India approved two additional pension investment choices for federal workers on Friday. The Finance Ministry extended LC75 and BLC options under the National Pension System and Unified Pension Scheme. Workers requested access to investment varieties similar to those available outside government employment. The changes allow participants to select equity allocations up to 75 percent that…
India’s National Highways Authority ordered field offices to post details about local monthly and annual toll passes at all collection plazas. Signs must appear in English, Hindi, and regional languages at approach roads, service areas, and exit points for 30 days. The agency will publish the information through its mobile application and project websites to…
India’s office sector recorded 8.8 million square feet of leasing in the third quarter of 2025, outpacing broader Asia-Pacific markets. Knight Frank projects that Bengaluru, the National Capital Region and Mumbai will reach 50 million square feet in full-year leasing, exceeding the 2024 record of 41 million square feet. Prime office rents across these three…
Indian Railways has prepared facilities for passengers traveling home after the Chhath Puja celebrations conclude. The ministry scheduled 6,181 special trains for Monday, Oct. 28, to transport travelers back to their jobs following the festival period. About 30 stations in Bihar received enhanced infrastructure, including waiting areas, additional ticket windows, and security cameras. Railway officials…
India’s foreign exchange reserves grew by $4.5 billion to reach $702.3 billion for the week that ended on Oct. 17, the Reserve Bank of India reported on Friday. The central bank’s gold holdings jumped by $6.2 billion to exceed $108.5 billion for the first time as metal prices climbed and purchases increased. Foreign currency assets…
China expressed willingness on Friday to strengthen ties with India after airlines from both nations resumed direct passenger service. Foreign Ministry spokesperson Guo Jiakun said the flight restoration reflects agreements reached during leaders’ meetings in Tianjin. He stated Beijing wants to work with New Delhi to manage relations strategically for mutual benefit and regional stability….
India’s civil aviation ministry finalized the winter flight schedule on Friday, adding four airports to the domestic network. New Amravati, Hissar, Purnia and Rupsi will join 122 existing airports serving scheduled airlines from Oct. 26 through March 28. The ministry reported 26,495 weekly departures across all airports, representing nearly 6 percent growth compared with last…
Shanthi Gears reported a 16 percent drop in net profit for the quarter ending September 2025 compared with the same period last year. The Tamil Nadu gear manufacturer earned 22 crore rupees, down from 26 crore rupees in the previous year’s second quarter. Revenue fell more than 15 percent to 132 crore rupees from 155…
Netherlands-based telecom equipment manufacturer GX Group launched GX Quantum Photonics Private Limited on Friday to produce advanced photonics modules and chip systems in India. The company committed 500 crore rupees for what it calls the country’s first photonics chip development and manufacturing facility with research capabilities. Invest International of the Netherlands backs the venture through…
The Bombay Stock Exchange issued an alert on Friday about fraudsters misusing photographs of senior officials to establish fake social media accounts. These counterfeit profiles claim to offer investment advice, aiming to deceive unsuspecting individuals. The exchange emphasized that its staff members cannot promote or support wealth management services through any unofficial channels. Investors should…
