MUMBAI, Aug 3 -- US President Donald Trump on Thursday slapped a 25 per cent tariff on Indian goods after prolonged talks that got bogged down over access to India's labour-intensive agricultural sector, which New Delhi has pledged to protect. Why is India opposing the products the US is lobbying for? The United States is pressing India to open its markets to a wide range of American products, including dairy, poultry, corn, soybeans, rice, wheat, ethanol, fruits and nuts. While India is willi...Read More
Why India needs fifth-generation fighter jets: As global skies witness continuous geopolitical tensions including the recent India-Pakistan tensions, India finds itself at a crossroads where its air force needs next-generation firepower or most importantly a fifth-generation fighter jet, it has to choose sides between the US and Russia. We all know that India needs fifth-generation fighter jets because the Sukhoi fleets of the Air Force will be retiring soon and after that, India will left with ...Read More
New Delhi [India], August 3 (ANI): India is undergoing a transformative journey in the semiconductor space, rapidly building an ecosystem that promises to position the country as a major hub in the global chip manufacturing and design value chain. What makes a phone smart? A computer processes millions of commands in a fraction of a second. A TV brings out the reality as it is happening right now. A satellite collects data and sends signals across the world. It all comes down to that tiny thing...Read More
Bhubaneswar: The Directorate of Enforcement (ED) has arrested Partha Sarathi Biswal, Managing Director of Biswal Tradelink Pvt. Ltd. (BTPL), Bhubaneswar, in connection with a money laundering case involving fake bank guarantees worth Rs 68.2 crore. The arrest was made under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. According to an official press release, the ED launched the investigation based on FIR No. 131/2024 registered by the Economic Offences Wing (EOW) of th...Read More
India's First Bullet Train: Railway Minister Ashwini Vaishnaw on Sunday announced that India's first bullet train between Mumbai and Ahmedabad will begin operations very soon, reducing travel time between the two cities to just 2 hours and 7 minutes. He was speaking to reporters at the Bhavnagar terminus in Gujarat after virtually flagging off three trains, namely the Ayodhya Express, Rewa Pune Express, and Jabalpur Raipur Express. He further stated that the bullet train project is progressing r...Read More
New Delhi, Aug 3 (PTI) Vaishnavi Patil stands out with her speed and tremendous mat awareness at the selection trials for the upcoming World Championships. She outwits her rivals one by one to seal her place in the national team in the women's 65kg category for next month's Worlds, scheduled to be held in Zagreb. Seeing her tactical acumen and solid defence, it is hard to believe that she has pursued mat wrestling for only four years and hardly has any big-tournament exposure in the past. Usu...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Popular market analyst and key opinion leader (KOL), Ted Pillows, shares an insight into the Solana (SOL) market, stating the altcoin is likely to experience further price corrections in the short term. This price forecast comes amid a general crypto meltdown during which Solana prices have crashed by over 15% in a week. In an X post on August 1, Pillows outlines a Solana price p...Read More
Bhubaneswar: Odisha Governor Hari Babu Kambhampati has urged real estate developers to expand their investments beyond major urban hubs and into tier-II and tier-III cities to promote balanced urbanisation and sustainable development across the state. Speaking at the Extraordinary General Meeting (EGM) of the Confederation of Real Estate Developers' Associations of India (CREDAI) held in Bhubaneswar on Saturday, the Governor emphasized the need for ethical business practices and customer-first ...Read More
Former India cricket captain Mahendra Singh Dhoni inaugurated 10 eye hospitals/vision centres of Maxivision Super Speciality Eye Hospitals Group in Chennai on Saturday. The expansions are aimed to address the several vision disorders in the city. Mr. Dhoni also launched SiLK Elita -- Chennai's first flapless, blade-free laser vision-correction procedure on its Anna Nagar premises in the presence of G.S.K. Velu, Chairman and Managing Director of Maxivision Eye Hospitals Group; Kasu Prasad Reddy...Read More
Salaried individuals earning up to Rs 12 lakh may soon no longer need old-regime deductions, as the new tax system offers near-zero tax. If you are a salaried employee earning up to Rs 12 lakh annually, this year might be the last time you benefit from deductions under the old tax regime. Starting from the next financial year (FY 2025-26 / AY 2026-27), the new tax regime will make income up to Rs 12 lakh almost tax-free, reducing the need for old-regime tax planning. Currently, you still have ...Read More
New Delhi [India], August 3 (ANI): Since its launch in 2016, the Pradhan Mantri Fasal Bima Yojana (PMFBY) has insured 78.41 crore farmer applications up to June 30, 2025. During this period, around 22.67 crore farmers have received compensation amounting to Rs 1.83 lakh crore, highlighting the scheme wide reach and impact in supporting farmers against crop loss, informed Ramnath Thakur, Minister of State for Agriculture and Farmers Welfare in a written reply to Rajya Sabha on August 1. Pradhan...Read More
Barclays estimates that the new 25% US tariffs, along with penalties on Russian imports, could reduce India's GDP growth by 30 basis points this fiscal year. Despite the higher duties, India's domestic demand-driven economy is unlikely to be significantly affected. New Delhi, The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven ...Read More
Chennai, Aug 3 (PTI) Electric vehicle manufacturer VinFast Auto India, a subsidiary of Vietnam-based VinFast, inaugurated its largest retail outlet in Chennai -- its second showroom in India -- a company official said on Sunday. Located in Teynampet in the city, the 4,700 sq ft facility marks the automaker's first showroom in Tamil Nadu, following its debut outlet in Surat, Gujarat. VinFast plans to establish 35 showrooms across 27 cities in India by the end of the year. The Chennai dealershi...Read More
New Delhi, Aug 3 (PTI) India's cooperative sector is set to challenge ride-hailing giants Ola and Uber with the launch of a taxi service under the brand Bharat by the end of this year, backed by Rs 300 crore authorised capital and having already onboarded 200 drivers across four states. The Multi-State Sahakari Taxi Cooperative Ltd, registered on June 6, represents a consortium of eight prominent cooperatives, including the National Cooperative Development Corporation (NCDC), Indian Farmers Fer...Read More
New Delhi, Aug 3 (SocialNews.XYZ) Railway Minister Ashwini Vaishnaw on Sunday said that India's first bullet train between Mumbai and Ahmedabad will commence operations "very soon," and it will reduce travel time between the two cities to just 2 hours and 7 minutes. Talking to reporters at the Bhavnagar terminus in Gujarat, after virtually flagging off three trains: the Ayodhya Express, Rewa-Pune Express, and Jabalpur-Raipur Express, Vaishnaw stated that the bullet train project is moving quick...Read More
The Union Cabinet has increased the budgetary outlay for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) by ₹1,920 crore, bringing the total to ₹6,520 crore, aiming to boost the food processing sector. These enhanced funds will support the establishment of 50 multi-product food irradiation units and 100 food testing labs. The Union Cabinet on Thursday raised budgetary outlay for the flagship scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) by Rs 1,920 crore to Rs 6,520 crore to boost the f...Read More
Bank holiday today: All scheduled commercial banks in India remain closed on the second and fourth Saturdays of every month. Digital banking services remain available for transactions, offering convenience during holidays. Upcoming holidays include Tendong Lho Rum Faat and Raksha Bandhan.As per Reserve Bank of India (RBI) guidelines, all scheduled commercial banks in India remain closed on the second and fourth Saturdays of every month. However, they operate as usual on the first, third, and fif...Read More
In a bid to deepen financial inclusion, Nippon Life India Asset Management Ltd has opened a branch in Leh and is looking to expand its presence in border areas, its CEO Sundeep Sikka said. With this, Nippon Life India Asset Management (NAM India) -- promoted by Japan's Nippon Life Insurance Company -- becomes the only asset management company in the country to establish a physical presence in such a high-altitude region. This marks NAM India's 167th branch and its presence in 266 pin codes acr...Read More
Nippon Life India Asset Management Ltd. expands financial inclusion by opening a branch in Leh, becoming the first asset management company with a physical presence in the high-altitude region. In a bid to deepen financial inclusion, Nippon Life India Asset Management Ltd has opened a branch in Leh and is looking to expand its presence in border areas, its CEO Sundeep Sikka said. With this, Nippon Life India Asset Management (NAM India) -- promoted by Japan's Nippon Life Insurance Company -- b...Read More
New Delhi: Good news for taxpayers! The ITR filing deadline has been extended to September 15, giving you more time to make smart tax decisions. One key choice is picking between the old and new tax regime. If you're a salaried employee or a pensioner with no business income, you can easily switch between the two each year while filing your return, just by selecting the right option in your ITR form. If you earn income from a business or profession, switching tax regimes comes with stricter rul...Read More
New Delhi, August 3: With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose the old or new tax regime. Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR every year by simply selecting the relevant option on the ITR-1 or ITR-2 form. With commercial or professional income, the regulations are stricter. Only once in your lifetime may you return to the old ta...Read More
Hyderabad (Telangana) [India], August 3 (ANI) Mahindra University in Hyderabad held its fourth annual convocation at its campus in Bahadurpally, Hyderabad on Sunday. A total of 943 students from engineering, management, law, and education disciplines received their degrees at the annual convocation, as per a varsity statement. The ceremony also included the awarding of degrees to 13 PhD scholars. G V Prasad, Co-Chairman and Managing Director of Dr Reddy Laboratories, was the Chief Guest. Mah...Read More
Rudrapur (Uttarakhand) [India], August 3(ANI): Following reports of waterlogging in Indira Colony, Sub-Divisional Magistrate Office, Bajpur area of Udham Singh Nagar district, the SDRF rescue team was promptly dispatched to the site. The team is currently deployed in the affected area, where the water level of the Levada River is receding. No reports of loss of life have been received so far. For security, the SDRF team remains vigilant in the waterlogged area, continuously monitoring potentia...Read More
New Delhi [India], August 3 (ANI): One man died and another was injured after a car caught fire following an accident near Jhanda Chowk on Urban Extension Road-II (UER-II) in Delhi's Hulambi Khurd area in the early hours of Sunday, according to Delhi Police. The deceased has been identified as Vipender, a 40-year-old resident of Puther village in Panipat district, Haryana. The injured person has been identified as Jagbir, also aged 40 and a resident of Ishrana village in the same district. The...Read More
Nagpur: Police on Sunday arrested a man for issuing a bomb threat to Union minister Nitin Gadkari's residence in Nagpur, which later turned out to be a hoax, officials said. The man called up the city police control room on the emergency number 112 in the morning to issue the threat, sending the authorities into a tizzy. During their investigation, the police traced the mobile number from which the call was made. They found that one Umesh Vishnu Raut, a resident of Tulsi Bagh Road near Vima Daw...Read More
New Delhi, Aug 3 (PTI) Disruptions from Artificial Intelligence (AI) will be brief and new jobs will emerge, Karnataka's IT and Biotechnology Minister Priyank Kharge has said, highlighting the state's large-scale reskilling initiatives are underway to prepare talent for new-age technologies. In an interview with PTI, Kharge asserted that Karnataka retains a comfortable lead over others in technology, with strong data and performance vectors backing its position. The state encourages innovation...Read More
NEET PG 2025: In its release, the Board had made arrangements to ensure the safe, smooth and secure conduct of NEET-PG 2025 to restore the faith of medical graduates in the examination system. The National Board of Examinations in Medical Sciences (NBEMS) today concluded the NEET PG 2025 exam with more than 2,42,000 candidates. The exam was conducted in a single shift on the computer-based platform across 301 cities and in 1052 test centres. This is the largest computer-based exam in India in t...Read More
The post-pandemic boom in India's residential real estate appears to be moderating, as steep prices prompt customers to defer purchases. This is perhaps evident in Godrej Properties Ltd (GPL) that clocked sales bookings worth ₹7,082 crore for the April-June period, 18% lower from a year ago, due to a record-high sales base last year and fewer project launches in first quarter of the ongoing fiscal year. "After the euphoric growth in a real estate cycle, the housing sector is entering a phase ...Read More
Guwahati, Aug 3: Continuing his campaign trail for the second straight day in the Bodoland Territorial Region (BTR), Chief Minister Himanta Biswa Sarma reiterated his development pitch ahead of the upcoming September council polls, on Sunday. Reaffirming the BJP's development agenda at a public gathering in Kumarikata, Tamulpur, , the Chief Minister stated, "The BTR needs bridges, schools, and colleges. If candidates from all communities in Assam are getting government jobs in a free and transp...Read More
New Delhi, Aug 3 (PTI) Hiring in the IT services sector has remained stagnant over the past six to seven quarters, with no active demand likely to pick up in the second quarter either, a top official from staffing firm Quess Corp has said. Quess Corp ED and CEO Guruprasad Srinivasan told PTI that demand for technology talents is coming from global capability centres and non-IT companies. "At least for the last six to seven quarters. And we are also not seeing very active demand coming in, even...Read More