India’s ‘swadeshi’ milestone: PM Modi to launch BSNL’s indigenous 4G network, commission 97,000 mobile towers— What we know

PM Modi to launch 4G ‘network stack’ on Saturday (File photo) NEW DELHI: Prime Minister Narendra Modi will launch BSNL’s Swadeshi 4G ‘network stack’ on September 27, making India one of the few countries that manufacture their own telecom equipment, alongside Denmark, Sweden, South Korea, and China.This launch is a major milestone for India’s telecom…

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India bets on green infra: Rs 500 crore allocated to develop hydrogen highways; ‘Moment to lead in clean fuels,’ says Gadkari

India to develop hydrogen highways, says Nitin Gadkari (ANI photo) NEW DELHI: Road Transport and Highways Minister Nitin Gadkari on Thursday announced the launch of India’s first hydrogen highways, marking a major step toward clean, long-haul transport and reduced crude oil dependence. Speaking virtually at the World Hydrogen India event hosted by S&P Global Commodity…

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Reducing Russian crude imports: India wants US to allow oil from Iran, Venezuela; 25% penal tariffs in focus

Since the Russia-Ukraine conflict began in 2022, India has significantly increased its crude oil imports from Russia. (AI image) India, faced with 25% additional penal tariffs for its crude trade with Russia, has reportedly asked the US to allow oil imports from Iran and Venezuela.Following international sanctions due to the Ukraine conflict, Russia began offering…

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India-US trade deal: Commerce Ministry shares update on Piyush Goyal’s visit; says aim to ‘achieve early conclusion’

A delegation headed by Piyush Goyal conducted an official visit to the US from September 22-24, 2025. (AI image) India-US trade deal talks: India and the US have decided to continue working towards an early conclusion to the trade agreement, according to a statement by the Ministry of Commerce & Industry.Sharing an update on Commerce…

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Boost for IAF! HAL looks to secure billion-dollar GE engine deal for LCA Tejas Mk1A; India-US defence ties in focus

India is on track to finalise a $1 billion deal with US aerospace firm General Electric (GE) for 113 F404-IN20 fighter jet engines, as negotiations between the two countries continue.The engines will power India’s indigenous LCA Tejas Mk1A, supporting the government’s Atmanirbhar Bharat defence initiative.Dr DK Sunil, HAL chairman and managing director, told ANI, “We…

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Indian Railways revises contract conditions: Introduces localisation, price variation clauses; compliance with GST norms in focus

Indian Railways has revised its standard conditions of contract for tenders, introducing localisation and price variation clauses while emphasizing maintenance during contract execution, officials said. The changes aim to make procurement more flexible and reduce litigation.“Contractors can replace faulty or rejected goods within 60 days of being informed of defects. They had just 21 days…

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Unclaimed money in mutual funds shot up 20% in 2024-25: Over Rs 3,400 crore of unclaimed dividend, redemptions lying with MFs, says SEBI

This growing pile of unclaimed wealth reflects not just investor negligence but also structural issues that need attention. Unclaimed money in mutual funds has touched worrying levels. According to the Sebi annual report, dividends and redemption proceeds lying unclaimed with mutual fund houses shot up to Rs 3,452 crore in 2024-25, up 20% from Rs…

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Trump’s 100% tariffs on pharma: Sun Pharma, Biocon, Cipla & other pharmaceutical stocks tank; jitters on D-Street

Several prominent Indian pharmaceutical firms, including Sun Pharma, Dr. Reddy’s Laboratories, Cipla, Lupin, Aurobindo Pharma, and Zydus Lifesciences, maintain substantial export operations to the USA. (AI image) Pharma stocks hit by Trump’s tariffs: Pharmaceutical stocks declined sharply by up to 5% on Friday, September 26, following US President Donald Trump’s declaration of imposing 100% tariffs…

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