State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.
The Delhi government has approved an ambitious electric vehicle policy that eliminates registration fees and road taxes for EVs priced up to Rs 30 lakh, offers a Rs 1 lakh incentive for purchasing new EVs while scrapping old vehicles, and mandates that only electric two-wheelers can be registered starting April 2028.
The Delhi government has approved the Delhi EV Policy 2.0, which will phase out fresh registrations of internal combustion engine (ICE) two-wheelers and three-wheelers over the next two years, starting with a ban on ICE 3Ws and N1 category LCVs from January 1, 2027, and ICE 2Ws from April 1, 2028.
As Tehran and Washington continue with their engagements following the signing of the MoU earlier this month, sources have told Al Arabiya that the two are set to hold the next round of negotiations in Switzerland on June 28 and 29.
The Finance Ministry's expenditure department has approved a substantial Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, significantly increasing the country's investment in global chip-making ambitions and aiming to establish India as a major semiconductor hub.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
The Congress party has accused Home Minister Amit Shah of launching an "onslaught" on the Opposition and "wrecking" Indian democracy. The party alleges that Shah is enticing elected representatives to join the BJP with significant incentives, a claim echoed by Shiv Sena (UBT) leader Sanjay Raut regarding Maharashtra MPs. This comes amidst reports of defections from other parties like the TMC.
Tamil Nadu Chief Minister C Joseph Vijay honoured Indian Grandmaster R Praggnanandhaa with a Rs 50 lakh cash incentive and played a friendly game of chess with him at the Secretariat, where the young prodigy checkmated the CM. Praggnanandhaa recently made history by becoming the first Indian to win the prestigious Norway Chess title.
ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.
The Meghalaya Football Association (MFA) felicitated state footballers Sanfida Nongrum and Ribansi Jamu for their pivotal roles in India's victory at the SAFF Women's Championship 2026. The players, who contributed significantly to India reclaiming the title, were honoured with cash rewards and recognition, inspiring young girls in the state to pursue football.
India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
'We will give Rs 25,000 to parents having a second child or more at the time of delivery itself.'
Maruti Suzuki Chairman R C Bhargava is pushing for increased government incentives for biogas-powered vehicles over hybrids, emphasising their net-zero carbon emissions and the valuable organic manure they produce, while also advocating for continued GST benefits for electric vehicles.
Tamil Nadu Chief Minister C Joseph Vijay honoured Indian Grandmaster R Praggnanandhaa with a Rs 50 lakh cash incentive for winning the Norway Chess title, making him the first Indian to achieve this feat. The Chief Minister also played a game of chess with the young Grandmaster.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
Amid cross-voting from both ruling and Opposition ranks, the Bharatiya Janata Party-led Mahayuti on Monday swept 16 of the 17 Maharashtra Legislative Council seats from local authorities' constituencies even as Nashik delivered a surprise defeat to the governing bloc.
India's electric vehicle market is experiencing an unprecedented boom with a 37 per cent increase in new entrants, driven by supportive policies and infrastructure.
Andhra Pradesh Chief Minister N Chandrababu Naidu has announced incentives for families to encourage larger families and reverse the state's declining population trend.
The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
Punjab Police have dismantled a significant cross-border drug smuggling cartel, arresting six individuals, including two juveniles, and seizing over 30 kg of heroin. The operation revealed links to a Dubai-based mastermind who exploited young people to distribute drug consignments across Punjab. Investigations are ongoing to trace financial trails and identify further associates.
Three additional vehicle makers and five more auto component makers will begin availing financial incentives under the production-linked incentive (PLI) scheme for the automobile sector from 2026-27 (FY27) onwards, Hanif Qureshi, additional secretary at the Ministry of Heavy Industries (MHI), said on Wednesday.
Tamil Nadu Chief Minister C Joseph Vijay honoured Indian Grandmaster R Praggnanandhaa with a Rs 50 lakh incentive after his historic Norway Chess title win. The Chief Minister also played a friendly game of chess with the 20-year-old Grandmaster, where he was checkmated by the young prodigy.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
Ravichandran Ashwin has called for urgent measures to safeguard Test cricket, stressing the importance of first-class cricket as the pathway to the longest format and warning that young players need stronger incentives to pursue red-ball careers.
CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.
American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant.
Women voters in West Bengal appear to be shifting their priorities beyond financial assistance, placing greater emphasis on governance and accountability, according to post-election analysis. This shift may have contributed to the Trinamool Congress's (TMC) losses in the recent assembly election, as the BJP's promises and other factors influenced voter sentiment.
Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.
In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
'Exploration should be made easier and companies should be given operational flexibility.'
'22 students are fighting over 35,000 seats. In that situation, when someone tells a desperate parent there is a shortcut, and the shortcut costs Rs 3 to Rs 5 lakh versus Rs 1.5 crore -- the maths is seductive.'
Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.
A resident of Pathankot, Punjab, has been arrested for allegedly spying for Pakistan-based handlers, transmitting live feeds of army and paramilitary movements.
Balrampur Chini Mills Ltd anticipates annual revenue of approximately Rs 2,000 crore from its new bio-plastic plant in Uttar Pradesh, scheduled for commissioning in the December quarter. The company is investing over Rs 3,000 crore in the Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum.
Netrasemi, an Indian semiconductor start-up, has announced that its flagship AI chipset, A2000, has achieved silicon bringup and is preparing for commercial production this year. The A2000 SoC, supported by Zoho and the government's DLI programme, will enable smart vision and real-time video analytics for smart cameras and edge AI platforms.
Semiconductor startup C2i Semiconductors announced it has taped out a smart power stage chip designed for artificial intelligence infrastructure, marking a significant milestone for India's ambitions in domestic semiconductor production.
