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Income-tax dept checks 394 entities over suspicious foreign remittances
The exercise covers entities that sent large sums abroad despite reporting little business activity or not filing returns, along with professionals who certified payments.
 "Income-tax dept checks 394 entities over suspicious foreign remittances")
Ind-Ra lifts India's FY27 economic growth forecast by 10 bps to 6.8%
But warns El Niño, geopolitical woes may weigh on momentum
 "Ind-Ra lifts India's FY27 economic growth forecast by 10 bps to 6.8%")
Five-year bond yield hardens as FCNR(B) position unwinding weighs on trade
Five-year bond yield hardens by around 10 basis points in two sessions as traders unwind FCNR(B)-linked positions following the RBI's early closure of the swap window.
 "Five-year bond yield hardens as FCNR(B) position unwinding weighs on trade")
How to embrace AI: Indian IT firms gear up for the reskilling challenge
AI could disrupt millions of jobs even as it boosts productivity and creates new opportunities, forcing India's IT industry to rethink hiring, reskilling and business models
 "How to embrace AI: Indian IT firms gear up for the reskilling challenge")
Nalco launches pilot plant to recover value-added products, rare earths
The facility, developed with IMMT and KIIT, will focus on recovering ferro-titanium alloy, metallic iron and rare earth elements, including scandium, from industrial residue
 "Nalco launches pilot plant to recover value-added products, rare earths")
El Niño unlikely to hurt kharif production much: Shivraj Singh Chouhan
Chouhan said that integrated farming systems and models based on local resources should be developed to enhance farmers' incomes, urging officials to set clear goals and implement concrete roadmaps
 "El Niño unlikely to hurt kharif production much: Shivraj Singh Chouhan")
Global headwinds: Robust swap inflows lift rupee just 0.1% vs 8.8% in 2013
Global factors weigh on the currency despite sizeable FCNR(B) inflows, as economists flag tight financial conditions, volatile energy markets and competition for capital
 "Global headwinds: Robust swap inflows lift rupee just 0.1% vs 8.8% in 2013")
Tata Sons board meeting to take view on Chandra's exit letter soon
In a first, Tata Sons AGM adjourned over lack of quorum
 "Tata Sons board meeting to take view on Chandra's exit letter soon")
Su-30MKI, T-90 parts among ₹3,000-cr defence items to be indigenised
MoD's sixth Positive Indigenisation List bars import of 405 'strategically important items' from a specified date
 "Su-30MKI, T-90 parts among ₹3,000-cr defence items to be indigenised")
RBI's August 31 deadline nears: Private banks step up FCNR(B) push
Banks are raising interest rates, using website countdown timers, fast-tracking deposit commitments and tapping overseas bond markets as the RBI deadline approaches
 "RBI's August 31 deadline nears: Private banks step up FCNR(B) push")
Pilots' body urges DGCA to raise annual random drug testing to 25%
FIP has also proposed oral-fluid testing alongside urine tests and a 12-month pilot programme to assess its reliability, operational feasibility and cost
 "Pilots' body urges DGCA to raise annual random drug testing to 25%")
Reliance Jio's tariff plan change likely to set stage for tariff hikes
Jio Prime offers protection against tariff revisions until September 2027, while analysts say the membership structure could indicate an impending headline tariff hike
 "Reliance Jio's tariff plan change likely to set stage for tariff hikes")
Why the vote on taxing California's billionaires is being watched globally
In New York, Mayor Zohran Mamdani has proposed a 2 per cent income tax increase for those earning over $1 million, and passed a property surcharge tax on second homes
 "Why the vote on taxing California's billionaires is being watched globally")
Delhi High Court bars Zydus from launching patented cancer drug
Zydus undertakes not to commercially manufacture or launch Dabrafenib until Novartis' Indian patent expires in May 2029; statutory Bolar rights remain protected
 "Delhi High Court bars Zydus from launching patented cancer drug")
More cash, less usage pose challenge for RBI: Shirish Chandra Murmu
Robust currency demand amid rising digital payments muddles projection
 "More cash, less usage pose challenge for RBI: Shirish Chandra Murmu")
Hospital room-rate cap may hurt healthcare expansion, warns industry
Healthcare stakeholders say linking private hospital room rates to three-star hotel tariffs could hurt investment, capacity expansion and the financial sustainability of quality care
 "Hospital room-rate cap may hurt healthcare expansion, warns industry")
Milky Mist shares gain 30%; India Exposition Mart files DRHP with Sebi
Milky Mist Dairy Food makes a strong market debut, while India Exposition Mart files for an IPO and Augmont Enterprises sets a price band for its public issue
 "Milky Mist shares gain 30%; India Exposition Mart files DRHP with Sebi")
India's crude import bill rises 41% to $13.7 bn in July on oil prices
Crude import volumes rose 13 per cent to 21.4 million tonnes in July, while the Indian basket price averaged $82.04 a barrel amid supply disruptions in West Asia
 "India's crude import bill rises 41% to $13.7 bn in July on oil prices")
35 years of liberalisation: How aviation reforms gave wings to pvt sector
The reforms of 1991 triggered the first wave of private airlines, yet most entered a sector that demanded far deeper financial resources than anticipated
 "35 years of liberalisation: How aviation reforms gave wings to pvt sector")
Govt offers cheaper gas to CGD firms to accelerate household PNG rollout
Eligible CGD companies will receive an additional 200 SCM of lower-priced domestic APM gas for every incremental billed PNG connection above the specified threshold
 "Govt offers cheaper gas to CGD firms to accelerate household PNG rollout")