Business

RBI Declares 28 Aug Bank Holiday for Raksha Bandhan: All Branches Closed

The Reserve Bank of India has announced that all banks will be closed on 28 August in observance of Raksha Bandhan, following a city‑wise list.

28 Aug 2026

PRCAI unveils PRana 2026 to probe trust, influence and India’s reputation

The Public Relations Council of India (PRCAI) announced the PRana 2026 initiative, a research programme aimed at identifying emerging drivers of trust, influence and the country’s global image.

28 Aug 2026

Nvidia Shares Dip After-Hours as Report Says Cloud Revenue-Share Deals Paused

Nvidia's shares fell in after‑hours trading after a report said the chipmaker has paused its cloud revenue‑share agreements.

28 Aug 2026

SEBI Considers Exempting Merchant Bankers from Small‑Value Debt Issue Rules

The Securities and Exchange Board of India is evaluating a proposal to waive certain regulatory requirements for merchant bankers handling low‑value debt securities.

28 Aug 2026

GAP Shares Surge Almost 14% in Overnight Trading

GAP Inc.’s stock jumped nearly 14% in after‑hours trading, marking a sharp rise reported by Asianet Newsable.

28 Aug 2026

Nike, NIO and McDonald’s Shares Hit 52‑Week Lows

Shares of Nike (NKE), Chinese EV maker NIO and McDonald’s (MCD) fell to their lowest levels in a year, as reported by Asianet Newsable.

28 Aug 2026

Silver Rate in Telangana on 28 August 2026 Released by Business Today

Business Today reported the prevailing price of one kilogram of silver in Telangana for 28 August 2026.

28 Aug 2026

Odisha expands probe into Vedanta's water usage, asks for historic drawal data

The state government has widened its investigation into Vedanta Ltd.'s water consumption and has requested past drawal records to assess compliance.

28 Aug 2026

Income Tax Act Drafted in Plain English Wins Praise, Telangana Today Says

Telangana Today published an opinion piece noting that the latest Income Tax law has been written in plain English, a shift aimed at clearer taxpayer communication.

28 Aug 2026

Few Indian Districts Power Manufacturing Sector, Report Finds

Business Today reports that a small number of districts contribute disproportionately to India's manufacturing output, underscoring regional concentration in the sector.

28 Aug 2026

S&P Reaffirms India's BBB Sovereign Rating, Highlights Robust Economy and Predictable Policies

Credit rating agency S&P Global reaffirmed India's sovereign rating at BBB, citing a dynamic economic outlook and consistent policy framework.

28 Aug 2026

Karnataka Finance Minister D.K. Shivakumar Outlines State’s Growth and Investment Drive

In an interview with Business Today, Karnataka Finance Minister D.K. Shivakumar detailed the state’s recent economic expansion, ongoing investment push and his vision for future growth.

28 Aug 2026