Thiruvananthapuram, Aug 12 — Urbanisation will be a critical driver of India’s economic transformation and its aspiration to become a developed nation by 2047, Arvind Panagariya, Chairman of the 16th Finance Commission, said on Wednesday.Addressing the sixth edition of the Lok Bhavan Conversations…
New Delhi, Aug 12 — Tata Sons Chairman N Chandrasekaran has resigned from his position and will not seek re-appointment when his current tenure ends in February 2027, according to a report by NDTV Profit citing sources.The development comes ahead of Tata Sons' Annual General Meeting scheduled for…
New Delhi, Aug 12 — Godrej Consumer Products Limited (GCPL) shares plunged 10 per cent to hit a 52-week low and the lower circuit on Wednesday in the morning session trade after the company announced the immediate resignation of Sudhir Sitapati as Managing Director and Chief Executive Officer (MD…
New Delhi, Aug 12 — Tata Sons chairman N. Chandrasekaran has discussed with close associates the possibility of stepping down before the conglomerate's annual general meeting (AGM) as uncertainty surrounds his reappointment as a director and disagreements persist within the Tata group, according to…
Chennai, Aug 12 — Petrol pump operators across Tamil Nadu have threatened to stop accepting UPI and other digital payments, raising concerns over bank account freezes and police action triggered by transactions later linked to cybercrime complaints. The Tamil Nadu Petroleum Dealers Association…
New Delhi, Aug 12 — Domestic equity markets traded lower in early deals on Wednesday amid rising crude oil prices and continued geopolitical tensions.Sensex declined as much as 0.34 per cent or 273 points to 77,881, hitting an intraday low in the morning trade and Nifty decreased 81 points or 0.33…
Seoul, Aug 12 — South Korea's major mobile carrier KT Corp said on Wednesday its second-quarter net income fell 34.5 per cent from a year earlier due to the effect of government fines from its massive data breach.The company's net income for the April-June period on a consolidated basis was 480.6…
Seoul, Aug 12 — The Supreme Court here on Wednesday ordered Samsung Securities Co. to pay the National Pension Service (NPS) 1.86 billion won ($1.3 million) in damages over a 2018 dividend error by an accidental stock issuance.The top court ruled in favour of the NPS in the damages suit filed…
Jaipur, Aug 12 — Union Finance Minister Nirmala Sitharaman is in Jaipur to attend the two-day meeting of BRICS finance ministers and central bank governors, being held under India’s BRICS presidency. The two-day meeting will begin at 11:15 a.m. on Wednesday at Hotel Rambagh in the state capital…
Chennai, Aug 12 — The Greater Chennai Corporation (GCC) has directed all public and private sector employers operating within the city limits to deduct professional tax from the salaries of eligible employees for August and remit the amount to the civic body by September 30.The directive is…
New York/New Delhi, Aug 11 — US-based lawyer Jim Walden said on Tuesday that the US court's dismissal of criminal charges against Adani Group Chairman Gautam Adani and his nephew Sagar Adani started out as a tough prosecution but was at par for the course.Speaking to IANS, the attorney said that…
New Delhi, Aug 11 — India and Namibia have agreed to strengthen bilateral trade beyond a raw-material-based composition towards value addition, set up investment focal points and new working groups on pharmaceuticals and services at a two-day meeting between official delegations of the two…
Ahmedabad, Aug 11 — The Ahmedabad Municipal Transport Service (AMTS) recorded its highest-ever passenger count and daily revenue on a working day on August 10, with 6,31,761 passengers using its bus services and revenue reaching Rs 39,77,935. A total of 970 AMTS buses operated on the roads on…
New Delhi, Aug 11 — Only around 3.1 per cent of 70,652 fruit and vegetable samples tested across 23 states and Union Territories were found to contain pesticide residues above the Maximum Residue Limit (MRL) prescribed by the Food Safety and Standards Authority of India (FSSAI) during the last…
New Delhi, Aug 11 — India is focused on securing its energy needs through diversified sources in order to meet its national priorities amid the supply chain disruptions due to the West Asia conflict, the Ministry of External Affairs said on Tuesday. "Our energy security, what it is predicated on,…
Mumbai, Aug 11 — Som Distilleries and Breweries Limited on Tuesday reported a sharp decline in its June quarter earnings, with net profit plunging 96.2 per cent year-on-year to Rs 1.6 crore as revenue nearly halved and operating margins contracted significantly.The alcoholic beverages maker…
New Delhi, Aug 11 — The Aircraft Accident Investigation Bureau (AAIB), which is probing the Air India Flight AI 2379 Phuket–Delhi incident, is presently engaged in the systematic collection, preservation and examination of all relevant technical, operational, medical, and human factor evidence,…
Ahmedabad, Aug 11 — The Adani Group has selected the first cohort of innovators under its flagship entrepreneurship initiative, 'Vande Bharatam', after receiving more than 26,000 applications from across India. The programme, launched by Adani Group Chairman Gautam Adani, aims to identify and…
New Delhi, Aug 11 — India's net direct tax collections recorded a robust 23.09 per cent increase to Rs 8.11 lakh crore as of August 10 in the current financial year compared to the same period of 2025-26, according to government data released on Tuesday.Gross direct tax collections clocked a…
New Delhi, Aug 11 — The government has asked Meta to align its content policies and enforcement mechanisms with Indian laws and the country's cultural context, while making it clear that it has not sought any overhaul of the social media giant's algorithms.The discussions between the government and…
New Delhi, Aug 11 — Civil Aviation Secretary Samir Kumar Sinha and senior officials held a meeting with Air India CEO Campbell Wilson on Tuesday in connection with the mid-air turbulence incident involving the Tata Group airline’s Phuket-Delhi flight, which abruptly dropped by 300 feet at an…