India should replicate smartphone export success across industries: Amitabh Kant

IANS | July 30, 2025 10:26 AM

New Delhi, July 30 (IANS) India must replicate its success in becoming a major smartphone exporter in 10 other manufacturing sectors by partnering with global companies and becoming an integral part of the worldwide supply chains, said Amitabh Kant, Non-Executive Director on the Board of InterGlobe Aviation, on Wednesday.

India doubles down on domestic production of critical minerals

IANS | July 30, 2025 9:21 AM

New Delhi, July 30 (IANS) In order to boost domestic production and reduce India’s dependence on imported lithium, cobalt and other key materials required for EV batteries, the government has taken several significant steps, including the National Critical Mineral Mission (NCMM) and enhancing the exploration of critical minerals.

Blue Dart’s Q1 net profit falls 8.6 pc to Rs 48.8 crore

IANS | July 29, 2025 9:19 PM

Mumbai, July 29 (IANS) Logistics major Blue Dart Express Limited on Tuesday reported an 8.6 per cent decline in its net profit for the first quarter ended June 30 (Q1 FY26), as higher employee and finance costs weighed on earnings.

No change in tax rates under Income Tax Bill 2025: IT Department

IANS | July 29, 2025 8:20 PM

New Delhi, July 29 (IANS) The Income Tax Department on Tuesday issued a clarification on the proposed Income Tax Bill 2025, saying that it is only meant to simplify language and remove redundant or outdated provisions, and does not propose any change in tax rates.

DGCA flags 51 safety lapses at Air India

IANS | July 29, 2025 7:34 PM

New Delhi, July 29 (IANS) The Directorate General of Civil Aviation (DGCA) has found 51 safety lapses in Air India’s operations during its annual audit, raising fresh concerns over the airline’s compliance with mandatory aviation safety norms.

IMF revises India’s GDP growth upward to 6.4 pc for FY26 and FY27

IANS | July 29, 2025 6:59 PM

New Delhi, July 29 (IANS) India is projected to see 6.4 per cent GDP growth in FY26 and FY27, with both numbers revised slightly upward, reflecting a more benign external environment than assumed in the April reference forecast, the International Monetary Fund’s (IMF) World Economic Outlook (WEO) report said on Tuesday.