New Delhi, Aug 5 — The Centre has maintained the fiscal consolidation path in the first quarter of the current financial year with total receipts at Rs 10,49,243 crore, up to June 2026, which works out to 28.7 per cent of the corresponding budget estimate (BE) for 2026-27 and reflects an 11. 5 per…
New Delhi, Aug 5 — The measures to deepen the cooperative banking ecosystem through the proposed resumption of on-tap licensing for Urban Cooperative Banks and addressing portfolio concentration in rural cooperatives will further strengthen financial inclusion and last-mile credit delivery, CS…
New Delhi, Aug 5 — The government on Wednesday said it is committed to ensure that the Internet in India is free from any form of unlawful content or information, particularly vulgar and obscene content, as such content proliferates on various social media platforms.According to Minister of State…
Hyderabad, Aug 5 — "Telangana Rising–2026" Global Summit, scheduled to be held here in December, will serve as a platform to attract investments and boost Gross State Domestic Product (GSDP), Chief Secretary Sanjay Jaju said on Wednesday.He directed the concerned officials to ensure coordination…
Mumbai, Aug 5 — Whirlpool of India on Wednesday reported a 29.4 per cent decline in net profit for the June quarter, as higher input and operating costs squeezed margins despite double-digit growth in revenue.The home appliances maker posted a consolidated net profit of Rs 103 crore in the first…
New Delhi, Aug 5 — India should convert its scale, talent and digital public infrastructure into lasting technological leverage in artificial intelligence (AI) rather than merely seeking ways to avoid dependence, a new report has said.The report from India Narrative called AI a "deeply…
New Delhi, Aug 5 — Meta CEO Mark Zuckerberg on Wednesday apologised over the spread of child sexual abuse material (CSAM), deepfake content and shortcomings in the operation of the company's platforms.According to government sources, Zuckerberg acknowledged concerns raised by the government…
New Delhi, Aug 5 — The Antariksh Venture Capital Fund -- a SEBI‑registered Category II Alternative Investment Fund set up to back emerging space‑tech start‑ups -- is now operational and has selected three startups for investment, Parliament was informed on Wednesday.The fund began operating after…
New Delhi, Aug 5 — Indian Railways has incurred capital expenditure of over Rs 1.14 lakh crore or about 39 per cent of the budgetary allocation for 2026-27 till July, while expanding the deployment of its indigenous train collision avoidance system Kavach and upgrading tracks to support higher…
New Delhi, Aug 5 — Industry leaders and economists on Wednesday welcomed the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged at 5.25 per cent and maintain a neutral policy stance, saying the move provides policy stability and reflects confidence in India's economic resilience…
New Delhi, Aug 5 — Chinese AI models like DeepSeek have a serious limitation due to the censorship on information in the authoritarian state and are distrusted by many governments and users worldwide even though they are cheap and capable, according to an article published by East Asia Forum.When…
Chennai, Aug 5 — The Chief Minister C. Joseph Vijay-led TVK government in Tamil Nadu has increased financial assistance for traditional fishing families during the annual fishing lean and ban periods from Rs 6,000 to Rs 7,000 per family, a move expected to benefit around 1.93 lakh families across…
New Delhi, Aug 5 — India’s shift to electric vehicles is becoming a key economic driver, with EV sales rising 46-fold from about 50,000 units in 2016 to 2.3 million units in 2025 and the market is projected to grow to $191.04 billion by 2034 at a CAGR of 54.94 per cent, the government said on…
New Delhi, Aug 5 — The Bankers' Books Evidence Bill, 2026, introduced by the government in the Parliament, is aimed at retiring a 135-year-old colonial law for a digital-era banking system in India.The Bill repeals and replaces the Bankers' Books Evidence Act, 1891, with a technology-neutral legal…
Mumbai, Aug 5 — Indian equity benchmarks ended marginally higher on Wednesday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 per cent and maintained its neutral policy stance, broadly in line with market expectations.The Sensex settled 152.05 points, or 0.19…
New Delhi, Aug 5 — India is likely to continue outperforming most major global economies despite persistent global uncertainties, supported by strong domestic consumption and rising exports, HSBC Mutual Fund India Chief Executive Officer Kailash Kulkarni said on Wednesday.In an exclusive interview…
New Delhi, Aug 5 — Social media platforms, including Meta, must comply with the law of the land, IT Ministry sources said on Wednesday, as a parliamentary panel asked Meta CEO Mark Zuckerberg to issue an "unqualified apology" within three days over the brief removal of Prime Minister Narendra…
New Delhi, Aug 5 — The India Meteorological Department (IMD) has issued a below-normal rainfall forecast for the 2026 Southwest Monsoon season due to the El Nino event, thereby providing advance guidance for preparedness and planning by the stakeholders concerned, the Parliament was informed on…
New Delhi, Aug 5 — Premium apparel brand Monte Carlo Fashions on Wednesday reported a wider consolidated net loss of Rs 23.4 crore for the quarter ended June 30 (Q1 FY27), compared to a net loss of Rs 16.2 crore in the corresponding quarter of the previous financial year (Q1 FY26).On…
New Delhi, Aug 5 — The government on Wednesday operationalised the inventory-based cross-border e-commerce facilitation framework by notifying detailed procedures for registration, inventory management, compliance, reverse logistics and dispute resolution under the Foreign Trade Policy (FTP),…
New Delhi, Aug 5 — India’s booming pre‑owned vehicle market presents a fast, practical opportunity to cut urban pollution for which the government must adopt a time‑bound national retrofit policy to convert in‑use petrol and diesel vehicles to Auto LPG, an industry body said on Wednesday.The Indian…