ToneTag eKosha to convert UPI soundboxes into banking touch points

ToneTag eKosha to convert UPI soundboxes into banking touch points MUMBAI: Bengaluru-based fintech ToneTag has launched a tech stack that allows shopkeepers to use their UPI soundboxes for conversational banking without requiring the tech savviness needed for mobile or internet banking. ToneTag’s speciality is enabling payments using sound-based contactless data transfer without a network, the…

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Delhi Electric Vehicle Policy 2026: Delhi’s EV policy poses big risk if adopted by other states, warns report – here’s why

The report said the immediate financial impact on automakers is likely to be modest Delhi’s newly notified Electric Vehicle (EV) Policy 2026 could speed up the transition to cleaner mobility, but the bigger challenge for automobile manufacturers may arise if similar policies are adopted by other states, according to a Morgan Stanley report.The brokerage said…

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India Services Sector Growth: India’s services sector growth falls to 17-month low as hiring stalls, demand weakens: Report

The slowdown was driven by the weakest increase in new orders in more than two-and-a-half years India’s services sector growth slowed to a 17-month low in June as weaker domestic demand, softer new business growth and subdued hiring weighed on overall activity, according to the latest HSBC India Services PMI survey released on Friday.The seasonally…

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Sharp rebound! India’s crude inventory hits almost 1-year high; strong oil imports help replenish stocks depleted during US-Iran war

With the country consuming around 5 million barrels of crude each day, the current inventory is enough to meet approximately 21 days of demand. (AI image) India has replenished its crude oil stocks, with oil inventory levels now near a one-year high. India’s crude oil inventories have recovered sharply and are now close to their…

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Fuel-hit Russia bought gasoline produced by India’s Nayara Energy via traders: Report

Russia bought gasoline produced by Nayara Energy through international traders (Representative image) Russia reportedly bought gasoline produced by Nayara Energy through international traders as it deals with fuel shortages caused by Ukrainian attacks on its energy infrastructure.The identity of the supplier comes a day after Reuters reported that Russia had started importing gasoline from India…

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Adani, IHC join hands for $11.5 billion aluminium project

MUMBAI: Abu Dhabi’s International Holding Company, which emerged as a key backer of the Adani Group following the Hindenburg-induced market turmoil in 2023, is deepening its partnership with the conglomerate through an $11.5 billion integrated aluminium project in Odisha.The partners have formed an equal joint venture to build a sprawling aluminium complex comprising a four-million-tonne…

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