, a leading Indian higher education discovery platform, has introduced the Degree ROI Calculator, a free, data-driven tool that enables students, fresh graduates, and working professionals across India to assess the real financial returns of any undergraduate or postgraduate degree before enrolling. At a time when higher education costs continue to rise and career outcomes vary widely across institutions; the tool eliminates guesswork and replaces it with evidence.

SmartWatt Consulting and Integrated Energy Services LLC and BSES Rajdhani Power Ltd. formalised a strategic energy engagement under the Muruna Initiative at the Embassy of the United Arab Emirates in New Delhi. The partnership focuses on integrating artificial intelligence, battery energy storage systems, and distributed energy resources to upgrade the electricity network in the National Capital Territory of Delhi.

South Korean memory chipmaker SK hynix raised approximately USD 26.5 billion in its Nasdaq listing after pricing its American depositary receipts at USD 149 each, marking the largest US initial public offering by a foreign corporation.

Calicut (Kerala) [India], July 10: Neka Sulaiman, daughter of HiLITE Group Chairman P. Sulaiman, has taken charge of the Group's hospitality division as Director, HiLITE Holdings. She will lead HiLITE Group's hospitality expansion, with a vision to develop 1,000 hotel keys across Kerala by 2030.

New Delhi [India], July 10: Relaxo Footwears Limited, India's largest footwear manufacturer, has unveiled its refreshed Exclusive Brand Outlet in Vasundhara, marking a significant step in the brand's ongoing retail transformation. Designed for today's evolving consumer, the new format reflects Relaxo's vision of transforming how India experiences everyday footwear retail.