New Delhi, Aug 1 (PTI) Air India's flight from London to the national capital on Friday was delayed by more than 11 hours and will now depart on Saturday morning. "Flight AI2018 from London Heathrow to Delhi on 1 August is delayed due to the late arrival of incoming aircraft and is now scheduled to depart at 0800 hrs local time on 2 August. The delayed arrival resulted in the crew coming under the mandatory flight duty time limitation norms as well as night curfew restricting operations at Lond...Read More
Palghar, Maharashtra: The Directorate of Enforcement (ED), Mumbai Zonal Office, has intensified its probe into the multi-crore Vasai-Virar City Municipal Corporation (VVCMC) construction scam, conducting a major search operation across 12 locations in Mumbai, Pune, Nashik, and Satara on July 29, 2025. The raids were carried out under the Prevention of Money Laundering Act (PMLA), 2002, in connection with the case involving Jayesh Mehta and others, including senior VVCMC officials. The searches ...Read More
By Serene Cheong and Yongchang Chin Aug 1, 2025 (Bloomberg) -India's largest oil refiner has snapped up millions of barrels of crude from the US and UAE, with the South Asian nation facing mounting pressure from US and Europe over its purchases from Russia. State-owned Indian Oil Corp, bought at least 5 million barrels US crude, on top of two million barrels of supplies from Abu Dhabi, according to traders who asked not to be identified as they aren't authorized to speak publicly. The purchase...Read More
Navi Mumbai: Cidco began crafting a Comprehensive Mobility Plan (CMP) for Navi Mumbai and the Navi Mumbai Airport Influence Notified Area (NAINA) regions. This initiative seeks to establish sustainable and inclusive transport solutions extending to 2054. The programme emphasises safety, efficiency, and environmental consciousness whilst connecting various transport modes and encouraging public transit usage. According to Cidco, the plan takes an all-encompassing view, considering public transpor...Read More
Chandigarh: The Punjab and Haryana High Court on Friday dismissed a petition filed by actor-turned-politician Kangana Ranaut for quashing a defamation case against her by a Bathinda-based elderly protester. Ranaut, who is BJP MP from Himachal Pradesh's Mandi seat, had sought quashing of the criminal case filed against her under Sections 499 and 500 IPC as well as the summoning order issued by Bathinda district court on February 22, 2022, and all the subsequent proceedings in the matter. It may...Read More
Palghar, Maharashtra: The Enforcement Directorate (ED) has uncovered a massive construction-related bribery racket in the Vasai-Virar region, revealing that former Municipal Commissioner Anilkumar Pawar and former Town Planning Deputy Director Y.S. Reddy allegedly collected bribes amounting to ₹35 per square foot for approving new buildings. Commissioner Took ₹25/Sq Ft, Town Planner ₹10: ED According to ED findings, ₹25 per sq ft was charged by the Commissioner, while ₹10 per sq ft went to the...Read More
Mumbai: The Enforcement Directorate (ED) has issued a Look Out Circular (LoC) against Anil Ambani, chairman of the Anil Dhirubhai Ambani Group (ADAG), in connection with its ongoing probe into an alleged Rs 17,000-crore bank loan fraud case. The LoC was issued on Friday at the request of the federal financial probe agency to prevent Ambani from leaving the country without prior clearance, senior officials confirmed. Ambani Summoned in ₹17,000 Crore Bank Fraud Investigation The ED has summoned ...Read More
Numbers Report - August 01, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we'll dig into some data and provide a bit of explanation on what drives the numbers. Let's take a look. OPEC+ to Finish the Unwinding Job with September Superhike Following the joint ministerial monitoring committee meeting last week, eight leading members of OPEC+ will be meeting on Sunday (Aug...Read More
NEW DELHI, Aug 1 (Reuters) - India has completed due diligence for the stake sale of IDBI Bank (IDBI.NS), opens new tab and plans to invite financial bids between October and December, the country's divestment secretary said on Friday. A successful bidder will be announced by the end of March 2026, said Arunish Chawla, Department of Investment and Public Asset Management Secretary. Banking sector deals in India, especially those involving foreign entities, are rare. A full takeover of troubled...Read More
Chennai: India's goods exports to the US may come down by 30 per cent to $60.6 billion in FY26. India's merchandise export performance is also projected to contract by 4 per cent in FY26. While India has been charged with a 25 per cent tariff and threatened with an additional penalty, Asian peers have tariffs between 15 to 20 per cent. Inclusion of pharmaceuticals and energy products in the list of goods with tariffs, will also affect India's exports. Quick estimates by GTRI suggest that India...Read More
NEW DELHI: Former Chhattisgarh chief minister Bhupesh Baghel intensified his attack on the Adani Group, alleging that Enforcement Directorate's arrest of his son, Chaitanya, was a deliberate move to silence those who speak out against the conglomerate."I got the permission to meet my son for 30 minutes. There is no case against him... This is an effort to suppress any voice raised against Adani. If anyone raises their voice against Adani Group, then they will also be treated like Bhupesh Baghel'...Read More
Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as altern...Read More
Varanasi: The Central govt will organise a two-day 'Youth Spiritual Summit' on the theme 'Drug-Free Youth for a Developed India' in Varanasi on Saturday and Sunday."Over 500 young representatives from 100 spiritual and socio-cultural organisations across the country will take part in the summit organised by Ministry of Youth Affairs and Sports. It aims to promote the collective national resolve inherent in India's spiritual heritage," a PIB release said.Dignitaries, including the Himachal Prades...Read More
India will be able to address the apprehensions of the private sector globally about investments in the civil nuclear sector, which was opened up to achieve the ambitious target of producing 100 GW of atomic power by 2047, Union Minister Jitendra Singh has asserted. Mr. Singh, who oversees the Department of Atomic Energy, said changes in relevant rules and legislations will have to be made to facilitate the entry of the private sector in the field of nuclear energy, which currently is under tig...Read More
Kerala's Samrudhi SM-12 lottery offers a top prize of Rs 1 crore. Other prizes range from Rs 1 crore to Rs 50. Winners have a 30-day window to claim prizes. Results are published in the Kerala Government Gazette. Kerala Lottery Results Samrudhi SM-12 is among the seven lotteries that are held by the Kerala State Lotteries Department weekly. The draw for Samrudhi SM-12 lottery takes place at 3 pm. An alphabetical code identifies each lottery, and the code for the Samrudhi lottery is "SM." The re...Read More
India's automobile exports surged 22% year-on-year in the April-June quarter, fueled by record passenger vehicle shipments and strong growth in two-wheelers and commercial vehicles. Passenger vehicle exports hit an all-time high, driven by demand in the Middle East, Latin America, and reviving neighboring markets. Maruti Suzuki led the PV export growth, while Hyundai Motor India also saw a significant increase. Automobile exports from India grew 22 per cent year-on-year in the April-June quarte...Read More
The underperformance in the IT sector continued to be a drag on the markets, as global demand uncertainty and conservative outlooks from major players weighed heavilySource : ABPLIVE AI Indian equity markets extended their downward trajectory for the third straight week, with benchmark indices slipping below key psychological levels amid lukewarm Q1 FY26 earnings, particularly from IT and financial companies. Analysts attributed the sustained correction to weak earnings momentum and cautious fo...Read More
The High Court has directed that caution should be exercised, as there is a possibility of errors while using AI tools. The Kerala High Court on Sunday directed the courts not to use Artificial Intelligence (AI) tools to issue orders. The High Court has issued special guidelines in this regard for judicial officers and others. The High Court has directed that cloud-based AI tools, such as ChatGPT, should not be used to issue orders, and action will be taken if these guidelines are violated. T...Read More
NTPC has stopped the installation of Flue-Gas Desulphurisation systems at five under-construction power plants. This follows a government notification exempting many thermal plants from needing FGD. The order impacts projects with over 7 GW capacity. Bharat Heavy Electricals Limited may seek compensation. The Ministry of Environment, Forest and Climate Change issued the exemption. NTPC has asked Bharat Heavy Electricals Ltd (BHEL) to halt installation of flue-gas desulphurisation (FGD) systems ...Read More
India's electronics exports have surged past USD 40 billion, marking an impressive eight-fold growth in the last 11 years, accompanied by a six-fold increase in domestic electronics production. The nation anticipates the first Made in India semiconductor chip to be commercially manufactured this year. Hyderabad, India's electronics exports have soared past USD 40 billion, marking an eight-fold growth over the last 11 years, Union Minister Ashwini Vaishnaw said on Saturday. He also highlighted ...Read More
Tea exports from India increased by 2.85 per cent in the 2024-25 financial year as compared to the previous fiscal, according to official data. The tea exports from the country increased from 250.73 million kilograms to 257.88 million kilograms. According to the latest Tea Board data, the export volume from North India during the 2024-25 fiscal touched 161.20 million kilograms, registering a rise of 8.15 per cent from 149.05 million kilograms in the 2023-24 financial year. ALSO READ: Small te...Read More
As per the ED, illegal online betting platforms have been defrauding the public, laundering large sums of money, and evading taxes running into crores of rupees. India's Enforcement Directorate (ED) has summoned representatives from Google and Meta as part of an ongoing money laundering probe into illegal online betting platforms, ANI reported on Saturday, citing official sources. According to ANI, the representatives of the two global tech firms have been asked to appear before the agency on ...Read More
New Delhi, Jul 20 (PTI) Coworking firm Indiqube Spaces Ltd, which will soon launch an initial public offering (IPO), has posted a net loss of ₹139.61 crore during the last fiscal on higher expenses. The net loss of Indiqube Spaces, which provides managed office spaces to corporates, stood at ₹341.50 crore during the 2023-24 fiscal. Its total income rose to ₹1,102.93 crore in 2024-25 from ₹867.66 crore in the preceding year, according to its red herring prospectus (RHP) filed with Sebi. Indiqu...Read More
Varanasi: Union Minister Mansukh Mandaviya stated that the aim is to prepare a roadmap whereby the Union government, the State government, and religious organisations join forces with Prime Minister Narendra Modi's Nasha Mukt Bharat Abhiyan (Drug-Free India). He was speaking after inaugurating the 'Youth Spiritual Summit' on the theme 'Nasha Mukt Yuva for Viksit Bharat' at the Rudraksh International Cooperation and Convention Centre in Varanasi, Uttar Pradesh. The Union Minister stated that th...Read More
Mumbai, July 20 (SocialNews.XYZ) The upcoming week is expected to be crucial for Indian stock markets, with a mix of domestic and global factors likely to influence investor sentiment including key Q1 earnings, PMI data, infrastructure output figures, and developments around the India-US trade deal. Between July 21 and 25, several major companies -- including Dr. Reddy's Laboratories, Bajaj Finance, Nestle India, and Cipla -- will announce their financial results for the first quarter (Q1) of F...Read More
New Delhi, July 20 (SocialNews.XYZ) India's automobile exports grew by 22 per cent year-on-year (YoY) in the April-June quarter of the current financial year (Q1 FY26), according to data released by the Society of Indian Automobile Manufacturers (SIAM). This strong growth was driven by record shipments of passenger vehicles, along with solid performance in two-wheelers, commercial vehicles, and three-wheelers. In total, India exported 14,57,461 vehicles across all categories in the first quart...Read More
New Delhi, July 20: Union Minister Jitendra Singh, who oversees the Department of Atomic Energy, has said that changes in relevant rules and legislations will have to be made to facilitate the entry of the private sector in the field of nuclear energy, which currently is under tight control of the Centre. "The announcement has already been made in the Union Budget, but we will have to frame rules, also possible legislation to actually move on, which will take a lot of consideration, a lot of in...Read More
New Delhi [India], July 20 : Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt ... New Delhi [India], July 20 : Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt has said that the India-UK Free Trade Agreement is projected to increase bilateral trade between the two countries by Euro 25.5 billion every year. She highlighted that under this FTA, there are provisions for tariff reductions on 90 per cent of traded goods bet...Read More
New Delhi [India], July 20 (ANI): India's tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The report added that the rising premiumisation is expected to give a slight leg-up to realisations. However, escalating trade tensions and the risk of dumping by Chinese produ...Read More
New Delhi [India], July 20 (ANI): Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt has said that the India-UK Free Trade Agreement is projected to increase bilateral trade between the two countries by Euro 25.5 billion every year. She highlighted that under this FTA, there are provisions for tariff reductions on 90 per cent of traded goods between the two countries. Also Read | Chandra Barot Dies: Amitabh Bachchan's 'Don' Movie Director Chandra Barot Passe...Read More