Himachal Signs MOU with Alliance Air for Daily Flights
Himachal Pradesh government signs an MOU with Alliance Air to operate daily flights on Delhi-Shimla and Shimla-Dharamsala routes, enhancing regional connectivity and tourism.
Category : Business
Rupee Rises 28 Paise to 92.90 vs US Dollar
The Indian rupee strengthened by 28 paise against the US dollar, closing at 92.90, driven by positive domestic equity trends and foreign fund inflows.
Tirupur Textile Industry Adopts PNG for Sustainability
Tirupur's textile exporters are advocating for piped natural gas (PNG) to comply with tightening global ESG norms and stay competitive in European markets.
Amazon Scales Down Fresh for Now in Indian Cities
Amazon is scaling back its Amazon Fresh grocery service in major Indian cities to prioritize AmazonNow, its quick commerce offering, as competition heats up with Blinkit and Swiggy Instamart.
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India Bans Wood Briquette Exports to Secure Fuel Supply
The Indian government has imposed an immediate export ban on wood briquettes, a key biomass fuel, to ensure domestic availability and curb rising prices amid global energy concerns.
Govt: Essential Commodity Prices Stable Amid West Asia Crisis
The Centre has confirmed that prices of essential commodities remain stable despite the West Asia crisis, with sufficient wheat and rice stocks for PDS and emergencies.
Govt Extends Electrical Appliance QCO Deadline to Oct 2026
The Indian government has extended the mandatory quality control order for household electrical appliances by six months to October 2026, amid rising demand for induction heaters due to LPG supply concerns.
RBI Keeps FPI Caps on G-Secs, Hikes Debt Limit to Rs 16.32 Lakh Crore
The Reserve Bank of India has retained foreign portfolio investment caps on government securities and state development loans while increasing the total debt limit to Rs 16.32 lakh crore for the current fiscal year.
Punjab Landowners Waive 6-Month Lease for Tenant Farmers
In a heartening gesture, landowners in Kothe Sandhuan Wale village, Bathinda, have waived six months of lease payments for tenant farmers, setting a powerful example of rural solidarity and support during challenging times.
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SatLeo Labs Raises $5.5M Seed Funding for Space Tech
Spacetech startup SatLeo Labs has raised $5.5 million in seed funding to advance its thermal satellite mission and develop an AI-powered platform for thermal intelligence applications.
Reliance Loads Venezuelan Crude After US License Approval
A Reliance Industries unit has started loading 2 million barrels of Venezuelan crude, directly procured from PDVSA, following a US general license secured in February 2026. This move diversifies sourcing amid eased sanctions.
Oracle Layoff: Man's Rs 60L FDs Yield Rs 43K Monthly
An Odisha man laid off from Oracle Bengaluru demonstrates financial resilience with Rs 60 lakh in fixed deposits generating Rs 43,000 monthly interest, now driving Uber while planning a business.
Circle Rate vs Market Rate: Property Buyer's Guide
Understanding the crucial differences between government-set Circle Rates and market-driven Market Rates is vital for property transactions in India. This guide explains their purposes, impacts on stamp duty, and legal implications.
Dimon: Iran War Risks Oil Shocks, Higher Interest Rates
JPMorgan Chase CEO Jamie Dimon warns that the Iran conflict may trigger oil price shocks, keeping inflation elevated and pushing interest rates above market expectations.
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Two Indian LPG Tankers Navigate Hormuz Strait, 16 Stranded
Two Indian-flagged LPG tankers have safely sailed through the Strait of Hormuz, a critical global oil chokepoint, while 16 other vessels remain stranded due to heightened tensions and security concerns in the region.
US Stocks Mixed as Iran Tensions, Oil Volatility Weigh on Markets
US stock markets showed tentative moves with the S&P 500 rising slightly and the Dow Jones falling, as oil prices remained volatile amid escalating Iran tensions ahead of President Trump's deadline. Global markets were mixed with some Asian gains.
IndianOil Reviews LPG Supply in Assam, Meghalaya, No Shortage
IndianOil Chairman S.M. Vaidya reviewed LPG supply operations in Assam and Meghalaya, assuring no shortage and emphasizing robust distribution systems to meet demand.
Silver Jumps Rs 5,000, Gold Advances Rs 2,300 on Weak Dollar
Silver prices surged by Rs 5,000 per kg and gold rose by Rs 2,300 per 10 grams in Indian markets, driven by a weakening US dollar and global cues. Analysts predict continued volatility.
Two Indian LPG Tankers Cross Strait of Hormuz Safely
Two Indian-flagged LPG tankers, Green Sanvi and Green Asha, have safely navigated the conflict-hit Strait of Hormuz, heading to Indian ports. Sixteen vessels remain stranded in the Persian Gulf, officials said.
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Tesla Targets Japan's Top Imported Car Brand with Expansion
Tesla plans to expand to over 60 stores in Japan, targeting leadership among imported car brands by next year, supported by increased service coverage and staff training.
Samsung Ramping Up Hiring for $17B Texas Fab Equipment Phase
Samsung Electronics is intensifying recruitment efforts for its $17 billion semiconductor fabrication plant in Taylor, Texas, as the project enters the critical equipment installation phase, signaling a major push in U.S. chip manufacturing.
Moon Ventures Returns to Money Expo 2026 with Financial Innovations
Moon Ventures Pvt Ltd announces its participation in Money Expo 2026, showcasing advanced financial infrastructure innovations aimed at transforming India's financial sector with cutting-edge technology.
India's Debt Management Strong at 81% GDP Ratio Amid Global Volatility
Finance Minister Nirmala Sitharaman highlights India's robust debt position with an 81% debt-to-GDP ratio, the lowest among major economies, while warning of global economic volatility and Middle East energy threats.
India Auto Retail Hits Record High in FY26 with 13.3% Growth
India's automobile retail sales surged 13.3% to a record 2.96 crore units in FY26, driven by GST 2.0 and festive demand, though supply chain issues pose future challenges.
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UAE Nafis Program Extended to 2040 for Emiratisation Push
The UAE has extended its Nafis program to 2040, enhancing Emiratisation with new family support initiatives and expanded benefits for private sector employment.
Wipro Wins $1B Olam Contract, Buys Mindsprint for $375M
Wipro announces a major $1 billion, eight-year contract with Olam Group, alongside acquiring Mindsprint for $375 million, marking a significant expansion in its global IT services portfolio.
Massive Fire at Gurugram Furniture Warehouses Causes Major Damage
A massive fire broke out in Gurugram, engulfing four furniture warehouses and causing extensive damage. Firefighters battled the blaze for hours, with no casualties reported. The incident highlights fire safety concerns in industrial areas.
India Plans LPG Reserves as Refinery Shutdown Looms
The Indian government is evaluating the creation of liquefied petroleum gas reserves to buffer against supply disruptions from Nayara Energy's Vadinar refinery shutdown and Middle East tensions.
Dimon: Iran War May Spike Oil Prices, Inflation, and Interest Rates
JPMorgan Chase CEO Jamie Dimon cautions that the Iran conflict could trigger oil and commodity price shocks, leading to persistent inflation and interest rates exceeding market forecasts.
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Smart Driving Habits to Extend Clutch and Gearbox Life
Learn how proper driving techniques and maintenance can significantly reduce wear on your vehicle's clutch and gearbox, saving you money on costly repairs.
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