Rural areas saw headline inflation ease to 1.18% from 1.72% in June, with food inflation dropping from -0.87% to -1.74%. (AI image) The Consumer Price Index (CPI) inflation for the month of July 2025 touched an 8-year low of 1.55%. The headline retail inflation cooled sharply touching 1.55% year-on-year — the lowest since June 2017…
The Union government on Tuesday approved a major investment worth over Rs 8,000 crore in Arunachal Pradesh, giving a major boost to the state’s power and infrastructure sector. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, sanctioned the construction of the 700 MW Tato-II Hydro-Electric Project in the Shi Yomi district.According…
NEW DELHI: The directorate general of civil aviation (DGCA) has issued a show cause notice to IndiGo over alleged lapses in simulator training for nearly 1,700 pilots, PTI reported quoting sources on Tuesday.The notice was sent after the regulator scrutinised records and reviewed IndiGo’s responses submitted last month.Confirming that the airline is currently reviewing the…
India has taken a significant step towards eco-friendly transportation with hydrogen-powered trains. Indian Railways is set to launch India’s first hydrogen-powered train! Railway minister Ashwini Vaishnaw on Tuesday shared a video post on social media platform X (formerly Twitter) showcasing a glimpse of the first hydrogen-powered train in India.India has taken a significant step towards…
India is widening its export focus to 50 countries, including key markets in West Asia and Africa, in a bid to lessen dependence on any single buyer and cushion the blow from steep US import tariffs.According to ET, these markets together account for about 90% of India’s total exports.Officials from the commerce and industry ministry…
Gold rate today: In domestic trading, 99.5 per cent pure gold decreased by Rs 1,000 to Rs 1,01,100 per 10 grams (including all taxes) on Tuesday. (AI image) Gold rate today: Gold prices declined by Rs 1,000, reaching Rs 1,01,520 per 10 grams in Delhi on Tuesday, following a downturn in international markets, according to…
Finance Minister Nirmala Sitharaman presented the updated version of the I-T bill to Parliament. The New Income Tax Bill has been passed by the Lok Sabha, marking a significant reform to modernise the longstanding income tax legislation for both individuals and corporations. The New Income Tax Bill 2025 aims to simplify tax procedures and reduce…
The Ford Louisville Assembly Plant in Louisville, Kentucky. (Picture credit: AP) Ford Motor Company is set to spend nearly $2 billion converting its Louisville Assembly Plant in Kentucky into an electric vehicle (EV) production hub, marking a major shift after seven decades of making petrol-powered models there.Speaking to workers on Monday, CEO Jim Farley called…
With the US set to impose steep new tariffs that industry executives say resemble the protectionist levies of the Great Depression era, Indian electronics exporters are scouting alternative markets in Europe, the Middle East and Africa. The move comes as the US, still the largest buyer of India’s electronics goods, becomes a tougher market, weighed…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Monday signed an executive order extending a trade truce with China for another three months, averting the immediate threat of escalating tariffs and export controls that have rattled global markets. The pause, now set to last until November 10, gives Washington…
