No truth in claims of govt pressure on LIC, says ex-SEBI official
New Delhi, Oct 27 (IANS) Questioning the authenticity of media reports claiming the government “pressured” LIC to invest up to $3.9 billion in the Adani Group, J.N. Gupta, former executive director of the Securities and Exchange Board of India (SEBI), on Monday said that there seemed to be a hidden agenda behind such reports. Speaking […]
SEBI mulls incentives to boost retail participation in debt securities
New Delhi, Oct 27 (IANS) India’s markets regulator, Securities and Exchange Board of India, on Monday proposed incentives for certain categories of retail investors to encourage them to invest in public issues of debt securities. The consultation paper proposed to permit issuers to offer incentives in the form of a higher coupon rate or a […]
India-EU free trade pact to play key role amid US tariff turmoil
New Delhi, Oct 27 (IANS) As the world navigates through shifting trade patterns, geopolitical conflicts, and supply chain disruptions, the proposed India–EU FTA stands out as a framework for equitable growth and strategic collaboration, promising not only to boost trade volumes but also to deepen technological, investment, and institutional linkages between the two dynamic economies, […]
Piyush Goyal in Brussels: India, EU push mutually beneficial FTA negotiations
New Delhi, Oct 27 (IANS) Commerce and Industry Minister Piyush Goyal on Monday met Maros Sefcovic, EU Commissioner for Trade and Economic Security, and discussed the India-EU FTA negotiations which are in the crucial phase. Goyal held high-level discussions with Sefcovic in Brussels, Belgium, as both sides have intensified efforts to conclude a comprehensive, balanced, […]
Gadkari highlights investment potential in India’s maritime sector
Mumbai, Oct 27 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Monday highlighted that India’s maritime sector, valued at nearly $1 trillion (Rs 84 lakh crore), holds immense investment potential in ports, shipping, and logistics. The minister was addressing the India Maritime Week 2025 here, focusing on the theme “Innovative Mechanisms for Ship […]
HD Hyundai chief vows to bolster S. Korea-US shipbuilding cooperation at APEC event
Seoul, Oct 27 (IANS) HD Hyundai Co, South Korea’s leading shipbuilding conglomerate, is committed to playing a key role in the Seoul-Washington partnership aimed at revitalising the U.S. naval and commercial shipbuilding industries, its chairman said on Monday. “We intend to actively participate in the U.S.’ new maritime vision and policies, particularly the initiatives for […]
LTIMindtree secures $100 million multi-year deal with US-based firm
New Delhi, Oct 27 (IANS) Technology consulting firm LTIMindtree on Monday announced a multi-year agreement valued at over $100 million with a leading US-based global manufacturer of chemicals and polymers. LTIMindtree will provide comprehensive IT services, covering core business applications, infrastructure operations, end-user support, software asset governance, and project execution, under the agreement, the statement […]
India’s electronics sector poised for big leap to large-scale production
New Delhi, Oct 27 (IANS) The approval of the first tranche of seven projects worth over Rs 5,500 crore under the Electronics Components Manufacturing Scheme (ECMS), announced by Union Minister Ashwini Vaishnaw on Monday, signals a strong push to deepen India’s electronics value chain. The initiative reflects the government’s focus on building a robust domestic […]
India’s DPI can unlock credit for the next 450 million borrowers
New Delhi, Oct 27 (IANS) India’s Digital Public Infrastructure (DPI) including Aadhaar, Unified Lending Interface (ULI) and Unified Payments Interface (UPI) should be leveraged to provide credit access to 450 million untapped borrowers, a report said on Monday. India’s DPI played a key role in transforming onboarding, underwriting, and collections of the lending process through […]
Strong link between land use and water pollution in Manipur’s Loktak Lake catchment: Nagaland varsity study
Kohima, Oct 27 (IANS) A Nagaland University study has sounded an environmental alert for Manipur’s Loktak Lake, one of India’s most iconic freshwater ecosystems and a designated ‘Ramsar Site’. An official of the central varsity said that the researchers found that changes in land use, particularly agriculture, settlements, and shifting cultivation, are directly deteriorating the […]
