Foreign secretary Vikram Misri meets US lawmakers; Russia sanctions bill and India-US ties in focus

Foreign Secy Vikram Misri meets US Congressional delegation Foreign secretary Vikram Misri on Sunday met a bipartisan US Congressional delegation led by House Foreign Affairs Committee chairman Brian Mast, as the two sides discussed the recently enacted Sanctioning Russia and Iran Act (SRIA), strategic ties and energy security.The talks also covered the future course of…

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Made-in-India phones get a PLI push as electronics firms receive Rs 19,091 crore

Made-in-India electronics get PLI boost as firms draw Rs 20,580 crore investment From making more phones at home to sending them overseas, India’s electronics manufacturing push has clocked up a sizeable government payout. Large-scale electronics manufacturing companies have received Rs 19,090.98 crore in incentives up to June this year, the highest among the sectors covered…

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Gold and silver outlook: What’s in store for traders this week? Job data, crude and more in focus

Gold and silver face another volatile week, with US jobs and inflation data, Federal Reserve signals, Middle East tensions and crude prices set to shape bullion sentiment. The holiday-shortened week will put the US non-farm payrolls and unemployment data in focus as markets assess expectations for the Federal Reserve’s October policy decision.Consumer confidence, GDP and…

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‘Productive discussion’: EAM Jaishankar, Canada FM Anand discuss taking bilateral ties ‘to a higher level’

Canadian Minister of Foreign Affairs, Anita Anand with Jaishankar NEW DELHI: India and Canada are preparing to take their bilateral relationship “to a higher level”, external affairs minister S Jaishankar said after meeting his Canadian counterpart Anita Anand on the sidelines of the United Nations General Assembly in New York.Jaishankar described the discussion as “productive”…

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India’s barrier-free tolling explained: No more stopping as FASTag & number plate recognition will help collect toll automatically

This allows toll to be charged without vehicles stopping, slowing down or remaining in a designated lane. (Image for representative purpose) A few years ago, India introduced FASTag to make toll collection across its highways and expressways digital and cashless. Now, it is looking to make the process barrier-free or toll plaza free. Imagine zipping…

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Bank closure this week: When and where will banks stay shut from September 28 to October 4

Bank customers planning to visit branches this week may need to reschedule their plans as several bank closures are lined up between September 28 and October 4. Lenders across the country will observe a three-day nationwide strike as well as a major national holiday during the week, potentially disrupting over-the-counter banking services in several states.Bank…

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New mobile recharge rules: 30-day plans, call-only options and more; TRAI rules explained

New mobile recharge rules Prepaid mobile users will have more recharge options under a new consumer protection framework notified by the Telecom Regulatory Authority of India (TRAI), with the changes covering both plan validity and voice-and-SMS-only services.The new rules provide for greater availability of voice-and-SMS-only Special Tariff Vouchers (STVs), including plans valid for 30 days…

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India’s consumer durables market set to hit Rs 3.25 lakh crore by 2030: Report

The report said India is expected to remain one of the world’s fastest-growing consumer durables markets. India’s consumer durables market is expected to grow to Rs 3-3.25 lakh crore by 2030, creating an additional Rs 40,000-50,000 crore opportunity for domestic value addition in materials and component manufacturing, according to a joint report by Boston Consulting…

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No Upi Day: ‘UPI must remain zero MDR’: Mobile retailers announce October 2 protest

Mobile retailers warn of higher costs, call October 2 protest (representative image) Mobile phone retailers across India plan to observe October 2 as a “No UPI Day”, protesting the proposed 0.4% Merchant Discount Rate (MDR) on specified UPI merchant transactions above Rs 2,000.The protest has been called by the All India Mobile Retailers Association (AIMRA),…

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