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INDIA BUSINESS | Sun, 28 Jun 2026, 2:57PM IST Prestige Estates Projects Ltd holds a substantial Rs 65,000 crore in unrecognised revenue, fueled by robust housing sales. The company reported record bookings of Rs 30,024 crore for fiscal 2025-26 and anticipates even stronger performance this year. Discussions are underway with auditors to potentially adopt the percentage of completion method for revenue recognition, a shift from their current completion-based approach.

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INDIA MARKET | Sun, 28 Jun 2026, 2:37PM IST India lost the first T20I against Ireland by 34 runs.

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INDIA BUSINESS | Sun, 28 Jun 2026, 2:36PM IST Realty firm Embassy Developments will invest Rs 1,500 crore to construct a 3 million sq ft office complex in Bengaluru as part of its strategy to generate rental income from commercial assets. The company is mainly into housing segment with presence across Bengaluru, Mumbai Metropolitan Region (MMR) and Delhi-NCR. In an interview with PTI, Embassy Developments Managing Director Aditya Virwani mentioned that the company's focus would largely remain on the growing residential business. However, he said the company would build office assets for rental income. Virwani said the company will develop a large 35-acre office complex in Bengaluru comprising 6 million sq ft area. "We will develop this project is two phases. The construction of first phase covering 3 million sq ft has started," he said. Asked about investments for the first phase, Virwani said it would be around Rs 1,500 crore, excluding land cost. Virwani said the office spaces would be leased to corporates. Bullish on In

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INDIA BUSINESS | Sun, 28 Jun 2026, 2:32PM IST India's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital platforms. Key demands include broadcasting news, reduced GST, smartphone FM tuner activation, and revised license fees. While the government acknowledges technological shifts, the industry warns of further closures without urgent reforms to ensure fair competition and survival.

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GLOBAL NEWS | Sun, 28 Jun 2026, 2:30PM IST How one silly syllable ignited a bitter dispute over the nature of reality on Polymarket.

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INDIA MARKET | Sun, 28 Jun 2026, 2:13PM IST The former Uber India and South Asia president will join in September as OpenAI's most senior executive in the country, overseeing growth, partnerships, enterprise adoption and regulatory engagement

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INDIA NEWS | Sun, 28 Jun 2026, 2:12PM IST Beirut: Hezbollah Secretary-General Sheikh Naim Qassem has issued a blistering rejection of the newly signed framework agreement between the Lebanese authorities and Israel, formally declaring the pact "null and void."In a statement issued following the announcement of the US-mediated deal, Qassem characterised the agreement as a "humiliating" and "shameful" surrender of Lebanese sovereignty that prioritises Israeli and American dictates over the nation's independence.The Hezbollah leader centred his critique on the claim that the agreement bypasses the superior protections offered by a separate Memorandum of Understanding between Iran and the US. According to Qassem, the MoU, which he described as a "gift of honour, dignity, and strength," stipulated an immediate, permanent cessation of hostilities, complete Israeli withdrawal and guaranteed Lebanon's territorial integrity.Read More: What challenges lie ahead for the US-Israel-Lebanon agreement?"The authorities are legitimizing the occupation for many years to come, and this could even lead to the annexation of these lands to the Zionist entity! This is an agreement that deprives the Lebanese of their right to return to their land. What business does the Israeli enemy have interfering in our internal affairs in Lebanon? Any agreement must be confined to the area south of the LitRiver and have no connection to any internal Lebanese matter concerning weapons, security, or the future of the country," he stated.Linking an Israeli withdrawal to the disarmament of the resistance throughout Lebanon is a very dangerous proposition that crosses all red lines and makes Lebanon a pawn in the hands of the Israeli enemy!He urged international and Arab pressure to be applied to force the Israeli enemy to adhere to this timeline, dismissing any agreement that links withdrawal to the internal disarmament of the resistance as a dangerous violation of Lebanon's right to self-defence.Qassem further launched a sharp attack on the Lebanese government, accusing officials of acting against the will of a significant portion of the population and violating the constitution by engaging in direct negotiations with what he termed the "Zionist enemy entity."He argued that the authorities possess no leverage in these talks because they "willingly abandoned the power of the resistance" and "stabbed the resistance in the back" through previous government decisions."We told the authorities that direct negotiations are nothing but gratuitous concessions to Israel, because they are meetings designed to force submission to the demands of aggression and the dictates of Israel and the United States. You are going to these meetings in hostility and disagreement with more than half of the Lebanese people, and in violation of the constitution and laws that consider the Israeli entity an enemy and hold accountable, legally, anyone who deals with it in word or deed. You have no leverage to fight with because you willingly abandoned the power of the resistance and the people, and you stabbed the resistance in the back by declaring it an outlaw in the heart of the war, from the very first moment," he stated."Where is the integrity of the Lebanese authorities and their responsibility towards their people and the protection of Lebanon's sovereignty, which the American guardian did not grant them a ceasefire, and when it came to them from the Pakistan talks between America and Iran in April 2026, they rejected it, which made the Israeli enemy commit the crime of Black Wednesday in which hundreds were killed and wounded, people were terrorized, and destruction was caused by one hundred air raids across Lebanon, starting from the capital, Beirut?" he asked.He further expressed deep alarm over the agreement's mechanisms, particularly the provision for a pilot program in two zones near the "Yellow Line," where the Lebanese Army would operate under Israeli monitoring. Qassem warned that this effectively legitimises a long-term occupation."What is this appalling blunder? What is this grave sin of surrendering sovereignty to the Israeli enemy? Netanyahu is allowing the Lebanese army to operate in two experimental zones! The enemy is monitoring its deployment and disarmament steps, and the tripartite committee is complying with the enemy's demands. The experimental period in these two zones could last for months, and no further experimentation will occur without a certificate of good conduct from the Israeli enemy and the implementation of what Israel failed to achieve on the ground!" he questioned.Qaseem signalled that Hezbollah intends to continue its operations, claiming that the current ceasefire does not diminish its right to defend the country.Read More: Hezbollah rejects US-brokered Israel-Lebanon security deal as 'surrender'"We will pursue all necessary means and exert international and Arab pressure to compel the Israeli enemy to abide by the first clause of the Memorandum of Understanding and withdraw from Lebanon," Qassem declared.He concluded the statement by urging Lebanese authorities to "retract your sins" and inviting them to cooperate on a national security strategy that prioritises the liberation of land and the return of displaced citizens, while reaffirming that Hezbollah would "continue as a resistance in the field to defeat the occupation."This follows the formal signing of the trilateral framework agreement by the United States, Israel and Lebanon on Friday.The accord, concluded after several days of intense deliberations in Washington, represents a major breakthrough aimed at ceasing hostilities between Israel and the Iran-backed Hezbollah group, though officials from both sides termed it merely an initial step towards a wider settlement.

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INDIA MARKET | Sun, 28 Jun 2026, 2:09PM IST These attacks have brought the existing ceasefire between Irand the US under pressure.

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INDIA MARKET | Sun, 28 Jun 2026, 2:07PM IST He is of Syrian descent, with both of his parents having emigrated from Syria before his birth. As someone of Syrian heritage, Zayn has enjoyed a unique relationship with WWE's growing fanbase in Saudi Arabia.

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INDIA MARKET | Sun, 28 Jun 2026, 2:03PM IST Through several significant efforts, the firm is expanding its infrastructure and implementing delivery ecosystems.

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INDIA BUSINESS | Sun, 28 Jun 2026, 1:57PM IST MSME fintech firm Progcap aims to raise up to USD 45 million (approximately Rs 425 crore) from share sales in FY28 to expand its lending business. "We are planning a capital raise through equity dilution next financial year," Progcap co-founder Himanshu Chandra told PTI. It would be through private placement of shares, and the quantum could be in the range of USD 40-45 million, depending on the valuation, he said. "We have enough capital to take care of growth needs for the current financial year. We may look at dilution of equity next financial year," he said, adding that the dilution would be in the single digit. The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers. The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh. The lending firm focuses on loans to retailers and wholesalers across 10

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INDIA BUSINESS | Sun, 28 Jun 2026, 1:40PM IST Government policies and tax reforms are making Indian equities a more attractive investment compared to other options, according to a JP Morgan report. These changes, coupled with rising investor participation via Systematic Investment Plans (SIPs), are expected to drive sustained inflows into the country's capital markets. Domestic investors are increasingly shifting savings towards financial assets, a trend reinforced by the favourable policy environment.

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INDIA NEWS | Sun, 28 Jun 2026, 1:40PM IST Government policy measures and changes in the tax treatment of various financial products have made equities increasingly attractive compared with other investment options, a JP Morgan equity research report said, adding that the trend is likely to support sustained inflows into Indian capital markets. The report said policy and taxation changes have strengthened the case for equity investing even as market returns remained subdued over the past two years. "Policy and tax are also supportive: equity is taxed at 12.5% LTCG, and the removal of indexation, taxation of insurance policy proceeds, and slab-rate taxation for debt mutual funds improves equity's relative appeal," the report said. According to JP Morgan, these structural policy changes, along with rising participation through Systematic Investment Plans (SIPs), are expected to continue supporting inflows into equity markets. "The inflows should continue due to tax and policy," the report said. The report noted that despite weak equity market returns and heavy selling by foreign portfolio investors over FY25 and FY26, domestic investors have continued to channel money into mutual funds through SIPs, reflecting a long-term shift in household savings towards financial assets. JP Morgan said the favourable policy environment has reinforced this structural trend by improving the attractiveness of equity investments relative to debt-oriented products and certain insurance investments. The report also highlighted that SIPs have emerged as the dominant source of equity fund inflows, helping cushion domestic markets against external volatility. Looking ahead, the global investment bank believes India's capital markets will continue to benefit from the ongoing financialisation of household savings, supported by policy measures and a steady rise in retail participation. However, it cautioned that the investment thesis would weaken if monthly SIP inflows remain below Rs 250 billion for a sustained period or if regulatory changes lead to a more than 20 per cent decline in derivatives trading volumes.

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INDIA BUSINESS | Sun, 28 Jun 2026, 1:29PM IST In a bold move, Tata Motors is enhancing its electric vehicle roadmap, with the goal of achieving over 30% EV integration by FY31. The brand is shifting from targeting niche adopters to appealing to the wider audience, introducing four new EV models along with a dozen upgrades. Innovations in battery tech promise to extend range and accelerate charging times, improving mainstream appeal for electric vehicles.

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INDIA BUSINESS | Sun, 28 Jun 2026, 1:27PM IST The Union health ministry is proposing to significantly cut down the time taken to issue manufacturing licenses for medical devices. Aimed at boosting ease of doing business and ensuring quicker access to quality products, the amendments will reduce timelines for low to high-risk devices. For instance, Class B devices will see a reduction from 140 to 115 days, and high-risk Class C and D devices from 105 to 90 days.

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INDIA BUSINESS | Sun, 28 Jun 2026, 1:09PM IST India's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite past privatization attempts, these public sector firms consistently ensure fuel availability, absorb price shocks, and maintain supplies nationwide. Their strategic role in energy security, especially given India's import dependence, highlights their critical importance beyond mere commercial operations.

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INDIA BUSINESS | Sun, 28 Jun 2026, 12:50PM IST Uttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit reports for 2024-25, crucial for maintaining transparency. With a 15-day deadline for compliance, failure could result in penalties reaching five percent of the project cost and a Rs 25,000 late fee.

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INDIA NEWS | Sun, 28 Jun 2026, 12:45PM IST French health officials said Sunday there had been around 1,000 more deaths than expected during a record-breaking heatwave that has baked much of western Europe for days."Since June 24, approximately 1,000 additional deaths (unconsolidated figures) have been observed compared to the deaths recorded in previous months," Public Health France said in a statement.The agency said areas under red alert for heat had been particularly badly affected, and 85 percent of the deaths had been those aged 65 and over.The sharpest increases, the agency said, involved people dying at home, especially in the Ile-de-France region that includes Paris and its suburbs."This observation serves as a reminder of the need for measures of solidarity toward people who are isolated or experiencing profound loneliness, including in highly urbanised areas," the statement said.The agency stressed that the figures were preliminary and were likely to be an underestimate.The heat eased across France on Sunday after days of punishing temperatures that saw the mercury rising above 40C in many areas.

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INDIA BUSINESS | Sun, 28 Jun 2026, 12:31PM IST A consumer commission has ruled that Air India is not liable for a flight diversion due to dense fog in Delhi, which caused passengers to miss their connecting flight. The commission emphasized that airlines cannot be held responsible for delays caused by circumstances beyond their control, such as adverse weather conditions impacting flight safety.

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INDIA MARKET | Sun, 28 Jun 2026, 12:30PM IST The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 ...

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INDIA MARKET | Sun, 28 Jun 2026, 12:29PM IST Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in market valuation. ICICI Bank led the surge, followed by HDFC Bank and Reliance Industries. However, Bharti Airtel, TCS, and LIC experienced significant valuation drops. This positive market sentiment was attributed to easing crude oil prices and improved geopolitical developments.

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INDIA MARKET | Sun, 28 Jun 2026, 12:28PM IST Karnataka has recorded a 42% rainfall deficit so far this monsoon, raising concerns over water availability across the state.

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INDIA MARKET | Sun, 28 Jun 2026, 12:27PM IST The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 ...

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INDIA BUSINESS | Sun, 28 Jun 2026, 12:17PM IST India has achieved a major aviation milestone with its first-ever satellite-based landing system approach on a jet aircraft. An IndiGo Airbus A320 successfully used the GAGAN system for a precision landing in Udaipur, marking a leap from previous turboprop-only operations. This advancement, developed by ISRO and AAI, enhances navigation accuracy and reduces reliance on ground infrastructure, positioning India among nations with indigenous satellite navigation capabilities.

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INDIA MARKET | Sun, 28 Jun 2026, 12:16PM IST The setting up and operations of these retail facilities will be outsourced to a private player.

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INDIA NEWS | Sun, 28 Jun 2026, 12:05PM IST New Delhi: Employers across the globe continue to have confidence in MBA degrees amid concerns whether artificial intelligence (AI) would make business school graduates redundant, according to a new report by Graduate Management Admission Council (GMAC).The report is based on an annual survey of global corporate recruiters by GMAC, known for conducting the GMAT exam and an umbrella body of leading business schools from across the globe.Across industries, more than half of employers agreed or strongly agreed that a graduate business degree is more important than ever as businesses adopt new technologies. However, one area of common concern being flagged by employers, which has grown harder to ignore, is professionalism.The survey drew responses from 621 recruiters and hiring managers across 39 countries, just over half of them at Global Fortune 500 companies, among the world's largest by revenue.Everyone reported at least some confidence in graduate management education, the umbrella term for MBA and the shorter, more specialised business master's degrees in fields such as finance, management and data analytics."In 2025, 99 per cent of employers expressed at least some degree of confidence in GME's ability to prepare graduates to be successful in their organisations. In 2026, not one respondent indicated they have no confidence, revealing the enduring value that employers believe GME provides to industry," the report said.When asked why they are confident in GME graduates, employers were found much more likely to cite the ability to handle the complex global business environment."In fact, this grew from the seventh to the most common reason employers selected, with nearly three-quarters of respondents appreciating GME graduates' capacity to thrive amid global complexity in 2026. The sizeable year-over-year growth was true regardless of an employer's region or industry."Though the capability to handle complex global environments was the only statistically significant change, there were some small declines in confidence attributed to several of the core business school skills discussed previously, such as communication and strategic thinking skills," it said.The report cited employers' opinion that in an era when AI can generate content, analyse data, and automate routine tasks, the distinctly human capabilities of communication, adaptability, and emotional intelligence have become harder to replicate-and, therefore, more valuable."For business schools, the most pressing implication is not simply that programs should teach AI skills (though that gap is real and growing). It is that schools must prepare graduates to operate with confidence at the intersection of technological fluency and human judgment," it said."More than half of global employers agreed that the skills gained through a business degree are more important than before for businesses that are now using remote or hybrid work, particularly in the technology, manufacturing, and healthcare and pharmaceutical industries," it added.Even as employer confidence in GME remains strong overall, one area of concern has grown harder to ignore - professionalism."Employers were asked whether today's GME graduates demonstrate the same level of professionalism (defined in the survey as reliability, respectfulness, accountability and professional appearance) as graduates from previous years, and the results point to a meaningful shift in perception. Among all respondents, there was a statistically significant decline in the number of employers who thought today's GME graduates demonstrated the same level of professionalism as graduates from previous years," the report said."Though the year-over-year differences by industry and region are within the margin of error, the decline was seen across sectors (excluding products and services), with technology employers still the most satisfied with today's graduates - workplace etiquette and consulting and manufacturing employers the least satisfied," it added.

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INDIA MARKET | Sun, 28 Jun 2026, 11:58AM IST In the sixth round of negotiations, South Korean Defence Minister Ahn Gyu-back and his Japanese counterpart Shinjiro Koizumi met in Seoul and decided to work on regional stability both bilaterally and through their alliances with Washington

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INDIA MARKET | Sun, 28 Jun 2026, 11:57AM IST Mumbai will remain mostly cloudy with occasional rain followed by steadier rain.

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INDIA BUSINESS | Sun, 28 Jun 2026, 11:57AM IST Summer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages, ice cream, and dairy products saw robust growth. Consumers are opting for more affordable refreshment options and impulse buys, with traditional hydration products also gaining popularity across urban and rural areas.

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INDIA MARKET | Sun, 28 Jun 2026, 11:55AM IST The 16-day event features a Ferris wheel, state fair attractions and exhibitions as debate continues over the political tone of the celebrations.

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INDIA MARKET | Sun, 28 Jun 2026, 11:51AM IST The UN migration agency found that about 6.76 million people were affected by the earthquake.

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INDIA MARKET | Sun, 28 Jun 2026, 11:49AM IST These attacks have brought the existing ceasefire between Irand the US under pressure.

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INDIA BUSINESS | Sun, 28 Jun 2026, 11:46AM IST As India enters the tenth year of rollout of the Goods and Services Tax, the focus is shifting from implementation to efficiency through use of artificial intelligence, data sharing and process simplification to reduce compliance costs, speed up refunds and tighten enforcement. The government is increasingly using technology to simplify compliance, particularly for micro, small and medium enterprises (MSMEs), while integrating GST, income tax and customs databases to improve risk assessment, curb tax evasion, and reduce manual intervention. GST implementation helped broaden the tax base, strengthened compliance and increased revenues, making the indirect tax regime one of India's most significant economic reforms. Introduced on July 1, 2017, GST replaced a complex system of 17 central and state taxes and 13 cesses with a unified indirect tax framework. The reform, rolled out after years of negotiations between the Centre and states, was aimed at creating a common national market and

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INDIA NEWS | Sun, 28 Jun 2026, 11:43AM IST New Delhi: Noting that India attained achievements concerning security and self-reliance in June that will fill every citizen with pride, Prime Minister Narendra Modi on Sunday lauded the maiden successful flight of the first made-in-India C-295 military transport aircraft and DRDO successfully testing the indigenous 'Long-Range Land-Attack Cruise Missile'.In his monthly 'Mann ki baat' programme, PM Modi said also referred to the induction of INS Dunagiri, INS Sanshodhak, and INS Agray in the Indian Navy earlier this month.Also read: Integrated command centre powers multi-layered Amarnath yatra security in Jammu"Half of the year 2026 is drawing to a close. Over these six months, we have discussed numerous achievements of our countrymen in Mann Ki Baat. In June as well, the nation has attained certain achievements that fill every citizen with pride. These successes are linked to the country's security and self-reliance," he said."Recently, I had the opportunity to attend a Navy-related event in Kolkata. There, INS Dunagiri, INS Sanshodhak, & INS Agray were inducted into the Indian Navy's fleet. Everything - from the design to the manufacturing of these ships - is indigenous," he added.He said the country also achieved a major success in the aviation sector in June."The C-295 aircraft is 'Made in India'; C-295 aircraft has completed its maiden flight and 40 such aircrafts are being manufactured right here in India. This is providing new momentum to the MSME and aerospace sectors, raising employment opportunities, and strengthening the resolve for an Atmanirbhar Bharat," he said."This month, the DRDO also successfully tested an indigenous 'Long-Range Land-Attack Cruise Missile'. It was developed jointly by DRDO laboratories and Indian industry partners; in other words, from the seas to the skies, our India is becoming increasingly secure and self-reliant," he added.Also read: The rise of Indias art collectives and how they are reshaping identity, access, and creative practiceDefence Research & Development Organisation (DRDO) conducted a successful flight-test of Long Range Land Attack Cruise Missile (LRLACM) from Dr APJ Abdul Kalam Island off the coast of Odisha on June 15, 2026.All the test objectives were fully met, as per the data captured by various tracking instruments deployed by Integrated Test Range, Chandipur.The LRLACM is an indigenously developed missile with all sub-systems developed by various DRDO laboratories and Indian Industry partners. Aeronautical Development Establishment, Bengaluru is the Nodal Laboratory. The launch was witnessed by senior officials from DRDO and user representatives from the Indian Navy and the Indian Air Force.

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INDIA MARKET | Sun, 28 Jun 2026, 11:41AM IST US says it targeted 10 military sites in and around the Strait of Hormuz after Iran allegedly attacked an oil tanker, raising concerns over the stability of the ceasefire.

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INDIA NEWS | Sun, 28 Jun 2026, 11:29AM IST India's policy week was marked by US trade talks, weak core output, stronger FDI, coal-import substitution and a faster disinvestment push

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INDIA MARKET | Sun, 28 Jun 2026, 11:28AM IST A Trendlyne-backed analysis of Nifty Midcap 100 stocks highlights several companies with strong upside potential over the next 12 months. Based on analyst consensus estimates, these midcap names could deliver returns of up to 75%, offering investors a data-driven view of high-growth opportunities across sectors.

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INDIA MARKET | Sun, 28 Jun 2026, 11:28AM IST A Trendlyne-backed analysis of Nifty Midcap 100 stocks highlights several companies with strong upside potential over the next 12 months. Based on analyst consensus estimates, these midcap names could deliver returns of up to 75%, offering investors a data-driven view of high-growth opportunities across sectors.

Continue reading at Economic Times

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INDIA NEWS | Sun, 28 Jun 2026, 11:24AM IST A new generation of small nuclear reactors is up and running -- or nearly so -- in the United States, in what backers are calling a turning point for the industry.The milestone, made possible by billions in private and government funding, was on display in the middle of the Idaho desert, where a cluster of drab hangars might otherwise go unnoticed.But the presence of heavily armed soldiers, security checkpoints, and signs warning of radioactivity are anything but ordinary.It was here, at the Idaho National Laboratory (INL), that startup Antares on June 4 became the first company to run a new-design nuclear reactor in the US in nearly 50 years."This is the first real moment in this new nuclear renaissance," said Jordan Bramble, CEO of Antares.Aalo Atomics, another participant in the program launched in 2025 under President Donald Trump, is set to do the same in the coming days -- also here in Idaho, just hours before a presidential target date: July 4 and the nation's 250th anniversary.Meanwhile, on June 18, another startup, Valar Atomics, hit the same milestone in Utah, reaching what is known as criticality -- the point at which a reactor can sustain its own nuclear chain reaction.After developing more than 50 reactor prototypes -- including the world's first to feed electricity into the grid, in 1951 -- INL had pressed pause following accidents at Three Mile Island in the US and Chernobyl in current day Ukraine.Then came the war in Ukraine, followed by the AI boom -- putting the energy sector under severe strain and leading both Joe Biden and Donald Trump to revive civilian nuclear power.'Simpler'Billions of dollars in both private and public funding have already been mobilized to develop these small modular reactors (SMRs) -- compact enough that one was transported to the site towed by a pickup truck.SMRs promise cheaper, faster-to-build nuclear power that can go almost anywhere -- from remote military bases to power-hungry data centers. But they have yet to be proven at commercial scale, and some analysts doubt they can compete on cost with wind and solar.Beyond financial support, the government has put INL's facilities and staff -- who have accumulated nearly 80 years of experience -- at the disposal of the selected companies.The new reactors also use different technology from conventional plants, ruling out the kind of cascading disasters seen at Three Mile Island and Chernobyl, and allowing for far simpler, cheaper construction."The whole plant can get simpler. We don't need to have several feet thick of concrete and steel line containment," said Yasir Arafat, President and CTO of Aalo Atomics.'Golden age'Even as the pace has sharply accelerated, Tori Shivanandan, President and COO of Radiant Nuclear, does not want regulatory shortcuts.The team at the lab, "they hold the line, and we want them to, because ultimately, if we don't make safe products, we'll never sell reactors," she said.Reaching criticality is not the same as being ready for commercial use.The reactor designs -- whose prototypes operate under a special government waiver -- still need to be cleared by the US nuclear regulator, the NRC.But Energy Secretary Chris Wright, speaking to AFP at a "celebration of the golden age of nuclear energy" in Idaho Falls, was bullish on the timeline."We'll have hundreds by the end of the decade. In fact, our aggressive goal is we will have some of these reactors producing electricity for beneficial use next year," he said.If all goes according to plan, Radiant's first SMRs will go to US military sites, as will Antares's, while Aalo is targeting data centers.Nuclear power is also positioning itself as a tool for American influence abroad, with China the only other country operating an SMR."Every country I go to asks about the next-generation American nuclear technology. I say...it's happening right now," Wright said."This will be a massive American export a decade from now," he added.

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INDIA BUSINESS | Sun, 28 Jun 2026, 11:24AM IST With India's electric vehicle adoption crossing the 'early adopters' phase, Tata Motors Passenger Vehicles is turning to majority of customers to drive EV adoption with four new products and over ten refreshes lined up for launch by FY31 to sustain its leadership position. Early Adopters are those consumers who adopt a new idea or technology to gain a competitive edge. The company is preparing for the next phase of growth in its electric vehicles segment, eyeing over 30 per cent EV penetration by FY31, according to an investor presentation. "Currently, EVs are being considered by the early majority; we will enhance products to drive adoption among early and late majority customers," the company said. Early majority consumers are those who need to see successful case studies before buying, while late majority consumers are skeptical individuals who adopt only after the average person has adopted a new idea or technology. EV adoption in India has crossed "from early adopters into th

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