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India’s industrial activity maintained steady momentum in May 2026, with the Index of Industrial Production (IIP) rising 5.1% as compared to the same period last year. The growth came on the back of robust manufacturing and electricity output, even as mining remained under pressure.Data released by the ministry of statistics and programme implementation (MoSPI) on…

Rajnath Singh launches DFP-2026 to boost DRDO efficiency Defence minister Rajnath Singh on Monday released the Delegation of Financial Powers to DRDO (DFP-2026), aimed at improving efficiency, accountability and timely execution of strategic research and development projects in the defence sector.The new framework is expected to speed up the production and induction of systems, platforms…

Many consumers are choosing to cash in on their holdings and lock in gains instead. (AI image) Gold selling spree! Fearing that gold prices have peaked out, Indian households are rushing to sell their old gold to cash out before prices fall too much from record highs seen earlier this year. Indian households are increasingly…

Only electric auto-rickshaws will be registered in Delhi from January 1 NEW DELHI: Only electric auto-rickshaws will be registered in Delhi from January 1, 2027, while the registration of new petrol and CNG two-wheelers will end from April 1, 2028, under the capital’s new Electric Vehicle (EV) Policy. The Delhi Cabinet approved the capital’s new…

Ayatollah Khamenei funeral NEW DELHI: Bihar governor Lt Gen Syed Ata Hasnain and Union minister of state for external affairs Pabitra Margherita will attend the funeral ceremony of Iran’s Supreme Leader Ayatollah Seyyed Ali Khamenei on behalf of the Indian government, ANI reported citing Iranian sources.Iran had invited Prime Minister Narendra Modi to attend the…

Power Finance Corporation (PFC) and REC Ltd on Monday approved their proposed merger. Under the approved scheme, REC shareholders will receive 88 equity shares of PFC for every 100 equity shares of REC held. The boards of state-run Power Finance Corporation (PFC) and REC Ltd on Monday approved their proposed merger, paving the way for…

Elon Musk’s birthday message to Sam Altman and Dario Amodei: a new AI model every month, starting with Grok 4.5 Elon Musk just turned 55, and he marked the milestone the way he marks most things lately—with a post on X aimed squarely at his rivals. The world’s first trillionaire used the occasion to put…

Akal Takht gives Punjab govt 1 month to amend anti-sacrilege law (File: PTI) NEW DELHI: The Akal Takht on Monday gave the AAP-led Punjab government one month to amend the Jagat Jyot Sri Guru Granth Sahib Satkaar (Amendment) Act, 2026 in line with Sikh sentiments.The directive came after the Sikh legislators and ministers appeared before…

ITR filing: The choice of form should not be treated as a mechanical carry-forward of the previous year’s position. (AI image) ITR filing FY 2025-26: Any easy mistake to make when filing your income tax return is the form that you choose for ITR. This can especially be the case for salaried taxpayers who can…

India has urged the European Union to exempt it from proposed restrictions on metal scrap exports, warning that the move could disrupt supplies, increase production costs and affect the country’s steel and aluminium industries.Under the EU’s revised Waste Shipment Regulation, exports of non-hazardous waste, including recyclable metal scrap, to non-OECD countries will be banned from…