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Business
Indian Railways offers an affordable "Round Trip Package" for travel during the...
9 Aug 2025 3:07 PM IST
New Delhi, Aug 9: To avoid rush by ensuring hassle-free ticket booking experience during the upcoming peak festive seasons, the Ministry of Railways on Saturday said that it has decided to formulate a 'Round Trip Package' on discounted fare and rebates benefit.The move will facilitate...
Business
In FY25, India's defense production increases to an all-time high of Rs 1.51...
9 Aug 2025 12:44 PM IST
New Delhi, Aug 9: Defence Minister Rajnath Singh on Saturday said the annual defence production has soared to an all-time high of Rs 1,50,590 crore in FY 2024-25.The milestone represents a robust 18 per cent growth over the previous fiscal's output of Rs 1.27 lakh crore, and a staggering 90...
Business
Indian Railways is improving its system for booking passengers so that it can...
9 Aug 2025 11:23 AM IST
New Delhi, Aug 9: Indian Railways is upgrading the current passenger reservation system to handle over 100,000 tickets per minute from existing 25,000, according to the government.Indian Railways is undertaking complete revamp of passenger reservation system (PRS) through Centre for Railway...
Business
The government withdraws the 2025 Income Tax Bill from the Lok Sabha; a revised...
8 Aug 2025 4:30 PM IST
New Delhi, Aug 8: The Income Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income Tax Act, 1961, has been formally withdrawn, sources said on Friday.A new version of the Income Tax Bill, incorporating most of the recommendations made by the Select...
Business
Budget homes' demand drops as homes priced between Rs 50 lakh and Rs 1 crore...
8 Aug 2025 4:19 PM IST
New Delhi, Aug 8: India’s residential real estate market is witnessing a notable shift in buyer preferences, with the Rs 50 lakh to Rs 1 crore budget segment emerging as the most in demand, accounting for approximately 28 per cent of homebuyers in 2022, rising to 32 per cent in 2023 and...
Business
Investigation into the Air India tragedy is still underway, and this year the...
7 Aug 2025 3:23 PM IST
New Delhi, Aug 7: The investigation into the fatal Air India crash on June 12 in Ahmedabad is ongoing, and the Aircraft Accident Investigation Bureau (AAIB) will examine all the aspects to determine the probable causes and contributory factors leading to the flight AI 171 accident, the...
Business
US President Trump has threatened to impose 100 percent tariffs on electronics...
7 Aug 2025 2:50 PM IST
New Delhi, Aug 7: US President Donald Trump announced plans to impose a 100 per cent tariff on all imported semiconductors and chips in order to strengthen domestic production.“A 100 per cent tariff (will be imposed) on all chips and semiconductors coming into the US. But if you’ve made a...
Business
In India, the cost of a data breach has reached a record Rs 22 crore: Report
7 Aug 2025 2:43 PM IST
New Delhi, Aug 7: The average organisational cost of a data breach in India reached a new high of Rs 220 million (Rs 22 crore) in 2025 -- up 13 per cent (year-on-year), according to a report released on Thursday.The time to identify and contain a breach in India decreased to 263 days, a...
Business
In July, FIIs withdrew $2.9 billion from Indian stocks, with the IT sector...
7 Aug 2025 2:35 PM IST
Mumbai, Aug 7: Foreign institutional investors (FIIs) withdrew the highest amount of money from the IT sector in India during the month of July, worth $2.3 billion, said a report on Thursday.In July, FIIs were net sellers to the tune of $2.9 billion, while DIIs were net buyers to the tune of...
Business
Over the past 11 years, electronics production has increased six times, while...
6 Aug 2025 2:52 PM IST
New Delhi, Aug 6: The production of electronics goods in the country saw six-time growth in the last 11 years -- from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25, as exports surged eight times from Rs 38,000 crore to Rs 3.27 lakh crore in the same period, Parliament was...
Business
RBI Governor: The US tariff hike won't significantly affect India's economy
6 Aug 2025 2:28 PM IST
Mumbai, Aug 6: Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that the US tariff hike will not have any major impact on the Indian economy unless there is a retaliatory tariff.Speaking at a press conference after the monetary policy announcement, the RBI Governor said, "There...
Business
India's CPI inflation is set by the RBI at 3.1 percent for FY26 due to a...
6 Aug 2025 12:19 PM IST
Mumbai, Aug 6: The Reserve Bank of India (RBI) on Wednesday pegged India’s CPI inflation at 3.1 per cent for FY2025-26, as the steady progress of the monsoon and robust kharif sowing are expected to keep food prices in check.RBI Governor Sanjay Malhotra said, “The inflation outlook for 2025-26...
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