Stay updated with the latest economic-times news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on economic-times topics.
Mumbai: Shares of capital market companies soared Wednesday after the banking regulator deferred by a quarter the implementation of new lender exposure norms that would have raised capital costs for brokers and reduced leverage for proprietary traders. "The Reserve Bank of India has since received representations from banks, capital market intermediaries, and various industry associations seeking an extension of the effective date, and also flagging certain operational and interpretational issu ...Read More >
Kolkata: AIMIM chief Asaduddin Owaisi on Wednesday alleged that the ruling TMC and other parties used Muslims of West Bengal for votes but did nothing for the community's development. Owaisi, while addressing a poll rally at Naoda in Murshidabad district in support of candidates of Humayun Kabir-led Aam Janata Unnayan Party (AJUP), also claimed that in the past 50 years, members of the Muslim community had voted for the Congress, Left Front and the TMC, but their condition did not improve. "Fo ...Read More >
Chennai: Actor-turned-politician and TVK chief Vijay is set to file his nomination papers for the Tiruchirappalli (East) assembly constituency on April 2, setting the stage for a high-profile electoral contest in central Tamil Nadu. Vijay, who is contesting from two seats in the upcoming April 23 Assembly elections -- the other being Perambur in Chennai -- will submit his papers to Returning Officer Muthu Murugesa Pandiyan at the Ariyamangalam Zonal Office of the Trichy Corporation around 12.30 ...Read More >
New Delhi: With an eye on the Kerala assembly elections and amid pushback from the Opposition, the Narendra Modi government on Wednesday deferred the discussion and passage of the contentious Foreign Contribution (Amendment) Regulation Bill in the Lok Sabha. As soon as the House assembled, Opposition MPs raised slogans against the bill and demanded its withdrawal. Although the bill was listed for discussion and passage, parliamentary affairs minister Kiren Rijiju informed the House during Quest ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Wednesday said the committee of creditors (CoC) will be allowed to invite land authorities to its meetings for inputs on regulatory and land-related matters under insolvency regulations, a move that could help expedite bankruptcy resolution involving hundreds of real estate projects. Replying to a discussion on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the Rajya Sabha, Sitharaman said the changes limit the scope of adjudicatio ...Read More >
Thiruvalla | Kottayam | Pala: While BJP is making an ambitious electoral outreach in central Kerala, which comprises major Christian belts, the party is also facing tricky curves in fully gaining the confidence of the minority community it has been wooing for some time now. The proposed amendment to the Foreign Contribution (Regulation) Act (FCRA) has emerged as the latest sticking point, with sections of the Church questioning its intent. The Left-led LDF and Congress-led UDF, already cautious ...Read More >
Chennai: Tamil Nadu chief minister MK Stalin on Wednesday lashed out at the Bharatiya Janata Party (BJP), saying it had made plots to trigger violence in the state, similar to those in Uttar Pradesh and Manipur, but said that the plans were effectively thwarted by the DMK. "There are no caste clashes in Tamil Nadu, no communal riots like in BJP-ruled states, no mob violence like in Uttar Pradesh, and no continuous unrest like in Manipur," he said while addressing a rally in Trichy. "We have als ...Read More >
New Delhi: The Rajya Sabha on Wednesday passed the Central Armed Police Forces (General Administration) Bill, 2026, by a voice vote after the Opposition staged a walkout. The bill was introduced in the Upper House on March 25 by MoS (home) Nityanand Rai. The bill deals with cadre management in the Central Armed Police Forces (CAPF). It provides that 50% of the total posts at the inspector general rank, a minimum of 76% of posts at the additional director general rank and all posts of special di ...Read More >
New Delhi: In a relief to exporters, India has announced a one-time relief measure for units in special economic zones (SEZ), allowing them to sell goods in domestic markets at a lower customs duty for one year, and extended fiscal benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) by six months, until September 30, amid the conflict in West Asia. The government is working on a broader framework on harmonisation of various export promotion schemes with a key focus on ...Read More >
New Delhi: The Supreme Court has allowed appellate tribunals in West Bengal to accept new evidence from individuals removed from the revised voter lists, provided that these documents are verified as authentic. A three-member bench led by Chief Justice Surya Kant, which had previously said that these appellate tribunals should not accept new documents not submitted before the adjudicating officer, modified its order on Wednesday. Appellate Tribunals "will not entertain fresh documents without ...Read More >
New Delhi: The US has listed India's preference for use of domestic satellites for direct-to-home (DTH) television services, the inability of American electronic payment services suppliers to participate in the UPI ecosystem, localised shutdown of internet and data localisation requirements as barriers to foreign trade. In its 2026 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) also cited high tariffs, particularly on agriculture products, surcharge ...Read More >
New Delhi: The Census 2027, the world's largest enumeration exercise, began on Wednesday with the government launching Phase I - Houselisting and Housing Census (HLO). This marks the start of the country's biggest administrative and statistical exercise, and for the first time, features digital data capture and a self-enumeration facility, the Ministry of Home Affairs (MHA) said. The exercise was formally initiated with President Droupadi Murmu completing self-enumeration, followed by Vice-Pres ...Read More >
Mumbai: Mahindra & Mahindra has surpassed JSW MG Motor to become the second-largest electric carmaker in terms of monthly sales, according to March vehicle registration data. The manufacturer of BE 6 and XEV 9e sold 5,217 units of EVs the past month, narrowly ahead of JSW MG Motor's 5,113 units. For the financial year ended March 31, JSW MG Motor stayed at the second spot, show data from the government's Vahan portal. Long-time leader Tata Motors sold 8,224 electric vehicles in March, up 65% f ...Read More >
New Delhi: Oil marketing companies on Wednesday scaled back a move to sharply raise jet fuel rates, with the Centre permitting only a partial increase in rates despite the Iran war triggering a surge in global oil prices. The rare move of government intervention is expected to potentially help avert a spike in domestic airfares just ahead of elections in some states later this month and the peak summer travel season. "In order to insulate the domestic travel costs from the substantial increase ...Read More >
New Delhi: The government is considering increasing financial support and other incentives for coal gasification, minister for coal and mines G Kishan Reddy said Wednesday. Coal gasification is an immediate substitute for some petroleum products and imported ammonia, Reddy said on the sidelines of an event to sign a land lease pact for Bharat Coal Gasification and Chemicals' upcoming project in Odisha. Describing coal gasification as a key transformative technology, Reddy said it converts coal ...Read More >
New Delhi: Facile, politically convenient insinuations on Biju Patnaik warrant a closer look at a difficult phase in India's national security timeline, one where clear and present threats stood at odds with Jawaharlal Nehru's non-alignment model. The two clashed head on when China attacked India in 1962 and through this predicament emerged the 'Biju Way'. His was a strand of thinking that disrupted and questioned settled assumptions of the day, forcing Nehru to carve out a special corner for h ...Read More >
New Delhi: India's goods and services tax (GST) collections closed on a firm footing in the just-ended fiscal year, with March collections crossing ₹2 lakh crore mark for the third time, signalling resilient consumption despite significant cut in rates during the year. Experts however took a cautious stance for the coming months amid the global turmoil caused by the Iran war. Gross collections for March grew 8.8% from a year ago, reaching a 10-month high. This was led primarily by robust impor ...Read More >
Mumbai: Top private sector banks and telecom companies are replacing one-time passwords (OTPs) and are jointly developing a 'silent authentication mechanism'-a background check that verifies whether the mobile number linked to a banking app matches the SIM currently active on the device. If a discrepancy is detected, the transaction can be flagged or blocked in real time without any action required from the customer. The technology will also be extended to eSIM environments. This additional lay ...Read More >
Mumbai: Bharti Airtel led wireless mobile subscriber additions in February 2026, while Reliance Jio remained the country's largest wireless operator and continued to maintain a high proportion of active users, according to data released by the Telecom Regulatory Authority of India. Vodafone Idea was nearly flat, while state-run Bharat Sanchar Nigam Ltd continued to lose subscribers. India's total wireless subscriber base-including mobile users and fixed wireless access (FWA) customers-rose by 6 ...Read More >
Mumbai: The Department of Telecommunications (DoT) has extended the deadline for implementing SIM-binding by over-the-top (OTT) platforms such as WhatsApp, Telegram, Snapchat, Signal and Arattai to December 31 following industry pushback. It has also rolled back the mandate requiring web and desktop sessions of OTT platforms to automatically log out within six hours and require re-authentication through QR code pairing. Instead, it has adopted a risk-based approach, where sessions must be termi ...Read More >
New Delhi: Domestic passenger vehicle sales rose by 16% in March, elevating annual volumes to a record 4.7 million vehicles in the just-ended fiscal year, largely fuelled by enhanced affordability after tax cuts last September and introduction of several new models. Sales of cars, sedans, and utility vehicles rose 8.3% to 4.7 million units in FY26, from 4.34 million units the year before. The Centre cut the goods and services tax (GST) on passenger vehicles with effect from September 22. Compan ...Read More >
New Delhi: The Lok Sabha on Wednesday passed the Andhra Pradesh Reorganisation (Amendment) Bill, 2026, naming Amaravati as the sole capital of the southern state, even as the regional opposition party YSRCP staged a walkout in protest. Minister of state (home) Nityanand Rai introduced the bill for consideration and passing, which was followed by an almost two-hour long discussion. The bill introduced a single amendment in Section 5 of the Andhra Pradesh Reorganisation Act 2014 which reads, "in ...Read More >
Kolkata: State-owned Indian Bank said its gross advances grew 13.6% year-on-year to Rs 6.68 lakh crore at the end of March while deposit mobilisation rose 12.6% to Rs 14.98 lakh crore. Four south-based private banks, which updated quarterly business numbers Monday, also saw their gross advances growth outpacing deposit expansion, in line with the industry trend. The Chennai-headquartered Indian Bank said that its advances grew largely on account of lending to retail, agriculture and micro smal ...Read More >
New Delhi: Tata Motors Ltd on Wednesday reported a 17 per cent growth in total commercial vehicle sales at 47,976 units in March as compared to 41,122 units in the same month last year. Total Commercial Vehicle (CV) sales in the domestic market stood at 45,825 units last month as against 38,884 units in March 2025, up 18 per cent, Tata Motors Ltd said in a regulatory filing. Also read: Tata Motors Passenger Vehicles sales up 29 pc at 66,971 units in March However, international business CV sa ...Read More >
Kolkata: Trinamool Congress supremo Mamata Banerjee on Wednesday alleged that newly appointed officials by the Election Commission were entrusted to reject nominations of her party candidates and urged them to be cautious while filing their nominations. Addressing a poll rally at Nanoor in Birbhum district of West Bengal, Banerjee also lashed out at the BJP for allegedly misusing central agencies for its political benefit. "Everything has been changed; it's a new setup here. The newly appointe ...Read More >
New Delhi: Commercial vehicle maker Ashok Leyland on Wednesday reported 5 per cent growth in total sales at 25,381 units in March 2026 as compared to 24,060 units in the same month last year. Domestic sales were up 5 per cent at 23,743 units as against 22,510 units in March 2025, Ashok Leyland said in a statement. Also Read: Kia India posts record March sales at 29,112 units; Q1 volumes rise 11.6% Sales of medium and heavy commercial vehicles in the domestic market were at 16,238 units as aga ...Read More >
NEW DELHI: Coal India's sales in March grew for the first time in six months, the company said on Wednesday, indicating a ramp-up in coal stocks ahead of peak summer amid a shortfall in gas supply due to the U.S.-Israeli war against Iran. Coal India's offtake, or sales to customers, rose 0.7% to 69.5 million tons in March, despite a 1.5% drop in its provisional output to 84.5 million tons, the company said in a stock exchange filing. Also Read: Iran war's gas supply shock pushes top consumer ...Read More >
New Delhi: Senior Supreme Court advocate and former Aam Aadmi Party (AAP) leader H S Phoolka, best known for representing 1984 anti-Sikh riots victims in their quest for justice, joined the BJP on Wednesday. The move is being seen as a shot in the BJP's arm as it gears up to oust the AAP government from Punjab in the Assembly polls due next year. Phoolka joined the party in the presence of Union Minister Hardeep Singh Puri, Delhi minister Manjinder Singh Sirsa, BJP national general secretary T ...Read More >
Alappuzha: Kerala Chief Minister Pinarayi Vijayan on Wednesday said he was not fully aware of the allegations against noted Malayalam film director Ranjith, who has been arrested in an alleged sexual assault case, but added that there were no complaints regarding the action taken so far by the authorities. Responding to queries from reporters, Vijayan said he had no detailed knowledge of the allegations. A Left sympathiser, Ranjith had served as the chairman of the Kerala Chalachitra Academy d ...Read More >
NEW DELHI: India does not plan to go ahead with auctioning deep-sea mining rights due to a lack of technological preparedness and expectations of a weak response from potential bidders, two sources familiar with the matter told Reuters. In November of 2024, India had announced the maiden auction of 13 offshore mineral blocks that included three lime mud blocks, three construction sands blocks and seven polymetallic nodules blocks in the first tranche. The blocks contained critical minerals, ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.