RBI set to announce repo rate decision amid geopolitical tensions

IANS | October 7, 2026 9:12 AM

New Delhi, Oct 7 (IANS) The Reserve Bank of India’s Monetary Policy Committee (MPC) -- led by Governor Sanjay Malhotra -- is set to announce its bi-monthly interest rate decision on Wednesday amid challenging factors, including rising inflation and crude oil prices above $100 a barrel driven by Middle East tensions.

How India-UK economic ties can expand at regional level

IANS | October 6, 2026 9:11 PM

New Delhi, Oct 6 (IANS) The visit of a business delegation from the north of England to India offers an opportunity to shift the focus of bilateral economic engagement between the two nations from London to regional industries, universities and emerging centres of innovation, according to a media report.

Govt extends Rs 130 crore support to BigEndian for indigenous AI chip development

IANS | October 6, 2026 7:46 PM

New Delhi, Oct 6 (IANS) In a move aimed at advancing India's semiconductor ambitions, the Technology Development Board (TDB) under the Department of Science and Technology (DST) has signed an agreement with Bengaluru-based BigEndian Semiconductors to provide financial support of Rs 130 crore under the Research Development and Innovation (RDI) Fund.

Civil Aviation Secretary asks airlines to finalise Navi Mumbai Airport transition plan

IANS | October 6, 2026 5:52 PM

New Delhi, Oct 6 (IANS) The Ministry of Civil Aviation has reportedly directed domestic airlines and airport operators to submit a concrete transition plan for shifting operations to Navi Mumbai International Airport (NMIA), as discussions gather pace on the phased redevelopment of Terminal 1 at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai.

Structural reforms, e-commerce among key focus areas at GST Council meet

IANS | October 6, 2026 5:49 PM

New Delhi, Oct 6 (IANS) The GST Council is scheduled to meet on October 8 to take up the next phase of reforms in the indirect tax regime, which include proposals to speed up refunds, make it easier to register companies, and introduce a trust-based administration by taking a large number of offences out of the criminal provisions of the taxation law, according to sources.