Income tax raids on supari trading firms in Nagpur uncovered tax evasion of nearly Rs 1,700 crore, with one firm involved in Rs 1,300 crore. The groups will pay 60% tax, exceeding Rs 1,000 crore.
Income Tax department uncovers unreported foreign assets worth Rs 100 crore held by 60 individuals in Nagpur, including shares and deposits.
Pune Municipal Corporation's standing committee approved Rs 5.8 crore for urgent repairs of Hadapsar-Gadital flyover, which may later be demolished for a Metro line. Also, property tax rebate for women homeowners approved.
A trade delegation met former Jammu and Kashmir Chief Minister Omar Abdullah to discuss industry-related issues, including power tariffs, raw material supply, and policy support for business growth.
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Ladakh approves major tourism reforms to simplify business operations and reduce compliance burden, aiming to boost the sector and attract more visitors.
Warner Bros. Discovery shareholders approved the $111 billion sale to Paramount, reshaping Hollywood. The deal faces regulatory reviews and opposition from industry professionals and lawmakers.
The Indian government has notified new National Pension System (NPS) rules, introducing changes including increased contribution flexibility and revised withdrawal norms.
Defence Minister Rajnath Singh invites German companies to invest in India's defence sector, highlighting reforms and opportunities for collaboration.
A blast at a chemical factory in Bharuch, Gujarat, injured 15 workers, five critically. The explosion occurred at Metropolitan Eximchem Pvt Ltd in Jhagadia industrial area, involving methanol.
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Ernakulam faces a road construction standstill due to a 40% surge in bitumen prices, labour shortages, and extreme heat, threatening pre-monsoon repairs.
Several Gujarat-based companies have delivered sharply better returns from their March-April lows than benchmark indices, with Gujarat Alkalies surging 75.97% and Adani Power rising 64.40%.
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For workers near the wage floor, macroeconomic shifts mean fewer meals, delayed rent, and reduced remittances. India's labour issue is now a supply chain concern.
Uttar Pradesh government relaxes wheat procurement quality norms for 2026-27 rabi season, allowing higher lustre loss and shrivelled grains to prevent distress sales.
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Ludhiana's finance committee approves revised tenders for integrated solid waste management and road cleaning, with costs rising to Rs 1,408.6 crore and Rs 70 crore respectively.
Rising temperatures in Pune have caused a spike in electricity demand, leading to frequent power cuts and grid instability. Residents report disruptions affecting work and sleep, while MSEDCL officials cite overload and theft as key issues.
PWD revised bitumen rates after prices crossed 10% threshold, but contractors say rates are below market prices, halting over 90% of asphalting projects in Bengaluru.
Hyderabad's Osman Nagar emerges as realty hotspot with land auctions fetching Rs 51.25 crore per acre, 30% above upset price, signaling strong investor confidence.
Chandigarh police revealed that a former accountant of the municipal corporation received Rs 9 crore in illegal payments. Investigation ongoing.
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Gujarat receives eight EOIs under its GCC policy, proposing Rs 18,000 crore investment in R&D facilities across sectors like semiconductors and healthcare.
Residents of Kartarpura, Jaipur, demand relocation of a railway laundry facility causing air and water pollution near a school. MP Manju Sharma assured intervention.
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Finance Minister Nirmala Sitharaman has urged bankers to brace for AI-related threats, citing concerns over Anthropic. Banks must report suspicious activities immediately.
A Chandigarh woman secured a historic Rs 1 crore relief from a consumer court after PNB denied access to her locker, citing non-payment of rent. This landmark ruling upholds consumer rights.
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Incomex 2026, a mega industrial exhibition by KCCI Hubballi, will feature 400+ stalls, CM Siddaramaiah inauguration, and events on AI, agriculture, logistics, and women entrepreneurs.
Prashanta Banik, a government school teacher in Tripura, has built a thriving lemon orchard, earning up to Rs 40,000 yearly. His success is motivating youth towards farming.
Karnataka Housing Board proposes a new residential scheme on 92 acres in Honnihal, 18 km from Belagavi, aiming to address housing demand with affordable options and transparent land acquisition.
NDDB chairman Meenesh Shah informed CM Fadnavis that Aarey and Mahanand dairy brands will relaunch soon. A test strip for adulteration and an AI system with IIT are in development.
Delhi's Mandi Road widening project, approved years ago, shows no progress. Residents face daily traffic chaos, narrow stretches, and lack of basic infrastructure.
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The RBI has cautioned that ongoing West Asia conflict could trigger second-round effects, turning supply shocks into demand-side pressures, requiring careful monitoring.
