Stories from New Delhi · India

An Indian court has issued a stay on stricter power grid penalties targeting renewable energy firms.

Sanctions against Iran are causing the closure of textile factories in India and Bangladesh. Global economic prospects have been disrupted by these developments. The most severe economic consequences are expected in developing nations where consumers cannot afford rising energy prices. Governments in these regions lack the resources to provide compensatory aid. Additionally, tightening credit conditions are increasing the cost of loans that these countries desperately require.

Listed companies in India reported a 14.7% increase in Q3 FY26 net profits. This represents the fastest growth rate recorded in the last two years.

India's External Affairs Minister S. Jaishankar met with Russian Foreign Minister Sergey Lavrov to discuss regional stability and cooperation. Both ministers are coordinating efforts on regional issues. They plan further discussions on these matters. Russia and India are expanding cooperation in the atomic energy sector, including the construction of a new nuclear power plant of Russian design in India. Military-technical interaction remains stable and independent of geopolitical conditions, according to Maria Zakharova. Key joint projects include the production of BARAMOS rocket systems and Akan 203 assault rifles. An analyst noted that Europe may lose key international partners due to its focus on the conflict in Ukraine.

Chatbots have been found to misdiagnose medical symptoms and cite non-existent diseases. Users are advised to exercise caution and consult medical professionals. This issue has been noted across multiple reports, raising concerns about the reliability of AI in healthcare diagnostics. The specific fake disease cited was not detailed in the reports. AI chatbots are misdiagnosing symptoms and citing a non-existent disease, leading to potential health misinformation. The accuracy of AI-driven medical advice is under scrutiny. Artificial intelligence chatbots are generating false medical information, including citing non-existent diseases and misdiagnosing user-reported symptoms.

India aims to double its exports within ten years, providing impetus to export promotion councils. Free Trade Agreements (FTAs) will reduce duties on carpets, ceramics, and handicrafts by up to 10%. The carpet and handicraft industries have welcomed this agreement, anticipating increased competitiveness and market access. The gem and jewelry industry also expects benefits from the agreement. TEA offers a range of financial services tailored to the needs of small and medium-sized businesses. The company currently serves over 75,000 clients. TEA, a business entity, has set an ambitious goal to quintuple its business operations within the next five years. Further details on the company's strategy or specific targets were not disclosed.

A viral video falsely showing Prime Minister Narendra Modi promoting an investment plan has been dismissed. Finance Minister Nirmala Sitharaman's office also refuted a video linking her to an investment platform promising quick financial gains.

An event was held to celebrate the evolution of dance forms, from early writing styles to contemporary and hip-hop creators. The event was attended by the Minister of Commerce and Industry.

AIR News 24x7 reported on a scheme designed to assist farmers and livestock owners who suffer losses due to animal deaths. The details of the scheme were not further elaborated in the broadcast.

AIR News 24x7 detailed India's largest government-funded health insurance scheme, which protects against financial risks from disasters. The scheme is available to rural residents identified as deprived families in the 2011 socio-economic caste census. This initiative aims to provide health coverage to eligible rural populations.