Business
2024-25: Defence Production hits record Rs 1.51 lakh crore
The annual defence production has achieved a record high of Rs 1,50,590 crore for the Financial Year (FY) 2024-25.
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India marches towards energy self-reliance, but imports crucial
India today imports 80 per cent of its oil and 50 per cent of its natural gas needs. India is now importing oil and gas from as many countries as possible, about 40 countries now, to meet its demand.
India needs adequate valuation mechanism for skilled workers
India is staring at a disconnect between formal education and employability, with policymakers and industry leaders warning that without urgent reforms, the country risks turning its demographic dividend into a liability.
NIBE receives order for Ship-Mounted rocket launching system
Defence manufacturing firm NIBE Limited on Friday announced it has secured an export order from Elbit Systems, for the manufacturing and supply of Ship-Mounted Universal Rocket Launching System from Israel.
Any tariff on pharma will hit India: SBI Research
Imposing tariffs on the pharmaceutical Industry will significantly impact the earnings of Indian pharma companies, as nearly 40 per cent of India's total pharma exports are directed to the US market
Cabinet approves Rs 4,200 cr budgetary support for MERITE scheme
The initiative is aligned with the National Education Policy 2020 and is being launched as a Central Sector Scheme, meaning it will be fully funded and executed by the central government through a central nodal agency.
GeM celebrates 9 years of transforming public procurement
Launched in August 2016, GeM has evolved into a cornerstone of transparent, inclusive and efficient governance, delivering on the Prime Minister's vision of "Minimum Government, Maximum Governance."
Cabinet approves Rs 30,000 crore as compensation to oil companies
The Union Cabinet chaired by Prime Minister Narendra Modi has approved compensation amounting to Rs 30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under- recoveries incurred on sale of domestic LPG.
Cabinet approves continuation of Ujjwala subsidy for 2025-26
To shield PMUY beneficiaries from the impact of sharp fluctuations in international prices of LPG and to make LPG more affordable to PMUY consumers, thereby ensuring sustained usage of LPG by them, the Government started a targeted subsidy of Rs 200 per 14.2 kg cylinder for up to 12 refills per annum (and proportionately prorated for 5 kg connections) to the PMUY consumers in May 2022.
Government withdraws Income-Tax Bill 2025 from LS
"A new version of the Income Tax Bill, incorporating most of the recommendations made by the Select Committee chaired by Shri Baijayant Panda, will be introduced on Monday, August 11," people in the know said.
Trumps 100% tariff likely to shift Taiwanese chipmaking to US
A proposed 100 per cent U.S. tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan's chip production landscape, potentially pulling more of the island's semiconductor operations onto American soil, reports Focus Taiwan.
Nitin Gadkari highlights critical role of construction equipment
Speaking at the Indian Construction Equipment Manufacturers' Association (ICEMA) Annual Session 2025, Gadkari highlighted the industry's resilient 3% growth in FY25, with equipment sales reaching 1,40,191 units and exports growing by 10%.
Food prices largely stable: Centre says actively monitoring
Food commodity prices have largely remained stable and well-contained throughout the current calendar year, Ministry of Consumer Affairs, Food and Public Distribution said in a statement Friday.
SEBI Chairman calls for modernising boardrooms
The way the larger financial markets operate have changed over the years but Boardrooms in India haven't evolved at the same pace, SEBI Chairman Tuhin Kanta Pandey asserted on Friday, suggesting some changes that need to be incorporated as part of day-to-day practice.
Trump’s additional 25% tariff move on India sparks backlash
US President Donald Trump's decision to impose an additional 25 per cent tariff on Indian goods has drawn criticism and concern, even as Industry stakeholders expressed confidence in their long-term resilience.
Top Story
India marches towards energy self-reliance, but imports crucial
India needs adequate valuation mechanism for skilled workers
NIBE receives order for Ship-Mounted rocket launching system
Any tariff on pharma will hit India: SBI Research
Cabinet approves Rs 4,200 cr budgetary support for MERITE scheme
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