New Delhi, August 26: The Federation of Indian Export Organisations (FIEO) on Thursday expressed grave concern over the US government's imposition of an additional 25 per cent tariff on Indian-origin goods, raising total duties on many export categories up to 50 per cent, with effect from Friday. FIEO President S.C. Ralhan described the development as a "setback". He said that the duty hike can severely impact India's exports to the US, with approximately 55 per cent of India's US-bound shipment...Read More
MUMBAI (Reuters) -India's Vodafone Idea Telecom Infrastructure, a wholly owned subsidiary of telecom operator Vodafone Idea, is in talks to raise up to 50 billion rupees ($569.5 million) through a debt sale in September, three sources familiar with the matter said on Tuesday. The unit of India's third-largest wireless carrier plans to issue bonds with tenors of two and three years, raising 30 billion rupees and 20 billion rupees, respectively, the sources said. The company is expected to tap p...Read More
Hansalpur (Gujarat), Aug 26 (PTI) The risk associated with sourcing of lithium due to over dependence on China as the single source is one of the reasons for investors not investing in battery cells manufacturing in India in a major way, Maruti Suzuki India Chairman RC Bhargava said on Tuesday. Speaking at the sidelines of the beginning of exports of Maruti Suzuki India's first electric vehicle e-VITARA to 100 countries, and also the inauguration of production of lithium-ion battery cells for s...Read More
New Delhi [India], August 26 (ANI): The Cyber Cell of Delhi Police has busted an online investment fraud racket with the arrest of its key mastermind and associates, who allegedly duped unsuspecting investors of large sums through fake cryptocurrency schemes, officials said on Tuesday.Deputy Commissioner of Police (Cyber Cell) Aditya Gautam said that the case came to light after a complaint lodged by a 47-year-old stationery shop owner in Mahendru Enclave, who reported losing Rs 39.5 lakh after ...Read More
New Delhi [India], August 26 (ANI): The revenue growth of India's readymade garment (RMG) industry is expected to slow sharply to 3-5 per cent this fiscal, nearly halving from last year's levels, according to a report by Crisil Ratings. The report added that that will impact the credit indicators for industry participants, as well as a drop in profitability. The impact will vary by company, some of which get more than 40 per cent of their revenue from the US, the report added, based on the ana...Read More
Kolkata: Metro Railway does not expect a very high passenger count on the 4.4 km extension of the Orange Line from Ruby to Metropolitan right now. Officials said once the 366 m viaduct is launched to bridge the gap at Chingrighata, the line will be able to cover another 4 km to the IT hub at Sector V and meet the East-West Metro. "That's when it will benefit thousands who commute to Sector V," an official said."Metro Railway is eager to ring the city with the Orange and Green Lines," Metro GM P ...Read More
The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a senior tax official said on Monday. Talking to PTI, Central Board of Direct Taxes (CBDT) member (Legislation) RN Parbat also said the department will come out with a fresh set of FAQs on the new Income Tax Act and come out with SoPs and guidance notes. President Droupadi Murmu, on August 21, gave her as...Read More
Indian Renewable Energy Development Agency (IREDA) anticipates a revenue surge. The company aims for a 21% increase in revenue from operations, targeting Rs 8,200 crore this fiscal year. IREDA signed an MoU with the Ministry of New and Renewable Energy. The government set a revenue target of Rs 8,200 crore for fiscal year 2025-26. IREDA exceeded its previous revenue target. State-owned Indian Renewable Energy Development Agency (IREDA) on Monday said it is eying over 21 per cent growth in reven...Read More
The trade was suspended in 2020 due to the COVID-19 pandemic. Shimla: China has agreed in principle to the proposal of resuming trade through Shipki-La in Kinnaur district of Himachal Pradesh during the recent visit of its Foreign Minister Wang Yi to India, a statement by the state government said on Sunday. The trade was suspended in 2020 due to the COVID-19 pandemic. External Affairs Minister S Jaishankar has informed the state government that the Government of India had initiated discussi...Read More
CareEdge Ratings upgraded Adani Green Energy's rating from 'AA-' to 'AA/Stable', highlighting its market leadership, robust execution, and strong financial profile. With an operational capacity of 15.8 GWAC and plans to reach 50 GWAC by 2030, AGEL's growth is underpinned by long-term power purchase agreements. Adani Green Energy has received an upgrade in its credit rating from CareEdge Ratings, moving from 'AA-' to 'AA/Stable'. This development comes as a result of the company's prominent mark...Read More
Odisha Chief Minister Mohan Charan Majhi announced a cadet pilot program to train tribal girls under the B-MAAN initiative, offering free pilot training to 10-15 girls annually for five years. The state is developing aviation infrastructure, including a world-class airport in Puri, expansion of Jharsuguda airport, and a training center in Dhenkanal. Odisha Chief Minister Mohan Charan Majhi on Monday said his government will launch a cadet pilot programme to train tribal girls to become pilots. ...Read More
Bank of Maharashtra aims to meet the 25% minimum public shareholding. Another share sale will help the bank lower government stake. The finance ministry has asked five public-sector banks to increase public shareholding by August 1, 2026. BoM raised Rupees 3,500 crore through a QIP in October. The bank is evaluating fundraising options. State-owned Bank of Maharashtra is confident of meeting the minimum public shareholding norm of 25 % after one more tranche of fundraising in the current fiscal...Read More
NEW DELHI: Oil and Natural Gas Corporation Limited (ONGC) on Monday announced the commencement of natural gas sales from the Chinnewala Tibba field, located in Rajasthan's Kutch Onland Exploratory Asset (RKOEA). The field is part of the Discovered Small Field (DSF-II) Block RJ/ONDSF/Chinnewala/2018, and production began on August 25, 2025. In a press release, the company said that this milestone marks the successful monetisation of the Chinnewala Tibba field and reinforces ONGC's commitment to...Read More
The CBI intercepted 34 persons engaged in ongoing criminal activities red handed ShowQuick Read Summary is AI-generated, newsroom-reviewed * CBI arrested three fraudsters for siphoning over Rs 350 crore from US citizens since 2023 * The accused used remote access software to access victims' systems and bank accounts * CBI recovered Rs 54 lakhs, mobiles, laptops, and digital data during the operation Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The CBI has buste...Read More
New Delhi [India], August 25 (ANI): Lok Sabha Speaker Om Birla on Monday expressed concern over the declining decorum and dignity of legislative institutions, calling it a matter that demands urgent attention from all elected representatives. Speaking at the Delhi Legislative Assembly during the Valedictory Address at the Conference of Presiding Officers of States and Union Territories, Birla emphasised that the privilege and freedom of speech granted to Members should not be misused to undermi...Read More
NEW DELHI: As part of its ongoing Operation Chakra-IV, the Central Bureau of Investigation (CBI) has dismantled a sophisticated cybercrime network that defrauded US nationals of nearly $40 million (approximately Rs 330 crore), officials said on Monday. Three key accused have been arrested. The operation was conducted in close coordination with the US Federal Bureau of Investigation (FBI). Those arrested include Jigar Ahmed, Yash Khurana, and Inder Jeet Singh Bali. According to officials, betwe...Read More
New Delhi, Aug 25 (UNI) Indian Renewable Energy Development Agency Limited (IREDA) today signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) outlining certain targets for FY 2025-26. The MoU was signed by Santosh Kumar Sarangi, secretary, MNRE, and Pradip Kumar Das, CMD, IREDA. Senior officials of both MNRE and IREDA were present. The MoU includes certain key performance parameters for measuring performance such as Return on Net Wor...Read More
New Delhi, Aug 25 (SocialNews.XYZ) The Finance Ministry has introduced a one-time, one-way switch option for Central Government employees under the Unified Pension Scheme (UPS) to shift to the National Pension System (NPS). According to an official notification, this facility is available to UPS subscribers up to one year before their superannuation or three months before voluntary retirement. Employees facing dismissal, removal, or disciplinary action will not be eligible. The Department of ...Read More
Mumbai: State-run Bank of Maharashtra aims to raise at least ₹2,000 crore by selling shares through a qualified institutional placement (QIP) or an offer for sale this financial year to reduce the government's stake in the lender to 75% and meet the market regulator's minimum public shareholding norm. "We will work it out, because as per the current prices, to comply with the Sebi norms, even at the current price, around ₹2,000 crore should suffice," managing director and chief executive office...Read More
New Delhi [India], August 25 (ANI): The Delhi High Court on Monday stated that the Right to Information (RTI) Act was enacted to ensure transparency in governance, not to serve as 'fodder for sensationalism.' Justice Sachin Datta observed that even seemingly innocuous disclosures could open the 'floodgates of indiscriminate demands, motivated by idle curiosity or sensationalism, rather than any objective public interest consideration.' Delivering the verdict in a case relating to Prime Ministe...Read More
Chandigarh, Aug 25 (PTI) Haryana Chief Minister Nayab Singh Saini on Monday announced that a government job will be given to one member from each of the 121 families in the state who have lost their kin in the 1984 anti-Sikh riots. Making the announcement during the ongoing monsoon session of the Haryana Assembly, Saini said the state government is committed to ensuring justice and support for the affected families. "During my visits to various places across the state, the affected families sh...Read More
Chandigarh (Haryana) [India], August 25 (ANI): Haryana Chief Minister Nayab Singh Saini on Monday announced that one eligible member from each of the 121 families in the state who lost a relative in the 1984 anti-Sikh riots will be provided a government job on a priority basis. Making the announcement during the ongoing Monsoon Session of the Haryana Vidhan Sabha, the Chief Minister reiterated the state government's commitment to ensuring justice and support for the affected families. Also Rea...Read More
New Delhi, Aug 25 (PTI) President Droupadi Murmu on Monday said that India would be happy to share its experiences in initiatives such as Unified Payments Interface (UPI) systems, 'Jan Dhan', and Aadhaar with Fiji. As part of our modern and multifaceted partnership, India is privileged to partner in the socio-economic development of Fiji with a particular focus on Fijian priorities such as health, capacity building and training, and climate resilience, she said. Her assertion came during a mee...Read More
New Delhi, Aug 25 (PTI) The Finance Ministry on Monday introduced a one-time one-way switch facility from the newly introduced Unified Pension Scheme (UPS) to the National Pension System (NPS). From April 1, 2025, the government has introduced UPS as an option under the National Pension System (NPS) for central government employees. UPS will provide assured payouts to the employees. Around 31,555 central government employees have opted for the Unified Pension Scheme (UPS) till July 20, and the...Read More
Bhubaneswar (Odisha) [India], August 25 (ANI): Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu on Monday said the central government aims to build 350 airports across the country by the year 2047, as part of its long-term vision for a 'Viksit Bharat'. Speaking to the media on the sidelines of the Eastern Region Ministers' Conference on Civil Aviation, the Minister said India currently has 162 airports, and the government intends to more than double the number over the next two decades. ...Read More
Bhopal, August 25: Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan on Monday said that the government did not allow the import of farm goods from the US, as it considers the interest and welfare of India's farmers as paramount. Addressing the convocation ceremony of the Indian Institute of Science, Education, and Research (IISER) here, Chouhan said that "the new Bharat is full of confidence and does not fear anyone when it comes to safeguarding the interests of its own peop...Read More
New Delhi, Aug 25 (PTI) India holds significant potential in supporting other countries to boost their food security with technologies and best practices, a senior World Food Programme (WFP) official said on Monday. WFP has also stressed its commitment to deepening collaboration and partnership with India in the collective fight against food insecurity, according to an official release. Carl Skau, Deputy Executive Director and Chief Operating Officer of WFP, on Monday met Devesh Chaturvedi, Se...Read More
Ranchi: Amid walkout by BJP legislators, Finance Minister Radhakrishna Kishore presented a supplementary budget of Rs 4,296.62 crore in the state assembly, claiming that the Hemant Soren-led government's financial management remains strong. He said the additional budget is aimed at laying the foundation to bring joy to rural communities, and was passed by voice vote in the House. The minister stated that the original budget for the financial year stands at Rs 1,45,400 crore, with over Rs 38,000...Read More
Chandigarh (Haryana) [India], August 25 (ANI): Haryana Chief Minister Nayab Singh Saini on Monday announced that one eligible member from each of the 121 families in the state who lost a relative in the 1984 anti-Sikh riots will be provided a government job on a priority basis. Making the announcement during the ongoing Monsoon Session of the Haryana Vidhan Sabha, the Chief Minister reiterated the state government commitment to ensuring justice and support for the affected families. ...58 peop...Read More
Kohima, Aug 25 (SocialNews.XYZ) Nagaland Governor Ajay Kumar Bhalla said on Monday that no one must be left behind, and Nagaland, with its unique strengths and strategic location, has a vital role to play in the national story. Addressing the citizens of Nagaland, after assuming the office of the Governor, Bhalla said that the entrepreneurial spirit of the youth, the unique traditions of organic farming and horticulture, the untapped possibilities in tourism, and the rich heritage of art and cr...Read More