Green Steel Can Help India Avoid Rs 100 Lakh Cr Coal Imports
A study reveals that adopting green steel production can help India save over Rs 100 lakh crore in coal imports, boosting economic and environmental benefits.
Category : Business
Vita Milk Prices Hiked by Rs 1-24 Across Variants
Vita milk prices increased by Rs 1 to Rs 24 per litre across variants, effective May 20. The Haryana Dairy Development Cooperative Federation announced the revision due to rising input costs.
SC Grants Bail to Future Maker MD, Chairman in GST Case
The Supreme Court granted bail to Future Maker's MD and Chairman in a Rs 54 crore GST evasion case, citing no evidence of deliberate evasion and directing cooperation with investigation.
Mini Private Job Fair in Coimbatore on May 22
A mini private job fair will be held in Coimbatore on May 22, offering immediate placements with zero fees and no age limits for job seekers from Class X to engineering graduates.
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RBI Guv Malhotra: Monitoring Supply Shock, Inflation Impact
RBI Governor Sanjay Malhotra stated the central bank is closely watching supply shocks and their effect on inflation. The neutral stance since June 2025 provides flexibility to respond to data.
Adani Group to Pay $275 Million to US Over Iran Sanctions
Adani Enterprises Ltd has agreed to pay $275 million to settle potential civil liability for apparent violations of US sanctions on Iran, the company announced.
Cargo Matters Opens EV Bus Plant in Belagavi, Karnataka
Cargo Matters launches an EV bus manufacturing facility in Belagavi, Karnataka. The 19-acre plant will produce electric buses for intercity travel, boosting green transportation.
Aditya Birla Group to Infuse Rs 4,730 Crore into Vi
Aditya Birla Group will infuse Rs 4,730 crore into Vodafone Idea (Vi) as part of a larger fundraising plan, according to CEO Akshaya Moondra.
Egg Prices Surge in Guwahati Amid Rising Fuel Costs and Supply Gap
Egg prices in Guwahati have risen sharply due to increased fuel costs and heavy reliance on other states, as Assam produces only 10% of its egg demand.
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Mumbai BEST Power Outage Complaints Rise to 7,500 in a Year
Mumbai's BEST recorded 7,500 power outage complaints in island city, up from 6,500 last year. Pending faults, cable issues, and staff shortage worsen the crisis.
Adani Enterprises Settles US Sanctions Case for $275 M
Adani Enterprises agreed to pay $275 million to settle US Treasury allegations of 32 apparent sanctions violations involving Iranian-origin LPG purchases.
GCCs: India's Golden Egg for Economy and Jobs
Global Capability Centres (GCCs) are driving India's economic growth, creating high-value jobs, and fostering innovation. This article explores their impact and future potential.
RBI Appoints Gunveer Singh as Executive Director
The Reserve Bank of India has appointed Gunveer Singh as Executive Director to lead the Department of Payment and Settlement Systems, effective immediately.
MSRTC Fare Hike Likely Due to Diesel Price Rise
MSRTC chairman Pratap Sarnaik said a fare hike proposal is under consideration due to rising diesel costs, with an additional burden of Rs 124 crore annually. No immediate hike, but a proposal will be submitted to authorities.
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Prince William's £500M Duchy Sale for Housing and Green Projects
Prince William plans to sell 20% of the Duchy of Cornwall portfolio over ten years, raising £500 million for affordable housing, rural jobs, and environmental restoration across England.
TCS Gives 5% Average Salary Hike, Some Employees Claim Pay Cuts
Tata Consultancy Services (TCS) has announced an average salary hike of 5% for its employees, but some staff members report pay cuts due to changes in variable pay components.
Fuel Price Hike Cuts Losses by 25%
State-run fuel retailers see daily losses drop to Rs 750 crore after a Rs 3 per litre price hike, but analysts warn the relief is only limited.
RBI Decides Against Activating Countercyclical Capital Buffer
The Reserve Bank of India has decided not to activate the countercyclical capital buffer (CCyB), citing current financial conditions do not warrant additional capital requirements for banks.
Gold Flat at Rs 1.62 Lakh/10g, Silver Edges Higher on Import Curbs
Gold prices remained unchanged at Rs 1.62 lakh per 10 grams while silver edged higher on the back of import restrictions. Analysts cite supply concerns.
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India Aims for USD 1 Trillion Exports This Year, USD 2 Trillion by 2028
Commerce Minister Piyush Goyal announced India's ambitious export targets: USD 1 trillion this fiscal year and USD 2 trillion within five years, driven by trade agreements and manufacturing boost.
Spectre Music and Actis Partner in India
Spectre Music and Actis have formed a national partnership to bring high-quality sound solutions to India, enhancing the country's audio landscape.
Lead Reclaim and Rubber Products Reports Record Financial Results
Lead Reclaim and Rubber Products announces its highest ever financial results, with significant growth in revenue and profit margins, driven by strong demand and operational efficiency.
Muthoot Fincorp Sees Gold Price Boost for Loan Growth
Muthoot Fincorp CEO says higher gold prices expand borrowing headroom, with 70% of loans for productive purposes. IPO plans involve Rs 4000 crore primary issuance, no OFS. Asset quality stable with LTV below 60%.
Trump's 3,700 Trades in 3 Months Sparks Wall Street Concerns
Ethics filings reveal Donald Trump made over 3,700 stock trades in three months, including Tesla, Nvidia, Apple, Meta, and Amazon, raising conflict of interest questions.
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India's CAD May Widen to 2.3% of GDP by FY27: HSBC
HSBC projects India's current account deficit to widen to 2.3% of GDP in FY27 from 0.9% in FY26, citing elevated oil prices and external pressures. The balance of payments deficit is also expected to increase.
Odisha Headmaster Arrested for Rs 5,000 Bribe from Watchman
Vigilance sleuths in Kendrapada arrested headmaster Raghunath Das for demanding and accepting a Rs 5,000 bribe from a night watchman to process his arrear salary.
Austerity Measures Key to Manage Demand Amid Global Supply Shock
Former Skill Development Secretary emphasizes austerity measures to manage demand amid global supply shock risks, urging fiscal discipline and targeted subsidies.
Govt Unveils Roadmap for Women-Led Rural Marketing via She-Marts
The Indian government has outlined a strategic roadmap for the She-Marts initiative, aiming to create a women-led rural marketing system to empower female entrepreneurs and boost local economies.
Shakti Press Ltd INR 49 Crore Rights Issue Opens
Shakti Press Ltd launches a INR 49 crore rights issue to strengthen working capital and drive growth. The issue is currently open and closes on May 29, 2026.
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RaProcure: Reimagining Manufacturing Procurement with IMS
RaProcure, an industrial marketplace with built-in inventory management, is transforming manufacturing procurement by streamlining sourcing and inventory control.
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