Japan Earthquake: An earthquake of magnitude 6.0 hit near the West Coast of Honshu, Japan on Tuesday. Here's what we know so far

BREAKING: Major earthquake hits Japan again; rescue ops on

The company's revenue from operations rose 64 per cent year-on-year (Y-o-Y) to Rs 5,405 crore in Q3, up from Rs 3,288 crore a year ago

Fitch has upgraded Vedanta Resources Ltd's (VRL) long-term foreign-currency issuer default rating following a "significant reduction" in the company's refinancing risks.
The rating agency upgraded VRL's senior unsecured rating to 'B+' from 'B-' and also changed the outlook to stable, according to a statement.
Besides, it has upgraded "the ratings on the USD 300 million June 2028 bonds and USD 500 million December 2031 bonds, issued by VRL's subsidiary Vedanta Resources Finance II Plc (VRF2), and unconditionally and irrevocably guaranteed by VRL, to 'B+' from 'B-' with Recovery Rating of 'RR4'," the statement said.
The upgrade follows a significant reduction in VRL's refinancing risks, after it raised USD 1.1 billion in new bonds and received bank commitments for loans worth USD 350 million at the holding company, formed by VRL and other offshore investment holding companies owned by VRL, in January 2025, the statement said.
Once the proceeds are used to refinance existing debt, the

The rating agency upgraded VRL's senior unsecured rating to 'B+' from 'B-' and also changed the outlook to stable

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In a significant order, the Supreme Court on Monday directed 23 states and seven union territories to file compliance reports indicating implementation of the Motor Vehicle law's recent provisions besides rules on electronic monitoring and road safety measures.
A bench comprising Justices Abhay S Oka and Ujjal Bhuyan noted six states and a UT, namely, West Bengal, Maharashtra, Tamil Nadu, Karnataka, Kerala and Delhi, had filed their compliance reports.
The top court on September 2, 2024 passed directions on the implementation of Section 136A of the Motor Vehicles Act read with Rule 167A of the Motor Vehicles Rules which allow authorities to electronically monitor speeding vehicles.
The bench has now asked the remaining 23 states and seven UTs to file their compliance reports which will be shared with the Supreme Court committee on road safety.
The apex court panel, in turn, would look into all aspects and provide its inputs which could be considered by the Centre in framing the ...

The top court on September 2, 2024 passed directions on the implementation of Section 136A of the Motor Vehicles Act read with Rule 167A of the Motor Vehicles Rules

India Ratings and Research (Ind-Ra) on Monday said the FY26 Budget should focus on a mix of fiscal consolidation roadmap, while boosting consumption demand, and capex spending.
The Centre in the FY22 Union Budget had provided a fiscal consolidation glide path till FY26 according to which the fiscal deficit will be brought down to 4.5 per cent of the GDP.
"By adhering to the outlined targets, it builds up fiscal credibility which is important for various stakeholders especially investors in gauging the fiscal health of the economy. It also helps in curtailing inflation which has been sticky during FY24-FY25.
"This is one of the reasons for weak consumption demand in the economy which has kept private investments in wait-and-watch mode. Thus, measures to stimulate consumption demand in the economy through income tax relief may be announced in the forthcoming budget," Ind-Ra said.
Against the backdrop of the past three quarters of growth slowdown, Ind-Ra expects the FY26 Union Budget 

The Centre in the FY22 Union Budget had provided a fiscal consolidation glide path till FY26 according to which the fiscal deficit will be brought down to 4.5 per cent of the GDP

Industry stakeholders have also highlighted the need for consistent policy support and investments in skill development to ensure the sector's long-term sustainability

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BREAKING: Major earthquake hits Japan again; rescue ops on

Japan Earthquake: An earthquake of magnitude 6.0 hit near the West Coast of Honshu, Japan on Tuesday. Here's what we know so far

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