No truth in claims of govt pressure on LIC, says ex-SEBI official

IANS | October 27, 2025 9:09 PM

New Delhi, Oct 27 (IANS) Questioning the authenticity of media reports claiming the government "pressured" LIC to invest up to $3.9 billion in the Adani Group, J.N. Gupta, former executive director of the Securities and Exchange Board of India (SEBI), on Monday said that there seemed to be a hidden agenda behind such reports.

India’s electronics sector poised for big leap to large-scale production

IANS | October 27, 2025 7:45 PM

New Delhi, Oct 27 (IANS) The approval of the first tranche of seven projects worth over Rs 5,500 crore under the Electronics Components Manufacturing Scheme (ECMS), announced by Union Minister Ashwini Vaishnaw on Monday, signals a strong push to deepen India’s electronics value chain. The initiative reflects the government’s focus on building a robust domestic base for high-value components to support large-scale manufacturing, according to an official statement.