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PhonePe Gets In-Principle UAE Approval for Payment Licences, Eyes Digital Payments Expansion

PhonePe has received in-principle approval from the UAE central bank for payment licences, paving the way for its regulated entry into the Emirates and expansion of digital payment services.

Bharat Dynamics Gets Rs 811 Crore Deal for 160 Anti-Airfield Glide Bombs for IAF

The Defence Ministry has signed a Rs 810.79 crore contract with Bharat Dynamics Limited for 160 SAT-SAAW anti-airfield weapons and associated equipment for the Indian Air Force.

India’s Ethanol Demand Likely to Reach 17.9 Billion Litres by FY31: Brickwork Ratings

India’s ethanol demand may reach 17.9 billion litres by FY31 under E25 blending, while E30 could push demand to 21.5 billion litres, requiring fresh capacity.

IMEI Tampering Can Lead to 3 Years Jail, Rs 50 Lakh Fine: Govt

Intentionally altering or tampering with a mobile phone’s IMEI is unlawful and may attract up to three years’ imprisonment, a fine of up to Rs 50 lakh, or both. Sanchar Saathi helps users verify IMEI details and block lost or stolen handsets.

India’s Defence Production Hits Record Rs 1.8 Lakh Crore in FY26, Exports Surge 63%

India’s defence production reached a record Rs 1.8 lakh crore in FY26, up 15.6% year-on-year, while defence exports jumped 63% to around Rs 38,000 crore, according to an Emkay Global Financial Services report.

Fitch Raises India’s FY27 GDP Growth Forecast to 6.9% on Economic Resilience

Fitch Ratings has raised India’s FY27 GDP growth forecast to 6.9% from 6.4%, citing stronger-than-expected economic activity and resilience to energy-price shocks linked to West Asia tensions.

Tuna caught in Indian waters safe to eat, says CMFRI amid parasite concerns

ICAR-Central Marine Fisheries Research Institute (CMFRI) has clarified that tuna caught along the Indian coast is safe to eat. The institute said parasite reports from tuna caught off Brazil cannot be linked to fish from Indian waters and advised consumers to follow proper cleaning, handling and thorough cooking practices.

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