Mohali to Get New Exhibition-Cum-Convention Centre

A new exhibition-cum-convention centre is set to be developed in Mohali, Punjab, aimed at enhancing the city's infrastructure and attracting business events. The project is expected to create jobs and stimulate local economic growth.

Bengaluru STRR to Reach Tamil Nadu Border by June

The long-delayed Bengaluru STRR project is in advanced stages, with the final rail overbridge construction underway, aiming to connect to the Tamil Nadu border by June 2026 after a 16-month setback.

Oil Prices Rebound After Steepest Drop Since 2020

Oil prices recovered on Thursday after their biggest single-day fall since April 2020, with Brent crude nearing $97 amid uncertainty over the Strait of Hormuz and renewed Middle East tensions.

IT Q4 Outlook: Muted Growth, AI Deflation, Geopolitical Risks

The March quarter for Indian IT firms is projected to be subdued, with sequential growth ranging from -1% to 3.5%. Geopolitical uncertainty and early GenAI-led revenue deflation weigh on the sector, though rupee depreciation may boost margins.

RBI Keeps Policy Rate Unchanged at 5.25%, Eyes Global Risks

The Reserve Bank of India's Monetary Policy Committee unanimously maintained the policy rate at 5.25% for the second meeting, citing global volatility from West Asia conflicts and oil price concerns while forecasting 6.9% GDP growth.

Markets Rally on West Asia Truce, Sensex Gains 4%

A temporary ceasefire in West Asia triggered a global market surge, with India's Sensex jumping 2,946 points, adding Rs 16.3 lakh crore in wealth. Crude oil fell below $100/barrel, boosting investor confidence.

BMW India: Limited FTA Impact, Local Assembly, EV Surge

BMW Group India expects marginal pricing impact from India-EU Free Trade Agreement, with 95% of cars assembled locally. CEO Hardeep Brar highlights EV sales growth of 83% and over 70% market share in luxury electric segment.

Washerman Gets IT Notice for Rs 598 Crore Diamond Deals

The Income Tax Department has issued notices to a roadside washerman in Ajmer and his bank manager over unexplained transactions worth Rs 598 crore linked to diamond trading. The washerman claims ignorance and has filed a police complaint.

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