India's National Debt Jumps 53% to Rs 186 Lakh Crore
India's national debt has increased by 53% over the past five years, reaching Rs 186 lakh crore. This significant rise highlights growing fiscal pressures and economic challenges.
Category : Business
Bengaluru Hotels Turn to Alternative Fuels as LPG Shortage Hits
Hotels and restaurants in Bengaluru are urgently exploring alternative fuel sources like induction stoves and electric cookers due to a severe LPG shortage, impacting operations and raising costs.
West Asia Conflict Halts Byadgi Chilli Exports via Mumbai Port
The West Asia conflict has stranded containers of Byadgi red chilli at Mumbai port, disrupting exports to Gulf markets. Known for its deep red color and mild pungency, this Karnataka specialty faces logistical delays amid rising global demand.
Bharat-Made Trainsets for Bullet Train Corridor
India's Mumbai-Ahmedabad bullet train project will feature domestically manufactured trainsets, boosting local industry and reducing import reliance.
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Chandigarh LPG Crisis: Businesses Face Shortages, Price Hikes
Chandigarh businesses report commercial LPG shortages and price surges amid Middle East conflict, while oil companies assure domestic supply stability. Hotels and restaurants face operational challenges.
Blue Star AC Prices May Rise 15% on New Norms, Commodity Costs
Blue Star announces potential air-conditioner price increases of 13-15% due to energy-efficiency label changes and rising commodity costs, with a Rs 200 crore capex plan for growth.
Pune Restaurants Hit by LPG Shortage, Many Shutting Down
Nearly 100 Pune eateries are affected by commercial LPG curbs, with many operating at half capacity or closing. NRAI warns of widespread shutdowns as supplies remain suspended.
AP Egg Prices Crash 40%, Farmers Lose Rs 4 Crore Daily
Andhra Pradesh's poultry industry reels as egg wholesale prices drop 40% to Rs 400 per 100, causing Rs 4 crore daily losses. Export halt and weak demand during Ramzan and Lent cited as key factors.
Insurance Support for Exporters in West Asia Conflict
Commerce Minister Piyush Goyal announced that the Indian government is likely to offer insurance support to exporters affected by the West Asia conflict, with an inter-ministerial group monitoring the situation daily.
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India Pharma Faces Rs 2,500-5,000 Cr Loss from West Asia Conflict
Indian pharmaceutical exports to GCC and WANA regions risk losses of Rs 2,500-5,000 crore due to West Asia conflict, disrupting shipping and raising freight costs, per Pharmexcil.
Dassault Awards Contract to Bengaluru Firm for Rafale Components
French aerospace giant Dassault Aviation has signed a long-term agreement with Bengaluru-based Hical Technologies for manufacturing critical control systems for Rafale fighter jets, boosting India's role in global defence manufacturing.
SMPP Wins 10,000 Bullet Proof Jackets Order After 40,000 Contract
Delhi-based defence manufacturer SMPP has secured an additional contract for 10,000 bullet proof jackets for paramilitary forces, following a previous order of 40,000 units. The company has already delivered 28,000 jackets, with the balance scheduled for
West Asia War Hits LPG Supply, Delhi Street Food at Risk
Delhi's street food vendors face LPG shortages as West Asia tensions disrupt supplies. Small eateries rely on illegal domestic cylinders, with black market prices rising, risking business closures and jobs.
Oil & Coal Price Spike Squeezes Surat's Textile Sector
Rising crude oil and coal prices, driven by international conflicts, are escalating production costs in Surat's textile industry, potentially increasing saree and garment prices by 20%.
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India Supplies Diesel to Bangladesh Amid Energy Crisis
India is supplying diesel to Bangladesh on a commercial basis under their existing trade agreement, officials confirmed. The supply is part of the regular energy trade between the two nations, with 1.8 lakh tonnes of diesel to be supplied annually via the
Govt Guarantees 70% Gas Supply to Fertilizer Plants
The Indian government has prioritized fertilizer plants for natural gas supply, ensuring at least 70% of their average consumption to safeguard production against global LNG disruptions.
Bank, Finance Firm Fined Rs 6.5 Lakh for Credit Card Closure Issue
Standard Chartered Bank and Shaha Finlease have been fined Rs 6.5 lakh for failing to close a credit card despite a request made 12 years earlier by a Mysuru businessman, VV Venkatesh Babu.
B.Smile Tender for ORR Revamp in Bengaluru Announced
B.Smile Infrastructure has officially floated a tender for the comprehensive revamp of the Outer Ring Road in Bengaluru, aiming to enhance urban mobility and reduce traffic congestion in the city.
Mumbai Restaurants Close Amid LPG Shortage from West Asia War
The West Asia conflict has triggered a severe commercial LPG shortage in Mumbai, forcing 20% of restaurants to shut down partially or fully. Industry bodies warn up to 60% may close soon without government intervention.
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Mumbai LPG Shortage Cripples Temples, Hostels, Businesses
A severe shortage of commercial LPG cylinders in Mumbai is forcing gurdwaras, temples, hostels, and businesses to restrict services or seek emergency government help as supply disruptions worsen.
Oil Prices Cool Below $90 After Trump's Iran War Remarks
Global oil prices retreated below $90 a barrel following US President Trump's comments about a potential end to the Iran conflict. India has increased crude imports from non-Gulf sources to nearly 70% of requirements.
Induction Cooktop Sales Surge on E-commerce Amid LPG Fears
Sales of induction cooktops have tripled on Flipkart and surged 20 times on Amazon as consumers seek backup options amid cooking gas supply disruption fears. Quick commerce platforms also report significant increases.
LPG Shortage from West Asia War Hits Indian Restaurants Hard
The Israel-Iran conflict has disrupted commercial LPG supplies across India, forcing restaurants in major cities to shut down, switch to induction cookers, or cut menu items. Industry leaders warn of widespread closures if the crisis persists.
VOC Port Sets Record: 147 Windmill Blades in One Ship
Tuticorin's VOC Port Authority achieves a national milestone by handling 147 windmill blades from a single vessel, surpassing its previous record and showing significant growth in renewable energy cargo.
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I-T Finds Rs 408 Crore Sales Suppression in Restaurant Survey
The Income Tax department's nationwide survey of 62 restaurants across 46 cities revealed suppression of sales worth Rs 408 crore, using AI tools to analyze data from 1.77 lakh F&B establishments.
Ulhasnagar Commercial Complex Demolition Threat Over Illegal Construction
The Ulhasnagar Municipal Corporation has issued a demolition notice for Regency Plaza, a major commercial hub, citing 31,000 sq ft of unauthorized construction and regulatory violations, causing panic among 500 offices and businesses.
India Increases LPG Production 10% to Counter War Supply Gap
India has increased cooking gas production by 10% after directing refiners to divert components to LPG, prioritizing domestic over commercial supply amid West Asia conflict disruptions.
Hyderabad Eateries Hit by LPG Shortage, Risk Closure
Hyderabad's restaurants and hotels are grappling with a severe commercial LPG cylinder shortage, driven by global supply disruptions from West Asia conflicts. Owners report partial deliveries, price hikes, and uncertainty, threatening kitchen operations d
Hyderabad Housing Colony Completed, Inauguration March 14
A 110-acre housing project in Suryapet district, initiated in 2011, is finally complete and set for inauguration by Chief Minister A. Revanth Reddy on March 14, providing homes for 2,160 disadvantaged families.
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Gas Shortage Stops Urea Production at NFL Plants in Punjab
A severe gas supply shortage has forced the National Fertilizers Limited to suspend urea production at its Nangal and Bathinda plants in Punjab, impacting agricultural supplies.
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