New Delhi, Aug 1 (IANS) Maruti Suzuki India on Saturday reported its highest-ever monthly domestic sales with dispatches crossing the 2 lakh mark for the first time in July.The country’s largest carmaker sold a total of 2,41,421 units during the month, up from 1,80,526 units in July last year.Meanwhile, domestic sales — including light commercial vehicles (LCVs) — touched an all-time high of 2,00,123 units, while exports stood at 30,056 units. Sales to other original equipment manufacturers (O…

New Delhi, Aug 1 (IANS) Over 72 lakh first‑time employees have entered the formal workforce since August 2025, within one year of the implementation of Pradhan Mantri Viksit Bharat Rojgar Yojana, an official statement said on Saturday.The scheme strengthens social security coverage and encourages employers to create new jobs. Nearly 30 per cent of beneficiaries are women, and more than 15 lakh beneficiaries have already received employment‑linked incentives under the scheme.By linking employ…

New Delhi, Aug 1 (IANS) India’s passenger vehicle industry witnessed robust growth in July as leading automakers posted strong year-on-year sales on Saturday, led by sustained demand for SUVs, a sharp rise in electric vehicle sales and healthy export momentum.Hyundai Motor India posted its highest-ever monthly sales since inception at 75,360 units in July — a 25.4 per cent year-on-year growth. Domestic sales rose 23.3 per cent to 54,210 units — its best-ever July performance — while exports c…

New Delhi, August 1 (IANS) More than 5.9 crore income tax returns (ITRs) have been filed for the Assessment Year (AY) 2026-27 by the July 31 deadline, the Income Tax Department said on Saturday, while thanking taxpayers for their timely compliance.In a post on social media platform X, the department said, “Thank you, taxpayers! Over 5.9 crore ITRs were filed for AY 2026-27 by July 31st! Your trust and timely compliance provide the energy that fuels India’s growth.”The latest figures indicate tha…

New Delhi, August 1 (IANS) Automobile manufacturer Mahindra & Mahindra Ltd. on Saturday said its overall auto sales for July 2026 stood at 1,03,860 vehicles, a growth of 26 per cent year-on-year, including exports.Utility Vehicles domestic sales touched 60,048 units, up 20 per cent year‑on‑year, while total UV sales including exports were 60,887 units, the company said in a statement.The domestic sales for commercial vehicles stood at 25,204, marking a growth of 23 per cent.Nalinikanth G…

New Delhi, Aug 1 (IANS) India and Rwanda have committed to expand bilateral trade and boost business-to-business engagement, as they reviewed the current state of bilateral trade in goods and services, an official statement said on Saturday.India remains Rwanda’s largest source of pharmaceutical imports, accounting for about 24.5 per cent of the country’s pharmaceutical imports.The two sides identified several priority areas for sectoral cooperation. In critical minerals, India expressed interes…

New Delhi, Aug 1 (IANS) August brings a slew of financial deadlines and events that could affect taxpayers and banking customers, including an August 31 income tax return (ITR) deadline for businesses and professionals, the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting and bank service charge changes.Taxpayers who are required to file ITR‑3 or ITR‑4 and not subject to tax audit — including self‑employed professionals, freelancers and small business owners using presumpt…

Seoul, Aug 1 (IANS) South Korea’s monthly exports soared to the second highest ever by moving up nearly 63 per cent in July from a year earlier, data showed on Saturday, amid solid global demand for memory chips.Outbound shipments came to $98.89 billion in July, according to the Ministry of Trade, Industry and Resources. It was slightly below the all-time high record of $102.2 billion posted in June.Imports rose 26.5 percent on-year to $68.56 billion, resulting in a trade surplus of $30.32 billi…

Mumbai, Aug 1 (IANS) The Indian equity benchmarks posted strong weekly gains as crude prices eased, alleviating global inflationary concerns.Nifty jumped 2.59 per cent during the week and edged up 0.27 per cent on the last trading day to reach 24,383. At close, Sensex was up 166 points, or 0.21 per cent, at 78,094. It added 2.68 per cent during the week.The market recovery was broad-based, with large-cap stocks outperforming the broader market. On a sectoral basis, metals, and automobiles led th…

New Delhi, Aug 1 (IANS) Trade and sustainable development is a cross-sectoral policy issue requiring an integrated approach encompassing trade, industry, sustainability and competitiveness, according to Commerce Secretary Rajesh Agrawal.Noting that sustainability regulations and unilateral environmental measures have become enduring features of the global trading system, he underlined the need to create an enabling ecosystem to support industry in adopting sustainable practices. Agrawal observed…