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The government has proposed introducing Bharat Stage VII (BS-VII) emission standards for passenger vehicles from April 1, 2029, tightening pollution controls through new limits on exhaust emissions, real-world driving tests and battery durability requirements. According to a draft notification issued by the Ministry of Road Transport and Highways, the new rules would apply to category…
Representational file image. | Photo Credit: R. Vengadesh The Union Government, on Tuesday (October 13, 2026), constituted a four-member panel headed by former member of NITI Aayog Ramesh Chand to examine issues raised by sugarcane farmers and recommend “appropriate measures” for addressing their concerns. Representatives of sugarcane farmers from Karnataka and Maharashtra had met Union…
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Jio Platforms Ltd (JPL), the digital and telecom arm of Reliance Industries, filed its red herring prospectus on Wednesday (October 14, 2026) for an initial public offering that is widely expected to be India’s largest, Reliance said in a filing. The IPO is a fresh issue of up to 27 crore equity shares of ₹10…
Read More “Reliance’s Jio Platforms files final IPO prospectus; offer to open on October 21” »
Pankaj Agarwal, Secretary at the Union Power Ministry. Source: Special Arrangement. The government is set to roll out the National Electricity Data Sharing Framework in October to facilitate structured and secure data sharing in the power sector, Pankaj Agarwal, Secretary at the Union Power Ministry, said on Wednesday. A national-level data governance committee, comprising government…
The U.S. Food and Drug Administration (U.S. FDA) has issued five observations, post inspection, to the manufacturing plant of Zydus in Moraiya, Ahmedabad. The inspection was conducted from October 5-13 and closed with 5 observations. The company will closely work with the U.S. FDA to address the observations expeditiously, Zydus Lifesciences said on Tuesday. Published…
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Tata Trusts chairperson Noel Tata. File | Photo Credit: Reuters Tata Trusts chairperson Noel Tata and his son Neville have filed caveats in city courts in the row surrounding Venu Srinivasan and Vijay Singh, sources said on Wednesday (October 14, 2026). The caveats filed in the Bombay High Court and also in the Mumbai City…
A cashier holds Indian currency notes. File | Photo Credit: Reuters The rupee appreciated by 19 paise to close at 95.17 (provisional) against the U.S. dollar on Wednesday (October 14, 2026), registering the fourth straight session of gains, supported by Reserve Bank of India interventions aimed at easing near-term dollar demand and limiting speculative foreign…
Read More “Rupee rises 19 paise to close at 95.17 against U.S. dollar” »
Benchmark stock indices Sensex and Nifty closed lower on Wednesday (October 14, 2026) amid profit-taking after a sharp rally in the previous session, as a spike in wholesale price-based inflation and firm crude oil prices hit investor sentiment. The 30-share BSE Sensex declined 251.89 points, or 0.34% to settle at 72,781.89. During the day, it…
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The proposed sale of a combined 60.72% stake held by the government and Life Insurance Corporation of India (LIC) would transfer control of the lender to Fairfax. File. | Photo Credit: Reuters The Cabinet on Wednesday (October 14, 2026) approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings for ₹52,878…
The $672,102 export nightmare of a Bengaluru tech firm (for illustration) | Photo Credit: The Hindu A Bengaluru technology company says it is still waiting for $672,102 from an overseas customer for work completed more than 19 months ago, highlighting the financial risks smaller Indian technology exporters face when international clients fail to pay. Thiyagu…
Read More “India’s IT exports: Deliver the code, chase the cash” »