Commerce and industry minister Piyush Goyalsaid that clarifications related to SEZ notification, which were flagged by some players, will also be looked at. He also said that govt is committed to making India a manufacturing base for electronics and semiconductors and offered to roll out the red carpet, including creating social infrastructure for Japanese companies
The shift narrowed RBI’s cumulative net sales for the fiscal year to -$14.5 billion and reduced its outstanding forward short position to -$103.3 billion. In the currency futures market, purchases and sales were balanced at $2.9 billion each, leaving zero net outstanding futures. The dollar purchases came as resident Indians increased outward remittances under the
Jana Small Finance Bank has sought a universal banking licence from RBI. RBI returned its initial application in June 2025, leaving the lender open to making a future submission. Jana was among the microfinance lenders that received a specialised banking licence in 2017. It began operations as a small finance bank in March and went
Industrial activity also remained supportive. PMI data showed that firms’ expectations for future output improved, pointing to a positive outlook for demand and new business opportunities. The economy, the article said, “continued to display strength notwithstanding these headwinds”, while retail inflation in Q1:2026-27 reflected limited pass-through of cost pressures and growth remained resilient.
One explanation identified by the study is that strong profitability from assets companies already own does not necessarily make a new investment equally attractive. Its analysis found evidence that the initial returns associated with fresh fixed-asset investment have weakened in the post-pandemic period, putting downward pressure on what the paper calls “marginal profitability”.
Air India needs capital, but the $1.5 billion will be injected in phases, people familiar with the matter said. Co-owner Singapore Airlines will contribute its 25% share. Tata Sons had paused additional equity support in the year to March 2026. Its investment in Air India stood unchanged at Rs 22,618 crore in the FY2026 report,
A Wiltshire couple who built a four-bedroom home for their disabled daughter in 2022 now face a council demolition order following a planning dispute. The property, built on Green Belt land, includes a basement and decking that were not part of the approved plans. The couple have appealed to the Planning Inspectorate, with a decision
Bhagwat is scheduled to address around 5,000 members of the Indian diaspora at the iconic New York venue on August 29. His visit to the United States is part of the Rashtriya Swayamsevak Sangh’s centenary-year global outreach programme. “I don’t support the rally, but I don’t know if the city has any jurisdiction on cancelling
Stars are paying tribute to Dolly Parton, who died Tuesday at 80. Her passing has left a void in music and entertainment circles. Many shared their personal experiences and admiration for her spirit. Her legacy as a songwriter and performer will endure for generations. The world remembers her kindness, generosity, and immense talent.
Appearing for Qazi, whose OCI card cancellation was annulled by a single judge bench of Delhi high court and appeals against which is pending before a division bench, senior advocate Parag Tripathi told the Supreme Court that the 82-year-old medical practitioner had visited India in the past and given his age and that of his
