Centre approves โน72.42 crore for Ameenabad harbour in A.P.
The facility aims to facilitate anchoring of 2,500 boats, with the annual handling of 1.10 lakh tonnes
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The facility aims to facilitate anchoring of 2,500 boats, with the annual handling of 1.10 lakh tonnes
New dialysis unit set up at the Neendakara taluk hospital. Facility dedicated to the memory of Alin Sherin, the Stateโs youngest organ donor
The Chief Minister is likely to inaugurate it on June 11, the department of Health is planning to organise handing over of appointment orders to 300 assistant professors and 272 staff nurses, apart from launch of other facilities on that day
Prime Minister Modi's visit to L&T's Hazira facility showcased India's burgeoning defence capabilities, featuring indigenous light tanks, battle-tested artillery, and advanced laser systems. This display underscores the nation's progress in self-reliance, highlighting private sector contributions to developing cutting-edge military platforms and technologies for the armed forces.
Ukraine launched long-range drone strikes deep inside Russia, hitting a military facility near St Petersburg and an oil depot in Krasnodar. President Zelenskyy stated these attacks targeted Russian naval arsenals and bases, emphasizing Ukraine's capability to strike over 1,000 kilometers.
Chhattisgarh has reported three suspected Ebola cases involving foreign nationals quarantined in Durg as a precautionary measure. State health minister assures preparedness, with hospitals and facilities on alert. This heightened vigilance follows WHO's classification of outbreaks in Uganda and DRC as a Public Health Emergency of International Concern.
Traffic diversions and restrictions announced for Chief Ministerโs visit to Koheda on June 6 to facilitate security arrangements and movement of dignitaries
Delhi Police is investigating Lovkesh Bajaj, linked to a deadly Hauz Rani fire, for suspected involvement in an international human trafficking racket. He allegedly used medical tourism as a front to smuggle foreigners into India, having previously been arrested for facilitating forged documents for a Bangladeshi family.
Prime Minister Narendra Modi visited Larsen & Toubro's Armed Systems Complex in Surat, reviewing advanced defence equipment and indigenous armoured vehicles. He was briefed on 'Zorawar', India's first indigenous light battle tank designed for mountainous terrains and rapid deployment along the LAC.
Envisioned by Sadhguru, the broader Save SoilโCauvery Calling initiative aims to facilitate the planting of 242 crore trees on farmlands across the river basin
New Delhi: State-run oil companies will sell E85 fuel โ a blend of 85% ethanol and 15% petrol โ at a discount of Rs 20 per litre to offset the biofuelโs lower energy content, Oil Minister Hardeep Singh Puri said on Friday after inaugurating an E85 dispensing facility at a Delhi petrol pump.The government plans to roll out E85 fuel in phases, with 500 fuel stations targeted by the end of this year and 5,000 by the end of 2027 across India, Puri said.Indian Oil already has a network of 400 fuel stations that can dispense E100 fuel, or pure ethanol with no mix of petrol, across Delhi, Uttar Pradesh, Maharashtra, Karnataka, and Tamil Nadu.Also Read: India to launch E85 fuel today in push for flex fuel mobilityEthanolโs energy content is about one-third lower than that of petrol. To compensate for this, E85 users will receive a Rs 20 per litre discount compared with E20, the regular fuel blend sold across the country that contains 20% ethanol and 80% petrol.The E20 blend will continue to be available at all fuel stations, as most vehicles currently on Indian roads can use blends of up to 20% ethanol.In recent days, Maruti Suzuki and Hero MotoCorp have each launched one vehicle model capable of running on E85 fuel.The simultaneous rollout of compatible vehicles and fuel dispensing infrastructure will help accelerate E85 adoption, Puri said, adding that there was a โpretty compelling caseโ for shifting to E85 because it would be cheaper, lower emissions and reduce dependence on fuel imports.
PM Modi visited the AM Naik Heavy Engineering Complex, L&T's state-of-the-art manufacturing facility, and was shown around the facility by the company officials
Sources say it will take several days for the team to complete the inspection while spot checks have also been carried out at the drug storage facilities in MGMGH
The Sudanese national, a student in his 20s, was referred to Gandhi Hospital on Thursday evening from a private health facility, authorities said.
The owner of a Malviya Nagar hotel where a fire killed 21 people was previously arrested in 2025 for allegedly facilitating the illegal stay of Bangladeshi nationals. Lovkesh Bajaj admitted to knowingly allowing individuals to use his address for fraudulent Indian identity documents in exchange for money. Police are now investigating his role in the deadly hotel fire.
The shares of metals major Tata Steel dropped nearly 3% on Friday after a fire broke out at the companyโs plant at Port Talbot in UK late on Wednesday, forcing the company to temporarily halt operations at part of the site.Large plumes of smoke were visible from the site and could be seen across the surrounding area, BBC reported, adding that emergency services remained at the scene on Thursday and were working to manage the incident.Tata Steel UK meanwhile said that all personnel were evacuated safely from the affected area. It added that the incident was not related to the safe and successful demolition of the empty, redundant gas holder earlier yesterday evening. The Mid and West Wales Fire Service attended the site while emergency services worked with local teams to completely extinguish the fire, the company further said.The 3.2 million tonne facility is transitioning to an electric arc furnace with an investment of ยฃ1.25 billion, with the help of aid from the local government. It is expected to be commissioned by the end of 2027. Tata Steel has completed major demolition work of the blast furnaces for the transition, and is currently working on fabrication and delivery of equipment.Also read: Tata Steel eyes 9% India sales growth this fiscalIn October 2024, Tata Steel ceased iron making operations at its Port Talbot site and temporarily paused steel manufacturing, pending the construction of a 3.2 MTPA electric arc furnace. What this means for Tata Steel share priceICICI Direct highlighted that the fire has reportedly been contained, although the extent of the operational impact is yet to be assessed. โWhile the incident is sentimentally negative, the UK operations contribute a relatively small share to Tata Steel's overall business, and hence the impact on the company's overall performance is expected to be limited. We await further clarification from the company regarding any operational disruptions or financial implications arising from the incident,โ it added.Tata Steel share priceTata Steel shares tumbled more than 3% to trade at Rs 204 apiece on Friday afternoon. The shares of the company have fallen around 2% in one week and 3% in one month. The stock is however up more than 12% in 2026 so far.In the longer term, Tata Steel shares jumped more than 29% in one year, 87% in three years and over 82% in five years. The company currently has a market capitalisation of more than Rs 2.55 lakh crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Shrutika Baranwal was among the 21 people killed on Wednesday in the massive fire that tore through a BnB facility in south Delhi's Malviya Nagar.
As India sees incessant FII selloff so far this year, the government and RBI announced a slew of measures to ease foreign investments in government securities, with analysts suggesting that these may provide some short-term support for Dalal Street.India scrapped the long-term capital gains tax on investments by foreign institutional investors (FIIs) in government securities through an ordinance issued on Friday. The government has now exempted FIIs from tax on any interest income from government securities, as well as capital gains arising from their sale, exchange or transfer, according to an official gazette. Separately, while announcing the outcome of the MPC meeting, RBI Governor Sanjay Malhotra also unveiled a series of measures to boost FPI investments, including expanding the Fully Accessible Route (FAR) to cover new issuances of 15-, 30- and 40-year government bonds.Limits on investments by NRIs and OCIs in equity instruments without Sebi registration are being raised, allowing them to invest larger amounts without regulatory registration. The facility is also proposed to be extended to all Persons Resident Outside India (PROIs), bringing them on par with NRIs and OCIs. This came as the RBI kept the repo rate unchanged at 5.25%What does this mean for Indian stock market?The proposal to increase investment limits for NRIs and OCIs in listed equity instruments without Sebi registration, and to extend the same facility to all individual Persons Resident Outside India (PROIs), is a significant step toward broadening participation in Indian capital markets, which is expected to improve market depth, liquidity and long-term capital inflows, said Arun Poddar, CEO of Choice International.He highlighted that equally important is the removal of capital gains tax on government securities investments for foreign investors. โThis move strengthens the attractiveness of India's bond market and could encourage greater foreign participation in government debt. At a time of heightened global volatility, these measures reinforce investor confidence, support capital inflows, and reaffirm India's commitment to building deeper, more globally integrated financial markets, with the policy rate expected to remain low for an extended period,โ he said.The government's move to exempt Foreign Institutional Investors (FIIs) from capital gains tax on any interest earned from government securities is โhighly positiveโ for the capital markets, said Sumit Singhania, Head of Research at Bajaj Broking. โThis fiscal cushion arrives at a crucial time, offering a strong shield to domestic markets as the RBI chief warned of volatile forex markets driven by shifting global sentiments,โ he added.The policy is distinctly positive for bond markets and well-capitalized Banks and NBFCs, which benefit from targeted hedging subsidies and systemic stability, according to Archit Doshi, Senior Vice President at PL (Prabhudas Lilladher) AMC. โConversely, one should be underweight rate-sensitive sectors, which remain highly vulnerable to margin compression, higher inflation expectations, and the threat of the RBI reaching its tightening tipping point,โ he said.Rajeev Radhakrishnan, CFA, CIO of Fixed Income at SBI Mutual Fund, also said that the announcements aimed at enabling more dollar inflows are more significant in the near term, even though the overall policy stance has been broadly in line with expectations. โThe concessional swap facility should help stabilise short end market rates and the foreign exchange market in the near term,โ he said.For equities and debt markets, the measures to attract FII inflows are supportive of liquidity and inflows, while for the rupee, they signal a clear intent to anchor expectations and reduce volatility amid global oil shocks and sustained foreign selling pressure, said Ajit Mishra, Senior VP of Research at Religare Broking.Sachin Bajaj, Chief Investment Officer at Axis Max Life Insurance, also said that the initiatives are expected to support capital inflows, deepen domestic bond markets, and provide support to the Indian rupee over the short to medium term.RBIโs hawkish tone and the Indian stock marketWhile the measures taken to attract FII inflows in the debt market will likely provide short-term support for Dalal Street, analysts advised caution over the RBIโs hawkish policy stance. While the RBI maintained its policy repo rate as per expectations, the tone was much more cautious than in previous meetings.Sachin Bajaj highlighted that the policy emphasised preserving macroeconomic stability amid the prevailing global macroeconomic environment. โWe believe there are significant risks to inflation in the coming months due to the pass-through of higher commodity prices to consumers and elevated food prices resulting from a below-normal monsoon. Going forward, there is a risk of an upward revision in inflation projections, and given the evolving global backdrop, we believe the RBI is likely to maintain a prudent, data-dependent approach. Future policy actions will be contingent on evolving growth-inflation dynamics and global developments,โ he added.Also read: Explained: Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsWhile hawkish rhetoric without an accompanying rate hike provides a temporary respite for equity markets, it does not constitute an unequivocal endorsement of investment, particularly in highly rate-sensitive sectors such as real estate, automotive, and consumer discretionary goods, said Vipul Bhowar, Senior Director, Head of Equities at Waterfield Advisors.โShould inflation necessitate a rate increase later this year, these sectors are likely to experience pressure on both margins and demand. For investors, the current strategy emphasises capital preservation by focusing on high-quality equities with strong pricing power. This cautious approach is designed to navigate the prevailing geopolitical uncertainties until conditions stabilise,โ the analyst added.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
CBSEโs post-result grievance portal has received over 70,000 applications for verification and re-evaluation within days of launch, even as it faced repeated cyberattack attempts. The Board reported 7,314 verification and 63,119 re-evaluation requests. Despite a DDoS attack and millions of access requests, security systems including WAF and DDoS mitigation kept the portal functional. The facility supports Class 12 students reviewing scanned answer books under the new On-Screen Marking system and post-result process rollout framework structure.