New Delhi, July 2: India’s automobile sector is projected to continue its strong growth trajectory in the financial year 2026–27 (FY27), supported by steady demand across key segments, according to a recent industry report. The report states that passenger vehicles, two-wheelers, and commercial vehicles are expected to drive overall growth,…
Continue ReadingLargest disposable hygiene product contract manufacturer, Swara Baby files DRHP with SEBI for Rs 1000 Crore IPO
Bengaluru, July 02: wara Baby, India’s largest contract manufacturer by value in FY25 of disposable hygiene products including baby diapers, adult diapers and sanitary napkins, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The IPO comprises of a fresh issue of equity shares of face value ₹ 2 each aggregating…
Continue ReadingCentre Fiscal Deficit Widens to INR 1.62 Trillion in Apr–May FY27
New Delhi, July 2: India’s central government fiscal deficit widened to ₹1.62 trillion during April–May of FY27, driven by higher expenditure on subsidies and increasing interest payments, according to a recent report. The rise in deficit reflects increased government spending in key welfare and financial obligation areas during the initial…
Continue ReadingISRO Bengaluru Facility Evacuated After Hoax Bomb Threat Email
Bengaluru, July 2: The Indian Space Research Organisation (ISRO) received a hoax email claiming the presence of a bomb at its new BEL Road facility in Bengaluru, prompting immediate precautionary action. Following the threat alert, the premises were evacuated as a safety measure while security agencies conducted preliminary checks. Officials…
Continue ReadingMeghalaya Records 74 pc Rainfall Deficit, Highest in Northeast: IMD
Shillong, July 2: Meghalaya has recorded a monsoon rainfall deficit of 74 per cent, the highest among northeastern states, according to the India Meteorological Department (IMD). The significant shortfall highlights uneven monsoon performance across the region, with several areas receiving substantially below-normal rainfall so far this season. Meteorological data indicates…
Continue ReadingOdisha Government Declares Odia Film ‘Aafaa’ Tax-Free to Promote Organ Donation Awareness
Bhubaneswar, July 2 (UDN): The Odisha government has granted tax-free status to the Odia feature film ‘Aafaa’, recognising its powerful social message on organ donation and its potential to inspire public awareness, particularly among the youth. Chief Minister Mohan Charan Majhi approved the proposal on Wednesday, paving the way for…
Continue ReadingIndian Railways Freight Loading Rises 4 pc to 142.21 Million Tonnes in June
New Delhi, July 2: Indian Railways has reported a 4 per cent year-on-year increase in freight loading, reaching 142.21 million tonnes in June, reflecting steady growth in cargo movement across the national rail network. The rise in freight volumes highlights improved logistics efficiency and sustained demand from key sectors such…
Continue ReadingIndia’s Coal Output Rises 14.9 pc to 17.88 Million Tonnes in June
New Delhi, July 2: India’s coal production increased by 14.9 per cent year-on-year to 17.88 million tonnes in June, reflecting continued growth in domestic coal output and stable supply momentum across the sector. The rise in production highlights improved mining operations and sustained demand from key consuming sectors, particularly power…
Continue ReadingStock Markets Rise Sharply on Easing Crude Prices
Mumbai, July 2: Indian equity markets ended higher as easing crude oil prices boosted investor sentiment and supported gains across key sectors. The Sensex surged 579 points, while the Nifty index crossed the 24,175 mark, reflecting strong buying interest in auto, banking, and metal stocks. Market participants attributed the rally…
Continue ReadingGovt-Industry Meet Focuses on Global Growth of AYUSH Sector
New Delhi, July 2: The Government of India and key industry stakeholders held discussions to outline a roadmap for strengthening India’s global leadership in the AYUSH sector, focusing on Ayurveda, Yoga, Unani, Siddha, and Homoeopathy systems of medicine. The meeting highlighted the need to enhance research, innovation, quality standards, and…
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