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Defence Ministry, HAL ink Rs 62,370 crore deal for 97 LCA Mk1A jets, deliveries to begin in 2027

The Ministry of Defence has contracted with HAL for 97 LCA Mk1A aircraft, comprising 68 fighter variants and 29 twin-seaters, valued at Rs 62,370 crore. These advanced aircraft will feature indigenous technologies like the UTTAM AESA radar and Swayam Raksha…

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SIDBI launches Development of Industry Associations to strengthen MSMEs

SIDBI launched the Development of Industry Associations (DIA) scheme to foster cluster development, as announced at the National Conclave in New Delhi. Secretary DFS, M Nagaraju, emphasized the need for Indian clusters to evolve into innovation epicentres. CMD Manoj Mittal…

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Hydrogen not just fuel of future, but a key pillar of energy security, economic competitiveness: Puri

Union Minister Hardeep Singh Puri emphasized hydrogen’s pivotal role in India’s energy future, highlighting its significance for energy security, economic growth, and environmental sustainability. India aims to produce 5 million tonnes of green hydrogen annually by 2030, supported by strong…

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India’s 3rd-party data centre capacity projected to reach 2,500 MW by FY28: Report

India’s data centre capacity is set to double by FY28, reaching 2,500 MW, fueled by a Rs 90,000 crore investment. Mumbai leads with over 50% of the current capacity. A proposed 20-year tax exemption could further boost growth, attracting significant…

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India building ecosystem for critical minerals; 34 blocks auctioned so far: G Kishan Reddy

India focuses on building a critical minerals ecosystem. This aims to reduce import dependence. G Kishan Reddy mentions auctioning 34 mineral blocks. Since 2014, 542 mineral blocks were auctioned across 16 states. The government encourages private sector exploration. Khanij Bidesh…

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Govt aims to make ‘chips to ships’ in country, PM Modi reiterates Make in India plans

Prime Minister Narendra Modi emphasized the government’s focus on the semiconductor industry. He spoke during the inauguration of Uttar Pradesh International Trade Show 2025 in Noida. Modi reiterated the ‘Make in India’ initiative. The government aims to produce everything from…

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  • 8th pay commission: Discussions with employee groups, stakeholders ongoing — Check meeting dates in July 2026 here

    The 8th pay commission is engaged in discussions with employee representatives to formulate pay recommendations, which will impact around 50 lakh central government employees and 65 lakh retired pensioners.

  • How SCSS helps senior citizens earn a ₹20,500 monthly income from ₹30 lakh savings

    Secure your retirement with SCSS, a government-backed savings scheme offering stable income for senior citizens. This article explains how a ₹30 lakh investment can generate around ₹20,500 monthly income with safety, tax benefits and predictable returns.

  • Dearness Allowance: Teachers' bodies in West Bengal welcome 20% DA hike, want another increase this year — What we know

    West Bengal has announced a 20% hike in dearness allowance for state employees and pensioners, raising it to 38% effective October 1. Teachers' organizations welcomed the decision but urged faster implementation and clearance of remaining dues.

  • The RBI just published a list of the tricks your bank plays on you

    New directions on product marketing and sales highlight practices such as bundling and hidden opt-outs, while formalizing safeguards against mis-selling.

  • Bank holiday next week: SBI, HDFC, others closed for only one day between 29 June and 5 July; check here

    UPI and bank apps allow 24/7 transactions. Banks close on specific Sundays and Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules. 

  • Mumbai couple makes ₹2.2 lakh a month yet can't save: Expert explains what they could do differently

    A Mumbai couple earning ₹2.2 lakh monthly struggles to save money. The Reddit post sparked discussions on budgeting issues, with an expert suggesting clear savings plans. 

  • Micron surged 700% in a year: Is it too late to buy? How much should you allocate | What Indian investors need to know

    Micron's stock surged over 700% to $1,184, reflecting a shift from a cyclical to an AI infrastructure narrative. With significant revenues predicted and strong demand for HBM, the future hinges on sustained performance despite potential cyclical risks and varying analyst price targets.

  • ₹2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'

    He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.

  • How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

    SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.

  • Section 80C: Which small savings schemes qualify for tax deduction and which don't?

    Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.

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