Business

Elon Musk-led Starlink will use Aadhaar authentication for customer verification before onboarding subscribers in India, an official statement said on Wednesday. The development comes after the government’s approval for the company to start offering satellite-based broadband services in the country, according to PTI.“The Unique Identification Authority of India (UIDAI) has onboarded satellite-based internet provider Starlink…

NEW DELHI: The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 10 lakh on ride-hailing platform Rapido for disseminating misleading advertisements and engaging in unfair trade practices. The action was taken suo motu by the authority following investigation into the company’s advertisement claim: “Guaranteed Auto. Auto in 5 mins or get Rs…

India’s textile and apparel sector posted steady growth in July 2025, with exports of major commodities rising 5.37 per cent to $3.10 billion from $2.94 billion a year ago, the government said on Wednesday.According to the Textile Ministry, the industry has demonstrated resilience despite global uncertainties, reaffirming its role as a key driver of employment,…

The finance ministry on Wednesday held a meeting with the heads of public sector banks (PSBs) to review their financial performance in the first quarter of FY26. The three-hour session was chaired by Financial Services Secretary M Nagaraju.According to PTI report citing sources, the secretary urged the MDs and CEOs of state-owned banks to step…

NEW DELHI: Making the Directorate General of Civil Aviation (DGCA) a fully autonomous agency; mitigating fatigue among air traffic controllers (ATCO) and flight crew; modernising ATC and filling up critical staffing gaps in key organisations are among the 12 key issues that a parliamentary panel has flagged to “ ensure the continued safety and sustainable…

Gold rate today: Gold prices fell Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday amid sustained selling by stockists, the All India Sarafa Association said. The yellow metal of 99.9 per cent purity had ended at Rs 1,00,420 per 10 grams in the previous session.In line with the weakness,…

A Parliamentary panel has raised alarm over the “existential threat” posed by severe staffing shortages at the Directorate General of Civil Aviation (DGCA) and pressed for granting the regulator both financial and administrative autonomy through a time-bound plan.The Department-Related Parliamentary Standing Committee on Transport, Tourism and Culture, chaired by JD(U) leader and Rajya Sabha MP…

The festive season in India always brings a surge in train ticket demand, as migrant workers head home for Durga Puja, Dussehra, Diwali and Chhath.The change, effective November 1, 2024, has intensified the scramble for seats and creating confusions on the actual right time to book tickets ahead of the festive season, when demand traditionally…

Chinese internet major Baidu reported a fall in quarterly revenue on Wednesday, hit by sluggish domestic consumption even as the company ramped up its artificial intelligence drive and overseas robotaxi ambitions.Baidu posted revenue of 32.7 billion yuan ($4.56 billion) in the April-June quarter, a 4% year-on-year decline, according to its filing with the Hong Kong…

China’s exports of rare earth magnets bounced back strongly in July, climbing to a six-month high and signalling that trade flows of the critical minerals essential for electric vehicles have returned to levels seen before Beijing tightened export controls.Data released by the General Administration of Customs on Wednesday showed that exports from the world’s largest…