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Sensex, Nifty rally for 4th straight session as lower crude oil price boosts sentiment

Mumbai, Aug 3 (IANS) Indian benchmark equity indices extended their gains for a fourth consecutive session, supported by improved investor sentiment after a sharp decline in crude oil prices amid reports of potential talks between the United States and Iran. The Sensex surged 544.39 points, or 0.7 per cent, to close at 78,639.03. Meanwhile, the […]

Free utility services come at a hidden cost: CEA Nageswaran

New Delhi, Aug 3 (IANS) Chief Economic Advisor (CEA) V Anantha Nageswaran on Monday cautioned against the growing reliance on ‘free services’ in public policy, arguing that below-cost pricing of utilities and infrastructure ultimately weakens economic balance sheets and undermines long-term development. Speaking at the CII Tamil Nadu Infrastructure Summit 2026, Nageswaran said providing public […]

DLF’s Q1 revenue slumps 53 pc to Rs 1,280 crore

Mumbai, Aug 3 (IANS) Real estate major DLF Limited reported a 52.9 per cent year-on-year (YoY) to Rs 1,280 crore during the quarter (Q1 FY27), against Rs 2,717 crore in the year-ago period (Q1 FY26). The real estate major reported a 4.1 per cent year-on-year increase in consolidated net profit to Rs 794 crore for […]

India raises windfall taxes on fuel exports amid volatile global oil prices

New Delhi, Aug 3 (IANS) The Indian government on Monday increased windfall taxes on exports of petroleum products, including petrol, diesel and aviation turbine fuel (ATF), as global crude oil prices remain volatile amid tensions linked to the Iran conflict. According to a government order, the revised export duties have come into effect immediately to […]

CNG shortage, high fares disrupts life in Bangladesh

Dhaka, Aug 3 (IANS) People in Dhaka and other areas of Bangladesh have been facing hardships as many compressed natural gas (CNG)-powered auto-rickshaws and public transport vehicles have not been operating due to an ongoing gas shortage in the country, local media reported on Monday. Transport services have been disrupted because vehicles did not receive […]

Japan PM visits earthquake-affected region to assess situation

Tokyo, Aug 3 (IANS) Japanese Prime Minister Sanae Takaichi on Monday visited Kumamoto Prefecture in southwestern Japan following a powerful earthquake that struck the region last week, causing widespread destruction, local media reported. “The government will do everything that it can do,” Takaichi told the residents affected by the 7.1-magnitude earthquake on July 28, Kyodo […]

EAM Jaishankar meets Uzbekistan FM, appreciates steady growth in ties

New Delhi, Aug 3 (IANS) External Affairs Minister (EAM) S Jaishankar on Monday appreciated the steady momentum in India-Uzbekistan ties as he held a meeting with his counterpart from the Central Asian country, Bakhtiyor Saidov, who is currently on a three-day visit to New Delhi. EAM Jaishankar expressed confidence that the meeting would contribute to […]

Africa CDC hails Uganda for Ebola containment

Kampala, Aug 3 (IANS) The Africa Centres for Disease Control and Prevention (Africa CDC) on Monday praised Uganda for successfully containing its latest Ebola outbreak, attributing the achievement to strong national leadership and coordinated action. Africa CDC Director-General Jean Kaseya made the remarks on social media platform X after co-chairing a meeting in Kampala with […]

Nepal sees marginal growth in tourist arrivals in July

Kathmandu, Aug 3 (IANS) Nepal recorded marginal growth in foreign tourist arrivals in July, welcoming a total of 71,775 foreign visitors during the month, the Nepal Tourism Board (NTB) said on Monday. The figure represents a 2.3 per cent increase compared to 70,193 foreign tourist arrivals recorded in July 2025. Except for March and April, […]