News & Voices
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Banks to roll out multiple nomination facility from Nov 1
The provisions aim to give depositors the flexibility to make nominations as per their preference, ensure uniformity, transparency and efficiency in claim settlement
DAC approves ₹79,000-cr defence proposals to boost capabilities of armed forces
The acquisitions underscore India’s emphasis on self-reliance in defence production and its commitment to modernizing the armed forces to meet contemporary and future security challenges
BCI warns against unregistered tie-ups between Indian and foreign law firms
BCI clarified that foreign law firms may practice only foreign law and international law in non-litigious matters, and only after registration with it
Core sector growth slows to 3% in Sept as energy output falters; steel, cement shine
Softening in the core sector suggests that the IIP too may also show moderation. Economists, however, expect the impact to be temporary
Govt overhauls mineral auction norms to end delays, push faster mine activation
New rules apply not only to fresh auctions but also to blocks already auctioned, compelling preferred bidders to submit performance security within six months, adhere to pending milestones
Rural inflation cools as food prices ease in Sept
Consumer Price Index for agricultural labourers turns negative. This could ease cost pressures for rural households and support rural consumption in the coming months
Rajnath inaugurates new HAL production lines, highlights India’s defence manufacturing leap
India’s annual defence production has soared from ₹46,429 crore in 2014-15 to a record high of over ₹1.50 lakh crore in 2024-25. defence exports have touched an unprecedented ₹25,000 crore
MoD inks ₹659 crore deal for advanced night sights to boost Army’s combat capability
Deployment of new night sights will allow soldiers to fully exploit the longer effective range of SIG 716 assault rifles, enhancing target acquisition & engagement capabilities during night operations
Exports up 4.5% in H1 FY26 to $413.3 billion; IMF lifts Oct growth outlook to 6.6%
Electronics, petroleum & agri-shipments power export momentum; reflects balanced recovery amid global uncertainties. Rise in non-petroleum exports, widening services surplus encouraging signs
Labour force participation reaches 5-month high; female workforce share strengthens further
Data highlights continued recovery in labour market engagement, particularly among women, even as the unemployment rate edged up marginally
India nears goal of Naxal-free nation as number of 'most-affected' districts falls to three
Reflects the success of the ‘national action plan and policy’, which combines precise, intelligence-based operations with people-friendly initiatives to win public confidence in affected areas
BIS to balance consumer safety & industry growth as govt tightens quality norms
Over 22,300 standards are in force, with 94% harmonized with ISO & IEC standards. Number of products under mandatory certification has grown to 773 from 106 in 2014