Britannia Rules Out Manufacturing Disruption Over Supplies
Britannia Industries has clarified that its manufacturing operations remain uninterrupted despite ongoing supply chain assessments, ensuring stable product availability in the market.
Category : Business
MP Industries Hit by PNG Supply Cap at 80% Amid Middle East Tensions
Industries across Madhya Pradesh confront higher costs and production challenges as PNG supplies to industrial and commercial users are restricted to 80% of past six-month average consumption, driven by Middle East conflict disruptions.
Jaipur Railway Decentralization: NWR Unveils Satellite Terminal Plans
North Western Railway announces a decentralized terminal system for Jaipur, upgrading suburban stations like Khatipura and Gandhi Nagar to handle increased passenger traffic and reduce congestion at Jaipur Junction.
India's Forex Reserves Drop $11.7 Billion as RBI Supports Rupee
India's foreign exchange reserves fell sharply to $716.8 billion, with the RBI selling dollars to support the rupee amid Iran-Israel conflict pressures and rising oil prices.
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Goyal Rejects Claims of India-US Trade Deal Hold-Up
Commerce Minister Piyush Goyal refutes reports suggesting India is delaying a trade deal with the US, calling them baseless. He emphasizes the agreement's benefits for both nations, including technology access and protection of sensitive sectors.
Parliamentary Panel Flags Digital Payments, Banking Concerns
A parliamentary committee has raised alarms over the financial sustainability of UPI, gaps in formal lending, cybersecurity in banks, and declining insurance penetration in its latest report on the Department of Financial Services.
India Plans Export Support Amid West Asia Conflict
The Indian commerce department is developing measures to support exporters affected by the West Asia conflict, including insurance coverage and diversifying markets to mitigate the impact on shipments.
Rupee Hits Record Low at 92.46 Amid War, High Crude Prices
The Indian rupee closed at 92.46 on Friday, down 27 paise, after touching a record low of 92.48. High crude prices, weekend dollar demand, and geopolitical tensions from the Iran-Israel war pressured the currency, with RBI intervention limiting losses.
India-UK FTA Anticipated for Mid-April Rollout
The India-UK Free Trade Agreement is reportedly in its final stages, with a potential launch scheduled for mid-April. This landmark deal aims to significantly boost bilateral trade and investment.
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India Reviews US Trade Probes, Engages on Bilateral Deal
The Indian government is examining legal and economic impacts of US Section 301 probes while continuing talks with the Trump administration on a trade agreement, pending clarity on tariffs.
India Stocks Lose Rs 34 Lakh Crore as War Hits Market
Investors in India have lost Rs 34 lakh crore as the West Asia conflict triggers a massive selloff, with Sensex dropping 6.5% and crude oil surpassing $100/barrel.
Jeffrey Epstein's Fortune: Billionaire Ties & Secret Deals
Explore the mysterious wealth of Jeffrey Epstein, from his Bear Stearns beginnings to secretive deals with billionaires like Les Wexner and Leon Black, revealing how he amassed millions amid controversy.
US Targets India, 59 Nations in Forced Labor Trade Investigation
The US Trade Representative has initiated a Section 301 investigation against 60 countries, including India, alleging failure to enforce bans on imports made with forced labor. This follows a similar probe into manufacturing capacity against 16 nations.
Toxic Gas Leak Kills 3 Workers in Balotra Factory
Three workers died and one was injured after inhaling toxic gas while cleaning a sludge tank at a textile factory in Balotra's industrial area on Friday. The incident highlights serious safety concerns in industrial operations.
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India Launches Rs 1 Lakh Crore Economic Fund Amid Conflict
Finance Minister Nirmala Sitharaman announces a Rs 1 lakh crore Economic Stabilisation Fund to tackle global headwinds from the West Asia conflict, ensuring fiscal resilience and support for key sectors like fertilizers and food security.
Railways Converts Special Trains to Regular Services in Odisha
Indian Railways has converted two special trains on Puri-Patna and Bhubaneswar-Dhanbad routes into regular trains, ensuring continuous service like other major trains, with detailed schedules and stoppages announced.
Indore Food Vendors: No Price Hike Despite LPG Shortage
Vendors at Indore's Sarafa Bazaar and Chhappan Dukan assure customers that food prices will remain stable despite the LPG shortage, as they shift to alternative fuel sources like induction cooktops and electric bhattis.
Govt Calls Off IDBI Bank Sale as Bids Below Reserve Price
The Indian government has canceled the disinvestment of IDBI Bank after receiving bids lower than the reserve price. This decision impacts privatization plans and the fiscal disinvestment target.
India LPG Shortage: Govt Urges PNG Shift Amid Crisis
India faces LPG cylinder shortages due to West Asia tensions disrupting imports. Govt urges households and businesses to switch to PNG, prioritizes domestic supply.
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Meta Announces Sweeping Layoffs Amid Rising AI Costs
Meta is planning significant layoffs across its organization as the company faces mounting costs from its aggressive investments in artificial intelligence and the metaverse.
Gas Crisis Hits Haryana Industries, Jobs at Risk in Gurgaon
Haryana's industries, especially in Gurgaon, face a severe slowdown due to a gas crisis. With commercial LPG unavailable and PNG supply curtailed, production, profitability, and jobs are under threat, impacting over 20,000 units.
Gurgaon Meeting on Structural Audit Compliance in Housing Societies
Gurgaon district administration convenes meeting with developers and RWAs to address complaints about unimplemented structural repair measures in residential buildings, ensuring safety compliance.
Noida Police Arrests Man in Rs 2 Crore GST Fraud Case
A 25-year-old man was arrested in Noida for his involvement in a gang accused of tax evasion worth nearly Rs 2 crore. The gang used fraudulent firms to file bogus IGST claims and generate fake invoices.
Kota LPG Shortage Hits Hostels Amid Middle East Conflict
Kota's coaching hub struggles with LPG cylinder shortages due to Middle East conflict, forcing hostel owners to cut menus, use coal stoves, and buy cylinders on black market at inflated prices.
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Manesar Industries Ask for Diesel Use as Gas Supply Turns Uncertain
Industries in Manesar, Haryana, have requested temporary permission to use diesel due to potential PNG/CNG shortages from the West Asia conflict, warning of factory shutdowns and supply chain disruptions.
Gurgaon Vendors Hit by LPG Shortage, Risk Shutdown
Hundreds of food vendors in Gurgaon are on the brink of closure due to a severe LPG supply crunch, triggered by global conflicts disrupting energy routes. Many are forced to consider returning to their hometowns as suppliers fail to deliver.
MP Hotels Prepare for LPG Supply Disruption from Global Tensions
Hotels across Madhya Pradesh are implementing fuel conservation measures and exploring electric cooking alternatives as geopolitical tensions threaten commercial LPG supplies. Industry bodies advise menu rationalization and operational streamlining.
LPG Panic Buying Leads to Long Queues in Noida, Ghaziabad
Residents in Noida and Ghaziabad faced long queues at LPG distribution agencies due to panic buying, despite officials assuring no shortage. Technical glitches in booking systems worsened the situation.
Palantir CEO Bought Miami Mansion Before Company HQ Relocation
Palantir CEO Alex Karp purchased a $46 million Miami mansion months before the company announced its headquarters move to Florida, joining a tech billionaire exodus from California.
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Hyderabad Global Innovation Hub, Minister Tells German Delegation
Hyderabad's world-class infrastructure and talent pool make it a global hub for IT, electronics, pharma, aerospace, and defense, as Telangana's minister highlights investment opportunities to a German delegation.
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