Seven Indian startups to receive Rs 30 lakh each, post-funding mentoring: Ministry

IANS | July 3, 2026 5:08 PM

New Delhi, July 3 (IANS) Seven Indian startups -- selected under the Department for Promotion of Industry and Internal Trade (DPIIT)-backed FICCI Mercedes-Benz Bharat Innovation & Business Ideas Challenge Programme -- will receive structured post-funding mentoring and handholding support to accelerate their growth and improve investment readiness, the Ministry of Commerce & Industry said on Friday.

Centre clears Rs 52,000 crore procurement to boost armed forces' capabilities

IANS | July 3, 2026 4:33 PM

New Delhi, July 3 (IANS) The Defence Acquisition Council (DAC) -- chaired by Defence Minister Rajnath Singh -- accorded Acceptance of Necessity (AoN) for capital acquisition proposals worth about Rs 52,000 crore to strengthen the operational capabilities of the Army, Navy and Air Force, the government said on Friday.

Limitations of Pakistan’s crypto diplomacy with US come to the fore

IANS | July 3, 2026 4:33 PM

New Delhi, July 3 (IANS) US President Donald Trump’s recent disclosure about his earnings after taking over the country’s top post clearly reveals that Pakistan has earned his goodwill by backing his crypto enterprise, but is it durable or even beneficial for the country?

India must strengthen carbon markets as EU CBAM reshapes trade: Industry

IANS | July 3, 2026 4:16 PM

New Delhi, July 3 (IANS) India must strengthen domestic carbon markets and green finance and help micro, small and medium enterprises meet compliance costs as the European Union’s Carbon Border Adjustment Mechanism (CBAM) reshapes export competitiveness, industry experts said on Friday.

Should allocate 15 pc of IT budget to cybersecurity: MeitY Secretary

IANS | July 3, 2026 3:56 PM

New Delhi, July 3 (IANS) At least 15 per cent of the government IT budget should be earmarked for cybersecurity, Secretary of the Ministry of Electronics and Information Technology (MeitY), S. Krishnan, said on Friday, saying that cybersecurity cannot be treated as an afterthought and must be built into digital systems by design.

Banks register rise in NRI deposits under RBI’s new scheme

IANS | July 3, 2026 3:36 PM

Mumbai, July 3 (IANS) Banks have registered a gradual increase in the flow of overseas funds after the rollout of the Reserve Bank of India's (RBI) revised Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme, and expect collections to accelerate further this month as awareness among NRIs is growing.

Homebuyer affordability steady in 6 of 8 Indian cities

IANS | July 3, 2026 3:26 PM

New Delhi, July 3 (IANS) Homebuyer affordability remained broadly supportive across India’s residential markets during H1 2026, aided by cumulative monetary easing of 125 basis points, with Ahmedabad the most affordable among the top eight cities, a report said on Friday.

How BAT-BMS and similar apps banned by govt can remotely stop e-rickshaws

IANS | July 3, 2026 3:12 PM

New Delhi, July 3 (IANS) The mobile applications, including Chinese BAT-BMS, have come under scrutiny after videos circulating on social media allegedly showed individuals remotely switching off moving e-rickshaws using their smartphones, raising concerns over safety and cybersecurity.