Mumbai, July 28 — The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL), months after the Reserve Bank of India (RBI) revoked the bank's licence over persistent regulatory violations, marking the final step in the lender's closure process, the central bank said on…
New Delhi, July 28 — The Index of Industrial Production (IIP) recorded a 7.3 per cent (year-on-year) growth in June, supported by a robust 7.8 per cent growth in the manufacturing sector and 10.6 per cent growth in the electricity and gas supply sector, the government data showed on Tuesday.The…
New Delhi, July 28 — Cheaper artificial intelligence (AI) models from China could trigger massive capital destruction in the US stock market as investors begin to question the returns on the massive AI investments made by American technology giants, Jefferies' Global Head of Equity Strategy…
Ahmedabad, July 28 — Adani Group-backed Ambuja Cements Ltd on Tuesday reported a strong operational performance for the first quarter of FY27, driven by higher trade sales, premiumisation and cost optimisation, while reaffirming its plan to expand cement manufacturing capacity to 119 million tonnes…
New Delhi, July 28 — Finance Minister Nirmala Sitharaman honoured winners of the ‘NDTV Profit Business Leadership Awards 2026,’ who were selected through a rigorous evaluation process by a distinguished jury chaired by Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises.The recently-held…
New Delhi, July 28 — India’s textile and apparel exports, including handicrafts, increased from Rs 2,97,004 crore in 2023–24 to Rs 3,25,339 crore in 2025–26, registering a compound annual growth rate (CAGR) growth of 4.7 per cent during the period, the Parliament was informed on Tuesday.While the…
New Delhi, July 28 — Electric vehicle (EV) maker Tesla on Tuesday said that it expanded its after-sales network in India by opening its first approved body shop in Pune, Maharashtra.Along with this, the company also launched test drives for the 2026 Model Y Premium Rear-Wheel Drive and Model Y L in…
Mumbai, July 28 — Suzlon Energy Limited on Tuesday reported a nearly 6 per cent year-on-year (YoY) decline in consolidated net profit to Rs 305 crore for the first quarter of FY27. It reported a consolidated net profit of Rs 324 crore in the corresponding quarter last fiscal (Q1 FY26), according to…
New Delhi, July 28 — India's telecom sector continued to expand in June 2026, with the total telephone subscriber base increasing to 1.348 billion from 1.343 billion in May, registering a monthly growth rate of 0.37 per cent, according to the latest telecom subscription data released by the Telecom…
New Delhi, July 28 — India's private SpaceTech ecosystem has raised a record $871 million across 241 funding rounds through July 2026, driven by policy reforms that opened the sector to private participation and attracted institutional capital, according to a report released on Tuesday.The report…
New Delhi, July 28 — Indian companies score above global peers on AI readiness but only 19 per cent have started changing office space and operations to reflect that, with a 58‑point gap between recognition and execution, a report said.The report from JLL said 77 per cent of Indian business leaders…
New Delhi, July 28 — India’s Manufacturing, Engineering and Infrastructure (MEI) sector is expected to see salary increments rise to 9.4 per cent in FY27, up from 7.9 per cent in previous year, driven by a recovery in project activity, semiconductor expansion and Industry 4.0 capabilities rollouts,…
New Delhi, July 28 — The government on Tuesday inaugurated Hub and Spoke international flight operations from Amritsar, making it the second airport after Varanasi to be integrated into the pioneering ‘Hub & Spoke’ framework for international passenger movement.Until now, passengers travelling…
New Delhi, July 28 — Meta has admitted that Prime Minister Narendra Modi's video on Facebook was removed in error and said it has now been restored as the Ministry of Electronics and Information Technology (MeitY) summoned the global heads of Meta and Instagram over the brief blocking of the…
New Delhi, July 28 — Union Minister of Commerce and Industry Piyush Goyal has said that the Centre remains committed to fostering a globally competitive and innovation-driven pharmaceutical sector while ensuring affordable healthcare.In a post on social media platform X, the minister said he held a…
New Delhi, July 28 — Backed by a strong policy environment under Prime Minister Narendra Modi, India’s space sector is gaining from our existing expertise and the drive of new-generation innovators, powering India's leadership in this sector, Commerce and Industry Minister Piyush Goyal has…
New Delhi, July 28 — As AI reshapes business models across the technology sector, the selloff in US technology stocks stretched into a fourth straight trading session, wiping about $1.2 trillion from the sector's market value.Nasdaq 100 index extended its decline overnight, with Tesla leading…
Seoul, July 28 — South Korean stocks plummeted more than 8 per cent on Tuesday as investors dumped tech shares amid heightened fears over artificial intelligence (AI) investment.After opening 5.26 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) extended losses, falling 580.04…
New Delhi, July 28 — Prime Minister Narendra Modi on Monday met Pawan Chandana and Naga Bharath Daka, the co-founders of Skyroot Aerospace. The successful flight of Vikram-1, Skyroot’s private launch vehicle, dominated the exchange.What began as a congratulatory meeting evolved into an energetic…
Kohima, July 27 — Nagaland Chief Minister Neiphiu Rio on Monday stressed the need for specialised investigation and greater technological capability to tackle emerging security challenges, saying organised extortion, drug trafficking, cybercrime, financial fraud, human trafficking, and crimes…
New Delhi, July 27 — The government on Monday announced the setting up of a task force to support the toy sector and identify interventions towards achieving the goal of reaching a 5 per cent share in the global toy market by 2032.The task force will work towards achieving six objectives —…