Govt Opens Window for 50 Industrial Parks Under Bhavya Scheme
The Indian government has opened a four-month window for states to apply for the first 50 industrial parks under the Rs 33,660 crore Bhavya scheme, with incentives for early completion.
Category : Business
NTPC Consolidated Profit Up 15% to Rs 27,546 Crore in FY26
NTPC's consolidated profit rose 15% to Rs 27,546 crore in FY26, driven by a 29% jump in joint venture profits and strong subsidiary contributions.
PM Modi's Travel Appeal May Boost Domestic Tourism
Prime Minister Modi's call to avoid foreign travel for a year could boost domestic tourism if airfares and hotel tariffs are regulated, say industry experts.
Deven Mehta Invests in Defence and Data Centres
Boutique investment banker Deven Mehta is investing in defence manufacturing and data centres, sectors crucial to India's strategic growth, with major investments in Balu Forge and a US-based data centre firm.
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JSW Begins Prospecting at Gadchiroli Iron Ore Block
JSW Group has started prospecting at a Gadchiroli iron ore block, a key step toward building a 25-million-tonne steel plant. Chairman Sajjan Jindal confirmed the project will proceed once mining licenses are secured.
US becomes second largest source of FDI into India
The US overtook Mauritius to become India's second largest FDI source in 2025-26, with equity investments doubling to over $11 billion. Singapore remained top, while Japan saw a surge.
Pune APMC to Build Advanced Processing Unit for Farmers
The Pune APMC will develop an advanced processing unit at Gultekdi Market Yard to process farm produce into products like puree, pickle, and dried vegetables, ensuring farmers get fair prices even during market crashes.
Chandigarh Bars B2C Activities in Industrial Areas
Chandigarh administration prohibits B2C activities in Industrial Areas Phase I and II under Master Plan 2031 amendments, allowing only B2B operations to preserve industrial character.
Chandigarh Bans B2C Activities in Industrial Areas I and II
Chandigarh administration prohibits B2C operations in Industrial Areas Phases I and II under Master Plan 2031 amendments, preserving industrial character while allowing B2B activities.
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Noida Commute Nightmare: Residents Face Ordeal Due to Road Construction
Ongoing road construction in Ghaziabad's Indirapuram, Vaishali, and Kaushambi has turned morning commutes into a nightmare, forcing residents to leave early or switch to night shifts.
Fire at Machkund Hydro Project in Odisha, Four Injured
A fire broke out at the Machkund Hydroelectric Project in Odisha's Koraput district on Saturday, trapping four workers who suffered suffocation. The blaze was extinguished by 4 PM, and no casualties were reported.
Goa hospitality talent drain: skilled workers leave for Dubai
Goa's booming tourism faces a quiet crisis as skilled hospitality workers leave for better pay in Dubai, Singapore and cruise lines, threatening service quality and growth.
Rajasthan Fuel Price Hike Strains Budgets, Boosts State Revenue
Fuel prices in Rajasthan have surged to Rs 109.87 per litre for petrol and Rs 95.05 for diesel, straining household budgets. The state's VAT system automatically increases tax revenue without a formal hike, drawing criticism from dealers.
Jaipur Buses Run Out of Diesel Mid-Route, Passengers Stranded
Two low-floor buses on Route 14 in Jaipur ran out of diesel consecutively, stranding passengers. Union alleges diesel theft by drivers at night, with management failing to act.
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Goa Proposes Special Incentives for Major Investments
Goa Investment Promotion Board proposes special incentives for big-ticket investments by Vedanta, IFB, Siemens, Syngenta, and 3B Advanced Composites, including GST reimbursement and duty waivers.
Massive Fire at Plastic Factory in Bhiwadi Industrial Area
A massive fire broke out at Girdhar Rollerep Pvt Ltd, a plastic granule manufacturing unit in Bhiwadi Industrial Area, reducing the entire factory to ashes. Fire tenders from multiple areas responded.
Dwarka Police Bust Diesel Black Market, Seize 1000 Litres
Devbhumi Dwarka police busted a diesel black-marketing racket, seizing 1000 litres and arresting one person. The accused used fishing boat tokens to procure subsidized diesel illegally.
SC-ST Hub, DICCI to Host Entrepreneurship Programme in Chandigarh
The National SC-ST Hub and DICCI will organise an Entrepreneurship Awareness & Vendor Development Programme in Chandigarh on May 25 to empower SC-ST entrepreneurs with business opportunities, skill development, and financial support.
Gold Exchange Triggers LTCG Tax: Experts Warn on Old Jewellery Swap
Gold exchange for new jewellery surges after PM Modi's call, but tax experts warn LTCG applies. Learn about 'melt and remake' to avoid tax liability.
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Body Found After Ahmedabad Factory Fire, Rs 80 Crore Damage
A body was recovered from Faith Industrial Ltd in Santej after a massive fire caused Rs 80 crore damage. Separately, 20 residents rescued in Jodhpur building fire.
Bank of Baroda Employee Arrested for Rs 8.7 Crore Theft
Harsiddh Kadiyar, a joint custodian at Bank of Baroda's Kalupur branch, was arrested for stealing Rs 8.7 crore. He allegedly uploaded fake balance certificates to hide the theft.
Fuel Prices in Ahmedabad Near Rs 100/Litre After Third Hike
Petrol in Ahmedabad nears Rs 100/litre after third price hike in 10 days. Petrol up 85 paise to Rs 99.23, diesel up 94 paise to Rs 95.13, driven by global crude oil trends.
Hyderabad Woman Complains Against Tech Firm for Cheating Staff
A 25-year-old woman from Beeramguda has filed a complaint against Technoreach, alleging that the firm cheated 80-90 employees by not paying salaries and demanding training fees.
Mumbai Fuel Prices Rise: Petrol, Diesel Up by Nearly Rs 1
Mumbai motorists faced another fuel price hike on Saturday, with petrol and diesel rates rising by nearly Rs 1 per litre, taking the cumulative increase over eight days to Rs 5. The surge adds burden on commuters and businesses amid global crude volatilit
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Toll hike at Ponnarimangalam plaza despite incomplete work
Toll rates at Ponnarimangalam plaza on Vallarpadam-Kalamassery stretch hiked from May 22, 2027. Monthly pass for cars rises to Rs 2,150; locals demand infrastructure completion.
Congress MP Questions RBI Record Surplus Transfer to Centre
Congress MP Sukhjinder Singh Randhawa raises concerns over RBI's ₹2.87 lakh crore surplus transfer to central government, questioning economic strength and rising debt.
TV mechanic, accountant held in Rs 128-crore fake GST racket
Delhi Police EOW arrested a TV mechanic and an accountant for their roles in a Rs 128-crore fake GST invoicing racket using stolen identity documents.
ED arrests Punjab builder Ajay Sehgal in Mohali land fraud case
The Enforcement Directorate arrested Punjab builder Ajay Sehgal in a money laundering case linked to forged consent letters for change of land use in Mohali's Suntec City project.
Raheja, Ramky, Yashoda to Build Schools in Telangana
Three corporates—Raheja Group, Ramky, and Yashoda Foundation—have signed an agreement with the Telangana govt to construct schools under CSR, investing over ₹92 crore.
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89% of Andhra Suicide Victims Earn Below Rs 5 Lakh in 2024
A report reveals that 89% of suicide victims in Andhra Pradesh in 2024 earned less than Rs 5 lakh annually, highlighting financial distress as a major cause. Experts call for stronger mental health interventions.
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