Govt's eSaras platform boosts digital commerce for nearly 9 crore SHG members

IANS | July 11, 2026 8:27 PM

New Delhi, July 11 (IANS) As the Digital India programme completes 11 years, the government's eSaras platform is expanding digital market access for more than 8.99 crore registered Self-Help Group (SHG) members by enabling rural producers, women entrepreneurs and Farmer Producer Organisations (FPOs) to sell their products across the country through a trusted online marketplace, according to an official statement on Saturday.

HDFC Bank says legal review did not substantiate former chairman Atanu Chakraborty's claims

IANS | July 11, 2026 7:38 PM

New Delhi, July 11 (IANS) HDFC Bank has reaffirmed its commitment to the highest standards of corporate governance, saying an independent legal review found that the concerns raised by former chairman Atanu Chakraborty in his resignation letter were not substantiated by records reviewed and witness interviews, according to the bank's annual report released on Saturday.

Govt considers pilot AI data trust at IIT Hyderabad: Ashwini Vaishnaw

IANS | July 11, 2026 6:41 PM

Hyderabad, July 11 (IANS) The government is considering launching a pilot project to establish sector-specific data trusts at IIT Hyderabad to make high-quality Indian datasets available for artificial intelligence (AI) development, while ensuring secure and responsible access, Union Minister for Railways, Information and Broadcasting, and Electronics and Information Technology Ashwini Vaishnaw said on Saturday.

ONGC to develop 1.75 MMT strategic petroleum reserve at Mangaluru

IANS | July 11, 2026 6:08 PM

New Delhi, July 11 (IANS) State-run Oil and Natural Gas Corporation (ONGC) has received in-principle approval from its Board of Directors to develop a 1.75 million metric tonne (MMT) Strategic Petroleum Reserve (SPR) at Mangaluru as a project of national importance, in line with directives from the Ministry of Petroleum and Natural Gas (MoPNG).

SBI Funds Management flags AUM dependence, market volatility among key risks in IPO document

IANS | July 11, 2026 5:09 PM

New Delhi, July 11 (IANS) SBI Funds Management Ltd, whose Rs 11,693 crore initial public offering (IPO) opens on July 14, has dependence on assets under management (AUM), market volatility, concentration in a few mutual fund schemes, reliance on the SBI distribution network and regulatory changes among the key risks to its business, according to its Red Herring Prospectus (RHP).