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New Delhi [India], October 17 (ANI): Union Minister Piyush Goyal on Friday said that there is no better time than now to invest in India's hospitality sector, as the industry continues to perform strongly amid the country's growing economic momentum. Addressing the Annual Conference and 105th Annual General Meeting of ASSOCHAM, Goyal said that India's travel and tourism sector is witnessing rapid growth but also faces several challenges that need to be addressed through joint efforts by the gov ...Read More >
India and Brazil on Thursday (October 16, 2025) agreed to expand the scope of the existing preferential trade pact between New Delhi and four South American nation bloc Mercosur to boost economic ties. India in active dialogue for trade pact with U.S., EU, Oman: Goyal Mercosur is a trading bloc in Latin America, comprising Brazil, Argentina, Uruguay and Paraguay. The issue was discussed during a meeting between the visiting Brazilian Vice President Geraldo Alckmin and Commerce and Industry Mi ...Read More >
Mumbai: IndusInd Bank on Friday clarified that the reported accounting irregularities amounting to Rs 255 crore are not part of any new investigation. The bank stated that the matter had already been investigated in an earlier probe conducted by an independent external agency, whose report was submitted in April 2025. In a filing to the stock exchanges, the private sector lender stated that it has made all the necessary disclosures in this regard, and the same has appropriately reflected the re ...Read More >
New Delhi: India and Brazil on Thursday agreed to deepen their economic engagement by expanding the scope of their Preferential Trade Agreement (PTA) under the Mercosur framework. As a part of this effort, the two countries have set a new bilateral trade target of $20 billion by 2030, up from $12 billion in 2024. At the India-Brazil Business Dialogue in New Delhi, Brazil's Vice President and Minister for Development, Industry, Trade & Services, Geraldo Alckmin, said the two nations were "comple ...Read More >
India must fire on all cylinders -- focusing on domestic demand, reforms, investment, innovation, and trade integration -- to sustain high growth India must fire on all cylinders -- focusing on domestic demand, reforms, investment, innovation, and trade integration -- to sustain high growth and meet its long-term development goals, Krishna Srinivasan, Director of the Asia and Pacific Department (APD) at the International Monetary Fund (IMF), said on Thursday. Responding to a question on India' ...Read More >
New Delhi [India], October 17 (ANI): World Bank President Ajay Banga has praised the Uttar Pradesh government for presenting a successful model of resilience-based agriculture that supports small farmers. He said the State has effectively demonstrated how digital systems and cooperative frameworks can strengthen the agricultural ecosystem and improve livelihoods. Also Read | 'Jalebi Fafda x Daily Lafda': Samay Raina Meets 'Taarak Mehta Ka Ooltah Chashmah' Actor Dilip Joshi; Netizens Hilariousl ...Read More >
New Delhi [India], October 17 (ANI): "Operation Sindoor is a glowing testimony to India's growing indigenous prowess, which is a result of the Government's relentless efforts to create a self-reliant defence manufacturing ecosystem within the country," said Raksha Mantri Rajnath Singh in Pune on Thursday, according to an official statement. He was elucidating the importance of possessing qualities such as faith and perseverance to the students of Symbiosis Skills and Professional University dur ...Read More >
Public anger erupted after Karnataka Congress MLA from Channagiri, Shivaganga Basavaraj, reportedly made derogatory remarks against a pregnant Range Forest Officer during a government review meeting. Public anger erupted after Karnataka Congress MLA from Channagiri, Shivaganga Basavaraj, reportedly made derogatory remarks against a pregnant Range Forest Officer during a government review meeting. The incident occurred during the quarterly Karnataka Development Programme (KDP) meeting in Channa ...Read More >
Mumbai: Indian banks are expected to report muted earnings and loan growth for the September quarter, reflecting a slowdown in both retail and corporate segments over the past two quarters. Analysts estimate system-wide loan and deposit growth at around 9-10%. Treasury gains are also likely to be weaker, as rising bond yields weigh on valuations. Additionally, banks may face some compression in net interest margins with the full impact of recent repo rate cuts coming through. Asset quality tren ...Read More >
Martin Saladin, Head of Promotion Activities Directorate at State Secretariat for Economic Affairs Martin Saladin, Head of the Promotion Activities Directorate at the State Secretariat for Economic Affairs, SECO, the Swiss government, on Wednesday said that Switzerland is shifting its focus towards India as a strategic economic partner amid the US trade tariffs. On US tariffs, Saladin said, "This is a concern. Obviously, Switzerland has also very high tariffs at the moment with 39 per cent. Th ...Read More >
Jaipur: The central government is working on developing 50+ globally benchmarked tourist destinations across India under the "One State: One Global Destination" vision of PM Narendra Modi. The two-day National Conference on Tourism Development and Global Tourism Destination, held in Udaipur on October 14-15, discussed the modalities and framework of the scheme. " Prime Minister Narendra Modi has introduced the concept of "One State, One Global Destination" with the aim of ensuring that each sta ...Read More >
Pune: Defence Minister Rajnath Singh said on Thursday that the government expects to achieve an annual target of manufacturing military hardware worth Rs 3 lakh crore in India and Rs 50,000 crore in exports by 2029 as part of the big push to self-reliance in the defence sector. "Operation Sindoor is a glowing testimony to India's growing indigenous prowess, which is a result of the government's relentless efforts to create a self-reliant defence manufacturing ecosystem within the country," the ...Read More >
EAAA Alternatives, formerly known as Edelweiss Alternatives, has raised a $60 million commitment from the European Investment Bank (EIB) for its India Energy Transition Fund, which targets a corpus of USD 300 million. The fund will be used for investing in renewable energy, energy storage, electric mobility, and other green infrastructure assets. "The fund has a target size of $300 million and will channel equity and quasi-equity into greenfield infrastructure projects and growth-stage compani ...Read More >
Pune, Oct 16 (SocialNews.XYZ) Defence Minister Rajnath Singh on Thursday said that Operation Sindoor was a symbol of the country's self-reliance, and the Army performed bravely using weapons made in India. "The Indian youth have taken a big initiative in the production of defence equipment, and in the last 10 years, our defence equipment production has increased from Rs 46,000 crore to Rs 1.50 lakh crore. In this, the private sector has contributed about Rs 33,000 crore. The goal is to increase ...Read More >
The Ministry of Defence signed a Rs 659.47 crore contract for advanced Night Sight devices for the Indian Army's SIG 716 Assault Rifles. This procurement, classified as Buy (Indian-IDDM), ensures over 51% indigenous content, boosting domestic defence manufacturing and enhancing soldiers' night combat capabilities up to 500 meters. The Ministry of Defence (MoD) signed a contract worth Rs 659.47 crore on 15 October 2025 for the procurement of Night Sight (Image Intensifier) devices for the Indian ...Read More >
In a viral stand-up set Ghosts and Periods, comic Urooj Ashfaq teases out a hypothesis: "Agar mardon ko 150 bar period hua hota, toh ab hum period jayanti mana rahe hote. There would be a period minister and a PMS Relief Fund." The line draws laughter, but the satire lands hard. If men menstruated, periods would likely be a symbol of masculine pride, wrapped in government-backed policies, social empathy, and institutional support. Ashfaq's joke finds its roots in Gloria Steinem's 1978 essay, 'I ...Read More >
New Delhi [India], October 14 (ANI): India and Mongolia on Tuesday took a significant step forward in strengthening their cultural and developmental partnership, with Prime Minister Narendra Modi announcing free e-visas for Mongolian citizens and the signing of a Memorandum of Understanding (MoU) to enhance cultural and people-to-people ties. During a joint press statement with Mongolian President Khurelsukh Ukhnaa in the national capital, Prime Minister Modi said the newly signed MoU between t ...Read More >
Mumbai: The Madhya Pradesh government has received investment proposals worth over ₹74,300 crore following an interactive session with industry leaders in Mumbai, as the state steps up its efforts to attract private sector participation across key sectors. Chief Minister Dr. Mohan Yadav said the state's recent policy reforms -- 18 new measures introduced during the Global Investors Summit -- have improved the ease of doing business and accelerated project clearances. Of the total proposals, ₹19 ...Read More >
The policy would grant female employees in government offices, private companies, and industrial sectors one day of paid menstrual leave per month. The Karnataka government is likely to soon approve the Periods Leave Policy-2025, which would grant female employees in government offices, private companies, and industrial sectors one day of paid menstrual leave per month which totals 12 days in a year. The policy is likely to be discussed during the Cabinet meeting chaired by Chief Minister Sidd ...Read More >
New Delhi: The International Solar Alliance (ISA), presided over by India, will review progress, identify challenges, and take measures to promote affordable solar energy for all-especially for the least developed countries and small island states-at its upcoming assembly later this month, Renewable Energy Minister Pralhad Joshi said on Wednesday. Joshi, who also serves as President of the ISA Assembly, said the alliance is united by a shared belief that the future is solar. Launched by India ...Read More >
Panaji: Goa has rolled out a clean energy roadmap 2050 towards building a clean, green, and sustainable Goa. Chief minister Pramod Sawant inaugurated the workshop for the implementation of the roadmap on Wednesday, highlighting key launches such as the Goa Renewable Energy Capacity Planning, the Net Positive Panchayat (NPP) Initiative, India's first programme aimed at making every panchayat energy self-sufficient, and an MoU with the SELCO Foundation to solarise healthcare facilities across the ...Read More >
New Delhi: India's computer services industry is riding a wave of global demand, and artificial intelligence appears to be one of the big drivers. According to the World Bank, India's software exports have grown sharply since the launch of ChatGPT in late 2022, with sectors like outsourcing and business process services adopting AI faster than expected. Speaking at the Fourth Kautilya Economic Conclave in New Delhi, Franziska Ohnsorge, Chief Economist for the South Asia Region at the World Bank ...Read More >
NEW DELHI, Oct 5 : Union Minister of State (Independent Charge) for Science & Technology; MoS PMO; Personnel, Public Grievances, and Pensions; Department of Atomic Energy and Department of Space, Dr. Jitendra Singh, called upon ministries and departments to transform the Government's ongoing cleanliness initiative into a mass movement that combines public participation, innovation and private sector engagement. At a high-level review meeting on the implementation of Special Campaign 5.0, Dr. Ji ...Read More >
New Delhi [India], October 5 (ANI): Arunachal Pradesh is set to witness a historic day on Monday with the launch of its first commercial coal mine at the Namchik-Namphuk coal block, marking a new chapter of growth, energy security, and local prosperity, Ministry of Coal said on Sunday. Union Minister G Kishan Reddy will first perform the Bhoomi Poojan, followed by the handing over of the mining lease. Also Read | Kurgaon Declared Most Beautiful Village in Maharashtra's Palghar, Bags INR 50 Lak ...Read More >
New Delhi: Gold prices fell by Rs 500 to Rs 1,20,600 per 10 grams in the national capital on Friday, ending a five-day record-extending rally, as investors booked profits and a slight recovery in the US dollar weighed on sentiment. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity had rallied Rs 1,100 to hit an all-time high of Rs 1,21,100 per 10 grams on Wednesday. Gold of 99.5 per cent purity also retreated from its peak, slipping Rs 500 to Rs 1,20,000 p ...Read More >
New Delhi: The government is considering a proposal for creation of a Rs 20,000 crore risk guarantee fund for the infrastructure sector to push investment by the private sector.The establishment of a risk guarantee fund for the infrastructure sector is expected to attract private sector investment by sharing project risks, thereby reducing the burden on project developers, sources said. The fund with initial corpus of Rs 20,000 crore may be managed by National Credit Guarantee Trustee Company L ...Read More >
New Delhi [India], October 2 (ANI): The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal Oswal Institutional Equities. The report highlighted that systemic credit growth, at 10.3 per cent (YoY) as of September reflected demand softness in both retail and corpo ...Read More >
New Delhi [India], October 2 (ANI): The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal Oswal Institutional Equities. The report highlighted that systemic credit growth, at 10.3 per cent (YoY) as of September reflected demand softness in both retail and corpo ...Read More >
Tata Advanced Systems Limited will establish India's first private helicopter Final Assembly Line in Vemagal, Karnataka, for Airbus H125 helicopters. This initiative aims to produce 'Made in India' H125s, boosting civil and para-public markets while addressing Indian armed forces' light multi-role helicopter requirements, particularly for Himalayan operations. Deliveries begin early 2027, with export plans for South Asia. Tata Advanced Systems Limited (TASL) will build India's first private-sec ...Read More >
Lucknow: Senior Samajwadi Party leader and former minister Gayatri Prajapati was attacked by a fellow inmate inside Lucknow Jail on Tuesday. The scuffle took place within the jail premises, after which prison authorities launched an internal inquiry. According to a statement issued by Dr Ramdhani, DIG Prisons, Lucknow Range, the incident occurred after Prajapati allegedly used abusive language towards another inmate, Vishwas Rajput. In response, Vishwas attacked Prajapati using a sharp object i ...Read More >
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