Science & Tech News: Innovations

Andhra Pradesh's first semiconductor plant to boost chip ecosystem, create jobs: Experts

IANS | August 1, 2026 5:37 PM

New Delhi, Aug 1 (IANS) Andhra Pradesh's first semiconductor manufacturing facility -- inaugurated by Prime Minister Narendra Modi in Visakhapatnam under the India Semiconductor Mission -- is expected to strengthen the state's chip ecosystem, create high-skilled jobs and accelerate the growth of semiconductor manufacturing, industry experts said on Saturday.

Iron ore surge in India can help South African producers: Report

IANS | August 1, 2026 4:59 PM

New Delhi, Aug 1 (IANS) The iron ore surge in India is the single most relevant figure for South African producers, according to a new report, as India expands its steelmaking capacity to meet domestic infrastructure and construction demand.

Maruti Suzuki posts record domestic sales of over 2 lakh units in July

IANS | August 1, 2026 3:25 PM

New Delhi, Aug 1 (IANS) Maruti Suzuki India on Saturday reported its highest-ever monthly domestic sales with dispatches crossing the 2 lakh mark for the first time in July.

Over 72 lakh workers join formal workforce under PM-VBRY in first year

IANS | August 1, 2026 2:41 PM

New Delhi, Aug 1 (IANS) Over 72 lakh first‑time employees have entered the formal workforce since August 2025, within one year of the implementation of Pradhan Mantri Viksit Bharat Rojgar Yojana, an official statement said on Saturday.

RBI foreign exchange swap facility draws $40.816 billion till July 31, FCNR (B) deposits lead

IANS | August 1, 2026 2:34 PM

New Delhi, Aug 1 (IANS) The Reserve Bank of India (RBI) on Saturday said its concessional foreign exchange swap facility has attracted $40.816 billion in overseas currency inflows since June when it was launched.

Indian Railways greenlights Rs 976 crore multitracking project in Bihar

IANS | August 1, 2026 2:10 PM

New Delhi, Aug 1 (IANS) In a bid to support the socio-economic development of Bihar, Indian Railways has approved multitracking of the 29 km Danapur to Fatuha section of East Central Railway for Rs 976 crore, an official statement said on Saturday.

India's auto sector posts robust July sales on sustained SUV demand

IANS | August 1, 2026 1:58 PM

New Delhi, Aug 1 (IANS) India's passenger vehicle industry witnessed robust growth in July as leading automakers posted strong year-on-year sales on Saturday, led by sustained demand for SUVs, a sharp rise in electric vehicle sales and healthy export momentum.

India, Rwanda to deepen bilateral trade, boost business-to-business engagement

IANS | August 1, 2026 1:47 PM

New Delhi, Aug 1 (IANS) India and Rwanda have committed to expand bilateral trade and boost business-to-business engagement, as they reviewed the current state of bilateral trade in goods and services, an official statement said on Saturday.

Over 5.9 crore taxpayers file ITRs by July 31 for AY 2026-27

IANS | August 1, 2026 1:31 PM

New Delhi, Aug 1 (IANS) More than 5.9 crore income tax returns (ITRs) have been filed for the Assessment Year (AY) 2026-27 by the July 31 deadline, the Income Tax Department said on Saturday, while thanking taxpayers for their timely compliance.

ITR deadline, RBI MPC meet among key financial deadlines, events in August

IANS | August 1, 2026 12:33 PM

New Delhi, Aug 1 (IANS) August brings a slew of financial deadlines and events that could affect taxpayers and banking customers, including an August 31 income tax return (ITR) deadline for businesses and professionals, the Reserve Bank of India's Monetary Policy Committee (MPC) meeting and bank service charge changes.