New Delhi, Aug 5 (IANS) India has remained the fastest-growing major economy, averaging over 7 per cent GDP growth between 2014 and 2025 (excluding the Covid years) and in a global environment marked by protectionism, sustaining 7–8 per cent growth requires a sharp focus on domestic growth drivers, the Parliament was informed on Tuesday.”To this end, the Government remains committed to a strategy centred on deregulation, infrastructure investment and MSME development; enhancing female labour f…

New Delhi, Aug 5 (IANS) A total of six aircraft engine shutdown incidents and three Mayday call incidents have been reported this year, according to the civil aviation ministry.IndiGo and SpiceJet each experienced two engine shutdown incidents, while Air India and Alliance Air had one incident each, as per data shared by Minister of State for Civil Aviation Murlidhar Mohol with the Rajya Sabha.Three Mayday call incidents have occurred, including one involving the Air India aircraft (London Gatwi…

New Delhi, Aug 5 (IANS) The Securities and Exchange Board of India (SEBI) has taken up 76 investment-related fraud cases during the five-year period from April 2020 to March 2025, in which the culprits were ordered to disgorge Rs 949. 43 crore as illicit gains, the Parliament was informed on Tuesday.The highest disgorgement amount was levied in FY 2021-2022 at Rs 359.96 crore, while a sum of Rs 180.48 crore was ordered to be disgorged during 2024-25, data tabled by the Minister of State for Fina…

New Delhi, Aug 5 (IANS) The E-Commerce Export Hubs (ECEHs) initiative aims to provide dedicated zones that will reduce the cost and time associated with logistics and simplify regulatory processes, the government said on Tuesday.These hubs will boost cross-border e-commerce exports from India and simplify re-imports for e-commerce returns or rejects. Five ECEH pilot projects have been proposed for implementation, said Minister of State for Commerce and Industry Jitin Prasada in a written reply t…

New Delhi, Aug 5 (IANS) A total of Rs 77,871.44 crore in undisclosed income was detected in three financial years (2022-23, 2023-24 and 2024-25) via tax evasion surveys from the Income Tax Department, the Parliament was informed on Tuesday.For FY 2022-23, the Department conducted 1,245 surveys to detect Rs 9,805.04 crore worth of undisclosed income, which surged considerably to Rs 37,622.23 crore via 737 surveys, Minister of State for Finance, Pankaj Chaudhary, said in a written reply to a quest…

Mumbai, Aug 5 (IANS) Bharti Airtel Limited on Tuesday reported a strong set of numbers for the first quarter of the current financial year (Q1 FY26), with its net profit surging 57.32 per cent to Rs 7,421.80 crore. The telecom major had posted a profit of Rs 4,717.50 crore in the same quarter previous year, according to its stock exchange filing.Revenue from operations grew 28.45 per cent to Rs 49,462.60 crore, compared to Rs 38,506.40 crore in the corresponding period of the previous year, driv…

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 …