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MapmyIndia profit rose 8.6% to ₹49.7 crore in the June quarter. The firm said revenue grew 14.9% to ₹139.7 crore. Chairman Rakesh Verma said, "FY27 started with another quarter of profitable growth." The company also appointed Rohan Verma as Joint Managing Director, effective from July 1, 2026, to lead operations.
The Centre moved to extend tax exemptions for foreign electronics suppliers until 2041 under the Taxation and Other Laws (Amendment) Bill, 2026. Finance minister Nirmala Sitharaman tabled this in Parliament on Tuesday. The move aims to boost investment and help India grow as a major global hub for electronics production.
The S&P 500 hit a new high as global markets rose on August 5, 2026. Oil fell to $79 per barrel, helping bond markets stay steady. While U.S. stocks gained, confusion remains for Nifty and Sensex. Investors now watch for a positive start as Asian markets follow the Wall Street trend.
The Supreme Court on Tuesday ordered cameras to issue automatic e-challans to uninsured vehicles. The court said 56% of vehicles on Indian roads lack insurance, leaving accident victims without compensation. Authorities will now link highway cameras to insurance databases to catch offenders and ensure strict enforcement of the law.
Motilal Oswal predicts a 75% upside for Restaurant Brands Asia after strong June quarter results. The company saw 24% revenue growth in India, driven by new menu items and better margins. While Indonesia remains weak, the firm plans to open 80 stores by FY27, keeping the brokerage bullish on growth.
AI is creating new ways to earn money online in 2026. People now use tools like ChatGPT and Midjourney for high-ticket freelancing, website building, and design. You can also sell digital products, start affiliate marketing, or manage social media accounts. These modern methods replaced old scams to help you earn more.
The Reserve Bank of India’s Monetary Policy Committee will announce its August 2026 policy decision on August 5. Governor Sanjay Malhotra will reveal the repo rate and economic projections after a three-day meeting. Many experts expect the bank to keep rates unchanged at 5.25% as it monitors current inflation risks.
Gen Z entrepreneurs are using startup residencies and hacker houses to build businesses. Manasa Kalaimalai started Nova Residency to help women founders gain access to networks. Mentors like Sai Kumar Teja say, “Research the mentors, skip the irrelevant, bring only the questions blocking your product,” to get the most from these experiences.
Monthly rents in Delhi’s Lutyens Bungalow Zone are touching ₹20 lakh as homes for sale remain scarce. Amit Goyal of India Sotheby's International Realty said, “With such limited inventory, even a modest rise in demand has a significant impact on rentals.” Many affluent families now choose to rent instead.
Bharti Hexacom announced its results for the quarter ended June 30, 2026, with total revenues of ₹2,510 crore. The company saw strong growth in mobile services and data usage. Meanwhile, Greaves Cotton reported a 31% rise in consolidated revenue to ₹974 crore, as it expanded its international footprint in Dubai.
Global capability centres are set to add 200,000 net employees in FY27, matching last year’s hiring levels. Meanwhile, IT services firms expect to add 115,000 to 135,000 workers this fiscal year. Staffing firms said multinational companies continue to expand their India centres as they take on more work in artificial intelligence.
Yellow.ai plans to list on Nasdaq later this year at a $550 million valuation. The Bengaluru-based firm aims to boost growth by acquiring BPOs to automate operations using AI agents. Chief executive Raghu Ravinutala said the company is betting on AI-powered services as its next big engine for future success.