Global trade shifts present an opportunity for India's textile sector. US-China trade changes benefit Indian businesses. Orders are diverting to India. But India faces challenges like high cotton prices and logistics issues. Government support and focus on sustainability are crucial. Improving infrastructure and quality are essential for India to succeed. India needs to address these challenges to seize the moment.

Nayara Energy faces challenges due to sanctions linked to Rosneft's stake. The company is offering its petrol and diesel export volumes to Indian Oil Marketing Companies. Refinery run rates have been reduced to around 80 per cent.

Several major auto companies, including Tata Motors and Mahindra & Mahindra, have already submitted claims. While automakers are progressing well, concerns remain regarding auto component manufacturers meeting the scheme's objectives.

The National Stock Exchange of India has agreed to pay Rs 40.35 crore to settle charges related to the indirect sharing of confidential information on listed companies with a third-party vendor, the Securities and Exchange Board of India (Sebi) said on Friday.

Apple and other global companies are optimistic about India's economic recovery. Apple's revenue grew, driven by smartphones, Macs, and services. New Apple retail stores will open in India. Other companies like Coca-Cola, Unilever, and Domino's are also investing more in India. Demand is reviving after a slowdown. Smartphone manufacturing in India is increasing. The Indian smartphone market is experiencing growth.

Avax Apparels and Ornaments Ltd. has appointed Vikas Arora as Chief Financial Officer, effective August 1, 2025. He replaces Rajesh Singla, who resigned from the role on July 18, 2025 due to personal reasons.

Capri Global Capital Ltd. has appointed Kishore Lodha as its Chief Financial Officer and Key Managerial Personnel, effective August 1, 2025. He replaces Partha Chakroborthi, who will step down from the role on the same day.

The Institute of Chartered Accountants of India (ICAI) is collaborating with regulators like Sebi and RBI to create an early-warning system aimed at proactively detecting and preventing scams and frauds, initially targeting listed companies. This initiative follows recent auditor lapses and financial irregularities. Furthermore, ICAI has set a limit of 60 tax audits per partner in an accounting firm annually.

The Reserve Bank of India (RBI) is projected to keep repo rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting on August 6, a report said on Friday.

India’s white-collar job market grew 7% YoY in July, driven by strong hiring in non-IT sectors like hospitality (+26%), insurance (+22%), and education (+16%). Fresher hiring rose 8%, with a 35% jump in education alone. While IT hiring remained flat, AI-ML roles surged 41%. High-paying jobs (₹20L+ bracket) grew 21%, led by data science (+40%).

India’s GST collections for July 2025 rose to Rs. 1,95,735 crore, marking a 7.5% year-on-year increase, driven by growth in both domestic and import revenues. Net GST collections stood at Rs. 1,68,588 crore, reflecting a modest 1.7% rise from July 2024. Maharashtra led state-wise collections, while July also marked one year since the data release shifted to the official GST portal.

Vedanta aims to reduce its cost of financing by at least 1 percentage point during the current fiscal year, bringing it down to around 8.5%, according to CFO Ajay Goel. The cost has already dropped from 9.6% in March to 9.2% in June.

The draft rules also propose the formation of a social security fund and the formalisation of compensation for workers in cases of accidents and maternity benefits.

Swiggy reported a doubled net loss of ₹1,197 crore for the April-June quarter, with a cash burn of ₹1,053 crore amid intense quick commerce competition. Despite a 54% increase in operating revenue to ₹4,961 crore, Instamart's losses persisted. Swiggy plans to sell its 12% stake in Rapido due to the latter's entry into food delivery.

Swiggy said it was "actively re-evaluating" its investment in urban mobility startup Rapido. The company further highlighted that Rapido's entry into food delivery could present a potential conflict of interest.

Samsung partners with Startup India to empower young innovators, especially in smaller cities. The 'Solve for Tomorrow' initiative will collaborate with Startup India's ecosystem. This partnership aims to identify and nurture talent by providing infrastructure and expert guidance. It will also offer market linkages and funding opportunities. The goal is to support government initiatives like Skill India and Digital India.

India's economy is on a strong growth path, and the recent 25 per cent tariff announcement by US President Donald Trump should be seen as a short-term challenge rather than a roadblock, Raymond Vickery, Senior Associate at the Centre for Strategic and International Studies (CSIS) and former US Assistant Secretary of Commerce said on Friday.

Volvo Car India is open to introducing plug-in hybrid vehicles in the Indian market if the tax structure becomes more favorable, according to Jyoti Malhotra, Managing Director. The company recently launched the refreshed XC60, assembled in Bengaluru, and views the entry of new players like Tesla positively, believing it will popularize electric vehicles and offer Indian customers more choices.

The new tariffs imposed by the United States are expected to significantly impact American households, with average bills likely to rise by around USD 2,400 in the short term due to inflation driven by these tariffs, according to a research report by the State Bank of India (SBI).

Economies in the region, heavily reliant on industrial production and exports, face uncertainty due to trade policy impacts.