Ex-Bengal Minister Bose Gets 10-Day ED Custody in Scam
A special PMLA court sent former Bengal minister Sujit Bose to 10-day ED custody in connection with an alleged municipality recruitment scam involving illegal appointments for money.
Category : Business
NMC budget likely to swell to ₹6,500 crore on May 19
After four years of administrator rule, Nagpur Municipal Corporation's standing committee chairperson Shivani Dani-Wakhare will present the budget on May 19, likely exceeding ₹6,500 crore, up from ₹5,857 crore proposed earlier.
West Asia crisis is a live balance of payments stress test: CEA
Chief Economic Advisor V Anantha Nageswaran said the West Asian crisis is a structural stress test for India's balance of payments, impacting inflation, exchange rate, and current account.
Goyal Calls on Indian Industry to Boost Self-Reliance and Exports
Commerce minister Piyush Goyal urges Indian industry to become self-efficient, reduce import dependence, and leverage FTAs to achieve $2 trillion exports amid global challenges.
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Shipping giant warns container rates may rise further
Mitsui OSK Lines warns container rates may rise further as bunker oil prices double in Asia. CEO Tamura says prolonged conflict could impact demand, but remains bullish on India's growth.
Uday Kotak warns of major shock from rising oil prices
Uday Kotak cautioned that a major oil price shock is imminent due to the Middle East conflict, urging India to reduce reliance on foreign capital and focus on long-term domestic investment.
India Retail Inflation Rises to 3.5% in April on Food Prices
India's retail inflation rose to 3.5% in April from 3.4% in March, driven by higher food prices. Food inflation accelerated to 4.2%, while fuel inflation eased sharply. Core inflation remained below 4%.
Ludhiana family cheated of Rs 1.40 crore, 6 booked
A family in Ludhiana was duped of Rs 1.40 crore by six individuals who promised them lucrative returns on investments. The accused have been booked.
BAI Urges TN Govt for Construction Reforms, Single-Window Clearance
Builders' Association of India calls on Tamil Nadu CM to create a separate construction ministry, implement single-window clearance, and introduce regulatory reforms for price stability and faster project approvals.
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Avaada Energy Expands UP Presence with 85 MW Solar Project
Avaada Energy plans an 85 MW solar plant in Chitrakoot, UP, with Rs 250 crore investment. It also scales up module manufacturing in Greater Noida and Hathras, and develops a 590 MW FDRE project with battery storage.
Lucknow Junction Rail Block May 15-June 23 for Concourse Work
Railway services at Lucknow Junction will be affected from May 15 to June 23 due to concourse construction, causing train diversions and short-terminations.
Rs 77.5 lakh compensation to sanitary worker's widow
Motor Accident Claims Tribunal in Azamgarh directs insurance company to pay Rs 77.5 lakh to widow of sanitary worker Shivachand Yadav, killed in SUV hit-and-run in July 2025.
GIDA Township in Gorakhpur Attracts Major Investments
GIDA township near Gorakhpur gets environmental clearance, drawing Adani Group and Shreyas Distillery with Rs 1,400 crore and Rs 8,000 crore projects, boosting industrial growth.
BKU Protests Blank Cheque Practice by Punjab Bank
BKU (Ekta Sidhupur) began indefinite protests outside PADB branches in 10 Punjab districts against retaining blank cheques from farmers, alleging harassment and litigation.
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UP Reviews 16 ODOP Common Facility Centres for Artisans
Uttar Pradesh government reviewed 16 Common Facility Centre projects under ODOP scheme to increase artisans, weavers, and micro entrepreneurs, addressing CM's concerns about limited reach.
India Set for Record $863 Billion Exports: Goyal
India is on track to achieve a historic milestone with exports reaching $863 billion, driven by strong performance in goods and services sectors, says Commerce Minister Piyush Goyal.
IT Dept Finds Rs 45,000 Crore Property Gap in Gurgaon
Income Tax department survey at Gurgaon and Mohali sub-registrar offices reveals property transaction discrepancies worth Rs 45,000 crore and Rs 20,000 crore respectively, part of nationwide data validation.
Gurgaon Road Cave-In Near Sukhrali Flyover Due to Leak
A road near Sukhrali flyover in Gurgaon caved in due to a recycled water pipeline leak, causing soil erosion and deep depressions. Traffic was diverted, and repair work is underway.
Tomato prices in Goa double to Rs 50 per kg amid heatwave
Tomato prices in Goa have surged from Rs 20 to Rs 50 per kg due to intense summer heat and supply shortages. Other vegetables like beans, ginger, and lime have also seen sharp hikes, with vendors citing reduced farm output and higher transportation costs.
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NCLT Allows Withdrawal of Insolvency Case Against Nobility Estates
The NCLT has allowed withdrawal of insolvency proceedings against Nobility Estates, developer of Le Grandiose in Noida, after a settlement with creditors. The management is restored.
Man Arrested for Cheating Man of Rs 4.2 Crore in Property Scam
A 32-year-old man was arrested in Gurgaon for allegedly posing as a property consultant and cheating a resident of Rs 4.2 crore by promising bank-auctioned properties at low prices.
Kolkata Leather Factory Fire Kills Two, Three Critical
A fire at an illegal leather factory in Kolkata's Tiljala killed two workers and left three critical due to suspected carbon monoxide poisoning. Police probe short circuit.
Odisha's Dhenkanal Amrapali Mangoes Exported to London
Odisha has exported premium Amrapali mangoes from Dhenkanal to London, targeting over 500 MT exports this season. The initiative benefits farmers with better prices and global market access.
Man Booked for Forgery in Surat; Four Drown in Tapi
A man has been booked for forgery in Surat. In a separate incident, four people drowned in the Tapi river near Kakrapar dam. DRI also unearthed a racket of polished diamond imports in Sur SEZ.
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DRI Arrests Man in Rs 65 Crore Duty Evasion Case in Surat SEZ
The DRI arrested Montu Gandhi for alleged customs duty evasion of Rs 65 crore by a Surat SEZ jeweller that imported diamonds duty-free and diverted them domestically.
PM Modi's Gold Call May Impact 1 Crore Jobs
Prime Minister Narendra Modi's appeal to Indians to stop buying gold for a year to save foreign exchange could affect around 1 crore jobs in the gems and jewellery sector, stakeholders say.
Water Complaints Surge in Bhopal as Summer Peaks, BMC Cites Illegal Pumps
Bhopal sees a sharp rise in water complaints as summer peaks, with one in five grievances related to water. Illegal pumps and dropping reservoir levels worsen the crisis, affecting even posh colonies.
Power Outages in Bhopal: Affected Areas and Timings
Bhopal faces power cuts from 6 am to 2 pm in multiple areas due to maintenance, metro construction, and line shifting work. Check full list of affected localities.
BMC Plans Modernisation of Badagada Haat in Bhubaneswar
Bhubaneswar Municipal Corporation initiates redevelopment of Badagada Haat into a modern commercial complex, preserving traditional vendor spaces and improving infrastructure.
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Odisha hotel body welcomes PM's domestic travel call
The Hotel and Restaurant Association of Odisha praised PM Modi's appeal for domestic tourism, calling it a transformational opportunity for the hospitality sector.
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