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Fortis says it was complete stranger to Daiichi-Singh Brothers arbitration dispute
Fortis Healthcare has stated that it has no involvement in the dispute between Daiichi Sankyo and the Singh Brothers. The Supreme Court has allowed a forensic audit, affirming that previous observations were tentative. Fortis emphasized there were no penalties or liabilities imposed on them in the High Court's judgment. By March 2018, the Singh Brothers' shareholding in Fortis dropped to below 1%.
It's the right time to invest in India: Swiss luxury watchmaker Baume & Mercier CEO
Swiss luxury watchmakers, particularly Baume & Mercier, are planning significant investments in India due to the India-EFTA trade pact. Despite currency challenges, the company sees strong long-term potential and growth in the Indian market. Indian consumers are increasingly favoring authentic watch designs and automatic features, signaling a shift in preferences. Baume & Mercier's performance has exceeded expectations, driven by its expanding product offerings and local partnerships.
Individual creators are the new content gold for Indias streamers
India's streaming platforms are evolving by embracing individual creators as significant content intellectual properties. These creators bring established audiences and diverse content that meets various viewer interests. Collaborations between streamers and creators reduce risks while enhancing the quality of shows. Platforms like Netflix and Amazon Prime Video are showcasing works from these creators to attract viewers. This approach signals a shift towards more fluid boundaries between digital and mainstream entertainment.
India's 60,000 crore TV business faces a new reality: Fewer viewers, old rules
India's 60,000-crore television broadcasting industry is experiencing regulatory uncertainty due to shifting consumer preferences. Traditional television is losing customers to OTT platforms, forcing broadcasters to seek more commercial flexibility. The decline in active pay-DTH subscribers has raised concerns about revenue and employment in the sector. Key decisions awaited from regulatory bodies include tariff forbearance and renewal of licenses.
The benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholders benefit. For a life insurance savings product, the outcome should be better returns. In general insurance, it should result in better claim ratios. Cost efficiencies should get passed on through lower premiums, or the rate of increase in premiums should be moderated, or returns on savings products should be better than they are today, says Ajay Seth.
Govt, private hospitals likely to be graded on quality & safety
Niti Aayog is developing a national quality framework for public and private hospitals, aligned with international standards, to help patients compare hospitals and improve healthcare quality. The framework will include patient safety, clinical outcomes, readmission rates, medication errors and specialty-specific indicators such as survival and mortality rates.
Holding companies, NBFCs rejig assets, income to escape RBI scrutiny
Groups are restructuring NBFC and holding-company balance sheets to stay outside RBIs regulatory definitions and avoid registration and compliance requirements, sources said. NBFCs are boosting non-financial income, while CICs are changing their asset mix.
Costly Diwali: Appliance makers set to serve up another price shock
Leading manufacturers such as LG, Samsung, and Daikin are raising prices of consumer appliances by 5-10%. This increase is attributed to rising costs of raw materials, including copper, steel, and aluminium. Companies are concerned about the impact on sales growth during the festive season this year. Previously, businesses aimed for minimal price increases to maintain festive demand levels.
Chabahar-Zahedan rail link completed, to boost India's access to Central Asia
Iran has successfully completed the Chabahar-Zahedan rail link, a significant step in improving regional connectivity. This railway infrastructure is key for India, providing crucial access to Afghanistan and Central Asia, both of which are landlocked. The construction includes various stations, tunnels, and bridges, and is set to become operational in three to four months. India is also in talks for management rights over Chabahar Port to enhance trade and transport.
The nationwide bank strike scheduled for September 28-30 has been deferred after IBA and UFBU reached an agreement. The decision offers temporary relief to customers of banks such as SBI & HDFC Bank, while discussions will now focus on a five-day banking week and unresolved issues.
Finance Ministry seeks banks' inputs on AI tools for loan collection, assesses adoption
The finance ministry has sought feedback from banks on their use of AI-driven loan collection tools to assess adoption and customer-protection practices. Most banks are using AI for borrower engagement and repayment, while only a few have implemented conversational AI for collections.
Textiles ministry plans 5,000-10,000 new exporters in 2-3 years
The textiles ministry plans to identify 5,000-10,000 new exporters across districts over the next 2-3 years to boost Indias global textile market share. It is working with states on district-level export roadmaps to turn production centres into export hubs through better infrastructure, market access and support.
The proposed three-day bank strike from September 28 to 30 has been deferred after the IBA and UFBU reached an understanding. SBI and other public sector bank branches are expected to operate normally on Monday, while private banks such as HDFC Bank will remain open.
Clean energy ambition needs grid stability milestones: Report
Indias 500 GW non-fossil capacity target for 2030 needs to be backed by clear grid-stability milestones, a Ficci-Nangia report said. It recommended rules for battery storage above 50 MW, minimum requirements for grid inertia and system strength, and faster identification of transmission corridors and congestion-management technologies.
Manufacturing mutual funds have outperformed their benchmark over the past year, with the top schemes delivering strong returns. But higher returns do not tell the full story. How much volatility did investors take on and did the additional returns come with higher risk?
IFC to lend $70 million to JN Port for first blue financing in maritime sector
JNPA will become the first Indian port to deploy shore power technology at scale commercially. IFC's long-term financing is expected to support the adoption of this emerging technology and demonstrate a replicable financing model that could facilitate similar investments across other ports in the country.
SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.
Sunday banking rush as 250 branches open in Dharwad dist ahead of 3-day strike
A nationwide bank strike from September 28 to September 30 could disrupt cheque clearing and cash transactions as unions demand a five-day workweek. However, many banking services are expected to remain operational, allowing customers to manage funds and pay bills without visiting branches.
A viral video allegedly showing a man urinating inside a crowded train coach has sparked outrage online, with passengers seen confronting him in the footage. The video, shared on X, has drawn criticism over public hygiene and passenger behaviour, while Railway Seva has sought details including the train number, PNR, mobile number and date and time to investigate the incident.
After GST exemption, retail policy base rises 11% for Star Health
Exempting individual health insurance premiums from GST has led to increased policy adoption across various demographics. Star Health reported an 11% rise in retail policy adoption following this tax reform. There has been a substantial increase in the average sum insured on new policies during this period. Consumers aged 26 to 50 made up a significant portion of new policy additions, accounting for over 80 percent.
Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and verifying the report.
Fortis Healthcare confident forensic audit will clear company in share transfer dispute
Fortis Healthcare has expressed confidence that a forensic audit will verify its non-involvement in a share transfer dispute. The Supreme Court's recent ruling allows the audit to proceed while minimizing the influence of previous judgments. Fortis clarified that it was never a party to the arbitration between the Singh Brothers and Daiichi Sankyo.
Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Heres who can submit Form 121, which incomes are covered, what details are required and what the payer must do after receiving it.
While both projects aim to introduce alternative fuels into railway operations, their technologies are different. The hydrogen train uses fuel cells to generate electricity from hydrogen and oxygen, whereas the LNG train uses an internal-combustion engine converted to a dual-fuel LNG-diesel system.
Tamil Nadu Chief Minister S. Joseph Vijay will launch the 'Thaai Maaman Thanga Mothiram Thittam' scheme for newborns in Madurai on September 28, providing 1-gram gold rings to eligible babies delivered in government hospitals, promoting institutional deliveries and maternal health.
Triple shock rattles Indias FMCG basket as 68% of categories lose volume
India's FMCG market is experiencing significant challenges as higher costs and rural income pressures affect consumption patterns, NielsenIQ says. FMCG volumes declined by 2% year-on-year in the second quarter, indicating a widespread slowdown. Urban areas showed minimal growth, while rural volumes fell sharply by 5%. Additionally, modern trade and e-commerce are rising rapidly, thus altering shopping habits among consumers.
Steamhouse India wins Rs 311 crore EPC mandate for 300 TPH steam project in Himachal Pradesh
Steamhouse India Ltd has secured a Rs 311 crore EPC mandate for a 300 TPH common steam and co-generation power plant at the Bulk Drug Park in Una, Himachal Pradesh. The project includes an indicative 30 MW power facility and a 25-year O&M mandate, providing the company with both an EPC opportunity and a long-term recurring revenue stream.
Southern Railway has asked the Tamil Nadu government to relocate 43 TASMAC liquor outlets near railway stations and tracks in Chennai and neighbouring districts, citing safety concerns, trespassing deaths, accidents and passenger complaints. The railway has flagged issues including people entering railway premises, track crossings, disturbances and littering, while TASMAC has said finding suitable alternative locations remains a challenge.
PVUNL inks MoA with ALIMCO for disabled empowerment
Recently, PVUNL and ALIMCO entered into a Memorandum of Agreement to support differently-abled individuals in Patratu. The agreement's goal is to improve the quality of life and self-reliance among those with disabilities. An assessment camp will be held to identify the needs of beneficiaries in neighboring areas, ensuring eligible participants receive tailored assistive devices based on their medical evaluations.
Indias first LNG-powered train is here: Amit Shah flagged off Indias first LNG-powered train in Gujarat and launched railway projects worth more than Rs 1,542 crore at Sabarmati. The projects include a diesel-LNG dual-fuel train, Kavach safety system across 404 km, automatic signalling, a Rs 700 crore WAG-12 locomotive maintenance shed and the Sabarmati-Sarkhej line doubling project.
A mutual funds reported returns may not always match what investors actually earn. The timing of investments and withdrawals can create a significant gap, even when the fund delivers strong long-term performance.
Capacity scale-ups to drive Epigral's Rs 5,000 crore target by FY31: CMD Maulik Patel
Epigral is planning a target revenue of 5000 crore by 2030-31, aided by upcoming production scale-ups in CPVC Resin and Epichlorohyrdin (ECH). The company expects to reach Rs 2,900 crore in revenue this fiscal year following revenue of Rs 2,500-2,530 crore in 2026. Capacity expansions for CPVC Resin and ECH will commence soon, contributing partially this year and more significantly in the next fiscal year.
Irdais distribution overhaul: Will it make insurance cheaper, curb mis-selling?
Irdai has proposed commission caps, tighter expense limits and stronger safeguards against mis-selling. But whether the reforms make insurance cheaper and easier to buy and claim will depend on implementation.
India is well placed to build a deeper semiconductor ecosystem as domestic electronics demand rises, government incentives expand and global supply chains diversify, BCGs Ankush Wadhera said. He expects AI to keep driving demand for GPUs, memory and compute, arguing that current AI-safety debates are speed-breakers rather than barriers to semiconductor growth.
UPI MDR row reaches SC: Plea against merchant charges on payments above 2,000 to be heard on Monday
The Supreme Court will review a petition against the Centre's MDR on UPI transactions over 2,000, which will come into effect on October 15. Full details here.
10 lakh in 3-year Post Office TD vs 5-year TD: Which earns more interest? Check out the calculations
A 10 lakh Post Office Time Deposit earns 7.1% for three years and 7.5% for five years in July-September 2026. Here is how the interest compares and what investors should consider before choosing a tenure.
In a disclosure to the stock exchanges, Fortis said the Supreme Court, in its September 25 order, disposed of the company's Special Leave Petition challenging the Delhi High Court's August 31 order directing a forensic audit of the company in the matter of Daiichi Sankyo Company Limited vs. Malvinder Mohan Singh & Ors.
A 10-15 lakh car budget can buy a new lower-end model or a pre-owned higher-end car. Compare depreciation, loan rates, EMI, maintenance, warranty, insurance and resale value before deciding which offers lower ownership costs.
World Tourism Day 2026 special: 5 common money mistakes Indian tourists should avoid
Planning an international trip requires careful budgeting beyond flights and hotels. Indian travelers should avoid common money mistakes that may ruin their experience. Details here.
Indias consumer durables market may reach Rs 3.25 lakh crore by 2030: BCG-CII report
India's consumer durables market is anticipated to achieve substantial growth, reaching Rs 3-3.25 lakh crore by 2030. Increased household penetration, premiumisation, and higher incomes will contribute to this progress. The localisation of components and materials is expected to improve significantly during this period. However, India's global export share remains low, highlighting the need for enhanced competitiveness.
Money gifted to spouse: Can income earned from it be taxed in your hands? Tax expert explains
Money gifted to a spouse may not be taxable as a gift, but income earned from it can be clubbed with the donors income. Know how spouse clubbing provisions work, including when reinvested income is taxed separately.
ITC expands dairy play in East India, bets on branded milk
ITC is enhancing its Aashirvaad dairy brand in Eastern India to leverage growing market demand. The company aims to convert households from loose to packaged dairy products, especially curd and paneer. ITC's current operations cover Bihar, West Bengal, and Jharkhand with several processing plants.
Six new mutual funds and one Specialized Investment Fund (SIF) are opening for subscription this week, according to ACE MF data. The NFO lineup includes ICICI Prudential Contra Fund, Aditya Birla SL BSE Total Market ETF, Mirae Asset Life Cycle Fund, and Mahindra Manulife's MSIF Equity Long-Short Fund.
A Bengaluru ITAT ruling says foreign salary credited to an Indian NRE account cannot alone make it taxable in India. The taxpayers overseas employment, passport and bank records were considered, while the case was sent back for fresh assessment.
India gets first LNG powered train in Gujarat; check details, technology and more
Amit Shah inaugurated India's first LNG-powered train at Ahmedabad's Sabarmati Railway Station, emphasizing environmental and safety benefits. He mentioned significant investment of Rs 1,472 crore in various railway projects. The minister noted a reduction in diesel consumption by Indian Railways from 293 crore liters to 108 crore liters over several years.
3-Day Bank Strike From Tomorrow: What Banking Services Will Stop And What Will Continue?
Bank Strike September 28-30: Services that require a physical branch or manual processing are likely to be affected during the strike.
Sunday Banking Special: Government Keeps PSBs Open Today to Mitigate Strike Disruptions
If you have urgent financial tasks lined up today, there is a major relief measure in motion. Public Sector Banks (PSBs) and Regional Rural Banks (RRBs) are fully operational today, Sunday, September 27, 2026, following a special directive from the Finance Ministry and approval from the Reserve Bank of India (RBI). This unusual Sunday opening [] The post Sunday Banking Special: Government Keeps PSBs Open Today to Mitigate Strike Disruptions appeared first on Pragativadi I Latest Odisha News in English I Breaking News .
Extended unemployment can pressure savings, prompting some to withdraw from their EPF. Members can only withdraw the full corpus after 12 months of unemployment. Here's what happens if you take out the entire amount but later get a new job.
Renewable Energy India Expo 2026 to unlock Rs 2,800 cr investment in bioenergy sector: IBA
The Renewable Energy India Expo 2026 will take place from October 22 to 24 in Greater Noida, poised to draw over Rs 2,800 crore in investments targeted at the bioenergy sector. Highlighting initiatives like the GOBARdhan National Circular Bioenergy Scheme, which aims to ramp up CBG production significantly by 2036, the event showcases a plethora of exhibitors and cutting-edge technology.
Will your insurance premium get cheaper? Heres what IRDAIs proposed reforms could change
IRDAIs proposed distribution reforms could reduce insurers operating and distribution costs, potentially putting downward pressure on premiums, but they do not guarantee cheaper insurance.
Petronet to pay directors up to 1% of profit as commission
Petronet LNG Ltd has proposed to seek shareholders' approval for paying commissions to directors from FY27 to FY31. This proposal is for a maximum of 1% of annual profits according to the Companies Act, 2013. The company reported a net profit in FY26, with commissioner payments remaining below statutory limits. Akshay Kumar Singh, the CEO, received a commission of Rs 26.5 lakh each in FY26.
World Tourism Day 2026 Special: How much should you budget for your next international holiday?
Planning an international holiday? A 3 lakh budget can cover flights, accommodation, food, visas, insurance, local transport and emergencies for a one-week trip, depending on the destination. Here is how travellers can divide costs and calculate monthly savings.
Ayush services sector growing fast; projected to hit up to USD 318 billion by 2047: Study
The Ayush services sector is projected to reach USD 216-318 billion by 2047 as it continues to expand. This sector reported a 16.91 percent compound annual growth rate since 2022-23 and supported 1.76 million livelihoods. Clinics and day-care centers generated the majority of the sector's revenue, with Ayurveda leading individual systems. The sector's role in Medical Value Travel is also notable with international patients contributing substantially to revenues.
SBI's growth mantra: Digital first, customer first, nation always, says chairman C S Setty
SBI aims to harness digital banking and strengthen customer relationships as part of its growth strategy. The bank's total business could potentially reach Rs 200 lakh crore by 2030 as it celebrates its platinum jubilee. Chairman C S Setty highlighted the importance of customer protection alongside the digital transformation of banking services.
Dhamra Port in Odisha has achieved a milestone by transitioning to fully renewable electricity, aligning with Adani Ports and Special Economic Zone's ambitious Net-Zero strategy. This shift powers over 90 lakh units monthly, significantly cutting emissions. Notably, 25-30% of the energy comes from a hybrid power plant located in Gujarat, enhancing the port's role as a crucial link for mineral-rich areas in eastern India.
Festive shopping gets costlier as brands plan to hike AC, TV and appliance prices from October 1
Consumer electronics and appliance manufacturers in India will increase prices of products by 5-8% starting October 1. The rise in prices is attributed to higher costs of raw materials like copper and steel. Companies including Blue Star and Haier have confirmed these increases ahead of the festive shopping season. Despite the increases, some dealers have inventory stocked at old prices for the upcoming festivals.
Rare Sunday for public- and rural sector-banks: Check if your bank is open or closed today
Public-sector and regional rural banks across the country will open on Sunday, September 27, ahead of a three-day nationwide strike by bank unions. Details here.
Equity mutual funds dropped up to 13% last week as sectoral and thematic offerings led weekly losses, according to ACE MF data. Mirae Asset S&P 500 Top 50 ETF FoF saw the steepest fall of 13.09%, while technology and banking funds also registered negative returns alongside broader market declines.
India's first port-based e-methanol production facility to produce and supply green fuel to ships
Phase I of the project will add 50 tonnes per day of capacity at an investment of Rs 1,200 crore, targeted for completion by January 2027, followed by Phase II, which will add a further 100 tonnes per day at an investment of Rs 1,100 crore, targeted for March 2027 taking the total investment to Rs 2,300 crore.
VFS Global: Helping build the tourism infrastructure for trusted mobility
India's tourism sector is flourishing with a notable surge in tourist arrivals, signaling a significant recovery. VFS Global is instrumental in this growth, aiding travelers by simplifying documentation and using cutting-edge technology to prevent fraud and improve safety. This revitalization not only enhances visitor experiences but also catalyzes local employment and promotes economic sustainability, ultimately offering an optimistic perspective for the future of tourism in India.
Health insurers are using wellness programmes to reward activities such as exercise and healthy habits, but some programmes require policyholders to share data from wearables and health apps. Experts explain what data may be collected, how it can be used and what consumers should check.
The 8th Pay Commission is consulting employee organisations and other stakeholders currently, as the consultative phase continues. NC-JCM has sought a minimum pay of 69,000 and a 3.833 fitment factor, while BPMS wants 72,000 and a 4.0 fitment factor.
Is it golden egg or golgappa? Plates are the new canvas and chefs the new artists
In India, the art of food plating has taken center stage, significantly elevating diners' experiences. Chefs are skillfully weaving storytelling into their culinary creations, engaging patrons on a deeper level. Visual beauty and simplicity of enjoyment are pivotal elements in their artistry, emphasizing rich flavors and ingredient origins. The dining experience has become a captivating multi-sensory affair, fueled by the impact of social media.
FD rules change from 1 October: What depositors should know about bulk deposit rates
RBIs new bulk deposit rules take effect from 1 October 2026, changing how banks disclose and apply interest rates. Large depositors should know the daily rate disclosure requirement, branch-level rate consistency and exceptions linked to liquidity regulations before booking a bulk FD.
Indias next fashion movement could well come from the Northeast
A slew of homegrown labels are blending local craftsmanship and culture with the region's storied fashion sense -- and setting their sights on the mainland.
Faith vs Finance: Sunday banking order triggers row in State
Shillong, Sep 26: A routine order asking Public Sector Banks and Regional Rural Banks to work this Sunday ahead of the three-day nationwide bank strike from September 28-30 has snowballed into a political and religious flashpoint in Meghalaya. On paper, the Ministry of Finance directive is about continuity of financial services. On the ground, in [] The post Faith vs Finance: Sunday banking order triggers row in State first appeared on Highland Post .
Starting October 1, resident individuals and HUFs purchasing properties from non-resident sellers can simplify TDS compliance by using their existing PAN instead of a TAN. Details here.
Banks open today on Sunday: Check if all banks are open or closed today ahead of strike
Banks open today? Public sector banks and Regional Rural Banks are set to be open on Sunday, September 27, 2026. This decision follows the Reserve Bank of Indias request ahead of a three-day bank strike.
Taxpayers facing the September 30 tax-audit deadline should reconcile their books with GST returns, AIS, TIS and Form 26AS, verify TDS/TCS credits and avoid claiming personal expenses as business deductions. Experts recommend completing these checks well before the deadline.
Russia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian crude oil nearly doubled following the outbreak of conflict, reaching 2.25 million barrels per day. The Indian government emphasizes the importance of multiple energy suppliers to maintain affordable energy supply for its population. India is raising concerns about tariffs imposed on Russian oil amid ongoing geopolitical issues.
The biggest threat to your retirement is you
You spent a lifetime preparing for bull and bear markets; the final risk to manage is an empty afternoon.
Retiring with a home loan? Heres when using retirement savings to repay it may make sense
Retiring with a home loan can put pressure on monthly cash flows. Experts explain when using retirement savings for home loan prepayment makes sense, why retirees should preserve an emergency corpus, & how interest rates, tenure, outstanding principal, & future expenses should guide the decision.
Nearly 7 billion litres without a market: Ethanol glut in India fuels search for new buyers
Indias ethanol industry is facing a severe oversupply, with nearly 7 billion litres of capacity without a clear market. Installed capacity has reached about 20 billion litres, while E20 blending needs around 11 billion litres and non-fuel sectors consume another 33.5 billion litres.
Indias luxury car market remains around 1% of passenger vehicle sales, but competition is widening as brands such as Toyota, Kia, MG and BYD enter the premium segment with high-priced models.
Indian fashion designers have debuted at major global fashion weeks, such as London and Milan, this September. These participation opportunities help enhance their international visibility and establish a global presence. Designers like Gursi Singh and Amrita Khanna showcase contemporary labels that attract attention from international buyers and press. The cost and logistics of participating in these fashion weeks can be quite challenging for designers.
Federation of Indian Pilots has requested the civil aviation ministry for formal consideration of its technical submissions. This request pertains to the ongoing investigation into the AI 171 plane crash that occurred in June 2025. The investigation by the Aircraft Accident Investigation Bureau is nearing completion but awaits formal reviews. The submission calls for the Federations involvement as an independent technical participant in the draft report.
Boeing flags 737 MAX software glitch affecting landing navigation feature, WSJ reports
Boeing has recently discovered a software glitch in their 737 MAX airplanes that could potentially lead to the failure of an automated navigation feature when the plane is landing. This issue raises concerns about the safety and reliability of the aircraft during crucial moments of flight, particularly as pilots rely on these systems to ensure a smooth landing.
High gold prices offer jewellers a silver lining this festive season
Silver, once secondary to gold in Indian jewellery, is emerging as a bigger choice this festive season as high gold prices push middle-class buyers towards more affordable alternatives.
Salaries, minimum wage, incentives, insurance for contractual DTC drivers in focus amid strike
Delhi Transport Minister Pankaj Kumar Singh reviewed concerns and demands about salaries, minimum wage, incentives, and insurance raised by contractual drivers working under the DTC's Cluster Bus Scheme. Here's a look:
India to set up first port-based e-methanol facility at Kandla for Rs 2,300 cr
Indias first port-based e-methanol plant will be built at Kandla with an investment of 2,300 crore. The 150-tonne-per-day facility, a joint venture between Deendayal Port Authority and Assam Petro-Chemicals, will produce green fuel using renewable power, water and biogenic CO.
Maharashtra has activated Trigger-1 under its Drought Management Code 2016 to initiate relief measures in drought-affected areas. We take a look at the financial relief measures announced by the state government.
Websol Energy secures 54-acre land in West Bengal for 4GW solar manufacturing plant
Websol Energy System has secured 54 acres in West Bengals Falta Industrial Park to set up a new solar manufacturing facility.
Documentary evidence trumps procedural lapses as tribunal validates cash sales at APMC yard
NSE CEO Ashish Chauhan stated there have been no talks with the government regarding the new Merchant Discount Rate for UPI payments, which he claims is a matter for brokers and clients to resolve. The new MDR framework takes effect on October 15, impacting capital-market transactions.
Diageo India revamps McDowell's No.1 with premium identity
Diageo India is set to transform its iconic whisky brand, McDowell's No 1, by introducing a new formula that incorporates select imported Scotch, fine Indian malts, and top-grade grain spirits. This initiative seeks to elevate the mass-premium whisky segment, appealing directly to today's discerning consumers. Extensive market research has shaped this innovative relaunch, with a fresh packaging that resonates with millennials who prioritize quality and craftsmanship.
Odisha govt to clear pension dues of over 20 lakh beneficiaries by October Here's all we know
The Odisha government is set to clear pension dues of 20.33 lakh beneficiaries covered under the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) by October, state minister Nityananda Gond said.
With passive investing, funds track market indices, reducing the need for individual stock selection. Read more to find out.
8th pay commission: Here's how to apply for official state visits in Mumbai and Bengaluru
The 8th central pay commission (CPC) has announced official meetings and state visits as part of its consultation stage. Since March, the commission has conducted multiple state visits to meet employee representative groups, unions and stakeholders.
The organisation clarified it seeks no advance payments but wants the pending process completed to settle arrears and revised salary payments. It urged expediting the July 2026 Dearness Allowance (DA) declaration, with estimates indicating a rate increasefrom 60% to 64% based on CPI data.
