NEW DELHI: The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 10 lakh on ride-hailing platform Rapido for disseminating misleading advertisements and engaging in unfair trade practices. The action was taken suo motu by the authority following investigation into the company’s advertisement claim: “Guaranteed Auto. Auto in 5 mins or get Rs…
India’s textile and apparel sector posted steady growth in July 2025, with exports of major commodities rising 5.37 per cent to $3.10 billion from $2.94 billion a year ago, the government said on Wednesday.According to the Textile Ministry, the industry has demonstrated resilience despite global uncertainties, reaffirming its role as a key driver of employment,…
The finance ministry on Wednesday held a meeting with the heads of public sector banks (PSBs) to review their financial performance in the first quarter of FY26. The three-hour session was chaired by Financial Services Secretary M Nagaraju.According to PTI report citing sources, the secretary urged the MDs and CEOs of state-owned banks to step…
Elon Musk-led Starlink will use Aadhaar authentication for customer verification before onboarding subscribers in India, an official statement said on Wednesday. The development comes after the government’s approval for the company to start offering satellite-based broadband services in the country, according to PTI.“The Unique Identification Authority of India (UIDAI) has onboarded satellite-based internet provider Starlink…
The Indian economy presents a picture of strength, stability and opportunity, Reserve Bank Governor Sanjay Malhotra said at the Monetary Policy Committee (MPC) meeting earlier this month, while cautioning that monetary policy must remain vigilant amid evolving uncertainties around US tariffs.The Reserve Bank of India on Wednesday released the minutes of the MPC meeting held…
Wall Street held steadier on Wednesday following the previous day’s sharp slide in artificial intelligence stocks including Nvidia and Palantir. The S&P 500 dipped 0.1 per cent in early trade, extending its three-day losing run after hitting an all-time high last week. The Dow Jones Industrial Average edged up 32 points while the Nasdaq Composite…
Russia said, “If Indian goods are facing difficulties entering the US market, the Russian market is welcoming”. (AI image) Russia has hit out strongly at the Donald trump administration for its mounting pressure on India to stop purchases of Russian crude oil. Calling US’s secondary tariffs ‘unjustifed’ and ‘unlawful’, Russia stressed that there would be…
Gold rate today: Gold prices fell Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday amid sustained selling by stockists, the All India Sarafa Association said. The yellow metal of 99.9 per cent purity had ended at Rs 1,00,420 per 10 grams in the previous session.In line with the weakness,…
NEW DELHI: Making the Directorate General of Civil Aviation (DGCA) a fully autonomous agency; mitigating fatigue among air traffic controllers (ATCO) and flight crew; modernising ATC and filling up critical staffing gaps in key organisations are among the 12 key issues that a parliamentary panel has flagged to “ ensure the continued safety and sustainable…
The Lok Sabha on Wednesday passed the Promotion and Regulation of Online Gaming Bill, 2025, which seeks to foster the growth of e-sports and online social gaming while banning online money games. The Promotion and Regulation of Online Gaming Bill, 2025, introduced in the Lok Sabha by Union minister Ashwini Vaishnaw, aims to regulate India’s…
