India's Industrial Growth May Slow to 3.4% in March: ICRA
India's industrial growth is projected to decelerate to 3.4% in March 2024, according to a report by ICRA, indicating a slowdown from previous months due to various economic factors.
Category : Business
CBIC Reforms to Boost E-Commerce Exports from April 1
The Central Board of Indirect Taxes and Customs has operationalized significant reforms to streamline and enhance e-commerce exports, effective April 1, aiming to simplify processes and boost India's digital trade.
New GST Settlement Rules Notified to Streamline Tax Distribution
The Indian government has introduced new GST settlement rules aimed at simplifying tax distribution processes, enhancing compliance, and reducing disputes among states and the Centre.
Gurgaon Property Circle Rates to Rise Up to 75% Next Week
Gurgaon's district administration is preparing to implement revised circle rates with hikes ranging from 10% to 75% starting next week. The move aims to align official valuations with current market prices and curb undervaluation in property transactions.
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Noida Airport Dual Substation Ensures Uninterrupted Power
Noida's power department implements a dual substation system to guarantee reliable electricity for Noida International Airport, scaling from 6 MVA to 93 MVA by 2027 with a Quick Response Team on standby.
LPG Shortage in Mangaluru: SDTU Warns of Auto Driver Crisis
The Social Democratic Trade Union highlights severe LPG shortages at fuel stations across Mangaluru district, causing hardship for autorickshaw drivers and workers due to price hikes and supply issues.
Amritsar Airport Alters Schedule for Runway Infrastructure Upgrade
Sri Guru Ram Dass Jee International Airport in Amritsar has announced temporary changes to its flight schedule to facilitate a crucial runway and airfield infrastructure enhancement project.
Carborundum Universal to Wind Up German Subsidiary
Murugappa Group's Carborundum Universal Ltd announces voluntary winding up of its German subsidiary CUMI AWUKO Abrasives GmbH due to continued underperformance and mounting losses, with estimated financial impact of ₹110-130 crore.
New Amrit Bharat Express Trains for Ahmedabad-Patna & Pune-Danapur
Indian Railways plans to introduce two new Amrit Bharat Express trains on Ahmedabad-Patna and Pune-Danapur routes to enhance passenger comfort and connectivity. The weekly services with 22 coaches aim to reduce congestion and meet growing travel demand.
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Magicbricks & SPA Partner for Real Estate Research
Real estate platform Magicbricks and the School of Planning and Architecture (SPA) have announced a research partnership to study housing and urban development trends, combining market data with planning perspectives.
Jalna Dry Port Reopens After Partial Tax Payment
The Jalna dry port, sealed for non-payment of taxes, reopened after officials made a partial payment of Rs20 lakh. Authorities expect full settlement of the Rs52 lakh dues in coming weeks.
Hailstorms Damage Coffee, Areca Crops in Karnataka Districts
Severe hailstorms and strong winds have caused extensive damage to coffee and areca plantations in Chikkamagaluru and Hassan districts, threatening next season's yields and quality.
Karnataka Guarantees Stable Power After Intel Bengaluru Outage
Karnataka officials have assured uninterrupted power supply following disruptions at Intel's R&D campus in Bengaluru, emphasizing a sustainable grid-first strategy.
Bihar's Bapu Tower, Vaishali Complex Win Vishwakarma Awards 2026
The Construction Industry Development Council selects Bapu Tower in Patna and Buddha Samyak Darshan Museum in Vaishali for the 17th Vishwakarma Awards 2026, recognizing Bihar's infrastructure development.
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US Consumer Confidence Rises Slightly Amid Iran War Fuel Price Spike
US consumer confidence increased marginally to 91.8 in March despite surging fuel prices due to the Iran conflict, revealing resilience in spending but growing inflation anxiety and economic uncertainty.
Modi on Pax Silica: India Building Critical Mineral Stockpiles
Prime Minister Narendra Modi announces India's mission to secure critical minerals and strengthen raw material supply chains through global partnerships like Pax Silica.
Belagavi APMC Vegetable Price Crash: Farmers Dump Produce
Vegetable prices at Belagavi APMC have plummeted due to hotel closures, LPG shortages, and export declines, forcing farmers to discard unsold radishes, tomatoes, and onions.
Sara Ali Khan Leases Andheri Bungalow for Rs 4.14 Crore
Bollywood star Sara Ali Khan has leased her Andheri West bungalow to Prodigy Montessori India Private Limited for Rs 4.14 crore over five years, with monthly rent starting at Rs 6.5 lakh and a 36-month lock-in period.
Bhubaneswar's New City Plan with Singapore Consultancy
Bhubaneswar Development Authority signs agreement with Surbana Jurong to create a comprehensive master plan for the 800-acre Bhubaneswar New City project, focusing on transit-oriented development, affordable housing, and smart infrastructure.
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Hailstorms Damage Wheat Crops in Punjab, Haryana; Farmers Seek Aid
Unseasonal rain and hailstorms hit Punjab and Haryana, flattening wheat crops before harvest. Farmers report heavy losses, demand compensation, and IMD warns of more bad weather ahead.
Duplex Apartments Boom in Tier-2 Karnataka Cities
Cities like Hubballi, Belagavi, and Kalaburagi are embracing duplex houses in apartments, driven by post-Covid demand for spacious, secure homes with modern amenities.
Powell on Iran War Inflation, Labor Market, and Fed Independence
Federal Reserve Chair Jerome Powell addresses inflation risks from energy price spikes due to the Iran war, highlights subdued hiring and AI's impact on jobs, and stresses Fed independence amid political pressures.
Bemul Hits Record Rs 12.5 Cr Profit, Rs 510 Cr Turnover in FY 2025-26
Belagavi's Bemul reports a record profit of Rs 12.5 crore and turnover of Rs 510 crore for 2025-26, with expansion adding 100 new societies and growth in value-added products like ghee and paneer.
Axis Bank Scam: ₹5.28 Crore Fraud in Vijayawada
A major financial fraud involving ₹5.28 crore has been uncovered in Vijayawada, where fraudsters allegedly cheated Axis Bank by creating fake accounts with forged documents over several years.
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Maharashtra Freezes Ready Reckoner Rates for FY 2026-27
The Maharashtra government has announced that ready reckoner rates will remain unchanged for the 2026-27 financial year, providing relief to homebuyers and developers amid economic uncertainties.
Maharashtra Keeps Ready Reckoner Rates Unchanged to Aid Real Estate
The Maharashtra government's decision to maintain ready reckoner rates unchanged is expected to support the real estate sector amid economic uncertainty, with builders welcoming the move despite rising property prices.
ELGi Delays Coimbatore Expansion Over Approval Delays
ELGi Equipments Ltd has revised timelines for its Coimbatore capacity expansion project, citing delays in statutory approvals. The diesel compressor expansion is now set for Q4 FY28.
Jamshedpur LPG Agency Investigated Over 'Ghost Deliveries'
Jamshedpur residents report 'ghost deliveries' from an LPG agency, with SMS confirmations sent but no cylinders received. Officials investigate digital manipulation and backlog issues.
Oracle Layoffs: Up to 30,000 Employees Face Job Cuts
Oracle Corporation has commenced a significant restructuring effort, with reports indicating that approximately 30,000 employees are likely to be laid off globally as part of cost-cutting measures.
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ED Chargesheet in Rs 564 Crore Ritz Ponzi Scheme
The Enforcement Directorate has filed a supplementary chargesheet against 18 more accused in the Rs 564 crore Ritz Consultancy Ponzi scheme, alleging money laundering and diversion of investor funds.
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