Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.
Researchers at NIT Rourkela have patented a novel hybrid energy-storage system designed to significantly improve the efficiency and lifespan of electric vehicle batteries. This innovation addresses common issues like low power density and thermal stress by integrating supercapacitors with a simplified architecture, making EVs more reliable, especially in urban driving conditions.
The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.
Odisha-based Serendipity Space successfully demonstrated drug crystallisation processes on a satellite prototype in a near-space mission. This breakthrough aims to enable pharmaceutical manufacturing in low Earth orbit, leveraging microgravity to create superior drug crystal structures for enhanced solubility, stability, and effectiveness. The mission tested core technologies, including an autonomous pharmaceutical factory, and was inspired by advancements made on the International Space Station.
Tamil Nadu Chief Minister C Joseph Vijay has announced plans for a new Rs 1,200 crore Assembly-cum-Secretariat integrated complex in Chennai, moving the administration from the historic Fort St George. The modern facility will house all state government departments, addressing space constraints and aiming for efficient governance. Additionally, the CM unveiled plans for a Tamil Nadu Olympic City and a Motor Sports City to boost sports infrastructure and tourism.
India's manufacturing sector experienced a mild recovery in April, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 54.7 from 53.9 in March. However, inflationary pressures intensified, with input costs increasing at the fastest pace since August 2022, largely attributed to the Middle East conflict.
'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'
Several popular rum and whisky brands, including variants of Old Monk Rum and McDowell's No 1, have been prohibited from sale after laboratory tests found their samples did not conform to prescribed standards, primarily due to the addition of artificial flavouring substances.
India's Engineering Research and Development (ER&D) sector is projected to exceed USD 100 billion in revenue by 2030, driven significantly by the integration of Artificial Intelligence (AI) into engineering workflows. This growth, highlighted by Nasscom, positions India as a critical global engineering hub, necessitating focus on talent development and strategic partnerships.
Odisha Police seized approximately 800 litres of chemicals and solvents, along with marijuana and hashish oil, from a vehicle in Malkangiri district, thwarting a hashish oil manufacturing operation.
'With factories starting early for the next season, fresh sugar will enter market 10-15 days earlier than usual, and sugar price are expected to remain affordable in near term.'
Uttar Pradesh Chief Minister Yogi Adityanath surprised social media by delivering a speech in English at the India-Japan Business Conclave, with a video clip of his address quickly spreading online and drawing widespread reactions.
India has exhausted 58.04 per cent of its FY27 fertiliser subsidy budget in under five months, primarily due to a significant surge in global urea prices following the conflict in West Asia, necessitating potential additional government expenditure.
Chief Election Commissioner Gyanesh Kumar has affirmed that Indian electronic voting machines (EVMs) are manufactured by public sector companies and operate without internet, Bluetooth, or Wi-Fi connectivity, ensuring their security and reliability.
Surging growth in sales by companies hasn't translated into higher salaries just yet.
Prime Minister Narendra Modi, addressing the nation from the Red Fort on Independence Day, declared that India is undergoing a rapid transformation across various sectors and is firmly on track to become a developed nation by 2047.
In flood-ravaged Nepal, drones are playing an unprecedented role in disaster response, from airlifting bodies from inaccessible areas to delivering essential supplies and searching for trapped workers. This innovative use of UAVs is transforming humanitarian aid and rescue operations in the challenging Himalayan terrain.
India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.
Police in Baghpat, Uttar Pradesh, have dismantled an illegal arms manufacturing unit and arrested three individuals. The raid yielded a significant cache of firearms, ammunition, and weapon-making tools.
India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.
'It is not economical to operate GSLV-Mk II due to its cost and complexity. Future launches to be managed with LVM3.'
Shares of packaged food company Milky Mist Dairy Food Ltd listed with a premium of nearly 18 per cent against its issue price of Rs 140, reaching a market valuation of Rs 13,968.81 crore.
Seven people have died and 30 others are hospitalised in Gujarat's Bhavnagar district after consuming spurious liquor. Police have detained 12 bootleggers and registered an FIR against 21 individuals. The victims reportedly consumed illicit liquor from duplicate bottles of an IMFL brand, with preliminary investigations suggesting the supply originated from Madhya Pradesh.
Peptide parties are informal, invite-only social gatherings where biohackers, wellness enthusiasts, and fitness influencers meet to discuss, sample, or promote peptide-based products.
In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.
Prices had started to ease following the government's decision to allow duty-free imports of 1 mt of raw sugar and would weaken further over the next 7 to 10 days.
An Air India Airbus A320 experienced a near-simultaneous loss of all three hydraulic systems at 36,000 feet on a Phuket-Delhi flight, injuring 24 people. The pilot-in-command was subsequently terminated after testing positive for banned psychoactive substances, though the AAIB has not linked this to the technical failure.
West Bengal's Urban Development and Municipal Affairs Minister Agnimitra Pal announced that fines for spitting, littering, open defecation, and using single-use plastic bags will be enforced from Tuesday, with penalties ranging from Rs 100 to Rs 200, aiming to change public behaviour rather than generate revenue.
An Air India Airbus A320 experienced a near-simultaneous loss of all three hydraulic systems mid-flight, causing an altitude upset and injuring 24 people. A preliminary investigation revealed the pilot-in-command tested positive for a psychoactive substance post-flight, leading to their termination, while the technical aspects of the incident are still under scrutiny.
A humanoid robot named Lightning, developed by Chinese smartphone maker Honor, has reportedly run 100 meters in 9.32 seconds, surpassing Usain Bolt's human world record.
A spurious liquor tragedy in Gujarat's Bhavnagar district has resulted in eight deaths and left 61 persons affected, with 25 still undergoing treatment. Police have arrested 13 individuals in connection with the incident, which involved methanol-laced alcohol sold under a popular brand name. The State Monitoring Cell is investigating the source and distribution network of the illicit brew.
Aviation regulator DGCA had flagged safety issues concerning Tecnam aircraft over a month before a Tecnam P2006T training aircraft crashed in Kanpur on August 27, killing a trainee pilot and an instructor.
Namrata Karad, founder of Ahikoza by BRHAM, opens up about going from working on a Hugo Boss sales floor to seeing her bags carried by Alia Bhatt, Kareena Kapoor, Kylie Jenner, Khloe Kardashian...
Mahindra Racing is on the verge of achieving its best-ever Teams' championship finish in Formula E as the GEN3 era concludes in London. Propelled by Nyck de Vries' recent victories and Edoardo Mortara's consistent performance, the Indian manufacturer is just one point behind Andretti, aiming for a top-three spot in the season finale.
The US-Canada trade war has escalated sharply, with US President Donald Trump on Monday announcing that tariffs on Canadian cars, trucks, automotive parts and steel imports will be raised to 50 percent from January 2027, following the collapse of trade negotiations between Washington and Ottawa last week.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
