Washington, Sep 10 — The International Monetary Fund (IMF) on Thursday described India as a key engine of global growth after the country’s economy expanded 7.8 per cent in the second quarter, exceeding its expectations and the consensus among other observers.The stronger-than-expected performance…
Mumbai, Sep 10 — Technology will play a central role in expanding pension coverage in India, particularly among workers in the unorganised sector who do not have regular salaried employment, PFRDA Chairman Shivsubramanyam Raman said on Thursday.Speaking on the sidelines of the Global Fintech Fest…
New Delhi, Sep 10 — Commerce and Industry Minister Piyush Goyal on Thursday identified pharmaceuticals, engineering goods, chemicals, textiles, and food products as the main thrust areas to accelerate bilateral trade between India and Russia to meet the $100 billion target by 2030.Addressing the…
Thiruvananthapuram, Sep 10 — Kerala's banking sector has recorded strong growth, with credit to agriculture and MSMEs touching record levels even as total deposits crossed Rs 10.84 lakh crore, the State Level Bankers’ Committee (SLBC) said.The banking sector’s performance was reviewed at the SLBC…
Guwahati, Sep 10 — State-owned Oil India Limited (OIL) is stepping up its focus on research, innovation and startups to unlock new opportunities across the energy sector, with its collaboration with the Indian Institute of Technology (IIT) Guwahati emerging as an important part of the…
Mumbai, Sep 10 — Communications Minister Jyotiraditya M. Scindia said on Thursday that 10 years ago, only six crore people in India had access to broadband and today that number tops 102 crore while data costs have fallen from Rs 287/GB to Rs 9/GB, making the country "the cheapest data capital of…
New Delhi, Sep 10 — Infosys Chairman Nandan Nilekani said on Thursday at the Global Fintech Fest (GFF) that India’s best defence against job disruption from artificial intelligence may not be creating more large firms but enabling millions of small businesses to grow.Nilekani said when large…
Mumbai, Sep 10 — The Reserve Bank of India (RBI) on Thursday recognised the Unified Fintech Forum (UFF) as a self-regulatory organisation for the fintech sector (SRO-FT), making it the second industry body to receive such approval from the central bank.The RBI said that it had examined UFF’s…
New Delhi, Sep 10 — Brent crude oil prices climbed above $105 a barrel on Thursday, reaching their highest level since May 25, as renewed fighting between the US and Iran raised concerns over prolonged disruptions to global energy supplies. Strong Chinese buying and a sharp decline in Saudi…
New Delhi, Sep 10 — Civil Aviation Minister Kinjarapu Ram Mohan Naidu said on Thursday that India’s aerospace market is poised to nearly double from over $30 billion in 2025 to $61 billion by 2035, even as the country's commercial aviation fleet is expected to more than double to around 2,050…
New Delhi, Sep 10 — Union MoS Science & Technology and Earth Sciences, Dr. Jitendra Singh on Thursday said that India’s next innovation wave must come from beyond metros, and disclosed that ESTIC-2026 (Emerging Science, Technology & Innovation Conclave) will be held from October 27-29 2026…
New Delhi, Sep 10 — A tariff hike is likely in India’s telecom sector, alongside continued premiumisation, to support 10 per cent ARPU growth and 12-14 per cent revenue growth in FY27, even as subscriber additions remain moderate, a report said on Thursday.The report from CareEdge Ratings…
Ranchi, Sep 10 — Taking a serious view of the disruption of internet services in several areas of Ranchi during a drive to remove the web of internet and cable wires from electricity poles, the Jharkhand High Court has sought responses from all internet service providers and directed the immediate…
New Delhi, Sep 10 — India’s growth momentum remains resilient, supported by a strong Q1FY27 GDP print, returning foreign portfolio investor flows, among other positive factors, a report said on Thursday, going overweight on Banks, Capital Goods and Defence, Diversified Financials, Metals,…
New Delhi, Sep 10 — The Delhi High Court has directed authorities across the country not to allow any GST registration without biometric-based Aadhaar authentication, observing that fraudulent registrations using stolen or frozen PAN and Aadhaar details were continuing despite measures announced by…
Mumbai, Sep 10 — Reserve Bank of India Governor Sanjay Malhotra and Securities and Exchange Board of India Chairman Tuhin Kanta Pandey on Thursday launched India’s first tokenised corporate bond pilot at the Global Fintech Fest 2026, marking a significant step towards the use of blockchain and…
New Delhi, Sep 10 — The Central Bureau of Investigation (CBI) has filed its 20th charge sheet in the ongoing investigation into large-scale homebuyers fraud cases, naming Noida-based builder M/s Ajnara India Limited, its promoters/directors, and 15 public servants associated with ICICI Bank, HDFC…
Guwahati, Sep 10 — Assam Chief Minister Himanta Biswa Sarma on Thursday inaugurated PepsiCo India's Rs 787-crore food manufacturing facility at Banekuchi in Nalbari, describing the plant as a major step in the state's industrialisation and a boost for local farmers and employment. Chief Minister…
Guwahati, Sep 10 — Assam Chief Minister, Himanta Biswa Sarma, on Thursday said the state government is planning to create land banks and develop industrial estates at strategic locations to address the shortage of suitable land, which he identified as one of the major hurdles delaying new…
New Delhi, Sep 10 — The Centre’s Department of Consumer Affairs announced on Thursday that it has amended the E-Commerce Rules to strengthen consumer protection while facilitating a transparent and balanced regulatory framework for the e-commerce sector.The new rules, which strengthen provisions on…
Mumbai, Sep 10 — Fintech companies should not build businesses by exploiting gaps between regulatory categories and then seek regulatory clarity after scaling, Reserve Bank of India Governor Sanjay Malhotra said on Thursday, stressing that transparency and early engagement with regulators can help…