May's YoY industrial output rises on base effect, eases sequentially

New Delhi (IANS) Low base effect on a year-on-year basis pushed India's industrial output higher by 29.3 per cent, but the production growth rate was slower sequentially.

The Index of Industrial Production (IIP) for May rose by over 29…

Maha Cong chief backtracks after accusing CM, Dy CM of 'watching' him

Mumbai (IANS) Hours after levelling serious allegations that Maharashtra Chief Minister Uddhav Thackeray and Deputy Chief Minister Ajit Pawar were keeping tabs on him, state Congress President Nana Patole suddenly backtracked, claiming he was "misinterpreted"…

Branson-Bezos space tourism race begins, world on the edge

San Francisco (IANS) In what could be termed as a defining moment in the history of space, Virgin Galactic was all set to launch its billionaire CEO Richard Branson and three company employees to the edge of space on Sunday (6.30 p.m. India time).

Twitter finally appoints India-based grievance officer

New Delhi (IANS) Paying heed to India's demand, Twitter has finally appointed Vinay Prakash as its Resident Grievance officer (RGO) for the country.

The micro-blogging platform had informed the Delhi High Court last week that it will take…

Foreign e-commerce cos creating false narrative against draft rules: CAIT

New Delhi (IANS) The Confederation of All India Traders (CAIT) has alleged that foreign-funded e-commerce majors are creating a 'false narrative' that the draft norms for the sector would impact foreign direct investment into India and the…

CEOs expect swifter recovery post 2nd Covid wave: CII Poll

New Delhi (IANS) Top corporates in the country anticipate a faster economic recovery from the impact of the second wave of Covid-19.

A CII CEOs Poll of 119 corporate heads showed that about 59 per cent of the CEOs polled expect the recovery…

CGST officials bust network of 23 firms over bogus ITC claims

New Delhi (IANS) Officers of the Anti-Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availing and passing on of inadmissible input tax credit (ITC) through goods-less invoices of around…

Terror funding case: NIA team arrests several persons in Kashmir

Srinagar (IANS) The National Investigation Agency (NIA) team on Sunday carried out raids at many places in Kashmir and arrested several persons, including the chairman of an Islamic seminary in connection with a terror funding case.

The NIA…

New rules to ensure responsible social media ecosystem: IT Minister

New Delhi (IANS) India's Electronics and IT Minister Ashwini Vaishnaw has reviewed the implementation of the new IT rules and said that these norms will ensure safer and responsible social media ecosystem in India.

Taking to the India-made…

Two alleged Al Qaeda-linked terrorists held in Lucknow: Police

Lucknow (IANS) The UP Anti-Terrorist Squad (ATS), in a major operation, has arrested two alleged terrorists, linked to Al Qaeda, from Kakori on the outskirts of Lucknow on Sunday.

The two alleged ultras were reportedly hiding in a house in…