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ICAI Council clears new financial statement format for businesses; businesses may adopt by FY28

New Delhi, Aug. 1 -- The way Indian companies present their profit and loss statements is set for a makeover, one that could provide investors with a clearer picture of what's driving profits and wher... Read More


Adani Power Q1 Results: Net profit falls 15.5% to Rs.3,305.13 crore, revenue down 5.6%; stock split announced

New Delhi, Aug. 1 -- Adani Power announced its results for the quarter ended June 2025 (Q1FY26) today, August 1. The power stock's consolidated net profit fell 15.5 percent to Rs.3,305.13 crore in Q1F... Read More


Govt pushes for greater private sector role in innovation, national development: Jitendra Singh

New Delhi, Aug. 1 -- In a strong endorsement of public-private collaboration, Union Minister Jitendra Singh on Friday said the Central government under Prime Minister Narendra Modi has shown its openn... Read More


Reclaiming trust in identity: The quiet transformation of Nigeria's NIMC, By Lemmy Ughegbe

Nigeria, Aug. 1 -- For many years, the National Identity Management Commission (NIMC) was a monument to bureaucratic inertia - a symbol of Nigeria's perennial struggle with public sector dysfunction. ... Read More


Small-cap stock under Rs.50: NBFC declares board meeting to consider fundraising. Details here

Stock Market Today, Aug. 1 -- Small-cap stock under Rs.50: An NBFC has declared a board meeting to consider fundraising. Details here about Paisalo Digital Limited Paisalo Digital, on Thursday, 31 Ju... Read More


Sensex, Nifty Open Lower On Economic Concerns

India, Aug. 1 -- Indian shares were a tad lower on Friday due to concerns over U.S. tariffs and the likely impact on the country's GDP growth. The benchmark BSE Sensex was down 192 points, or 0.2 per... Read More


NBCC Inks MoU with Department of Post for land redevelopment across India

Mumbai, Aug. 1 -- According to an exchange filing, the agreement was formalized on 30 July 2025. Under the arrangement, NBCC will execute the projects using its self-sustainable redevelopment model. A... Read More


Tinubu endorses ward-based development strategy for Nigeria's 8,809 Wards

Nigeria, Aug. 1 -- President Bola Ahmed Tinubu has endorsed a new ward-based development approach aimed at accelerating grassroots development and lifting millions of Nigerians out of poverty. The in... Read More


Musk, a social media powerhouse, boosts fortunes of hard-right figures in Europe

New Delhi, Aug. 1 -- Hard-right commentators, politicians and activists in Europe have uncovered a secret to expanding their influence: engaging with Elon Musk. Take the German politician from a part... Read More


India services exports up around 12% in Jun-25, service imports up nearly 5%

Mumbai, Aug. 1 -- Reserve Bank of India (RBI) stated in a latest update that during June 2025, services exports came in at US$ 32.10 billion, up 12% on year while services imports gained by 5% on year... Read More