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Electronics sector seeks Chinese investments: Wants ownership limited to 26%; what it means for India

Industry leaders in the electronics sector have urged the Indian government to allow joint venture proposals with Chinese companies under the automatic route, while limiting their equity share to a maximum of 26%, sources said.Documents reviewed by ET show that multiple industry associations, including the Confederation of Indian Industry (CII) and the India Electronics &…

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‘Now only into writing fiction’: Former Army chief Gen MM Naravane after uproar over unpublished memoir | India News

NEW DELHI: Former Army chief General MM Naravane said that he would only write fiction now. The statement came at a book signing event on Friday. Naravane’s unreleased memoir ‘Four Stars of Destiny’ created an uproar in Parliament last month with Lok Sabha leader of opposition Rahul Gandhi used excerpts from the book published in…

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PSU banks profit may cross Rs 2 lakh crore in FY26; DFS secretary M Nagaraju hints strong credit growth

Public sector banks (PSBs) are expected to cross the Rs 2 lakh crore combined profit mark in the current financial year, buoyed by strong balance sheets, steady credit expansion and improved asset quality, Financial Services Secretary M Nagaraju said.Speaking to PTI in an interview, Nagaraju said the Indian banking system remains resilient, supported by regulatory…

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