New Delhi, June 16 (IANS) Union MoS for Science & Technology, Earth Sciences, Dr. Jitendra Singh on Tuesday said that 12 years of governance benefits and pension reforms reached a wider section of employees and pensioners in Jammu & Kashmir after the transition of the erstwhile State into a Union Territory.Dr. Singh said that the reorganisation of Jammu & Kashmir increased the number of Central government employees in the region, bringing with it certain initial workload and service-…
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New Delhi, June 16 (IANS) Industry chamber Assocham on Tuesday urged establishment of a Global Family Office Hub and a globally competitive Corporate Treasury Centre framework both in GIFT City to strengthen Indian Rupee.A dedicated policy and regulatory framework is required to attract global family offices, which collectively manage several trillion dollars in assets, to establish investment, treasury, and wealth management structures within GIFT City, the industry body said in a submission to…
New Delhi, June 16 (IANS) Akasa Air on Tuesday commenced commercial operations from Noida International Airport (NIA), becoming one of the first airlines to launch services from the greenfield airport.The carrier started direct flights between Noida and Navi Mumbai, marking a key step in its network expansion strategy and strengthening its presence in the National Capital Region (NCR).The inaugural flight departed from Navi Mumbai International Airport at 7:25 am and arrived at Noida Internation…
New Delhi, June 16 (IANS) Telegram has been removed from the Google Play Store in India following the Centre’s decision to temporarily restrict access to the messaging platform ahead of the NEET (UG) 2026 re-examination.As a result, new users are currently unable to download the app through Google’s official Android marketplace.The move follows government action aimed at curbing alleged examination-related fraud, misinformation and cheating networks operating through the platform.However, it is …
Mumbai, June 16 (IANS) Domestic equity markets ended higher on Tuesday, extending their gaining streak as investors cheered the announcement of a US-Iran deal that improved risk appetite and boosted sentiment across global and domestic markets.The benchmark Sensex rose 544.15 points, or 0.71 per cent, to close at 76,808.48, while the Nifty gained 135.25 points, or 0.57 per cent, to settle at 23,995, just below the key 24,000 level.Commenting on Nifty technical outlook, experts said that the 24,0…
New Delhi, June 16 (IANS) The Indian Institute of Technology Madras (IIT Madras) and IITM Global exchanged seven commercial memoranda of understanding and two institutional MoUs on the first day of Bharat Innovates 2026 in Nice, France, that are expected to unlock nearly $100 million in value creation, a statement said on Tuesday.Seven commercial MOUs link Indian deep‑tech startups with international partners, predominantly from France, while the two institutional pacts aim to accelerate globa…
New Delhi, June 16 (IANS) India continues to remain one of the world’s most attractive investment destinations despite global geopolitical uncertainties and periodic market volatility, supported by strong macroeconomic fundamentals, policy continuity and resilient corporate earnings, a report showed on Tuesday.A report by domestic brokerage Ventura Securities highlighted that India’s long-term growth outlook remains constructive, backed by healthy corporate balance sheets and sustained domestic …
New Delhi, June 16 (IANS) Recent regulatory changes including higher foreign direct investment limits and relaxed governance requirements, increased allure of India’s insurance market to international insurers and reinsurers, a report said on Tuesday.Further, new players and rising reinsurance capacity are making India’s insurance market more competitive creating broader coverage options, higher limits and more favourable terms for buyers, the report from professional services firm Aon plc sai…
New Delhi, June 16 (IANS) The ongoing three-day event Bharat Innovates 2026 facilitated funding commitments and advanced-stage investments worth approximately $254.5 million while generating strong investor interest in Indian DeepTech startups during the second day of the summit, according to an official statement issued on Tuesday.The Ministry of Education stated that the second day of the event brought together global investors, industry leaders, researchers, policymakers, startups and academi…
New Delhi, June 16 (IANS) India’s real estate investment trust (REIT) and infrastructure investment trust (InvIT) market could unlock an additional investment pool of Rs 11.6 lakh crore over the next five years and surpass Rs 20 lakh crore of assets under management by 2030, a report said on Tuesday.The report from investment bank Avendus Capital said domestic mutual funds and insurance firms could deploy about Rs 4.6 lakh crore and Rs 3.2 lakh crore respectively by 2030. Meanwhile, domestic p…
New Delhi, June 16 (IANS) India is expected to have more than 1.1 billion 5G subscriptions by the end of 2031, reaching about 81 per cent subscription penetration, a report said on Tuesday.The report from Ericsson said 5G adoption in India continues to grow rapidly, driven by the availability of affordable 5G-enabled smartphones and devices, expanded network coverage across almost all districts, and the increasing rollout of 5G Fixed Wireless Access (FWA) services.The number of commercial differ…
New Delhi, June 16 (IANS) The government has temporarily suspended its newly launched Cell Broadcast System, a nationwide emergency public warning network, reportedly following a misrouted late‑night alert that prompted concerns over system reliability.The report from The Hindu said authorities have not disclosed specific reasons for the suspension, but that a technical malfunction may be the reason.An inadvertently misrouted alert from disaster management units in Haryana and Uttar Pradesh re…