India’s private sector activity showed strong momentum in June, reaching its fastest pace in over a year, as firms ramped up production to meet booming domestic and international demand. These figures marked nearly four straight years of growth, fresh survey data released on Monday.The HSBC Flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P…
Indian Army places order of 450 NAGASTRA-1R loitering munitions from SDAL (Image credits: ANI) The Indian Army placed an order with solar defence and aerospace limited, SDAL, for approximately 450 units of its NAGASTRA-1R loitering munitions, the company said in a statement. The system is designed to be cost-effective and reusable, with launchers that can…
The national payments corporation of India, NPCI, has introduced a new facility for real-time PAN and bank account validation on the Income Tax department’s e-filing website. Announced in a circular dated June 17, 2025, the initiative aims to streamline the verification process for taxpayers linking their PAN with their bank accounts.The facility, launched through a…
Basmati rice exports: The cargo remains stationed at Gujarat’s Kandla and Mundra ports. (AI image) Israel-Iran conflict impact: Approximately 1,00,000 tonnes of basmati rice bound for Iran remain stuck at Indian ports as a consequence of the Israel-Iran hostilities, according to the All India Rice Exporters Association’s statement on Monday.After Saudi Arabia, Iran stands as…
State-owned power giant, NTPC, is seeking shareholder’s approval to raise up to Rs 18,000 crore through the private placement of bonds or non-convertible debentures (NCDs) in the domestic market.In a regulatory filing on Monday, the company said it has issued a postal ballot notice to seek shareholders’ nod via special resolution, using remote e-voting. The…
Trial run of the Namo Bharat trains (Image credits: PTI) Delhi-Meerut RRTS: Soon you may be able to zip between Delhi and Meerut in just an hour at 160 kmph on Namo Bharat trains. The National Capital Region Transport Corporation (NCRTC) has successfully completed the scheduled trial run of Namo Bharat trains on Sunday, covering…
The aviation regulator has implemented a reformed audit methodology to ensure greater thoroughness. (AI image) The DGCA will undertake a thorough assessment of Air India‘s primary facility in Gurugram. This planned evaluation, scheduled before the June 12 Ahmedabad plane crash, will verify aircraft documentation, airworthiness status, and crew-related records including training and duty hours, as…
Iran’s strategic position along the Hormuz coastline provides various retaliatory possibilities against US strikes. (AI image) Will Iran choke the global oil supply by closing the Strait of Hormuz? Recent US military actions against Iran’s nuclear sites have highlighted Tehran’s potential to disrupt oil commerce, particularly via the strategically vital Strait of Hormuz.Experts consider a…
Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran.While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and…
The market outlook suggests consolidation with expected volatility. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in opening trade on Monday following global cues. While Nifty50 went below 24,900, BSE Sensex was down over 800 points. At 9:58 AM, Nifty50 was trading at 24,855.85, down 257 points or…
