Magicbricks, SPA Delhi Partner for Real Estate Research
Magicbricks collaborates with the School of Planning and Architecture, Delhi, to produce research reports and studies on housing and urban development trends in India.
Category : Business
Amritsar Airport: 8-Hour Daily Flight Suspension for 6 Months
Sri Guru Ram Dass Ji International Airport in Amritsar will suspend flights for eight hours daily from April 1 to September 27 for major runway and safety upgrades, affecting domestic and international services.
Sammaan Capital Pivots to Multi-Asset Lender After IHC Deal
Sammaan Capital, formerly Indiabulls Housing Finance, will transform into a multi-asset lender offering personal, gold, and MSME loans following its acquisition by Abu Dhabi's International Holding Company for approximately Rs 8,850 crore.
Telangana Exports Face Risk from Global Tensions, Trade Uncertainty
Nearly 50% of Telangana's exports go to markets facing instability or policy uncertainty, including the US, UAE, and Saudi Arabia. Despite robust growth, rising logistics costs and shipping constraints are creating significant headwinds for exporters.
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Punjab Deploys Rs 31,000 Crore for Wheat Procurement, 122 LMT Target
Punjab finalizes a massive logistical operation for wheat procurement, deploying Rs 30,973 crore in credit to support farmers. The state sets up 1,897 centers, targets 122 LMT, and enforces strict measures against cross-border smuggling.
Punjab Arhtiyas Strike Over Commission Dispute in Wheat Season
Commission agents in Punjab have launched a strike at the onset of the wheat procurement season, demanding a 2.5% commission on MSP. The protest could disrupt operations across 1,897 centers.
Commercial LPG Prices Hiked in Delhi, Kolkata
Prices for 19 kg commercial LPG cylinders have been increased from Tuesday, with Delhi seeing a hike of Rs 195.50 and Kolkata Rs 218. The revised rates are effective immediately.
Gold Loans Hit Rs 16 Lakh Crore, Second Only to Home Loans
Gold loans have become the top product in new originations and India's second-largest retail credit book at Rs 16 lakh crore, per TransUnion Cibil. Consumer durable loans now lead for first-time borrowers, replacing two-wheelers and priority sector loans.
Rajasthan Drives India's Mustard Production Growth in 2025-26
Rajasthan continues to dominate India's mustard production, with a 3.6% increase in output to 53.9 lakh tonnes, contributing to the country's overall 3.5% growth in the 2025-26 rabi season.
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Purandar Airport Funding Expected Next Week by MIDC
The Maharashtra Industrial Development Corporation is finalizing a ₹6,000 crore loan to acquire land for the Purandar international airport, with funds expected to be released to Pune district administration next week.
West Asia War Slows IPO Pace, Delays Investor Exits in India
The prolonged West Asia conflict is slowing India's IPO market, delaying exits for VC and PE investors as companies rethink listing plans amid volatile conditions.
China's Biotech Dominance Challenges Indian Pharma Firms
Indian companies face significant hurdles in the global biologics market as China strengthens its supply chain control, securing over half of recent US biotech deals. Experts urge strategic recalibration for India to compete.
Commercial LPG Cylinder Prices Hiked by Rs 195.5
Commercial LPG cylinder prices have been increased by Rs 195.5 across India due to rising global crude oil costs linked to the West Asia conflict. Check the new rates applicable in your city.
RBI Extends Export Credit to 450 Days for Exporters Until 2026
The Reserve Bank of India has extended pandemic-style leniency on trade finance, allowing pre- and post-shipment export credit up to 450 days for disbursements until June 30, 2026, to support exporters facing logistics and payment delays due to West Asia
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Punjab Reforms Industrial Plot Conversion Policy
Punjab government approves reforms to streamline leasehold to freehold conversion for industrial plots, including a 5% fee, stamp duty exemption, and simplified documentation to boost business ease.
Haryana's New Labor Rules for Flexible Business Hours
The Haryana government has issued a notification establishing new guidelines for employee working hours and business operations. Key changes include a 48-hour weekly work limit, overtime pay at double rates, and exemptions allowing 24/7 operations for reg
Oracle Layoffs Hit India Staff in AI Restructuring
Oracle has begun notifying thousands of employees in India about job cuts as the company restructures to focus on AI data centre expansion. Reports suggest up to 12,000 roles may be affected.
UP Aims for $6 Trillion Economy by 2047 with 16% Growth
Uttar Pradesh plans to achieve a $6 trillion economy by 2047, requiring an annual growth rate of 16%. The state's current economy is $356 billion, contributing over 9% to India's GDP.
Amritsar Unseasonal Rains Raise Crop Yield Worries
Unseasonal rainfall in Amritsar has damaged wheat and potato crops, raising fears of reduced yields and financial losses for farmers ahead of harvest.
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Punjab Traders Commission Meets Amritsar Traders, Records Grievances
The Punjab State Traders Commission convened a meeting in Amritsar to address local traders' concerns, documenting issues related to taxation, infrastructure, and regulatory hurdles.
IndiGo Names William Walsh as New CEO for Global Growth
IndiGo appoints IATA Director General and former British Airways chief William Walsh as CEO, effective August. Walsh brings decades of aviation leadership to drive international expansion and operational excellence.
First Iranian Oil Shipment to India Since 2019 Expected April 4
A foreign vessel carrying Iranian crude oil is likely to reach India's Vadinar port on April 4, marking the first such import since May 2019 when India halted purchases due to US sanctions.
Ghost LPG Deliveries Lock Out Consumers Amid Fuel Crisis
Complaints of ghost LPG cylinder deliveries are rising across India, with consumers receiving false delivery messages or no cylinders, leaving them unable to book refills due to mandatory waiting periods during the fuel crisis.
India's 2026-27 Economic Growth Forecast: Insights & Challenges
India's economy is projected to grow at 6.5% in 2026-27, driven by manufacturing and services, but faces challenges like inflation and global uncertainties.
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BLW Achieves Record 572 Locomotives Production in FY 2025-26
Banaras Locomotive Works in Varanasi produced a record 572 locomotives in FY 2025-26, a 20% increase from last year. It exceeded electric locomotive targets and earned ISO 22163 certification.
BHU Alumnus Tops UP Assistant Commissioner GST Exam
Akhil Pandey, a BHU alumnus from Azamgarh, secured the 1st rank in the assistant commissioner GST list and 55th overall in the UP Public Service Commission exam.
Timely Wheat Harvest Advised to Counter Heat Stress in Plains
With rising March-April temperatures threatening wheat productivity, experts advise farmers to monitor crop maturity closely and harvest at 18-20% moisture to minimize losses from terminal heat stress.
India's EV Market Hits Record Highs in FY26
India's electric vehicle market surged to historic peaks in March and FY26, with electric two-wheelers and cars showing strong growth despite GST cuts for ICE vehicles. Sales data reveals key players and penetration increases.
Gnani AI Raises $10M for Global Voice AI Expansion
Chennai-based voice AI startup Gnani AI has raised $10 million in Series B funding to enhance its proprietary models and expand into international markets like Japan and the US.
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Sathya Agencies Files Rs 600 Crore IPO DRHP with SEBI
Chennai-based Sathya Agencies Limited has submitted a draft red herring prospectus to SEBI for an initial public offering aiming to raise up to Rs 600 crore. The company operates 427 retail stores across South India.
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