Street vendor push: Loan hike, credit cards okayed | India News
[ad_1] NEW DELHI: Govt has approved higher subsidised loans for street vendors under the second phase of PM SVANidhi scheme and expanded its coverage by bringing around 50 lakh more beneficiaries under its ambit. TOI has learnt that the proposal to enable around 11 beneficiaries who have paid the first two tranches of subsidised loans to get UPI-linked credit cards
All food business operators must display licence: FSSAI
[ad_1] NEW DELHI: All food business operators, including restaurant and dhaba owners, will have to display licences at an appropriate place on their premises, FSSAI directed on Friday. Operators should also display the QR code of a mobile app meant for complaints, the regulator said, adding that these would be routed to the jurisdictional authority concerned. [ad_2] Source link
Why Black entrepreneurs flock to Martha’s Vineyard every August
[ad_1] Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty Images Martha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. “I would say the magic of it is really about introducing your network to someone
Trump’s tariff hit: India among dozens to be impacted after new deadline – 10 key takeaways for the world from the fresh White House order
[ad_1] In another move aimed at trade enforcement, the US has unveiled a comprehensive revision of global tariff rates, targeting several countries and territories along with the European Union.The move, formalised via an executive order signed by President Donald Trump, marks a shift from negotiation-driven tariffs to a more systemic, penalty-oriented approach.The revised rates — ranging from 10 per cent
Volvo Car India introduces refreshed XC60 SUV at ₹71.9 lakh
[ad_1] Volvo Car India on Friday introduced the refreshed XC60 Mild Hybrid SUV, at an introductory ex-showroom price of ₹71,90,000. “The XC60 has consistently been one of our most successful models globally, and in India, it has garnered immense customer appreciation. With the latest Refreshed XC60, we are elevating the user experience to the next level, from a new-generation infotainment system
Andhra Pradesh allots land for WTC, Sify data centre in Vizag
[ad_1] BVM Energy and Residency Private Limited, a Kapil Group Entity, has been allocated 10 acres out of the 30 acres earmarked to set up the World Trade Centre facility at Visakhapatnam. The Andhra Pradesh government issued an order on Friday, allotting land at Yendada near Visakhapatnam to set up the facility. The company has proposed to invest ₹1,250 crore
Front‑running scam: ED raids in 7 cities linked to ex‑Axis MF employee, illegal gains of over Rs 200 crore exposed
[ad_1] The Enforcement Directorate (ED) on Friday, August 1, conducted search operations at several premises across seven cities, Delhi, Gurugram, Kolkata, Ludhiana, Ahmedabad, Bhavnagar, and Bhuj as part of an investigation into a large-scale front-running scam involving an ex-employee of Axis Mutual Fund. The action was conducted under the Prevention of Money Laundering Act (PMLA), 2002. The raids were not at
India’s beer bottleneck: It’s the cans
[ad_1] As beer can only be packaged in bottles or cans due to excise laws, brewers warn that the shortage may worsen without better planning. | Photo Credit: SODIQ ADELAKUN India’s beer industry is grappling with a deepening can shortage, driven by surging demand and competition from soft drink makers. With just three domestic can plants and all aluminium imported,
Assam: PM Modi to visit state on September 8, inaugurate Rs 4,200 crore bio-refinery
[ad_1] Assam Chief Minister Dr Himanta Biswa Sarma on Friday said that Prime Minister Narendra Modi will visit Assam on September 8 and will inaugurate a bio refinery at Numaligarh. Sarma, while addressing a press conference held at Lok Sewa Bhawan in Guwahati, said, “Prime Minister Narendra Modi will inaugurate a bio refinery at Numaligarh, which will convert bamboo to
Moderna (MRNA) Q2 2025 earnings
[ad_1] The Moderna logo is seen in Warsaw, Poland, on April 9, 2025. Jakub Porzycki | Nurphoto | Getty Images Moderna on Friday lowered the high end of its 2025 revenue outlook due to a delay in vaccine shipments to the U.K., but beat Wall Street’s expectations for the second quarter as it works to cut costs. Shares of Moderna
TN Govt, IIT Madras to set up Semicon fab facility, announces seed funding of ₹100 crore
[ad_1] TRB Rajaa, TN Industry Minister and V Kamakoti, Director, IIT Madras at a press conference in Chennai to announce the launch of a Centre for Advanced Semiconductor Technologies, at IIT Madras | Photo Credit: BIJOY GHOSH The Tamil Nadu State government has announced plans to launch a Centre for Advanced Semiconductor Technologies, which will include a semiconductor fab processing
H.D. Deve Gowda Slams Donald Trump for “Baseless” remarks against Indian economy
[ad_1] In a strongly worded public statement, Shri H.D. Deve Gowda, Former Prime Minister of India and a sitting Member of Parliament in the Rajya Sabha, criticised U.S. President Donald Trump for making what he termed as “baseless and ill-tempered remarks” on India and its economy. “Even a small trader and a poor farmer in India, who conducts his business
Trunk Tools uses AI to reduce construction errors and waste
[ad_1] A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025. Esteban Vanegas | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to
Centre’s July 2025 GST revenue up 7.5% to ₹1.96 lakh crore
[ad_1] Image for representational purposes only. | Photo Credit: Getty Images The Central government’s gross revenue from the Goods and Services Tax (GST) grew to ₹1.96 lakh crore in July, up 7.5% from the collections in July last year, and 6% higher than the collections in June 2025. Refunds under the system, however, surged by nearly 67% to ₹27,147 crore
How much are Southwest’s new assigned seats? It depends
[ad_1] Southwest Airlines new premium seats featuring extra legroom. Leslie Josephs/CNBC Southwest Airlines‘ first assigned seats went on sale this week for flights starting Jan. 27 of next year. What you’ll pay will vary. The price depends on the route, when you’re traveling and where you sit. Selecting your ideal seats can add hundreds of dollars to the cost of
NMDC hikes iron ore prices
[ad_1] Iron ore producer fixes the price of Baila Lump at ₹6,100/tonne and Baila Fines at ₹5,250 | Photo Credit: BYSPECIALARRANGEMENT State-owned NMDC has increased the prices of iron ore with effect from August 1. According to an intimation to the bourses, the Hyderabad-based iron ore producer fixed the price of Baila Lump at ₹6,100 per tonne and Baila Fines at ₹5,250
Family offices use structured pay to keep executives for the long term
[ad_1] Maskot | Maskot | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are ramping up the war for talent, creating new incentive plans for top executives that are boosting pay, according
Capgemini Engineering CEO William Rozé departs from the Group
[ad_1] Capgemini has announced that William Rozé, CEO of Capgemini Engineering and Group Executive Board member, has decided to leave the Group to pursue other projects. Capgemini and Rozé agreed on his departure, effective from July 31. He has relinquished his responsibilities within the Group and his successor will be announced in the coming weeks, the company said.. Aiman Ezzat,
US announces new tariffs on India & others; marks new era of American protectionism
[ad_1] US president signed an executive order that raised tariffs for over five dozen countries with Washington’s negotiations for trade deals went down to the wire ahead of the August 1 deadline | Photo Credit: bugphai US President Donald Trump unveiled sweeping new tariffs on dozens of countries including 25 per cent duties for goods from India, marking a new
Big Tech’s acquihire deals face regulatory scrutiny, outgoing EU antitrust official says
[ad_1] Last month Google hired staff members from AI code generation startup Windsurf [File] | Photo Credit: REUTERS Big Tech deals to acquire skills rather than major companies may soon come under the regulatory scrutiny they previously avoided, the outgoing head of the European Commission’s antitrust unit said. Acquihires, in which Big Tech hires start-ups’ founders and senior managers rather
It’s raining NFOs! At least 10 new mutual fund schemes set to launch in August – check details
[ad_1] It’s raining NFOs in the monsoon. At least 10 new mutual fund schemes are slated for launch this month. (AI image) Mumbai: It’s raining NFOs in the monsoon. At least 10 new mutual fund schemes are slated for launch this month. This is in addition to the 10 ongoing NFOs that were launched in the past two weeks. From
ED summons Anil Ambani for questioning on August 5 in loan ‘fraud’ case
[ad_1] Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group | Photo Credit: PRASHANT WAYDANDE The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning on August 5 in an alleged loan fraud-linked money laundering case against his group companies, official sources said on Friday. Ambani, 66, has been asked to depose at the ED headquarters in
Indian state refiners pause Russian oil purchases, sources say amid Trump’s tariffs
[ad_1] Image used for representation purpose only. Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd — have not sought Russian crude in the past week or so | Photo Credit: Reuters Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned
Trump asks drugmakers to cut U.S. prices within 60 days
[ad_1] U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room at the White House
How wealthy yacht buyers plan to avoid the European tariffs
[ad_1] Superyachts in Port Hercules, Monaco. John Lamb | The Image Bank | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. American boat buyers and European shipyards are scrambling to assess the damage from