LDA E-Auction for 149 Residential Plots Starts Thursday
LDA opens e-auction for 149 residential plots in Gomti Nagar Extension and Basant Kunj Yojana, part of 475 properties worth Rs 3,000 crore. Bidding ends May 28.
Category : Business
Rs 30 Lakh Insurance Fraud with Fake Death Cert Busted
An insurance fraud of Rs 30 lakh using forged documents, including a fake death certificate and FIR, was uncovered in Prayagraj. Couple booked.
PSPCL Approves Direct Contracts for 5,993 Outsourced Workers
PSPCL has approved direct contractual engagement for 5,993 outsourced complaint handling workers, improving job security and ending exploitation by private contractors in Punjab.
GNIDA Anti-Encroachment Drive Frees Land Worth Rs 80 Crore
Greater Noida Industrial Development Authority conducted an anti-encroachment drive, freeing 40,000 sq m of land worth Rs 80 crore in Bhanauta village, taking action against illegal constructions.
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India Sets $1 Trillion Export Target for 2026
The Indian government has set a $1 trillion export target for 2026, aiming to boost economic growth through increased trade and global market integration.
TVS Motor cautious on FY27, plans Rs 3,500 crore capex
TVS Motor Company projects high single-digit growth for FY27 despite commodity inflation and West Asia crisis, with Rs 3,500 crore capex plan and strong EV momentum.
Zoho Invests Rs 70 Crore in ONDC for Digital Economy
Zoho Corporation has invested Rs 70 crore in ONDC to promote sovereign technology and inclusive digital economy growth in India, focusing on MSME support.
Indore Sarafa Market Sees Early Slowdown After Gold Duty Hike
Indore's historic Sarafa market faces an unusually early slowdown after PM Modi's appeal and gold import duty hike to 15%, impacting sentiment and manufacturing.
Jaipur Builders Seek Flexible Setback Rules for TOD Zones
Builders and planners urge JDA to relax setback norms in Jaipur's TOD corridors, warning rigid rules may hinder development and reduce land efficiency.
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Chandigarh MC sets record revenue target of ₹461 crore
Chandigarh Municipal Corporation has set its highest-ever revenue target of ₹461 crore for 2026-27, driven by water charges, property tax, and other sources, amid pressure to boost internal revenue.
Central Bank Cuts Reserve Price for Wadia Land to Rs 1,525 Cr
Central Bank of India reduces reserve price for 94.7-acre Thane land owned by Wadia Realty from Rs 1,965 crore to Rs 1,525 crore, as lenders accelerate recovery of GoAir dues.
Kochi man loses Rs 1.43 crore in online stock trading scam
A 74-year-old from Elamakkara was cheated of Rs 1.43 crore in an online stock trading scam. Cybercrime police registered a case. Also, a five-year-old boy died in a road accident.
CM Naidu Backs PM Modi's Austerity Measures
Andhra Pradesh CM N Chandrababu Naidu supports PM Modi's austerity measures, urging responsible spending and fuel conservation amid West Asia crisis economic impact.
Sanchi Increases Milk Prices by Rs 2 Per Litre in MP
Sanchi dairy raises prices of toned and gold milk by Rs 2 per litre in Madhya Pradesh from May 15, citing rising procurement costs and summer supply pressures.
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Shriram General Insurance Net Profit Rises 17% in FY26
Shriram General Insurance reported a 24% rise in gross direct premium to Rs 4,635 crore in FY26. Net profit grew 17% to Rs 601 crore, driven by motor portfolio growth.
Bavaria Motors Trade Certificate Suspended for 90 Days in Goa
Goa transport directorate suspends Bavaria Motors' trade certificate for 90 days for violating Central Motor Vehicles Rules, 1989, by delivering a Mini Cooper without proper registration.
GCCI Supports PM Modi's 7-Point Economic Plan
GCCI extends full support to PM Modi's 7-point national appeal, urging industries to adopt nation-first approach for economic resilience and sustainability.
Assam Cabinet Adopts Austerity Measures to Cut Fuel Use
The Assam cabinet, led by Himanta Biswa Sarma, approved austerity measures including a 20% fuel expense cut, a six-month freeze on foreign travel and new vehicle purchases, and promoting EVs and online meetings.
Mormugao Port Extends Cruise Tariff Incentives Till 2027
Mormugao Port Authority extends rationalised cruise tariff till March 2027, charging US$0.085/GT and US$6/passenger for first 12 hours, with discounts and incentives to boost cruise tourism.
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Gold Import Duty Hike to 15% Sparks Liquidity Crisis in Gujarat
The gems and jewellery industry in Gujarat is concerned about liquidity and job losses after the government raised gold and silver import duty to 15%. Bullion traders warn of rising unofficial trade.
Man Arrested with 96 Bottles of Spurious Liquor in Chatra
A man was arrested with 96 bottles of spurious liquor in Chatra. The accused, Vijay Kumar, was intercepted at a vehicle check point near Pandeypura mosque.
Shrimp Feed Price Hike Suspended After Andhra Farmers Protest
Andhra Pradesh shrimp feed price hike suspended after farmers protest. Minister intervenes, meeting set for May 15 to find long-term solution.
Delhi HC Dismisses PIL on Agricultural Income Tax
The Delhi High Court dismissed a PIL challenging the blanket exemption of agricultural income from taxation, calling it 'misconceived' and beyond the court's jurisdiction.
TREA Urges Model Studies for Tummidihatti Barrage Site
The Telangana Retired Engineers Association has urged the government to conduct model and feasibility studies before finalising the Tummidihatti barrage site for the Pranahitha-Chevella project, citing flow pattern concerns.
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Yadadri Thermal Unit 3 Commissioned in Telangana
The third unit of Yadadri thermal power station (YTPS) in Telangana was successfully commissioned. It generated 811.99 MW against its 800 MW capacity during a 72-hour trial run.
Rs 18 Crore Approved for ODOP Product Upgrades in Rajasthan
Rajasthan government sanctions five projects worth over Rs 18 crore to upgrade One District One Product items in Dausa, Churu, Didwana-Kuchaman, Phalodi, and Balotra, aligning with international standards.
Haryana road projects worth ₹1,500 crore at risk
Haryana PWD contractors warn that road projects worth ₹1,500 crore face suspension due to soaring bitumen prices. They demand a relief package from the state government to avert bankruptcy.
Bike-borne robbers loot Rs 27 lakh from CMS van in Patna
Bike-borne miscreants looted Rs 27 lakh from a CMS company's van in Patna's Gopalpur area. Police found security lapses, including no CCTV in the van and failure to inform police.
Telangana Poised for Global Rice Export Gains
Telangana can boost rice exports and farm incomes by leveraging global market opportunities, says a policy paper from PJTAU, highlighting demand in Asia and Africa.
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Nashik Seeks 15% Annual Hike in GST Grant from State
Facing financial crunch, Nashik Municipal Corporation urges state government to raise annual GST compensation hike from 8% to 15% to meet infrastructure demands.
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