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Business
In five years, the government will invest Rs 1,481 crore to support the handloom...
26 July 2025 12:15 PM IST
New Delhi, July 26: There are more than 31.45 lakh handloom cottage units functioning in the country, and the government has allocated funds worth Rs 1,516 crore and disbursed Rs 1,480.71 crore to promote the industry during the last five years.Union Textiles Minister Giriraj Singh said in a...
Business
The government signs a Rs 2,000 crore agreement with BEL to purchase Army air...
25 July 2025 4:54 PM IST
New Delhi, July 25: The Ministry of Defence on Friday signed a contract with public sector defence company Bharat Electronics Limited (BEL) for the procurement of Air Defence Fire Control Radars for the Indian Army, worth approximately Rs 2,000 crore, under the Buy (Indian-Indigenously...
Business
Indian stock market ends sharply lower amid overall heavy selling
25 July 2025 4:50 PM IST
Mumbai, July 25: The Indian stock market closed in the negative territory on Friday, with the domestic stock indices declining by up to a per cent amid selling pressure.Sensex closed at 81,463.09, down 721.08 or 0.88 per cent. The 30-share index started the trade in negative territory at...
Business
Future UPI payments must be made in a way that is financially viable: The...
25 July 2025 3:40 PM IST
Mumbai, July 25: The era of completely free digital transactions via the Unified Payments Interface (UPI) may not last forever, RBI Governor Sanjay Malhotra signalled on Friday, adding that the UPI interface should be made financially sustainable in the future.The UPI system is currently free...
Business
During PM Modi's tenure, India's aviation, highways, rail, and maritime...
25 July 2025 3:30 PM IST
New Delhi, July 25: Prime Minister Narendra Modi’s tenure as the second-longest serving premier of India, next only to Jawaharlal Nehru, has witnessed a radical transformation in the country's transport infrastructure across the highways, railways, maritime and civil aviation sectors on the...
Business
According to a top government source, India's natural gas consumption is...
24 July 2025 3:38 PM IST
New Delhi, July 24: Overall natural gas consumption in India is estimated to reach 103 billion cubic meters (bcm) per year by 2030, representing a near 60 per cent increase from current levels, a top government official said here on Thursday.In his address at an event, organised by the Chintan...
Business
Air India receives notices from the DGCA for violating safety regulations; the...
24 July 2025 3:22 PM IST
New Delhi, July 24: The Directorate General of Civil Aviation (DGCA) sent notices to Air India in the last one year for breaching safety standards related to crew fatigue management and training, and the airline said on Thursday it "will respond to the said notices within the stipulated...
Business
ED files FEMA complaint against Myntra for alleged FDI violation worth Rs 1,654...
23 July 2025 4:09 PM IST
New Delhi, July 23: The Enforcement Directorate (ED) on Wednesday said that it has filed a formal complaint against Myntra Designs Private Limited, its related companies, and their directors for alleged violations under the Foreign Exchange Management Act (FEMA), 1999.The action was taken by...
Business
India to be 3rd-largest economy by 2028, to reach $10.6 trillion by 2035: Morgan...
23 July 2025 12:55 PM IST
New Delhi, July 23: A Morgan Stanley report on Wednesday said it expects India’s economy to be the third-largest globally by 2028 and more than double in size to $10.6 trillion by 2035.Embedded in this forecast is the likelihood that three to five states (Maharashtra, Tamil Nadu, Gujarat,...
Business
Completed fuel switch inspections on all Boeing aircraft, no issues found: Air...
22 July 2025 4:04 PM IST
New Delhi, July 22: Air India on Tuesday said it has completed precautionary inspections on the fuel control switch (FCS) locking mechanisms of all Boeing 787 and Boeing 737 aircraft in its fleet.The airline stated that no problems were found during the checks, which were conducted in line...
Business
Govt to ensure country’s interests are protected as India, US negotiate trade...
22 July 2025 3:29 PM IST
New Delhi, July 22: India and US are currently negotiating a bilateral trade agreement (BTA) which has not been signed as yet, as the government takes care of all the sensitivities associated with the free trade agreement (FTA) and ensures that India’s interests are protected, the Parliament...
Business
All passengers and crew safe, says CSMIA after Air India plane overshoots runway
21 July 2025 2:24 PM IST
Mumbai, July 21: The Chhatrapati Shivaji Maharaj International Airport (CSMIA) said on Monday that all passengers and crew are safe, after an incoming Air India aircraft from Kochi experienced a runway excursion at the airport.All passengers and crew in Flight AI 2744 disembarked safely as...
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