New Delhi’s Jantar Mantar has become the centre of a sharp youth-led challenge to the government, with Cockroach Janta Party supporters extending their sit-in over exam scandals and unemployment while pressing for Union Education Minister Dharmendra Pradhan to resign.
The protest, now in its fourth day, has drawn students, job aspirants and young supporters of a movement that began as online satire and quickly turned into a street mobilisation. Demonstrators have slept at the protest site, banged steel plates with spoons,
Abu Dhabi Investment Authority and a group of institutional investors have bought a 7.3 per cent stake in Corona Remedies for ₹777 crore, marking a sizeable secondary market transaction in the Ahmedabad-based drugmaker months after its stock market debut.
The shares changed hands through block deals on the National Stock Exchange, with the transaction executed at ₹1,730 a share. The deal involved about 44.9 lakh shares, with private equity investor ChrysCapital, through its affiliate Sepia Investments, and Anchor Partners selling part
Freight costs on key Asia-UAE routes have surged from about $1,000 to as much as $7,000 per container, intensifying pressure on importers, retailers, manufacturers and re-exporters that rely on Dubai and other UAE hubs for supplies moving across the Gulf, Africa and South Asia.
The jump, flagged at an IBPC Dubai logistics session, reflects a wider disruption in maritime corridors linked to Middle East tensions, fuel-cost volatility, security-risk surcharges and capacity constraints. Paras Shahdadpuri, Governor of IBPC Dubai and Chairman of
Christopher Nolan will bring The Odyssey to Mumbai in July with producer Emma Thomas and lead actors Matt Damon and Tom Holland, giving the filmmaker his first India premiere and placing the city on the film’s global launch route ahead of its worldwide release on 17 July.
The Mumbai event is scheduled for PVR Icon IMAX at Phoenix Palladium in Lower Parel, with the exact premiere date still to be announced. Universal Pictures International has positioned Mumbai alongside London, Paris and
The Centre has ordered a nationwide temporary block on Telegram until June 22, escalating its crackdown on online cheating rackets ahead of the NEET-UG 2026 re-examination scheduled for June 21.
The restriction, issued through the Ministry of Electronics and Information Technology under Section 69A of the Information Technology Act, 2000, follows complaints that groups on the messaging platform were being used to sell, advertise or fabricate claims about leaked question papers. A separate direction requires Telegram to disable, within the country,
Hyderabad-based Drogo Aerospace has delivered 41 JK 250e surveillance drones to the Indian Army, advancing a ₹72-crore order that places the defence technology firm among a growing group of domestic companies supplying unmanned systems for frontline military use.
The first batch was received by officials of the Army’s Southern Command in Nashik, Maharashtra. The delivery forms part of a 217-drone contract, with the company aiming to supply the remaining 176 units by August 2026. The schedule gives Drogo Aerospace a tight
New Delhi has moved into crisis-management mode as the war in Iran raises fuel costs, strains the rupee and forces the Centre to balance energy security against its deficit-reduction pledge.
The latest response includes curbs on bulk diesel purchases at retail outlets, a willingness to let the fiscal deficit widen beyond the Budget target, and measures to pull in overseas capital as policymakers try to contain pressure on inflation, subsidies and the balance of payments. The measures mark a sharp shift
A small change in central bank wording has given banks fresh room to mobilise foreign-currency deposits, potentially drawing as much as $50 billion into India at a time when the rupee and external balances are under pressure.
The Reserve Bank of India’s June package centres on Foreign Currency Non-Resident Bank deposits, or FCNR deposits, a long-used channel through which overseas citizens place foreign-currency funds with banks. The decisive shift lies in the way the central bank has structured the swap window
JNK India has secured a large export order for an incinerator package linked to Abu Dhabi’s TA’ZIZ Salt Project, strengthening the company’s overseas order book and widening its role in waste gas handling systems for large industrial projects.
The order, received on June 8 from CC7 Emirates Engineering Solutions L. L. C., covers design, engineering, manufacture, procurement and supply on a Free Carrier basis. JNK India will also provide assistance, charged on a per diem basis, for erection, commissioning and witnessing
Sri Lanka’s rupee rallied more than 2 per cent after the Central Bank of Sri Lanka shortened the deadline for exporters to convert foreign currency earnings into local currency, a move aimed at easing pressure on a market strained by rising import demand, energy costs and expectations of further depreciation.
The currency strengthened sharply in Colombo trading, touching 328 to the dollar from weaker levels around 336.50 before settling in a wider 332-334 range. The previous close was near 337.00-337.75, underscoring
New Delhi has tightened import controls on key silver categories, making prior authorisation from the Directorate General of Foreign Trade mandatory for specified products under Chapter 71 of the ITC 2022 schedule.
The amended rules, issued through Notification No. 19/2026-27 dated 2 June 2026, apply with immediate effect to silver powder, silver grains, silver of 99.9% purity or more, and other unwrought silver. The change adds a fresh approval layer to a trade channel that was already limited to nominated
Paytm plans to add about 4,000 employees over the next nine months as the digital payments company pushes deeper into artificial intelligence, product development and merchant services, even as it cuts a smaller number of roles after its performance review cycle.
The hiring programme would expand the workforce of One 97 Communications, Paytm’s parent, by about 10 per cent from a base of roughly 40,000 employees. The company is also expected to reduce about 1 per cent of its staff, or
The Embassy of India in Muscat said it is monitoring a maritime incident involving a vessel carrying Indian seafarers off Oman and is coordinating with Omani authorities to secure the safety and rescue of those on board.
The statement followed reports that a fire broke out on the tanker MT Marivex near Omani waters on Monday, with preliminary information indicating that 24 seafarers from India were on board. Early inputs from shipping and seafarer welfare channels said the crew were safe,
Reserve Bank of India has pushed its net short dollar position past $110 billion, taking a key currency-defence tool to a record high as pressure on the rupee forces heavier use of forward-market intervention.
The rise marks a sharp escalation in the central bank’s effort to cushion the currency after the rupee weakened to a record low near 97 to the dollar on 20 May. The position, built through forward and offshore derivative contracts, shows how the central bank has increasingly
BEML Ltd. is chasing a sharp expansion in orders this fiscal year, targeting a book of more than ₹31,000 crore as the state-run manufacturer leans on urban rail, high-speed train projects and defence contracts to move beyond its traditional heavy-equipment base.
The Bengaluru-headquartered company’s plan marks an attempt to nearly double a pipeline that has stood at about ₹16,600 crore, with management betting that public transport expansion and defence procurement will support multi-year growth. Rail and metro projects are expected to
Elon Musk’s reaction to a viral post on India’s falling fertility rate has pushed the country’s demographic transition into a wider global debate, as official data show the national total fertility rate at 1.9 children per woman, below the replacement benchmark of 2.1.
Musk responded on X to a post claiming that India’s birth rate had fallen below replacement level, writing that the trend had appeared “among those most educated” many years earlier. His comment drew attention because the Tesla and
A 28-year-old man died and a woman was hospitalised after medical emergencies at an overnight music concert in Mumbai’s Worli, prompting police to examine whether alcohol, narcotics, crowd conditions or delayed medical response played any role in the incident.
Vrishabh Mahendra Gangurde, a resident of Mahim, fell ill during the “Klangkuenstler All Night Long” event at the NSCI Dome in the early hours of Sunday. He was taken for medical care after his condition deteriorated, but was declared dead. A female
Thousands of Central Board of Secondary Education Class 12 students have pressed for grace marks and a waiver of post-result fees after complaints of evaluation errors, portal glitches and delayed access to answer sheets placed their college admissions under fresh strain.
The demand has gathered pace across student networks, parent groups and coaching circles after candidates reported unusually low marks, unchecked answers, blurred scanned copies, payment failures and difficulty accessing the board’s post-result services. Many students say the burden of paying
New Delhi scrapped capital gains tax on foreign institutional investment in government securities, using an ordinance to sharpen the appeal of its sovereign debt market and draw overseas capital as the rupee faces pressure from higher energy costs and equity outflows.
The exemption, effective from 1 April 2026, covers interest income and capital gains arising from the sale, exchange or transfer of specified government securities by eligible foreign institutional investors and the Bank for International Settlements. President Droupadi Murmu signed the
Oman India Fertiliser Company is preparing to sell 25 per cent of its share capital through an initial public offering, setting up a July debut on the Muscat Stock Exchange as Oman pushes ahead with a broader programme to widen public ownership of strategic assets.
The offering will comprise existing ordinary shares held by the company’s current shareholders, meaning proceeds from the sale will go to the selling shareholders rather than to OMIFCO. The subscription period is expected to open this
India’s oil demand growth is heading for its weakest annual pace since the pandemic as the Middle East conflict pushes up crude and fuel costs, squeezes refiners and curbs consumption across transport, aviation and industrial sectors.
Consumption growth in the world’s third-largest crude importer is now forecast at about 78,000 barrels a day for 2026, nearly 40 per cent below pre-war expectations. Excluding the Covid-hit year of 2020, that would mark the slowest expansion in a decade for an economy that
Mounting pressure on the rupee has put the Reserve Bank of India’s reserve strategy under sharper scrutiny after a report indicated that the central bank may have sold about $12 billion worth of gold holdings to protect foreign currency assets from the fallout of the US-Iran conflict.
The reported move, if confirmed, would mark a significant shift in the composition of India’s external buffers at a time when oil prices, foreign portfolio outflows and import demand are combining to test the
Coal India Ltd cut coal production in May by 11.6 per cent year-on-year to 56.13 million tonnes, underscoring a shift in the country’s energy market as high inventories, uneven industrial demand and rising non-fossil capacity alter the operating rhythm of the world’s largest coal miner.
The May figure, based on provisional operational data for the month ended 31 May, came against a monthly target of 66.28 million tonnes. Coal offtake, the volume supplied to power utilities and other customers, rose 2.26
Odisha has secured a proposed $3.3 billion semiconductor substrate project involving Intel Corporation and 3D Glass Solutions Inc., marking one of the largest high-technology manufacturing commitments tied to India’s chipmaking ambitions.
The memorandum of understanding, signed by the Government of Odisha, Intel and 3DGS, covers an advanced packaging glass-core substrate manufacturing facility in the Bhubaneswar-Khurda region. The project is expected to focus on substrates used in next-generation chip packaging, a part of the semiconductor supply chain that has gained strategic importance