DRI cracks pan-India smuggling racket, seizes Rs 10.36 crore gold

IANS | September 28, 2026 3:56 PM

New Delhi, Sep 28 (IANS) The Directorate of Revenue Intelligence (DRI) has busted a pan-India gold smuggling syndicate that allegedly used courier networks to transport smuggled gold across the country, seizing 6.61 kg of foreign-origin gold worth about Rs 10.36 crore and arresting 11 persons, including one of the alleged masterminds, according to an official statement on Monday.

India's strong macro fundamentals cushion global risks: Report

IANS | September 28, 2026 3:23 PM

New Delhi, Sep 28 (IANS) Strong domestic fundamentals amid elevated global macroeconomic risks are creating a divergent investment landscape for investors, a report said on Monday which has retained a neutral stance on equities while continuing to favour midcap and smallcap stocks.

Brent crude may spike to $120 if Hormuz disruption deepens: Report

IANS | September 28, 2026 2:25 PM

New Delhi, Sep 28 (IANS) Brent crude prices are likely to remain elevated through the second half of FY27 and could rise to $120 per barrel with geopolitical tensions in West Asia continuing to pose significant upside risks to global energy markets, a report said on Monday.

India exploring UAE as key LNG, LPG source: Piyush Goyal

IANS | September 28, 2026 2:25 PM

Mumbai, Sep 28 (IANS) India is exploring the possibility of strengthening its energy partnership with the United Arab Emirates (UAE) by sourcing more liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Gulf nation, while also working on expanding strategic petroleum reserves to bolster the country's energy security, Commerce and Industry Minister Piyush Goyal said on Monday.

India’s 4G smartphone shipments to grow 3 pc as price gap with 5G widens

IANS | September 28, 2026 2:15 PM

New Delhi, Sep 28 (IANS) India’s 4G smartphone shipments are expected to grow 3 per cent year‑on‑year after a 48 per cent year‑on‑year decline in 2025 and its share in the overall market is rising to 13 per cent in 2026 from 11 per cent in 2025, a report said on Monday.

GARC upgrading vehicle testing under PM E-DRIVE scheme

IANS | September 28, 2026 1:49 PM

New Delhi, Sep 28 (IANS) The Global Automotive Research Centre (GARC) at Oragadam in Chennai, functioning under the National Automotive Board, has started installing new state-of-the-art equipment for upgrading its testing infrastructure to strengthen capabilities for emerging electric and advanced vehicle technologies in India, according to an official statement issued on Monday.

How PM-MKSSY is insuring India’s Blue Economy

IANS | September 28, 2026 1:36 PM

New Delhi, Sep 28 (IANS) India’s total fish production has more than doubled from 9.6 million tonnes (2013–14) to 19.8 million tonnes (2024–25), with inland production shooting up to 14.74 million tonnes (2024–25) from 6.1 million tonnes in 2013–14, representing a transformation that few sectors can rival, a government factsheet said on Monday.