New Delhi [India], August 21 (ANI): The Export-Import Bank of India (India Exim Bank) and ECOWAS Bank for Investment and Development (EBID) have signed a commercial credit line agreement of USD 40 million. The agreement will create new opportunities for Indian businesses to access the African markets, strengthening bilateral economic ties. India Exim Bank has consistently fostered enduring trade and investment partnerships that connect Indian capabilities with the developmental priorities of A...Read More
Andhra Pradesh CM N Chandrababu Naidu inaugurated Ratan Tata Innovation Hubs in Amaravati and five cities, aiming to boost entrepreneurship. Backed by Tata Group and major firms, the initiative honours Ratan Tata's legacy while supporting startups, industrial hubs, and economic growth in the State Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday inaugurated Ratan Tata Innovation Hubs (RTIHs) at Amaravati and five more centres in the State. The CM was accompanied by Tat...Read More
India defends its right to purchase from the cheapest source, while strengthening ties with Russia and China. Russia expects India to continue buying its oil, a senior official said, even as the South Asian nation faces higher US tariffs and harsh criticism from Trump administration officials for the trade. India's imports of Russian crude are likely to stay at current levels, Evgeny Griva, the deputy trade representative of Russia in India, told reporters in New Delhi on Wednesday. The remark...Read More
NEW DELHI, Aug 20 (Reuters) - Russia will continue supplying oil to India and the country's President Vladimir Putin will meet India's Prime Minister Narendra Modi in New Delhi by the end of year, a Russian embassy official in India said on Wednesday. Russia has a "very, very special mechanism" to continue oil supplies to India, Roman Babushkin, the charge d'affaires at the Russian embassy in India, told reporters at a press briefing, adding that India's crude oil imports from Russia will remai...Read More
HÀ NỘI While more than half of people living with rare diseases in Việt Nam are children, access to rare disease treatment remains limited due to high costs and a lack of comprehensive health insurance coverage. According to the Ministry of Health, Việt Nam has about six million people living with rare diseases, 58 per cent of whom are children. Data shows that an alarming 30 per cent of children with rare diseases die before the age of five. Rare diseases often include metabolic disord...Read More
A CRISIL Intelligence report indicates that increased US tariffs will significantly impact India's MSME sector, responsible for 45% of exports. Textiles, gems, jewellery, and chemicals are expected to be the hardest hit, with MSMEs holding substantial shares in these sectors. Surat's diamond exports will face challenges, while the steel sector is likely to experience minimal impact. The imposition of higher tariffs by the US will significantly impact the micro, small and medium enterprise secto...Read More
Nirmala Sitharaman presented GST reforms to GoMs. The plan includes slashing tax rates and easing compliance. Tax rates will be at 5 and 18 percent. A 40 percent rate is proposed on sin goods. GoMs will discuss compensation cess and insurance taxation. The GST Council will review the proposal next month. Narendra Modi wants the reforms by Diwali. Finance Minister Nirmala Sitharaman on Wednesday presented to GoMs from states her government's plans for sweeping reforms in the GST regime that invo...Read More
Aug 20 (Reuters) - Indian miner Vedanta's (VDAN.NS), opens new tab demerger is facing objection from the federal government, CNBC-TV18 reported on Wednesday, after the company received, opens new tab a warning from the markets regulator for non-compliance. Shares of the company fell 2.4% to hit session's low after the report. Vedanta, led by billionaire Anil Agarwal, aims for a sweeping overhaul to carve itself up into multiple separate businesses, in a move aimed at shoring up the group's fin...Read More
Nitin Gadkari envisions India transforming into a global energy exporter by reducing hydrogen production costs to $1 per kg, emphasizing its potential in transport, pharmaceuticals, and steel. He highlighted the importance of waste management for green hydrogen production and advocated for electric vehicles, biofuels, and bamboo cultivation to achieve carbon neutrality and self-reliance. Road Transport and Highways Minister Nitin Gadkari on Wednesday said India can transform from being an energ...Read More
Union Education Minister Dharmendra Pradhan on Wednesday (August 20, 2025) slammed the Opposition for disrupting Rajya Sabha proceedings, saying it was spreading lies on the Maharashtra election data, a day after research organisation CSDS issued a public apology acknowledging errors in its poll data. Follow the Parliament Monsoon session Day 20 LIVE: August 20, 2025 As the Rajya Sabha reassembled post-lunch to discuss the Indian Institutes of Management (Amendment) Bill 2025, Opposition MPs s...Read More
Entermark Launches India's First AI Trademark Monitoring Tool for Legal Teams & SMEs Entermark Launches India's First AI Trademark Monitoring Tool for Legal Teams & SMEs 3 min read Last Updated : Aug 20 2025 | 5:15 PM IST VMPL New Delhi [India], August 20: Entermark, a growing name in the Legaltech Industry, announced the launch of India's first AI-driven Trademark Monitoring Tool, built for legal teams, IP professionals, and SMEs (Small-to-medium enterprises). The purpose behind the launch ...Read More
Chamoli (Uttarakhand) [India], August 20: Uttarakhand Chief Minister Pushkar Singh Dhami met the security personnel deployed at the Legislative Assembly during the four-day monsoon session in Bhararisain (Gairsain) on Wednesday, inquiring about their accommodation and other necessary arrangements. The four-day-long Uttarakhand Assembly's monsoon session started on August 19 with CM Dhami introducing the state's Rs 5,315 crore supplementary budget. The state's Minority Educational Institutions B...Read More
The Lok Sabha approved the Indian Institutes of Management (Amendment) Bill, 2025, facilitating the establishment of IIM Guwahati as an institute of national importance. The institute will receive Rs 555 crore over five years, after which it is expected to be self-sufficient. This addition marks the second IIM in the North-eastern region, following Shillong. The Lok Sabha on Monday passed the Indian Institutes of Management (Amendment) Bill, 2025, paving the way for the establishment of an Indi...Read More
New Delhi: Union Education Minister Dharmendra Pradhan on Wednesday slammed the Opposition for disrupting Rajya Sabha proceedings, saying it was spreading lies on the Maharashtra election data, a day after research organisation CSDS issued a public apology acknowledging errors in its poll data. As the Rajya Sabha reassembled post-lunch to discuss the Indian Institutes of Management (Amendment) Bill 2025, Opposition MPs staged protests demanding a discussion on alleged "vote chori" (vote theft) i...Read More
New Delhi: Road Transport and Highways Minister Nitin Gadkari on Wednesday said India can transform from being an energy importer to a global exporter if it can cut the cost of hydrogen production to one dollar per kilogramme. Delivering the 24th Darbari Seth Memorial Lecture at The Energy and Resources Institute, the minister said that at present, hydrogen costs about USD 5-6 per kg, making it expensive compared to conventional fuels. "If we succeed in bringing it down to USD 1 per kg, India w...Read More
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the next-generation GST reforms is a step towards making India Aatmanirbhar and the central government looks at building consensus with states in the coming weeks. The Centre's proposal on GST reforms is based on three pillars-- structural reforms, rate rationalisation and ease of living, she said. During a meeting with GoMs on rate rationalisation, insurance taxation and compensation cess, Sitharaman "emphasised that the proposal...Read More
New Delhi, Aug 20 (SocialNews.XYZ) Hydrogen today costs around $5 per kilogram and if India can bring this down to $1 dollar per kilogram, we won't just achieve energy independence, we can become a global exporter of clean energy, Union Minister of Road Transport and Highways, Nitin Gadkari, said on Wednesday. Highlighting India's leadership in renewable energy, Gadkari said that solar energy is the 'Sanjeevani Booti' for our planet and hydrogen is the fuel of the future. "I drive a Toyota Mir...Read More
NEW DELHI, 20 August 2025: Dr Vinod K Paul, Member (Health), NITI Aayog today stated that rare diseases are estimated to collectively affect close to 90 million Indians, making them both a health and societal challenge. He emphasized that with only a fraction of the 7,000 rare diseases having approved therapies, indigenous manufacturing, stronger registries, and multi‑ministerial coordination must be prioritized. Addressing the National conference on 'Rare Diseases', organized by FICCI, jointly...Read More
Mumbai (Maharashtra) [India], August 20 (ANI): Ahead of the 12th season of Pro Kabaddi League (PKL), Bengaluru Bulls coach BC Ramesh spoke on his team focus on defence for this season, saying that the aim is to have one of the best defensive units. The 12th season of PKL will kickstart from August 29 onwards, with the one-time PKL champion set to play Puneri Paltan on that day during their campaign opener. Speaking ahead of the tournament during a media day organised by JioStar, Ramesh said, T...Read More
MUMBAI: India's market regulator is rethinking the rules for very large initial public offerings (IPOs), a move that could reshape how companies such as Reliance Jio, Flipkart, and LG Electronics list. The Securities and Exchange Board of India (Sebi) on Monday unveiled a five-tier framework aimed at easing IPO regulations for mega issuers, cutting minimum public offer requirements and extending timelines for reaching mandated public shareholding from five to ten years. The changes are designe...Read More
NEW DELHI: Union home minister Amit Shah on Wednesday accused the opposition of resisting the proposed bills on removing tainted ministers, in order to "remain outside the reach of law".In a social media post on X, Shah hailed Prime Minister Narendra Modi for introducing a constitutional amendment which provide for the removal of a prime minister, Union minister, chief minister or state/UT minister if they are arrested or kept in custody on serious criminal charges for 30 consecutive days."On on...Read More
Bhubaneswar: Dhirendra Mohanty, Secretary of Mahu Co-operative Society, Aul, Kendrapara, was apprehended by Odisha Vigilance today while accepting a bribe of Rs. 10,000 from a loanee farmer. Mohanty demanded the bribe to release a loan passbook and cheque book for an agricultural loan of Rs. 75,000, sanctioned on August 12, 2025, to the complainant and his father. According to the complainant, a poor farmer, Mohanty had been delaying the handover of the documents despite repeated requests. Ini...Read More
New Delhi, Aug 20 (PTI) The initial public offer of transformer components manufacturer Mangal Electrical Industries Ltd received 54 per cent subscription on the first day of bidding on Wednesday. The initial share sale got bids for 28,43,542 shares against 52,53,301 shares on offer, as per NSE data. The category for non-institutional investors fetched 72 per cent subscription, while the portion for Retail Individual Investors (RIIs) attracted 70 per cent subscription. The Qualified Institutio...Read More
New Delhi, Aug 20 (PTI) Shares of Regaal Resources Ltd, a maize-based speciality product manufacturer, on Wednesday ended with a premium of 29 per cent against the issue price of Rs 102. The stock started trading at Rs 141.80, a jump of 39 per cent from the issue price on the BSE. During the day, it zoomed 42.84 per cent to Rs 145.70. Shares of the firm ended at Rs 131.65 apiece, up 29 per cent. On the NSE, the stock listed at Rs 141, up 38.23 per cent. Shares of the firm ended 29 per cent hig...Read More
Chennai (Tamil Nadu) [India], August 20: AssetPlus, India's leading digital platform for Mutual Fund Distributors (MFDs), today announced the launch of UPI AutoPay for Systematic Investment Plans (SIPs) through an integration with the Bombay Stock Exchange (BSE). This new capability allows investors to authorise recurring payments directly from their preferred UPI app, marking a significant leap towards faster, more convenient, and more transparent SIP mandate registration. Also Read | Who is M...Read More
MUMBAI: The proposed GST reforms, announced by the prime minister to be rolled out by Diwali, halving the current four-rate tax structure into two-tier regime at lower rates, though will lead to an estimated average revenue loss of Rs 85,000 crore per annum, will give a big boost to the for-long sagging consumption story to the tune of Rs 1.98 trillion, a report has said. The current GST structure consists of four main rate slabs: 5, 12, 18 and 28%. These rates apply to most goods and services....Read More
Pune (Maharashtra) [India], August 20: In India, the period from August to November is considered auspicious because of the various festivals celebrated during this time, including Ganesh Chaturthi and Diwali. These festivals are believed to bring happiness and prosperity. This positive sentiment makes the festive season the ideal time to invest in properties. Prospective homebuyers can also benefit from festive offers, such as special interest rates and slashed processing fees. To this end, Baj...Read More
MUMBAI (Reuters) -India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign, minutes of the August meeting showed on Wednesday. The Reserve Bank of India held its key repo rate steady at 5.50% earlier this month, after cutting rates by 100 basis points so far in 2025. The six-member Monetary Policy Committee voted unanimously to retain a "neutral" stanc...Read More
New Delhi, Aug 20 (SocialNews.XYZ) In a move aimed at making insurance more affordable, the Group of Ministers (GoM) on insurance proposed a complete exemption of GST on health and life insurance premiums, Bihar Deputy Chief Minister Samrat Choudhary said on Wednesday. The proposal, if accepted, could improve insurance penetration in India's largely underinsured market. Bihar Deputy Chief Minister Samrat Choudhary, who is a member of the GoM, confirmed that the recommendation will now be place...Read More
New Delhi, Aug 20 (SocialNews.XYZ) The Lok Sabha on Wednesday passed the Promotion and Regulation of Online Gaming Bill, 2025, through a voice vote, bypassing debate amid intense protests from Opposition members seeking discussion on the Special Intensive Revision (SIR) of voter rolls in Bihar. The bill, introduced by Union Minister for Electronics and Information Technology Ashwini Vaishnaw, aims to regulate India's booming online gaming sector while imposing restrictions on online money games...Read More