Mumbai, Aug 13 (IANS) Jeet Adani, Adani Airports Director, said on Wednesday that the sight of our Tricolour stirs a deep pride in every Indian’s heart. In a post on social media platform X, he said that “I’m certain everyone passing through Mumbai Airport will feel it too.”Jeet Adani reacted to an X post by Chhatrapati Shivaji Maharaj International Airport (CSMIA).”CSMIA marks India’s 79th Independence Day celebrations with dazzling tricolour illumination at Terminals 1 and 2, complemented by t…

Mumbai, Aug 13 (IANS) Maharashtra Chief Minister Devendra Fadnavis said on Wednesday that the cooperation of International Business Machines (IBM) is necessary for fulfilling the goal of a ‘Viksit Maharashtra’. He also added that India is currently the fastest growing economy in the world.”Along with a Viksit Bharat, the dream of a Viskit Maharashtra is being realised,” Chief Minister Fadnavis said.He expressed his confidence that IBM will contribute to the state government’s “Mission Viksit Mah…

Mumbai, Aug 13 (IANS) Chemical intermediary manufacturer Deepak Nitrite Limited on Wednesday reported a sharp drop in its earnings for the first quarter of the financial year ending June 30 (Q1 FY26).The chemical manufacturer’s net profit fell 44.6 per cent year-on-year (YoY) to Rs 112 crore, compared to Rs 202.5 crore in the same period previous fiscal (Q1 FY25), according to its stock exchange filing.The company’s revenue also declined, slipping 12.8 per cent to Rs 1,889.8 crore from Rs 2,…

New Delhi, Aug 13 (IANS) Facing widespread outrage, private lender ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in Metro and urban areas.The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB requirement from Rs 10,000 to Rs 50,000 for new customers in urban cities.The minimum balance that new ICICI Bank customers in semi-urban areas must main…

New Delhi, Aug 13 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Wednesday inaugurated the newly expanded ISA building of the Intellectual Property Office (IPO) at Dwarka in the national capital.In his remarks on the occasion, the Minister said that the development of the country is riding on the shoulders of innovation and that the Intellectual Property ecosystem is now being recognised worldwide as a key enabler of growth. He expressed confidence that if all stakeholders perfor…

Thiruvananthapuram, Aug 13 (IANS) The State Level Bankers Committee (SLBC) has assured the Kerala government that it will take up the urgent working capital concerns of exporters hit by the US’ recent imposition of a 50 per cent tariff on imports from India.The commitment came during a meeting between SLBC representatives and state Industries, Law and Coir Minister P. Rajeev.The apex body of commercial banks in the state confirmed that the matter would be placed on the agenda for its meeting sch…

Mumbai, Aug 13 (IANS) Infrastructure company HG Infra Engineering Limited on Wednesday reported a 38.95 per cent year-on-year (YoY) drop in its net profit for the first quarter of the financial year 2025-26 (Q1 FY26).The Rajasthan-based company’s net profit dropped to Rs 99.2 crore in the April–June quarter of the current financial year, compared to Rs 162.5 crore in the same period previous fiscal (Q1 FY25), according to its stock exchange filing.Revenue from operations also declined, slipp…

New Delhi, Aug 13 (IANS) The Ministry of Housing and Urban Affairs has approved an additional 1.47 lakh pucca houses under Pradhan Mantri Awas Yojana-Urban 2.0 in 14 states and UTs as part of the Centre’s ‘Housing for All’ policy, according to an official statement issued on Wednesday.The total houses approved are 1,46,582 across 14 states and UTs — Gujarat, Himachal Pradesh, Ladakh, Madhya Pradesh, Manipur, Maharashtra, Mizoram, Odisha, Puducherry, Punjab, Tamil Nadu, Tripura, Uttarakhand, and…

New Delhi, Aug 13 (IANS) The Indian Cellular and Electronics Association (ICEA) on Wednesday launched ‘Semiconductor Leadership Forum’, a landmark initiative aimed at steering India’s long-term semiconductor strategy across manufacturing, capital goods, talent, and innovation. “This moment, close to Independence Day, symbolises the nation’s renewed resolve towards Atmanirbhar Bharat, transforming India from a consumer of electronics to a global manufacturing powerhouse in high-technology sec…

New Delhi, Aug 13 (IANS) India has achieved a landmark milestone of 100 GW solar PV module manufacturing capacity, reflecting the country’s rapid progress in building a robust and self-reliant solar manufacturing ecosystem, aligned with the national vision of Atmanirbhar Bharat and the global imperative for clean energy transition.Highlighting this achievement, Union New and Renewable Energy Minister Pralhad Joshi said: “India has achieved a historic milestone – 100 GW Solar PV Module Manufact…