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Adani Power says hopeful Bangladesh will pay all outstanding dues

Adani Power says hopeful Bangladesh will pay all outstanding dues

Bangladesh has substantially reduced its outstanding dues to India's Adani Power related to a power-supply deal and the company is confident of recovering the roughly $900 million still remaining, its chief financial officer said.

Bangladesh has struggled to pay its dues per the deal, signed in 2017, as imports got costly since the Russia-Ukraine conflict in 2022 and amid the domestic political turmoil last August that led to the ouster of the country's prime minister.

Odisha to set up greenfield airport at Paradip, heliports in 14 districts

Odisha to set up greenfield airport at Paradip, heliports in 14 districts

In a bid to strengthen aviation infrastructure in the state, the Odisha government has decided to establish a Greenfield airport at the port town of Paradip, expedite the development of the Shree Jagannath International Airport in Puri and construct heliports in 14 districts.

These decisions were taken during an Aviation and Network Construction Management' meeting chaired by Chief Minister Mohan Charan Majhi here on Thursday.

'PM Modi has our full support', says US on Pahalgam terror attack

'PM Modi has our full support', says US on Pahalgam terror attack

In the wake of the violent terror attack in Pahalgam, the United States expressed solidarity with India in its fight against terrorism and reiterated its support for Prime Minister Narendra Modi.

The statement comes from US State Department spokesperson Tammy Bruce during a press briefing on Friday, as Washington maintained high-level diplomatic engagement with both India and Pakistan.

TCS and IBM partner to build India's quantum future in Andhra Pradesh

TCS and IBM partner to build India's quantum future in Andhra Pradesh

Technology majors Tata Consultancy Services (TCS) and IBM today announced partnership to further develop India’s quantum industry. Both the technology firms are part of the Government of Andhra Pradesh’s new, first-of-a-kind, Quantum Valley Tech Park, currently being built in the capital city of Amaravati.

The tech park will be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor, the largest quantum computer in India.

SC scraps JSW Steel's Bhushan Power & Steel resolution, orders liquidation

SC scraps JSW Steel's Bhushan Power & Steel resolution, orders liquidation

The Supreme Court on Friday rejected JSW Steel’s ₹19,700-crore resolution plan for Bhushan Power and Steel Ltd (BPSL), terming it "illegal" and ordering the liquidation of the debt-ridden company.

The plan has been earlier approved by BPSL’s Committee of Creditors (CoC). On this the apex court stated that the plan violated insolvency law as JSW had used a mix of equity and optionally convertible debentures (OCDs) to fund the takeover, instead of equity alone.

Rain, thunderstorms lash Delhi-NCR; red alert issued amid waterlogging

Rain, thunderstorms lash Delhi-NCR; red alert issued amid waterlogging

Delhi-NCR woke up to heavy rain, thunderstorms and strong winds on Friday morning. The downpour brought much-needed relief from the prolonged heat wave across Delhi and neighbouring areas, including Noida. The India Meteorological Department (IMD) has issued a red alert for today, warning of severe thunderstorms accompanied by strong winds reaching 70–80 kmph. Hailstorms were also reported in some parts of the region.

GST collection rises 12.6% to highest-ever at Rs 2.37 trillion in April

GST collection rises 12.6% to highest-ever at Rs 2.37 trillion in April

Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.

The GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since the roll-out of the indirect tax regime on July 1, 2017. In March 2025, the collection was Rs 1.96 lakh crore.

'Don't demoralise the forces': SC junks petition on Pahalgam terror attack

'Don't demoralise the forces': SC junks petition on Pahalgam terror attack

The Supreme Court on Thursday refused to entertain a Public Interest Litigation (PIL) seeking a judicial inquiry into the recent terror attack in Pahalgam, stating that such actions could "demoralise" security forces at a crucial time, reported Live Law.

Slamming the petitioners, the court said the petitioners should have considered the sensitivity of the matter before moving the court.

UPI transaction value dips 3% to ₹23.9 trillion in April, volume dips 2%

UPI transaction value dips 3% to ₹23.9 trillion in April, volume dips 2%

Unified Payments Interface (UPI) transactions in April declined by 2 per cent to 17.89 billion, while the transaction value dropped by 3 per cent to ₹23.95 trillion, following a stellar performance in March 2025 driven by year-end sales.

In March, the transaction volume stood at 18.30 billion and the value at ₹24.77 trillion, reflecting increases of 14 per cent and 13 per cent, respectively, over February, according to data from the National Payments Corporation of India (NPCI).

'Not in control, lives in own world': HC slams Ramdev over Rooh Afza video

'Not in control, lives in own world': HC slams Ramdev over Rooh Afza video

The Delhi High Court on Thursday strongly reprimanded Yoga guru Ramdev for allegedly repeating his controversial "sharbat jihad" comments against Hamdard’s Rooh Afza in a fresh video, despite earlier court warnings, reported LiveLaw.

The court stated that Ramdev was "not in control of anyone" and "lived in his own world", observing that his actions amounted to prima facie contempt of court.

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