S&P Global Ratings stated on Tuesday that the recent hike in US tariffs is unlikely to impact India’s long-term economic growth prospects. The agency highlighted that India’s government remains committed to economic reforms and improving citizens’ living standards. After 18 years, S&P upgraded India’s sovereign credit rating to ‘BBB’ with a stable outlook, citing strong...
China has assured India that it will address three critical concerns—rare earths, fertilizers, and tunnel boring machines—during high-level talks in New Delhi, sources revealed. Chinese Foreign Minister Wang Yi, who arrived in India on Monday for a two-day visit, conveyed this assurance to External Affairs Minister Dr. S. Jaishankar during their bilateral meeting. The talks...
New Delhi: OpenAI has launched a new subscription plan called ChatGPT Go in India, making it the company’s most affordable plan to date. Priced at ₹399 per month, the plan offers several premium features at a budget-friendly rate, aimed at providing enhanced access to AI tools for Indian users. According to OpenAI, ChatGPT Go includes...
The Bombay High Court has set aside a magistrate’s order that issued notice to HDFC Bank Managing Director and CEO Sashidhar Jagdishan in a defamation complaint filed by the trustee of Lilavati Kirtilal Mehta Medical Trust. Justice S.M. Modak, in an oral order delivered on August 5, held that the magistrate erred by issuing the...
The India–Pakistan showdown at the Asia Cup 2025 has triggered a record surge in television advertising rates, with a 10-second ad spot priced at an unprecedented ₹16 lakh, according to an ET report. The marquee Group A clash, scheduled for September 14 at the Dubai International Cricket Stadium, is expected to be the most-watched sporting...
Prime Minister Narendra Modi on Sunday inaugurated two major national highway projects worth ₹11,000 crore at Rohini, Delhi, aimed at boosting connectivity and easing congestion in the National Capital Region (NCR). The projects include the Delhi section of the Dwarka Expressway and the Urban Extension Road-II (UER-II), designed to enhance mobility, cut travel time, and...
The Central Government has announced a comprehensive update of key economic indicators, including the Wholesale Price Index (WPI), Index of Industrial Production (IIP), and the introduction of a new Producer Price Index (PPI), all aligned to the 2022-23 base year. This initiative aims to make inflation measurement and industrial output data more reflective of the...
Prime Minister Narendra Modi, during his Independence Day address, announced a major revamp of the Goods and Services Tax (GST) system, promising to roll out next-generation GST reforms with significantly lower tax rates this Diwali. Calling it a “great festive gift” for the nation, Modi said the overhaul would simplify the tax structure and provide...
ICICI Bank has announced a significant revision in its minimum balance requirement policy following public criticism. In an official release on Wednesday, the private sector lender stated that it has withdrawn the earlier mandate of maintaining a minimum balance of ₹50,000 for new savings accounts opened by metro and urban customers. The revised minimum balance...
New Delhi: Sources indicated on Wednesday that Chinese Foreign Minister Wang Yi is expected to visit India this month. As per the sources, the Chinese Foreign Minister is anticipated to participate in SR (Special Representative)-level discussions. National Security Advisor (NSA) Ajit Doval will act as India’s special representative. In recent months, India and China have...