Business

India Business News: Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a consolidated net loss of Rs 272 crore for Q1 FY26, a reversal from last year’s Rs 66 crore Source

India’s Aircraft Accident Investigation Bureau (AAIB) has released a preliminary report into the crash of Air India flight AI171. Source

Sujith S S, Founder of MoneyDhan.com, simplifies stock valuations using a real estate analogy in a viral LinkedIn post, sparking praise and criticism. Source

India Business News: NEW DELHI: Non-fossil fuel sources now make up half of power generation capacity, a milestone the country has achieved five years ahead of the target . Source

The BSE’s 30-share Sensex surged 2.1 per cent, or 1577.63 points, to close at 76,734.89. The broader Nifty 50 rallied 2.19 per cent, or 500 points, to finish at 23,328.55. Source

ETFs are more tax-efficient with fewer taxable events, while mutual funds need frequent rebalancing, leading to more taxable events. Source

International Business News: The US government has imposed a 17% import duty on most fresh tomatoes from Mexico. This decision aims to protect the American tomato industry. Talks Source

As per the circular, the company has allocated 1.78 crore equity shares to 60 funds at ₹570 apiece, which is the upper end of the price band. This aggregates the transaction size to ₹1,016 crore. Source

Indian government approves 8th Pay Commission to revise salaries and pensions for over 1 crore employees and retirees, effective January 1, 2026. Source

India Business News: India’s retail inflation plummeted to a 77-month low of 2.1% in June, primarily driven by a significant moderation in food inflation. This decline has Source