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.
Category : Business
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.
Panchkula MC's Rs 145-Crore Fraud: Bank Official Surrenders
Pushpender Chaudhary, deputy VP of Kotak Mahindra Bank, surrenders in Panchkula's Rs 145-crore fixed deposit fraud case. Six suspects now in custody as ACB plans confrontational interrogation.
Stripe Names Manish Maheshwari India Revenue and Growth Head
Stripe appoints former Twitter India MD Manish Maheshwari as head of revenue and growth for India, focusing on helping Indian companies scale globally with payments infrastructure.
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Triumph Targets 1 Lakh Bike Sales in India in 15 Months
Triumph Motorcycles India plans to sell 1 lakh sub-400cc bikes in 15 months, leveraging lower GST rates and competitive pricing. The company has expanded to 230 outlets and aims for 400 by fiscal end.
India's GDP May Exceed RBI's 2026-27 Growth Forecast
S Mahendra Dev, Chairman of the Economic Advisory Council to the PM, expressed confidence that India could achieve 7% GDP growth in 2026-27, surpassing the RBI's projection of 6.9%.
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.
Nagpur's Viksit Bharat Start-Up Conclave Aims for Global Recognition
Nagpur University and partners organize a two-day start-up conclave from April 10-11, featuring over 40 start-ups and innovative support for all ages, including minors and seniors.
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.
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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.
Nagpur Station Closure Causes 2-Hour Train Delays for 52 Days
Central Railway shuts Nagpur station's platform 2 for redevelopment, causing up to two-hour delays for Mumbai and Gujarat-bound trains. Over 40 trains diverted or adjusted, with no cancellations.
World Bank: India Drives South Asia Growth at 6.6%
The World Bank projects India's growth at 6.6% for FY27, up from 6.3% earlier, driven by strong domestic demand and export resilience, though it warns of headwinds from West Asia conflict.
Lowe's CEO: AI Can't Fix Your Roof, Invests $250M in Trades
Lowe's CEO Marvin Ellison issues a reality check on AI's limits while tech giants invest billions. The home improvement chain bets $250 million on skilled tradespeople as AI reshapes white-collar jobs.
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Packaging Cost Surge Disrupts Industries, Hits Consumers
Sharp increases in paper and plastic packaging costs are forcing price hikes on essentials from diapers to flour, disrupting production planning and order bookings across FMCG, pharma, and food sectors in Indore.
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.
Summer Fruit Prices Surge in Indore Due to High Logistics Costs
The arrival of mangoes and summer fruits at Choithram Mandi in Indore brings higher prices this season, driven by increased freight costs and supply chain disruptions from the West Asia crisis.
PNG Expansion in Indore Creates 250+ Jobs for ITI Students
The rapid expansion of piped natural gas connections in Indore has generated over 250 skilled job opportunities for ITI students in mechanical trades, as gas companies scramble to meet installation demand.
Nagpur LPG Crisis: OTP Bottleneck Causes Shortages, Depot Chaos
Nagpur faces severe commercial LPG shortages as OTP-based delivery slows supply, leaving hotels and caterers struggling. A depot glitch caused false delivery alerts, leading to police intervention.
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Exporters Cautious on Hormuz Reopening, Call for Lower Interest Rates
FIEO President SC Ralhan advises exporters to adopt a wait-and-watch approach despite ceasefire, warns of 7-8% dip in March exports, and calls for government support on credit and GST reforms.
North Maharashtra Crops Hit by Unseasonal Rains, 1.14L Hectares Damaged
Unseasonal rainfall and hailstorms in north Maharashtra have damaged over 1.14 lakh hectares of crops, affecting 1.65 lakh farmers, with Nashik district worst hit and onion cultivation suffering major losses.
Telangana Tops India with 9.5% Imported Inflation
Telangana records the highest imported inflation in India at 9.5%, far exceeding the national average of 5.36%. Global disruptions and local economic disparities are driving up costs for consumers and manufacturers.
RIICO Industrial Plot Allotments Jump 45% in Rajasthan
RIICO sold 3,055 industrial plots in FY25-26, a 45% increase from the previous two years, driven by investor-friendly reforms and new industrial areas.
Cochin Port's Rs 700 Crore Channel Deepening Plan for Transshipment Hub
Cochin Port Trust is advancing a Rs 700 crore project to deepen its navigational channel to 16m, aiming to attract large cargo vessels directly and double cargo capacity to 2 million TEU, despite local environmental concerns.
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Steady Repo Rate Boosts NCR Housing Market Sentiment
The Reserve Bank of India's decision to maintain the repo rate at 6.5% has significantly boosted sentiment in the NCR housing market, fueling buyer confidence and driving increased demand for residential properties.
Odisha CM Majhi Launches 36 Industrial Projects, 59k Jobs
Odisha Chief Minister Mohan Charan Majhi inaugurated 36 industrial projects valued at Rs 40,811 crore, set to generate 59,000 jobs, marking a shift from potential to prosperity.
STRR to Reach Tamil Nadu by June After Delay
The Bengaluru Satellite Town Ring Road is set to connect to Tamil Nadu by June 2026, overcoming a 16-month delay due to approval issues from the South Western Railway.
Ola Electric Staff Booked for Rs 16 Crore Fraud in Bengaluru
Police in Bengaluru have registered a case against Ola Electric employees for allegedly defrauding the company of Rs 16 crore through fraudulent transactions in Indiranagar.
Punjab to Build Rs 250-Crore Exhibition Centre in Mohali
Punjab Industries Minister Sanjeev Arora announced a state-of-the-art multipurpose exhibition and convention centre in Mohali's IT City, with the Rs 250-crore project expected to create up to 25,000 jobs and boost tourism.
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Punjab Wheat Procurement Resumes After Agents Suspend Strike
Punjab's wheat procurement operations are restarting after arhtiyas ended their week-long strike following government talks. The agents have suspended protests for the season but plan to resume later.
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