Gujarat EV Sales Jump 75.5% on Tax Incentives, Fuel Worries

Gujarat's electric vehicle sales surged 75.5% year-on-year in March, with pure EVs more than doubling, as buyers rushed to beat expiring tax incentives amid fuel shortage concerns. The state has extended RTO-linked incentives until 2027.

Sensex Jumps 1.65%, Nifty Ends Over 22,600 Points

Indian stock markets surged significantly, with the Sensex gaining 1.65% and the Nifty closing above 22,600 points, driven by optimism over potential geopolitical de-escalation and positive global cues.

Mumbai Port Hits Record 75.15 MMT Cargo, 9.5% Growth

Mumbai Port Authority recorded its highest-ever cargo throughput of 75.15 million metric tonnes in 2025-26, marking 9.5% growth. It also led in cruise tourism with 95 calls and advanced shipbuilding projects.

Airlines Adjust Strategy as Aviation Fuel Prices Stabilize

Indian airlines are adopting calibrated strategies, including capacity adjustments and route optimization, in response to contained aviation turbine fuel price increases, ensuring operational stability and market competitiveness.

Oracle India Layoffs Hit 10,000-12,000 Jobs in AI Restructuring

Oracle's aggressive AI infrastructure expansion triggers massive layoffs in India, affecting 10,000-12,000 employees. The restructuring, costing up to $1.6 billion, highlights business challenges as the company raises $45-50 billion for cloud growth.

Dakshina Kannada Milk Production Rises Sharply This Season

The Dakshina Kannada Cooperative Milk Producers' Union reports a significant increase in milk production, recovering from last summer's decline. Output has risen from 3.3 lakh to 4.2 lakh litres, with expectations to reach 4.8 lakh litres this monsoon.

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