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Principal Secretary-2 to the PM, Shaktikanta Das, highlights India's 7.8% average GDP growth as a blueprint for navigating global volatility. With global risks tilted to the downside due to frequent geopolitical shocks, India's experience offers a model of navigating volatility through structural reforms, policy discipline, and innovation, Principal Secretary-2 to the Prime Minister of India Shaktikanta Das said on Thursday. The global economy has been grappling with persistent shocks, includi ...Read More >
Mumbai: Axis Bank's latest provisional update signals consistent balance sheet expansion, with both lending and deposit franchises showing resilience despite a competitive banking environment. Axis Bank's gross advances stood at Rs 12,442 billion as of March 31, 2026, marking a 6.3 percent increase over the December 2025 quarter and an 18.4 percent rise compared to the previous year. This growth highlights continued credit demand across retail and corporate segments, suggesting the bank has mai ...Read More >
New Delhi, Apr 1 (PTI) The government's decision to extend limited duty concessions to manufacturing units in special economic zones (SEZs) for selling goods in the domestic market is a one-time relief measure and not a permanent policy change, finance ministry sources said on Wednesday. The emphasis of these zones is and will continue to remain on exports, they said. The government has provided duty concessions to SEZ manufacturing units for one year till March 2027 for sale of notified goods ...Read More >
Kalyan, April 1: The Kalyan-Dombivli Municipal Corporation (KDMC) has posted an impressive performance in property tax recovery for FY 2025-26, garnering Rs 432.41 crore as of March 31, 2026, about 86% of its Rs 500 crore target, underlining a steady uptick in civic revenue mobilisation. Key revenue driver and administrative push Property tax continues to be the corporation's principal revenue stream, critical for underwriting infrastructure upgrades and delivery of essential civic services ac ...Read More >
New Delhi [India], April 1 (ANI): The government's decision to allow Special Economic Zones (SEZs) units to sell in the domestic market has triggered concern among local manufacturers, who fear cheaper SEZ goods could undercut them at home. Finance Ministry sources, however, told ANI that the relief measure comes with a robust three-pillar safeguard framework -- designed specifically to ensure the domestic industry is not disadvantaged. SEZ units already enjoy significant structural advantages ...Read More >
New Delhi, Apr 1 (PTI) Civil Aviation Minister K Rammohan Naidu on Wednesday said public sector oil marketing companies' decision to implement a partial and staggered increase in jet fuel prices for domestic airlines will help in shielding passengers from sharp fare hikes. Aviation Turbine Fuel (ATF) accounts for around 40 per cent of an airline's operational costs. Naidu said that with ATF prices have been deregulated since 2001 and revised monthly based on international benchmarks. Facing e ...Read More >
AHMEDABAD: On his second visit to Gujarat within a month, Prime Minister Narendra Modi inaugurated a semiconductor facility in Sanand after unveiling a Jain heritage museum in Gandhinagar, signalling the state's growing role in India's global chip manufacturing ambitions. Prime Minister Narendra Modi returned to Gujarat with a calibrated political and economic message rooted in heritage and powered by high technology, marking his second visit to the state within a month and underscoring its cen ...Read More >
Bhubaneswar: Odisha Revenue and Disaster Management Minister Suresh Pujari said the state is fully prepared with all safety measures ahead of the potential Cyclone Montha. He said eight districts have been identified as "most vulnerable" and all departments have been instructed to remain alert and active. "The Odisha government has prepared extensively for the impending cyclone, which is currently 930 kilometres away from the Odisha coast and moving towards the west and northwest. Eight distric ...Read More >
Bhubhaneswar (Odisha) [India], October 27 (ANI): Odisha Revenue & Disaster Management Minister, Suresh Pujari, ensured that the state is fully prepared with all the safety measures ahead of the potential Cyclone Montha. He said that eight districts have been identified as "most vulnerable" and all the respective departments are instructed to be alert and active. "The Odisha government has prepared extensively for the impending cyclone, which is currently 930 kilometres away from the Odisha coas ...Read More >
Fossil-like remains, including a large bone-shaped structure and petrified wood, have been unearthed near a pond in Rajasthan's Jaisalmer district, raising hopes of a dinosaur-era link. Officials and archaeologists are awaiting a Geological Survey of India (GSI) probe to confirm the age. Experts caution against assumptions until scientific tests like carbon dating are conducted. Fossil-like remains, including a large bone-shaped structure and petrified wood, have been discovered during the exca ...Read More >
Mumbai : UGRO Capital Limited ("UGRO" or "the Company"), a DataTech NBFC focused on MSME lending, announced its financial performance for the quarter ended June 30, 2025 (Q1'FY26). The Company sustained healthy year-on-year growth and a stable risk profile, while reinforcing structural growth engines of branch expansion in Emerging Markets, scale in Embedded Finance, and progress on the Profectus Capital acquisition and ongoing equity raise. Continuing its journey toward becoming the largest sma ...Read More >
New Delhi [India], July 20 (ANI): India's tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The report added that the rising premiumisation is expected to give a slight leg-up to realisations. However, escalating trade tensions and the risk of dumping by Chinese produ ...Read More >
New Delhi [India], July 20 (ANI): India tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The report added that the rising premiumisation is expected to give a slight leg-up to realisations. However, escalating trade tensions and the risk of dumping by Chinese produce ...Read More >
New Delhi [India], July 20 (ANI): India's tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The report added that the rising premiumisation is expected to give a slight leg-up to realisations. However, escalating trade tensions and the risk of dumping by Chinese produ ...Read More >
Srinagar, July 6: Lieutenant Governor Manoj Sinha today attended the 125th birth anniversary celebration of Dr Syama Prasad Mookerjee, at Tagore Hall, here. Paying rich tribute to Mookerjee on his birth anniversary, Sinha recalled his immense contributions as one of the key architects of modern India. "Dr Mookerjee was a visionary statesman, educationist and fearless Parliamentarian whose ideals continue to shape the destiny of India. His profound knowledge, and resolute commitment to social c ...Read More >
New Delhi: As India and the US prepare to seal a deal aimed at boosting bilateral trade, New Delhi is aiming for a balanced outcome while Washington is focused on securing deeper market access for its goods. Though India has drawn red lines around its sensitive sectors -- agriculture, dairy, and genetically modified (GM) food -- the US continues to push for significant concessions. It has signalled a potential 6% duty relief from the 16% reciprocal tariff hike announced on 2 April, which remain ...Read More >
BHUBANESWAR: Prime Minister Narendra Modi gifted a handcrafted silver filigree purse from Cuttack to First Lady of Ghana Lordina Mahama during his visit to the country. Meticulously handcrafted by skilled artisans, it features delicate floral and vine motifs formed from fine silver wires, combining airy lightness with durability and elegance. Traditionally used in jewellery, Cuttack's filigree now adorns modern accessories like this purse, blending heritage with contemporary style. PM Modi arr ...Read More >
New Delhi [India], July 4 (ANI): India needs to urgently take steps to reduce its growing dependence on Chinese imports, according to a recent report by the Global Trade Research Initiative (GTRI). The report recommends reverse-engineering of low- to mid-tech imports, stronger domestic production incentives, and long-term investment in deep-tech manufacturing to strengthen India's economic resilience. It also added that the need for this shift has become even more critical as geopolitical tens ...Read More >
NEW DELHI: The Reserve Bank of India (RBI) on Friday slashed the repo rate by 50 basis points to 5.5%, the lowest level in three years. This marks the third consecutive rate cut in 2025, bringing the cumulative reduction to 100 basis points since February. Alongside the rate cut, the central bank also reduced the cash reserve ratio (CRR) by 100 bps, unlocking ₹2.5 lakh crore worth of liquidity in the system. Sanjay Malhotra, governor, RBI said the monetary policy committee (MPC) took the decisi ...Read More >
A temple locked since 1978 communal riots in Sambhal, Uttar Pradesh, has been reopened by authorities during an anti-encroachment drive. The Bhasma Shankar temple, containing idols of Lord Hanuman and a Shivling, was rediscovered during an electricity theft inspection. This follows recent violence and heightened tensions in the area, including a mosque survey dispute and loudspeaker fine.The Sambhal administration here on Saturday uncovered and reopened a temple, which is said to have been close ...Read More >
The headline, explained: We are amused, perplexed, little scared at Kochi schools' idea of grading with emojis Emojis originated in the 1980s from a foreshadowing that in the computer age, conveying human emotions would somehow become harder than it had been for millennia. Internet, smartphone and AI later, they may be the fastest growing language. Young Indians are second to none in 'speaking' it. Adults with any interest in effective communication with junior gens keep up, no matter how many ...Read More >
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