Page 11 - Latest News

Centre amends rules, permits deployment of private teachers for Census duty

Census Rules amended after high courts stayed orders requisitioning teachers from aided and unaided private schools for the exercise

AI risks may outweigh benefits without safeguards, warns IMF chief

IMF chief Kristalina Georgieva warned that AI risks could outweigh its benefits without safeguards and an ethical framework, while Anthropic backed common-sense standards

Mutual funds halt fresh investments in gold FoFs amid rupee pressure

Fund houses have stopped fresh lump-sum investments and new SIP, STP and switch registrations in gold FoFs from Friday, while existing transactions and investments in gold ETFs remain open

India yet to integrate environment with development planning: Nitin Desai

TERI's Nitin Desai says environmental concerns have limited influence over development policies, while experts flag climate finance challenges and weakening global cooperation.

Fed Chair Warsh stresses price stability, offers no signals on rate outlook

The US central bank raised its key rate by 25 basis points in September, defying US President Donald Trump's calls for cuts, as persistent inflation keeps further tightening on the table

Some parts of India facing overlap of floods and droughts: IIT study

IIT Roorkee researchers find a growing concentration of districts vulnerable to both floods and droughts, with multi-hazard hotspots emerging across northern and eastern India

Stalin's Apostles: The untold story of the Soviet Empire's British spies

The choice of title is, presumably, a play on the Cambridge Apostles, the "self-consciously academic elite" society that became fertile recruiting for Soviet intelligence in the inter-war years

In-kind welfare transfers helped 220 mn in 2022-23; Bengal top beneficiary

An NSO study finds that in-kind welfare transfers helped 15.8 per cent of Indians move into higher consumption classes, with West Bengal recording the highest share among major states

Federal Bank net profit surges 45% to record ₹1,386 crore on higher NII

The private sector lender reported a 26.4% rise in net interest income, a 26-basis-point expansion in margins and improved asset quality, with gross advances crossing Rs 3 trillion

India says cheese

These makers are translating, not copying, the western varieties. One Chennai cheesemaker coats cheddar with milagai podi, a South Indian chilli-and-lentil powder

Humble feni's second coming: Can Goans turn it into the next tequila?

Feni has started making inroads into foreign markets. Several brands are being exported to the UK, Canada, Australia, Taiwan and Japan

ONGC weighs standalone, joint venture models for new greenfield refinery

The state-run oil major is evaluating standalone, subsidiary and foreign partnership models for its proposed refinery, with capacity, investment and location yet to be finalised

Supreme Court to examine if court fees without upper limit amount to tax

The Supreme Court will examine whether uncapped ad valorem court fees amount to taxation while hearing a plea challenging Kerala's 2025 court fee hikes and the absence of a ceiling

Growth moderation, valuation headwinds ahead for Nestle despite strong Q2

Nestle posted 20% revenue growth and improved margins in Q2FY27, but concerns over slowing growth, input costs and premium valuations have prompted brokerages to cut target multiples

IGX receives regulator's approval for LNG capacity booking platform

The platform will allow LNG terminal operators to list unused regasification capacity and enable buyers to book available slots, improving transparency and infrastructure utilisation

Oberoi Realty profit remains flat at ₹761 crore, revenue declines 6%

The Mumbai-based developer reported a 6.1 per cent decline in Q2 revenue to Rs 1,670.95 crore, while booking value stood at Rs 9,149.69 crore during the quarter

White House lists $330.5 billion in investments in the US from India

The White House listed $330.5 billion in investments from India, including a $300 billion Reliance Industries refinery project, as part of $10.871 trillion in investments in the US.

Bajaj Housing Finance Q2 profit rises 18% to ₹757 cr, income up 18.3%

Bajaj Housing Finance reported an 18% rise in Q2 FY27 net profit to ₹757 crore, while total income grew 18.3% to ₹3,251 crore and assets under management increased 25% to ₹1.58 trillion.

Centre sets sugar diversion for ethanol at zero in 2026-27 tender

India has directed oil marketing companies to exclude sugar-based ethanol from the 2026-27 tender, setting sugar diversion at zero amid concerns over domestic sugar supplies and record-high prices.

Telangana woos Hyundai for car plant, seeks to fast-track ₹8,528 cr R&D

Chief Minister Revanth Reddy pitches Hyderabad as an ideal location for Hyundai's car plant and assures support to expedite its Rs 8,528 crore R&D facility in Zaheerabad