New Delhi, Aug 12 (IANS) Indian Railways is providing free Wi-Fi facilities at 6,115 railway stations across the country, the Parliament was informed on Tuesday.The free Wi-Fi service at railway stations is part of the government’s Digital India Programme, aimed at bridging the urban-rural digital gap.“Almost all railway stations across Indian Railways have 4G/5G coverage provided by the Telecom Service Providers. These networks are also being utilised by passengers for data connectivity, re…

New Delhi, Aug 12 (IANS) India’s credit demand remains resilient, backed by rapid digitalisation, growing consumer aspirations and robust financial infrastructure, a report said on Tuesday.As of March 2025, Industry Assets Under Management (AUM) stood at Rs 121 lakh crore, reflecting a 21 per cent year-on-year (YoY) increase and a 4 per cent quarter-on-quarter (QoQ) rise, Experian, a global data and technology company, said in its report.Fresh disbursals during the quarter reached Rs 16 lakh cro…

New Delhi, Aug 12 (IANS) Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report.The Wholesale Price Index (WPI) is estimated to have fallen to -0.45 per cent year-on-year in July, down from -0.13 per cent in June. This is the lowest level since August 2023, signalling a continued deflationary trend in wholesale prices.”July ’25 WPI YoY likely fell to almost 2 years’ low of -0.45 p…

New Delhi, Aug 12 (IANS) India has expanded the list of imports from Bangladesh that are banned from entry through any land port on the border by including more jute products amid deteriorating relations with the neighbouring country. These additional goods, which have been banned with immediate effect, include bleached and unbleached woven fabrics made of jute or other textile bast fibres; twine, cordage, and rope made of jute; twine, cordage, rope, and cables; as well as sacks and bags made of…

New Delhi, Aug 12 (IANS) Building materials and equipment company Astral Ltd’s share price fell by nearly 8 per cent during the early trade on Tuesday after the firm reported a decline of over 30 per cent in its net profit for the first quarter of the current financial year (Q1 FY26).At around 11:43 a.m., the company’s shares were trading at Rs 1,282.70, down 7.16 per cent. The stock opened at Rs 1,310.10, falling significantly against last session’s closing of Rs 1,381.60. The scrip further ext…

New Delhi, Aug 12 (IANS) Strong corporate balance sheets, potential bilateral trade agreements with other countries and the possibility of support from the Indian government for the impacted sectors could mitigate the credit impact to some extent arising due to increased US tariffs on India, a Crisil report said on Tuesday.Any support measures from the Indian government to safeguard the tariff-impacted sectors will play an important role. Plus, the tariffs come at a time when corporate balance s…

New Delhi, Aug 12 (IANS) A total of 1.3 lakh minors have been enrolled for early retirement under the NPS Vatsalya Scheme, the Union government informed the Parliament.In a written reply in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said that 130 thousand minor subscribers are registered under the NPS Vatsalya Scheme from September last year till August 3.The NPS Vatsalya Yojana, also known as the National Pension System Vatsalya, is a retirement savings scheme designed for mi…

New Delhi, Aug 12 (IANS) The Pradhan Mantri Fasal Bima Yojana (PMFBY) has achieved 78.41 crore applications being insured and Rs 1.83 lakh crore claims being paid since its launch in 2016, according to the latest government data.Farmer enrollment rose by 32 per cent from 3.17 crore (2022–23) to 4.19 crore (2024–25) — the highest since launch.Non-loanee farmer applications grew from 20 lakh (2014–15) to 522 lakh (2024–25), reflecting wider adoption, according to the data.Launched on Febr…

New Delhi, Aug 12 (IANS) Tesla and SpaceX owner Elon Musk on Tuesday threatened legal action against tech giant Apple, alleging that the company is unjustly favouring the OpenAI application in its App Store.Musk’s own AI startup, xAI, was not able to claim the number one spot on the App Store due to this favouritism, he alleged.Musk wrote on X, “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust…

Washington, Aug 12 (IANS) US President Donald Trump has said his administration will not impose tariffs on gold imports, an announcement following days of speculation that gold bars might be subject to country-specific duties.Trump issued a terse statement in a social media post, after speculation arose over the possibility of gold tariffs after a recent ruling by U.S. Customs and Border Protection that 1-kilogram and 100-ounce gold bullion bars from Switzerland would face duties.”Gold will not …