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Compliance Audit: Six Hidden Costs of Non-Compliance Businesses Can’t Ignore

When leadership teams assess the risk of non-compliance, they almost always benchmark it against historical penalty amounts. A particular violation may attract a fine of a few lakhs, while another default carries only a modest penalty. At first glance, the amount seems manageable. However, this benchmark is outdated. Monetary penalties account for...

August 17, 2026: MeitY Approves 31 Electronics Manufacturing Applications Worth ₹7,877 Crore; India Take 178-Run Lead Against Sri Lanka

August 17, 2026: The government approved 31 additional applications under the Electronics Components Manufacturing Scheme with a projected investment of ₹7,877 crore and more than 9,500 expected jobs, while India took a commanding 178-run lead over Sri Lanka on Day 3 of the first Test in Galle.Top Business, Sports & Economy HeadlinesMeitY Approves...

PHDCCI SME Market Sentiment Index Round 5: SME Business Activity Improves Moderately; Outlook Turns More Positive for Q2 FY2026-27

The PHD Chamber of Commerce and Industry (PHDCCI) has released the fifth round of its SME Market Sentiment Index (SMESI), indicating continued expansion in business activity among India’s manufacturing SMEs during April–June 2026, alongside a moderately improved outlook for the July–September 2026 quarter. The SMESI, comprising the SME Business Act...

Crypto Market Update: Bitcoin, Ether, Solana Lead Gains on August 17, 2026

August 17, 2026: Major cryptocurrencies traded higher on Monday, with Bitcoin rising 0.95% to $63,421, while Ether gained 1.62% to $1,904.44. Solana advanced 1.23% to $75.46, XRP climbed 1.17% to $1.0037, and Cardano rose 1.20% to $0.1768.Among other major tokens, Polkadot gained 0.96%, Avalanche 0.80%, Litecoin 0.75%, Cosmos 0.54%, Binance 0.26%,...

Reliance Industries, Rolls-Royce Partner to Develop Indigenous AMCA Combat Engine

London / Mumbai, 14th August 2026: Reliance Industries Limited (Reliance) and Rolls-Royce (LSE: RR., ADR: RYCEY) today announced their strategic intent to partner and offer capabilities for the design, development, manufacturing and delivery of a sovereign indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme. As par...

EbixCash, MSRTC scale contactless transit payments as registrations cross 1 crore

India, 14 August 2026: EbixCash, a leading digital financial services provider, and the Maharashtra State Road Transport Corporation (MSRTC) have crossed a significant milestone in their National Common Mobility Card (NCMC)partnership. As of 12th August 2026, the programme crossed 1 crore card registrations and nearly 66 lakhs activated cards.The N...

August 13, 2026: India’s Exports Surge 13.3% to $80.14 Billion in July; NITI Aayog Identifies 12 Priority Sectors for Manufacturing

August 13, 2026: India’s total exports, including merchandise and services, rose 13.3% year-on-year to an estimated $80.14 billion in July, while NITI Aayog identified 12 priority sectors with potential to strengthen India’s position as a global manufacturing hub.Top Business & Economy HeadlinesIndia’s Exports Rise 13.3% to $80.14 Billion in JulyIn...

Nifty Next 50 Losers: ZYDUSLIFE slips 2.65%, DIVISLAB drops 2%, SHREECEM falls 1.64% on 13 August 2026

Market Recap – 13 August 2026 | The News StrikeNifty Next 50 stocks closed lower on 13 August 2026.ZYDUSLIFE recorded the sharpest fall at 2.65%.DIVISLAB declined 2% and SHREECEM fell 1.64%. Market Movers TodayStockLTP% ChangeOpenHighLowVolumeZYDUSLIFE1173.1−2.6512011202.91170390630DIVISLAB8428−2.008539.58539.58423.598121SHREECEM25150−1.6425570255...

August 12, 2026: Sitharaman Calls BRICS Economies Global Growth Engines; India’s Retail Inflation Rises to 4.45%

August 12, 2026: Union Finance Minister Nirmala Sitharaman said BRICS economies are major engines of global growth and called for public capital to catalyse private investment, while India’s retail inflation rose to 4.45% in July, remaining above the RBI’s 4% target for the second consecutive month. Top India HeadlinesSitharaman Says BRICS Economie...

CPI (provisional) for July 2026 (Y-o-Y) reaches 4.45% as below-average rainfall and prolonged geopolitical tensions continue to mount pressure on supply chains, says PHDCCI

All India Consumer Price Index (CPI) with base year 2024 for the month of July, 2026 over July, 2025 is 4.45% (provisional). This lies below the PHDCCI forecast of 5.35% for the month of July 2026, computed as on March 2026. The CPI Inflation Year - on- Year (Y-o-Y) has been steadily rising for the past 6 months (base year 2024), starting from 2.74...