NTPC to kick off work for new nuclear power plant in Rajasthan next month

IANS | August 24, 2025 7:54 PM

New Delhi, Aug 24 (IANS) Government-owned power giant NTPC Ltd will kick off its foray into nuclear power with the laying of the foundation stone for the construction of a 2,800 megawatt (MW) nuclear power plant at Banswara in Rajasthan next month, the company’s Chairman and Managing Director Gurdeep Singh said here on Sunday.

State-owned oil firms report strong Q1 results; profits jump over 2.5 times

IANS | August 24, 2025 6:35 PM

Mumbai, Aug 24 (IANS) State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) has reported strong profits in the April-June quarter of the current financial year (Q1 FY26), thanks to higher petrol and diesel margins.

'US needs to follow UK approach to forge trade deal with India'

IANS | August 24, 2025 2:20 PM

New Delhi, Aug 24 (IANS) US President Donald Trump’s recent executive order imposing a 50 per cent tariff on Indian imports for India’s purchase of Russian oil threatens to unravel decades of carefully nurtured US-India strategic ties with this punitive approach risking alienating India, a democratic powerhouse and key ally in countering terrorism and balancing China’s influence in the Indo-Pacific, according to an article.

After SBI, Bank of India tags Anil Ambani, RCom accounts as ‘fraud’

IANS | August 24, 2025 11:35 AM

Mumbai, Aug 24 (IANS) Days after the State Bank of India (SBI) declared Reliance Communications’ (RCom) accounts as ‘fraud’, the Bank of India (BOI) has also classified the loan accounts of the company, its promoter Anil Ambani, and Reliance Telecom as fraudulent, the company informed stock exchanges on Sunday.