New Delhi [India], August 25 (ANI): India is ready to extend necessary civil aviation support to Indian private air carriers to facilitate direct air connectivity with Fiji, said Neena Malhotra, Secretary (South), Ministry of External Affairs (MEA), on Monday. During a special briefing on the occasion of the visit of the Prime Minister of Fiji, Sitiveni Rabuka, to India, Malhotra addressed the pressing issue of limited air connectivity between India and Fiji, while acknowledging the challenges ...Read More
Bengaluru: Global investor Brookfield Asset Management, through its private real estate fund, has sold a 50% stake in Bluegrass Business Park in Pune to 360 ONE Asset for an enterprise value of ₹2,400 crore. The 2 million square feet office development in Pune's Kalyani Nagar locality isspread across 7 acres. Bluegrass Business Park comprises a million sq ft operational tower that is leased to Mastercard, and an under-construction office tower. Brookfield will continue to oversee the management...Read More
Srinagar: Amid a heavy downpour, Mohammad Muzamil left his home in north Kashmir's Sopore and travelled 50 kilometres to Srinagar, hoping to begin a career in public service. The engineering graduate was one among 15,000 applicants for the Junior Engineer (Electrical) post, a job that would have allowed a stable career in the Union Territory's power utility. But Muzamil's maiden experience with the Jammu and Kashmir Service Selection Board (SSB), which is responsible for filling non-gazetted po...Read More
Mumbai (Maharashtra) [India], August 25 (ANI): The Indian Supercross Racing League (ISRL) has announced the addition of Tricolor Motorsports as its newest franchise team ahead of Season 2. Backed by a leading US-based business conglomerate and led by industry veteran Pradeep Lala, Tricolor Motorsports marks a significant step in ISRL global expansion strategy. The entry of US-based companies into ISRL underscores growing global confidence in India motorsports potential. This collaboration brin...Read More
Mumbai (Maharashtra) [India], August 25: Kotak Mahindra Life Insurance Company Ltd (Kotak Life) is proud to announce that its innovative product, Kotak Gen2Gen Income, has been recognised with the prestigious Product of the Year 2025 award in the Life Insurance - Savings Plan category. The recognition is based on a nationwide survey conducted by NielsenIQ involving 1,800 consumers across India. The recognition is awarded for the Life Insurance - Savings Plan category through a consumer survey by...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 Minister Na...Read More
New Delhi: First-time borrowers without a CIBIL score should not face outright rejection of loan applications, the government clarified in Parliament. Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha during the monsoon session that the Reserve Bank of India (RBI) has not prescribed any minimum credit score requirement for loan approval. RBI has advised banks and financial institutions not to reject applications solely due to lack of credit history. This enables new borrowe...Read More
New Delhi [India], August 25 (ANI): India's contract research, development, and manufacturing organisation (CRDMO) sector is emerging as one of the most dynamic growth stories in the global pharmaceutical landscape. According to a recent Jefferies India report, the country's CRDMO, which has already reached revenues of around USD 3 billion, has grown at a compound annual growth rate (CAGR) of 14 per cent over the past five years. The report highlights that India's CRDMO industry has caught the ...Read More
New Delhi, Aug 25 (PTI) India has alerted Pakistan about a flood alert in the Tawi river on humanitarian grounds, even as the Indus Waters Treaty (IWT) continues to remain in abeyance in the aftermath of the Pahalgam terror attack, sources said. The communication was made to the Ministry of External Affairs, which then reached out to Islamabad, sources in the Jal Shakti Ministry said. "While India used to exchange data with Pakistan before the suspension of the treaty, this move was made purel...Read More
New Delhi: On Monday, the Supreme Court collegium suggested that Justice Vipul M. Pancholi, who is the Chief Justice of the Patna High Court, and Justice Alok Aradhe, who is the Chief Justice of the Bombay High Court, be promoted to the top court. The five-member collegium, which included Chief Justice of India Bhushan R Gavai and Justices Surya Kant, Vikram Nath, JK Maheshwari, and BV Nagarathna, cleared their names in a meeting on Monday afternoon. Their appointments will bring the Supreme Co...Read More
Mumbai: On August 25, 2025, Rajiv Anand officially took charge as the Managing Director and CEO of IndusInd Bank, backed by the board and pending shareholders' approval. His appointment spans three years, reflecting the bank's push for stability after leadership turmoil earlier this year. Bringing in a Banking Veteran Anand arrives with over 35 years of experience in banking. He stepped down as Deputy Managing Director at Axis Bank in August and previously held leadership roles in both retail ...Read More
MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the central bank's focus on price stability has played a key role in strengthening India's macroeconomic fundamentals. Speaking at 'FIBAC 2025', organised jointly by FICCI and IBA, he added that while price stability remains the primary objective of monetary policy, growth has never been lost sight of. "We will continue to conduct monetary policy with the primary objective of price stability, keeping in view the o...Read More
NEW DELHI: Uber CEO Dara Khosrowshahi has said that India is the company's third-largest mobility market with over 1.4 million drivers and is a "must-win" for the company. In a podcast with the co-founder of Zerodha, Nikhil Kamath, the Uber CEO said that the growth in the Indian market is 'spectacular', adding, "India is an absolute must-win for Uber, not just tomorrow, but 10 years from now." Khosrowshahi said that Ola used to be Uber's main competition, but Rapido is currently the more formi...Read More
MUMBAI: A week after its larger peer S&P upgraded the country's ratings to BBB with stable outlook -- after holding a BBB- rating for 18 years, Fitch Ratings has chosen to remain in status quo to affirm the BBB- ratings with stable outlook, despite citing the robust growth and solid external finances of the country. The agency on Monday also said demand growth is seen solid, aided by government capex and private consumption and projected a robust 6.5% growth for FY26 on the back of the GST and ...Read More
CHENNAI: Indian equity markets ended Monday's session with steady gains, supported mainly by strong buying in IT stocks and positive global cues. The Sensex closed at 81,635.91, up 329 points (0.40%), while the Nifty 50 settled at 24,967.75, higher by 97.65 points (0.39%). The day's rally was led by IT majors, with Infosys, TCS, HCL Technologies, and Tech Mahindra gaining between 2-3%. The Nifty IT index jumped over 2.4%, becoming the biggest driver of the market's advance. Other sectors like ...Read More
New Delhi, Aug 25 (PTI) The Delhi High Court on Monday set aside a CIC order directing disclosure of details related to Prime Minister Narendra Modi's bachelor's degree while holding it to be "personal information" and ruling out any "implicit public interest" in it. Justice Sachin Datta, who reserved the verdict on the matter on February 27, was acting on Delhi University's plea challenging the CIC order. The judge said "something which is of interest to the public" was quite different from "...Read More
New Delhi, Aug 25 (PTI) Shares of Nazara Technologies tumbled over 3 per cent on Monday, taking the total losses to 20 per cent in four consecutive days of decline as investors deserted shares of online gaming-related firms following a proposed regulation on money-based games. The company's stock tanked 20.37 per cent on the BSE since Wednesday. On Monday, shares of the firm declined 3.46 per cent to settle at Rs 1,115.80. Shares of gaming and hospitality firm Delta Corp dropped 3.08 per cent...Read More
Mumbai (Maharashtra) [India], August 25 (ANI): The Indian Supercross Racing League (ISRL) has announced the addition of Tricolor Motorsports as its newest franchise team ahead of Season 2. Backed by a leading US-based business conglomerate and led by industry veteran Pradeep Lala, Tricolor Motorsports marks a significant step in ISRL's global expansion strategy. Also Read | Dane Van Niekerk Comes out of Retirement, Named in South Africa's Training Squad for ICC Women's World Cup 2025. The ent...Read More
Mumbai, Aug 25 (SocialNews.XYZ) The Federation of Automobile Dealers Association (FADA) has urged the government for faster implementation of the proposed GST rationalisation reforms. Even as the festive season is approaching, customers are delaying car purchases in expectation of a GST rate cut, and these delays could turn festive sales into a "whitewash" period, NDTV Profit reported, citing a letter sent by the industry body to the Finance, Commerce, and Heavy Industries Ministries. FADA has...Read More
NEW DELHI (Reuters) -India shared a warning on possible cross-border flooding with neighbour Pakistan on "humanitarian grounds" and not under the water-sharing Indus Waters Treaty between the old enemies, an Indian government source told Reuters on Monday. India's high commission in Islamabad shared the warning on Sunday, the source said, following heavy rains in the Jammu and Kashmir region bordering Pakistan. India's foreign ministry did not immediately respond to a request for comment. The ...Read More
Mumbai, August 25: As August nears its end, people across the country are looking online for the list of bank holidays in September 2025. The upcoming month promises several holidays, including regional festivals, national holidays, and regular weekend offs. According to the Reserve Bank of India (RBI), banks will officially stay shut for a total of nine days next month. This excludes the days when banks remain closed on second and fourth Saturdays and all Sundays of the month. As per the RBI's...Read More
Shimla (Himachal Pradesh) [India], August 25 (ANI): Tourism industry workers and locals in Himachal Pradesh protested near the Vidhan Sabha on Monday against the decision to shift the Himachal Pradesh Tourism Development Corporation (HPTDC) head office from Shimla to Dharamshala. The tour operators braved the rains while staging a protest near Chaura Maidan, demanding that the issue be discussed in the Assembly and the relocation decision be revoked. The demonstration was organised by local tou...Read More
Jammu (Jammu and Kashmir) [India], August 25 (ANI): All schools in the Jammu division will remain closed on August 26 due to bad weather conditions, an official order issued by the government stated. The order for the closure will be effective on all government and private schools in the Jammu division. Also Read | Fiji Reaffirms Support to India's Candidature for UNSC Non-Permanent Membership for 2028-29 Term. "In view of the inclement weather conditions, it is hereby ordered that all Govern...Read More
Mumbai: Reserve Bank Governor Sanjay Malhotra Monday said that corporates and banks need to come together to boost investments amid challenges emanating from tariff uncertainties and geopolitical concerns, stressing that the central bank has not lost sight of growth objectives. Speaking at the annual Fibac event here, the Governor said he is hopeful that the ongoing negotiations between the US and Indian trade representatives will yield a decision which will "minimize" the impact of tariffs on ...Read More
New Delhi: OpenAI on Monday launched an "India-first" Learning Accelerator, announcing a Rs 4.5 crore research grant to IIT-Madras and the distribution of five lakh free ChatGPT licenses for teachers and students across government schools and AICTE-regulated institutions. Calling India a "lighthouse" for its global education strategy, the company said the programme will be co-created with leading institutions to expand access, training and research in AI-enabled learning.A central element is the...Read More
Mumbai, Aug 25 (SocialNews.XYZ) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the central bank's focus on price stability has played a key role in strengthening India's macroeconomic fundamentals. Speaking at 'FIBAC 2025', organised jointly by FICCI and IBA, he added that while price stability remains the primary objective of monetary policy, growth has never been lost sight of. "We will continue to conduct monetary policy with the primary objective of price stabilit...Read More
India's Central Bureau of Investigation (CBI) has dismantled a transnational cybercrime ring accused of defrauding US nationals of more than $40 million, in a joint effort with the U.S. Federal Bureau of Investigation. The crackdown, part of Operation Chakra-IV, targeted illegal call centers and residential locations in the northern part of the country. Authorities seized Rs. 54 lakh (approximately US$ 62,000) in cash, dozens of electronic devices and incriminating records. Three key suspects a...Read More
New Delhi, Aug 25 (SocialNews.XYZ) Navratna public sector undertaking Indian Renewable Energy Development Agency Limited (IREDA) on Monday signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) to achieve a revenue from operations of Rs 8,200 crore during the financial year 2025-26. The IREDA had exceeded its Revenue from Operations target in FY 2024-25, achieving Rs 6,743.32 crore against the target of Rs 5,957 crore. The MoU also inc...Read More
NEW DELHI, Aug 25 (Reuters) - India shared a warning on possible cross-border flooding with neighbour Pakistan on "humanitarian grounds" and not under the water-sharing Indus Waters Treaty between the old enemies, an Indian government source told Reuters on Monday. India's high commission in Islamabad shared the warning on Sunday, the source said, following heavy rains in the Jammu and Kashmir region bordering Pakistan. India's foreign ministry did not immediately respond to a request for comme...Read More
NewsVoir Gurugram (Haryana) [India], August 25: VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the nation's largest bank, to provide retail car financing through its exclusive dealer network. The agreement aims to offer a seamless suite of credit solutions ahead of the company's highly anticipated launch. Under the agreement, customers will enjoy tailored financing solutions, including attractive inter...Read More