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US Midterm elections 2026: Republican have a gaping financial advantage over their Democratic counterparts a disparity that has been a rare bright spot for a party that is bracing for major potential losses amid deep voter frustration over the president's performance, stubbornly high prices and the unpopular war with Iran.
Panel to finalise cancer drugs for 30% trade margin cap; Rs 2,500 crore annual savings possible
An expert group is finalizing the list of cancer medicines for a new trade margin cap. The government plans to implement a 30% cap to reduce drug prices and save patients money. Retail prices of some anti-cancer drugs could drop by up to 70% as a result of this cap. The trade margin rationalisation will apply to all cancer medicines, including branded and generic versions.
Cabinet nod sought to extend power fund for 5 years
The power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund supports essential projects for enhancing the reliability and stability of Indias electricity grid. An allocation of around 1,103 crore has been earmarked for the fund in the union budget for FY27. Reports indicate that India needs enhanced systems to manage its increasing renewable energy capacity.
Centre & states to draft rules for existing arrest cases under GST
The Centre will collaborate with states to create standard procedures for handling arrest cases. Starting April 1, 2027, an invoice management system will be mandatory, minimizing human errors during digital matching. A quarterly review of GST refund risk assessment will also be implemented to maintain consistency across jurisdictions. The proposed changes aim to decriminalize several GST offences and decrease litigation for businesses.
Railways cracks down on brand-linked tenders
The Railway Board has mandated the removal of restrictive conditions in procurement tenders for railway zones. This includes avoiding brand-specific references and adhering to Bureau of Indian Standards marked products. Previous procurement issues had been raised regarding certain items which pointed out flawed practices. The national transporter is expected to spend significant amounts as detailed in the latest budgetary report.
Aditya Birla Sun Life AMC, BGO target $1 billion real estate portfolio
The plan to deploy more capital comes as developers increasingly turn to institutional investors for structured capital amid regulatory changes, sector consolidation and stronger balance sheets among leading players.
Suppliers Tejas, C-DoT claim BSNL equipment meet TRAI standards
Tejas Networks and C-DoT have confirmed that their equipment meets the quality benchmarks set by Trai. Bharat Sanchar Nigam Ltd recently sought relaxed compliance timelines for new quality-of-service norms. The state-owned telecom operator cited challenges related to indigenous sourcing obligations in its request to Trai. Both Tejas Networks and C-DoT emphasized compliance with 3GPP standards in their responses.
IKEA targets 4x revenue growth in India by 2030
The observation comes as the retailer plans to quadruple its revenue in India by 2030, expand its store network to 30 from the current eight and double its investments to Rs 21,000 crore. IKEA, which is recording double-digit sales growth in India, expects to become profitable by 2027-28 if global conditions stabilise, IKEA India CEO Patrik Antoni said.
India draws $351 billion in Greenfield FDI, outpaces China
Speaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors amid a sweeping global realignment. He, however, stressed on sustained focus on infrastructure development, skilling and cost competitiveness for India to further enhance its manufacturing footprint on a global scale.
Cos' body for higher duty on copper used in solar module
The Indian Primary Copper Producers Association has urged the government to raise customs duties on solar copper products. They recommend increasing the duty on solar PV ribbon and busbars from 5% to 10%. The association also requests maintaining existing duties on refined copper and copper pipes. Domestic production is underutilized due to imports from China affecting the market.
Wheat sowing faces heat from water shortage this winter
Farmers in India are likely to reduce wheat planting this winter due to water scarcity and low minimum support prices. Regions such as Rajasthan, Gujarat, and Madhya Pradesh may see the most significant impact from these conditions. The state governments are encouraging farmers to consider crops that require less water, which may lead to a shift in crop choices.
FSSAI may amend laws to make online players more accountable
The regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he said. While platforms often mention a product's shelf life, consumers may not know the actual expiry date or batch number of products before placing an order. The government has been examining complaints accusing quick commerce platforms such as Blinkit, Zepto and Swiggy Instamart of failing to display product information, including expiry, best-before and use-by dates.
Protests, traffic curbs in Delhi hit hotel business
Protests in Delhi are causing significant disruptions, leading to a notable decline in hotel occupancies across the city. Companies have chosen to cancel events and meetings to avoid travel difficulties amid ongoing unrest. Many hotels report F&B sales dropping significantly because of reduced guest activity and restricted access. Some firms have advised their employees to work from home due to traffic curbs and security measures.
Gold price surge boosts diamond jewellery sales 15-20%
With gold jewellery turning increasingly pricier, consumers are looking at diamond-studded pieces in the Rs 10,000-Rs 1 lakh price bracket. Jewellers are using 18-carat, 14-carat and 9-carat gold to make diamond jewellery more accessible, allowing shoppers to buy lighter pieces without compromising on design.
Assocham seeks review of bidders' qualificationfor transmission units
Assocham has suggested that the ministry improve technical qualification requirements for companies involved in transmission projects. This proposal aims to ensure that only experienced developers participate in the bidding process. The current framework allows companies to qualify based on broad infrastructure experience, which may delay project execution. The association recommends that qualifications be tailored to project value, voltage class, and complexity.
GE Aerospace aims to double India sourcing to $400 million in four years
GE Aerospace intends to increase its supply chain investments in India to $400 million annually by 2030. The company aims to expand its procurement from existing suppliers and add new components to its sourcing network. GE Aerospace operates in India for over four decades with key facilities in Pune and Bengaluru. Indian airlines have placed significant orders for aircraft, increasing demand for engines in the coming years.
UK announces 1 billion in new commercial deals with India
The two sides also agreed to exchange data annually on the use of CETA, which came into effect on July 15. The data will cover businesses' claims for lower tariffs and feedback on implementation, beginning a year after the pact comes into force. Communities across the UK and India are set to benefit from over 1 billion in new deals.
IRDAI may allow transition period for insurance fee cap
IRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while maintaining that distribution costs must be aligned with the value delivered to the policyholder, and selling incentives must reward persistency rather than first-year sales.
BJP's caste outreach shapes UP governor picks
Warren Buffetts famous quote about someone enjoying the shade of a tree planted long ago explains why patience and long-term thinking matter. Widely associated with his investment philosophy, the statement highlights how decisions made today can create benefits years later. From building wealth to supporting future generations, the quote offers a simple lesson in planning ahead and allowing consistent efforts to deliver results over time.
EV owners alert! Insurance claims for repairs may cost more than for petrol, diesel cars here's how
Electric car insurance claims cost 14% more on average than comparable petrol and diesel car claims, with average costs rising further during monsoon conditions. Here's why.
Lokesh Says Godavari Districts Poised to Lead APs Blue Economy and MSME Growth
Minister for education, IT and electronics N. Lokesh said the Godavari districts were ready to lead Andhra Pradeshs blue economy and MSME growth.
In a community initiative, Friends of Big Bear Valley have successfully secured over $10 million to acquire the Moon Camp property, ensuring its preservation for nature. This campaign thrived on countless small contributions from local nature lovers, with pivotal support from Greg Brockman and Anna. By safeguarding this area, vital habitats for bald eagles and numerous wildlife species will continue unspoiled, highlighting the strength of united efforts in environmental conservation.
Chatroom: How to reduce demurrage on detained import consignments
TNC Rajagopalan answers SME queries related to GST, export and import matters
A property seller facing a 90.09 lakh income tax penalty after failing to file an ITR has received another chance to appeal. The ITAT condoned the delay and ordered fresh consideration, but did not cancel the penalty or decide the tax dispute.
Will RBIs new measures to support rupee affect overseas investments? Experts explain
The rupee surged 93 paise after the RBI tightened forex rules to curb dollar speculation. Experts explain how the measures could affect returns on US stocks, international mutual funds and ETFs, and what Indian investors should know about currency risk and overseas investments.
Earning 50,000, 1 lakh or 2 lakh a month? Here's how much you could save in 10 years
A consistent monthly investment can help salaried individuals build wealth over 10 years. For those earning 50,000, 1 lakh or 2 lakh a month, the potential corpus depends on how much they invest, the returns they earn and how inflation affects the future purchasing power of their savings.
Four concerts on the Usher and Chris Brown tour have been cancelled shortly before their scheduled dates. The cancellations affect shows in Baltimore, Cincinnati, Columbia, and Indianapolis, raising speculation about Chris Brown's upcoming court appearance. Legal proceedings may relate to these cancellations, although promoters cited the health and well-being of the touring party and crew. Refunds will be issued to ticket holders for the affected events, according to the organisers.
New regulations will allow GST officers to halt vehicles carrying high-value goods only at their origin and destination. Prior authorization from a senior officer will be required for these inspections. The new provisions aim to prevent arbitrary vehicle stoppages in transit states, which have been a concern for businesses. E-way bills and required documents will still be necessary for verifying goods information.
During World War II, American spies came up with an unusual plan to scare Japan using radioactive foxes. The scheme involved secret experiments, glowing animals and an attempt to exploit Japanese folklore. But when one test produced an unexpected result, the bizarre strategy ran into a problem its creators had not anticipated.
During the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to implement these reforms collectively with state administrations to ensure uniformity. A working group will review issues related to input tax credit eligibility and supplier tax payments, aiming to relieve genuine taxpayers. The Bangalore Chamber of Industry and Commerce shared proposals to simplify GST compliance and policies.
Bringing down cost of flying can lead to disruptive aviation growth: Air India executive
Reducing taxes on aviation could make air travel more affordable for average Indians. Air India officials believe this will drive significant growth in passenger traffic. Currently, annual domestic passenger numbers are projected to rise from 340 million to 1.1 billion by 2040. Long-haul flights present a huge market opportunity for Indian carriers, contributing significantly to revenue. Focus on regional connectivity is essential for utilizing airports outside major cities more effectively.
India's poverty rate seen falling to 12.1% by 2028, says World Bank
Poverty reduction to slow despite gains in jobs, consumption, and social transfers
Bonds Cay, a stunning private island in the Bahamas, is now available for sale at $30 million. Initially acquired by stars like Shakira and Roger Waters in 2006, the vision for an exclusive artists' retreat never came to fruition. With its natural charm largely intact, the island presents an exciting opportunity for the next owner to either safeguard its untouched landscape or transform it into a high-end getaway.
Nushrratt Bharuccha has shared a health update after undergoing spine surgery following an accident in Bali. The actress revealed how Shah Rukh Khan and Kajol brought a smile to her face during her hospital stay, sharing a video of herself watching their song Gerua from Dilwale. She also posted a message about finding hope during difficult times as she continues her recovery.
Government allows 5,841 tonnes of sugar export to EU under quota-based duty concession scheme
The quantity of 5,841 MT of sugar to be exported to the EU from India under TRQ (tariff rate quota) for the year 2026-27 (October 2026 to September 2027) has been notified, the Directorate General of Foreign Trade (DGFT) has said in a public notice dated October 9.
40 SpiceJet pilots refuse to fly Q400 aircraft till salary dues cleared, sources say
Around 40 pilots of SpiceJet's Q400 fleet have delayed their flights until unpaid salary dues are settled. This decision has received support from the Airline Pilots' Association of India, which stands with the affected pilots. The pilots claim they have faced ongoing financial and operational challenges, creating a challenging work environment. SpiceJet's operational fleet is dwindling, with most aircraft currently parked.
India's FTAs could add up to $170 bn to GDP by 2035, cushion US tariffs
Bloomberg Economics estimates that India's expanding trade agreements could lift GDP by up to 2.1 per cent by 2035, while stronger exports elsewhere help offset US tariffs
When should you switch your financial advisor? 5 warning signs investors should watch for
A financial advisor should help investors meet their changing financial goals, not simply push new products. Here are five warning signs to watch for, from poor portfolio reviews and unclear recommendations to hidden costs and lack of transparency.
Centre to set up high-level committee within a week to address sugarcane farmers' grievances
Union Agriculture Minister Shivraj Singh Chouhan and Food Minister Pralhad Joshi held detailed discussions at the Pusa campus with a delegation of farmers from the two major sugarcane-growing states. About 80-90 farmers from different organisations attended, along with state ministers.
Festive online sales trail last year by up to 10% as shoppers opt for smaller baskets
The research firm estimates that mobile phones will account for 30% of festive sales this year, compared with 35% last year
India, Czech Republic explore partnership to build 19, 40 and 90-seater aircraft in India
India is set to explore a collaboration with the Czech Republic to manufacture various regional aircraft. The partnership aims to fulfill regional connectivity needs under the UDAN scheme and cater to global markets. Discussions between Indian and Czech officials highlighted combining India's demand for air travel with Czech manufacturing expertise. The focus is on producing 19-seater, 40-seater, and 90-seater aircraft in India.
Stellantis, Tata Motors ink passenger vehicle manufacturing pact for global markets
Stellantis has formed a partnership with Tata Motors Passenger Vehicles for vehicle production in India. This collaboration will leverage Tata's advanced technology and Stellantis' engineering expertise for competitive vehicle development. A new Jeep SUV will be produced based on Tata's Argos platform, further enhancing export potential. The vehicles will be manufactured at the Ranjangaon facility under a joint venture.
India's equity fund inflow rises 30% in September with AUM at Rs 82.64 lakh crore
India's mutual fund equity inflow surged 30.61% to Rs 38,306.55 crore in September, with industry AUM reaching Rs 82.64 lakh crore.
Coal supply to power sector averaged at 2.49 mt per day in October
Rakes loaded to the power sector averaged 469 rakes per day in October
Elon Musk quietly becomes biggest known donor in midterm contests as he tries to save Republicans
The numbers, first reported by the New York Times ahead of this week's federal filing deadline, were confirmed by Andrew Romeo, a spokesperson for Musk's super PAC. The money includes $158 million given to the Senate Leadership Fund, the main super PAC supporting Republican Senate candidates, one of the largest known political donations in American history.
Kerala Congress fires person responsible for post asking CJI Surya Kant to resign
Kerala Pradesh Congress Committee President Sunny Joseph confirmed the removal of an individual responsible for an offensive social media post. This decision followed a lack of consent from the KPCC leadership regarding the controversial remarks against CJI Surya Kant. The KPCC reaffirmed its support for the judiciary's impartiality and clarified that opposing views do not reflect its stance.
If he resigns from his seat, Im ready for: Assam CM Himanta Sarma dares Rahul Gandhi
Indias petroleum product exports help reduce US dollar burn
Indias oil and gas export earnings stood at $42.75 billion, which helped compensate for roughly 26 per cent of the import bill
A nominee helps banks and financial institutions settle investments after an account holders death. But what determines the final ownership of the assets? Full details here.
Kannada romantic family drama Premada Oorali, starring Sriram, Rangayana Raghu and Tapaswini Poonachha, is in its third week in theatres, with reports putting its box-office collection above Rs 50 crore. As more viewers look for details about its digital premiere, Sriram has addressed the buzz surrounding the films OTT release.
Tyler Perry has made a generous $750,000 contribution to help low-income seniors in Atlanta tackle overdue property taxes. This effort is part of Atlantas Anti-Displacement Tax Relief Fund, which aims to support seniors burdened by escalating tax fees. Since its introduction, this initiative has positively impacted numerous elderly homeowners while ensuring they can retain their residences amidst mounting property values.
FM sets five priorities areas for domestic steel cos including decarbonisation, lower import
We must reduce both the energy intensity, says Nirmala Sitharaman
Telecom sector sees 9.19% AGR growth to Rs 88,796 crore, led by Reliance Jio
India's telecom sector reported an adjusted gross revenue of Rs 88,796 crore in the April-June quarter. Reliance Jio dominated the market, accounting for about 44.62% of the revenue share. Overall sector revenues grew by 10.50% year-on-year, reflecting a rise in subscriptions and data usage. The average monthly mobile data usage increased to 28.39 GB per subscriber during this period. Furthermore, the average revenue per wireless user reached Rs 187.
Adani starts Dharavi rehabilitation work on 22-acre Matunga land parcel
Adani Navbharat Developers Pvt Ltd has initiated construction of rehabilitation homes at the 22-acre Matunga railway site. This project will include 10,432 apartments along with commercial and industrial units for eligible Dharavi residents. The first five towers are projected for handover by March 2029, followed by additional towers in 2029 and 2030. A portion of commercial space will be reserved for revenue generation to maintain infrastructure.
Are you 30, 40 or 50? Here's how much retirement savings you may need at your age
Retirement planning must account for inflation and decades of expenses after regular income stops. With 7% annual inflation, someone spending 50,000 a month today could need a retirement corpus of 2.20 crore to 11.95 crore by age 60, depending on their current age and years until retirement.
Uncertainty clouds MDR rollout; NPCI official says no decision communicated
A senior NPCI official said they were unaware of any possible deferment and whether the Supreme Courts direction seeking a short affidavit would have any bearing on the implementation timeline
Uttar Pradesh govt targets 4.8 million tonnes of oilseeds output
Uttar Pradesh targets 4.8 million tonnes of oilseeds output in FY27, backed by 5 million free seed kits and 950 crore in subsidies for seeds and agricultural machinery.
Cotton rebounds on fears of yield drop, improving demand
Farmers seen holding back produce, expecting prices to move up further, says trade
India's EU, UK trade pacts to spur global automakers to set up units: Goyal
Piyush Goyal says calibrated tariff concessions on car imports under India's trade pacts with the EU and UK will help global automakers assess demand and encourage local manufacturing
Aequs, Safran tie up for aircraft components
FISME urges SME Growth Fund aid for MSMEs with SMA-2, NPA loan accounts
FISME wants the 10,000-crore SME Growth Fund to support financially stressed MSMEs with SMA-2 or NPA accounts, provided they have credible plans to revive their businesses
From Digital AI to Physical AI: KPMGs Tech & 6G Vision at IMC 2026
Telcos cant skip AI, even as returns remain uncertain | IMC CEO Ramakrishna P
Aequs Signs Long-Term Aerospace Supply Deals With Safran
Indian precision engineering firm Aequs has signed long-term supply agreements with French aerospace major Safran. These contracts will support Safran's supply chain and expand Aequs' role in manufacturing critical aerospace components, including fully assembled A320 family aircraft wheels and landing gear components for various Airbus and Boeing programmes, with significant in-country value addition in India.
GST officers to focus on widening base, increase cash tax collection
With the GST rates and processes almost stabilising after nine years of the GST rollout, the Centre and states' tax officers have been told to work towards deepening the taxpayer base, increasing cash tax collections, and using intelligence and deeper data analytics to nab evaders, sources said. They said e-invoicing for B2C transactions would come into effect from April 1, 2027, with GST Network providing the support system to states to move towards it. GST officers will act as a facilitator for businesses and tell them the audit benefits of the tax department having granular data. Sources further said that some of the process reforms, including the Rs 10,000 threshold for sending notices, approved by the 57th GST Council meeting, require only changes in rules and could be rolled out sooner. With the economic benefits of last year's GST rate rationalisation showing results, GST officers will now follow a more facilitative approach rather than mandatory compliance to show trust
Delhi HC refuses immediate relief to PepsiCo over manufacturing with 'energy drink' label
The Delhi High Court declined to interfere with a ruling preventing PepsiCo from producing beverages labeled as 'energy drink'. PepsiCo had appealed against a previous order affecting its product line, citing comparable relief granted to another brand. The court required the single judge to provide specific reasons for their decision within a week. Currently, PepsiCo can sell existing stocks but cannot manufacture new products with the contested label.
GE Aerospace to nearly double India sourcing spend by 2030
Expansion backed by local supplier network, manufacturing investments and rising engine demand
IndiGo plans to expand its fleet by acquiring 9 to 10 A321 XLR aircraft by March 2027. This move aims to cater to the increasing demand for medium-haul flights, especially from growing Tier 2 and Tier 3 markets. With four A321 XLRs already in operation, IndiGo is poised for significant expansion. The Indian aviation sector is anticipated to reach staggering heights, projected to handle 1.
Banks seek clarification on RBI forex measures
5000 water bodies in Kolkata illegally filled up for real estate promotion by Mamata: Bengal CM
Digital Desk | Kolkata. Oct 12 (IANS) Around 5,000 water bodies in and around Kolkata were illegally filled up for real estate promotion during the previous Mamata Banerjee-led Trinamool Congress regime in West Bengal, claimed Chief Minister Suvendu Adhikari on Monday. He made this allegation while speaking at a function organised by the Kolkata Municipal Corporation (KMC) on Monday and accused a section of the Trinamool Congress councillors of the now dismantled KMC board of being behind this menace. These councillors were square feet councillors. They were responsible for illegally filling up around 5,000 water bodies in several pockets under the Kolkata Metropolitan Development Authority from Joka and Haridebpur in the southern outskirts of Kolkata to Barasat, and Madhyamgram on the northern outskirts of the city during the previous regime. These square feet councillors have done everything that needed to be done to destroy the environment of Kolkata, he said. Speaking on the occasion, the Chief Minister was in praise of Agnimitra Paul, the state municipal affairs & urban development minister and fashion-designer-turned politician. She is very active. Just as she works from her office, she also hits the streets for field inspections. The people who have done nothing troll her on social media. I have advised her to totally ignore them, the Chief Minister said. Meanwhile, in another back-to-back program, where the Chief Minister handed over appointment letters to 12,000 police constables both in West Bengal Police and Kolkata Police, the Chief Minister said that there will be 9,000 additional recruitments in the police department soon. The police-to-public ratio in Uttar Pradesh is 200 cops for every one lakh of population. I promise that soon West Bengal will surpass Uttar Pradesh both in terms of police personnel and the police-to-public ratio, the Chief Minister said. Speaking on the occasion, he claimed that during the previous regime the police stations in the state were civic-volunteer centric. I do not blame the civic volunteers. They were recruited by the previous administration without following the basic recruitment procedure and without checking their eligibility. No training was arranged for them. They were also exploited, he said. On handing over the appointment letters to 12,000 police constables, CM Adhikari said that these recruitments in the police department were stuck midway because of the flawed Other Backwards Classes (OBC) policy of the previous ruling dispensation. Now we have corrected those flaws, cleared the appointment process, and appointment letters have been handed over to the successful candidates. More will be done in the coming days, the Chief Minister said.
Retail Inflation Rises to 5.54% in September on High Onion Prices
India's retail inflation surged to 5.54 per cent in September, primarily due to a significant increase in onion and other food prices, remaining just within the Reserve Bank of India's tolerance band. This marks the highest inflation since the new series with base year 2024 took effect in January.
Volvo Cars plans to raise India prices as rising input, logistics costs hit automakers
Volvo Cars India is facing significant challenges from rising input and logistics costs, which may lead to price increases. The company's Managing Director Jyoti Malhotra highlighted that shipping and turnaround times are particularly problematic. Volvo intends to roll out a new electric vehicle every year to enhance its market presence. Currently, Volvo offers four vehicles in India, with two being electric cars.
Microsoft CEO Satya Nadella has issued a warning about the risks of trusting advanced AI systems without strong safeguards. His concerns come after an earlier series of incidents involving ChatGPT, Claude and other AI models, from attempts to evade shutdown to unauthorised actions on real websites. Here are five cases that reveal why AI safety is becoming an urgent concern.
Amit Shah to host 1st BIMSTEC meet
From pharma to Scotch whisky, UK has huge export potential in India: Commerce Minister Piyush Goyal
Speaking at the India-UK JETCO Business Plenary on Monday, Goyal highlighted the complementary nature of the two economies and stressed the need to strengthen economic partnerships to unlock new growth opportunities.
FundsIndias October 2026 report compares 20-year returns across asset classes. 1 lakh invested in gold grew to 14.6 lakh, compared with 8 lakh in Indian equities, 4.3 lakh in debt and 4.2 lakh in real estate, highlighting golds stronger performance over the period.
Air India Express sees scope for smaller aircraft to connect tier-3 cities
Underused airport capacity and, regional demand offer room for expansion beyond major hubs
2026 Nobel Prize in Economics awarded to Robert Hall and Michael Woodford
Robert E. Hall and Michael Woodford won the 2026 Nobel in Economics for building models that aid economic policy decisions during booms and recessions.
In a heartwarming revelation, Queen Camilla discussed her shared reading moments with King Charles III, where his laughter frequently disrupts the tranquility. They value this time together before dinner, despite their contrasting literary tastes. Through her efforts to encourage reading across Britain, especially during the challenges of the COVID-19 pandemic, she founded the Queen's Reading Room charity. An impending BBC documentary will illuminate reading's essential role in shaping meaningful memories.
Zubin Karkaria says VFS Global may launch Study in India product to attract international students
India is experiencing significant growth in its Travel and Tourism sector, driven by a rapid economy. The World Travel and Tourism Council recently discussed India's potential for global tourism leadership. Key industry leaders highlighted the importance of showcasing India's diverse states and attracting international students. Minister Gajendra Shekhawat emphasized the government's focus on promoting tourism alongside trade and technology.
Noida to expand by 20,000 hectares under 'New Noida' development plan
The Uttar Pradesh government plans to develop New Noida over 20,000 hectares, targeting 500,000-600,000 jobs by 2030, with a focus on industrial growth and connectivity
Shivraj asks 100 PMDDKY districts to show visible results in FY27
Due to poor implementation and non-fixing of accountability of the nodal officers appointed under the PMDDKY Scheme, several districts are reporting low scores
FPOs prospects linked to expertise of third parties, says study
The study agreed with critics point of view that many of the FPOs exist on paper or are hardly in a position to carry out business, or even provide very basic services to member farmers
Rice, maize and cereal acreage declines warrant monitoring: Report
El Nino-related monsoon risks and rainfall deficits could impact agricultural production, food supply chains, business costs, and inflation in India, says D&B report
CreditAccess Grameen raises $175 million via syndicated social loan
The microfinance lender secured funding from 10 financial institutions across Asia, the Middle East and Africa to diversify borrowing sources and optimise funding costs.
India-UK JETCO meet focuses on FTA gains as British firms announce 1 billion new deals
Goyal says European carmakers are likely to shift production to India to stay competitive
iOS 27 brings new Siri features to Indian apps, but how useful are they? We asked the developers
Apples iOS 27 is bringing new Siri AI and visual intelligence features to Indian apps, including Mood Dial, Glance, Signeasy, Noteshelf and District. The integrations aim to simplify tasks such as music discovery, shopping, document management, note-taking and event bookings. While Glance reports that Siri drives nearly one-third of its chat interactions on iOS, adoption varies across apps. Their long-term success will depend on whether these features prove useful in everyday life.
Tamil Nadu eyes $1.5 trillion economy by 2036, bets on six cities beyond Chennai
A new Credai Tamil Nadu-JLL report calls for advance approvals, faster land development and coordinated infrastructure to accelerate urban growth across the State
CreditAccess Grameen to raise $175 million overseas loans from DBS, Standard Chartered and others
CreditAccess Grameen is in the process of securing a $175 million loan from several international lenders. This funding will help enhance the company's liability profile and is essential for financial management. The company intends to raise a significant portion of its annual borrowing requirements through external commercial borrowings. Financial officials noted that current hedging costs are rising but manageable overall.
