THOOTHUKUDI, India (AP) -- Vietnam's Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports t...Read More
Mumbai (Maharashtra) [India], August 4 (ANI): Indian stock markets opened with marginal gains on Monday as the indices rebounded from oversold levels despite ongoing foreign portfolio investor (FPI) outflows and weak global cues. The NIFTY 50 index opened at 24,596.05, showing a slight increase of 30.70 points or 0.12 per cent. Meanwhile, the BSE Sensex began the day at 80,765.83, with a modest gain of 165.92 points or 0.21 per cent. Also Read | RBI Monetary Policy Meet: 3-Day RBI MPC Begins, ...Read More
THOOTHUKUDI, India (AP) - Vietnam´s Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India´s Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to...Read More
Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. ...Read More
New Delhi, August 4: The much-awaited Reserve Bank of India's Monetary Policy Committee (MPC) meeting from August 4-6 comes at a time when the global economy is facing fresh challenges amid US tariffs -- with India set to face 25 per cent tariffs from August 7. According to economists, the Central Bank has reasons to consider another rate cut of at least 25 bps, as upcoming US tariffs may affect exports and slow down the overall economic activity. According to a latest SBI Research report, the R...Read More
Mumbai (Maharashtra) [India], August 4 (ANI): Indian stock markets opened with marginal gains on Monday as the indices rebounded from oversold levels despite ongoing foreign portfolio investor (FPI) outflows and weak global cues. The NIFTY 50 index opened at 24,596.05, showing a slight increase of 30.70 points or 0.12 per cent. Meanwhile, the BSE Sensex began the day at 80,765.83, with a modest gain of 165.92 points or 0.21 per cent. Experts attributed the opening gains to a technical bounce a...Read More
HYDERABAD: The Rachakonda police have arrested four persons for operating an illegal horse race betting racket and seized Rs 2 lakh in cash. They also froze Rs 2.42 lakh in their bank accounts. The accused -- identified as Thokala Nagesh, Borra Venkaiah Chowdhary, Challa Ramesh Babu, and D Sunil -- were actively involved in organising the betting operation. The key accused, Nagesh, hails from Old Guntur in Andhra Pradesh. A graduate from Mahaveer College, Nagarjuna University, he previously wo...Read More
Hyderabad: Mahindra University recently held its fourth annual convocation, celebrating the achievements of 956 students at its Bahadurpally campus. The graduating class included 943 students from its engineering, management, law, and education schools, as well as 13 PhD scholars. The ceremony was attended by proud parents, faculty, and special guests. The event's Chief Guest was G V Prasad, Co-Chairman and Managing Director of Dr Reddy's Laboratories. The ceremony was presided over by Mahindra...Read More
BHUBANESWAR: City police have arrested two inter-state burglars from New Delhi and seized Rs 18 lakh cash from them. The two accused Khursheed Khan (48) and MD Arif (28), both residents of New Delhi, were brought to Odisha in connection with the case registered against them by Saheed Nagar police. Khan and Arif had broken open the door of assistant commissioner of CT and GST Bhabashree Bhabesh Bal's government quarters at Unit-IX area on July 21 when no one was present and decamped with gold or...Read More
NEW DELHI: Amid worsening weather conditions and continuous rainfall in parts of Uttar Pradesh, all government and private schools from Classes 1 to 12 in Lucknow will remain closed on Monday, according to district magistrate Visakh G Iyer.Several parts of Varanasi were inundated on Monday following relentless downpours and a steady rise in the water level of the River Ganga. The river has been rising continuously since Saturday, triggering concerns of urban flooding.In response, authorities hav...Read More
Chennai (Tamil Nadu) [India], August 4 (ANI): Actor and Makkal Needhi Maiam founder Kamal Haasan made strong remarks on the necessity of education while addressing a gathering at the Agaram Foundation event in Chennai. Education is the only weapon that can break the chains of dictatorship and Sanatan, the Rajya Sabha MP said on Sunday. Kamal Haasan added, Dont take anything else in your hands, only education. We cannot win without it, because the majority can make you lose. Majority Fools (Moo...Read More
Cuttack (Odisha) [India], August 4 (ANI): Odisha Crime Branch arrested Vice-President of the Board of Secondary Education (BSE), Odisha, Nihar Ranjan Mohanty, in the Odisha Teacher Eligibility Test (OTET) question paper leak case, Director General of Police (DGP) Vinaytosh Mishra said. Speaking to ANI on Sunday, DGP Mishra said that initially, the data entry operator of the board, Jitan Maharana, was believed to be the main culprit in the case, but further investigation revealed that Maharana l...Read More
Kanpur (Uttar Pradesh): Sanjay Dwivedi, the father of Pahalgam terror attack victim Shubham Dwivedi, has written two letters to Prime Minister Narendra Modi demanding compensation for the families of the April 22 deadly attack victims and for granting them "martyr status", news agency ANI reported. Shubham Dwivedi was among the 26 people killed by terrorists in Baisaran Valley near Pahalgam....Read More
Cuttack (Odisha) [India], August 4 (ANI): Odisha Crime Branch arrested Vice-President of the Board of Secondary Education (BSE), Odisha, Nihar Ranjan Mohanty, in the Odisha Teacher Eligibility Test (OTET) question paper leak case, Director General of Police (DGP) Vinaytosh Mishra said. Speaking to ANI on Sunday, DGP Mishra said that initially, the data entry operator of the board, Jitan Maharana, was believed to be the main culprit in the case, but further investigation revealed that Maharana l...Read More
BENGALURU: The Karnataka Tank Conservation and Development Authority (KTCDA) on Sunday proposed a scientific modification of buffer zones around lakes and nalas, linking buffer widths to the size of water bodies, which is said to be the first-of-its-kind move in the country. According to KTDCA, the proposal follows a comprehensive study of buffer zone practices across states and aims to address disproportionate restrictions caused by the current uniform 30-metre buffer prescribed by the Supreme...Read More
HYDERABAD: If sources are to be believed, the report submitted by the PC Ghose Commission of Inquiry holds BRS president and former chief minister K Chandrasekhar Rao "directly and vicariously accountable" for irregularities in the planning, execution, completion, and operation and maintenance (O&M) of the Kaleshwaram Lift Irrigation Scheme (KLIS). According to highly placed sources, the Commission reportedly found that the project was taken up without Cabinet approval and fixed responsibility ...Read More
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India's semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country's grow...Read More
Mumbai: Man held at airport with marijuana worth Rs 14.73 cr concealed in 'diplomatic' cargo Mumbai Customs arrested a traveller from Bangkok at the international airport for smuggling 15 kg of hydroponic weed worth Rs 14.73 crore. The drugs were hidden in a bag marked as a "Diplomatic Pouch" of the MEA, complete with fake seals and documents. A case has been filed under the NDPS Act. Mumbai Customs has arrested a traveller at the international airport here for allegedly trying to smuggle 15 k...Read More
Dehradun (Uttarakhand) [India], August 4 (ANI): In Uttarakhand, the India Meteorological Department (IMD) has issued an orange alert for three days in the districts of Dehradun, Nainital, Champawat, Bageshwar, Pauri Garhwal and Udham Singh Nagar. In view of the alert issued by the IMD, the Dehradun district administration announced the closure of all schools up to Class 12 and Anganwadi centres on August 4, 2025. Also Read | Drug Party Raided in Hyderabad: 6 Techies Arrested for Consuming LSD ...Read More
HYDERABAD: The road widening works for the proposed Metro rail corridor between MGBS and Chandrayangutta have gained momentum. Hyderabad Metro Rail Ltd. managing director NVS Reddy stated that the alignment has been carefully designed to be optimal while minimising the number of affected properties. He mentioned that daily review meetings are being conducted with engineering and revenue officials to monitor progress. "Initially, we have estimated that around 1,100 properties would be impacted...Read More
Hyderabad, August 3: Six IT professionals were arrested by the Prohibition and Excise Department of Telangana for consuming drugs during a party at a farmhouse in Moinabad near Hyderabad. The techies were found consuming LSD blots, hash oil and alcohol at a birthday party late on Saturday, police said on Sunday. Acting on a tip-off, the Telangana Excise Task Force conducted a raid at a farmhouse and seized drugs and foreign liquor. According to the excise police, a drug test was conducted on th...Read More
New Delhi: The Press Information Bureau, the central government's nodal agency for disseminating information, has officially dismissed as fake the social media posts claiming India was considering suspending bilateral agreements with the United States, days after US President Donald Trump's 25% plus penalty move against India. The PIB's Fact Check unit, in a post on Sunday evening, said several social media posts are falsely claiming that the External Affairs Ministry has stated "India may susp...Read More
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country growing ...Read More
MUMBAI: HUL reported a 4% year-on-year rise in total sales to Rs 15,747 crore on a standalone basis in the June quarter, improving its pace of growth which had been subdued over the past few quarters on the back of sustained recovery in rural markets and some signs of uptick in urban regions. Easing food inflation, low interest rates and tax breaks have put more money in the hands of consumers, aiding spends on soaps, shampoos and packaged food. The revival in urban markets which continues to la...Read More
The government mandates using major wind turbine components from the Approved List of Models and Manufacturers (Wind), renamed from RLMM, to ensure quality and energy security. This amendment strengthens cybersecurity by requiring data centers within India. Exemptions are provided for existing projects and new manufacturers to promote innovation and domestic manufacturing in the wind sector. New Delhi, The government has made the use of major wind turbine components from the Approved List of Mo...Read More
Mahindra & Mahindra is proactively managing potential rare earth magnet supply disruptions caused by China's export restrictions. The company is securing alternative sources for the next nine months and investing in engineering solutions for long-term supply chain resilience. While Maruti Suzuki and Hyundai India haven't faced production impacts, M&M is preparing for future growth amid industry-wide concerns. Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sou...Read More
JSW Cement's IPO is set to launch on August 7, aiming to raise Rs 4,000 crore through a fresh issue and offer for sale. Proceeds will fund a new cement unit, repay debt, and support general corporate needs. The company focuses on green cementitious products, poised to benefit from India's growing industrial sector and cement demand. The IPO of JSW Cement is likely to open for subscription on August 7, according to a report from Fortune India. The issue will close on August 11. JSW Cement, part ...Read More
The Telangana Cyber Security Bureau (TGCSB) arrested 228 individuals, including 27 women, for their involvement in various cybercrimes between 1 January and 31 July this year. The arrests were made through its seven cybercrime police stations across Telangana and other states, including Andhra Pradesh, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, West Bengal and Jharkhand. The director of TGCSB, Shikha Goel, said that the arrested people are linked to 1,313 cybercrime cases nationwide and 1...Read More
Indian negotiators had not expected to conclude a meaningful deal in time to meet Mr. Trump's revised deadline of Aug. 1. But they did expect to be treated as well as their neighbors, and to keep haggling with American officials until October or November, when Mr. Trump was invited to visit India as part of the Quad defense group, which brings together four big democracies -- India, the United States, Japan and Australia -- with a shared interest in standing up to China. Instead, they were fed ...Read More
The Hyderabad metro rail corridor between MGBS and Chandrayangutta is gaining traction, with pillar marking and road widening underway. Engineering redesign has reduced affected properties, with compensation disbursed and demolitions completed. Preparatory work has commenced, including soil testing and utility shifting, with overhead electricity lines to be converted to underground cabling. he proposed metro rail corridor between MGBS and Chandrayangutta in the Old City here has gained momentum...Read More