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FCNR(B) Deposits: India Need Not Worry About Repayment, Says World Bank’s Neelkanth Mishra

World Bank Executive Director Neelkanth Mishra says India need not worry about FCNR(B) deposit repayments, noting the relatively cheap foreign-currency funding can be rolled over.

Govt Launches ‘BIO-NIVESH’ to Boost Investment in Biotechnology Innovations

The government has launched BIO-NIVESH to strengthen links between biotechnology innovators, investors and industry, catalyse private capital and accelerate biotech commercialisation.

Nearly 40 Million Tving Accounts Compromised in Major South Korea Data Breach

A government-civilian investigation found that 39.54 million Tving user accounts and 361 technical assets were compromised in a major hacking incident in South Korea.

India Services PMI Rises to 54.1 in August; Job Growth Hits 15-Month High

India’s services PMI rose to 54.1 in August from 53.3 in July, with resilient demand, stronger new business and employment growth reaching a 15-month high, HSBC data showed.

Govt Notifies ‘One Nation, One Time’ Rules to Standardise Indian Time

The government has notified Legal Metrology (Indian Standard Time) Rules, 2026 to make IST the common legal time reference and strengthen digital, critical infrastructure and cybersecurity.

Ram Mohan Naidu Calls for Automated NOC Process, 15-Day Clearance

Civil Aviation Minister Ram Mohan Naidu directs officials to simplify, automate and decentralise the aviation NOC process, with action on proposed reforms within 15 days.

India Must Double Electricity Share in Energy Mix by 2047: CEA Chief

CEA Chairperson Ghanshyam Prasad says India must raise electricity’s share in total energy consumption to 45-50% by 2047 to support industry, mobility and digital infrastructure while advancing net-zero goals.

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