Business

Geologists confirm significant gold reserves in Jabalpur, Madhya Pradesh, potentially reshaping the region’s economic future. Source

India Business News: To boost maritime growth, the government is expanding the Maritime Development Fund to Rs 70,000 crore, supporting shipbuilding, port infrastructure, Source

India has become a global innovation hub for Uber, with products like Uber Bikes and Uber Intercity—developed locally—now being expanded to international markets. Uber India President Prabhjeet Singh also said the country is among the fastest-growing markets and welcomed the new MVAG 2025 guidelines. Source

Bollywood icon Kajol celebrated her 51st birthday, marking over 30 years in film. She has built a real estate empire worth Rs 180.5 crore, nearly 75% of her net worth. Source

India Business News: Prime Minister Modi’s GST 2.0 announcement, featuring rate cuts by Diwali, is hailed by tax experts as a strategic move to bolster the Indian economy. Source

HDFC Bank plans to reward shareholders with its first-ever bonus issue and a special interim dividend, to be discussed at the board meeting on July 19. This move signals strong reserves and a positive outlook for future growth, enhancing market liquidity. Source

Stock Market Updates Today: Among the top losers were Adani Ports, Reliance, Infosys, ICICI Bank, Eternal, and BEL falling by up to 2.02%. Source

India Business News: India faces a strategic dilemma as the US imposes a 50% tariff on most Indian goods, potentially costing India $50 billion. Options include negotiatio Source

FTA momentum and tariff cuts could lift India’s textile competitiveness: Elara Capital Source

AmbitionBox reveals Amazon salaries in India: Software Engineers earn Rs 25-35 Lakh annually, while Delivery Boys make Rs 1.5-4 Lakh per year. Source