Business

Business

‘Mental age’ of 8 or 9 years cannot automatically mean adult woman lacks sexual capacity: Gauhati HC acquits rape convict

Justice Sanjeev Kumar Sharma allowed the appeal filed by P. Rohmingsanga and set aside the judgment dated June 18, 2024, by which the Sessions Court, Lunglei Judicial District, had convicted him under Section 376(2)(l) of the Indian Penal Code and sentenced him to 10 years’ rigorous imprisonment and a fine of Rs 3,000.

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Business

How Venezuela has emerged as a key oil supplier to India amid Hormuz disruptions

Venezuela has emerged as a much larger supplier to India in August till now, with imports rising sharply and placing the South American producer fourth in India’s crude supply rankings, Kpler data showed.

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Business

US stock market today: Wall Street rises as bond market steadies

Most US companies have delivered stronger-than-expected spring earnings, helping fuel the stock market’s recent advance to record levels. Over longer periods, stock prices generally tend to track the direction of corporate profits.

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Business

Chinese stake rules eased: India sees 29 FDI proposals worth Rs 4,895.65 crore; check details

The 29 investment proposals have come from investors and entities based in several jurisdictions, including Mauritius, the US, South Korea, Japan, Singapore, Luxembourg and the Cayman Islands.

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Business

Middle East, Russia crisis: India new ‘swing supplier’ for refined oil products. Can it sustain?

Oil products now account for a much larger share of India’s exports to several destinations. India has about 258.1 million tonnes of installed refining capacity across 23 refineries. It is the fourth-largest refining centre globally after the US, China and Russia.

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Business

SBI cash withdrawal rules change from October 1: Rs 15 fee after four free transactions

SBI customers will face charges for cash withdrawals exceeding four free monthly transactions. A fee of Rs 15 plus GST applies to Basic Savings Bank Deposit accounts. Digital transactions remain free, and Aadhaar Enabled Payment System transactions are now counted. Interest rates on bulk term deposits were revised earlier this month. SBI reported a profit

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Business

Why India is betting $1.2 billion on homegrown construction equipment

India plans a $1.2 billion incentive scheme for advanced equipment manufacturing. This initiative aims to reduce reliance on China for critical machinery. The government expects fresh investment and domestic production growth over seven years. The scheme will cover tunnel boring machines and fire-fighting equipment. This move supports India’s growing infrastructure development needs.

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World’s most powerful: Indian Railways eyes 35 hydrogen trains; looks at cheaper green fuel

India currently has the world’s most powerful hydrogen train in operation and has also established a dedicated facility for manufacturing and supplying hydrogen for the train. The initial target is to deploy 35 hydrogen-powered trains on heritage routes.

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Business

Gold price prediction: Gold is rally, but should you buy? Check August 21, 2026 outlook

MCX Gold October futures continue to trade with a firm bullish bias, with prices holding near Rs 1,60,900 after extending their recent uptrend. The chart shows a clear sequence of higher highs and higher lows, supported by positive moving-average alignment and sustained buying interest.

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Business

SIM card rules 2026: What changes from Aug 24 & how many connections can you have

Telecom providers must stop individuals from obtaining more than nine mobile connections. A new system starts August twenty-fourth, initially verifying connections post-facto. Operators will use subscriber photos from the Digital Intelligence Platform for checks. Real-time identification and prevention of excess connections are mandated by November thirtieth. This aims to enforce existing limits across all licensed

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