Cabinet approved 43.218 km Link/Connector Corridor connecting NH-31 and Varanasi Ring Road along the River Varuna . NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved two highway projects to further strengthen infrastructure in Varanasi (Kashi) by constructing a 43.2-km, predominantly 6/4-lane elevated corridor along the Varuna riverbank and a 46.04-km, predominantly…
MUMBAI: HDB Financial Services reported net profit of Rs 785.2 crore for the June 2026 quarter, up 38.3% from Rs 567.7 crore in the year-ago period, driven by steady growth in net interest income and a moderate rise in non-interest income alongside stable credit costs.Net interest income rose to about Rs 2,508.7 crore from Rs…
A common mistake investors make is replacing mutual funds solely because they underperformed over a short period. (AI image) The author is CEO of PaisabazaarFor many salaried individuals, a new financial year begins with bigger paychecks and bonuses. With higher income, the immediate instinct may be to invest in a new mutual fund scheme, increase…
Just as global energy supplies were beginning to stabilise after nearly four months of disruption, Iran has issued a fresh warning over the Strait of Hormuz. This time, however, the threat could extend far beyond the waterway.As tensions in the Middle East intensify again, Iran has warned that it could expand efforts to disrupt regional…
Union minister for road transport and highways Nitin Gadkari, defending the government’s ethanol-blending programme, said in an interview that motorists who dislike the blended fuel had another route open to them. “People who do not want ethanol-blended fuel can go for 100% petrol, but they will have to pay more,” he said. A worker fills…
The Union Cabinet on Wednesday approved seven major decisions covering infrastructure, semiconductor manufacturing, mobile phone production, fertiliser and railway projects. The package includes Semicon 2.0, the Mobile Phone Manufacturing Scheme (MPMS) and the National Investment Policy for Urea-2026, with a combined outlay of Rs 2,19,353 crore.The announcements came during a press briefing after the Cabinet…
Bhuvanaa Shreeram felt liberated when she started earning for herself more than 24 years ago. It meant she could begin repaying her education loan. She soon took the next logical step and got married, but then came a personal loan. Like many families, the couple bought a home with a housing loan, and a car…
In what is the clearest outline of a vision for Artificial General Intelligence (AGI) yet, Sir Demis Hassabis, Nobel Laureate as well as Co-Founder & CEO at Google DeepMind believes the technology is close, transformative, and too important to leave to market forces alone. The imminence and perceived civilisational significance, which he believes will “prove…
AI generated image, used only for representational purpose Dalal Street made a strong comeback on Wednesday, reversing previous session’s losses as improving tech sentiments, firmer rupee, and other geopolitical cues boosted investor confidence. BSE Sensex jumped 553 points to 77,603.57 in early trade, while NSE Nifty gained 148.15 points to 24,198.40. The recovery came a…
The Centre’s gross direct tax collections in 2026-27 up to July 13 saw a 16.11% year-on-year growth to around ₹7.74 lakh crore driven by higher corporate and non-corporate tax revenues, according to government data released on Tuesday. Despite significant non-corporate tax refunds, net direct tax collections in the period also jumped year-on-year by 16.4% to…
