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For the second time in 3 weeks, foreign ministers of India and China, S Jaishankar and Wang Yi respectively, met Thursday agreeing significantly on the need for a “strong guidance” to complete the disengagement process in eastern Ladakh, an issue blocking return of normalcy to bilateral ties.

NEW DELHI: Amid continued displeasure and disappointment expressed by the US over PM Narendra Modi's recent visit to Moscow, India defended its ties saying the country has a long-standing relationship with Russia that is based on mutuality of interests. In a multipolar world, all countries have freedom of choice, said ministry of external affairs. "It's essential for everybody to be mindful of and appreciate realities," said spokesman Randhir Jaiswal.

The immediate provocation for the response was remarks made by US assistant secretary of state for south and central Asia Donald Lu, expressing disappointment about the symbolism and timing of Modi's visit to Russia.

NEW DELHI: The Government of India and the United Kingdom on Wednesday, launched a new 'Technology Security Initiative' (TSI) to strengthen their strategic partnership, acknowledging the growing significance of technology in national security and economic growth.

The UK and India have agreed to strengthen their collaboration in various areas of technology, including telecommunications, critical minerals, semiconductors, artificial intelligence, quantum, biotechnology, and advanced materials.

New Delhi: India reported 40,000 cases of suspected heat stroke and over 100 deaths since the onset of summer in 2024, as of mid-June 30, according to a report from the United Nations Call to Action on Extreme Heat.

In view of the rising number of mobile and internet banking users, the Reserve Bank of India (RBI) has proposed to tighten norms related to the liquidity coverage ratio (LCR) by increasing the run-off factor for retail deposits. “Banking has undergone rapid transformation in recent years. While increased usage of technology has facilitated the ability to make instantaneous bank transfers and withdrawals, it has also led to a concomitant increase in risks, requiring proactive management,” the RBI said in the draft guidelines released on Thursday.

The regulator has proposed to impose an additional run-off factor of 5 per cent on both stable and less stable retail deposits that are enabled with internet and mobile banking facilities.

An Indian labourer's fortunes have changed overnight after he found a massive diamond in a mine in the central state of Madhya Pradesh.

The 19.22-carat diamond is expected to fetch about 8m rupees ($95,570; £74,000) in a government auction.

Raju Gound said he had been leasing mines in Panna city for more than 10 years in the hope of finding a diamond.

NEW DELHI: In a landmark verdict which will spell a double bonanza for mineral-rich states featuring low on the prosperity index, a nine-judge bench of Supreme Court, in a majority 8:1 verdict, ruled on Thursday that states can collect royalty, which is not a tax, on minerals extracted from their territories, and also impose additional tax on mineral-bearing land.

July 25 (Reuters) - Mayne Pharma has filed a lawsuit against India's Sun Pharma over infringements of patents related to a certain product used for menopause-related vaginal pain, the Australian drugmaker said on Thursday.

New Delhi:The CBI on Thursday detained a German citizen of Indian origin allegedly possessing six kilograms of cocaine at the Indira Gandhi International Airport here based on an Interpol intelligence, officials said.

The central probe agency had received an input from Interpol that Ashok Kumar, a German national, travelling from Doha to Delhi on Indigo flight 6E 1308 was allegedly carrying narcotics with him, they said.

BENGALURU, July 25 (Reuters) - Foreign investors sold nearly $1 billion worth of Indian equities in the two days since the government raised taxes on derivatives trades and on capital gains from equity investments in its annual budget.

Foreign portfolio investors (FPIs) net sold shares worth 81.06 billion rupees ($968 million) on Tuesday and Wednesday,from the National Stock Exchange showed.

NEW DELHI, July 25 (Reuters) - India will not sign a global corporate tax deal focused on highly profitable multinational firms unless its concerns on dispute resolution and the treatment of withholding tax are addressed, a finance ministry official said on Thursday.