Science & Tech News: Innovations

Adani’s proposed $10 billion investment in US a ‘game-changer’: Indian American leader

IANS | May 19, 2026 11:06 AM

Washington, May 19 (IANS) Indian-American community leader and former presidential adviser, Ajay Bhutoria, on Monday hailed the dismissal of criminal charges against the Adani Enterprises Ltd, calling it a “definitive legal victory” and describing the Adani Group’s proposed $10 billion investment in the United States as a “game-changer” for the American infrastructure and technology leadership.

Adani case closure a booster for India-US economic ties: USISPF

IANS | May 19, 2026 9:55 AM

Washington, May 19 (IANS) The resolution of the legal matter involving Adani Enterprises Ltd removes a major distraction from the growing India-US economic partnership, and could pave the way for fresh Indian investments in the United States, the US-India Strategic Partnership Forum (USISPF) said on Monday.

US lawmaker hails Treasury settlement with Adani Enterprises

IANS | May 19, 2026 9:25 AM

Washington, May 19 (IANS) Republican Congressman Lance Gooden has welcomed the $275 million settlement between the US Treasury Department and Adani Enterprises Limited, calling it a “very positive step” for the India-US ties and accusing the previous Joe Biden administration of pursuing a politically motivated case against the Indian conglomerate.

PM Modi attends India-Norway Business and Research Summit, several pacts signed

IANS | May 18, 2026 10:54 PM

Oslo/New Delhi, May 18 (IANS) Prime Minister Narendra Modi on Monday attended the India-Norway Business and Research Summit in Oslo, marking the growing momentum in bilateral economic cooperation following the coming into force of India-EFTA Trade and Economic Partnership Agreement.

US Department of Justice drops all charges against Adani, court dismisses case

IANS | May 18, 2026 10:45 PM

New York, May 18 (IANS) In yet another significant development, the US Department of Justice has permanently dropped all criminal charges against Gautam Adani and his nephew, Sagar Adani, in an alleged securities and wire fraud case.

RBI imposes restrictions on Etawah-based Nagar Sahakari Bank Ltd

IANS | May 18, 2026 10:04 PM

New Delhi, May 18 (IANS) The Reserve Bank of India (RBI) on Monday issued certain directions to Etawah-based Nagar Sahakari Bank Ltd, saying that the bank will not grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits without prior approval of RBI in writing.

Indian Railways unveils design of India’s 1st bullet train for Mumbai-Ahmedabad corridor

IANS | May 18, 2026 8:32 PM

New Delhi, May 18 (IANS) Indian Railways on Monday unveiled the design of India’s first bullet train, which will operate on the Mumbai-Ahmedabad High-Speed Rail (MAHSR) corridor.

Nearly 40 pc govt organisations will likely establish TrustOps by 2028 to counter deepfake

IANS | May 18, 2026 6:20 PM

New Delhi, May 18 (IANS) Nearly forty percent of government organisations across the globe will establish dedicated TrustOps functions by 2028 to combat deep fake identity impersonation and disinformation-as-a-service (DaaS), a report said on Monday.

India’s EV market surges 57 pc in Q1 2026: Report

IANS | May 18, 2026 5:14 PM

New Delhi, May 18 (IANS) India’s electric passenger vehicle market surged 57 per cent year‑on‑year in the first quarter of 2026, outpacing overall passenger vehicle growth of 13 per cent driven by superior charging infrastructure, competitive pricing and connectivity features, a report said on Monday.

OMCs still losing nearly Rs 750 crore daily despite fuel price hike: Petroleum Ministry official

IANS | May 18, 2026 5:04 PM

New Delhi, May 18 (IANS) State-run oil marketing companies continue to face severe financial pressure, with daily under-recoveries remaining close to Rs 750 crore despite the recent increase in fuel prices, Joint Secretary in the Ministry of Petroleum and Natural Gas, Sujata Sharma said on Monday.

science-tech

Adani’s proposed $10 billion investment in US a ‘game-changer’: Indian American leader

Adani case closure a booster for India-US economic ties: USISPF

US lawmaker hails Treasury settlement with Adani Enterprises

PM Modi attends India-Norway Business and Research Summit, several pacts signed

US Department of Justice drops all charges against Adani, court dismisses case

RBI imposes restrictions on Etawah-based Nagar Sahakari Bank Ltd

Indian Railways unveils design of India’s 1st bullet train for Mumbai-Ahmedabad corridor

Nearly 40 pc govt organisations will likely establish TrustOps by 2028 to counter deepfake

India’s EV market surges 57 pc in Q1 2026: Report

OMCs still losing nearly Rs 750 crore daily despite fuel price hike: Petroleum Ministry official

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