Goyal Meets LVMH, L'Oreal to Boost India Manufacturing, Exports
Union Minister Piyush Goyal held meetings with LVMH and L'Oreal to discuss expanding manufacturing, exports, and investment in India, focusing on local talent and cultural promotion.
Category : Business
MP CM Announces Nimar Investor Summit, Industrial Push
Madhya Pradesh CM Mohan Yadav announced a Nimar region investor summit, new access road in Rehta, and tax reliefs to boost Burhanpur's industrial growth and ease of business.
ABB India Q1 CY2026 Growth Driven by Robust Demand
ABB India posted a solid start to CY2026 with strong demand in the January-March quarter, driven by industrial automation and electrification segments.
ABB India Posts Solid Q1 CY2026 on Strong Demand
ABB India reported a solid start to CY2026, with strong demand driving impressive Q1 results. The company's performance highlights growth across key sectors.
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Labour Shortage Hits MP Industries as Migrant Workers Return
A sharp shortage of unskilled and semi-skilled labour in Madhya Pradesh's industrial belts is causing up to 20% production losses as migrant workers return home due to rising living costs and LPG supply issues.
Air India Rules Out Layoffs, Defers Annual Increments
Air India assures no layoffs despite massive losses, but defers annual increments by a quarter to cut costs amid economic uncertainty and multiple crises.
India-EU Partnership Gains New Momentum: Sitharaman
Finance Minister Nirmala Sitharaman said the India-EU strategic partnership has gained decisive new momentum, highlighting trade, technology, and green cooperation.
Markets Priced in Lower GDP Growth, Higher Inflation: SEBI
A SEBI analyst states that markets have already factored in lower GDP growth and higher inflation projections due to the oil shock, suggesting limited further downside.
NERC Warns Data Centers Risk Power Grid Reliability
NERC warns that rapidly growing data centers and large power users pose unprecedented risks to the North American power grid, issuing a Level 3 alert and new voluntary guidelines.
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ED raids Punjab minister Sanjeev Arora in money laundering case
The Enforcement Directorate conducted fresh raids against Punjab minister Sanjeev Arora and linked entities under PMLA, covering five locations including his official residence.
India Relevant for Emerging Market Investors: Jefferies
Despite a lower MSCI weightage, India remains a key destination for emerging market investors due to strong fundamentals and growth prospects, says Jefferies.
Chhattisgarh, Odisha, Jharkhand Top Minimum Wage Gap: SBI
A recent SBI report reveals that Chhattisgarh, Odisha, and Jharkhand have the widest disparity between minimum wages and living costs in India, highlighting economic challenges.
Health Insurance Share in Non-Life Sector Hits 40.8%
Health insurance's share in India's non-life sector rose to 40.8% in FY26, growing 15.4% to Rs 1.4 lakh crore. Standalone insurers outperformed with 19.4% growth.
Zepto Gets Sebi Nod for $1 Billion IPO, Listing by July
Zepto's $1 billion IPO gets Sebi approval, targeting a Dalal Street listing by July. The quick commerce startup will join rivals Blinkit and Swiggy Instamart amid volatile markets.
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Banks urge revision of affordable housing limits due to inflation
Banks have asked the government to update affordable housing definitions, citing inflation and rising property costs. SBI and HDFC Bank chairmen recommend indexing limits to real estate prices and raising tax deductions.
Nashik TCS Case: Nida Khan Arrested and Remanded
Nida Khan has been arrested in connection with the Nashik TCS case and remanded to police custody. The case involves alleged irregularities at a Tata Consultancy Services facility.
Punjab's Wheat Stockpile Crisis: Problem of Plenty
Punjab faces a wheat stockpile crisis with overflowing godowns and delayed procurement. The explainer delves into causes, impacts, and solutions for this surplus problem.
Haryana Bank Scams: Explainer on Recent Financial Fraud Cases
Recent bank scams in Haryana have shaken the state's financial sector. This explainer details the major fraud cases, modus operandi, and impact on depositors.
India weighs fuel price hike as crude averages $105.4 in May
Crude oil averaging $105.4/barrel in May pressures Indian fuel prices. Government's excise duty cut costs Rs 14,000 crore monthly. Experts suggest gradual price increase to manage transition.
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Indian-American businessman to lose US citizenship over fraud
Debashis Ghosh, a 62-year-old Indian-American, faces denaturalization after committing wire fraud before and after becoming a US citizen in 2012.
This Carrot is a Stick: Policy Analysis
An analysis of how seemingly beneficial policies can have hidden coercive elements, drawing parallels to the carrot-and-stick approach in governance.
UP Excise Dept Relaxes Norms for Liquor Sales in Hypermarts
The Uttar Pradesh excise department has relaxed conditions for stocking alcoholic beverages in hypermarts within malls, removing the mandatory 500 sq ft space requirement to boost revenue.
Lucknow Airport to Add 6 New Parking Bays from May 14
Lucknow's Chaudhary Charan Singh International Airport will commission six new aircraft parking bays on May 14, increasing handling capacity to 24 aircraft simultaneously, including wide-body and long-haul planes.
Aircraft Leasing at GIFT City to Double in 2 Years: Minister
Union Civil Aviation Minister Rammohan Naidu Kinjarapu said aircraft leasing through GIFT City is projected to double in two years, positioning India as a major aviation financing hub.
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Goa Cabinet Allocates 1 Lakh Tonne Iron Ore to Sesa Resources
Goa cabinet allocates additional 1 lakh tonne iron ore to Sesa Resources for export. Bombay HC dismisses PIL against mining dump policy, upholding fair mechanism.
Bombay HC Dismisses Goa Mining Lease Plea, Imposes Rs 5 Lakh Cost
The Bombay High Court dismissed a petition by Shantilal Khushaldas & Bros seeking renewal of a mining lease in Goa, imposing a Rs 5 lakh cost for filing the plea.
Biocon Q4 Net Profit Up 5% to Rs 126 Crore, Dividend Recommended
Biocon reported a 5% rise in Q4 net profit to Rs 126 crore. The board recommended a final dividend of Re 0.50 per share for FY2026.
Compressor blast at Ghaziabad factory kills 2 workers
Two workers died and one was critically injured when a compressor exploded during testing at a factory in Sahibabad Industrial Area. The blast was heard 5 km away.
Ghaziabad Commissioner Warns Contractors Over Slow Road Work
Ghaziabad municipal commissioner Vikaramadiya Singh Malik has warned contractors of penalties for slow progress on road projects under the CM-GRID scheme, with some stretches showing less than 1% completion.
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Ponda Council to Relocate 187 Vendors for New Bazaar
Ponda Municipal Council and GSDA inspect site to relocate 187 vendors from Palika Bazaar for reconstruction. Vendors will move to temporary location for 18 months until new multi-storeyed building is completed.
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