India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.
A senior Geological Survey of India official warns that the Himalayas are vulnerable to cascading disasters, where one high-altitude event can trigger a chain of destructive events downstream, as evidenced by Nepal's recent floods. He stresses the need for integrated monitoring using satellite data and ground investigations to identify high-risk areas and improve preparedness in the Indian Himalayas.
'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.
India is hosting the BRICS summit, leveraging the platform to address global trade tensions and champion the developmental priorities of the Global South, including food, energy, and supply chain security. The summit, attended by leaders like President Xi Jinping and Vladimir Putin, will focus on resilience, innovation, cooperation, and sustainability, with India aiming to strengthen intra-BRICS collaboration and discuss global matters. The expanded BRICS grouping represents a significant portion of the world's population and GDP, making its discussions crucial for global economic stability.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
Foreign portfolio investors (FPIs) turned net sellers in the first week of September, withdrawing Rs 7,443 crore from Indian equities, driven by rising crude oil prices, increasing US bond yields, and a strong dollar.
Prime Minister Narendra Modi, addressing the BRICS summit, called for a fundamental shift in global governance, advocating for the replacement of the current 'pyramid of privilege' with a 'platform of partnership' where the Global South becomes a 'rule shaper' rather than a 'rule follower'.
West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.
In a significant victory against international drug trafficking, India has secured the return of fugitive drug kingpin Virender Singh Basoya from the UAE.
South Korean male professional tennis players face a unique challenge: mandatory military service, which interrupts their careers for 18 months. This article explores how players like Seong-chan Hong, Hyeon Chung, and Soonwoo Kwon adapt to this obligation, with some earning exemptions through sporting achievements while others navigate a return to the professional circuit after their service.
'Improved law and order and transparent governance have helped change UP's investment image.'
Flood insurance claims can be rejected or reduced if homeowners do not understand what their policy actually covers.
'The Atomic Energy Commission has approved the FDI policy and it is going in for ministerial consultations.'
H1N1 influenza cases have seen a recent increase in Delhi and parts of North India. Experts confirm it's a known strain, not more virulent, and advise precautions, especially for high-risk individuals like the elderly, children, and those with chronic illnesses. They stress the importance of rest, hydration, and medical consultation for severe symptoms, while also noting that most cases are mild and self-limiting.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.
US Secretary of State Marco Rubio stated he does not believe India and Iran are pursuing a trade deal, despite a recent meeting between their leaders. He acknowledged that many countries engage with the Iranian regime but reiterated President Trump's warning against helping Iran evade sanctions, threatening penalties for nations that do so.
Tamil Nadu Chief Minister C Joseph Vijay is set to chair a crucial TVK alliance coordination meeting in Chennai. The meeting aims to formalise the ruling coalition's structure, common minimum programme, and joint steering committee. However, the absence of key Left allies and a public rift between TVK and Congress over national leadership aspirations threaten to destabilise the alliance, highlighting a significant test for CM Vijay's political management.
The Gujarat high court on Monday dismissed as withdrawn a plea of former India cricketer and Lok Sabha MP Yusuf Pathan's appeal against a single judge order passed in August last year, calling him an "encroacher" on a piece of government land in Vadodara.
Andhra Pradesh Chief Minister N Chandrababu Naidu has set an ambitious target for district collectors to achieve a 15-20 per cent growth rate, building on the state's 13.4 per cent growth in Q1 FY27, the highest in India.
The Gujarat high court on Monday dismissed as withdrawn a plea of former India cricketer and Lok Sabha MP Yusuf Pathan's appeal against a single judge order passed in August last year, calling him an "encroacher" on a piece of government land in Vadodara.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
Prime Minister Narendra Modi and NDA leaders reviewed India's progress in international sports and significant growth in youth employment opportunities at their weekly parliamentary meeting.
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
'An instruction came from somebody in Delhi saying, "don't go with the launch".'
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
The Civil Aviation Ministry and the DGCA are actively discussing to make psychoactive substance testing standards for all commercial pilots.
'...in which our names are written with our phone numbers.'
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
Putin has issued a stark warning to European nations, declaring that any deployment of troops to Ukraine would be met with 'war with Russia'.
The Sports Ministry has suspended the Table Tennis Federation of India's recognition due to governance issues, including delayed elections, and has directed the Indian Olympic Association to form an ad-hoc committee to manage the sport.
Competition Commission of India (CCI) chairperson Ravneet Kaur has warned that the rapid adoption of artificial intelligence (AI) could intensify anti-competitive practices in digital markets, including self-preferencing, discriminatory pricing, and market manipulation. She highlighted the CCI's ongoing study into AI's impact on competition and stressed the regulator's role in fostering growth while preventing abuse of dominance.
Greco Roman wrestler Deepak has failed a dope test, leading to his withdrawal from the Asian Games contingent. This marks the third doping case for Indian wrestling ahead of the continental event, further reducing India's representation. The National Anti-Doping Agency (NADA) found clomifene in his sample, a prohibited substance. The Wrestling Federation of India (WFI) decided to withdraw him to avoid potential penalties from the world governing body.
Prime Minister Narendra Modi, addressing the SCO summit in Bishkek, called for a united front against terrorism and its financing, rejecting double standards. He emphasised resolving conflicts through dialogue and diplomacy, not battlefields. Modi also highlighted that connectivity projects must respect national sovereignty and territorial integrity, a veiled reference to China's Belt and Road Initiative. India's vision for SCO rests on security, connectivity, and opportunity.
One of the most important provisions this year is that qualifying NEET-PG does not automatically guarantee participation in counselling.
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
