Latest News, Updates & Breaking Headlines
MUMBAI: Optimo Capital has raised Rs 150 crore ($17.5 million) in series A funding, led by founder Prashant Pitti along with existing investors Blume Ventures and Omnivore, the company said on Tuesday. Around 4.8 crore small-business owners (75% of total) don’t have credit-history, making it difficult for them to access large-ticket business loans from banks/NBFCs….
File photo: President Droupadi Murmu (Picture credit: ANI) India is working not only to achieve its clean energy goals but also to emerge as a global hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange by 2050, President Droupadi Murmu said on Tuesday.Addressing the 8th Session of the International Solar Alliance…
A majority of car buyers have used recent GST reductions not to save money but to upgrade to higher-end models and brands, according to a new study. As per news agency PTI, around 80 per cent of buyers surveyed said they used the tax relief to switch to a better model, brand, or premium add-ons…
India’s services sector is fast emerging as a powerhouse of job creation, with its share in total employment climbing from 26.9 percent in 2011–12 to 29.7 percent in 2023–24, according to two new NITI Aayog reports. “Services employment share rose from 26.9 percent (2011-12) to 29.7 percent (2023-24),” the report said, according to ANI.The two…
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for the Rabi season 2025-26 on Phosphatic and Potassic (P&K) fertilisers.The decision was announced by Union minister Ashwini Vaishnaw at a cabinet press briefing held on Tuesday. The approved rates will be effective from October 1, 2025, to…
The Directorate General of Civil Aviation (DGCA) has relaxed certain night-duty limits for pilots as airlines prepare to implement new rest rules from November 1.The DGCA has allowed pilots to make up to three landings if their duty hours fall between 12.00 am and 1.55 am or between 5.00 am and 6.00 am.Earlier, the regulator…
India is planning to make it mandatory for all liquefied natural gas (LNG) import terminals to build an additional 10% storage capacity that the government can access during supply or price disruptions. According to a draft proposal by the oil ministry, this change will amend the registration rules for LNG terminals under the Petroleum and…
The exchange did not specify a definite schedule for resuming operations. (AI image) MCX trading glitch: The Multi Commodity Exchange (MCX) has been hit by a serious technical disruption on Tuesday, which has resulted in an extended four-hour suspension of trading activities. This interruption has impacted futures contracts trading across essential commodities, particularly gold and…
According to the International Energy Agency, India purchased 1.9 million barrels per day during the first nine months of 2025. (AI image) Donald Trump sanctions impact: With the US and EU imposing fresh sanctions on Russian oil, Indian oil refiners have stopped any fresh orders of Russian crude. According to a Reuters report, the refiners…
Given that Mistry is ineligible to vote regarding his own term renewal, the outcome at SDTT represents a majority decision. Tata Trusts tussle: In a significant development at the Tata Trusts, Mehli Mistry’s position appears uncertain as chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh have not approved for extending his term,…
