Rs 1.1 lakh cr to Rs 2.1 lakh cr: Why cost of 1st bullet train project has doubled
https://timesofindia.indiatimes.com/business/india-business/indias-first-bullet-train-project-began-with-a-rs-1-1-lakh-crore-estimate-cost-has-now-nearly-doubled-to-rs-2-1-lakh-crore-indigenously-made-high-speed-train-to-start-running-from-august-2027/articleshow/133572399.cms

The bullet train project is also becoming a platform for India's own high-speed rail ambitions. BEML and ICF are developing India's first indigenous high-speed trainset, with the first expected to roll out in 2027. The trains are being designed for operating speeds of around 250 kmph, with a design speed of 280 kmph.

Will carefully consider AI’s capital request: SIA
https://timesofindia.indiatimes.com/business/india-business/will-carefully-consider-ais-capital-request-sia/articleshow/133578426.cms

SIA made its stand clear after a Singapore opposition MP Kenneth Tiong opposed using state investor Temasek’s funds to meet AI request for more fund infusion from its twin promoters. Since Temasek owns most of SIA, the opposition Workers’ Party legislator said in a social media post Wednesday AI’s request was “not only a question for private shareholders.”

India emerges as global production, innovation hub: FM
https://timesofindia.indiatimes.com/business/india-business/india-emerges-as-global-production-innovation-hub-fm/articleshow/133578427.cms

At a joint presser with her Canadian counterpart François-Philippe Champagne, FM said she discussed practical avenues for cooperation in the financial sector, including cross border payments, financial stability, fintech and capital markets. “We (also) explored opportunities for wider international and multilateral cooperation on issues of interest, such as critical minerals and energy security.”

Daikin lines up Rs 2,800 crore fresh investment
https://timesofindia.indiatimes.com/business/india-business/daikin-lines-up-rs-2800-crore-fresh-investment/articleshow/133578428.cms

During his meeting, commerce and industry minister Piyush Goyal is learnt to have suggested to Daikin Industries president and COO Naofumi Takaneka that the Japanese company should go beyond assembling compressors to also manufacture them in India, including their components. Takaneka is learnt to have responded by saying that the R&D centre will seek to develop products that are conducive for Indian climate.

‘Govt to focus on easing processes to boost FDI’
https://timesofindia.indiatimes.com/business/india-business/govt-to-focus-on-easing-processes-to-boost-fdi/articleshow/133578429.cms

Goyal said govt was keen that investment model should not only focus on large companies but the entire value chain that leads to downstream indigenisation. In paints, for instance, import of titanium dioxide, a key input, is of the tune of $1 billion and govt wants it to be manufactured in India, he said.

Gaana, Fenix360 tie up to boost engagement
https://timesofindia.indiatimes.com/business/india-business/gaana-fenix360-tie-up-to-boost-engagement/articleshow/133578430.cms

Streaming changed how the world listens to music. But for a long time, the relationship between artists and fans has largely stopped at the play button. Discovery happens on one platform, community happens on another and monetisation happens somewhere else if it happens at all. This partnership aims to close that gap. The wider ecosystem will also introduce new monetisation opportunities for artists.

Sensex opens 200 points higher, Nifty hovers around 24,000 ahead of Fed chair’s address
https://timesofindia.indiatimes.com/business/india-business/sensex-stock-market-today-28-august-2026-live-updates-nse-bse-gift-nifty-50-top-gainers-losers-mcx-stocks-in-focus-market-news/liveblog/133582507.cms