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.
Category : Business
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.
Govt Uses Essential Commodities Act to Secure LNG for Priority Sectors
Facing severe LNG shortages due to Middle East conflicts, India has invoked the Essential Commodities Act to reallocate gas supplies. Fertilizer and industrial sectors face cuts while domestic PNG, CNG, and LPG production receive full priority.
Kerala Hotel Crisis: LPG Shortage Threatens Shutdowns Amid War
Kerala's hotel and restaurant industry faces potential closures due to commercial cooking gas shortages from Middle East supply disruptions. Thousands of establishments in cities like Kochi and Thiruvananthapuram are affected, with industry bodies urging
Nashik Hotels, Industries Face Shutdown Over LPG Supply Halt
A sudden stoppage of commercial LPG cylinder supply in Nashik threatens to paralyze 8,000 hotels and 600 industrial units within days, with existing stocks running critically low.
India-EFTA Pact: $100B Investment Target in 15 Years
The India-EFTA trade agreement marks its second anniversary, with a focus on achieving $100 billion in investments over 15 years, boosting economic ties and job creation.
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IndiGo CEO Steps Down, MD Rahul Bhatia Takes Interim Charge
IndiGo CEO Pieter Elbers has stepped down from his position. Managing Director Rahul Bhatia will take interim charge as the airline begins its search for a new CEO.
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