New Delhi, June 22 (IANS) India has emerged as the world’s leading ship recycling nation in 2025, capturing 35.4 per cent market share of global ship recycling in 2025 up from 30.1 per cent in prior year, according to the latest report by the United Nations Conference on Trade and Development (UNCTAD).Ship recycling in India rose significantly to 2.99 million gross tons (GT) in 2025, up nearly 60 per cent from 1.86 million GT in 2024, an official statement said.With this achievement, the targe…
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New Delhi, June 22 (IANS) Union Finance Minister Nirmala Sitharaman on Monday held a series of high-level meetings with key representatives from the financial, payments, commodity markets and defence sectors, reflecting the government’s continued engagement with stakeholders across critical segments of the economy and national institutions.Neelkanth Mishra, Executive Director at the World Bank, called on the Finance Minister to discuss issues of mutual interest, the finance minister said on soci…
Amaravati, Aug 5 (IANS) Andhra Pradesh Human Resources Development and Information Technology Minister, Nara Lokesh, said on Tuesday that the state is witnessing a strong economic revival. Lokesh, who is the son of Chief Minister N. Chandrababu Naidu, made the claim on social media platform X.In July 2025, the state clocked Rs 3,803 crore in GST collections — the highest ever since the GST regime began in 2017, and a 14 per cent year-on-year growth, he said.”This is also the highest GST growth …
New Delhi, Aug 5 (IANS) Prime Minister Narendra Modi will inaugurate the M.S. Swaminathan Centenary International Conference, which will be held in New Delhi from August 7 to 9. Themed “Evergreen Revolution – The Pathway to Bio happiness”, the conference will honour Prof. Swaminathan’s lifelong contributions to sustainable and equitable development.The Prime Minister will inaugurate the event to mark the birth centenary of Professor M.S. Swaminathan and release a commemorative coin and sta…
New Delhi, Aug 5 (IANS) Leading telecom operator Bharti Hexacom Ltd’s net profit declined 23.4 per cent year-on-year (YoY) in the first quarter of FY26, despite a strong revenue uptick, it said in an exchange filing on Tuesday.In the April-June quarter, the company reported a net profit of Rs 391.6 crore, down from Rs 511.2 crore in the same period the previous year.Sequentially, net profit decreased by more than 16 per cent from Q4 FY25, when it was Rs 468.4 crore.However, due to strong operati…
New Delhi, Aug 5 (IANS) Gold and silver prices saw mixed movements in both domestic and foreign markets on Tuesday. The silver prices increased significantly while the price of the precious metal decreased slightly.The price of 24-carat gold dropped by Rs 91, to Rs 1,00,076 per 10 grams, from Rs 1,00,167 on Monday, according to India Bullion and Jewellers Association (IBJA).Similarly, the price of 10 grams of 22-carat gold dropped from Rs 91,753 to Rs 91,670. Additionally, the price of 18-carat …
Washington, Aug 5 (IANS) US President Donald Trump on Tuesday said that he is going to further raise tariffs on India in the next 24 hours, after announcing 25 per cent tariffs from August 7.In an interview with CNBC, Trump said he will raise tariffs on India, revising the earlier settled rate of 25 per cent.”India has the highest tariffs. We do very little business with India. We settled on 25 per cent, but I think I am going to raise that substantially within the next 24 hours,” the US Preside…
Moscow, Aug 5 (IANS) Russia on Tuesday backed India and while criticising US President Donald Trump over his threats to increase tariffs on New Delhi for buying oil from Moscow, saying that “sovereign nations must have the right to choose their trading partners.”Speaking at a regular press briefing on Tuesday, Russian President’s Press Secretary Dmitry Peskov stated that Russia has noted the US threats against India and does not consider them to be legitimate. He emphasised that nations should h…
New Delhi, Aug 5 (IANS) US President Donald Trump on Tuesday said that upcoming tariffs on imported pharmaceuticals could eventually rise as high as 250 per cent, as part of his push to bring drug manufacturing back to the United States.In an interview with CNBC, Trump said the tariffs would start at a lower rate — without specifying the exact figure — and then increase over the next year to 18 months.“We’ll be putting (an) initially small tariff on pharmaceuticals, but in one year, one-an…
Bhopal, Aug 5 (IANS) Madhya Pradesh Chief Minister Mohan Yadav said on Tuesday that the Bharatiya Janata Party (BJP)-led state government has adopted the Gujarat “ease of doing business” model concept to set the path for industrial growth across the state. Chief Minister Yadav made this statement while presenting his government’s visions in the Assembly onset of the seventh day of the Monsoon session.He said that Madhya Pradesh has decided to become a developed state through establishing small a…
Mumbai, Aug 5 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved the Startup, Entrepreneurship and Innovation Policy, 2025. The new policy, formulated by the Department of Skills, Employment, Entrepreneurship and Innovation (SEEID) and implemented by the Maharashtra State Innovation Society (MSInS), lays the foundation for positioning Maharashtra as India’s most vibrant and future-ready startup destination.“The policy sets an ambitious five-year vi…
New Delhi, Aug 5 (IANS) As many as 293 big infrastructure projects entailing an investment of Rs. 13.59 lakh crore have been evaluated so far for integrated planning, multimodality, whole of government approach and last-mile connectivity under the PM GatiShakti National Master Plan that was launched in 2021, the Parliament was informed on Tuesday.Minister of State for Commerce and Industry Jitin Prasada said in a written reply in the Lok Sabha that as on date, 57 Central ministries/departments, …
