Business

JioBlackRock Asset Management launches five new index funds in its latest NFO, offering diversified options for retail investors. Subscription open August 5-12. Source

India Business News: Prime Minister Modi unveiled an ambitious plan to achieve energy self-reliance for India, emphasizing nuclear power expansion with ten new reactors an Source

The risk aversion of formal lenders like banks stands between policy prescriptions for wider credit for micro, small, and medium enterprises and actual execution. Source

Triveni Turbines shares fell 9% intraday on weak Q1 results, with a 20% YoY decline in profit to Rs 371.3 crore. Domestic and export segments showed weakness. Source

Amazon.com Inc.’s Prime Day sales fell almost 14% in the first four hours of the event compared with the start of last year’s sale, according to Momentum Commerce, which manages 50 brands in a variety of product categories. Prime Day stretches over four days this year, up from two in 2024, making year-over-year comparisons tricky.…

Umesh Agarwal’s ChinaSeImport.com aids Indian traders in importing goods from China, offering visa support, factory inspections, and sourcing quality products for high profits. Source

India Business News: Following Bangladesh’s decision to allow duty-free rice imports, Indian rice prices have surged by up to 14% in two days. Traders are rapidly exportin Source

When the Paris Agreement on climate change was signed in 2015, India had committed to reaching 40 per cent non-fossil fuel capacity by 2030. This target was raised to 50 per cent in 2022. Source

‘India’s momentum is driven by a virtuous trifecta — resilient capital markets, a dynamic consumer base, and a globally competitive workforce,’ says Deloitte India. Source