Lok Sabha passed a bill exempting Foreign Institutional Investors from income tax on interest and capital gains from government securities. The move, effective April 1, 2026, aims to attract long-term foreign capital and deepen the bond market. Foreign investors in Indian government bonds will get an income-tax exemption on interest earnings and capital gains under … Read more
India’s life insurers recorded a 21% YoY rise in new business premium to Rs 47,004.84 crore in July 2026. The growth was primarily driven by a 31% surge in group single-premium collections, while recurring individual business saw a moderate 9% rise. India’s life insurers recorded a nearly 21 per cent year-on-year rise in new business … Read more
The sell-off came after the buy-now-pay-later company reported second-quarter results on Thursday that topped estimates and raised full-year guidance. The company, however, signaled moderating expansion in the second half of the year. Executives indicated revenue growth would slow to about 30% in the second half. Keefe Bruyette & Woods lowered its price target on Sezzle … Read more
The reported contract would mark the Pentagon’s first production order for a directed-energy counter-drone system beyond the prototype stage. The U.S. Army plans to buy dozens of Locust systems from AeroVironment, Bloomberg reported. The AI-assisted Locust system uses a high-energy laser to track, identify, and help operators destroy small- to medium-sized drones. Stocktwits retail traders … Read more
On National Handloom Day, Uttarakhand CM Dhami & UP CM Adityanath hailed weavers. PM Modi also celebrated India’s vibrant handloom heritage, assuring continued support for the sector, a key pillar of rural empowerment and ‘Aatmanirbhar Bharat’. Uttarakhand Chief Minister Pushkar Singh Dhami has extended his greetings on the occasion of ‘National Handloom Day’, celebrating the … Read more
India urged a humanitarian approach to the fishermen issue during Foreign Secretary Vikram Misri’s Sri Lanka visit. Discussions also covered development cooperation, with India extending new Line of Credit agreements for railways and other sectors. Humanitarian Approach to Fishermen Issue Urged India said on Friday that it reiterated the need for a humanitarian approach to … Read more
The transaction will bring Space-Eyes’ to public markets with real-time situational awareness for governments and enterprises to monitor and respond to mission critical threats across land, sea and air< Eric Trump announced as an investor and strategic adviser with deep experience in identifying and growing U.S. innovations in defense technology< Proposed transaction is expected to … Read more
Take-Two topped Wall Street’s revenue and earnings estimates in the fiscal first quarter. The company reiterated its fiscal 2027 net bookings outlook of $8 billion to $8.2 billion. During a call with analysts, Zelnick said GTA 6 had an “exceptional start to pre-orders,” which kicked of on June 25. In Q1, net bookings fell 3% … Read more
Actor and BJP member Rupali Ganguly is under fire for wishing PM Modi was a ‘dictator.’ Her comment was a reaction to a viral video of a minor protester at Jantar Mantar, triggering widespread criticism from social media users. Actor and BJP member Rupali Ganguly has come under criticism on social media after her ‘dictator’ … Read more
Union Minister Hardeep Singh Puri defended India’s fuel network as resilient, citing minimal contamination in E20 petrol tests. He highlighted network expansion, diversified sourcing, and excise cuts that kept fuel prices affordable and stable. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said India’s fuel retail network had remained fully resilient … Read more