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India issued a ₹28,000 crore EPC tender for the Mahi Banswara nuclear power plant in Rajasthan. Anushakti Vidhyut Nigam released the bid for four 700 MWe reactors. NPCIL said, "The project marks another significant milestone in strengthening India's indigenous nuclear manufacturing ecosystem." This initiative supports the country's clean energy goals.
Treating all debt as an equal enemy is a costly financial mistake. While many people rush to pay off home loans, smart borrowing for assets like education or property can actually help your wealth grow. Avoid high-interest personal loans for gadgets, as these bad debts only drain your net worth.
Kharif sowing fell 16% to 53.1 million hectares by July 10, agriculture ministry data showed on Thursday. A patchy monsoon caused this drop, leaving many fields empty. Agriculture Minister Shivraj Singh Chouhan said, "If countries without access to genetically modified seeds can get better yields in pulses, why can't India?"
Madhya Pradesh secured investment proposals worth Rs 1,592 crore at Bharat Tex 2026. These deals are expected to create over 15,700 jobs across the textile sector. Chief Minister Mohan Yadav said the state has emerged as a "Farm to Fashion" destination, offering a complete value chain for many global companies.
Industry body FAITH advocated for a tourism growth charter at its annual conclave to unlock new opportunities. India’s tourism sector will grow at 8.5% this year, contributing $286 billion to GDP. FAITH chairman Puneet Chhatwal said, "Tourism is a growth engine that has a multiplier effect on economic development."
CEAT Ltd reported a 96.4% net profit fall to ₹4 crore for Q1 FY27 on July 16. Despite this, revenue grew 22.4% to ₹4,318 crore. The firm now plans a ₹1,205 crore expansion to add 53,000 tyres daily capacity by FY2031, aiming to boost growth despite ongoing margin pressures.
Indian Metals and Ferro Alloys plans to raise ore output to 12 lakh tonnes annually with ₹1,200 cr investment. The company recently acquired a Tata Steel unit in Odisha and will soon commission a new furnace. Managing Director Subhrakant Panda said, "We plan to double our chrome ore mining production."
De Beers’ Forevermark is expanding its retail presence in India as lab-grown diamonds impact its core mining business. The company saw its rough-diamond price index fall 20% in 2024. Yarabolu said, “We are a jewellery company that is using diamonds as a medium.” The brand now targets younger, modern consumers.
China’s Anhui Korrun said a fund invested 2.90 billion yuan for a stake in DeepSeek, implying a valuation of $51.82 billion. This stock-exchange filing showed rare public evidence about the startup’s maiden external fundraising. The low-profile company has never publicly announced or detailed these financial figures until this recent report.
The Reserve Bank of India introduced a new framework for banks to manage immovable assets taken from loan defaulters. These rules start from October 1, 2026. The RBI said it was necessary to prescribe prudential norms because banks are not in the business of owning or managing real estate assets.
The Public Company Accounting Oversight Board will hold a public meeting on July 20, 2026, to consider a proposed strategic plan for 2026-2030. The board got feedback from 71 comment letters. SEC Chief Accountant Kurt Hohl said, “We’re working very closely with the PCAOB staff to coordinate standard-setting activities.”
JSW MG Motor India is investing ₹1,400 crore in its Halol plant to boost production capacity. The company plans to launch four new vehicles this fiscal year. Managing Director Anurag Mehrotra said, “We will be launching a battery electric vehicle and a plug-in hybrid vehicle shortly” to drive future growth.