Page 1702 - Latest News

RBI grants PhonePe final approval to operate as payment aggregator

Fintech major PhonePe has secured the Reserve Bank of India's final approval to act as an online payment aggregator, expanding its reach to enterprises and merchants nationwide

India's forex reserves rise $4.7 bn to $703 bn, close to record high

Foreign exchange reserves climbed for the second straight week, led by gains in foreign currency assets and gold holdings, bringing the total near the $705 billion record

Piyush Goyal likely to visit Washington soon for key India-US trade talks

Goyal visited Washington earlier in May for the trade talks. He held deliberations with US Commerce Secretary Howard Lutnick in Washington

2 Assam Rifles jawans killed, 5 injured in Manipur's Bishnupur district

Additional forces have been sent there while search operations have been launched in nearby areas where the attackers might have fled, an official said

UN Security Council votes down effort to halt Iran snapback sanctions

Only four countries China, Russia, Pakistan and Algeria supported the effort, with some using meeting to blast the European leaders for what they called an unjustified and illegal action against Iran

Estonia says 3 Russian fighter jets violated its airspace for 12 minutes

Foreign Minister Margus Tsakhna's ministry said that the incursion took place over the Gulf of Finland and three Russian MIG-31 fighters were involved

Military electronics - how nations are reinventing warfare

Radars, drones, lasers, and AI-powered systems mark the latest global push to strengthen surveillance and military deterrence

World should learn from India on swift conflict resolution: IAF Chief

In an address at an event, the Air Chief Marshal said full freedom was given to the military for the operation and that no restrictions were imposed on it by the political leadership

MGNREGA man-days increased to 150 in Himachal after monsoon calamity

Since the onset of monsoon on June 20 till date, the state has suffered losses to the tune of Rs 4,754 crore while 427 people have died in rain-related incidents and road accidents in Himachal Pradesh

After Trump pressure, EU aims to bring forward Russian LNG import ban

Beyond LNG, or liquefied natural gas, the proposed sanctions would also target more of Russia's shadow tanker fleet and cryptocurrency

Ganesh Consumer raises ₹122 cr from anchor investors ahead of IPO

The company has allotted 37.99 lakh equity shares to 14 funds at Rs 324 apiece, aggregating the transaction size to Rs 122.33 crore

'Let markets decide': US SEC chief open to easing quarterly reporting rules

US SEC Chairman Paul Atkins said the regulator will consider proposing a rule change in financial reporting, allowing companies to choose whether to report quarterly or semi-annually

SDGs should take priority over climate targets, says CEA Nageswaran

India's Chief Economic Adviser Anantha Nageswaran has warned that India's climate goals must not undercut its economic aspirations

MSMEs, startups urged to meet ₹50K cr defence exports target: MoS Defence

Minister of State for Defence Sanjay Seth was addressing the inaugural of the three-day East Tech symposium here

Conflict zone: The Russia-Ukraine war

AI drones and missiles redefine fighting

Sebi approves Zelio E-Mobility's ₹78 crore IPO for electric vehicles

The company has already got the DRHP (draft red herring prospectus) approval. The IPO may go live at the end of this month, Zelio E-Mobility said in a statement

Telecom major Vodafone Idea slapped with tax penalty of ₹6.47 crore

The company is accused of wrongly taking CENVAT credit, which is a type of tax credit businesses can claim for taxes paid on equipment or capital goods

GST cut to reduce farmers' solar pump costs by ₹1,750 cr annually: Joshi

Pralhad Joshi said GST rationalisation on renewable energy devices will lower solar pump costs for farmers by Rs 1,750 crore annually under schemes like PM-KUSUM

Sebi proposes regular updates of NAVs by AIFs in depository systems

The valuation date will be taken as the date of the valuation report if done by an external valuer, and as the date it is recorded in the fund's internal records if done by an internal valuer

India leads global flex office market, to cross 100 mn sq ft by 2026: C&W

India has topped the global flex office maturity index, with Cushman and Wakefield projecting stock to cross 100 mn sq ft by 2026 on strong demand and operator expansion