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New Delhi: Road transport and highways minister Nitin Gadkari on Friday said the Centre and states could earn up to ₹40,000 crore in goods and services tax (GST) if all the 9.7 million unfit and polluting vehicles in the country are scrapped. A total of 300,000 such vehicles have been scrapped till August, including 141,000 government vehicles, said Gadkari, addressing the annual session of the Automobile Component Manufacturers Association of India (ACMA). "According to our estimate, there ar ...Read More >
New Delhi: Two alleged were killed in an encounter in Chhattisgarh's Bijapur district on Friday, according to the police. The gun battle took place in the morning in a forest of south-west region of the district, bordering Telangana, when a team of security personnel was out on an anti-Maoist operation, a police official said. After the exchange of fire stopped, the bodies of two Maoists, weapons, including a .303 rifle, and explosives were recovered from the encounter site, he said, adding tha ...Read More >
AHMEDABAD: The leader of the opposition in the Lok Sabha Rahul Gandhi on Friday refused to ascribe any significance to Prime Minister Narendra Modi's visit to trouble-torn Manipur scheduled for the next day. "There is an issue in Manipur for a long time. It is okay he (PM Modi) is now going to Manipur, but the main issue in the country remains the theft of votes," Congress leader Gandhi told media persons at Keshod airport after landing in Gujarat. "Elections were stolen in Haryana, Maharashtra ...Read More >
Imphal: By rallying its MLAs ahead of Prime Minister Narendra Modi's visit, the divided BJP is projecting unity, reviving talk of forming a popular government in President's Rule-imposed Manipur. BJP's Northeast incharge Sambit Patra is holding a meeting of BJP legislators in Imphal and has also met NDA allies. The state has been under President's Rule since February. The BJP headquarters in Imphal is witnessing hectic parleys and movement of party workers. Manipur Governor Ajay Kumar Bhalla ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday said its preliminary probe into a multi-crore pan-India alleged fake input tax credit (ITC) fraud has found that 'big MNCs' were benefiting from these illegal transactions. The Itanagar (Arunachal Pradesh) office of the federal probe agency carried out searches in this case on Thursday and covered about 10 premises in the northeastern state apart from Delhi, Haryana, Tamil Nadu and Telangana. The raids were undertaken in connection with a m ...Read More >
MUMBAI: The OBC versus Maratha community tussle over reservation is heating up with OBC leader and NCP minister Chhagan Bhujbal on Friday taking his own government to task for bending backwards for the Maratha community on reservations. "The Maratha community gets Rs 25,000 crore (under various state government schemes whereas the OBC community gets Rs 5,000 crore. Where is justice in this. For the Maratha community there are newer announcements (of govt schemes) almost every other day," said B ...Read More >
SRINAGAR: The authorities did not allow Hurriyat Conference chairman Mirwaiz Umar Farooq to address the Friday congregation at Jama Masjid in Srinagar, The Mirwaiz said while political and human rights of the people in the Valley had already been denied, religious freedoms too were being curtailed through repeated detentions. He said silencing of voices, interference in religious matters such as the installation of the Ashoka plaque at Hazratbal shrine, tampering with the Muslim lunar calendar ...Read More >
Mumbai: Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has agreed to acquire a 100% stake in DP Jain TOT Toll Roads Pvt Ltd (DPJTOT) for an enterprise value of ₹1,342 crore. The share purchase agreement between the parties entails Adani acquiring the stake from DPJTOT, D P Jain & Co Infrastructure Pvt Ltd, and DPJDRA Tollways Pvt Ltd, Adani Enterprises said in a regulatory filing on Friday. The deal is subject to regulatory approvals and fulfilment of customar ...Read More >
Kolkata: At least six labourers were reportedly killed and several seriously injured on Friday as some parts of a stone quarry collapsed in West Bengal's Birbhum district. The incident occurred in Bahadurpur village of Birbhum district where the workers fell under heavy rocks at the quarry today afternoon, people in the know said. A huge police contingent from the Nalhati Police Station reached the spot after the incident at the stone quarry. Eyewitness said that the labourers were removing t ...Read More >
Mumbai/New Delhi: "A pandemic shut borders, a war disrupted energy flows, and a ship stuck in the Suez Canal shook global logistics. And yet, in this turbulence lies an extraordinary opportunity for India to position itself as a trusted, resilient, and sustainable manufacturing hub." Maruti Suzuki India MD & CEO Hisashi Takeuchi's call to action set the tone at the annual session of the Automotive Component Manufacturers Association of India (ACMA) on Friday as he invoked Prime Minister Narendr ...Read More >
India is set to elevate its banking sector. The nation envisions two of its banks among the world's top 20 by 2047. This ambition was discussed at the PSB Manthan 2025. Currently, State Bank of India and HDFC Bank hold significant global positions. The focus is on organic growth and enhanced efficiency. Discussions also covered improved board autonomy and cybersecurity. India aims to establish two globally competitive banks, with assets that would rank them among the top 20 lenders in the world ...Read More >
New Delhi: The Delhi Metro Rail Corporation (DMRC) has awarded a € 42.09 million (approximately Rs 420-430 crore) maintenance contract to Alstom India. The decade long contract includes comprehensive annual maintenance of trains, machinery, plant systems, and housekeeping at Badli Depot, an Alstom statement said. This contract is for Bombardier-make metro trains, associated machines and plants, as well as housekeeping services for both the trains and the Badli Depot. The scope of work also inc ...Read More >
New Delhi: India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced free trade agreement that will benefit businesses and consumers on both sides, Commerce and Industry Minister Piyush Goyal said on Friday. Addressing the Automotive Component Manufacturers Association (ACMA) here, he said such an agreement cannot be a one-sided arrangement, as every negotiation involves a certain degree of give and take to ensure fairness and balance. Goya ...Read More >
New Delhi: India and the UAE have discussed collaboration in emerging sectors such as renewable energy, digital infrastructure, supply chain resilience and healthcare, and the need for timely trade data sharing for better monitoring under their bilateral trade pact, the government said Monday. The statement came after commerce and industry minister Piyush Goyal met Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade of the UAE last week wherein they noted the importance of initiatives such as ...Read More >
Bengaluru (Karnataka): Vidarbha batter Danish Malewar joined an exclusive club featuring former greats Vijay Merchant, Aravinda de Silva and others after hammering a double ton for Central Zone against North East Zone in the ongoing Duleep Trophy on Friday. On the opening day, the 21-year-old stepped on the crease after Aayush Pandey fell in the third over for a mere score of 3(10). He restored the state of calmness by forging a 139-run stand with Aryan Juyal (60) and then added 199 runs with c ...Read More >
New Delhi: The Supreme Court on Friday agreed to hear on September 8 pleas of the RJD and AIMIM for extending the deadline to file claims and objections in the special intensive revision of electoral rolls in poll-bound Bihar. The deadline for filing claims and objections is September 1. A bench of Justices Surya Kant, Joymalya Bagchi and Vipul M Pancholi said it would hear the applications of the political parties on September 8. "List all the interlocutory applications along with the main m ...Read More >
Kolkata: Prime Minister Narendra Modi on Friday laid the foundation stone and inaugurated multiple development projects worth over Rs 5,200 crore in Kolkata at West Bengal today. "Kolkata is a city rich in India's history and has a future. With India moving towards becoming the world's third largest economy, cities such as Dum Dum and Kolkata will play a pivotal role", Modi said. Modi stressed that measures are being taken across Indian cities to promote green mobility, while the number of ele ...Read More >
Indian fashion jewellery makers are struggling. Chinese imports have surged, becoming much cheaper due to alleged duty evasion. This is hurting local businesses in Mumbai, Rajkot, and other hubs. Manufacturers are cutting production and jobs. The government has been notified about the issue. Some businesses are unable to pay wages. Domestic fashion jewellery manufacturers are facing an onslaught of Chinese imports, which have surged 25% year-on-year, with alleged under-invoicing of shipments an ...Read More >
Kolkata: Equity investment on foreign shores by Indian companies reduced by 22% in July as compared with the same month last year, Reserve Bank of India data showed. India Inc invested $1.592 billion in overseas companies in July against 2.047 billion in the year ago period. Their equity investment was at $2.098 billion in June. The fall in investment volume was seen amid a tighter regulation on outward foreign direct investment. The RBI told compliance heads of banks to inform their corporate ...Read More >
Kolkata: Ahead of coming to West Bengal on Friday with an array of infrastructural projects, Prime Minister Narendra Modi said on Thursday about "public anger against Trinamool Congress" and how West Bengal is looking forward towards BJP for growth and development. "I am eager to be among BJP4Bengal Karyakartas at a rally in Kolkata. With each passing day, public anger against the TMC is increasing. West Bengal is eagerly looking towards the BJP with hope because of our development agenda," Mod ...Read More >
Guwahati: Lt Gen Vikas Lakhera Director General Assam Rifles said that under new Free movement Regime (FMR) policy the Myanmarese nationals entering India through crossing points are now being mapped and since December 2024, 42,000 individuals have been mapped with the help of biometrics. During a seminar at Manipur University on Wednesday, Lakhera shared insights on the new FMR policy of the government under which the Myanmarese nationals are now being mapped. The General Officer had stated, ...Read More >
Bengaluru: India's commercial office market continues to ride on the back of large-sized transactions, with deals over 100,000 sq. ft. driving the bulk of Grade A space uptake for the past five years. In the first half of 2025 (H1 2025), such transactions accounted for 51% of the total leasing activity across the top seven cities, translating into 17.2 million sq. ft., according to Colliers' latest report. This trend underscores occupiers' sustained appetite for high-quality, scalable office spa ...Read More >
India's wholesale inflation fell to -0.58% in July from -0.13% in June, marking a continued disinflationary trend, helped by a strong spring harvest despite uneven monsoons. Retail inflation also cooled to 1.55%, an 8-year low, falling below the RBI's 2-6% target band for the first time in over six years. India's wholesale inflation edged down to -0.58% in July from -0.13% in June, as per government data released on Thursday. A Reuters poll of economists had projected wholesale price index (WP ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders ...Read More >
Mumbai: The Securities and Exchange Board of India(Sebi) has proposed to include the definition of algorithm and proprietary trading in the stock brokers' regulations. The current rules do not have any definition for such trades done by brokers. Under the proposal, Sebi said algorithmic trading would mean any order generated or placed using automated execution logic. The regulator said it was revamping the stock brokers' regulations to incorporate new requirements that have arisen due to chang ...Read More >
Delhi news: Woman alleged she was raped by four men at a party after consuming alcohol. Four men allegedly gangraped a 24-year-old woman at a party in north Delhi's Civil Lines on Sunday night, police said on Tuesday. According to the Hindustan Times, a police officer said on Monday that the woman alleged she was raped by four men at a party after consuming alcohol. She's reportedly employed with a Gurugram-based firm. "In her complaint, she said she received a call from a male friend on Sund ...Read More >
Himachal Pradesh faced nature's fury. Bridges collapsed in Shimla, Lahaul, and Spiti. Cloudbursts and flash floods caused widespread damage. Over 300 roads closed, disrupting travel. A police post swept away, shops damaged. No casualties reported yet. Orange alert issued for more heavy rain. The state has suffered significant financial losses this monsoon. Many people have died in rain-related incidents. Several bridges were washed away in Shimla and Lahaul and Spiti districts, while over 300 r ...Read More >
New Delhi: Delhi govt has decided to set up a single-window system at the district level to handle all permissions and no-objection certificates required for holding Ramlila performances across the city. It has also decided to constitute a special committee to resolve any issue regarding the organisation of the events and ensure that the committees do not face any problem in seeking approvals.The decisions were made at a special meeting held at Raj Niwas under the chairmanship of lieutenant gove ...Read More >
New Delhi | Mumbai: India and China may commence discussions shortly on a trade package covering supplies of critical rare earth magnets, fertilisers and pharmaceuticals, said people with knowledge of the matter. This would signal a thaw in relations with the neighbour amid heightening tensions with the US and the clamour from Indian industry to expedite imports of essential inputs from China. Consultations between representatives of the two countries are likely to take place later this month, ...Read More >
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