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Frontier tech can raise manufacturing share to 25% of GDP, says NITI Aayog
Business

Frontier tech can raise manufacturing share to 25% of GDP, says NITI Aayog

Mumbai, Oct 29: Harnessing frontier technologies like AI, Advanced Materials, Digital Twins, and Robotics can help manufacturing contribute over 25 per cent to India’s GDP, creating more than 100 million jobs, and positioning the country among the top three global hubs for advanced...
SEBI plans major changes in mutual fund rules for lower costs, more clarity
Business

SEBI plans major changes in mutual fund rules for lower costs, more clarity

Mumbai, Oct 29: The Securities and Exchange Board of India (SEBI) has proposed major changes to the way mutual funds are managed in the country.The market regulator aims to lower brokerage costs, make fee disclosures clearer, and simplify how investors are charged.In a new consultation paper...
Toll income in India jumps 16% from Jan to Sep amid surge in vehicle flow
Business

Toll income in India jumps 16% from Jan to Sep amid surge in vehicle flow

New Delhi, Oct 28: India’s highway toll revenues grew by nearly 16 per cent (year-on-year) to Rs 49,193 crore in January–September 2025, due to higher vehicle throughput and periodic toll rate revisions, a report said on Tuesday.In the same period, toll-paying traffic volumes rose by 12 per...
RBI returns Jana Small Finance Bank’s proposal for universal banking licence
Business

RBI returns Jana Small Finance Bank’s proposal for universal banking licence

Mumbai, Oct 28: Jana Small Finance Bank (SFB) on Tuesday said that the Reserve Bank of India (RBI) has returned its application to transition into a universal bank, citing non-fulfilment of the required eligibility criteria.The bank had submitted its application earlier this fiscal year (FY26)...
GST reforms fuel India’s consumption, push demand; growth forecast up
Business

GST reforms fuel India’s consumption, push demand; growth forecast up

New Delhi, Oct 27: The rollout of GST 2.0 has started showing a positive impact on India’s economy, with stronger consumption trends, higher sales across key sectors, and improved consumer sentiment, Finance Ministry’s data showed on Monday.The reform, coupled with the festive season, has...
India’s DPI may open credit opportunities for 450 million new borrowers
Business

India’s DPI may open credit opportunities for 450 million new borrowers

New Delhi, Oct 27: India’s Digital Public Infrastructure (DPI) including Aadhaar, Unified Lending Interface (ULI) and Unified Payments Interface (UPI) should be leveraged to provide credit access to 450 million untapped borrowers, a report said on Monday.India's DPI played a key role in...
India fast emerging as global maritime powerhouse, says Amit Shah
Business

India fast emerging as global maritime powerhouse, says Amit Shah

Mumbai, Oct 27: Union Home Minister Amit Shah on Monday said that due to the reforms undertaken by the Modi government in the maritime sector, India is emerging as a powerhouse in the maritime field globally.“Prime Minister Narendra Modi’s maritime vision is based on these three pillars --...
RBI plans to let banks fund corporate acquisitions with tighter safeguards
Business

RBI plans to let banks fund corporate acquisitions with tighter safeguards

Mumbai, Oct 25: The Reserve Bank of India (RBI) has proposed to permit banks to extend loans to Indian companies for acquiring full or controlling stakes in domestic or overseas firms as part of strategic investments aimed at creating long-term value.Only listed companies with a satisfactory...
India to work closely with UN to amplify Global South’s voice, says minister
Business

India to work closely with UN to amplify Global South’s voice, says minister

New Delhi, Oct 25: India will continue to engage constructively with the United Nations (UN) to advance peace, sustainable development and the voice of the Global South, according to Union Minister Manohar Lal.In his address at the 80th United Nations Day celebrations as the chief guest at an...
Apple’s first foldable iPhone expected in 2026, aims to redefine user experience
Business

Apple’s first foldable iPhone expected in 2026, aims to redefine user experience

New Delhi, Oct 25: Apple’s foldable, expected around late 2026, could redefine consumer expectations and push foldables into a new mainstream adoption phase, according to a new report.The biggest structural shift is expected in late 2026, when Apple’s first foldable iPhone is expected to...
Centre approves ₹300 crore for Kerala’s Palakkad Industrial Smart City project
Business

Centre approves ₹300 crore for Kerala’s Palakkad Industrial Smart City project

Thiruvananthapuram Oct 24: The Central government has sanctioned the third instalment of Rs 300.2 crore for the Palakkad Industrial Smart City Project, a key component of the Kochi-Bengaluru Industrial Corridor.The funds have been allocated to the Kerala Industrial Corridor Development...
GST rate cuts spur festive sales, reflect strong market sentiment: FM Sitharaman
Business

GST rate cuts spur festive sales, reflect strong market sentiment: FM Sitharaman

New Delhi, Oct 24: India’s festive retail sales have reached an all-time high this year, highlighting the impact of recent economic policies, including GST rate rationalisation, Union Finance Minister Nirmala Sitharaman said on Friday.Speaking at the inaugural event of the new CGST Bhawan in...
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