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Urban boost in Assam: India, ADB seal $125m loan pact; project to benefit 3.6 lakh residents with better services

India and the Asian Development Bank (ADB) on Monday signed a $125 million loan agreement to upgrade urban services and strengthen climate resilience across six districts of Assam, the finance ministry said.The project will directly benefit around 360,000 residents by ensuring continuous metered water supply and upgrading storm water management systems. It will also introduce…

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‘Hopefully very soon’: India and Oman set to sign trade pact; petroleum, petrochemicals and services trade to expand

India Oman flags AI representative image India and Oman are set to sign the Comprehensive Economic Partnership Agreement (CEPA) “very soon”, aiming to diversify trade beyond energy and expand the exchange of goods and services, said Oman’s Ambassador to India Issa Saleh Abdullah Saleh Alshibani said.In an interview with PTI, Alshibani said that negotiations, which…

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Kurmi Community Protests in Ranchi for ST Status and Language Inclusion Disrupt Train Services | Ranchi News

Ranchi: The ‘Rail teka, dagar chheka (stop trains, block roads )’ agitation by the Kurmis on Saturday, seeking ST status for the community, gave a tough time to administrative officials as well as passengers. Owing to widespread protests in several pockets of the state, several trains were cancelled, short-terminated or diverted, even as thousands of…

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Banking reforms: Cooperative banks get Aadhaar-enabled services under simplified UIDAI framework; boost for rural inclusion

A new Aadhaar-based framework has been rolled out for cooperative banks, paving the way for them to offer authentication and eKYC services that had long remained out of reach due to compliance and cost hurdles.Announcing the initiative at a workshop in New Delhi on Friday, Cooperation Ministry Secretary Ashish Kumar Bhutani said the move will…

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Satcoms’ mobility services may see regulatory hurdle

New Delhi: Weeks after securing a licence and satellite authorisation, Elon Musk’s Starlink may have to tackle regulatory challenges with the Digital Communications Commission (DCC) – the top inter-ministerial body that decides on telecom matters – asking regulator Trai to consider if spectrum prices should be raised when satellites are used for mobility services and…

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AI for Viksit Bharat: Niti Aayog report pegs $500-600 billion GDP boost by 2035; financial services, manufacturing to gain most

Faster adoption of Artificial Intelligence (AI) across industries has the potential to add $500-600 billion to India’s GDP by 2035, according to a Niti Aayog report.The report, titled ‘AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth’, projects that AI could significantly raise productivity and efficiency, making it a decisive lever for India’s growth…

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IndiGo expansion: Airline to launch direct India–Greece flights with Airbus A321XLR; services to begin from Jan 2026

IndiGo will introduce India’s first Airbus A321XLR aircraft on the Athens route, with services beginning in January 2026, the airline announced on Monday. The carrier is scheduled to take delivery of the aircraft by the end of this year, marking a major step in its international expansion.According to news agency PTI, IndiGo plans to operate…

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Car loses control, plunges from flyover onto railway tracks in Delhi; train services halted for 1 hour | Delhi News

Horrific accident in Delhi (Image Credit: TOI) NEW DELHI: A car fell from the Mukarba Chowk flyover onto railway tracks near Haiderpur Metro Station on Sunday, causing a major scare and affecting rail traffic for an hour. According to officials, no serious injuries were reported. The incident occurred under the jurisdiction of Samaypur Badli police…

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GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

The Central Board of Indirect Taxes and Customs (CBIC) clarified that post-sale discounts offered by manufacturers to dealers, aimed purely at competitive pricing and driving sales, will not attract Goods and Services Tax (GST).In a circular, the board further explained that GST would, however, apply if such discounts are linked to specific promotional services carried…

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