The Union Cabinet on Wednesday approved investments totalling Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh, aimed at strengthening renewable energy capacity and regional infrastructure.The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, cleared the Kamala Hydro Electric Project (1,720 MW) and the Kalai-II Hydro Electric Project (1,200 MW),…
Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based…
The Union Cabinet on Wednesday approved Jaipur Metro Phase-2, a 41-km North–South corridor from Prahladpura to Todi Mod with 36 stations, at a total cost of Rs 13,037.66 crore, according to a government statement.The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture of the Centre and the Rajasthan…
Workplace trends are shifting from “quiet quitting” to “job hugging”, with employee engagement declining globally and sharply in South Asia particularly India, according to Gallup’s State of the Global Workplace 2026 report, as reported ET.Released on Wednesday, the report analysed employee mood and well-being across 160 countries and found that engagement has declined for the…
The Union Cabinet has approved a nutrient-based subsidy (NBS) of Rs 41,534 crore for the Kharif 2026 season, aimed at insulating farmers from global price volatility and ensuring affordable fertiliser availability.The government reiterated its commitment to shield farmers from fluctuations in international fertiliser prices, particularly amid elevated global rates due to Middle East crisis since…
Gold prices on Wednesday showed a mixed trend with futures trading higher while retail rates moved both up and down across cities.Data from the Multi Commodity Exchange (MCX) showed that the June contract rose Rs 3,236, or 2.15%, to Rs 1,53,525 per 10 grams, while the August contract gained Rs 3,498, or 2.29%, to Rs…
The High Court undertook a detailed scrutiny of the financial disclosures made by both parties. (AI image) In a detailed and socially grounded ruling, the Delhi High Court has reiterated that a father cannot evade his obligation to maintain his minor children by understating his income or making selective financial disclosures. The Court stressed that…
Adani group stocks surged up to 13% on Wednesday after Gautam Adani moved a US court seeking dismissal of the Securities and Exchange Commission’s (SEC) civil case. The move has boosted investor sentiment across Adani Group firms.The rally followed a development in a New York federal court, where lawyers representing Gautam Adani said that they…
Tracking data from LSEG showed that the vessel had earlier moved into Southeast Asian waters. (AI image) Amid the Middle East conflict, India is all set to get its first shipment of Iran crude oil in over seven years. The decision to buy comes as the Donald Trump administration has waived off sanctions on Iran…
Representative image (AI-generated) As the Iran-US ceasefire kicks in, global markets are witnessing a sharp shift across multiple sectors.US President Donald Trump announced a temporary two-week suspension of planned military strikes on Iran, linking the move to Iran’s willingness to reopen the Strait of Hormuz and engage in negotiations.Crude prices, which had surged above $100…