GAIL Awaits PESO Clearance for Nagpur-Jabalpur Pipeline
GAIL expects PESO permissions this week to operationalize the 317km Nagpur-Jabalpur gas pipeline, part of a broader network enhancing India's energy infrastructure with east-west connectivity.
Category : Business
Kolhapur Petrol Pumps Halt Night Ops Over Crowds, Credit Changes
Petrol pump operators in Kolhapur suspend operations from 9pm to 6am due to uncontrollable crowds and new advance payment requirements from oil companies, while district authorities ban bulk fuel sales.
Nayara Energy Hikes Petrol, Diesel Prices Due to Global Oil Surge
Private fuel retailer Nayara Energy increased petrol prices by Rs 5 per litre and diesel by Rs 3 per litre, citing global oil price surges from the Middle East conflict. The company operates nearly 7,000 stations across India.
India Rules Out Fuel Restrictions, Asserts Energy Security
The Indian government has dismissed speculation about petrol and diesel shortages, confirming no restrictions on sales. It highlights robust fuel availability and strategic measures to ensure energy security.
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Foreign Airlines Boost India Flights as Gulf Carriers Cut Schedules
SWISS and British Airways are increasing flights to India to meet rising demand, as major Gulf carriers reduce operations due to Middle East conflicts. Air India also adds services to the West.
Vadodara Gas Expands CBG Use to Offset Supply Uncertainties
Vadodara Gas Ltd is increasing compressed biogas injection in its network to 6,500kg daily, reducing reliance on imported natural gas amid West Asia tensions.
Danfoss Invests Rs 1,500 Crore in India for Manufacturing Growth
Denmark's Danfoss plans a Rs 1,500 crore investment in India by 2030, focusing on localisation, a compressor plant, and boosting global exports from India.
Tier-2 Indian Startup Hubs Secure $3.2B in Funding Growth
Startups in Surat, Jaipur, Coimbatore, and other emerging hubs recorded 2,200 funding rounds and raised $3.2 billion from 2016 to 2025, driven by sectors like ed-tech and fashion tech.
Domestic Flight Costs to Soar This Summer with Fewer Flights
Domestic air travel in India is expected to become significantly more expensive this summer due to a 12% reduction in weekly flights and rising aviation fuel costs, mirroring trends seen in international travel.
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Hyderabad PNG Adoption Slow, 60% Network Underutilized
Despite over 2.1 lakh PNG connections laid in Hyderabad, only 80,000 households actively use piped gas, with infrastructure bottlenecks and LPG dominance hindering the Centre's clean fuel transition plan.
Ranchi Restaurants Protest CCPA Ban on Extra Charges
Ranchi restaurant owners express concerns over CCPA advisory banning arbitrary charges, citing rising LPG prices and operational costs. Many warn of potential closures.
CBI Files Rs 115 Crore Fraud Case Against Reliance Telecom Directors
The CBI has filed an FIR against former Reliance Telecom directors Satish Seth and Gautam Doshi, along with public servants, for an alleged bank fraud of Rs 115 crore. Searches were conducted in Mumbai, and documents related to loan transactions were reco
Vadodara Gas Ltd Hikes Industrial Gas Tariffs Due to Supply Issues
Vadodara Gas Ltd has increased gas tariffs for industrial consumers by Rs 2 per SCM, citing global supply constraints. Domestic and transport rates remain unchanged.
GIFT City Launches Women in Fintech Accelerator
GIFT City unveils the Women in Fintech Accelerator, a hybrid programme to boost women-led startups in the IFSC ecosystem through mentorship and investor matchmaking.
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Airfare Caps Removed, Prices Fluctuate Widely
The Indian government has removed price caps on domestic air tickets, resulting in significant fare fluctuations. Airlines can now set prices based on demand, impacting travelers.
AM/NS India Names Amit Harlalka New CEO, Dilip Oommen Steps Down
ArcelorMittal Nippon Steel India appoints current CFO Amit Harlalka as CEO from July 1, while outgoing CEO Dilip Oommen will continue as board member after leading the company since its formation.
Kochi Water Metro Increases Frequency for Tourist Season
Kochi Water Metro is increasing service frequency on the High Court-Fort Kochi route to 10 minutes to accommodate record summer crowds, with plans for tourist-focused expansions in other cities.
Vadhvan Port Highway Land Compensation Starts in Palghar
Palghar district authorities have initiated direct bank transfers for land acquisition compensation related to the Vadhvan Port Greenfield Highway Project, with special camps set up for documentation.
E-commerce Hiring Up 35%, Focus Shifts to Tech and Operations
India's e-commerce sector sees 35% hiring growth to 98,750 roles, driven by tech and operations. Demand for AI specialists and warehouse managers rises as companies prioritize platform capability over expansion.
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Deutsche Bank India GCC AI Incubator Draws 100 Ideas in 100 Days
Deutsche Bank's Global Capability Center in India is accelerating AI adoption through an in-house incubator that generated 100 ideas in its first 100 days, leveraging local workforce adaptability.
Ahmedabad Businessman Swindled in Rs 64 Crore Real Estate Fraud
A 37-year-old businessman from Thaltej, Ahmedabad, and his partners were allegedly cheated of Rs 64 crore in a complex real estate scam involving forged documents and false promises of lucrative land deals.
India Backs WTO Reform, Stresses Development and Consensus
India supports reforming the World Trade Organisation but emphasizes retaining a focus on poor nations and consensus-based decisions. Commerce Minister Piyush Goyal calls for operational special treatment and reviving dispute mechanisms.
Revised GDP Data Tests Fiscal Devolution Fairness to States
The recent revision of India's GDP data has sparked a debate on the fairness of fiscal devolution to states, raising concerns about resource allocation and economic equity.
Bengaluru Property Tax Shortfall Exceeds Rs 2,652 Crore
Bengaluru's property tax collections for 2025-26 fiscal year reached only 60% of the Rs 6,700 crore target, revealing significant compliance issues despite intensified enforcement efforts by authorities.
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Jindal Steel's German Deal Delayed Over Pension Issues
Jindal Steel International's proposed acquisition of Thyssenkrupp Steel faces delays due to unresolved pension liabilities, with ongoing talks seeking clarity from German authorities.
Fuel Retailers Protest OMCs' Advance Payment System in Maharashtra
Fuel retailers in Chhatrapati Sambhajinagar express discontent over oil marketing companies' strict advance payment system, causing delays and exacerbating panic buying amid financial year-end rush.
Industry Seeks Govt Relief Amid Middle East Supply Chain Crisis
Indian industries, facing severe supply chain disruptions due to the Middle East conflict, have proposed multiple measures to the government, including freight support, loan relief, and alternative sourcing strategies.
Kochi Factory Fire Kills Worker, Exposes Safety Lapses
A massive fire at Cee Jee Lubricants in Kochi's Edayar Industrial Area killed one worker and injured three. Preliminary probe reveals machinery leakage and inadequate safety equipment, raising concerns about industrial safety in the region.
Odisha Hoteliers Seek Help Over LPG Cylinder Procurement Issues
Hotel and Restaurant Association of Odisha members met Chief Secretary Anu Garg to address difficulties in obtaining commercial LPG cylinders, citing unnecessary bureaucratic permissions.
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Haryana Fuel Crisis: Nayara Price Hike Triggers Pump Protests
Petrol pumps in Hisar, Fatehabad, and Sirsa halted sales after Nayara Energy raised fuel prices, causing panic buying and long queues. Authorities deny shortages, but allegations of hoarding emerge amid consumer anxiety over supply disruptions.
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