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China steps up action against illegal offshore trading by brokers

New Delhi, May 28 (IANS) China has stepped up enforcement against unauthorised overseas stock trading channels as regulators move to tighten oversight of capital outflows amid rising demand from mainland investors for access to global equities, according to multiple reports. The clampdown comes as financial regulators intensify action against platforms facilitating offshore trading outside approved […]

Railways to deploy 200 intercity trains from Kazipet manufacturing unit

New Delhi, May 28 (IANS) The Kazipet rail manufacturing unit of Indian Railways is nearing completion and is expected to become a key production hub for intercity trains aimed at improving short-distance connectivity across the country, the Ministry of Railways said on Thursday. Under the initial plan, the facility will manufacture 200 intercity trains over […]

Centre tells states to speed-up rollout of Jan Vishwas reforms in Legal Metrology

New Delhi, May 28 (IANS) The Centre’s Department of Consumer Affairs held a meeting with the southern states including Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana as well as the Union Territory of Puducherry, to review implementation of reforms introduced under the Legal Metrology Act, 2009 through the, according to an official statement issued […]

Maharashtra’s 1.5 lakh startups, industrial output drive innovation economy: Senior policy maker

New Delhi, May 28 (IANS) Maharashtra is emerging as India’s leading innovation and enterprise hubs, backed by over 1.5 lakh DPIIT-recognised startups, strong industrial infrastructure, and growing investments in technology and entrepreneurship, Dr P Anbalagan, IAS, Principal Secretary, Industries Department, Maharashtra said on Thursday. Maharashtra contributes nearly 14 per cent to India’s GDP and around […]

Deepak Fertilisers clocks 50 pc drop in Q4 profit

Mumbai, May 28 (IANS) Deepak Fertilisers and Petrochemicals Corporation Limited on Thursday reported a 50 per cent decline in fourth-quarter earnings (Q4 FY26) as higher maintenance and efficiency enhancement costs related to its ammonia plant weighed on margins. The company posted a 50 per cent year-on-year fall in consolidated net profit at Rs 139.4 crore […]

Centre fully geared up to boost kharif crop production: Shivraj Chouhan

New Delhi, May 28 (IANS) Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan on Thursday said that the Centre’s preparations for kharif crops are in full swing and ‘Team Agriculture’ is giving top priority to enhancing production for achieving self-reliance in pulses and oilseeds. Addressing a press conference on Kharif Conclave-2026 at Pusa Complex […]