Category: Business

New Delhi: Food prices have remained stable despite a rainfall deficit in several parts of the country, according to a recent report.

The report said adequate buffer stocks, smooth supply chains, and timely market interventions have helped maintain price stability in essential commodities. While uneven monsoon rainfall has raised concerns in some regions, there has been no significant disruption in overall food availability.

Officials added that the situation is being closely monitored to ensur

New Delhi, July 6: Food prices have remained broadly stable despite a rainfall deficit in several parts of the country, according to a recent assessment report on inflation and supply conditions.

The report highlighted that adequate buffer stocks of key staples, along with efficient supply chain management, have helped cushion the impact of uneven monsoon rainfall on market prices. Strong procurement operations in previous seasons and steady distribution through government channels have also contributed to maintaining overall price stability.

While some regions have reported below-normal rainfall, the report noted that there has been no major disruption in the availability of essential food items such as cereals, pulses, and vegetables at the national level. Temporary local fluctuations in prices were observed in certain areas, but these have remained limited and short-lived.

Officials stated that ongoing monitoring of rainfall patterns, crop conditions, and market supply is being carried out to prevent any potential inflationary pressures. They added that contingency measures are in place to ensure adequate supply if weather-related disruptions persist in the coming weeks.

e continued stability in supply and to prevent any inflationary pressure in the coming weeks.

New Delhi, July 06: There is a particular sound that belongs to Gujarat alone. It is the sound of a steel dabba being opened in the evening, just as the kites come down from the sky and the chai goes up on the stove. It is the sound of methi para crunching between fingers stained with turmeric, of chiwda being poured into cupped palms while someone tells the same old story about a boat ride at Bedi Bandar.

Patang, the brand built on reviving India’s forgotten regional snacks, is bringing that sound back with the launch of two new flavours: Amdavadi Methi Para and Jamnagari Chiwda.

For a brand named after the kite, a Gujarat launch was never just a business decision. It is a homecoming. Ahmedabad gave the world the image of a sky stitched with colour every Uttarayan, and Jamnagar gave it a coastline where the day begins with fishing boats and ends with a plate of something salty and spiced.

Amdavadi Methi Para draws its character from the old city itself, the fenugreek biting gently against a base that has been rolled, cut and fried the way grandmothers in Ahmedabad have always done it. Far from needing reinvention, this timeless snack simply required a conscious choice to shield its heritage from the rush of modernity.

Jamnagari Chiwda takes its cue from the coastal town’s love for a mix that is savoury, layered and endlessly moreish, the kind that appears at every wedding, every festival and every unplanned visit from a neighbour. Patang has resisted the temptation to smooth out its edges, choosing instead to keep the texture and heat exactly as Jamnagar intended.

Both packs arrive with the same promise Patang has made to every region it has touched so far: no bad oils, no additives, no preservatives, and nothing on the ingredient list that needs a dictionary to understand.

Speaking on the launch, Founder and CEO, Shoury Gupta, said: “We are usually a restrained company. Not this week. These two have been on our wishlist since the day we chose a kite for a name; you cannot call yourself Patang and not go to Gujarat. The Amdavadi Methi Para and Jamnagari Chiwda are made the way they have always been made: honest methods and traditional recipes. Getting them right took time. Getting to launch them together, I won’t pretend we’re calm about it.”

The launch continues Patang’s approach of anchoring each product to a specific geography rather than a generic idea of “Indian flavours.” The brand sources from the origin of each recipe, believing that a snack’s character comes as much from where it is made as from what goes into it. This is also a philosophy that Patang has carried since its first day. Founded on the discomfort of watching familiar snacks lose their familiarity, one flavour at a time, the brand has consistently chosen the slower, harder route in sourcing and production over the faster one. Amdavadi Methi Para and Jamnagari Chiwda are the latest proof of that choice.

The flavours are now available on the Patang website, thepatangstory.com, and are being rolled out over the coming days across the brand’s wider network, including Blinkit, Swiggy Instamart, Amazon Now, and Le Marché, alongside Patang’s other marketplace and modern trade partners.

Mumbai, July 6: Indian equity markets opened on a positive note on Monday, supported by improving monsoon conditions and sustained foreign institutional investor (FII) inflows, boosting overall market sentiment.

Benchmark indices traded higher in early sessions as investor confidence strengthened on expectations of better rural demand and stable macroeconomic conditions. Market participants noted that the revival of monsoon activity is likely to support agricultural output, which in turn could lift consumption-driven sectors.

Foreign institutional investors continued to show buying interest in Indian equities, adding to the upward momentum and reinforcing optimism about the country’s growth outlook amid global market uncertainty.

Analysts said the combination of domestic weather-driven optimism and steady foreign inflows has helped improve risk appetite in the near term, even as investors remain watchful of global economic cues, interest rate trends, and commodity price movements.

Broader market sentiment remained firm, with sectoral gains led by financials, auto, and consumption-related stocks.

Market experts expect volatility to persist but believe that underlying fundamentals, including rural recovery and liquidity support, may continue to provide stability in the coming sessions.

New Delhi, July 6: India has emerged as a strong contrarian investment opportunity within emerging markets, according to a recent report that highlights the country’s relative economic resilience and long-term growth potential.

The report notes that while several emerging economies are facing headwinds from global uncertainty, inflationary pressures, and uneven capital flows, India continues to stand out due to its strong domestic demand, stable macroeconomic fundamentals, and ongoing structural reforms.

Analysts suggest that India’s growth story is being supported by robust consumption trends, expanding manufacturing capacity, and sustained infrastructure development, positioning the country as a preferred destination for long-term investors seeking stability amid global volatility.

The findings further indicate that India’s improving financial ecosystem, policy continuity, and digital transformation initiatives are strengthening investor confidence, even as global markets remain cautious.

Experts quoted in the report describe India as a “contrarian bet” because it is outperforming expectations relative to broader emerging market trends, driven largely by domestic economic strength rather than external demand.

The report concludes that India’s medium- to long-term outlook remains positive, with continued opportunities in sectors such as manufacturing, technology, infrastructure, and financial services.

New Delhi, July 6: India’s automobile retail sector recorded its strongest-ever performance for the month of June, with vehicle sales crossing 25.5 lakh units, marking a robust 21.83 per cent year-on-year growth, according to the latest industry data.

The impressive sales performance reflects sustained consumer demand, improved vehicle availability, favourable financing conditions, and rising economic confidence across both urban and rural markets. Growth was witnessed across multiple vehicle segments, including passenger vehicles, two-wheelers, commercial vehicles, and three-wheelers, highlighting the sector’s broad-based recovery.

Industry stakeholders attributed the record-breaking June performance to increased customer demand, a healthy supply chain, and continued infrastructure development, which have collectively strengthened the country’s automotive market.

The strong retail momentum is expected to provide a positive outlook for the coming months, with manufacturers and dealers anticipating continued demand supported by festive season purchases, expanding mobility needs, and improving market sentiment.

The latest figures underscore the resilience of India’s automobile industry and its significant contribution to the country’s manufacturing sector, employment generation, and overall economic growth.

Industry experts believe the record June sales reinforce India’s position as one of the world’s fastest-growing automobile markets and signal sustained momentum for the sector in the months ahead.

Hyderabad, July 06: Jos Alukkas, a trusted name in quality, innovation, and trendy jewellery in India, is hosting an exclusive exhibition of world-class diamonds – ‘Signature Jewellery Show’ from 4th to 26th July 2026, at their showroom at Chaitanyapuri Main Road.

At the show, customers can explore an exquisite collection of natural diamond jewellery from across the world, each piece meticulously crafted with precision and certified by internationally recognized laboratories. The expo will showcase Jos Alukkas’ unique and contemporary designs spanning intricately crafted necklaces, statement earrings, and bespoke bridal sets.

At the expo, customers can avail special offers – 25% discount on diamonds and get a 500mg gold coin free per carat purchased. The exclusive offer is valid till 9th July 2026. Additionally, customers can exchange their old 22KT gold for Diamond jewellery at 0% loss.

Speaking about the Signature Jewellery Show, Mr. Paul Alukkas, Managing Director, Jos Alukkas, said, “We are honoured to host our Signature diamond and fine jewellery collection in Hyderabad, a city that deeply values our commitment to quality, artistry, and timeless style. We have curated an exceptional jewellery shopping experience featuring exquisite diamond jewellery that reflects our passion for craftsmanship and innovation. The trust of our customers continues to inspire us to evolve while staying rooted in our rich heritage, and our latest collections celebrate the perfect harmony of classic craftsmanship and contemporary elegance.”

A range of unique artistic pieces will be on display and made available for purchase, making this a delight for jewellery connoisseurs and collectors. The showcase also offers customization services, allowing customers to personalise pieces to suit their individual style and preferences. 

New Delhi, July 04: Ahead of Galaxy Unpacked, Samsung has begun rolling out a playful series of teaser films across its social channels that offer the first hints of the brand’s next direction for foldables. The short videos, featuring everyday objects such as chocolate bars, pizza slices, a squeegee, a dalgona sweet, a puzzle and the Taj Mahal — appear whimsical at first glance. Look closer and a consistent shape and ratio runs through each clip, suggesting a deliberate design language and a clear signal of what’s next for Galaxy foldables. 

Since the original Galaxy Fold, Samsung has continuously broadened the foldable category to suit evolving ways people work, create, communicate, discover and consume content. The teasers underscore that ongoing evolution: rather than a single form or feature, Samsung’s foldable strategy emphasises choice — different formats, new interactions and richer experiences designed for real-world use.

The teaser campaign aligns with Samsung’s long-term approach: marry engineering innovation with consumer insight to make foldable experiences not only possible but genuinely useful. Over successive generations, Samsung has expanded the Galaxy Z lineup with designs and features that address productivity, creativity and self-expression. The latest hints suggest that the company will continue to extend that range — providing customers with greater choice in size, aspect ratio and interaction models.

July 4: Gold prices recorded their first weekly gain since May, supported by easing concerns over additional US Federal Reserve rate hikes and improved investor sentiment in global markets.

The precious metal benefited from expectations that interest rates may remain steady in the near term, reducing pressure on non-yielding assets like gold. This shift in outlook encouraged renewed buying interest from investors seeking safe-haven assets amid ongoing global economic uncertainty.

Market participants noted that the softer tone on monetary tightening helped stabilize demand for gold, while fluctuations in the US dollar and bond yields also contributed to price movements during the week.

Analysts believe that gold may continue to attract support if expectations of prolonged high interest rates further diminish. However, they also caution that upcoming economic data and central bank signals will remain key drivers of price direction.

Overall, the weekly performance reflects improving sentiment in commodity markets and growing investor confidence in gold as a hedge against global financial uncertainty.

July 4: India and Israel have reached a significant milestone in their economic relationship with the entry into force of a landmark bilateral investment agreement, paving the way for stronger investment flows, enhanced business collaboration, and greater economic cooperation between the two nations.

The agreement establishes a modern and transparent framework for promoting and protecting investments, providing greater confidence to businesses and investors seeking opportunities in both markets. By ensuring a stable and predictable investment environment, the pact is expected to encourage long-term capital flows and facilitate deeper commercial engagement across strategic sectors.

The implementation of the investment agreement is anticipated to unlock new opportunities in areas such as technology, innovation, manufacturing, agriculture, healthcare, renewable energy, cybersecurity, defence, and digital infrastructure. Businesses from both countries are expected to benefit from improved investment security, streamlined regulatory processes, and enhanced market access, fostering stronger cross-border partnerships.

India and Israel have steadily expanded their strategic relationship over the years, with economic ties emerging as a key pillar of bilateral cooperation. The new investment framework reflects the shared commitment of both governments to strengthening trade, promoting innovation-driven growth, and supporting sustainable economic development through increased private-sector participation.

Industry leaders believe the agreement will further boost investor confidence by reducing investment risks and creating a more predictable business environment. The pact is also expected to encourage joint ventures, technology transfers, research collaborations, and greater participation by startups and emerging enterprises, reinforcing the innovation ecosystems of both countries.

As global businesses continue to diversify investments and strengthen international partnerships, the agreement positions India and Israel to capitalize on new growth opportunities while expanding bilateral trade and investment. It also aligns with the broader objective of enhancing economic resilience and fostering mutually beneficial partnerships in an evolving global business landscape.

The coming into force of this landmark investment pact marks a new chapter in India–Israel economic relations, laying the foundation for stronger investment cooperation, sustained business growth, and a deeper strategic partnership in the years ahead.

India’s benchmark equity indices, the Nifty 50 and BSE Sensex, concluded the week on a strong note, extending their upward momentum as sustained correction in global crude oil prices significantly improved investor sentiment. The decline in crude prices eased concerns over inflationary pressures and India’s import bill, creating a favourable environment for equities and encouraging broad-based buying across sectors.

July 4: Throughout the week, market participants remained optimistic amid improving global cues, steady foreign institutional investment, and expectations of a stable domestic economic environment. Lower energy costs strengthened confidence in sectors that are sensitive to input prices, while investors continued to accumulate fundamentally strong stocks across large-cap and broader market segments.

The rally was broad-based, with information technology, pharmaceuticals, financial services, real estate, and select consumer-focused stocks emerging among the key contributors to the market’s gains. Mid-cap and small-cap indices also witnessed healthy buying interest, reflecting improved risk appetite and growing confidence among retail and institutional investors alike.

The sustained correction in crude oil prices is expected to provide multiple benefits to the Indian economy. Lower fuel and transportation costs can help ease inflationary pressures, improve corporate profit margins, reduce pressure on the country’s current account deficit, and support overall economic growth. These factors collectively strengthened investor confidence during the week and reinforced expectations of continued market stability.

Market participants also remained encouraged by resilient domestic economic fundamentals, healthy corporate balance sheets, and expectations of sustained policy support. While global uncertainties continue to warrant caution, the combination of easing commodity prices and steady domestic demand has provided a supportive backdrop for Indian equities.

Looking ahead, investors are expected to closely monitor upcoming corporate earnings, domestic macroeconomic indicators, global monetary policy developments, and movements in commodity prices for further market direction. Analysts believe that if crude oil prices remain stable and broader global conditions continue to improve, Indian equity markets are well-positioned to sustain their positive momentum in the coming weeks.

The week’s strong performance underscores the resilience of India’s capital markets and highlights growing investor confidence in the country’s long-term economic prospects despite an evolving global environment.