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    A Minnesota couple built a business around rice harvested from lakes and rivers. Now it eyes $50,000 more in annual revenue

    The Minnesota family business is among 26 recipients of an Entrepreneur Fund grant programme that awarded $450,000, with support from the Wells Fargo Foundation.

    Bengaluru to get nine new townships, 300-km metro line, 210-km ring road and RRTS network in the next 10-year plan. Where will they come up?

    Karnataka plans to construct nine new integrated industrial townships, 312 km of new Metro lines, a 210-km ring road and a 270-km RRTS network across Bengaluru Metropolitan Region over the next decade. The government has already acquired 7,900 acresfor the proposed townships.

    India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fell

    There is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last seven years. A tax cut saw prices of trucks drop by about 10%, releasing pent-up replacement demand in a fleet with an average age of about 10 years. Two: Although the sector's second-largest truck maker sold a record number of vehicles in the June quarter, adding 10% to revenue, the benefits did not flow in. Rising material costs swallowed the operating leverage.

    Stocks in news: Infosys, HDFC Bank, Jio Financial, IRFC, NCC and Blue Dart

    Indian equity benchmarks experienced a decline over two sessions due to profit booking and rising oil prices. The Nifty 50 index closed down by 95.75 points, reaching 22,620.45. Jio Financial Services and Allianz Europe B.V. have invested in their joint venture for business operations. Infosys has expanded its partnership with ABN AMRO for AI-driven transformation initiatives.

    Where Does China Fit in Your Company’s Innovation Strategy?

    For decades, multinationals treated China primarily as either a vast growth market or a rising competitive threat. But as growth slows, competition intensifies, and operating conditions become more difficult, many firms are rethinking China’s role. Increasingly, they are using the country not just as a destination market but as a platform for accelerating innovation—leveraging its fast-moving regulatory environment, tightly integrated R&D and manufacturing ecosystems, and deep engineering talent pools to speed learning, validate technologies, and scale capabilities globally. Companies including Pfizer, Michelin, BMW, Bosch, and Nvidia illustrate how firms are using China to shorten innovation cycles while managing geopolitical and operational risks by defining China’s precise role within their global innovation system, designing for controlled knowledge-sharing, and avoiding overdependence through diversified R&D and supply chains.

    Mumbai’s infrastructure push reshapes housing demand, property prices

    Mumbai’s rapid infrastructure expansion is reshaping residential demand and property prices across the city and MMR, with projects such as the MTHL, Navi Mumbai International Airport, Coastal Road, Metro network and Goregaon-Mulund Link Road improving connectivity and widening housing catchments. Areas including Chembur, Mulund, Bhandup, Thane, Kandivli, Malad and Borivali have seen property prices rise by around 10–12% over the past two years, experts said.

    The Economic Times
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