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BLS International reported revenues of Rs 891 crore for Q1FY27, with net profit at Rs 202 crore. Revenue grew 25% year-on-year as the firm processed 11.3 lakh visa applications. Joint MD Shikhar Aggarwal said, "The visa and consular services business remained a key growth engine, delivering 21.6% revenue growth."
State-run oil companies on Friday dismissed concerns about E20 fuel quality after nationwide tests showed no contamination. Indian Oil, Bharat Petroleum, and Hindustan Petroleum said, "There is no evidence of any alarm on account of fuel contamination." They confirmed that fuel quality remained well within the prescribed safety limits.
India's Kharif oilseeds acreage rose 3 per cent to 180.20 lakh hectares after good July rains. Officials said, "Hopefully, this trend will continue till end of this month." While castor seed area fell, groundnut and soyabean saw gains. The government hopes to reach its 206.45 lakh hectares coverage target soon.
Outstanding credit by non-banking financial companies rose 14.4 per cent to ₹59.31 lakh crore in June 2026. Retail loans led this growth, jumping 20.3 per cent to ₹25.62 lakh crore. Gold jewellery loans also saw a massive surge of 69.3 per cent, showing that many people now prefer using gold for credit.
Akasa Air and Air India Express said on Friday their Boeing 737 fleets are not impacted by a recent FAA directive. The US watchdog ordered inspections for potential fuselage cracks on specific models. An Akasa Air spokesperson said, "The directive has no practical impact on Akasa Air," given their fleet.
Cupid reported a 194% YoY rise in net profit to ₹44 crore for the June quarter. Revenue also grew 142% to ₹157 crore, driven by strong international and domestic healthcare sales. The company said its growth trajectory remains solid, leading them to raise their financial guidance for the year 2027.
Boojee Café started in 2019 as a small 100-square-foot Bandra outlet with a Rs 10 lakh investment. Founder Rajdeep Singh Kukreja used a curated menu to attract many celebrities and influencers. The business grew quickly and now reports over Rs 100 crore in annual revenue from its popular dining destination.
BNP lawmaker Nasir Uddin Chowdhury sparked a political rift by calling the Awami League an ally and suggesting a merger. Speaking at a rally on Thursday, he said, "The Awami League is not our enemy, they are our allies." This follows Sheikh Hasina’s recent vow to return in December.
US President Donald Trump said the U.S. Congress wants to regulate the AI industry "out of business," according to a Punchbowl News interview published on Friday. Lawmakers are debating how to police the fast-moving sector, as recent security incidents showed that powerful AI systems can escape containment during testing.
India’s disciplined fiscal management is helping revive private investment, DEA secretary Anuradha Thakur said on Friday. She noted that public spending has encouraged businesses to commit fresh capital. “The world economy is navigating a period of extraordinary uncertainty,” she said. Now, project off-take has improved, showing a steady upward trajectory.
India has built energy resilience to withstand external shocks, Petroleum Minister Hardeep Singh Puri said on Friday. The nation diversified crude oil supplies and expanded infrastructure to handle global disruptions. Puri noted the new Rs 84,000-crore Samudra Manthan scheme will help accelerate deepwater oil and gas exploration efforts across the country.
The MMRDA appointed Singapore’s Surbana Jurong to prepare the master plan for Mumbai 3.0. This 323.44 sq. km town will come up across Raigad district villages. Eknath Shinde said, "We are bringing to Maharashtra global expertise with a proven track record in shaping Singapore and urban developments across more than 16 cities."