New Delhi, Aug 5 (IANS) Minister of State for Commerce and Industry Jitin Prasada told the Parliament on Tuesday that as a result of various measures taken by the Centre, the number of Indian products rejected by importing countries have registered a decline of 12.5 per cent in June this year compared to the corresponding figure for the same month of the previous year.He said that the steps taken by the government include measures to increase quality consciousness through Quality Control Orders …

Mumbai, Aug 5 (IANS) In a significant step toward improving foundational education, the Adani Foundation and Adani Electricity have signed a Letter of Agreement with the Brihanmumbai Municipal Corporation (BMC) for Project ‘Utthan’.The Corporate Social Responsibility (CSR) initiative is designed to enhance Foundational Literacy and Numeracy (FLN) skills for 1.5 lakh students from 947 municipal schools across the city, marking a major commitment to strengthening the quality of early education…

Mumbai, Aug 5 (IANS) The Indian stock market settled in negative territory on Tuesday amid a mixed reaction from investors following the US President Donald Trump’s fresh tariff threat and India’s stern reply to it.Sensex closed at 80,710.25, down 308.47 points or 0.38 per cent. The 30-share index opened the session slightly down at 80.946.43 against last day’s closing of 81,018.72. However, the index further extended the loss amid a mixed approach in Auto, and Consumer Durable stocks and sellin…

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 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…

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…

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…