Page 22 - Latest News
OIL targets early 2027 for commissioning of Numaligarh refinery expansion
State-owned Oil India expects its Rs 28,000 crore Numaligarh refinery expansion project to be operational by early 2027, tripling refining capacity to 9 million tonnes
 "OIL targets early 2027 for commissioning of Numaligarh refinery expansion")
Maruti's ₹35K cr Kharkhoda plant inaugurated, capacity to reach 1 mn units
Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi inaugurated Maruti Suzuki's Kharkhoda plant, which is set to scale up to 1 million units annually
 "Maruti's ₹35K cr Kharkhoda plant inaugurated, capacity to reach 1 mn units")
Free trade agreements to give major boost to toy exports: Industry
India's FTAs with the UK and EU are expected to boost toy exports by providing zero-duty market access and opening new opportunities for domestic manufacturers
 "Free trade agreements to give major boost to toy exports: Industry")
CIC advises NHAI to proactively disclose contracts' info in public domain
The CIC has advised NHAI to proactively disclose highway contracts, safety plans and project documents, saying greater transparency will improve public accountability
 "CIC advises NHAI to proactively disclose contracts' info in public domain")
Normal shipping in Strait of Hormuz still months away, say experts
Shipping activity through the Strait of Hormuz remains subdued despite easing tensions, with experts expecting normal operations to resume only after de-mining and security measures are completed
 "Normal shipping in Strait of Hormuz still months away, say experts")
Decoded: All about WhatsApp's username feature and why govt wants it paused
WhatsApp says usernames will let users connect without sharing phone numbers, but the government wants Meta to defer the rollout over impersonation and fraud concerns
 "Decoded: All about WhatsApp's username feature and why govt wants it paused")
JioBlackRock plans full MF bouquet in 3 yrs, more SIFs, ETFs, GIFT products
Rishi Kohli, chief investment officer at Jio BlackRock AMC, said the company intends to introduce at least one more SIF in the equity long-short category within the next year
 "JioBlackRock plans full MF bouquet in 3 yrs, more SIFs, ETFs, GIFT products")
Ujjivan SFB raises FCNR(B) deposit rate to 7.50% after RBI eases norms
Ujjivan Small Finance Bank raises interest rates on 3-5-year FCNR(B) deposits after the RBI removes the ceiling on fresh deposits of similar maturities
 "Ujjivan SFB raises FCNR(B) deposit rate to 7.50% after RBI eases norms")
Udaan's S'pore Holding co faces insolvency proceedings over $170 mn default
Creditors filed a winding-up petition after debt-restructuring talks collapsed; Udaan says the proceedings are limited
 "Udaan's S'pore Holding co faces insolvency proceedings over $170 mn default")
India-EU FTA legal scrub to end in 10-12 days; pact likely by Dec 31: Goyal
Commerce Minister Piyush Goyal says the India-EU free trade agreement is on track for signing by December-end, while reiterating India's demand for a competitive edge in the interim US trade deal
 "India-EU FTA legal scrub to end in 10-12 days; pact likely by Dec 31: Goyal")
India, Japan sign pacts on AI, economic security after Modi-Takaichi talks
India and Japan adopted key agreements on AI, economic security and energy resilience as Prime Minister Narendra Modi and Japanese PM Sanae Takaichi held summit talks
 "India, Japan sign pacts on AI, economic security after Modi-Takaichi talks")
Uttar Pradesh trade show may generate ₹25,000 crore boost for MSMEs
UPITS 2026 aims to connect nine million MSMEs with global buyers, targeting ₹20,000 crore in business opportunities and boosting Uttar Pradesh's export ambitions
 "Uttar Pradesh trade show may generate ₹25,000 crore boost for MSMEs")
Hasnain, Margherita to represent India at Khamenei's state funeral: MEA
Minister Pabitra Margherita and Bihar Governor Syed Ata Hasnain will represent India at the funeral ceremonies of Iran's late Supreme Leader Ayatollah Ali Khamenei
 "Hasnain, Margherita to represent India at Khamenei's state funeral: MEA")
Mass exodus continues from AIADMK, 3 ex-ministers, cadres join TVK
Three former AIADMK ministers joined the ruling TVK, prompting the DMK to mock the move as a "washing machine" exercise, while the defectors cited dissatisfaction with the AIADMK leadership
 "Mass exodus continues from AIADMK, 3 ex-ministers, cadres join TVK")
West Asia crisis caused ₹74,781 cr loss on fuel sales for oil firms: Puri
Petroleum Minister Hardeep Singh Puri said rising crude prices during the West Asia conflict led to ₹74,781 crore in losses for state-run OMCs till June 30
 "West Asia crisis caused ₹74,781 cr loss on fuel sales for oil firms: Puri")
Visa says authentication must move beyond OTPs, launches Payment Passkey
Visa launched its Payment Passkey solution in India, saying digital payment authentication must move beyond passwords and OTPs as AI-driven commerce expands
 "Visa says authentication must move beyond OTPs, launches Payment Passkey")
Bank of Baroda settles case out-of-court with NMC Health for $600 million
Bank of Baroda settled its dispute with NMC entities for $600 million, while reporting 17% credit growth and a 14% rise in deposits in Q1FY27
 "Bank of Baroda settles case out-of-court with NMC Health for $600 million")
NPS fund managers compared: Which schemes delivered the best returns?
See how NPS pension fund managers stack up on assets under management and returns across equity, corporate bond and government securities
 "NPS fund managers compared: Which schemes delivered the best returns?")
Poland work visa route: A lower-cost path to EU residency for Indians
Unlike golden visas, Poland offers Indians a work-based residency route with lower costs, job access and a pathway towards EU settlement
 "Poland work visa route: A lower-cost path to EU residency for Indians")
Fund review: SBI Large Cap Fund
Fund review: SBI Large Cap Fund
 "Fund review: SBI Large Cap Fund")