Power Demand Jumps 7% in December Amid Cold Wave
India's electricity demand surged nearly 7% in December 2024, reaching a peak of 139,000 MW, driven by heating needs during a severe cold wave. Explore the data and grid implications.
Category : Business
Coimbatore's Ukkadam Bus Stand redevelopment on track for 2026
Coimbatore's ₹21.55-crore Ukkadam Bus Stand redevelopment is 50% complete, with two new terminals set to launch by February 2026. Get the latest updates on the project timeline and new facilities.
India's Data Centre Investments to Jump 20% in 2026
India's data centre industry is set for a 20% investment surge in 2026, driven by AI demand and sovereign cloud needs. Capacity could hit 2GW, with billions pledged by global and local giants.
Auto Industry Divided on 2027 Fuel Efficiency Norms
India's auto sector faces internal conflict over draft CAFE 3 & CSFC norms. With April 2027 deadline, the disagreement threatens to delay progress on national climate targets and EV adoption goals. Read more.
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India Seeks Russian Market Access for Goods Amid Trade Deficit
India is negotiating with Russia to lower trade barriers for electronics, engineering goods, and food to utilize over $50 billion in rupee balances. Learn about the key challenges and high-level talks.
India's Manufacturing Growth Slows to 2-Year Low in December
India's manufacturing sector growth eased in December 2024, with the HSBC PMI hitting a two-year low of 55.0. Export orders and employment moderated, while business sentiment weakened. Explore the key drivers and implications.
Russian oil discount to India jumps to $8 a barrel
Russian crude suppliers now offer Indian refiners discounts up to $8 per barrel, doubling since October. This could lower India's import bill as global oil prices hover around $60. Read more.
India's PE Market Shifts: Enterprise Tech, Deeptech Lead 2026 Wave
India's private equity landscape evolves as enterprise tech and deeptech lead the next wave. Deal volume rises but value dips, signaling investor selectivity. Discover the key trends shaping 2026 investments.
Emerging Market Index Soars to 5-Year High on AI Bets
Emerging market stocks surge to a near five-year peak in 2026's first session, driven by AI optimism in Asia. Tech shares lead gains as investors seek value beyond US markets.
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Rupee Weakens Past 90 Mark Against US Dollar
The Indian rupee closed at 90.20 per dollar, marking a two-week low. Key factors include importer demand and RBI's intervention stance. Get the full market analysis here.
Adani Enterprises Launches Rs 1,000 Crore NCD Issue
Adani Enterprises enters the bond market with a Rs 1,000 crore NCD offering to reduce its substantial debt. Retail investors get 35% allocation. Subscription opens Jan 6.
Ahmedabad: Builder's Permit Suspended After Labourers' Deaths
Ahmedabad Municipal Corporation halts construction at Ambawadi site after fatal accident. Two workers died, one critical. Vardhaman Developers served notice for negligence. Read details.
ITC stock target price cut 26% after tobacco tax hike
Major brokerages downgrade ITC and cut target price by up to 26% following a proposed sharp hike in taxes on tobacco products. The stock fell over 13% in two sessions. Read more.
Rs 42,000 Cr Investment in Electronics Components Approved
Centre approves 22 proposals from Samsung, Foxconn, Tata & others under ECMS to boost domestic production, cut imports. Investments to create Rs 2.6 lakh crore output.
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Milma TRCMPU Announces Rs 4.15 Crore Dairy Farmer Bonus
Milma's Thiruvananthapuram union announces a Rs 4.15 crore incentive. Dairy farmers to get Rs 3/litre extra for Oct 2025 milk. A major New Year boost for the sector.
Kochi's Thammanam-Pullepady Road Project Moves Ahead
Kerala govt approves land acquisition for Kochi's crucial 4km east-west corridor. Project aims to ease city congestion after decades of delay. Read details on compensation & timeline.
Govt Extends Meenesh Shah's NDDB Tenure by 3.5 Years
The Government of India has extended Meenesh Shah's tenure as NDDB Chairman for three-and-a-half years. Discover his key roles and impact on India's dairy sector.
Vande Bharat Stops for 1 Hour After Bird Strike
A Vande Bharat Express train was halted for nearly an hour near Bengaluru after a bird strike damaged its power supply. The incident occurred on Friday afternoon. Read the full details here.
Kamaraj Road in Bengaluru Fully Reopens After 6-Year Closure
Bengaluru's key Kamaraj Road stretch between MG Road and Cubbon Road is now fully open, ending a six-year closure for Metro work. This move is set to significantly improve traffic flow and connectivity between Commercial Street and Brigade Road. Read more
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500 Acres in Noida for AI & Fintech Hub by YEIDA
YEIDA earmarks 500 acres in Sector 11 for an AI and financial services hub. The plan includes data centres and aims to attract global firms, boosting Noida's tech ecosystem. Read more.
Mumbai Metro 3 Improves Life for Seniors, Professionals
Mumbai's Metro 3 Aqua Line is transforming daily commutes and social lives. Retired couples and young professionals share how the new infrastructure saves time, reduces stress, and opens up the city. Discover the impact and the challenges that remain.
Chennai Metro's 2025 Ridership Soars to Record 11.19 Crore
Chennai Metro Rail (CMRL) achieves its highest-ever annual ridership of 11.19 crore passengers in 2025. Discover the growth journey, digital ticket discounts, and future outlook for Chennai's urban transit.
TSX Rises 0.5% in 2026 Opening, Energy Shares Jump
Canada's TSX composite index started 2026 with a 0.5% gain, led by surging uranium and energy shares, despite weak manufacturing data. Read the full market analysis.
PHL Variable Insurance Faces Liquidation, Legal Action Looms
Connecticut regulators abandon rehab plan for PHL Variable Insurance, may liquidate. A $2.2B shortfall found. Policyholders' $500M+ withheld. Potential lawsuit against Golden Gate Capital. Read for details.
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Oil Steady at $61 as Supply Surplus Offsets OPEC Risks
Oil markets opened 2026 cautiously as a forecast 3.8 million barrel daily surplus counters Middle East tensions. Key OPEC meeting set for Jan 4. Read the full analysis.
Kolkata Metro Airport-Birati Work Starts After Puja
Construction of the 6.8 km Kolkata Metro Yellow Line extension from the airport to Birati has officially begun. The Rs 1,330 crore project, awarded to Cemindia, aims to enhance connectivity to Barasat. Read the latest updates.
Kolkata Delivery Partners Strike Over Low Wages
Around 60 e-commerce delivery partners in Kolkata's Tollygunge are on strike demanding better pay. Services disrupted in Bansdroni area. Read the full story.
Kolkata's 'Mini Bangladesh' hit by 2nd year of tourist slump
Central Kolkata's 'Mini Bangladesh' area sees a sharp drop in Bangladeshi tourists for the second consecutive Dec-Jan season, hurting traders and hoteliers. Read about their cautious hope for the new year.
Dow Rises on Nvidia, Intel Gains; Trump Delays Furniture Tariffs
The Dow Jones ended higher, snapping a four-day losing streak, led by gains in Nvidia and Intel. Furniture stocks surged after Trump postponed tariff hikes. Tesla slid on weak sales. Key market insights for 2026.
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Footwear factory in Malappuram gutted in major fire
A footwear manufacturing unit in Malappuram's Aravankara was destroyed in a major fire on Friday. 11 fire tenders fought for 6 hours to control the blaze. Suspected cause is a short circuit.
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