New Delhi [India], August 2 (ANI): India has launched the first phase of four projects in nine partner countries for achieving the Sustainable Development Goals (SDGs) under the aegis of the India-UN Global Capacity Building Initiative. The details were shared by the Ministry of External Affairs on Friday. As per the MEA, the projects will focus on key areas including food security, health, vocational training, and census preparedness. In a post on social media platform X, MEA stated, Fosteri...Read More
Kolkata: ITC saw a marginal decline in net profit in the first quarter of FY26 to Rs 4,912 crore from Rs 4,917 crore in Q1FY25. Its revenue, however, saw a 20% jump from Rs 17,457 crore to Rs 20,911 crore.According to the company, the marginal decline in net profit was due to the demerger of its hotel business. Profit figures for Q1FY25 included Rs 97.5 crore from the hotels business. The conglomerate's profit would have been Rs 4,820 crore. The rise in revenue was largely due to cigarette and a...Read More
Dehradun (Uttarakhand) [India], August 2 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami laid the foundation stone of Gramya Vikas Bhawan to be built at a cost of Rs 58.32 crore here. He also planted saplings on the campus. The Chief Minister said that this building will prove to be important in the field of rural development. Dhami said that the state government is promoting local livelihood through the One District, Two Products Scheme and is getting its traditional products recognised...Read More
New Delhi: Enforcement Directorate on Friday put travel curbs on Reliance ADAG chief Anil Ambani by issuing a lookout circular after summoning him for questioning at the agency HQ here on Aug 5 in connection with an alleged money laundering racket involving group entities. The summons were based on findings of probes being conducted by multiple agencies.On Friday, ED searched three premises in Bhubaneswar and one in Kolkata after finding alleged evidence of Rs 68-crore fake bank guarantee provid...Read More
New Delhi: The Enforcement Directorate (ED) issued a lookout circular against Anil Ambani on Friday, August 1, to prevent him from leaving India. The update came hours after it summoned the Reliance Group Chairman for questioning on August 5 in connection with an alleged Rs. 17,000 crore bank loan fraud case. Shares of Anil Ambani's companies, Reliance Power and Reliance Infrastructure, dropped by up to 5 per cent in early trading on Friday, soon after news reports said that the Enforcement Dir...Read More
Lucknow: Chhangur Baba, the alleged mastermind of illegal religious conversion racket, on Friday denied all allegations and accused three individuals of extortion and falsely implicating him.Speaking briefly after his Enforcement Directorate (ED) remand ended on Friday and he was sent back to jail, Chhangur repeatedly asserted: "I am innocent. I have not converted a single person."He accused Wasiyuddin, Mohammad Ahmad and Santosh Singh of extortion and falsely implicating him. "They are demandin...Read More
NEW DELHI: Even as the India-US relationship comes under strain because of President Donald Trump's trade weaponisation, the Indian govt reposed hope in bilateral ties, with the ministry of external affairs (MEA) saying on Friday that the partnership has weathered several transitions and challenges, and that India is confident the relationship will continue to move forward."This partnership has weathered several transitions and challenges. We remain focused on the substantive agenda that our two...Read More
Chandigarh: Punjab finance minister Harpal Singh Cheema on Friday claimed that the state had achieved record tax revenue growth, with the goods and services tax (GST) collection registering a net growth of 32.08% in July 2025 compared to the corresponding period last year."This robust performance is part of the state's consistent trend of setting record-breaking growth in tax revenue year-on-year and month-on-month for the last three and a half years," said Cheema.The minister elaborated that th...Read More
Chandigarh: Officials of Municipal Corporation Chandigarh have revealed that the top 20 property tax defaulters of the city are yet to clear dues of over Rs 190 crore, while property tax arrear cases worth Rs 62 crore are under litigation in the Punjab and Haryana high court. Citing different reasons, occupants of seven properties, out of the top 20, have challenged the MC's arrears amount, following which the authority failed to recover the amount from them. All these properties fall under the ...Read More
New Delhi: In a notable growth for India's trade relations with the United States, a substantial portion of the country's major export categories, including pharmaceuticals, critical minerals, and electronic devices, are reportedly set too be exempted from the recently announced 25% tariffs imposed by former President Donald Trump. This move is expected to shield a significant chunk of India's export economy from the direct impact of the new trade measures. According to reports from the n...Read More
Chennai: Tamil Nadu govt and IIT-Madras have joined hands to to scientifically manage and recycle municipal and rural solid waste using advanced technology. Govt signed memorandum of understanding (MoU) with IIT-M engaging it as the state's academic and knowledge partners. The agreement was inked between the Clean Tamil Nadu Company Limited (CTCL) and IIT-M in the presence of chief minister M K Stalin at the Secretariat. The initiative is part of state's 'Thuimai Iyakkam' (Clean Tamil Nadu Movem...Read More
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BE...Read More
New Delhi [India], August 1 (ANI): With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Srivastava, founder of trade think tank Global Trade Research Initiative (GTRI), has said. 'Bangladesh and Vietnam are big players in garment exports and have a better tariff ...Read More
New Delhi [India], August 1 (ANI): India on Friday launched the first set of four development projects under the 'India-UN Global Capacity Building Initiative,' aimed at supporting countries of the Global South in meeting Sustainable Development Goals (SDGs), as per MEA. The projects were officially launched by the Secretary (West) in the Ministry of External Affairs, Tanmaya Lal, at a ceremony attended by Heads of Missions of participating countries, UN Resident Coordinator in India Shombi Sha...Read More
Jammu, Aug 1: Central Reserve Police Force (CRPF) has stated that "No Objection Certificate" has not been issued to its soldier Munir Ahmed for marrying a Pakistan national. The Force has also described the dismissal order of Munir Ahmed as "correct as per rules and in order" and has sought rejection of the writ petition filed by him (Munir). In its objections filed in the High Court of Jammu & Kashmir and Ladakh at Jammu on July 29, 2025, in the matter of Munir Ahmed versus Union of India and...Read More
Dehradun (Uttarakhand) [India], August 2 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami laid the foundation stone of Gramya Vikas Bhawan to be built at a cost of Rs 58.32 crore here. He also planted saplings on the campus. The Chief Minister said that this building will prove to be important in the field of rural development. Dhami said that the state government is promoting local livelihood through the One District, Two Products Scheme and is getting its traditional products recognised...Read More
Chandigarh, Aug 1 (UNI) Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema said today that the state has once again broken records in tax revenue growth, with Goods and Services Tax (GST) collections registering a net increase of 32.08 per cent in July 2025 compared to the same period last year. He stated that this robust performance is part of a consistent trend, with the state recording year-on-year and month-on-month growth in tax revenue for the past three and a half...Read More
The Boeing 747 Jumbo stands out for being the most popular quad-engined commercial passenger jet to exist. It also boasted the longest production run of any commercial jet in its class. But why was it designed with four engines and not two, three, or even six? When answering this question, it is necessary to look back in time to the 1960s when the original 747-100 was developed. Put simply, the 747 has four engines to meet the Boeing 747-100 performance requirements. In the 1960s, engine techno...Read More
The regulator's latest proposal seeks public comments on a revised framework that would bring parity by incorporating comprehensive criteria for third-party certifiers of green bonds on non-convertible securities. Sebi on Friday said it has proposed to tighten the norms to appoint independent third-party reviewers or certifiers for green debt securities to align them with requirements for other ESG-linked bonds. In a draft circular, Sebi said that the current norms for green bonds, introduced ...Read More
Tesla is set to inaugurate its inaugural charging station in Mumbai next week, marking its entry into the Indian market. The station will feature both Supercharging and Destination charging stalls, offering varying charging speeds and prices. This is the first of eight planned Supercharging sites across India, aiming to enhance the electric vehicle ownership experience. American electric car maker Tesla on Friday said it will launch its first charging station in Mumbai next week. The company, ...Read More
Amid rising complaints over the Maharashtra State Road Transport Corporation's (MSRTC) parcel service, the state transport body has announced that bus drivers and conductors will now be held directly responsible for any delays, damages, or loss of parcels during transit. This decision follows a surge in grievances from citizens reporting that parcels sent via MSRTC often arrive late, damaged, or not at all. According to the MSRTC Pune division, the directive was issued by the general manager o...Read More
Chandigarh: Despite Punjab govt's strong objections to the Centre's move, Bhakra Beas Management Board (BBMB) has gone ahead with advance payment for the deployment of CISF at Bhakra-Nangal Dam and its other installations.According to sources, BBMB has already made advance payment of over Rs 8.5 crore for the central force deployment. The deployment will be in 'hybrid mode' and CISF will be deployed along with Punjab police personnel, say sources.BBMB decided to go ahead with CISF after taking l...Read More
July 28 (Reuters) - Brown & Brown (BRO.N), opens new tab posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued to grow, even as businesses and individuals pull back in other areas, driven by efforts to guard against climate-related disasters and emerging risks such as cyber threats. The sector's resilience stems from its role as a financial safeguard, making it less sensitiv...Read More
Operating a taxi service in India offers opportunities for growth due to technological advancements and increasing transportation demand. This guide provides detailed steps on how to start and enhance profitability, covering aspects like market research, legal compliance, fleet selection, and establishing an online presence. The burgeoning taxi service industry in India presents a wealth of opportunities for entrepreneurs aiming to tap into the growing demand for transportation. By leveraging t...Read More
US President Donald Trump announced a 25% import duty plus unspecified penalties on Indian goods from August 1, citing India's purchases of Russian crude oil and military equipment. The surprise move comes amid ongoing trade talks. The tariffs may impact Indian exports like telecom, apparel, and gems. India currently holds a $44.4 billion trade surplus with the US across goods and services. US President Donald Trump on Wednesday announced the imposition of a 25 per cent additional import duty p...Read More
New Delhi: The Supreme Court Friday asked BJP leader Rajiv Babbar to consider closing the defamation case against Congress MP Shashi Tharoor over his statement comparing Prime Minister Narendra Modi to a scorpion. A division bench of justices MM Sundresh and N Kotiswar Singh verbally remarked "let us close all these things. Why get so touchy about all this? This way, administrators and judges come in the same group and have thick skin". The development took place during the resumed hearing of a...Read More
Ahmedabad: Work on the bullet train project took a major step forward with the completion of eight large circular piers for a bridge being built over the Sabarmati river in the city. The bridge is part of the Ahmedabad-Mumbai bullet train corridor and will be 36m (about 12 storeys) tall and 480m long.The bridge is being constructed next to the existing Ahmedabad-Delhi railway line. In comparison, the bullet train bridge will be significantly taller -- around 118 feet above the river level.Offici...Read More
West Bengal's post-settlement SGST -- the state's share after IGST apportionment -- for the April-July period stood at Rs 15,153 crore, a marginal decline of 1 per cent over the same period last year. On a pre-settlement basis, the SGST collection rose 5 per cent to Rs 8,870 crore in the first four months of FY26, up from Rs 8,466 crore a year ago. Among the eastern states, Bihar led the pack with a 16 per cent jump in gross GST collections in July at Rs 1,813 crore, compared to Rs 1,569 crore...Read More
New Delhi, Aug 1: Commerce and Industry Minister Piyush Goyal will hold meetings with exporters from different sectors, including food processing, textiles, engineering, and chemicals, from August 2-4 in Mumbai to discuss the implications of 25 per cent tariff announced by the US, an industry official said on Friday. The official added that exporters from segments such as fisheries, engineering, IT, and pharma will also participate in the deliberations. Leather sector exporters are expected to...Read More
New Delhi, Aug 1: India launched the first phase of four development projects across nine partner countries as part of its 'India-UN Global Capacity Building Initiative'. The programme aims to deepen South-South cooperation in support of the Sustainable Development Goals (SDGs). The launch event was presided over by Secretary (West) in the Ministry of External Affairs, Tanmaya Lal, and attended by heads of missions from participating countries, UN Resident Coordinator in India Shombi Sharp, dip...Read More