Page 12 - Press Trust Of India

Defence ministry begins efforts to join sixth-gen fighter programme: Panel

Parliamentary defence panel asks government to chalk out a roadmap for acquisition of sixth-generation aircraft

Parliamentary panel asks DRDO to set clear, measurable KPIs for projects

Defence committee seeks timelines and benchmarks for cost efficiency, technological maturity and operational effectiveness

US Senate clears Russia sanctions bill with 100% tariffs on India, China

The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 allows Donald Trump to impose 100 per cent tariffs on goods from countries among the top five buyers of Russian oil and gas

Govt-Meta talks turn technical; company outlines measures to curb deepfakes

The Centre asked Meta to strengthen action against deepfakes, CSAM and unlabeled AI content, with regular follow-ups planned to monitor compliance with Indian laws

Sebi approves nine IPOs; Ardee Industries IPO booked 133.66x on Day 3

Sebi streamlined inspections of market intermediaries, cleared nine IPOs, while Ardee Industries' ₹426-crore public issue was subscribed 133.66 times on the final day

Higher gas prices make Veg thali costlier by 4%, non-veg by 9% in July

A home-cooked vegetarian thali cost 4% more in July, while a non-vegetarian meal rose 9% as higher onion, oil, LPG and chicken prices pushed up food costs

Air India pilots seeking command will have to shift to Express first

Under the framework, senior first officers shifting to Air India Express for narrow-body Boeing 737 planes will be given a one-time bonus of Rs 10 lakh

Akasa Air, AI Express say their B737 planes not impacted by FAA directive

Akasa Air and Air India Express said their Boeing 737 fleets are unaffected by the FAA directive requiring inspections for possible fuselage cracks

E20 petrol meets quality norms, say OMCs after nationwide fuel tests

IOC, BPCL and HPCL in a joint statement said the exercise covered the entire supply chain and reaffirmed that fuel quality remained "consistently well within prescribed limits".

India weathered Hormuz disruption without fuel shortages: Puri

India shielded consumers from Strait of Hormuz disruptions by diversifying crude and LPG supplies, expanding refining capacity and boosting domestic production, Puri said

India not in favour of separate BRICS currency: Commerce Min Goyal

India opposes any proposal for a BRICS currency, Commerce Minister Piyush Goyal said, as member states discuss boosting trade, investment and MSME financing

India's forex reserves jump $10.5 bn to $692.87 bn, shows RBI data

India's forex reserves rose $10.51 billion to $692.87 billion in the week ended July 31, led by a sharp increase in foreign currency assets and gold reserves

WB to link industrial incentives with job creation: Industries Min. Roy

West Bengal plans to link industrial incentives to jobs created rather than investment, with a new policy and a Rs 5,000-crore incentive programme expected this month

Private sector investment moving at steady pace: Eco Affairs Secy

Private investment is rising steadily as higher public capex crowds in private capital, Economic Affairs Secretary Anuradha Thakur said, while calling for greater financing and innovation

Technocraft Ventures IPO fully subscribed on Day 1; gets 2.5x subscription

Technocraft Ventures IPO was subscribed 2.59 times on day one, led by QIB and non-institutional demand, with the ₹251.88-crore issue closing on August 11

Rahane joins Amsterdam Flames for inaugural European T20 Premier League

The tournament is scheduled to be played between August 26 to September 20 across Dublin, Ireland, and the Hague, Netherlands.

Olympic medallist Neeraj Chopra joins UBS Athletics Kids Cup as co-owner

The UBS Athletics Kids Cup is one of a grassroots initiatives, designed to introduce children to sports through fun, inclusive and accessible competition.

Sebi streamlines mkt intermediaries' inspection framework, cuts FY27 target

SEBI will cut its FY27 inspections to about one-third of last year's level, relying on joint checks by exchanges and depositories and a more risk-based approach

Titan Q1FY27 results: Net profit soars 62.8% to ₹1,777 cr, sales up 40.31%

Titan Company reported a 63% rise in Q1 FY27 net profit to ₹1,777 crore, with consolidated sales rising 40% to ₹20,787 crore, led by its jewellery business

Hindalco Industries Q1 results: Net profit jumps 75% to ₹7,013 cr

Hindalco Industries on Friday said its consolidated net profit rose over 75 per cent year-on-year to Rs 7,013 crore in the June quarter, driven by increased revenues from aluminium and copper segments