[ad_1] NEW DELHI: The rise in UPI payments has helped reduce use of cash in India, a new paper by a team from IMF has said, while using proxies, such as cash withdrawal from ATMs and currency in circulation as a proportion of GDP.“Since its launch in 2016, UPI has grown quickly, while some proxies for cash usage have begun

[ad_1] India and the US are progressing toward an interim trade deal that may set tariff rates below 20%, shielding India from the steep hikes the US has recently imposed on many nations. (A file photo) | Photo Credit: PTI The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people

[ad_1] The negotiators have sought the PMO’s intervention in finalising the first tranche of the India-US Bilateral Trade Agreement (BTA), as President Donald Trump has neither accepted nor rejected the deal even after approval by the United States Trade Representative, the people said, speaking on the condition of anonymity. While the initial working deadline was 8 July, the US has

[ad_1] MUMBAI: The grocery bag of urban and rural shoppers is undergoing a divide. Urban Indians are gravitating towards unbranded products in select categories and are also experimenting with new-age brands, while rural consumers are taking to legacy FMCG brands. While there is a big market for unbranded goods in rural, it is losing out to the distribution strength of

[ad_1] Tesla will open its first showroom in India on Tuesday and begin deliveries as early as next month, people familiar with the matter said, as the Elon Musk-led electric vehicle maker looks to tap potential demand in the third-largest automobile market to counter slowing sales elsewhere.The opening of the Mumbai showroom will mark the formal entry of Tesla into

[ad_1] H D Kumaraswamy (File photo) NEW DELHI: Union minister H D Kumaraswamy on Friday launched the first scheme to provide customer facing incentives on purchase of electric trucks of up to Rs 9.6 lakh per vehicle as part of govt’s PM E-DRIVE initiative, which has earmarked Rs 500 crore for electric trucks out of its Rs 10,900 crore outlay.Industries

[ad_1] NEW DELHI: The GST Council, which will meet shortly, is expected to comprehensively review the eight-year-old regime focused on reducing tax on several consumer-focused items in the 12% bracket as well as lowering the burden on items such as air conditioners, which are in the top bracket.Besides, with the compensation cess – money released to states to offset any

[ad_1] HYDERABAD: Breaking out from the shadows of glittering gold, silver hit a record Rs 1,13,000 a kg on MCX late Friday. It came on the back of international prices hit a 13-year high of $37.8/Oz in the spot market and $38.7 in futures, amid rising trade worries after US President Donald Trump returned with reciprocal tariff announcements this week.“On

[ad_1] Air India Plane Crash: The Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report on its investigation into the Air India flight 171 crash in Ahmedabad, in which 260 people, inlcuding 241 onboard passengers, were killed on June 12. The 15-page report reveals the dramatic cockpit voice recordings about one of the slain pilots realising the fuel had

[ad_1] NEW DELHI: Growth in gross direct tax collections moderated to 3.2% in the fiscal year up to July 10, from 4.9% three weeks ago, driven by a slowdown in non-corporation tax. Latest data released by govt estimated gross collections of Rs 6,64,807 crore between April and July 10.Net direct tax collections – which means after refunds – are estimated

[ad_1] FILE PHOTO: A firefighter stands next to the crashed Air India Boeing 787-8 Dreamliner aircraft, in Ahmedabad, India, June 13, 2025. REUTERS/Adnan Abidi/File Photo | Photo Credit: ADNAN ABIDI New Delhi The preliminary report from the probe into the tragic crash of Air India’s Boeing 787-8 aircraft a month ago has revealed that both engines shut down seconds after

[ad_1] US President Donald Trump will likely be denied the privilege of addressing Britain’s Parliament during his upcoming state visit in September, marking a significant diplomatic departure from recent norms. Unlike French President Emmanuel Macron, who delivered a speech to both houses just days ago, no formal request has been submitted to Commons Speaker Sir Lindsay Hoyle for Trump to

[ad_1] Pennsylvania’s 911 system went down statewide Friday afternoon due to an IT failure, preventing emergency calls from connecting. At 3:18 PM, the Pennsylvania Emergency Management Agency (PEMA) blasted alerts to smartphones warning of “statewide intermittent 911 outages.”  Residents were urged to contact local 911 centers via non-emergency lines instead. The outage originated from a technical glitch at a third-party

[ad_1] Vermont faced another summer of flash floods Thursday as up to 5 inches of rain fell in just hours, overwhelming rivers and roads. The small town of Sutton saw nearly 20 homes cut off when Calendar Brook overflowed, trapping residents who needed rescue by swift-water teams from neighboring towns. Fire Chief Kyle Seymour described how the “incredibly strong, quick-moving”

[ad_1] Canadian Prime Minister Mark Carney struck back at President Trump’s new 35% tariff threat, declaring Canada has made “vital progress” against fentanyl trafficking. Trump’s tariff, set for August 1, hikes earlier 25% duties, blaming Canada for allowing the opioid to “pour” into the US. Carney pledged ongoing cooperation to “save lives” but stressed Canada would keep defending its workers

[ad_1] President Donald Trump in Texas on Friday viewed firsthand the devastation left by extreme flooding that killed at least 120 people and left scores still missing in the state’s Hill Country region, seeking to reassure residents of the federal response to the disaster. The president met with local officials and emergency workers in hard-hit Kerr County, where he received

[ad_1] Do you consider yourself a pro in crafting words and spotting hidden alphabets in patterns? If yes, then Connections, a highly popular daily word game from The New York Times, could be your ideal pastime. Offering a unique twist to traditional puzzles, it perfectly offers a blend of word association and creative thinking. The New York Times’ Connections puzzle

[ad_1] In a bid to improve toll plaza efficiency and prepare for upcoming digital tolling upgrades, the National Highways Authority of India (NHAI) has announced a stricter policy for blacklisting users of ‘loose FASTags’—those not affixed to vehicle windscreens.The NHAI said the move is crucial to ensure the authenticity of FASTags and the integrity of the Electronic Toll Collection (ETC)

[ad_1] Software Technology Parks of India (STPI) and Indian Institute of Corporate Affairs (IICA) have on Friday (July 11, 2025) signed a Memorandum of Understanding (MoU) to collaborate in the fields of capacity building, advocacy, awareness, as well as research and publication. As per the agreements, STPI and IICA will work in partnership to create a skilled, globally competitive

[ad_1] David Corenswet stars are Superman in Warner Bros.’ “Superman.” Warner Bros. Discovery It’s not a bird or a plane that soared into cinemas Thursday night — it was Warner Bros.’ “Superman.” The first film in the new era of DC films under James Gunn and Peter Safran snared $22.5 million from preview showings. It’s the third-best Thursday performance for

[ad_1] This could potentially become the largest Indian IPO in the clean energy and renewables sector. Representational image. | Photo Credit: Getty Images/iStockphoto INOX Clean Energy has confidentially filed draft papers with markets regulator Sebi to raise ₹6,000 crore through an Initial Public Offering (IPO), according to industry sources familiar with the development. This could potentially become the largest Indian

[ad_1] Babbar Khalsa International terrorist Harjeet Singh Laddi admitted to firing 12 bullets at Kapil Sharma’s newly opened “Kap’s Café” in Surrey, Canada, early July 10. Videos show masked men shooting from a moving car, shattering the café’s glass windows while staff were inside. Thankfully, no one was injured. Who is Harjeet Singh Laddi? Laddi is a Germany-based operative on

[ad_1] The Geological Survey of India (GSI) is conducting advanced exploration of rare earth minerals in West Bengal’s Purulia district, with GSI Director General Asit Saha saying that G2-level exploration is underway in two blocks in Assam and West Bengal.  The blocks are located in Purulia and in the Karbi Anglong district of Assam and would be ready for auction within

[ad_1] Tesla will finally start selling its cars in India, with the Maharashtra RTO clearing the way for Elon Musk’s electric vehicle giant to open its first showroom in Mumbai and begin road trials and sales. The Elon Musk-led company is scheduled to inaugurate its first showroom at Bandra Kurla Complex (BKC) in Mumbai on July 15.The Andheri Regional Transport

[ad_1] The Railway Recruitment Board (RRB) is rolling out advanced anti-fraud measures, which include compulsory face recognition and widespread mobile jammer deployment across all its exam centres in India. An official statement said this significant move aims to uphold integrity and ensure fairness by achieving a “zero cheating cases” record in the upcoming June 2025 RRB exams. What does the