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Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

contact@dailyupdatesindia.com2 months ago03 mins

The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…

Sindhudurg Airport in Maharashtra gets DGCA nod for 24X7 operations

contact@dailyupdatesindia.com2 months ago02 mins

The Sindhudurg Airport in the Konkan region of Maharashtra has received aviation safety regulator DGCA’s approval for round-the-clock operations, including during low visibility and adverse weather conditions, a statement by IRB Infrastructure Developers said. The airport, operated by IRB Infrastructure, started commercial operations in October 2021. “The approval for 24×7 all-weather operations significantly enhances the…

President Trump orders divestment in $2.9 million chips deal to protect US security interests

contact@dailyupdatesindia.com2 months ago02 mins

US President Donald Trump on Friday ordered the unraveling of a $2.9 million computer chips deal that he concluded threatened US security interests if the current owner, HieFo Corp, remained in control of the technology. The executive order cast a spotlight on a business deal that drew scant attention when it was announced in May…

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Delay of over four years pushes up bullet train project cost by 83%

contact@dailyupdatesindia.com2 months ago02 mins

An under-construction Mumbai Ahmedabad bullet train station NEW DELHI: A delay of over four years has pushed up the cost of country’s first bullet train project by around 83% to Rs 1.98 lakh crore. The first leg of the project, between Surat and Bilimora, is scheduled to be inaugurated in Aug 2027, while the entire…

ITC price target slashed 26% on likely cigarette price hikes

contact@dailyupdatesindia.com2 months ago02 mins

MUMBAI/KOLKATA: Several brokerages downgraded ITC and cut their target price for its stock by up to 26% on the back of a proposed sharp hike in taxes on tobacco products. These cuts came even as analysts and brokers awaited the finer details of the govt’s proposed tax changes, effective Feb 1.Analysts at brokerage houses expect…

LIC launches special campaign to revive lapsed policies

contact@dailyupdatesindia.com2 months ago02 mins

Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies. This special drive, to be carried out from January 1 to March 2, 2026, is extended to all non-linked policies with a very attractive concession in late fee. Concession is being…

Rupee slips 23 paise to close at 90.2 against dollar

contact@dailyupdatesindia.com2 months ago01 mins

MUMBAI: The rupee weakened on Friday, slipping below the 90-per-dollar mark amid importer dollar demand and thin liquidity, while markets assessed the RBI’s intervention stance and global risk cues. The currency closed 23 paise lower at 90.20 per dollar from Thursday’s close of 89.97. It opened around 89.95 and moved between an intraday high of…

Adani enterprises39 kutch copper and caravel minerals sign strategic mou to fast track major australian copper project.jpg

Adani Enterprises to raise 1,000 crore through NCDs

contact@dailyupdatesindia.com2 months ago01 mins

MUMBAI: In what will be its third NCD offering since its incorporation in 1993, Adani Enterprises will enter the bond market next week with a Rs 1,000 crore issue. The funds raised through the non-convertible debentures (NCDs) will largely be used to pare debt of over Rs 70,000 crore as of Sept 2025. The issue…

Govt prods Russia to ease trade barriers

contact@dailyupdatesindia.com2 months ago02 mins

India foreign trade (Image for representation) NEW DELHI: Govt is pushing Russia to lower barriers for export of Indian electronics, engineering goods, food products and fisheries as part of its efforts to get Moscow to use the $50-55 billion equivalent of roubles lying in bank accounts due to the oil-induced trade balance. For electronics, software…

Power demand up nearly 7% in December

contact@dailyupdatesindia.com2 months ago01 mins

NEW DELHI: With intense cold conditions prevailing in northern states, power consumption in Dec 2025 registered nearly 7% growth compared to Dec 2024. The number of electrical units consumed last month stood at 138.4 billion, up from 129.4 billion in Dec 2024. Source link

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Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

Sindhudurg Airport in Maharashtra gets DGCA nod for 24X7 operations

President Trump orders divestment in $2.9 million chips deal to protect US security interests

Delay of over four years pushes up bullet train project cost by 83%

ITC price target slashed 26% on likely cigarette price hikes

LIC launches special campaign to revive lapsed policies

Rupee slips 23 paise to close at 90.2 against dollar

Adani Enterprises to raise 1,000 crore through NCDs

Govt prods Russia to ease trade barriers

Power demand up nearly 7% in December