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Lucknow, Apr 8 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday reviewed procurement under the Government e-Marketplace (GeM) portal for the financial year 2025-26 and lauded the state's policy for enhancing transparency and efficiency. During the review, he said the GeM Procurement Policy 2024 has strengthened integrity, inclusiveness and accountability in government purchases, according to an official statement. The CM noted that the policy has been appreciated by the Centre a ...Read More >
Mumbai, Apr 7 (PTI) The rupee depreciated 17 paise to 93.07 against the US dollar in early trade on Tuesday, weighed down by unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation. Forex traders said the USD/INR pair remains vulnerable to any flare-up in the US-Iran conflict, which in turn would push crude oil prices further. At the interbank foreign exchange market, the rupee opened at 93.05 against the US dollar, then lost gr ...Read More >
MSN - New Delhi: India and Canada are set to reconvene the Joint Commission on Trade in the north American nation at the end of May, or early June, as the two countries look to step up their trade partnership and finalise a free trade agreement before the end of this calendar year. "With Canada, we have broadly zeroed in at the end of May, or some time in June will be having a joint commission to expand trade in Canada," Commerce and Industry Minister Piyush Goyal told a press briefing Thursday ...Read More >
Will the RBI hike rate as crude crosses $100 and the rupee weakens -- or hold steady to protect growth? The Reserve Bank of India will hold its first monetary policy meeting of FY27 from April 6 to April 8. The meeting comes at a time when India is grappling with global uncertainties, including escalation in tension in the Middle East, crude prices surging and the rupee at all-time low. Crude prices above $100 per barrel have led to a sharp spike in LPG prices. Supply disruptions in the Strait ...Read More >
Data reveals that hypertension and diabetes rates among Army JCOs and other ranks are significantly lower than national averages, prompting further investigation into preventative measures and lifestyle factors. IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: Indian Army/ANI Photo Key Points The prevalence of hypertension and diabetes in the Indian Army's junior ranks is nearly half that of the general population, as indicated by the National F ...Read More >
Meerut (UP), Apr 1 (PTI) The crime branch unit in Meerut has unearthed a Goods and Services Tax (GST) fraud involving crores of rupees and arrested one accused in connection with the case, police said on Wednesday. The incident came to light during the investigation of a case registered at Ganganaagar police station. During the probe, it was found that Pramod Kumar (56), a resident of Pratap Vihar Colony in Brahmpuri, along with his associate Sarvang Jain and others, had created a network of f ...Read More >
Kanpur (UP), Apr 1 (PTI) The probe into an alleged illegal kidney transplant racket in Kanpur has intensified, with police issuing lookout notices against four key accused doctors and expanding the investigation into a suspected multi-city network, a senior official said on Wednesday. Police Commissioner Raghubir Lal said lookout notices are being initiated against four doctors -- Rohit alias Rahul, Anurag alias Amit, Afzal and Vaibhav -- who are currently absconding and are believed to be cent ...Read More >
Kanpur (UP), Apr 1 (PTI) The probe into an alleged illegal kidney transplant racket in Kanpur has intensified, with police issuing lookout notices against four key accused doctors and expanding the investigation into a suspected multi-city network, a senior official said on Wednesday. Police Commissioner Raghubir Lal said lookout notices are being initiated against four doctors -- Rohit alias Rahul, Anurag alias Amit, Afzal and Vaibhav -- who are currently absconding and are believed to be cent ...Read More >
Varanasi (UP), Apr 1 (PTI) A local court here has declared the alleged kingpin of the cough syrup trafficking racket, Shubham Jaiswal, a proclaimed offender after he failed to appear within the stipulated time despite a court notice, police said on Wednesday. Rohania Station House Officer Raju Singh said that the Fast Track Court had issued a notice on February 27, directing Jaiswal to appear within 30 days. "As he did not comply within the deadline, a case was registered late Tuesday night on ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The Indian rupee may come under further pressure in the coming months if the ongoing West Asia crisis continues, with the Reserve Bank of India (RBI) likely needing to remain flexible in its approach, according to a report by Yes Bank. The report stated that the rupee could weaken to 97.00-97.50 against the US dollar in the first half of FY27. Also Read | Pune Weather Update: IMD Predicts Heatwaves and Above-Normal Rainfall. "RBI will have to be op ...Read More >
Mumbai (Maharashtra) [India], March 31 (ANI): The Indian rupee is expected to remain volatile in the near term and may stabilise in the range of Rs 92.50 to Rs 93.50 against the US dollar, amid continued pressure from rising crude oil prices and sustained foreign investor outflows says experts. The rupee recently hit an all-time low of 95.23 on Monday, reflecting sharp volatility in both onshore and offshore currency markets. The weakness in the domestic currency comes as Brent crude prices rem ...Read More >
Hyderabad: The depreciation of the Indian rupee against foreign currencies like the US dollar due to the West Asia crisis is stepping up financial pressure on families of Indian students studying overseas, particularly in the United States and Canada. A weaker rupee will make tuition fees and living costs more expensive. Families who had already paid the full course fees earlier are feeling relieved, as they managed to avoid the impact of the weaker rupee. However, those who are paying fees sem ...Read More >
New Delhi [India], March 29 (ANI): India could face pressure on remittances, the rupee and fiscal finances as the ongoing conflict in West Asia disrupts economic flows with the Gulf region, according to a report by SBI Funds Management. The report titled "2026 Middle East Conflict and Its Implications" highlighted that apart from higher crude prices, India's external sector and fiscal balances could come under strain through multiple channels. One key risk is a slowdown in remittances from the ...Read More >
NEW DELHI -- India and Canada on Monday announced a slew of pacts, including a $1.9 billion deal to supply uranium to New Delhi, while setting a course to conclude a major trade agreement by the end of the year. "We are targeting to take bilateral trade to $50 billion by 2030," Indian Prime ... ...Read More >
Sonbhadra (UP), Dec 17 (PTI) A 28-year-old man, wanted for allegedly trafficking codeine-based cough syrup, was on arrested in Uttar Pradesh's Sonbhadra on Wednesday, police said. Superintendent of Police Abhishek Verma said the accused, Satyam Kumar (28), a resident of Gola Deenanath in the Varanasi commissionerate, was carrying a reward of Rs 10,000 on his head. He was arrested from Chandi Tiraha here. Satyam allegedly obtained a drug licence in the name of "Maa Kripa Medical" by submitting ...Read More >
New Delhi: India's economy has moved from a state of fragility in 2013 to become the fastest growing major economy for multiple years now, showing its transition from external vulnerability to external resilience, finance minister Nirmala Sitharaman told the Parliament on Monday. Replying to the debate on the first supplementary demands for grants in the Lok Sabha, the minister also said that collective work was needed to reduce debt at central and state levels. Sitharaman told the House that ...Read More >
New Delhi, Dec 15 (SocialNews.XYZ) While the global growth is 3.2 per cent, India is growing at 8.2 per cent, becoming the fastest growing major economy and every global institution is raising their growth outlook for the country in current fiscal (FY26), Finance Minister Nirmala Sitharaman told Parliament on Monday. Stressing that no "dead economy gets a credit rating upgrade," she further stated that India got rating upgrades from three major global agencies -- Morningstar DBRS, S&P and R&I. ...Read More >
New Delhi, Dec 15 (PTI) After recording about threefold surge in the inbound shipments in October, the country's gold imports dipped about 60 per cent to USD 4 billion in November, according to commerce ministry data. Gold imports stood at USD 9.8 billion in November 2024. Cumulatively, imports during April-November this fiscal year rose 3.3 per cent to USD 45.26 billion from USD 43.8 billion a year ago. The country's gold imports surged about threefold year-on-year to hit a record high of US ...Read More >
MUMBAI, Dec 1 (Reuters) - India's current account deficit moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday. The current account deficit stood at $12.3 billion, or 1.3% of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2% of GDP, in the same quarter a year ago. In the preceding quarter, the current account had recorded a deficit of $2.4 bi ...Read More >
Gorakhpur, Nov 16 (PTI) A massive fire erupted at the Waterways Restaurant & Banquet near the Taramandal Buddhist Museum here on Sunday, leaving one staff member dead and causing extensive property damage, officials said. The blaze, which started around 5 am, quickly spread through the entire three-storey building, with thick smoke engulfing the area and triggering panic among locals. Chief Fire Officer Santosh Kumar said the fire control room received an alert at 5:16 am, following which four ...Read More >
Mumbai (Maharashtra) [India], October 27 (ANI): The second edition of Sagarmanthan: The Great Oceans Dialogue began in Mumbai on Monday, bringing together global leaders, policymakers, industry experts, and scholars to discuss the future of the blue economy, maritime logistics, ports, shipping, and the international ocean economy. The three-day dialogue, from October 27 to October 29, being co-hosted by the Observer Research Foundation (ORF) and the Ministry of Ports, Shipping and Waterways (Mo ...Read More >
Bengaluru, Oct 15 (PTI) The Greater Bengaluru Authority on Wednesday announced a 'one-time settlement' scheme, allowing all B-khata properties within its limits to apply for conversion to A-khata. A-khata is issued to genuine properties approved by government planning bodies such as the Bangalore Development Authority (BDA), whereas B-khata, often called 'bogus khata', refers to properties constructed without formal government approval. Khata, an Urdu word, means account. "As a one-time-settl ...Read More >
BENGALURU: Deputy Chief Minister DK Shivakumar on Wednesday said the government has taken a historic decision to convert B-khata into A from November 1 and the initiative by the government will benefit 15 lakh property owners in Bengaluru. "This is a revolutionary decision. The beginning of property cleansing," said Shivakumar after launching the newly implemented online system to convert B-khata plots under Greater Bengaluru Authority (GBA) to A-khata and to issue A-khata to new plots on Wedne ...Read More >
Mumbai: India Inc.'s credit profile has demonstrated remarkable resilience despite escalating global trade tensions and geopolitical uncertainties, according to data released by rating agency ICRA for the first half of the fiscal year 2026 (H1 FY2026).ICRA's rating actions during the period underscored the strength of corporate balance sheets and a supportive domestic economy. The agency recorded 214 rating upgrades against only 75 downgrades, resulting in a robust credit ratio of 2.9. This mark ...Read More >
New Delhi, Sep 14 (PTI) Indian Cybercrime Coordination Centre (I4C) and Amazon India on Sunday launched a nationwide initiative, 'ScamSmartIndia', to protect consumers from online scams, especially during the festive season. As part of the campaign, the Ministry of Home Affairs' I4C and Amazon will jointly drive a series of initiatives to take scam literacy to the grassroots and equip buyers with safe online shopping methods, ensuring a fraud-free festive season, according to an official stateme ...Read More >
Mumbai: India's current account reversed to a deficit in the April-June quarter on the back of a higher merchandise trade deficit, the Reserve Bank of India said in a statement on Monday. The current account deficit (CAD) stood at $2.4 billion, or 0.2 per cent of GDP, in the first quarter of the fiscal year 2025-26, compared with a surplus of $13.5 billion, or 1.3 per cent of GDP, in the preceding quarter. CAD is a measurement of a country's trade where the value of the goods and services it im ...Read More >
Barclays estimates that the new 25% US tariffs, along with penalties on Russian imports, could reduce India's GDP growth by 30 basis points this fiscal year. Despite the higher duties, India's domestic demand-driven economy is unlikely to be significantly affected. New Delhi, The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven ...Read More >
The long wait is over. Elon Musk-led Tesla has finally made its debut in India-- and that too with a bang. Amid much fanfare at its Mumbai's upscale Bandra Kurla Complex (BKC), Tesla' flagship Model Y has been launched with an on-road price of ₹61.07 lakh. Customers also have the option to upgrade to full self-driving (FSD) capability by paying an additional ₹6 lakh at the time of booking. The Model Y Long Range Rear-Wheel Drive variant is priced at ₹69 lakh. To book a Tesla Model Y, buyer ...Read More >
Kolkata, Jul 17 (PTI) Ratings firm CRISIL said that India's goods exports are likely to face some headwinds in fiscal 2026, as reciprocal tariffs imposed by the US are seen to aggravate this. With the tariff hikes expected to come into effect from August, India and the US are negotiating on a bilateral trade agreement and a key monitorable, the report said. The World Trade Organisation forecasts a 0.2 per cent decline in the volume of merchandise trade in 2025 compared to 2.9 per cent in 2024. ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when ...Read More >
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