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Tech-ready textiles: Govt nod for Rs 305 cr Tex-RAMPS; research & innovation get major push

India’s textiles sector is set for a research and innovation lift with the government approving the Rs 305 crore Tex-RAMPS scheme, the textiles ministry said on Thursday, as reported by PTI. The initiative will run from 2025 to 2031 as a fully funded Central Sector Scheme.According to the ministry, the Textiles Focused Research, Assessment, Monitoring,…

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Gold & silver price prediction today: Gold may rally to Rs 1,29,000 level – here’s the outlook

Gold price structure now indicates that buyers are firmly in control, and dips are likely to attract fresh demand. (AI image) Gold and silver price prediction today: Gold prices and silver prices are showing strength again and are likely to maintain a bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…

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Mutual fund reach: Sebi unveils new distributor incentives; extra payouts for B-30 and new women investors

Markets regulator Sebi on Thursday rolled out a revised incentive framework for mutual fund distributors, offering additional payouts for bringing in first-time individual investors from B-30 cities and new women investors from any location.Designed to widen outreach and improve awareness, the new structure will take effect from February 1, 2026, Sebi said in a circular,…

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PM Modi unveils India’s first commercial private rocket Vikram-1; inaugurates Skyroot’s new Infinity campus

HYDERABAD: Prime Minister on Thursday virtually inaugurated Hyderabad-based spacetech startup Skyroot Aerospace’s Infinity campus on the outskirts of Hyderabad and also unveiled Skyroot’s first commercial orbital rocket, Vikram-I, that will ferry satellites to into low Earth orbit (LEO).The state-of-the-art facility is spread over 2 lakh sq ft for designing, developing, integrating and testing multiple launch…

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NBFC operations: Equirus Group appoints Manishkumar Jain as CEO

Financial services firm Equirus Group on Thursday announced the appointment of Manishkumar Jain as the chief executive officer of Equirus Finance, its newly launched non-deposit-taking NBFC, days after receiving approval from the Reserve Bank of India (RBI).Jain will lead the NBFC’s expansion and build a diversified lending franchise focused on high net-worth individuals (HNIs), family…

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‘Gave wrong addresses’: Delhi Police on accused students in India Gate protest case; calls move ‘deliberate’ | India News

India Gate ‘pro-Maoist’ protest case NEW DELHI: The Delhi Police on Thursday told a court that most of the student protesters arrested for allegedly assaulting police personnel during last week’s demonstration at India Gate had intentionally provided incorrect addresses to conceal their identities.The police described the move as a “mockery of the law.”“It is very…

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Hong Kong high-rise fire: China Taiping shares slump on feared insurance exposure; disaster city’s worst in decades

China Taiping Insurance Holdings Co. shares fell sharply on Thursday amid concerns over its exposure to a Hong Kong construction project linked to a devastating high-rise fire that has killed at least 44 people and left hundreds missing.The stock slid as much as 8.1% in early trading before trimming losses to about 2% by late…

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India’s Nuke policy: PM Modi announces plans to open nuclear sector to private players; pushing next-gen reactors, innovation

NEW DELHI: Prime Minister Narendra Modi on Thursday announced that India is gearing up for a big shift in its nuclear policy as the Centre is now planning to allow private companies into the nuclear energy sector, a space that has traditionally been tightly controlled by the government.“We are moving towards opening the nuclear sector…

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Cyber security rules: DoT withdraws duplicate notification; original telecom security amendments stay in force

The Department of Telecommunications (DoT) on Thursday withdrew a duplicate Gazette notification issued last month, clarifying that the amended Telecommunication Cyber Security (TCS) Rules, 2025 – notified on October 22 – remain fully in force.The clarification came after the same TCS amendment notification was inadvertently republished on October 29 in place of a different rule…

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