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NSE pays markets regulator Sebi $4.6 million to settle data sharing case

NSE pays markets regulator Sebi $4.6 million to settle data sharing case

The National Stock Exchange of India has paid ₹40.35 crore ($4.6 million) to the markets regulator to settle a case involving the indirect sharing of confidential information on listed companies with a third-party vendor.

India's largest bourse operator shared the information with its unit NSE Data and Analytics Limited (NDAL) "for onward distribution to a 3rd party vendor, without having any legally binding agreement in place," the Securities and Exchange Board of India said in its settlement order on Friday.

Andhra Pradesh govt inks tourism project deals worth ₹500 crore

Andhra Pradesh govt inks tourism project deals worth ₹500 crore

Deals on tourism projects worth ₹500 crore were inked in the presence of Chief Minister N Chandrababu Naidu at Andhra Pradesh Tourism Investors Programme at Gandikota Fort in Kadapa district on Friday.

Andhra Pradesh Tourism Corporation inked these deals with Ease My Trip, Hilton Hotels and others for tourism projects at various locations.

Donald Trump orders two US nuclear submarines positioned near Russia

Donald Trump orders two US nuclear submarines positioned near Russia

US President Donald Trump on Friday said he had ordered two nuclear submarines to be positioned in regions near Russia in response to threats from former Russian President Dmitry Medvedev.

"I have ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that," Trump said in a social media post that called Medvedev's statements highly provocative.

EC to release Bihar draft electoral rolls today amid exclusion concerns

EC to release Bihar draft electoral rolls today amid exclusion concerns

The Election Commission (EC) is all set to publish the draft electoral rolls for Bihar on Friday following the completion of a month-long Special Intensive Revision (SIR) exercise ahead of the upcoming Assembly polls.

This would also kick off the process of "claims and objections", which would continue till September 1, and during the period, voters with complaints of wrongful deletion of names can approach the authorities concerned seeking a remedy.

Shah to move resolution in RS for extension of President's rule in Manipur

Shah to move resolution in RS for extension of President's rule in Manipur

Rajya Sabha is set to take up significant legislative and procedural business, including a statutory resolution seeking the extension of President's Rule in Manipur and the consideration of the Carriage of Goods by Sea Bill, 2025.

Union Home Minister Amit Shah will move a resolution for approval of the continuance in force of the Proclamation dated February 13, 2025, in respect of Manipur, issued under Article 356 of the Constitution by the President.

Cabinet clears ₹11,169 crore for railway multitracking across six states

Cabinet clears ₹11,169 crore for railway multitracking across six states

The Union Cabinet on Thursday approved four major railway multitracking projects totalling ₹11,169 crore across 13 districts in six states. The approved routes are the Itarsi–Nagpur fourth line, Aurangabad (Chhatrapati Sambhajinagar)–Parbhani doubling, Aluabari Road–New Jalpaiguri third and fourth lines, and Dangoaposi–Jaroli third and fourth lines.

Trump team 'frustrated' with India over trade, says US Treasury Secy

Trump team 'frustrated' with India over trade, says US Treasury Secy

US Treasury Secretary Scott Bessent on Thursday expressed dissatisfaction with India’s approach to trade negotiations, saying President Donald Trump and his trade team have grown “frustrated.”

This comes a day after Trump announced a 25 per cent tariff on all imports from India starting August 1, along with an unspecified penalty for India’s continued purchases of Russian oil and military hardware.

ED summons Anil Ambani in ₹10,000 crore loan diversion probe after raids

ED summons Anil Ambani in ₹10,000 crore loan diversion probe after raids

Chairman of the Reliance Group, Anil Ambani, has been summoned by the Enforcement Directorate (ED) to appear for questioning on August 5 in connection with a money laundering case involving alleged loan fraud and diversion of over ₹10,000 crore by his group companies.

According to a report by news agency PTI, citing sources familiar with the matter, the 66-year-old industrialist has been asked to appear at the ED’s headquarters in Delhi.

India stays firm on Russia ties, farm sector as Trump imposes fresh tariffs

India stays firm on Russia ties, farm sector as Trump imposes fresh tariffs

A day after US President Donald Trump announced a 25 per cent tariff and unspecified penalty on Indian goods starting August 1, top government officials met to deliberate India’s response. With broad consensus on avoiding retaliation, officials reiterated New Delhi’s commitment to protecting its national security interests and agriculture sector.

Government sources admitted surprise at the announcement, which came while negotiations were ongoing. A US trade team was scheduled to visit New Delhi on August 25 for the sixth round of talks.

Tesla inks $4.3 bn LGES battery deal to cut reliance on Chinese imports

Tesla inks $4.3 bn LGES battery deal to cut reliance on Chinese imports

South Korea's LG Energy Solution (LGES) has signed a $4.3 billion deal to supply Tesla with energy storage system batteries, said a person familiar with the matter, as the US company looks to reduce reliance on Chinese imports due to tariffs.

The lithium iron phosphate (LFP) batteries will be supplied from LGES's US factory in Michigan, the person said on condition of anonymity because the details were not public.

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