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Cabinet approves Container Manufacturing Promotion Scheme for Rs 10,000 crore

Oct 28, 2026

New Delhi, Oct 28 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Container Manufacturing Promotion Scheme (CMPS) with a budgetary outlay of Rs 10,000 crore up to FY 2039-40.The scheme aims to generate an estimated 3,000 direct jobs and over 50,000 indirect jobs, while supporting ancillary industries…

More countries switching from US dollar to local currencies in cross-border trade deals: Report

Oct 28, 2026

New Delhi, Oct 28 (IANS) Several countries are increasingly going for local currency transactions in cross-border trade instead of using the US dollar as an international currency across all deals. This could, in the long run, reduce the…

Business

India’s flex workspace market likely to double to 180 mn sq ft by 2030

Oct 28, 2026

New Delhi, Oct 28 (IANS) India's flexible workspace market is likely to see rapid expansion, with the country's top seven office market stocks expected to double from 90 million square feet in 2026 to 170-180 million square feet by 2030, a…

Business

Piyush Goyal congratulates Smit Machchhar for receiving UAE’s top bravery award

Oct 28, 2026

New Delhi, Oct 28 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday congratulated Flydubai pilot Captain Smit Machchhar for being honoured with the UAE’s prestigious 'First Class Order of Zayed II' decoration in recognition…

Business

Noel Tata to step down from 6 Tata Group Boards upon turning 70

Oct 28, 2026

Mumbai, Oct 28 (IANS) Noel Tata, chairman of Tata Trusts, is set to step down from the boards of six major Tata Group companies on November 12 when he turns 70, in line with the conglomerate's retirement policy for non-executive…

Business

Google Cloud brings production-ready AI to India’s small and mid-sized businesses

Oct 28, 2026

New Delhi, Oct 28 (IANS) Google Cloud on Wednesday showcased how artificial intelligence (AI) is helping India's small and mid-sized businesses improve productivity, streamline operations and accelerate growth, as it hosted Cloud Day India…

Business

Rural consumers tighten spending as Gen Z spends on new product categories

Oct 28, 2026

New Delhi, Oct 28 (IANS) Rural Indian consumers are becoming more cautious with spending amid pressure on household incomes and rising costs, even as younger shoppers continue to add new product categories to their purchase baskets, a…

Business

Seoul communications watchdog fines Google, Apple over in-app payment policies

Oct 28, 2026

Seoul, Oct 28 (IANS) South Korea's broadcasting and telecommunications regulator said on Wednesday it will impose a combined 63.7 billion won ($45 million) worth of fines on Google and Apple for restricting app developers' payment options…

Business

TN govt revises auto-rickshaw fares, fixes minimum charge at Rs 50

Oct 28, 2026

Chennai, Oct 28 (IANS) The Tamil Nadu government has revised auto-rickshaw fares for the Chennai Metropolitan Area and other parts of the state, fixing the minimum charge at Rs 50 for the first 1.8 km and Rs 25 for every subsequent km. The…

Business

Indian mutual fund industry’s average AUM rises 14.1 pc in Q2 FY27: Report

Oct 28, 2026

New Delhi, Oct 28 (IANS) India's mutual fund industry remained resilient in the second quarter of FY27 despite heightened market volatility, with quarterly average assets under management (QAAUM) rising 4.9 per cent sequentially, and 14.1…

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