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Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth’; says ‘we have to have capital expenditure grow’

Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth’; says ‘we have to have capital expenditure grow’

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India’s foremost priority. She also underlined that the government will continue to rely on increased public capital expenditure as a major tool to drive development.Speaking at a book […]

Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth’; says ‘we have to have capital expenditure grow’ Read More »

‘AI will gobble up most low-hanging jobs of coders’

‘AI will gobble up most low-hanging jobs of coders’

Tech India is witnessing a transformational shift, with its bellwethers currently busy deploying their AI-first strategy to nurture increased human+AI collaborations at their workplaces. This means a few unpleasant things for the software developer community(software): most of the low-hanging, also some of the not so low-hanging coding jobs will go to their AI colleagues; AI

‘AI will gobble up most low-hanging jobs of coders’ Read More »

PM Modi inaugurates, dedicates to nation ₹4,900 crore worth projects in TN

PM Modi inaugurates, dedicates to nation ₹4,900 crore worth projects in TN

Prime Minister Narendra Modi | Photo Credit: PMO Prime Minister Narendra Modi on Saturday inaugurated, laid foundation stones and dedicated projects worth ₹4,900 crore in Tamil Nadu. The projects are related to airport, highways, railways, port and power in Tamil Nadu. The inaugurated projects include a new state-of-the-art Tuticorin airport terminal building, developed at an

PM Modi inaugurates, dedicates to nation ₹4,900 crore worth projects in TN Read More »

Rare earth supply risk: Indian electronics firms worried as Chinese curbs may hit; but can Beijing also afford this?

Rare earth supply risk: Indian electronics firms worried as Chinese curbs may hit; but can Beijing also afford this?

This is an AI-generated image, used for representational purposes only. A number of applicants under India’s Electronics Component Manufacturing Scheme (ECMS) have flagged concerns over meeting their first-year production targets due to ongoing shortages of rare earth minerals. According to ET, at least 10 companies have raised the issue with the ministry of electronics and

Rare earth supply risk: Indian electronics firms worried as Chinese curbs may hit; but can Beijing also afford this? Read More »

Air India pays interim compensation to families of 166 of 260 Ahmedabad-crash victims 

Air India pays interim compensation to families of 166 of 260 Ahmedabad-crash victims 

Families of 166 of the 260 people killed in the Air India aircraft crash in Ahmedabad on June 12, have so far received interim compensation of ₹25 lakh, the airline stated on Saturday evening. Of those who have received the interim payment are 147 of the 229 passengers and 19 persons who perished on the

Air India pays interim compensation to families of 166 of 260 Ahmedabad-crash victims  Read More »

Inflows into MFs increase after banks cut their deposit rates

Inflows into MFs increase after banks cut their deposit rates

Inflows into mutual funds (MFs) have been on a steady uptrend in the wake of banks cutting their fixed deposit rates. MF inflows are expected to gather pace in the coming months as the RBI has ushered in a soft interest rate regime to boost the economy. Leading public and private sector banks, including SBI, HDFC

Inflows into MFs increase after banks cut their deposit rates Read More »

Chemists body expresses concern at state licensing authorities’ inaction on complaints against e-pharmacies

Chemists body expresses concern at state licensing authorities’ inaction on complaints against e-pharmacies

MYSORE, 16/05/2013: Chemists in Mysore are concerned that the new drugs policy will result in fall in trade margins on May 16, 2013. Photo: M.A. Sriram | Photo Credit: SRIRAM MA The All-India Organisation of Chemists and Druggists (AIOCD) has expressed concern regarding “no visible action” taken by the State Licensing Authorities regarding complaints against

Chemists body expresses concern at state licensing authorities’ inaction on complaints against e-pharmacies Read More »

India-US trade deal: Piyush Goyal shares important update; says negotiations ‘making fast progress’

India-US trade deal: Piyush Goyal shares important update; says negotiations ‘making fast progress’

File photo: Commerce and industry minister Piyush Goyal (Picture credit: PTI) Commerce and industry minister Piyush Goyal on Saturday said that discussions with the United States on the proposed bilateral trade agreement are progressing swiftly.Addressing the media, Goyal said that negotiations with Washington are “making fast progress”, as per news agency PTI. India-U.S. Trade Deal:

India-US trade deal: Piyush Goyal shares important update; says negotiations ‘making fast progress’ Read More »

CBS canceling Colbert raises questions about late night

CBS canceling Colbert raises questions about late night

A marquee featuring “The Late Show with Stephen Colbert” is seen outside the Ed Sullivan Theater, where Colbert’s show is produced, in New York City on July 18, 2025. Angela Weiss | AFP | Getty Images There are two schools of thought around CBS’ decision to end “The Late Show with Stephen Colbert.” The first

CBS canceling Colbert raises questions about late night Read More »

India-U.K. free trade agreement ‘game-changing’, every section to benefit, says Piyush Goyal

India-U.K. free trade agreement ‘game-changing’, every section to benefit, says Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal and Secretary of State for Business and Trade, Jonathan Reynolds sign the India-UK Comprehensive Economic and Trade Agreement [CETA], in London. | Photo Credit: ANI Union Minister for Commerce and Industry Piyush Goyal on Saturday (July 26, 2025) termed the India-U.K. free trade agreement as “game-changing” and

India-U.K. free trade agreement ‘game-changing’, every section to benefit, says Piyush Goyal Read More »

China’s Premier takes aim at AI ‘Monopoly’ as US effort quickens

China’s Premier takes aim at AI ‘Monopoly’ as US effort quickens

Chinese Premier Li Qiang speaks during the opening ceremony of World Artificial Intelligence Conference in Shanghai, China, July 26, 2025. REUTERS/Xihao Jiang | Photo Credit: XIHAO JIANG China will spearhead the creation of an international organisation to jointly develop AI, the country’s premier said, seeking to ensure that world-changing technology doesn’t become the province of

China’s Premier takes aim at AI ‘Monopoly’ as US effort quickens Read More »

NASA says thousands of employees set to resign from Space Agency

NASA says thousands of employees set to resign from Space Agency

NASA will lose roughly 3,870 employees through a voluntary resignation program, part of a broad push from President Donald Trump’s administration to reduce the federal workforce. The numbers are subject to change as NASA reviews applications, including if an employee withdraws from the program or a resignation isn’t approved, the US space agency said in

NASA says thousands of employees set to resign from Space Agency Read More »

PSUs Decoded: What makes a CPSE a Maharatna, Navratna or Miniratna?

PSUs Decoded: What makes a CPSE a Maharatna, Navratna or Miniratna?

Why do only a few public sector companies carry statuses like Maharatna, Navratna or Miniratna? Are these titles awarded only to central public sector enterprises? Who grants these titles, and why? What happens when a company is recognised as a Maharatna, a Miniratna, or a Navratna?  This article is aimed at answering all your queries

PSUs Decoded: What makes a CPSE a Maharatna, Navratna or Miniratna? Read More »

Bihar Assembly Polls: CM Nitish Kumar announces Rs 15,000 pension for journalists; spouses to get lifetime benefits

Bihar Assembly Polls: CM Nitish Kumar announces Rs 15,000 pension for journalists; spouses to get lifetime benefits

In a major pre-election announcement, Bihar Chief Minister Nitish Kumar on Saturday declared a significant hike in pension benefits under the ‘Bihar Patrakaar Samman Pension Scheme’ for journalists and their dependent spouses. Taking to social media platform X, Kumar said the monthly pension for all eligible journalists will be increased from Rs 6,000 to Rs

Bihar Assembly Polls: CM Nitish Kumar announces Rs 15,000 pension for journalists; spouses to get lifetime benefits Read More »

Congress MP Rajeev Shukla criticises govt’s decision to ban 25 OTT platforms, websites

Congress MP Rajeev Shukla criticises govt’s decision to ban 25 OTT platforms, websites

Rajeev Shukla, Congress MP | Photo Credit: SHIV KUMAR PUSHPAKAR Congress MP Rajeev Shukla has strongly criticised the government’s recent decision to ban 25 OTT platforms and websites, alleging that the move is an attack on freedom of expression. Shukla claimed that the government’s action is selective and politically motivated, targeting platforms that offer alternative

Congress MP Rajeev Shukla criticises govt’s decision to ban 25 OTT platforms, websites Read More »

PM Modi to inaugurate Rs 4,800 crore development projects during Tamil Nadu visit today

PM Modi to inaugurate Rs 4,800 crore development projects during Tamil Nadu visit today

Prime Minister Narendra Modi is set to visit Tamil Nadu on Saturday, where he will launch and dedicate multiple infrastructure and development projects worth over Rs 4,800 crore. This visit follows his return from official trips to the United Kingdom and the Maldives. The Prime Minister will arrive in Tuticorin and begin his day by

PM Modi to inaugurate Rs 4,800 crore development projects during Tamil Nadu visit today Read More »

NFL to fine players for reselling Super Bowl tickets at a profit

NFL to fine players for reselling Super Bowl tickets at a profit

A detail shot of the Lombardi Trophy next to Kansas City Chiefs and Philadelphia Eagles helmets prior to a news conference on February 03, 2025 in New Orleans, Louisiana ahead of the NFL Super Bowl LIX football game between the Philadelphia Eagles and the Kansas City Chiefs. Kevin Sabitus | Getty Images Sport | Getty

NFL to fine players for reselling Super Bowl tickets at a profit Read More »

The UK-India FTA tilt the balance in favour of patent owner and undermines access to medicines: experts 

The UK-India FTA tilt the balance in favour of patent owner and undermines access to medicines: experts 

The U.K. -India Free Trade Agreement (FTA) provisions on patents tilt the balance in favour of the patent owner and undermines the access to medicines, said experts on Friday at a discussion on the agreement’s implication for access to medicines. Expressing their concerns over provisions in the recently signed agreement that could impact access and

The UK-India FTA tilt the balance in favour of patent owner and undermines access to medicines: experts  Read More »

DLF announces sellout of it’s maiden Mumbai project The Westpark, Andheri in 5 days of launch

DLF announces sellout of it’s maiden Mumbai project The Westpark, Andheri in 5 days of launch

DLF Home Developers Ltd., a 100% subsidiary of India’s largest listed real estate company DLF Ltd. has announced the complete sellout of 416 apartments offered in four residential towers of The Westpark in five days of launch. The project in Andheri West is coming up in a joint development with Trident Realty. This is the

DLF announces sellout of it’s maiden Mumbai project The Westpark, Andheri in 5 days of launch Read More »

Indian brands must adorn the global stage say ITC Chairman Sanjiv Puri

Indian brands must adorn the global stage say ITC Chairman Sanjiv Puri

 India’s consumer market was at the cusp of a profound transformation with per capita incomes expected to exceed $4,000 by 2030, says Sanjiv Puri. | Photo Credit: Ravi Choudhary Indian brands must adorn the global stage and towards that they must establish an enduring legacy in Bharat first, before making an impact overseas, said ITC

Indian brands must adorn the global stage say ITC Chairman Sanjiv Puri Read More »

IVPA suggests calibrated release of mustard stock by government

IVPA suggests calibrated release of mustard stock by government

At the conclusion of its two-day Global Roundtable on edible oil, Indian Vegetable Oil Producers’ Association (IVPA) placed two major policy issues for immediate action by the government – curbing refined oil import via Nepal and reinstatement of standardised pack sizes. IVPA, which is celebrating its Golden Jubilee, said that refined oils from Nepal continue

IVPA suggests calibrated release of mustard stock by government Read More »

US tariffs will not have ‘debilitating’ impact on pharma industry: Cipla global MD & CEO

US tariffs will not have ‘debilitating’ impact on pharma industry: Cipla global MD & CEO

Umang Vohra, Cipla MD and Global CEO As the shadow of US tariffs loom large over the pharmaceutical industry, Cipla’s top executive said, it would have an impact, but that would not necessarily be “debilitating”. “We don’t see a debilitating effect on account of tariffs. We do think that there will be an impact…But it’s

US tariffs will not have ‘debilitating’ impact on pharma industry: Cipla global MD & CEO Read More »

Food vs fuel debate may emerge again, fears edible oil industry

Food vs fuel debate may emerge again, fears edible oil industry

Eddy Martono, Chairman of Indonesian Palm Oil Association (IPOA) The bullish trend in global edible oil prices is likely to trigger a food versus fuel debate soon, said industry leaders at a global edible oil conference on Friday. Industry leaders from India’s largest palm oil trading partner, Indonesia, said while prices will remain stable around

Food vs fuel debate may emerge again, fears edible oil industry Read More »

Auction sales fall 6% in the first half, raising fears for art market

Auction sales fall 6% in the first half, raising fears for art market

Ups and Downs by KAWS, estimated£30000-£50000, on display during a preview at the Phillips showroom in central London, ahead of their forthcoming Evening and Day Editions auction. Picture date: Friday January 17, 2025. (Photo by Ian West/PA Images via Getty Images) Ian West – Pa Images | Pa Images | Getty Images A version of

Auction sales fall 6% in the first half, raising fears for art market Read More »

Sona Comstar AGM row: Company rejects late Sunjay Kapur’s mother Rani Kapur’s deferment plea, cites ‘not on record as shareholder since 2019’

Sona Comstar AGM row: Company rejects late Sunjay Kapur’s mother Rani Kapur’s deferment plea, cites ‘not on record as shareholder since 2019’

Amid a brewing ownership dispute at Sona BLW Precision Forgings (Sona Comstar) following the sudden death of its chairman Sunjay Kapur, the company on Friday said it went ahead with its Annual General Meeting (AGM) in full compliance with legal and regulatory requirements, despite a request for postponement by Rani Kapur, the mother of the

Sona Comstar AGM row: Company rejects late Sunjay Kapur’s mother Rani Kapur’s deferment plea, cites ‘not on record as shareholder since 2019’ Read More »

Sudden deaths caused by health issues, genetic link not Covid vax: JP Nadda

Sudden deaths caused by health issues, genetic link not Covid vax: JP Nadda

  Covid-19 vaccination did not increase the risk of sudden deaths, said Union Health Minister JP Nadda in the Parliament on Friday. Speaking in the Lok Sabha during the ongoing Monsoon session, Nadda noted the role of underlying health issues, as well as genetic links behind the rising unexplained deaths in the country. “Covid-19 vaccination

Sudden deaths caused by health issues, genetic link not Covid vax: JP Nadda Read More »

Pension scheme milestone: Atal Pension Yojana enrolments cross 8 crore mark, adds 39 lakh subscribers in FY26

Pension scheme milestone: Atal Pension Yojana enrolments cross 8 crore mark, adds 39 lakh subscribers in FY26

The Atal Pension Yojana (APY), the Centre’s flagship social security scheme aimed at unorganised sector workers, has surpassed 8 crore total gross enrolments, the Finance Ministry said on Friday. The scheme added 39 lakh new subscribers in the current financial year so far, marking a significant expansion in its outreach.Launched on May 9, 2015, and

Pension scheme milestone: Atal Pension Yojana enrolments cross 8 crore mark, adds 39 lakh subscribers in FY26 Read More »

India’s UK trade deal skips carbon tax exemption, hits steel and aluminium exports: GTRI

India’s UK trade deal skips carbon tax exemption, hits steel and aluminium exports: GTRI

India was unable to secure a carve-out from the UK’s upcoming carbon tax regime under the newly signed Free Trade Agreement (FTA), a shortcoming that could hurt Indian exports of carbon-intensive products such as steel and aluminium from 2027, according to think tank Global Trade Research Initiative (GTRI).The UK government plans to implement its Carbon

India’s UK trade deal skips carbon tax exemption, hits steel and aluminium exports: GTRI Read More »

Narendra Modi becomes 2nd-longest serving Prime Minister of India; breaks Indira Gandhi’s record

Narendra Modi becomes 2nd-longest serving Prime Minister of India; breaks Indira Gandhi’s record

Prime Minister Narendra Modi has achieved another political milestone as he has become the second-largest serving PM of India in consecutive terms after Indira Gandhi. Modi took oath as Prime Minister for the first time on May 26, 2014, and has served a total of 11 years and 60 days in office to date. While

Narendra Modi becomes 2nd-longest serving Prime Minister of India; breaks Indira Gandhi’s record Read More »

Vice Presidential Election: EC appoints Rajya Sabha Secretary General as Returning Officer

Vice Presidential Election: EC appoints Rajya Sabha Secretary General as Returning Officer

The Election Commission of India (ECI) on Friday announced the appointment of Rajya Sabha Secretary General PC Mody as the Returning Officer (RO) for the election to the office of Vice President. “The Election Commission, in consultation with the Ministry of Law and Justice and with the consent of the Deputy Chairman of Rajya Sabha,

Vice Presidential Election: EC appoints Rajya Sabha Secretary General as Returning Officer Read More »

‘Made to sign documents under coercion…’: Late Sunjay Kapur’s mother Rani Kapur writes to Sona Comstar board; calls son’s death ‘sudden and suspicious’

‘Made to sign documents under coercion…’: Late Sunjay Kapur’s mother Rani Kapur writes to Sona Comstar board; calls son’s death ‘sudden and suspicious’

Rani Kapur has described her son late Sunjay Kapur’s passing as “sudden and suspicious”. Rani Kapur, late Sunjay Kapur’s mother, has written to Sona Comstar’s board and shareholders, asking for the company’s AGM to be postponed in the light of her son’s death. She has also raised concerns on the circumstances leading to Sunjay Kapur’s

‘Made to sign documents under coercion…’: Late Sunjay Kapur’s mother Rani Kapur writes to Sona Comstar board; calls son’s death ‘sudden and suspicious’ Read More »

Intel’s foundry future depends on securing a customer for next-gen chipmaking tech

Intel’s foundry future depends on securing a customer for next-gen chipmaking tech

Intel had roughly $100 billion of chipmaking equipment as of June 28 [File] | Photo Credit: REUTERS Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories. New CEO Lip-Bu Tan said on Thursday the

Intel’s foundry future depends on securing a customer for next-gen chipmaking tech Read More »

Paramount and Skydance merger approved by FCC:  billion deal ends months of turmoil

Paramount and Skydance merger approved by FCC: $8 billion deal ends months of turmoil

U.S. Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue. The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around U.S. President Donald Trump’s legal battle with “60 Minutes,” the crown jewel of

Paramount and Skydance merger approved by FCC: $8 billion deal ends months of turmoil Read More »

India-U.K. FTA to stimulate innovation, ease market access, foster investment, says Sunil Bharti Mittal

India-U.K. FTA to stimulate innovation, ease market access, foster investment, says Sunil Bharti Mittal

Prime Minister Narendra Modi shakes hands with his British counterpart Keir Starmer after Britain’s Secretary of State for Business and Trade, Jonathan Reynolds and Union Minister Piyush Goyal signed a free trade agreement, at Chequers Estate, in U.K.. (X/@narendramodi) The India-UK Free Trade Agreement (FTA) signed on Thursday (July 25, 2025) establishes a modern, forward-looking

India-U.K. FTA to stimulate innovation, ease market access, foster investment, says Sunil Bharti Mittal Read More »

AI, IoT, robotics, big data analytics driving shift toward smart factories, says Aveva

AI, IoT, robotics, big data analytics driving shift toward smart factories, says Aveva

Aveva Group Limited. File | Photo Credit: aveva.com As Indian enterprises embrace the fourth industrial revolution (Industry 4.0), industrial intelligence—the convergence of AI, IoT, robotics, and big data analytics—is driving a profound shift toward smart factories, optimised operations, and resilient supply chains, said Aveva, which provides industrial software and is part of the Schneider Electric

AI, IoT, robotics, big data analytics driving shift toward smart factories, says Aveva Read More »

No more beef over beef: Australia to finally take a bite of American meat; ‘we are going to sell so much’ says Donald Trump

No more beef over beef: Australia to finally take a bite of American meat; ‘we are going to sell so much’ says Donald Trump

Australians will be finally biting onto American meet burgers and steaks as Canberra has decided to remove the trade barriers obstructing US meat’s way into the country.US President Donald Trump on Thursday (local time) hailed Australia’s decision to lift a decades-long ban on American beef as a “historic win” and proof that US produce is

No more beef over beef: Australia to finally take a bite of American meat; ‘we are going to sell so much’ says Donald Trump Read More »

‘Confident India will get special treatment…’: Piyush Goyal says trade deal talks with US making ‘fantastic’ progress; ‘important to…’

‘Confident India will get special treatment…’: Piyush Goyal says trade deal talks with US making ‘fantastic’ progress; ‘important to…’

India has hardened its stance on opening its agriculture and dairy sector – a consistent stand in all its trade deals so far. (AI image) India-US trade deal negotiations are making ‘fantastic’ progress according to Commerce Minister Piyush Goyal. His statement comes days ahead of US President Donald Trump’s reciprocal tariff deadline of August 1.

‘Confident India will get special treatment…’: Piyush Goyal says trade deal talks with US making ‘fantastic’ progress; ‘important to…’ Read More »

FCC approves  billion Paramount-Skydance merger

FCC approves $8 billion Paramount-Skydance merger

The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024.  Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount

FCC approves $8 billion Paramount-Skydance merger Read More »

American Airlines 2Q 2025 earnings

American Airlines 2Q 2025 earnings

American Airlines shares slumped close to 10% Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and the airline reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate

American Airlines 2Q 2025 earnings Read More »

8th Pay Commission: What is the fitment factor; how it may impact salary hike of central government employees

8th Pay Commission: What is the fitment factor; how it may impact salary hike of central government employees

8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees

8th Pay Commission: What is the fitment factor; how it may impact salary hike of central government employees Read More »

Microcap stocks defy market: 50 stocks rise over 200% amid selloff; analysts caution over poor earnings, bubble risk

Microcap stocks defy market: 50 stocks rise over 200% amid selloff; analysts caution over poor earnings, bubble risk

Even as benchmark indices have struggled since the September 2024 selloff, a clutch of little-known microcap and penny stocks have delivered blockbuster returns, with at least 50 companies gaining over 200%—and some surging by as much as 5,500%, according to an Economic Times report.Leading the list is RRP Semiconductor, a Maharashtra-based firm whose shares skyrocketed

Microcap stocks defy market: 50 stocks rise over 200% amid selloff; analysts caution over poor earnings, bubble risk Read More »

IRDAI moots internal insurance ombudsman mechanism for complaints in upto ₹50 lakh claims

IRDAI moots internal insurance ombudsman mechanism for complaints in upto ₹50 lakh claims

Insurance regulator IRDAI is proposing an internal ombudsman mechanism in insurance companies to address complaints involving claims up to ₹50 lakh. It will applicable to all insurers, except reinsurers, who have been in operation for more than three years. The objective is to set up an independent and impartial review mechanism within insurers to

IRDAI moots internal insurance ombudsman mechanism for complaints in upto ₹50 lakh claims Read More »

Pass on benefits of import duty cuts in edible to consumers: Minister to industries

Pass on benefits of import duty cuts in edible to consumers: Minister to industries

Employees fill plastic bottles with edible oil at an oil refinery plant in Mundra. File | Photo Credit: REUTERS Union Food Minister Pralhad Joshi has asked edible oil industry to be prompt on passing the benefits of duty reduction on crude edible oils to consumers to ensure that consumers experience a corresponding decrease in retail

Pass on benefits of import duty cuts in edible to consumers: Minister to industries Read More »

UK to provide 1,800 visas annually for yoga instructors, classical musicians and chefs, among others

UK to provide 1,800 visas annually for yoga instructors, classical musicians and chefs, among others

File picture: Professionals deployed on contracts such as architects, engineers, chefs, yoga instructors, and musicians, will benefit from simplified visa procedures and liberalised entry categories, making it easier for talent to work in the UK | Photo Credit: RAO GN The Free Trade Agreement (FTA) between India and the UK will enable India’s professionals to

UK to provide 1,800 visas annually for yoga instructors, classical musicians and chefs, among others Read More »

McDonald’s to test drinks inspired by CosMc’s

McDonald’s to test drinks inspired by CosMc’s

Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing

McDonald’s to test drinks inspired by CosMc’s Read More »

Novo Nordisk-DRL case on semaglutide takes a fresh turn

Novo Nordisk-DRL case on semaglutide takes a fresh turn

The ongoing patent-infringement battle between Novo Nordisk and Dr Reddy’s Laboratories (DRL) over semaglutide, the active ingredient in weight-loss and diabetes drug Wegovy/Ozempic, has taken a fresh turn. The Danish drugmaker is said to have appealed before the division bench of the Delhi High Court to restrain DRL from exporting the product, an Intellectual Property

Novo Nordisk-DRL case on semaglutide takes a fresh turn Read More »

UnitedHealth facing DOJ investigation over Medicare billing

UnitedHealth facing DOJ investigation over Medicare billing

UnitedHealth Group revealed Thursday it is facing Department of Justice investigations over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation’s largest and most powerful private insurer. In a securities filing, the company said that it has started complying with formal criminal and civil requests from the

UnitedHealth facing DOJ investigation over Medicare billing Read More »

Comcast spinoff Versant announces board of directors

Comcast spinoff Versant announces board of directors

Versant signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, July 21, 2025. Michael Nagle | Bloomberg | Getty Images Comcast on Thursday announced the expected board members of its cable networks spinout, Versant. They come from backgrounds in media, technology, finance and other industries, according to

Comcast spinoff Versant announces board of directors Read More »

DoT launches online secure Digital Intelligence Platform to tackle cybercrime and financial frauds

DoT launches online secure Digital Intelligence Platform to tackle cybercrime and financial frauds

DoT has created an online secure Digital Intelligence Platform (DIP) for the exchange of information pertaining to abuse of telecom resources among the stakeholders for cybercrime prevention and financial frauds. Around 620 organisations have been onboarded on DIP, including central security agencies, State/UT Police, I4C, Goods & Service Tax Network (GSTN), Banks, TSPs, etc. MHA’s

DoT launches online secure Digital Intelligence Platform to tackle cybercrime and financial frauds Read More »

Railroad merger buzz: Union Pacific posts .8 billion Q2 profit, Norfolk Southern deal talk lifts stocks

Railroad merger buzz: Union Pacific posts $1.8 billion Q2 profit, Norfolk Southern deal talk lifts stocks

Union Pacific reported a robust second-quarter adjusted profit of $1.8 billion, or $3.03 per share, exceeding Wall Street’s expectations amid ongoing merger speculation with rival Norfolk Southern, the smallest of the six major US freight railroads.The Omaha-based rail giant said its operating revenue grew 2% year-on-year to $6.2 billion. Analysts had expected earnings of $2.91

Railroad merger buzz: Union Pacific posts $1.8 billion Q2 profit, Norfolk Southern deal talk lifts stocks Read More »

Family office deals have fallen in 2025 as investors wait for clarity

Family office deals have fallen in 2025 as investors wait for clarity

Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have

Family office deals have fallen in 2025 as investors wait for clarity Read More »

Tulsi Therapeutics completes pre-clinical trials of stem cell–exosome therapy for liver failure

Tulsi Therapeutics completes pre-clinical trials of stem cell–exosome therapy for liver failure

Tulsi-28x showed reversal of liver fibrosis (indicating liver regeneration) resulting in zero deaths, compared to only 14 per cent reversal and 43 per cent deaths in the untreated control group | Photo Credit: CIPhotos Tulsi Therapeutics, a start-up incubated at ASPIRE-BioNEST at the University of Hyderabad (UoH), has announced the “world’s first successful animal trial’‘

Tulsi Therapeutics completes pre-clinical trials of stem cell–exosome therapy for liver failure Read More »

India-UK trade deal signed: Landmark multi-billion dollar free trade agreement sealed during PM Modi’s visit; all about the FTA

India-UK trade deal signed: Landmark multi-billion dollar free trade agreement sealed during PM Modi’s visit; all about the FTA

India-UK Trade Deal (AI image) India-UK free trade deal: In a historic step, the India-UK free trade agreement (FTA) was signed in the presence of PM Narendra Modi and UK PM Keir Starmer. The trade deal which was agreed upon in May this year, was signed on Thursday during PM Modi’s visit to the United

India-UK trade deal signed: Landmark multi-billion dollar free trade agreement sealed during PM Modi’s visit; all about the FTA Read More »

Nvidia’s senior director of robotics research Dieter Fox joins AI2 non-profit

Nvidia’s senior director of robotics research Dieter Fox joins AI2 non-profit

Dieter Fox had been at Nvidia for almost eight years [File] | Photo Credit: allenai.org Nvidia’s former senior director of robotics research, Dieter Fox, announced this month that after almost eight years with the AI chipmaker, he had joined the Allen Institute for AI non-profit research institute as a senior research director, and was building

Nvidia’s senior director of robotics research Dieter Fox joins AI2 non-profit Read More »

VA TECH Wabag bags ₹2,332 cr sea water desalination plant order in Saudi Arabia

VA TECH Wabag bags ₹2,332 cr sea water desalination plant order in Saudi Arabia

The project encompasses the scope of design, engineering, supply, construction and commissioning of a 300 MLD mega desalination plant. | Photo Credit: iStockphoto VA TECH Wabag, a pure-play water technology company, has been awarded a 300 Million Litres per Day (MLD) Sea Water Reverse Osmosis (SWRO) mega desalination plant at Yanbu, in the Kingdom of

VA TECH Wabag bags ₹2,332 cr sea water desalination plant order in Saudi Arabia Read More »

India’s sports market to grow at 10-12% CAGR by 2030, exports to surge to 0 million in FY26: Report

India’s sports market to grow at 10-12% CAGR by 2030, exports to surge to $660 million in FY26: Report

One of the key drivers behind this growth is the Indian sports equipment manufacturing sector, which is seeing steady expansion. India’s sports market is expected to register a Compound Annual Growth Rate (CAGR) of 10-12 per cent through 2030, supported by government initiatives promoting sports participation and rising interest in fitness, according to a recent

India’s sports market to grow at 10-12% CAGR by 2030, exports to surge to $660 million in FY26: Report Read More »

Southwest Airlines (LUV) 2Q 2025 earnings

Southwest Airlines (LUV) 2Q 2025 earnings

A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 16, 2025. Kevin Carter | Getty Images Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. The airline also

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Chipotle Mexican Grill (CMG) Q2 2025 earnings

Chipotle Mexican Grill (CMG) Q2 2025 earnings

Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single-digit percentage increase. Chipotle trimmed its same-store sales outlook for the second consecutive quarter. But the company said sales trends are turning around. Starting

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Geo-economy alert: RBI warns of rising tariff era; says resilient trade ties vital for India’s global play

Geo-economy alert: RBI warns of rising tariff era; says resilient trade ties vital for India’s global play

India’s efforts to strengthen its global trade ties, including the upcoming free trade agreement (FTA) with the UK, present a timely strategic opportunity amid rising global uncertainties, the Reserve Bank of India (RBI) has said. In its July bulletin released on Wednesday, the central bank noted that building resilient trade partnerships could help India deepen

Geo-economy alert: RBI warns of rising tariff era; says resilient trade ties vital for India’s global play Read More »

Institutional landlords see new competition from an unexpected source

Institutional landlords see new competition from an unexpected source

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. It’s getting harder

Institutional landlords see new competition from an unexpected source Read More »

Natco Pharma to acquire stake in South African firm Adcock Ingram for ₹2,000 crore 

Natco Pharma to acquire stake in South African firm Adcock Ingram for ₹2,000 crore 

Natco Pharma has made an offer to acquire nearly 36% stake in South African pharmaceutical company Adcock Ingram Holdings (AIHL) for $226 million (around ₹2,000 crore). The proposal to acquire the stake from minority shareholders in an all cash deal is a strategic investment aimed at to expanding geographic footprint in South Africa, Natco said

Natco Pharma to acquire stake in South African firm Adcock Ingram for ₹2,000 crore  Read More »

Why cutting capital gains tax on home sales wouldn’t solve housing issues

Why cutting capital gains tax on home sales wouldn’t solve housing issues

A Sold sign in front of a home under construction at the Waterways subdivision in Gulf Shores, Alabama, US, on Friday, Dec. 6, 2024. Micah Green | Bloomberg | Getty Images Real estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald Trump

Why cutting capital gains tax on home sales wouldn’t solve housing issues Read More »

‘Stop saving Fake $’: Rich Dad author Robert Kiyosaki warns of ‘biggest crash in history’; urges investors embrace gold, silver and Bitcoin

‘Stop saving Fake $’: Rich Dad author Robert Kiyosaki warns of ‘biggest crash in history’; urges investors embrace gold, silver and Bitcoin

File photo: Personal finance author Robert Kiyosaki (Picture credit: X/@theRealKiyosaki) Personal finance author Robert Kiyosaki has once again raised alarm over the state of the global financial system, urging investors to abandon fiat currencies and instead turn to real assets like gold, silver, and Bitcoin. In a fresh social media post on X, the Rich

‘Stop saving Fake $’: Rich Dad author Robert Kiyosaki warns of ‘biggest crash in history’; urges investors embrace gold, silver and Bitcoin Read More »

RFK Jr. to remove mercury preservative thimerosal from flu shots

RFK Jr. to remove mercury preservative thimerosal from flu shots

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., speaks with Agriculture Secretary Brooke Rollins and Senator Roger Marshall (R-KS) ahead of a roundtable event as part of the “Make America Healthy Again” (MAHA) agenda, on Capitol Hill in Washington, D.C., U.S., July 15, 2025. Ken Cedeno | Reuters The Department of Health

RFK Jr. to remove mercury preservative thimerosal from flu shots Read More »

Google Play, Android ecosystem generated ₹4 lakh crore in revenue for Indian app publishers in 2024: Google

Google Play, Android ecosystem generated ₹4 lakh crore in revenue for Indian app publishers in 2024: Google

At Google I/O Connect India 2025, Google announced new initiatives and AI capabilities to support the Indian developer and start-up ecosystem in the country. File | Photo Credit: Reuters Google on Wednesday (July 23, 2025) said, based on third-party evaluations, the Google Play and Android ecosystem generated ₹4 lakh crore in revenue for app publishers

Google Play, Android ecosystem generated ₹4 lakh crore in revenue for Indian app publishers in 2024: Google Read More »

Goldman Sachs, BNY introduce money market fund digital tokens

Goldman Sachs, BNY introduce money market fund digital tokens

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized

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Centre will do everything for reconstruction in monsoon-hit Himachal Pradesh: Nitin Gadkari assures JP Nadda

Centre will do everything for reconstruction in monsoon-hit Himachal Pradesh: Nitin Gadkari assures JP Nadda

Union Road Transport and Highways Minister Nitin Gadkari on Wednesday assured Union Health Minister J.P. Nadda that the Centre would do everything for recovery and reconstruction activities in the aftermath of flood, landslides and cloudbursts in Himachal Pradesh. BJP national President Nadda along with Rajya Sabha member Harsh Mahajan met Union Minister Gadkari here and

Centre will do everything for reconstruction in monsoon-hit Himachal Pradesh: Nitin Gadkari assures JP Nadda Read More »

Indian Railways ticketing rules: Emergency quota rules tightened; same-day requests barred

Indian Railways ticketing rules: Emergency quota rules tightened; same-day requests barred

This is an Ai-generated image, used for representational purposes only. The Indian Railways has issued a new circular revising its emergency quota (EQ) guidelines, requiring all requests to be submitted at least a day before travel.The move, aimed at ensuring timely chart preparation and avoiding operational delays, follows recent changes in reservation chart timings and

Indian Railways ticketing rules: Emergency quota rules tightened; same-day requests barred Read More »

India’s multidimensional poverty falls sharply from 29% to 11% in 9 years: Government

India’s multidimensional poverty falls sharply from 29% to 11% in 9 years: Government

Multidimensional poverty in India has seen a significant decline over the past nine years—from 29.17 per cent in 2013-14 to 11.28 per cent in 2022-23—indicating that nearly 24.82 crore people have moved out of poverty, according to data compiled by NITI Aayog. This was shared by Minister of State for Planning Rao Inderjit Singh in

India’s multidimensional poverty falls sharply from 29% to 11% in 9 years: Government Read More »

Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions

Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions

Shipbrokers, vessel operators have become hesitant to engage with Nayara this week. (AI image) European Union’s latest round of sanctions on Russian oil have already begun to hit a refinery in India. Oil companies and vessel operators are distancing themselves from India’s Nayara Energy Ltd., following the European Union’s recent sanctions that specifically targeted the

Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions Read More »

Amazon shuts down Shanghai AI research lab: Report

Amazon shuts down Shanghai AI research lab: Report

Amazon did not immediately respond to a request for comment outside regular business hours [File] | Photo Credit: REUTERS Amazon is shutting down its Shanghai artificial intelligence lab, the Financial Times reported on Wednesday. Reuters could not immediately confirm the report. Amazon did not immediately respond to a request for comment outside regular business hours.

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National Broadcasting Day 2025: Understanding its significance and history

National Broadcasting Day 2025: Understanding its significance and history

National Broadcasting Day 2025: During the independence struggle, the radio was a powerful tool for dispersing information and fostering unity. Post-independence, it has been instrumental in promoting literacy, health awareness, and agricultural knowledge, especially in rural areas. It was on 23rd July, 1927, that the Indian Broadcasting Company came into being, initiating organised and licensed radio

National Broadcasting Day 2025: Understanding its significance and history Read More »

‘Unsustainable levels…’: Pakistan economy drowning in debt with record .7 billion in loans last year; dependency on creditors deepens

‘Unsustainable levels…’: Pakistan economy drowning in debt with record $26.7 billion in loans last year; dependency on creditors deepens

Due to Pakistan’s poor credit rating at junk level, the nation remains excluded from global capital markets. (AI image) Pakistan’s economy is deeply troubled, and its drowning in debt – its dependency on external support increasing every year. Pakistan got a record $26.7 billion in foreign loans in the previous fiscal year – a fact

‘Unsustainable levels…’: Pakistan economy drowning in debt with record $26.7 billion in loans last year; dependency on creditors deepens Read More »

Telangana Rains: Heavy showers lash north, central districts; IMD issues orange alert

Telangana Rains: Heavy showers lash north, central districts; IMD issues orange alert

Telangana Rains: Heavy rainfall battered multiple parts of Telangana over the past 24 hours, inundating low-lying areas, halting vehicular movement, cutting off remote villages, and disrupting coal production in the state. The India Meteorological Department (IMD) has issued an orange alert for several northern and central districts, warning of continued heavy to very heavy rain.

Telangana Rains: Heavy showers lash north, central districts; IMD issues orange alert Read More »

India committed to catalyse change across Global South: NITI Aayog VC

India committed to catalyse change across Global South: NITI Aayog VC

India’s sustained economic growth and inclusive development model position it as an “anchor of stability” at a time when the world is facing economic uncertainty and transformation, Suman Bery, Vice Chairman of NITI Aayog, has said. He was speaking at the ministerial segment of the High-Level Political Forum on Sustainable Development at the United Nations

India committed to catalyse change across Global South: NITI Aayog VC Read More »

UK court awards £700 million to HP in late tycoon’s fraud case

UK court awards £700 million to HP in late tycoon’s fraud case

A UK court ruled in 2022 in favour of the U.S. technology giant, now known as Hewlett Packard Enterprise (HPE), in a civil case linked to the sale of Lynch’s company, Autonomy [File] | Photo Credit: REUTERS A UK court Tuesday awarded £700 million ($946 million) compensation to IT firm Hewlett Packard in a fraud

UK court awards £700 million to HP in late tycoon’s fraud case Read More »

IMD issues red alert in Delhi-NCR due to heavy rainfall

IMD issues red alert in Delhi-NCR due to heavy rainfall

Heavy rainfall pounded several parts of Delhi-NCR on Wednesday morning, throwing life out of gear as office-goers and schoolchildren struggled with traffic jams and widespread waterlogging across the national capital. The downpour brought vehicles to a crawl and disrupted routine movement in many parts of the city. The India Meteorological Department (IMD) had issued a

IMD issues red alert in Delhi-NCR due to heavy rainfall Read More »

Amazon to buy startup focused on AI wearables

Amazon to buy startup focused on AI wearables

Bee was founded in 2022 [File] | Photo Credit: REUTERS Amazon has reached a deal to buy San Francisco-based Bee, a startup making an artificial intelligence-enabled bracelet to listen in on and transcribe conversations. Bee’s $50 wristband can analyse and distill what it records to make summaries, to-do lists or other tasks. Amazon confirmed the

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Paytm swings to profit in Q1, 1st for core business

Paytm swings to profit in Q1, 1st for core business

MUMBAI: Paytm swung to profit in the June quarter after two straight quarters of losses, posting net profits of Rs 123 crore on a consolidated basis as attempts to check costs and streamline operations leveraging AI paid off. This is the company’s first quarter of profit from its core business.The fintech, whose business was impacted

Paytm swings to profit in Q1, 1st for core business Read More »

‘Massive trade deal’: US President Donald Trump announces 15% reciprocal tariffs on Japanese goods; PM Ishiba says ‘need to examine details’

‘Massive trade deal’: US President Donald Trump announces 15% reciprocal tariffs on Japanese goods; PM Ishiba says ‘need to examine details’

US President Donald Trump announced on Tuesday that America has finalised a trade agreement with Japan, which includes a 15 percent American tariff on Japanese imports and a $550 billion investment plan.Earlier, Trump had warned Japan about implementing a 25 percent tariff starting August 1 if negotiations failed. “We just completed a massive Deal with

‘Massive trade deal’: US President Donald Trump announces 15% reciprocal tariffs on Japanese goods; PM Ishiba says ‘need to examine details’ Read More »

Tata Communications to build AI-led network for AWS in India; capital investment at ₹430 crore

Tata Communications to build AI-led network for AWS in India; capital investment at ₹430 crore

Tata Communications on Tuesday (July 22, 2025) said it has partnered with Amazon Web Services (AWS) to deploy an advanced, AI-ready long-distance network across India. The project, which is likely to involve a capital investment of about ₹430 crore from Tata Communications, is expected to be completed by the end of FY26, according to a

Tata Communications to build AI-led network for AWS in India; capital investment at ₹430 crore Read More »

General Motors (GM) earnings Q2 2025

General Motors (GM) earnings Q2 2025

General Motors reported second-quarter earnings Tuesday that beat Wall Street’s estimates and affirmed its full-year guidance, despite ongoing uncertainty from President Donald Trump‘s auto tariffs. Shares of the company fell 8%. While automakers have been hoping for relief on tariffs, Trump’s 25% levies on imported vehicles and many auto parts remain in effect. In May,

General Motors (GM) earnings Q2 2025 Read More »

Kohl’s shares rise amid short interest, Reddit posts

Kohl’s shares rise amid short interest, Reddit posts

A Kohl’s store in Pleasant Hill, California, on Nov. 25, 2024. Bloomberg | Bloomberg | Getty Images Shares of Kohl’s surged Tuesday in volatile trading that echoed the meme stock rallies of recent years. The legacy department store’s stock more than doubled from Monday’s close of $10.42 per share, only to see those gains wiped

Kohl’s shares rise amid short interest, Reddit posts Read More »

Ozzy Osbourne, Black Sabbath’s bat-biting frontman, dies aged 76

Ozzy Osbourne, Black Sabbath’s bat-biting frontman, dies aged 76

Ozzy Osbourne attends a news conference to announce the “Ozzfest Meets Knotfest” music festival at the Hollywood Palladium in Los Angeles, U.S., May 12, 2016. | Photo Credit: File photo Ozzy Osbourne, frontman of 1970s heavy metal band Black Sabbath, earned his infamy biting the head off a bat on stage and pursuing a drug-fuelled

Ozzy Osbourne, Black Sabbath’s bat-biting frontman, dies aged 76 Read More »

GM says EVs are its ‘North Star’ as legacy automaker chases Tesla

GM says EVs are its ‘North Star’ as legacy automaker chases Tesla

The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage”

GM says EVs are its ‘North Star’ as legacy automaker chases Tesla Read More »

US-Philippines trade deal: Trump says Philippines talks ‘concluded’; Manila to pay 19% tariff

US-Philippines trade deal: Trump says Philippines talks ‘concluded’; Manila to pay 19% tariff

US president Donald Trump on Tuesday announced that the Philippines will pay a 19% tariff under a new trade agreement between the two countries.“It was a beautiful visit, and we concluded our trade deal, whereby the Philippines is going open market with the United States and zero tariffs. The Philippines will pay a 19% tariff,”

US-Philippines trade deal: Trump says Philippines talks ‘concluded’; Manila to pay 19% tariff Read More »

Eternal stock soars 10.34% despite plunge in Q1 net profit

Eternal stock soars 10.34% despite plunge in Q1 net profit

Food aggregator Zomato’s parent firm Eternal’s stock price rose 10.34% to ₹299.8 on Tuesday, despite a 90% plunge in Q1FY26 net profit to ₹25 crore. The last time the stock was up the same quantum was on July 26, 2021, three days after it got listed. The stock’s performance assumes significance as among the 993

Eternal stock soars 10.34% despite plunge in Q1 net profit Read More »

Paytm swings to black with Q1 net of ₹122.5 crore

Paytm swings to black with Q1 net of ₹122.5 crore

Financial Services revenue grew 100% YoY to ₹561 crore. | Photo Credit: SAHIBA CHAWDHARY Paytm swung to a net profit of ₹122.5 crore for the quarter ended June 30 from a net loss of ₹840 crore logged in the year-earlier period. Revenue increased 28% to ₹1,917.5 crore. “Contribution profit increased 52% YoY to ₹1,151 crore

Paytm swings to black with Q1 net of ₹122.5 crore Read More »

DRI uncovers Rs 30 crore customs duty fraud in luxury furniture imports

DRI uncovers Rs 30 crore customs duty fraud in luxury furniture imports

The Directorate of Revenue Intelligence (DRI) on Tuesday (July 22) uncovered a large-scale customs fraud involving the import of premium luxury furniture. Acting on specific intelligence, DRI officials carried out searches at several locations, including business premises, warehouses, offices of freight forwarders, customs brokers, and other related entities. The investigation has revealed a well-planned network

DRI uncovers Rs 30 crore customs duty fraud in luxury furniture imports Read More »

MakeMyTrip posts 22% profit growth despite travel headwinds in Q1

MakeMyTrip posts 22% profit growth despite travel headwinds in Q1

BENGALURU: Online travel firm MakeMyTrip reported a 22.6 per cent year-on-year rise in net profit to $25.8 million for the quarter ended June 30, 2025, even as disruptions in May and June dented leisure travel demand. Revenue grew 7.8 per cent in constant currency terms to $268.8 million, supported by gains in bus ticketing and

MakeMyTrip posts 22% profit growth despite travel headwinds in Q1 Read More »

Maize acreage up 15% till July 21, seen heading for a new high as farmers expand area

Maize acreage up 15% till July 21, seen heading for a new high as farmers expand area

As more farmers eye maize crop, the planting of the coarse cereal crop has seen an increase of 15 per cent across the country till the third week of July. Per the Agriculture Ministry data as of July 21, maize has been planted on nearly 71.21 lakh hectares (lh) this year compared to 61.73 lakh

Maize acreage up 15% till July 21, seen heading for a new high as farmers expand area Read More »