Bengaluru Hotels Seek GST Relief Amid Rising Costs
Bengaluru hotels propose two GST options: retain 5% with input tax credit or reduce 18% to 5% on key expenses without ITC to ease rising costs.
Category : Business
J&K to Auction 12 Limestone Blocks on May 12
The Jammu and Kashmir government will auction 12 limestone blocks on May 12, aiming to boost mining revenue and industrial growth in the region.
Locals Urge Speedy Work on Jammu-Poonch Highway
Residents demand faster construction of Jammu-Poonch highway to ease daily hardships. Delays cause traffic jams, economic losses, and access issues.
Karnataka Yet to Issue Final Minimum Wage Notification
A year after drafting new minimum wages based on a Supreme Court ruling, the Karnataka government has still not issued the final notification, leaving workers in limbo.
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Zydex Paints Launches Silicate Mineral Paint
Zydex Paints introduces silicate mineral paint, a durable and eco-friendly alternative to conventional paints, offering breathability and long-lasting color.
Austerity Without Equity Will Fail Analysis
Austerity measures without fairness risk failure. This article explores why equitable policies are essential for economic recovery and social stability.
WCL to Get IPO Mandate by FY End, Focus on Coal Gasification
Western Coalfields Limited expects IPO mandate by FY end, with new focus on coal gasification and critical minerals. The PSU plans to close 21 mines and boost coal despatches to power sector.
Punjab Jewellers Oppose PM Modi's Call to Cut Gold Buying
Punjab jewellers criticize PM Modi's appeal to reduce gold purchases, calling it a one-sided sacrifice by citizens while govt spending remains unchecked. They highlight gold's role as social security.
Can Austerity Ease Economic Stress? PM's Call for Sacrifice
Prime Minister's call for citizens to reduce consumption reframes economic resilience as a test of personal sacrifice, sparking debate on austerity's effectiveness.
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Chandigarh Admin May Split Industrial Plots, Hike FAR
The Chandigarh administration is considering dividing large industrial plots into smaller units and increasing the floor area ratio to boost industrial growth and optimize land use in the city.
MC Chandigarh allocates Rs 1,050 crore for salaries, wages
Chandigarh Municipal Corporation prioritises salaries, wages and pensions with Rs 1,050 crore revenue budget for 2026-27, front-loading expenditure in Q1.
AKTU to Train School Teachers for Startup Boost
AKTU will train school teachers to foster startup culture among students, aiming to create entrepreneurial mindset from school level.
Indians Shift to Gold Recycling Amid High Prices
Rising gold prices drive Indians to recycle old jewellery instead of buying new, with exchange rates doubling at major retailers.
Vizhinjam Police Berth Sinks; Design Reconsidered
A low-cost concrete block berth for coastal police at Vizhinjam partially sank due to strong waves, prompting a redesign review by harbour engineering officials.
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1,137 Gurgaon Buildings Face Action for Parking Misuse
Over 1,100 stilt-plus-four-floor buildings in Gurgaon's upscale colonies have violated parking norms, with 968 show-cause notices issued and 18 sealed. The Punjab and Haryana High Court will hear the case on May 12.
Retired Air Force Sergeant Duped of Rs 7.76 Lakh in Plot Fraud
A retired Air Force sergeant in Kanpur was cheated of Rs 7.76 lakh in a plot deal fraud. Police have registered a case of fake power of attorney and forgery.
Mutual Fund Inflows Strong Despite Volatility in April
Net inflows into equity mutual funds were Rs 38,440 crore in April, slightly down from March, while debt funds saw a huge reversal with Rs 2.47 lakh crore net inflow. SIP flows also dipped marginally.
Groww early investors sell 4.3% stake worth $500M
Four early investors in fintech platform Groww are selling a 4.3% stake worth about $500 million via block deals, with a floor price at an 8.5% discount to the closing price.
Paithan farmer gets Re 1 for onion sale; highlights agrarian distress
A farmer from Paithan sold 25 sacks of onions for Rs 1,262 but after deductions was left with Re 1, highlighting the onion crisis and agrarian distress in Maharashtra.
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Noida DM Ordered to Act Against Builder for Groundwater Extraction
The Lucknow groundwater department has directed the Noida DM to take action against Migsun Builders for illegal groundwater extraction in Greater Noida and submit a report within 10 days.
Surat Yarn Dyeing Association Hikes Prices by Rs 10 per Kg
Surat Yarn Dyeing Manufacturing Association (SYDMA) unanimously decided to increase dyed yarn prices by an average of Rs 10 per kg due to rising production, input, and freight costs.
Sensex Crashes 1,313 Points on US-Iran Tensions
Sensex plunged 1,313 points on Monday as US-Iran tensions spiked crude prices, weakened rupee below 95/$, and triggered FPI sell-off of Rs 8,438 crore, wiping out Rs 6 lakh crore investor wealth.
Gurgaon DTCP auctions guesthouse permissions in DLF-3
In a first, Gurgaon's DTCP auctioned guesthouse permissions in DLF-3 Sector 24, with bids reaching Rs 86,500 per sq m, reflecting strong hospitality demand near Cyber City and NH8.
Major Fire at Textile Unit in Nashik's Navapur MIDC
A major fire at a textile unit in Nashik's Navapur MIDC caused extensive damage but no casualties. Over 50 workers evacuated; firefighting operations ongoing.
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RIICO Opens 10th Phase Allotment for Textile Units in Bhilwara
RIICO launches 10th phase of direct allotment for industrial plots in Rupaheri Textile Park, Bhilwara. MoU holders can apply by May 2026. Incentives under Rajasthan Textile Policy 2025.
Cidco to Build 69-Acre Township in Airoli, Navi Mumbai
Cidco plans an integrated township on 69 acres in Airoli, with a revenue-sharing model. The project aims to boost housing and infrastructure, enhancing connectivity in Navi Mumbai.
Japan-backed jaggery plant starts ops in Ghazipur, UP
A jaggery-based food plant with Japanese FDI has become operational in Ghazipur, UP. The Rs 15 crore facility will boost sugarcane demand and create over 2,000 jobs.
Himachal CM Unveils Rs 470 Cr Urban Hubs for Shimla and Hamirpur
Himachal CM Sukhu announced Rs 330 crore Sabzi Mandi CBD in Shimla and Rs 140 crore City Centre in Hamirpur to decongest towns and boost revenue.
K-RIDE awards Rs 1,514 cr contract to ICF for 153 coaches
K-RIDE's subsidiary Bi-RIDE has issued a work order to ICF Chennai for 153 AC metro-type coaches for Bengaluru Suburban Rail Project, valued at Rs 1,514 crore.
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Gujarat New Urban Housing Policy: Liberal Rules, Freehold Status
The Gujarat government is revising its urban housing policy after 10 years, proposing freehold status for housing board colonies and relaxed redevelopment rules to boost affordable housing.
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