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'Strait of Hormuz gives Iran strategic leverage,' says Iranian official
Iranian official Abbas-Ali Kadkhodaei said the Strait of Hormuz gives Tehran strategic leverage in global affairs, citing recent developments in the waterway. He called for faster implementation of maritime development policies. Separately, Iranian Armed Forces spokesperson Brigadier General Shekarchi claimed the US Republican Party's midterm setbacks showed Washington had failed to break Iran's resolve.
Karnataka, Keralam free to test petrol for ethanol content, but don't politicise it: Suresh Gopi
Union Minister of State Suresh Gopi emphasized the freedom of Karnataka and Keralam governments to conduct petrol tests. He also mentioned that the Centre has scientific backing for its ethanol blending policy. Gopi explained that a 20 percent ethanol blending in petrol has been approved and will be implemented gradually. The Minister cautioned against politicizing the tests, as it may lead to unnecessary controversies.
TN CM Vijay orders implementation of ₹2000 cr ‘Vetri Laptop Scheme,’ Government says
Tamil Nadu Chief Minister Joseph Vijay has directed his government to implement the ‘Vetri Laptop Scheme’ for college students, allocating ₹2000 crores for the scheme. The chief minister will also set up a high-level committe to implement the scheme.
Supreme Court directs Punjab, Haryana to supply Himachal Pradesh's energy arrears
A bench led by Chief Justice Surya Kant said the settlement would be implemented on a cashless basis, with the capital-cost liability being adjusted against the energy arrears and the remaining energy being supplied in accordance with the specified schedule.
Eligible CAA applicants to get citizenship by December 31: West Bengal CM Suvendu Adhikari
West Bengal Chief Minister Suvendu Adhikari announced plans to expedite the citizenship application process under CAA by December 31. He highlighted that around 2.5 lakh applications remain pending due to previous government delays. Adhikari stated that training and administrative measures are being implemented to ensure timely application processing. Additionally, the state government will invest Rs 1,000 crore over two years to restore religious institutions.
Berger Paints Q2 profit lags revenue growth on higher costs
Berger Paints India recorded a consolidated net profit of ₹217.1 crore for the September quarter. Revenue from operations increased by 13.2% to ₹3,200.4 crore during the same period. The profit growth was affected by rising raw material costs and increased advertisement spending, leading to squeezed margins. Consolidated earnings before interest, tax, depreciation and amortisation rose to ₹370.7 crore. The company implemented staggered price hikes to address ongoing raw material inflation.
AI Team of the Year: How high-performing AI teams are driving business innovation
The success of AI adoption significantly hinges on the expertise of the professionals implementing these technologies. Teams that blend technical proficiency with business acumen are essential to guarantee that AI applications align with operational requirements and performance benchmarks. Acknowledgment of their contributions becomes crucial, especially for projects that are pivotal to driving business results.
Berger Paints to hike prices as rising raw material costs squeeze margins
Berger Paints India has reported a rise in profit driven by strong performances in several divisions. The company plans to raise prices and implement cost-efficiency measures in November to safeguard margins. Despite these efforts, escalating raw material costs and forex volatility may pressure near-term margins. Revenue has increased year-on-year, but expenses have surged even more significantly. The industrial segment has shown high volume growth despite declining margins.
EAM Jaishankar meets Guyana President, announces $500 million Line of Credit extension
S Jaishankar recently met with Guyana President Irfaan Ali to review their bilateral cooperation agreements. They discussed the implementation of a UPI-like system and the extension of a USD 500 million Line of Credit. Additionally, agreements were signed for manufacturing projects and Quick Impact Projects in Guyana. Jaishankar also engaged with leaders from Australia and the United Kingdom to strengthen economic partnerships.
U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It Work
Companies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but shallow, meaning companies struggle to create real value with AI. In Japan, deployment has moved slowly, but where it has happened, it’s often deep and fruitful. Understanding what’s happening in both contexts offers important lessons for companies trying to develop an AI strategy and demonstrate ROI on their AI investments.
Cabinet approves ₹2,814-crore scheme to promote critical mineral processing
The Union Cabinet has approved a ₹2,814-crore capital expenditure support scheme to promote critical mineral processing and strengthen India’s critical mineral ecosystem. The scheme will be implemented over five years, from FY 2026-27 to FY 2030-31.
Supreme Court directs Centre to set up special cell to monitor child labour law
The Supreme Court has instructed the Centre to create a special cell for monitoring child labour law implementation. This special cell is to ensure compliance with the Child Labour (Prohibition and Regulation) Amendment Act, 2016. The Ministry of Women and Child Development is responsible for issuing directions to state enforcement agencies. The court noted the importance of strict enforcement of the amended provisions of the law.
Public spending must deliver results: Om Birla
Lok Sabha Speaker Om Birla highlighted the importance of public accounts committees in ensuring accountability for public expenditure. He stated that public money must be used responsibly and for its intended purposes. PAC chairman KC Venugopal expressed concerns over six state chief secretaries missing a crucial meeting.
India, EU discuss FTA implementation ahead of December signing
In an effort to advance their free trade agreement, India and the European Union held pivotal discussions led by Commerce Secretary Rajesh Agarwal, who visited Brussels for dialogues with prominent EU officials. Central to the talks were customs cooperation and trade facilitation, deemed critical for the agreement's efficacy. Additionally, industry stakeholders from the diamond sector were engaged to harness opportunities within India's expanding market.
India, EU discuss FTA implementation, customs cooperation and market access in Brussels
India and the European Union engaged in discussions regarding the implementation of their Free Trade Agreement. Commerce Secretary Rajesh Agrawal held meetings with various senior European Commission officials in Brussels, focusing on market access and customs procedures. The FTA is expected to eliminate tariffs on the majority of exports from both regions. Both parties are working towards the proposed signing and full ratification of the agreement.
Amit Shah lays out UP poll agenda: UCC and Hindutva
Amit Shah praised CM Yogi Adityanath's law-and-order record and implementation of central welfare schemes, amid speculation over differences between the state leadership and the BJP's central leadership. Addressing BJP's state executive meeting in Lucknow, Shah asked party workers to put aside all doubts and distractions and focus single-mindedly on the party's victory.
Parliamentary panel to discuss implementation of National Litigation Policy already junked by govt
A parliamentary standing committee will examine the formulation and implementation of a National Litigation Policy in 2026-27, even though the government scrapped the plan in 2025 and instead issued directives to ministries, departments and public sector undertakings to reduce unnecessary court cases.
Karnataka CM orders transfer of 87 KAS officers to fix service delivery hours after MLC election results
Chief Minister DK Shivakumar has ordered the transfer of 87 Karnataka Administrative Service officers to improve public services. This decision was made after the ruling Congress experienced an electoral setback during the legislative council elections. Nine officers were appointed as Assistant Commissioners while four were designated as Additional Deputy Commissioners. The reshuffle aims to enhance urban and rural development and improve the implementation of government schemes.
India's industrial growth slows to 6.7% in September from 8% in August
India's Index of Industrial Production for September recorded a growth rate of 6.7%. This figure represents a decline from August's 8%. Key contributors to this growth include the manufacture of motor vehicles and electrical equipment, among others. The manufacture of rubber and plastics also played a significant role in September's performance. These statistics were released by the Ministry of Statistics and Programme Implementation.
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