Maharashtra Cabinet Approves $2 Billion Road Project
The Maharashtra cabinet approved a $2 billion road improvement project funded by AIIB and NDB, aiming to upgrade 1,500 km of roads in two phases to boost economic growth.
Category : Business
Fuel Credit Cards: Features, Rewards & Usage Tips
Fuel credit cards help you save on petrol and diesel costs through rewards and cashback. Learn how they work, benefits, and tips to maximize savings.
US Job Openings Surge to 7.6 Million in April
US job openings rose to 7.6 million in April, a gain of 731,000, while hiring and total separations eased, signaling strong labor demand but slower worker movement.
Gujarat govt hikes drivers' laundry allowance after 26 years
After 26 years, Gujarat government increases laundry allowance for state drivers from Rs 50 to Rs 200 per month, also changes uniform colors. Employee unions say move has little impact due to outsourcing.
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CM Yogi Inaugurates Second Flatted Factory in Gorakhpur
Uttar Pradesh Chief Minister Yogi Adityanath will inaugurate the state's second flatted factory complex in Gorakhpur on Wednesday, built at Rs 42.5 crore to boost MSME growth and create 1,000 jobs.
HC Issues Notices on Minimum Wage Hike Petition
Karnataka High Court issued notices to state and central governments on a petition challenging the May 22 notification increasing minimum wages, next hearing on June 9.
Telangana Pays Record Rs 1.24 Crore/Acre for Expressway Land
Telangana government paid a record Rs 1.24 crore per acre compensation to farmers in Kongara villages for greenfield expressway land acquisition, amid rising land prices in the Core Urban Region.
DAP Shortage Looms in Maharashtra, Farmers Face Steep Costs
With a likely DAP shortage ahead of kharif sowing, Maharashtra farmers are forced to switch to costlier alternatives, leading to reduced fertiliser use and concerns over crop yield.
Axis Bank Loan Fraud Accused Also Cheated HDFC Bank
A ₹5.28 crore Axis Bank loan fraud investigation reveals accused Neelam Pawan Kumar also cheated HDFC Bank similarly. He admitted to both frauds during custody.
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Haryana Tops State GST Growth in May 2026 with 22% Rise
Haryana recorded 22% state GST growth in May 2026, outperforming national average of 6%. Collections rose to Rs 4,456 crore. Cumulative growth in April-May at 40% also leads.
RBI Announces Rs 50,000 Crore VRR Auction for Liquidity
The RBI announced a Rs 50,000 crore two-day VRR auction on June 3 to manage short-term liquidity ahead of the monetary policy review, with system surplus moderating to Rs 85,411 crore.
Bolt CEO Defends HR Elimination and Layoffs
Bolt CEO Ryan Breslow defends eliminating HR and laying off 30% of staff, citing entitlement and need for wartime efficiency to revive the fintech firm after valuation plummeted from $11B to $300M.
Odisha Farmer's Rs 3 Lakh Mangoes: A Bittersweet Harvest
Deba Padhiami from Odisha successfully grew the rare Japanese Miyazaki mango, worth up to Rs 3 lakh per kg. However, he faces sleepless nights guarding his crop without a buyer.
Delhi CNG Cheaper by Rs 8-10/kg: UP Cabs Flock to Capital
Cab drivers from Noida, Greater Noida and Ghaziabad increasingly cross into Delhi to fill CNG, saving Rs 8-10 per kg. The widening price gap is reshaping their daily routes and earnings.
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Agilitas Secures Rs 225 Crore in Funding from Nexus and Rainmatter
Sportswear platform Agilitas raises Rs 225 crore from Nexus Venture Partners and Rainmatter to expand manufacturing, retail, and brand portfolio, targeting $1 billion revenue.
Delhi to Hold Eighth Economic Census After Population Census
Delhi government will conduct the eighth economic census next year, after the national population census. The census will enumerate all business establishments, including informal sector, to collect data on economic activities, ownership, and employment.
IndiGo to Suspend Manchester Flights from August 3
IndiGo has announced suspension of its Manchester flights from August 3, citing escalating operational costs and airspace restrictions. The airline will offer refunds or rebooking options to affected passengers.
Maharashtra to Allow App-Based Cooperative Taxi Aggregators
Maharashtra will soon permit app-based cooperative taxi aggregators, CM Devendra Fadnavis announced. The initiative aims to provide economic stability and social security to lakhs of drivers, with a zero-commission, surge-free model.
Raj Kundra Gets Court Nod for Overseas Business Travel
A special court granted permission to businessman Raj Kundra to travel to multiple countries for business, rejecting ED's objections that he might abscond. The judge cited fundamental right to travel.
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Thar Dry Port in Jaipur to Boost Exports, Cut Costs
The Thar Dry Port in Jaipur, operationalized with Rs 300 crore investment, reduces logistics costs and boosts export competitiveness for Rajasthan industries.
PM Modi's Gulf Move Pays Off; India-Oman CEPA Gamechanger
India's trade pact with Oman is proving to be more than a free trade agreement. Amid tensions threatening the Strait of Hormuz, the CEPA offers zero-duty access, alternative ports, and strategic resilience.
Iran Inflation Hits 77.2%, Highest Since WWII
Iran's annual inflation surged to 77.2% in May, the highest since WWII. War, US sanctions, and structural issues deepen the economic crisis, with prices of essentials rising 113.8%.
Assam Launches Rs 411 Crore Mission Muga Silk Project
The DoNER ministry and Assam govt launched Mission Muga Silk 'Senehjori' worth ₹411 crore to empower 2.6 lakh weavers and rearers, boosting Assam's golden silk industry globally.
Petrol, Diesel Price Surge May Lift CPI Inflation by 48 Bps
RBI likely to monitor spillover risks as fuel price hikes may increase CPI inflation by up to 48 bps, says Crisil report, with broader economic implications.
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CMA Rahul Chincholkar elected chairman of ICMAI Pune Chapter
CMA Rahul Chincholkar has been elected as chairman of ICMAI Pune Chapter for 2026-27. The new team includes vice-chairman, secretary, and treasurer, focusing on professional development and AI.
Oyo Parent Prism Gets SEBI Nod for IPO
Prism, Oyo's parent, secures SEBI approval for its third IPO attempt, targeting up to Rs 6,650 crore and a $7-8 billion valuation amid market volatility.
India Replaces WPI with Producer Price Index for Better Gauge
India is replacing the Wholesale Price Index with a Producer Price Index to better capture price changes across the economy. The new index will align with global standards and improve policy decisions.
STF Arrests Two Delhi Graduates in GST Fraud Case
Uttar Pradesh STF arrested two Delhi-based B.Com graduates for creating bogus firms to claim fraudulent Input Tax Credit, causing revenue losses of crores.
Indian Stock Market Slips to 7th Largest Globally
India's stock market fell to seventh largest globally, overtaken by Taiwan and South Korea due to AI-led rallies. Foreign capital exodus and global conflicts contributed to the decline.
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Infosys Partners with DNB Bank for Financial Crime Modernization
Infosys expands partnership with DNB Bank to implement the NICE Actimize X-Sight platform, enhancing financial crime operations with advanced analytics and automation.
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