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Business

Through The Economic Lens: GDP — Dare We Reinvent The Formula?

Mumbai: “Knowledge advances not by protecting old answers, but by daring to ask better questions.” India’s latest 7.8 percent real GDP growth has generated celebration, calculation and controversy. Yet beyond the arguments surrounding one quarter's number lies a question infinite...

Free Press JournalSep 7, 2026

Indian Space-Tech Startup Pixxel Raises $100 Million In Record Funding Round

Indian space technology startup Pixxel has secured $100 million in its Series C funding round, making it the largest single funding round raised by an Indian space-tech company. The investment highlights the growing confidence in India’s private space sector, which has expanded r...

Free Press JournalSep 7, 2026

Two Cheers To The Economy, However Nothing For People

Two pieces of macroeconomic news have brought cheer to the economy and financial markets. India clocked a surprisingly strong GDP growth of 7.8 per cent for the first quarter of the current fiscal year. The other good news for the economy is the record collection of 136 billion d...

Free Press JournalSep 6, 2026

Forget PIN Codes? How DIGIPIN Could Change The Way India Finds Addresses

India’s take on Shakespeare’s “What’s in a name?” could well be, “What’s in an address?” Every Indian who has looked for a house “near the big tree” or “behind the old shop” and been told to “just ask anyone” knows how finding a door can mean wading through stacks of descriptions...

Free Press JournalSep 6, 2026

Sacked driver turns on ex-boss, masterminds fake Income Tax raid for ₹1 crore

MUMBAI: A sacked driver goes on a revenge mode by turning on his former employer by feeding a group of impostors information about the businessman’s finances, helping them stage a four-hour Income Tax raid at his Andheri office, demanding ₹1 crore to settle alleged tax violations...

Hindustan Times — MumbaiSep 6, 2026

Tribunal restores residential status of Mahalaxmi project

Justices SS Shinde and Shrikant M Deshpande ruled that the MahaRERA approval to change the promoter and alter the project, earlier known as Orchid Turf View, was “bad in law” and granted “without appreciating and verifying the facts…”...

Hindustan Times — MumbaiSep 5, 2026

Omani Delegation Seeks Long-Term Investment Partnerships Amid Regional Tensions

“India and Oman are natural partners with a history of illustrious commercial civilizational and commercial ties spanning centuries. With the signing of a Comprehensive Economic Partnership Agreement (CEPA) between India and Oman, we have taken a step ahead in strengthening our f...

Free Press JournalSep 4, 2026

Adani Electricity conducts safety drive ahead of Dahi Handi

Adani Electricity Mumbai Ltd conducted an electrical safety awareness drive across its licence area on September 4 ahead of Janmashtami and Dahi Handi celebrations, urging organisers to follow safety measures and avoid unauthorised power connections. Company teams met Dahi Handi ...

Free Press JournalSep 4, 2026

Ganesh idol clay recycling gains ground across Maharashtra

A transformative initiative encourages the recycling of Ganesh idol clay, enabling thousands of families to dissolve their idols on rooftops rather than throwing them away. This reclaimed clay provides economic support to local sculptors and artisans. The movement is now branchin...

Times of India — MumbaiSep 4, 2026

ICICI Bank Challenges HDFC Bank, Nifty Weight Reaches All-Time High

Mumbai: ICICI Bank has reached a major milestone, with its weight in the Nifty 50 climbing to a record 9.45 percent at the close on September 2. The weight shows how a company influences the index. ICICI Bank’s share has risen by 113 basis points, or 1.13 percentage points, in th...

Free Press JournalSep 4, 2026

Payment Aggregators Seek RBI Extension For Merchant Re-KYC Deadline

Payment aggregators have approached the Reserve Bank of India (RBI) seeking an extension of the September 15 deadline for completing merchant re-KYC, as companies struggle to clear a large verification backlog among online and offline businesses. According to industry sources cit...

Free Press JournalSep 4, 2026

India’s Data Centre Boom May Add Just 0.13% To GDP By 2030, Says Moody’s

India’s rapidly expanding data centre industry may have strategic importance but is unlikely to significantly alter the country’s overall economic growth trajectory in the near term, according to a Business Standard report citing Moody’s Ratings. The rating agency estimates that ...

Free Press JournalSep 4, 2026

Sugar Cosmetics Faces 80% Valuation Fall, Know- What Went Wrong?

Mumbai: Sugar Cosmetics is raising Rs 140-150 crore from investor A91 Partners at a valuation of Rs 500-600 crore, according to an Economic Times report. The deal would mark a fall of more than 80 percent from the beauty brand’s peak valuation of around Rs 3,000 crore in 2022. Su...

Free Press JournalSep 4, 2026

Sensex, Nifty Jump In Early Trade As IT Stocks Lead Rally

Mumbai: Indian stock markets opened higher on Friday, September 4, supported by gains in information technology stocks and encouraging domestic economic data. The BSE Sensex climbed 515 points, or 0.68%, to 76,668 in early trade. The NSE Nifty 50 advanced 51 points, or 0.22%, to ...

Free Press JournalSep 4, 2026

Aditya Birla Group Launches Ultravolt, Makes ₹1,800 Crore Wires & Cables Push

Mumbai: The diversified Aditya Birla Group on Thursday entered the wires and cables business with a Rs 1,800 crore investment in the category. Chairman Kumar Mangalam Birla said the new business, christened 'Ultravolt ', is the third big business launch by the group in as many ye...

Free Press JournalSep 4, 2026

CBI Conducts Economic Offence Investigation Course For ITEC Member Countries

The Central Bureau of Investigation (CBI) conducted a one-week training course for officers from thirteen ITEC member countries from 27th August to 2nd September 2026 at its Academy at Ghaziabad. The training was organised through the Indian Technical and Economic Cooperation (IT...

Free Press JournalSep 3, 2026

POWERGRID Wins ₹1,152.49 Crore Bid, Project To Integrate 7,500 MW

Mumbai: Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder for an interstate power transmission project designed to integrate 7,500 MW of renewable energy from Gujarat’s Lakadia Renewable Energy Zone. The state-owned transmission company quot...

Free Press JournalSep 3, 2026