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.
Category : Business
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.
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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.
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.
GST Tribunal Appeal Filings Far Below Expectations
Despite extending the deadline to June 30, only 8,400 appeals have been filed before the GST Appellate Tribunal, far below the expected 4 lakh, due to additional deposit burden and technical issues.
Odisha: Rs 731 Crore Plan to Widen Bhawanipatna-Khariar Road
Odisha's works department unveils a Rs 731 crore project to widen the 70km Bhawanipatna-Khariar road to four lanes, including bridges and renovation of the Tel river bridge, aiming to boost connectivity and economy.
LG Pushes Plan to Develop Dwarka, Rohini, Narela as Investment Hubs
Delhi LG VK Saxena pushes a plan to develop Dwarka, Rohini, and Narela as investment hubs to boost economic growth and create jobs in the capital.
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Akasa Air Opens Bookings for Noida Airport Flights
Akasa Air has begun ticket bookings for Noida International Airport, offering daily non-stop flights to Bengaluru and Navi Mumbai starting June 16, becoming the second carrier after IndiGo to announce routes from the new airport.
LG Directs DDA to Transform Dwarka into Economic Hub
Delhi LG T S Sandhu has directed DDA to prepare a roadmap to turn Dwarka into a decentralised economic hub for domestic and global investments, with similar plans for Rohini and Narela.
18 Trains Cancelled, 23 Diverted in North Bihar
Railways cancel 18 passenger trains and divert 23 others in north Bihar due to non-interlocking work on Samastipur-Darbhanga section from May 11-14 for track doubling project.
Jewellery Body Urges Govt to Boost Gold Recycling Over Demand Cuts
All India Jewellers & Goldsmith Federation urges the government to focus on domestic gold mobilisation and recycling instead of discouraging gold purchases, warning of livelihood impacts.
Uttarakhand hikes mining royalty rates for extra Rs 50 crore
Uttarakhand government has implemented new mining royalty rates after cabinet and governor approval, expected to increase mining revenue by approximately Rs 50 crore annually. Key changes include higher rates on various minerals and materials.
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Worker dies in stone quarry accident in Rourkela, protest erupts
A 55-year-old labourer died after a boulder fell on him at a stone quarry in Odisha's Rourkela, triggering protests and demands for compensation and strict action against management.
BMC to Impose 10% Water Cut in Mumbai from May 15
BMC announces 10% water cut in Mumbai from May 15 due to below average monsoon forecast. Thane and Bhiwandi also affected. Water stock at 23.5% of required quantum.
No Bailout for Oil Companies Now, Centre Says Amid Crisis
Amid West Asia tensions, the Centre clarifies no bailout package for oil companies currently. Oil Secretary Neeraj Mittal assures no fuel shortage or rationing plans.
FORTI backs PM Modi's economic push for local goods
FORTI held a review meeting supporting PM Modi's economic suggestions, pledging to boost indigenous production, promote local goods, and encourage vehicle sharing to cut fuel use.
Credit Card Usage: Common Financial Scenarios and Considerations
Explore common financial scenarios where credit cards are used, including rewards, interest rates, and debt management tips.
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PM Modi's gold appeal worries Odisha jewellers
PM Modi's call to avoid non-essential gold purchases for a year to ease forex pressure has sparked concern among jewellers in Odisha, who fear impact on livelihoods of artisans and small businesses.
Rupee Hits Record Low of 95.28 Against US Dollar
The Indian rupee plunged 79 paise to close at an all-time low of 95.28 against the US dollar on Monday, pressured by a strengthening greenback and heavy foreign capital outflows.
Mumbai Power Demand Hits New Record of 4,540 MW
Mumbai's peak power demand surged to 4,540 MW on Monday, breaking the previous record of 4,372 MW. Local generation met only 865 MW, with the rest drawn from outside, highlighting infrastructure challenges.
India's Import Bill Crisis: PM Urges Citizens to Reduce Imports
PM Modi urges Indians to cut back on imports as the country's import bill soars. The article examines the severity of India's trade deficit and potential solutions.
Mumbai Airfares Surge for Summer Travel Amid Fuel Costs
Airfares from Mumbai surge sharply for summer travel, with Mumbai-London fares up 53% and Delhi-Srinagar up 68%. Fuel costs, rupee depreciation, and reduced capacity drive hikes.
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Urban Unemployment Rate Dips to 6.6% in Jan-Mar
India's urban unemployment rate fell to 6.6% in Jan-Mar 2026, according to PLFS data. The survey covered over 5.6 lakh persons aged 15+.
Maruti Suzuki to Launch 3 New Cars in 2026: Brezza, WagonR, SUV
Maruti Suzuki plans to launch three new cars in 2026: a Brezza facelift, an updated WagonR, and a new 7-seater SUV. The models aim to strengthen the brand's lineup in competitive segments.
India Expects US Delegation for Trade Talks Soon
India anticipates a US delegation visit for the next round of bilateral trade talks, though dates are not finalized. Discussions aim to advance an interim trade agreement and broader Bilateral Trade Agreement.
RBI Governor Urges Bold Innovation for Indian Businesses
RBI Governor Shaktikanta Das urges Indian businesses to think boldly, innovate fearlessly, and invest strategically to overcome current economic challenges and drive growth.
CM Sukhu Reviews Shimla Sabzi Mandi Complex Construction
Himachal CM Sukhu reviews construction of Shimla Sabzi Mandi Complex, emphasizing timely completion and quality. The project aims to modernize wholesale vegetable market.
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Portugal Sees Strong Complementarity with India as EU-India FTA Nears
Portugal's Secretary of State for Internationalization highlights strong economic complementarity with India as the EU-India free trade agreement approaches finalization, emphasizing opportunities in technology, renewable energy, and pharmaceuticals.
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