August 4, 2026

Business News

Business News news, latest updates, breaking stories, and in-depth coverage. Stay informed with real-time developments and insights.

Meta Hit With $375 Million Jury Verdict in Landmark Case That Could Reshape the Future of the Open Internet

A landmark US jury verdict has ordered Meta to pay $375 million in damages, raising questions about the future of the open internet and the potential implications for tech companies, innovation, and online services, as concerns over data privacy and platform responsibility come to the forefront.

India’s Finance Minister Nirmala Sitharaman to Introduce 53 Amendments to Finance Bill Ahead of New Tax Regime

India's Finance Minister Nirmala Sitharaman is set to introduce 53 amendments to the Finance Bill, which will have a major impact on the country's tax structure and new income tax regime, aiming to simplify taxation and reduce compliance burdens on taxpayers.

India Moves to Strengthen Natural Gas Infrastructure Amid Transition to PNG

India is moving to strengthen its natural gas infrastructure as part of a broader strategy to transition towards Piped Natural Gas (PNG), a cleaner and more efficient alternative to LPG, with the goal of reducing the country's carbon footprint and promoting a more sustainable energy mix.

UK Chancellor to Outline Economic Response to Iran War Amid Soaring Energy Prices

The UK government is set to address the rising global energy prices caused by the Iran war, with Chancellor Rachel Reeves scheduled to deliver a statement to MPs, outlining plans to prevent profiteering, secure nuclear power, and ensure energy security to mitigate the impact on the UK economy and households.

India’s Manufacturing Sector Slumps to 4.5-Year Low Amid US-Iran Tensions

The ongoing US-Iran tensions have taken a toll on India's private sector, with the manufacturing sector being the hardest hit, dropping to a 4.5-year low of 53.8, amid heightened uncertainty and volatility in the Middle East conflict.

European Union and Australia Seal Comprehensive Free Trade Agreement and Strengthen Defense Cooperation

The European Union and Australia have signed a landmark free trade agreement, aiming to boost bilateral trade and investment, and strengthen defense ties on counter-terrorism, cybersecurity, and maritime security, marking a significant milestone in their relationship.

Packaged Water Prices Surge as Raw Material Costs Rise Amid West Asia Conflict

The West Asia conflict has caused a significant rise in raw material prices, leading to a surge in packaged water prices, with manufacturers increasing the price of a 20-litre bubble-top container by ₹5 to offset rising input costs, affecting consumers who rely on packaged water for their daily needs.

Global Markets Rebound After Donald Trump Softens Iran Strike Threat; Oil Prices Drop, Gains Fade Later

The easing of tensions between the US and Iran has led to a significant recovery in global markets, with oil prices plummeting and government bond yields pulling back, as investors breathe a sigh of relief and markets return to a sense of normalcy.

India’s Defence Budget Under Scrutiny Amid Geopolitical Shifts and Rising Security Challenges

India's defence budget is facing intense debate as the country grapples with rising geopolitical tensions, security challenges, and the need for modernization, with experts questioning whether the current allocation is sufficient to meet emerging threats.