Fitch Affirms India’s BBB- Rating, Says Domestic Economy Remains Strong

EconomyFitch Affirms India’s BBB- Rating, Says Domestic Economy Remains StrongAuthored by: Sakshi BajajUpdated Aug 11, 2026, 16:01 ISTFitch affirms India’s sovereign rating at BBB-, retains stable outlook. The rating agency flags high government debt and fiscal deficits as constraints. Fitch Affirms India’s BBB- Rating, Says Domestic Economy Remains Strong (File Image)Fitch Ratings has affirmed India’s…

Jindal Family Adds 70% In Wealth To Reach Rs 8.02 Lakh Crore: Hurun List

CompaniesJindal Family Adds 70% In Wealth To Reach Rs 8.02 Lakh Crore: Hurun ListAuthored by: Vikas KumarUpdated Aug 11, 2026, 16:38 ISTIndia’s top 300 family businesses have experienced significant growth, with their combined value reaching USD 1.46 trillion. Heavy industry and manufacturing sectors contributed the most to this increase, while technology and real estate faced…

HDFC Bank Share Price Hits Over 2-Year Low, Falls 12% in 2 Months

CompaniesHDFC Bank Share Price Hits Over 2-Year Low, Falls 12% in 2 MonthsAuthored by: Vikas KumarUpdated Aug 11, 2026, 17:31 ISTWhile foreign investors reduced their holdings for the fifth consecutive quarter, domestic institutional investors increased their stake to 41.9%.HDFC Bank’s share price hit an over two-year low.HDFC Bank’s share price hit an over two-year low…

JPMorgan To Continue Asia Hiring As Corporate Bank Growth Tops 20%

EconomyJPMorgan To Continue Asia Hiring As Corporate Bank Growth Tops 20%Authored by: Sakshi BajajUpdated Aug 11, 2026, 17:49 ISTJPMorgan Chase plans to maintain a similar pace of hiring across Asia-Pacific in 2027, following more than 20% growth in corporate banking revenue in the region this year.JPMorgan To Continue Asia Hiring As Corporate Bank Growth Tops…

Vodafone Idea Secures Rs 6,400 Crore From SBI-Led Banks After AGR Relief

CompaniesVodafone Idea Secures Rs 6,400 Crore From SBI-Led Banks After AGR ReliefAuthored by: Vikas KumarUpdated Aug 11, 2026, 18:27 ISTVodafone Idea shares rose by 3% after the company reported a reduced loss of Rs 3,754 crore for the first quarter of FY27.Vodafone IdeaVodafone Idea, the leading Indian telecom service provider, is set to raise funds…

India’s Purchase Of Russian Crude Oil Reaches Fresh Record High In July

EconomyIndia’s Purchase Of Russian Crude Oil Reaches Fresh Record High In JulyAuthored by: Vikas KumarUpdated Aug 11, 2026, 19:16 ISTIndia has significantly diversified its energy sources, now sourcing liquefied natural gas from 15 countries and crude oil from 41. Purchases of Russian crude oil by India remained on a higher levels (PTI Photo)Photo : PTIThe…

Net Direct Tax Collections Up By 23.09% To Rs 8.11 Lakh Crore As Of August 10

EconomyNet Direct Tax Collections Up By 23.09% To Rs 8.11 Lakh Crore As Of August 10Curated by: Vikas KumarUpdated Aug 11, 2026, 20:01 ISTCorporate tax collections rose to Rs 3.80 lakh crore, while non-corporate taxes increased to Rs 5.41 lakh crore. Additionally, Securities Transaction Tax collections climbed significantly, although other tax collections showed a slight…

Apple Pay Likely To Be Launched In India Soon, UPI Unlikely Initially

EconomyApple Pay Likely To Be Launched In India Soon, UPI Unlikely InitiallyCurated by: Vikas KumarUpdated Aug 11, 2026, 20:23 ISTUsers can make contactless payments at NFC-enabled terminals by adding card details to Apple Wallet. Apple is negotiating transaction fees with banks, aiming for 15-20 basis points per transaction.Apple Pay on its way to India? (Pic…