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China’s subsea data centres pose ecological hazard: Report

Apr 16, 2026

New Delhi, April 16 (IANS) US experts have red flagged the commercial underwater data centres that China has started setting up as an environmental hazard, due to the release of intense heat in the surrounding sea which is likely to adversely impact neighbouring countries such as Vietnam and the Philippines.China has deployed its first commercial…

Sensex, Nifty end off highs as bank, auto stocks drag

Apr 16, 2026

Mumbai, April 16 (IANS) Benchmark equity indices Nifty and Sensex ended off their intra-day highs on Thursday as selling pressure in banking and auto stocks capped gains.However, investors also remained cautious ahead of further clarity on…

Business

8th Pay Commission: NC-JCM proposes 3.83 fitment factor, minimum pay may rise to Rs 69,000

Apr 16, 2026

New Delhi, April 16 (IANS) The National Council–Joint Consultative Machinery (NC-JCM) has proposed a steep uplift for minimum pay of Central government employees in its common memorandum to the 8th Pay Commission, one month's wages as…

Business

Indian Railways setting new benchmarks: PM Modi

Apr 16, 2026

New Delhi, April 16 (IANS) Prime Minister Narendra Modi on Thursday highlighted that Indian Railways has undergone a fundamental shift and is setting new benchmarks through sustained reforms and technology.In this context, he shared an…

Business

10-year yield may dip below 7 pc as GDP seen at 7.1 pc: Report

Apr 16, 2026

New Delhi, April 16 (IANS) India's benchmark 10-year government bond yield could ease below the 7 per cent mark by June, even as near-term volatility persists due to global and domestic factors, a report said on Thursday.As per the analysis…

Business

IMF cuts Pakistan growth forecast to 3.5 pc, raises inflation outlook

Apr 16, 2026

New Delhi, April 16 (IANS) The International Monetary Fund (IMF) lowered Pakistan’s economic growth forecast to 3.5 per cent for the fiscal year 2026-27 and raised its inflation outlook, a report has said.In its latest World Economic…

Business

HDFC AMC Q4 profit slips 19 pc sequentially; declares Rs 54 dividend

Apr 16, 2026

Mumbai, April 16 (IANS) HDFC Asset Management Company on Thursday reported a 19 per cent quarter-on-quarter (QoQ) decline in its consolidated profit for the March quarter (Q4 FY26), with earnings coming in at Rs 622.66 crore.The asset…

Business

India’s equity mutual fund AUM rises 17.38 pc in March

Apr 16, 2026

New Delhi, April 16 (IANS) Equity‑oriented mutual funds saw a robust 17.38 per cent year‑on‑year (YoY) increase in average assets under management in March, driven by strong flows into flexi Cap, mid Cap and thematic funds, a report said on…

Business

Gujarat accounts for 8.3 pc of India’s GDP, says CM Patel at trade expo inauguration

Apr 16, 2026

Gandhinagar, April 16 (IANS) Gujarat contributes 8.3 per cent to India’s gross domestic product (GDP), along with 18 per cent of the country’s industrial output and 31 per cent of exports, Chief Minister Bhupendra Patel said on Thursday…

Business

India-Austria partnership to get more innovation-centric and future-ready: PM Modi

Apr 16, 2026

New Delhi, April 16 (IANS) Prime Minister Narendra Modi on Thursday expressed confidence that the partnership between India and Austria will get "more innovation-centric and future-ready".PM Modi's statement came after he met Austrian…

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