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Business

Adani Dharavi SPV launches 24-hour interactive AI helpline for residents

Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) company undertaking the Dharavi Redevelopment Project (DRP), officially announced here on Wednesday that it has launched an Artificial Intelligence (AI) platform called ‘Dharavi Didi’, which will act as a 24x7 interactive AI companion answering all questions from Dharavi slum dwellers regarding the project's redevelopment and rehabilitation.

Business

Trump announces phased US tariffs on imported generic drugs; Indian pharma stocks fall despite limited impact outlook

Indian pharmaceutical stocks declined in early trade after the US President unveiled a phased tariff regime on imported generic medicines, though analysts said India's cost advantage and regulatory hurdles make a major disruption unlikely.

Stock markets end lower amid weakness in heavyweight private banks

Indian stock markets ended lower for the second consecutive session on Tuesday amid volatile trading.

Core infrastructure output rises 5% in June, hits 5-month high

The robust growth in these industries offset weaker performance in other sectors. Output declined in crude oil, natural gas, refinery products and fertilisers during the month, highlighting the uneven nature of the recovery across the core industries.

No proposal to scrap LTCG tax on equities, govt tells Lok Sabha; collections rise 79%

Replying to a question in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said the government currently has no plan to remove the tax on long-term gains from equity investments.

Centre makes foreign investment in government securities tax-free and removes three restrictions

Centre has announced rationalisation of the tax treatment on the investments by Foreign Portfolio Investors (FPIs) in Government Securities (G-Secs), by exempting such investments from income tax on any interest or capital gain to align with the taxation on G-Secs with many comparable jurisdictions.

By Statesman News Service

05 June, 2026 8 mins read

SEBI findings on Rajesh Exports: Congress calls it ‘one of India’s biggest financial misrepresentation scandals

‎Addressing a press conference, Congress leader and AICC Chairman of the Media and Publicity Department Pawan Khera cited SEBI’s interim order and claimed that the findings pointed towards “one of the largest financial misrepresentation scandals in India’s corporate history.”

By Statesman News Service

05 June, 2026 8 mins read

Explainer: What is Right to Repair that Trump is fighting for with auto makers tooth and nail

The Right to Repair is a legal and policy framework aimed at ensuring that consumers and independent repair businesses can access the tools, parts, software and technical information needed to fix products they own.

By Statesman News Service

05 June, 2026 8 mins read

‘Growth momentum remains strong’: PM Modi hails 7.7% GDP expansion in FY26

Prime Minister Narendra Modi on Friday welcomed India’s latest GDP data, calling it proof of economic resilience, reform impact and the hard work of 140 crore Indians.

By Statesman News Service

05 June, 2026 8 mins read

Govt opens wider doors for foreign investors; major push for G-Sec market, equity inflows

One of the key changes allows individual Persons Resident Outside India (PROIs) to invest in shares of listed Indian companies through the Portfolio Investment Scheme.

By Statesman News Service

05 June, 2026 8 mins read

Business

Adani Dharavi SPV launches 24-hour interactive AI helpline for residents

Trump announces phased US tariffs on imported generic drugs; Indian pharma stocks fall despite limited impact outlook

Stock markets end lower amid weakness in heavyweight private banks

Core infrastructure output rises 5% in June, hits 5-month high

No proposal to scrap LTCG tax on equities, govt tells Lok Sabha; collections rise 79%

Centre makes foreign investment in government securities tax-free and removes three restrictions

SEBI findings on Rajesh Exports: Congress calls it ‘one of India’s biggest financial misrepresentation scandals

Explainer: What is Right to Repair that Trump is fighting for with auto makers tooth and nail

‘Growth momentum remains strong’: PM Modi hails 7.7% GDP expansion in FY26

Govt opens wider doors for foreign investors; major push for G-Sec market, equity inflows

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