India's gem and jewellery exports saw a 3.14% increase in August, reaching $2.30 billion. This growth was primarily fueled by a significant rise in studded gold jewellery shipments. Diamond export volumes also contributed positively to the overall export performance during the month. Plain gold jewellery exports experienced a decline due to rising gold prices and input costs. The industry is evolving into a global hub for design and value addition.

India supplies 70% of Russia’s record fuel imports as Ukrainian drones hit refineries
https://timesofindia.indiatimes.com/business/india-business/india-supplies-70-of-russias-record-fuel-imports-as-ukrainian-drones-hit-refineries/articleshow/134192421.cms

In August, India became Russia's largest supplier of fuel amidst significant disruptions to Russia's domestic production caused by drone attacks from Ukraine. Remarkably, India accounted for seventy percent of the fuel imported by Russia during this period. Concurrently, Russia's oil product exports faced a notable slump, while China maintained its position as Russia's primary customer for fossil fuels.

Stock market outlook: Fed, crude prices and more to guide Dalal Street this week
https://timesofindia.indiatimes.com/business/india-business/fed-crude-prices-more-what-will-guide-dalal-street-this-week/articleshow/134194178.cms

Dalal Street is gearing up for a condensed trading week, with investors keenly awaiting pivotal global and domestic data. The focus will be on the US Federal Reserve's interest rate decision and outlook on policy. Domestic inflation trends and fluctuations in crude oil prices will influence market dynamics. Additionally, geopolitical tensions in the Middle East could affect oil supplies, adding further pressure on Indian equities after last week's substantial sell-off.

FPIs turn sellers again: Rs 13,138 crore pulled out of Indian equities
https://timesofindia.indiatimes.com/business/india-business/fpis-turn-sellers-again-rs-13138-crore-pulled-out-of-indian-equities/articleshow/134195608.cms

In 2023, foreign portfolio investors have pulled out an astonishing Rs 2.37 lakh crore from Indian equities. The latest round of selling experienced in early September is attributed to global uncertainties and increasing US bond yields. Rising crude oil prices, driven by heightened geopolitical tensions, are also affecting investor mood.

Oil infra hit by Ukraine, Russia gets 70% of its fuel from India
https://timesofindia.indiatimes.com/business/international-business/oil-infra-hit-by-ukraine-russia-gets-70-of-its-fuel-from-india/articleshow/134223885.cms

August marked a milestone for Russia as it imported record levels of oil products, with Indian exports accounting for nearly seventy percent. The gasoline supplied by India was produced from Russian crude at a shared refinery. While India remains the second-largest importer of crude oil from Russia, its overall imports have seen a decline compared to recent months, with China still leading the ranks.

IPO set to unlock value in group cos holding Tata Sons stake
https://timesofindia.indiatimes.com/business/india-business/ipo-set-to-unlock-value-in-group-cos-holding-tata-sons-stake/articleshow/134229591.cms

Oil prices jump over 2% as fresh Saudi, Strait of Hormuz strikes fuel supply fears
https://timesofindia.indiatimes.com/business/international-business/oil-prices-jump-over-2-brent-tops-107-as-fresh-saudi-strait-of-hormuz-strikes-fuel-supply-fears/articleshow/134230995.cms

Rs 6.42 lakh business travel paid via wife’s card and reimbursed, man gets tax notice; what ITAT said
https://timesofindia.indiatimes.com/business/india-business/businessman-paid-rs-6-42-lakh-for-foreign-business-travel-using-wifes-card-and-then-reimbursed-her-taxman-disallowed-it-itat-mumbai-says-nothing-in-law-bars-it/articleshow/134233539.cms

The Income Tax Appellate Tribunal (ITAT) Mumbai has provided partial relief to a businessman after the income tax department disallowed Rs 6.42 lakh of his travel expenses because the payments had been made using his wife's credit card.