New Delhi, July 13 (IANS) India’s road infrastructure developers are targeting asset monetisation worth around Rs 40,000 crore through Infrastructure Investment Trusts (InvITs) in FY27 as they seek to unlock capital, reduce leverage and support future expansion, according to a report released on Monday.The report by Brickwork Ratings highlighted that the sector is also aiming for the award of nearly 10,000 km of new highway, expressway and high-speed corridor projects during the financial year, …
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New Delhi, July 13 (IANS) Experts on Monday highlighted AI asymmetry as one of the defining risks facing financial institutions, saying that activities that once required specialist teams, significant resources and weeks of effort can increasingly be performed at machine speed by comparatively low-resource threat actors.This is placing offensive capabilities on a faster development curve than many of the defensive and regulatory mechanisms designed to contain them, they said.IT Ministry, along w…
New Delhi, Aug 11 (IANS) Over 30.98 crore unorganised workers have been registered on eShram portal, including over 3.37 lakh workers who have registered themselves as Platform workers (till August 3), the Parliament was informed on Monday. The Ministry of Labour and Employment launched eShram portal on August 26, 2021, for the creation of a comprehensive National Database of Unorganised Workers (NDUW) seeded with Aadhaar.“eShram portal is meant to register and support the unorganised workers …
New Delhi, Aug 11 (IANS) The government gives utmost importance to protecting and promoting the welfare of farmers, entrepreneurs, exporters and MSMEs, and will take all necessary steps to secure national interest, the Parliament was informed on Monday.It is estimated that around 55 per cent of the total value of India’s merchandise exports to the US will be subject to this reciprocal tariff, Minister of State for Finance, Pankaj Chaudhary, said in a written reply to a question in Lok Sabha.Re…
New Delhi, Aug 11 (IANS) Union Finance Minister Nirmala Sitharaman on Monday introduced a revised version of the Income Tax Bill, 2025, incorporating most of the recommendations made by the Parliamentary Select Committee headed by BJP leader Baijayant Panda, in the Lok Sabha amid Opposition uproar. Tabling the bill in Lok Sabha, FM Sitharaman said that suggestions have been received which are required to be incorporated to convey the correct legislative meaning.”There are corrections in the natu…
New Delhi, Aug 11 (IANS) The life insurance industry reported “satisfactory” business growth with 10 per cent retail annual premium equivalent (APE) growth in July 2025, a report said on Monday.The private life insurance companies grew 14 per cent and LIC’s retail APE grew at a flat 0.4 per cent, according to a report from Emkay Global Financial Services Ltd.The annual premium equivalent is the total value of regular or recurring premiums plus 10 per cent of new single premiums written in th…
New Delhi, Aug 11 (IANS) Elon Musk-run Tesla on Monday inaugurated its first showroom in the National Capital Region (NCR) at the Worldmark 3 complex in Aerocity, marking the electric carmaker’s second retail location in India within a month of entering the country.Situated in one of Delhi’s busiest business districts, close to Indira Gandhi International Airport, the Aerocity outlet serves as an experience centre where guests can examine the Model Y electric SUV, understand the purchasing pro…
New Delhi, Aug 11 (IANS) Direct Spectrum allocation to enterprises is not tenable in India because of various reasons pertaining to India’s telecom ecosystem, the national revenue, as well as security architecture, according to a statement on Monday. “While some industry bodies have, in their interests, drawn parallels with countries such as the US, Finland, Germany, UK, etc. where private networks have been deployed, this comparison ignores a crucial contextual difference of such industries b…
Seoul, Aug 11 (IANS) South Korea and Vietnam will work to expand bilateral cooperation in the energy industry, including renewable energy and nuclear power, as the two countries aim to bolster ties in trade, security and other sectors, Seoul officials said Monday.The countries’ industry ministries signed a memorandum of understanding (MOU) to develop joint projects in the renewable energy sector, such as solar power, wind power and energy storage systems, according to Seoul’s Ministry of Trade, …
New Delhi, Aug 11 (IANS) US President Donald Trump has announced a new agreement for joint development of Pakistan’s oil reserves, hailing it as a “significant beginning” to a long-term energy partnership. However, in the end, the US may find itself investing in a partnership that yields little energy, less loyalty, and a great deal of geopolitical turbulence, according to an article posted on ‘Directus’, an online platform based in Greece.The US foreign policy announcement, made via Trump…
New Delhi, Aug 11 (IANS) The government’s financial inclusion schemes — from Pradhan Mantri Jan Dhan Yojana (PMJDY) to MUDRA and the quintessential UPI-based digital payments — are shifting India’s growth story from being metro-centric to truly national, according to a report on Monday.According to Prime Minister Narendra Modi, “Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive.”“In practice, that inclusivi…
Raipur, Aug 11 (IANS) A technical snag in an Air India flight arriving from Delhi led to a tense hour-long delay at Raipur airport, leaving around 160 passengers, including a sitting MLA, stranded inside the aircraft with no immediate explanation. Flight AI 2797 departed Delhi at 8.15 p.m. and landed at Raipur’s Swami Vivekananda Airport at 10.05 p.m. on Sunday. However, upon touchdown, the aircraft’s door failed to open due to what airline staff later described as a “technical fault”.Pa…
