New Delhi, Aug 8 (PTI) BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd -- the two subsidiaries of Reliance Infrastructure, will recover power dues worth Rs 28,483 crore following a Supreme Court ruling. As on July 31, 2025, the total dues of BSES Yamuna Power Ltd and BSES Rajdhani Power amounts to Rs 28,483 crore, according to Reliance Infrastructure. The two power distribution companies (discoms), in which Reliance Infrastructure (RInfra) holds 51 per cent, supply electricity to 5.3 million...Read More
New Delhi, Aug 8 (PTI) Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) -- to compensate for losses incurred from selling LPG at below cost over the past 15 months. The compensation to oil marketing companies (OMCs) will be paid in 12 tranches, as per an official statement. The international prices of LPG were at high levels during 2024-25 and continue to remain high. Howev...Read More
Chennai, Aug 8 (PTI) Senior Indian off-spinner R Ashwin is in discussions with the Chennai Super Kings about his future in the IPL franchise amid speculation that he might seek his release from the team. With over two months still left before the deadline for retentions, Ashwin, it is reliably learnt, has had conversations with the CSK brass about his role going forward. "It is early stages to decide on any player's future. The cut off date for retention is yet to be announced. So we have time...Read More
New Delhi: The Union Cabinet has approved a ₹30,000 crore support package for Oil Marketing Companies (OMCs) to stabilise domestic LPG prices and ensure affordable access to cooking fuel for Indian households. The Union Cabinet has approved a ₹12,060 crore support package for the Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries for the financial year 2025-26, as part of the broader ₹30,000 crore allocation to ensure affordable LPG access across India. This includes a targeted subsidy of ₹300...Read More
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved Rs 30,000 crore compensation to three public sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under-recoveries incurred on the sale of domestic LPG. The distribution of the compensation within the OMCs will be done by the Ministry of Petroleum and Natural Gas. The compensation will be paid in 12 tranches, a Cabinet communique said. According to the government, this significant step also underl...Read More
New Delhi, Aug 8 (SocialNews.XYZ) As part of the ongoing celebrations of Azadi Ka Amrit Mahotsav, the Ministry of Textiles has reaffirmed its commitment to empowering women handloom weavers through various central sector schemes. In a written reply in the Rajya Sabha on Friday, Minister of State for Textiles Pabitra Margherita shared that over 14,000 women weavers have been trained under the SAMARTH scheme across the country in the past three financial years (2022-23 to 2024-25). The Ministry ...Read More
Chennai, Aug 8 (PTI) Senior Indian off-spinner R Ashwin is in discussions with the Chennai Super Kings about his future in the IPL franchise amid speculation that he might seek his release from the team. With over two months still left before the deadline for retentions, Ashwin, it is reliably learnt, has had conversations with the CSK brass about his role going forward. "It is early stages to decide on any player's future. The cut off date for retention is yet to be announced. So we have time...Read More
NEW DELHI - New Delhi has put on hold its plans to procure new US weapons and aircraft, according to three Indian officials familiar with the matter, in India's first concrete sign of discontent after tariffs imposed on its exports by President Donald Trump dragged ties to their lowest level in decades. India had been planning to send Defence Minister Rajnath Singh to Washington in the coming weeks for an announcement on some of the purchases, but that trip has been cancelled, two of the people...Read More
MUMBAI: The Indian stock market ended lower on Friday amid heavy selling across the sectors and persistent FIIs outflow due to US tariff jitters. Sensex closed at 79, 857.79, down 765.47 or 0.95 per cent. The 30-share index opened in negative territory at 80, 478.01 against last session's closing of 80, 623.26 following selling pressure due to US tariff concerns. The index touched an intraday low at 79, 775, falling about a per cent to a three-month low, amid overall selling. Nifty ended the s...Read More
New Delhi : Signature Global (BSE: 543990 | NSE: SIGNATURE), one of India's leading real estate development companies with a strong brand presence in Delhi-NCR, reported a 386% year-on-year increase in profit after tax (PAT), reaching INR 0.34 billion in Q1 FY26 compared to INR 0.07 billion in Q1 FY25. This growth was primarily driven by increased revenue recognition, which rose by 118% to INR 8.7 billion from INR 4.0 billion in the same quarter last year, owing to higher project completions. Th...Read More
New Delhi: In a significant development amid the imposition of increasing tariffs and penalties on India by the US led by President Donald Trump, India's largest bank, the State Bank of India (SBI) has indicated in its report that India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil. Here are all the details you need to know about how much oil Russia is exporting to India and what has the SBI said on the loss if India stop...Read More
New Delhi, Aug 8 (PTI) Union Cabinet on Friday approved a subsidy of Rs 12,000 crore under the Pradhan Mantri Ujjwala Yojana (PMUY) for 2025-26, benefitting 10.33 crore households. PMUY was launched in May 2016, to provide free LPG connection to adult women from poor households across the country. As on July 1, there are about 10.33 crore PMUY connections in India. "The Union Cabinet chaired by the Prime Minister Narendra Modi, has approved the targeted subsidy of Rs 300 per 14.2 kg cylinder f...Read More
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan's chip production landscape, potentially pulling more of the island's semiconductor operations onto American soil, reports Focus Taiwan. Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump's tariff threat signals a shift from incentive-driven industrial policy to one defined by force. "No...Read More
New Delhi : Medistep Healthcare Limited, a rapidly growing player in India's pharmaceutical and healthcare market, has fixed the price of its upcoming Initial Public Offering (IPO) at Rs.43 per equity share. The offering comprises up to 37,44,000 equity shares with a face value of Rs.10 each. The IPO, which is being offered through a fixed price issue, will open for subscription on Friday, August 8, 2025, and close on Tuesday, August 12, 2025. The lot size for the issue has been set at 3,000 eq...Read More
Mumbai (Maharashtra) [India], August 8: Acclaimed actor and sustainability advocate Bhumi Pednekar, along with her sister, lawyer-turned-entrepreneur Samiksha Pednekar, unveil Backbay a next-generation beverage brand that reimagines hydration for the modern Indian lifestyle. Rooted in wellness and shaped by conscious consumption, Backbay debut offering is natural mineral water, bottled at source in the Himalayan foothills. Rich in naturally occurring minerals and electrolytes, it housed in sleek...Read More
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan's chip production landscape, potentially pulling more of the island's semiconductor operations onto American soil, reports Focus Taiwan.Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump's tariff threat signals a shift from incentive-driven industrial policy to one defined by force. "Now ...Read More
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan chip production landscape, potentially pulling more of the island semiconductor operations onto American soil, reports Focus Taiwan. Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump tariff threat signals a shift from incentive-driven industrial policy to one defined by force. Now he is...Read More
New Delhi, Aug 8 (PTI) The Centre on Friday announced the subsidised retail sale price of tomatoes in the range of Rs 47-60 per kg in the national capital through the National Cooperative Consumers' Federation of India (NCCF), to provide relief to buyers. The NCCF, which has been procuring tomatoes from Azadpur mandi since August 4, is retailing them with minimal margins, the consumer affairs ministry said. "To date, NCCF has sold 27,307 kilograms of tomatoes at retail prices ranging from Rs 4...Read More
New Delhi, Aug 8 (UNI) The Supreme Court today indicated that it will suspend the functioning of the statutory committee constituted under the Uttar Pradesh Shri Bankey Bihari Ji Temple Trust Ordinance, 2025, which vests the management of the historic Bankey Bihari temple in Vrindavan, Mathura, with a government-backed trust. A Bench comprising Justice Surya Kant and Justice Joymalya Bagchi said it will relegate the petitioners to the Allahabad High Court to challenge the constitutional validit...Read More
India's biggest lender, State Bank of India (SBI), has posted a 12 per cent increase in standalone net profit at Rs 19,160 crore for the April-June quarter of the current financial year. The bank had earned a net profit of Rs 17,035 crore in the same quarter of the previous fiscal year. Total income rose to Rs 1,35,342 crore during the June quarter 2025-26, from Rs 1,22,688 crore a year ago, SBI said in a regulatory filing, PTI reported. How much SBI earned from interest? SBI earned interest i...Read More
Tesla India Delhi Showroom: Elon Musk-led Tesla made its India retail debut last month. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Tesla India leased 8,200 sq ft commercial space in Delhi's Aerocity for Rs 17.22 lakh monthly * The lease in Aerocity is for nine years with rent increasing 15% every 36 months * Tesla took a 33,000 sq ft Gurugram unit for Rs 40 lakh monthly with 4.75% annual rent rise Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: El...Read More
New Delhi -- Prime Minister Narendra Modi, with resolute calm, declared this week that India will not yield on its agricultural sector, even as the U.S. escalates tariff pressures to a staggering 50 percent. Speaking in New Delhi, Modi, without naming the U.S., delivered a message both graceful and unwavering: he is prepared to bear the personal and political costs of defending farmers, fishermen, and dairy workers. On August 6, President Trump announced an extra 25 percent tariff on Indian imp...Read More
NEW YORK, Aug 5 (Reuters) - U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands (YUM.N), opens new tab and other companies cited trade duties in their results or outlooks. In addition, U.S. President Donald Trump said the U.S. could impose a "small tariff" on pharmaceutical imports before increasing the rate subsequently. He also signaled an announcement on tariffs on semiconductors and chips in the "next week or so." Shares of KFC parent Yum Brands (...Read More
Air India will resume international operations from October 1, 2025, after halting flights due to the Ahmedabad tragedy. Air India will resume international operations from October 1. The Tata-owned airline halted international flights in the wake of the Ahmedabad plane tragedy on June 12. Air India CEO Campbell Wilson said that the airline has already begun a phased restoration of international operations from August 1. "We have begun a phased restoration of international operations from Aug...Read More
New Delhi, Aug 6 (PTI) Shares of M&B Engineering closed higher by 6 per cent at Rs 409.15 in the debut trade on Wednesday. The stock listed flat Rs 386 on the BSE compared to the issue price of Rs 385. During the day, it gathered momentum and climbed 8.79 per cent to Rs 418.85 against the issue price. Shares of the company finally ended at Rs 409.15, up 6.27 per cent on the exchange. On the NSE, the stock got listed at par with the issue price of Rs 385. Later, it surged 8.8 per cent to Rs 418...Read More
The percentage of non-AC coaches on Indian Railways is as high as 70 per cent. Image: ANI Indian Railways has significantly enhanced the travel facilities for the benefit of economically weaker passengers with the number of seats available for non-AC passengers increasing to 54 lakh, which constitutes 78 per cent of the total, while AC seats comprise the remaining 22 per cent, the Parliament was informed on Wednesday. Due to the higher availability of general coaches, the number of passengers ...Read More
First announced on June 19, the "Safety Pause" involved a temporary reduction in flights to facilitate more thorough pre-flight inspections and to accommodate airspace restrictions in the regionSource : ANI Air India's international operations are set to be fully restored by October 1, 2025, following a voluntary "Safety Pause" that began in June. CEO Campbell Wilson confirmed the phased resumption started on August 1, after flight AI171 experienced an incident that prompted the airline to temp...Read More
New Delhi: Airbus has appointed Jurgen Westermeier as the President and Managing Director for India and South Asia. The appointment of 53-year-old Jurgen, currently the Executive Vice-President and Chief Procurement Officer at Airbus, will be effective from September 1, the aircraft maker said in a release on Wednesday. He will succeed Remi Maillard, who will become Executive Vice-President Engineering for Commercial Aircraft and Head of Technology at Airbus. India is a key market for Airbus,...Read More
A PHDCCI study indicates that the US tariffs, expected to take effect on August 7, 2025, will have a limited impact on India's GDP. The study estimates a potential USD 8.1 billion impact on exports, affecting sectors like engineering goods, gems, and garments. PHDCCI recommends measures like market diversification and joint ventures to mitigate the effects. The 25 per cent tariffs on Indian goods announced by US President Donald Trump will have "negligible" impact on the country's GDP as only U...Read More
Investing.com - India stocks were higher after the close on Monday, as gains in the Metals, Real Estate and Auto sectors led shares higher. At the close in NSE, the Nifty 50 rose 0.64%, while the BSE Sensex 30 index climbed 0.52%. The best performers of the session on the Nifty 50 were Hero MotoCorp Ltd (NSE:HROM), which rose 5.34% or 230.30 points to trade at 4,541.90 at the close. Meanwhile, Tata Steel Ltd (NSE:TISC) added 4.08% or 6.24 points to end at 159.25 and Adani Ports and Special Eco...Read More