India Industry and Business

Tata Group Faces Leadership Transition as Chandrasekaran Set to Step Down

Bold News Digital Aug 14, 2026

NEW DELHI, Aug 14: The Tata Group is heading towards a major leadership transition after N Chandrasekaran decided not to seek another term as chairman of Tata Sons, the holding company of the $280-billion conglomerate. His current tenure is scheduled to end in February 2027. Chandrasekaran informed Tata Trusts' nominee directors about his decision…

Vegetable Oil Imports Fall 7% in July as Crude Oil Share Climbs to 96%: SEA

Bold News Digital Aug 14, 2026

New Delhi: India’s vegetable oil imports declined 7% year on year to 15.25 lakh tonnes in July 2026, compared with 16.48 lakh tonnes recorded in the same month last year, according to industry body the Solvent Extractors’ Association of…

BIz & Economy

Bank of America to Invest Up to Rs 18,000 Crore in Jio Credit

Bold News Digital Aug 13, 2026

NEW DELHI, Aug 13: Bank of America will invest up to Rs 18,000 crore in Jio Credit, the non-banking financial company arm of Jio Financial Services, under a strategic partnership aimed at expanding financial services in India. Under the…

BIz & Economy

Rupee Gains 10 Paise to 95.33 as RBI Dollar Sales Ease Pressure

Bold News Digital Aug 13, 2026

MUMBAI, Aug 13: The Indian rupee ended Wednesday 10 paise higher at 95.33 against the US dollar, supported by dollar sales believed to have been carried out by the Reserve Bank of India, even as higher crude oil prices weighed on the…

BIz & Economy

India Targets $1 Trillion Exports as Overseas Shipments Rise 15%

Bold News Digital Aug 13, 2026

NEW DELHI, Aug 13: India is targeting $1 trillion in exports this year after recording around 15 per cent growth in overseas shipments during the first four months of the current financial year, Union Commerce and Industry Minister Piyush…

BIz & Economy

Ford to Shift Lincoln Production From China to US Starting 2030

Bold News Digital Aug 13, 2026

DETROIT, Aug 13: Ford Motor Co. plans to move production of some Lincoln models from China to the United States beginning in 2030, Chief Executive Officer Jim Farley said, as the automaker responds to steep US tariffs and tighter…

BIz & Economy

Vrinda Kalari inaugurated at Kotli Balan – Udhampur gets its first Women-led Cooperative brand for…

Bold News Online Desk Aug 13, 2026

UDHAMPUR, AUGUST 12: Deputy Commissioner Udhampur Minga Sherpa today launched formalised, hygienic and mechanised Kalari Processing Unit under Vrinda Cooperative Private Limited, initiative funded by LBSNAA's Centre for Cooperatives and…

BIz & Economy

J&K Govt rolls out ‘JK Karigari’ to take UT’s authentic handicrafts to national, global markets

Bold News Online Desk Aug 13, 2026

NEW DEHLI, AUGUST 12: The Jammu and Kashmir government today launched “JK Karigari”, the official marketplace for authentic products from Jammu and Kashmir during the Bharatiya Vyapar Mahotsav which commenced here at Dehli. The move is a…

BIz & Economy

Rupee Slips to 95.38 Against US Dollar Amid Market Pressure

Bold News Digital Aug 12, 2026

MUMBAI, Aug 11: The Indian rupee weakened by 8 paise to open at 95.38 against the US dollar on Tuesday, reflecting continued pressure on the domestic currency from external market factors. The rupee had opened at 95.38 at the interbank…

BIz & Economy

RBI Governor Calls for Faster Adoption of AI in Banking

Bold News Digital Aug 12, 2026

MUMBAI, Aug 12: Reserve Bank of India Governor Sanjay Malhotra has urged banks and financial institutions to accelerate their investment in artificial intelligence, highlighting the technology's potential to reshape the country's financial…

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