KYIV, UKRAINE: President Volodymyr Zelenskyy shook up his wartime government, drawing thousands into the streets Thursday across Ukraine to protest the ouster of his youthful defense minister – seen as an innovator of the country’s successful drone technology but who clashed with the traditional military establishment. The personnel overhaul, which included replacing his prime minister,…
Representative image (File photo) MUMBAI: RBI has barred defaulting borrowers from buying back properties acquired by lenders to satisfy a defaulter’s debt, tightening norms for resolution of stressed accounts under its new directions effective Oct 1, 2026.Defaulters and their related parties, as defined under the Insolvency and Bankruptcy Code, 2016, cannot repurchase such assets from…
The Union Cabinet has approved amendments to the MSME Development Act to improve liquidity, strengthen the Udyam portal, decriminalise minor offences, and speed up payment resolution for small businesses. (Representative image) NEW DELHI: The Centre is planning to use new tools to enhance liquidity for micro, small and medium enterprises (MSMEs) and will move amendments…
NEW DELHI: Rising fuel prices and increased consumer interest in electric mobility have prompted JSW MG Motor India to double down on its new-energy vehicle strategy. Managing director Anurag Mehrotra said passenger vehicle EV penetration, which had slipped below 4% at the start of 2026, crossed 8% in June as higher fuel costs and growing…
NEW DELHI: Carmakers may soon have a new way to meet India’s fuel efficiency norms without relying solely on electrification, with the Centre proposing to reward a range of fuel-saving technologies under the draft Corporate Average Fuel Economy (CAFE)-III regulations.The draft norms, released by the power ministry for stakeholder consultation, have proposed to allow manufacturers…
Not every viral celebrity post is about a big achievement or a major announcement. Sometimes, it’s a small everyday habit that gets people talking. Sachin Tendulkar‘s latest Instagram video has done exactly that. The cricket legend shared a glimpse of a personal routine that has stayed with him for years, revealing that making his own…
NEW DELHI: In a major boost for India’s semiconductor startup policy, govt is redesigning its support framework under Semicon 2.0 and intends to move away from one-time grants to a model of larger, milestone-linked funding coupled with equity investments, alongside venture capital (VC) firms.On Wednesday, the cabinet approved Semicon 2.0 with an outlay of Rs…
Quote of the day by Socrates More than 2,400 years after his death, Socrates continues to shape the way people think about knowledge, ethics, leadership and even everyday conversations. Like so many of the famous philosophers, he never wrote a book. But his ideas so changed western philosophy that he is regarded as one of…
Representative image (IANS photo) India’s corporate earnings season for the April-June quarter, underway since last week, gathers pace through July, with Reliance Industries reporting on Friday and HDFC Bank, ICICI Bank and Kotak Mahindra Bank following on Saturday.Results so far show a mixed pattern. Profits have grown consistently, but some companies have missed analyst estimates.Corporate…
Stranded for 12 hours with no signal and fading hope, a father and son were rescued from one of Australia’s most remote corners by a billionaire A Melbourne father and son who were stranded for 12 hours without mobile phone coverage in the remote South Australian outback were rescued in an extraordinary way… by a…