The US supports much-needed reform of the United Nations, including the Security Council, to make it reflective of the 21st-century world, a senior Biden administration official has said, amidst growing calls for inclusion of India as the permanent member of the powerful organ of the world body. Watch the video to know more.

The US supports much-needed reform of the United Nations, including the Security Council, to make it reflective of the 21st-century world, a senior Biden administration official has said, amidst growi

Elon Musk supports India for UNSC: US State Department reacts

Private equity fund Norwest on Thursday announced that it has led a Rs 1,465-crore investment in the Hyderabad-based non-bank lender IKF Finance.
The investment includes both primary share issuances and also secondary transactions, according to a statement. Norwest has led the round with a USD 100 million or about Rs 850 crore investment, it said.
The company, founded in 1991, operates in nine states, offering secured retail loans and credit for small businesses. It also gives loans against property and affordable home finance through a home finance subsidiary. It had a loan book of Rs 6,700 crore as of March 2025.
The company is backed by Accion and its limited partners, it said, adding that existing investor Motilal Oswal PE has also invested in the current round.
"This is our largest fundraise to date and a key milestone in our journey to expand access to inclusive, flexible financial solutions for underserved communities," the company's founder and chairman VGK Prasad said.
Th

Private equity fund Norwest on Thursday announced that it has led a Rs 1,465-crore investment in the Hyderabad-based non-bank lender IKF Finance.

Greater Noida-based Alpex Solar on Thursday said it has secured orders worth Rs 1,068.84 crore from various companies, including Coal India arm Central Mine Planning and Design Institute Ltd and Haryana Renewable Energy Development Agency.
Alpex Solar, in consortium with NVNR Power & Infra Ltd, has secured a Rs 349.99 crore order from Central Mine Planning and Design Institute (CMPDIL), a subsidiary of Coal India, the company said in a statement.
The project encompasses design, engineering, procurement, supply, construction, fabrication, erection, installation, testing, and commissioning of a grid-connected ground-mounted solar power plant at Nandan Washery, Kanhan area, under Western Coalfields.
Alpex Solar holds a 70 per cent stake in the consortium.
Under the project, the consortium will also construct a 32kV double-circuit transmission line from the main control station to the feeding substation, along with requisite bay extension works.
Additionally, the company recently won 

Under the project, the consortium will also construct a 32kV double-circuit transmission line from the main control station to the feeding substation

Offers on Samsung Galaxy S25 are now live on the company's official website. Deals will also be available on select e-commerce platforms and retail outlets

Reportedly, the upcoming OnePlus Ace 5 Racing will be powered by the MediaTek Dimensity 9400e chipset whereas the Ace 5 Ultra is likely to ship with the MediaTek Dimensity 9400+ chipset

In his first ruling as CJI Justice BR Gavai declares 1998 Pune forest land transfer illegal slams politician bureaucrat builder nexus and orders land returned to forest department

The Supreme Court on Thursday expressed concern over drafting of arbitration clauses in commercial agreements and said the arbitration process was being misused to complicate and prolong matters.
A bench of Justices Surya Kant and N Kotiswar Singh raised "serious concerns" over the manner in which ambiguity was embedded into such agreements and instructed courts to show an "unwavering tendency" towards rejecting shoddily drafted clauses at the very threshold.
"The drafting of arbitration clauses in commercial agreements in India leaves much to be desired. Despite arbitration being introduced as a means of ensuring speedy and effective dispute resolution, it is evident and ironic that, in certain cases, the process has been misused to further complicate and prolong the resolution of disputes," it said.
"Whether this stems from administrative oversight or deficient legal advice is a matter best left for separate consideration," the bench added.
The top court said  "willful and wanton

The bench then decided to 'advise, if not caution and warn' the legal fraternity against engaging in such practices that result in a criminal wastage of precious judicial time

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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Elon Musk supports India for UNSC: US State Department reacts

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