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Poverty on rise in Bangladesh amid political instability, Yunus fails to deliver: Report

Oct 29, 2025

New Delhi, Oct 29 (IANS) Poverty is on the rise in Bangladesh as the political instability in post-Hasina Bangladesh has led to a decline in investment and industrial growth, according to an article in the Asian Lite newspaper.The article cites World Bank figures which show that economic growth has slowed to 4 per cent in FY25. Due to this, the…

India’s economic growth linked to energy, maritime sectors: Hardeep Puri

Oct 29, 2025

Mumbai, Oct 29 (IANS) Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Wednesday that India’s rapid economic growth is closely connected to the progress of its energy and shipping sectors, which together serve as strong…

Business

Sensex, Nifty end higher on India-US trade deal hopes and positive global cues

Oct 29, 2025

Mumbai, Oct 29 (IANS) Indian stock markets closed higher on Wednesday, supported by strong global cues and optimism ahead of the US Federal Reserve’s policy decision. Investor sentiment also improved following reports that the US President…

Business

Scheduled commercial banks record 11.3 pc loan growth in Q2: Report

Oct 29, 2025

New Delhi, Oct 29 (IANS) Scheduled commercial banks (SCBs) recorded an 11.3 per cent year-on-year (YoY) increase in net advances in Q2 FY26, driven by momentum in retail and MSME lending, a report said on Wednesday.According to the report…

Business

Govt issues framework to prevent service disruption during transfer of M2M SIM ownership

Oct 29, 2025

New Delhi, Oct 29 (IANS) The Department of Telecommunications on Wednesday issued an Office Memorandum notifying a framework for transferring ownership of machine-to-machine (M2M) SIMs between M2M service providers or licensees.The new…

Business

India must lead, not follow in next industrial revolution: NITI Aayog’s Suman Bery

Oct 29, 2025

New Delhi, Oct 29 (IANS) NITI Aayog Vice Chairman Suman Bery said on Wednesday that India must lead, not follow in the next industrial revolution, which will be defined by industries such as green hydrogen, electric mobility, semiconductors…

Business

Frontier tech can help manufacturing contribute 25 pc to GDP, create 100 million jobs: NITI Aayog

Oct 29, 2025

Mumbai, Oct 29 (IANS) Harnessing frontier technologies like AI, Advanced Materials, Digital Twins, and Robotics can help manufacturing contribute over 25 per cent to India’s GDP, creating more than 100 million jobs, and positioning the…

Business

Power-focused IFCs set to seize India’s energy transition opportunity, stay profitable

Oct 29, 2025

New Delhi, Oct 29 (IANS) Power-focused infrastructure finance companies (P-IFCs) will maintain their profitability momentum in the near term with "return on total assets (RoTA) stable in the range of 2.7 per cent to 2.9 per cent," according…

Business

Employee suicide case: Advocate calls Ola Electric ‘worse than East India Company’ during hearing

Oct 29, 2025

Bengaluru, Oct 29 (IANS) The Karnataka High Court on Wednesday heard a plea by Ola Electric CEO Bhavish Aggarwal seeking to quash an abetment to employee suicide case filed against him. During the hearing, advocate Prasanna Kumar, who…

Business

Viksit Maharashtra 2047: State govt sets an ambitious target of building $5 trillion economy

Oct 29, 2025

Mumbai, Oct 29 (IANS) The BJP led government in Maharashtra has set an ambitious target of building a $5 trillion economy by 2047 from the present level of over $530 billion economy by ensuring regional economic balance, equitable sectoral…

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