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Coal India said Tuesday that it is targeting to invest about ₹1,900 crores for research and development (R&D) by fiscal year 2030, as it looks to spur their activities in the realm.The Kolkata-headquartered miner had spent ₹61 crore on R&D in fiscal year 2023-24, which increased fourfold to ₹245 crore in the subsequent financial year with the establishment of the National Centre for Coal and Energy Research (NaCCER).Norms laid out by the Dept of Public Enterprises mandate annual expenditure on research and development must average one percent of the entity’s profit before tax from the preceding three years.At present, the…

Influential: Banton was all praise for Stokes’ impact on the game and the England team. | Photo Credit: Reuters Ben Stokes’ magical knock at Headingley against Australia in 2019 defied all odds, as the England all-rounder, alongside No. 11 Jack Leach, pulled off one of the most improbable victories in Test history.The innings was one of the major highlights of Stokes’ career.England batter Tom Banton said Stokes — who retired from international cricket on Monday — had a huge impact on the game, and identified the Headingley epic as his favourite moment.“His knock at Headingley, batting with my Somerset teammate…

The Monthly Economic Review by the Department of Economic Affairs further said that this resilience of remittance inflows is consistent with what happened during previous crises such as the COVID-19 pandemic. File | Photo Credit: The Hindu Despite the West Asia crisis, net remittances from the region to India rose to $16 billion in April 2026, the second month of the conflict, up 70% over the same period of last year, according to data presented by the Ministry of Finance in its latest report. The Monthly Economic Review by the Department of Economic Affairs further said that this resilience of remittance…

The government on Tuesday (June 30, 2026) extended nil customs duty on the import of 40 critical petrochemical products by 15 days till July 15 to ensure continuity of supply stability amid the West Asia crisis.The full customs duty waiver on such products provided on April 2 was a “temporary and targeted relief”, and was set to lapse on June 30.In a statement, the Finance Ministry said the exemption on April 2 was provided to ensure sufficient availability of petrochemicals in the domestic market as Indian petroleum companies had been asked to concentrate on the production of LPG during this…

While speaking at a business conference in London last week, Commerce Minister Piyush Goyal questioned the methodologies employed by sovereign ratings agencies in assigning ratings to India, saying they have been “unfair to India”. On the other hand, he praised one ratings agency — CareEdge Ratings — for being “objective”. This is not the first time the Indian government has pointed out its problems with the global sovereign ratings agencies. The Hindu looks into what the issues are.What do the ratings agencies measure?India is rated by seven international sovereign credit rating agencies: Standard and Poor’s (S&P), Moody’s Investors Service, Morningstar…

Harmanpreet Kaur. File | Photo Credit: PTI Harmanpreet Kaur was on Tuesday (June 30, 2026) retained as captain of a largely predictable 15-member India squad for this year’s Asian Games in Japan despite the side’s earlier-than-expected exit from the ICC Women’s T20 World Cup in England.The Asian Games is scheduled to be held in Aichi-Nagoya, Japan, from September 19 to October 4. The Indian team’s World Cup campaign ended on Sunday (June 28, 2026) after a group-stage loss to Australia.The team will enter the Asian Games as defending champions, having won the gold medal at the event’s previous edition in…

U.S. Ambassador to India Sergio Gor. File | Photo Credit: The Hindu The U.S.-India trade deal is in its “final steps”, with only the last one per cent of negotiations left to be concluded, US Ambassador to India Sergio Gor said on Tuesday (June 30, 2026), expressing confidence that the deal would soon be sealed after nearly 18 months of talks.Addressing the US-India Strategic Partnership Forum Leadership Summit in Washington, Mr. Gor said he was determined to conclude the agreement as it would be beneficial to both nations.”We are in the final steps on this deal. Most of this deal…

India’s first Twenty20 International outing after lifting the 2024 T20 World Cup in the Americas ended in a crushing defeat to an unfancied opponent. History repeated itself last week as they courted a similar result in their first fixture after successfully defending the world crown at home this March.Nearly two years earlier, in July, a second-string outfit led by Shubman Gill went down by 13 runs to Sikandar Raza’s team at the Harare Sports Club. Fear not, said the intrepid bunch; Abhishek Sharma made up for a four-ball duck on debut with a stunning century in game two, the catalyst…

India’s first Twenty20 International outing after lifting the 2024 T20 World Cup in the Americas ended in a crushing defeat to an unfancied opponent. History repeated itself last week as they courted a similar result in their first fixture after successfully defending the world crown at home this March.Nearly two years earlier, in July, a second-string outfit led by Shubman Gill went down by 13 runs to Sikandar Raza’s team at the Harare Sports Club. Fear not, said the intrepid bunch; Abhishek Sharma made up for a four-ball duck on debut with a stunning century in game two, the catalyst…

The Aussies have been on a roll. | Photo Credit: Getty Images London is cooling down.You don’t find, at the moment, people travelling with their small, portable fans, or even one of those hand fans that Jane Austen’s heroines from the Regency England would carry to the balls.The form of the Australian team is only getting hotter at the T20 Women’s World Cup, though. After scoring a comfortable six-wicket win in their last league match against India, the Aussies are all ready for their next opponent.The West Indies’ route to the knockouts hardly resembles Australia’s. While Australia beat South Africa…