New Delhi, Aug 14 — The Ministry of Defence on Friday announced that it has signed contracts worth approximately Rs 1,577 crore with Tata Advanced Systems Limited and NIBE Private Limited for the procurement of Loiter Munition Systems, along with associated munitions and accessories, for the Indian…
Mumbai, Aug 14 — The Securities and Exchange Board of India (SEBI) on Friday expanded the scope of products that can be offered by online bond platform providers (OBPPs), allowing them to provide securities and investment products regulated by the International Financial Services Centres Authority…
New Delhi, Aug 14 — India's defence sector has undergone a transformational change over the past decade to emerge as a stronger, more self-reliant and globally credible force with the country's production of military hardware recording an over fourfold increase to touch Rs 1.78 lakh crore in…
New Delhi, Aug 14 — The Ministry of Skill Development and Entrepreneurship on Friday convened an India‑Japan stakeholder consultation here on Friday to advance the Action Plan for India‑Japan Human Resource Exchange and Cooperation and to prepare Indian youth for employment opportunities in…
Mumbai, Aug 14 — PhysicsWallah on Friday reported a consolidated net loss of Rs 77.6 crore in the June quarter of FY27, improving from a loss of Rs 120.5 crore a year ago, even as revenue rose 24.4 per cent year-on-year to Rs 1,054 crore. The edtech firm's losses narrowed amid stronger operating…
New Delhi, Aug 14 — India’s space ecosystem valued at $9 billion has expanded rapidly and is projected to reach $40–45 billion over the next decade, an official factsheet said on Friday.The registered space start‑ups rose from one in 2014 to about 440 by August 2026. Private investment in the…
New Delhi, Aug 14 — After witnessing an encouraging response and the resultant forex inflows, the Reserve Bank of India (RBI) on Friday announced to prematurely end its swap facility for Foreign Currency Non-Resident (Bank), or FCNR(B), deposits.The swap facility will now be available only for…
New Delhi, Aug 14 — The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond SGB 2019-20 Series III - Issue date August 14, 2019, at Rs 15,310 per unit, which gives investors the option to redeem this SGB tranche prematurely from August 14, 2026.The RBI…
New Delhi, Aug 14 — Australia should place India at the centre of its South Asia regional strategy to unlock greater trade, energy and infrastructure integration, a new report has said.The report from Australia-based policy think tank, Lowy Institute, said Canberra should launch a second phase of…
Mumbai, Aug 14 — India's foreign exchange reserves rose sharply by $14.136 billion during the week ended August 7, crossing the $707 billion mark, driven by a significant increase in foreign currency assets and gold reserves, according to data released by the Reserve Bank of India (RBI) on…
New Delhi, Aug 14 — As India approaches its demographic peak, professional services offer significant opportunities for high-skilled employment, entrepreneurship and innovation, a NITI Aayog report said on Friday, adding that a well-designed regulatory ecosystem can further strengthen service…
New Delhi, Aug 14 — Observations from India's Aditya-L1 solar mission have provided crucial insights into one of solar physics' biggest mysteries: how the Sun's outer atmosphere remains millions of degrees hotter than its surface and retains that heat despite constantly losing vast amounts of…
Chandigarh, Aug 14 — Union Agriculture Minister Shivraj Singh Chouhan on Friday launched a Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) system under which eligible Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) beneficiaries will receive their food subsidy directly…
New Delhi, Aug 14 — Deposits in India's banking system have accelerated sharply over the past three fortnights and rose to a record high, helped largely by the conversion of foreign-currency inflows mobilised under the Reserve Bank of India's (RBI) special deposit schemes, as per multiple…
New Delhi, Aug 14 — The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, has organised an international organic buyer-seller meet in Tripura aimed at connecting the state's organic producers and farmer groups with overseas…
New Delhi, Aug 14 — India’s shift toward higher‑value crops such as spices and oilseeds is creating stronger demand for organised price discovery and risk management, a report said on Friday.The report from Multi Commodity Exchange of India Limited (MCX) said spices recorded the strongest…
Mumbai, Aug 14 — Natco Pharma Limited on Friday reported a 57 per cent year-on-year (YoY) decline in consolidated net profit for the first quarter of the current financial year (Q1 FY27) as lower sales of its generic cancer drug lenalidomide weighed on revenue and operating performance.The…
Washington, Aug 14 — Indian drone manufacturers have been left outside a preferential US tariff regime that gives selected partners lower rates, potentially subjecting India-made unmanned aircraft and components to duties of up to 100 per cent. President Donald Trump signed the proclamation on…
New Delhi, Aug 14 — Shares of Aurobindo Pharma declined up to 2 per cent on Friday after the U.S. Food and Drug Administration (USFDA) issued a warning letter to a formulation manufacturing facility operated by its subsidiary -- Eugia Pharma Specialities Ltd -- in Telangana.According to the…
Mumbai, Aug 14 — Indian equity benchmarks ended modestly lower on Friday after oil prices gained following reports that the United States may continue the naval blockade at the Strait of Hormuz for an indefinite period, raising concerns about energy supplies and inflation.The Sensex fell 71 points,…
New Delhi, Aug 14 — The Finance Ministry on Friday issued an advisory for customers on the steps they need to follow for the redress of insurance policy-related grievances.The Insurance Regulatory and Development Authority of India (IRDAI) mandates a strict, time-bound process for resolving…