Tamil Nadu Tops India's Textile Exports with $8 Billion
Tamil Nadu emerges as India's textile export leader, shipping $7,997.17 million in 2024-25, accounting for 21.84% of national total. Gujarat and Maharashtra follow in rankings.
Category : Business
Centre Backs Bengaluru 2nd Airport, Feasibility Study Launched
The Karnataka government has initiated a detailed feasibility study for Bengaluru's second airport, with the Centre assuring full support. Bids are open for consultancy firms to assess financial viability and passenger load.
GMDA Revives Sports Complex Plan for Delhi-Gurgaon Expressway
GMDA has revived its plan to build a multi-sports complex along the Delhi-Gurgaon Expressway green belt, featuring futsal, basketball, skating, volleyball, and padel tennis facilities on a 7.5-acre site at an estimated cost of Rs 5 crore.
Bengaluru Man Leaves Wife with Rs 93 Lakh Debt from Trading
A Bengaluru man addicted to stock trading allegedly used his wife's identity to secure loans worth Rs 93 lakh without her knowledge, police report. He took control of her phone and downloaded loan apps in her name.
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Trichy Tyre Godown Fire: Six-Hour Battle by Firefighters
A massive fire erupted at an old tyre retreading company's godown near Palpannai in Trichy early Wednesday, destroying goods worth lakhs. Firefighters battled the blaze for six hours with multiple tenders before extinguishing it.
West Asia Conflict Drives Energy Costs, Hits Corporate Margins
Corporate India faces margin pressure in Q4 earnings as the West Asia conflict spikes energy prices, raising input costs for sectors like aviation, fertilizers, and chemicals. Experts warn of broader inflation and interest rate impacts.
Nagpur Cooler Exports Hit Hard by West Asia Conflict
The ongoing West Asia conflict is severely impacting Nagpur's cooler manufacturers, with exports worth crores to Gulf countries like Iraq, Kuwait, and Sudan coming to a standstill, leading to significant losses this season.
SC: Banks Must Follow Customer Instructions, Canara Bank Liable
The Supreme Court of India has ruled that banks must strictly adhere to customer instructions, holding Canara Bank liable for wrongfully transferring funds to a third party in a landmark judgment.
Bengaluru Festive Sales Hit by War, Weak Footfall
Festive sales in Bengaluru face a downturn due to the Israel-Hamas war and reduced footfall, impacting retail and hospitality sectors during key shopping seasons.
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Direct Tax Collection Up 7.1% to Rs 22.8 Lakh Crore
India's net direct tax collection increased by 7.1% to approximately Rs 22.8 lakh crore till March 17 this fiscal, driven by slower refunds and higher corporate tax mop-up, with corporate taxes growing 13% and non-corporate taxes up 3%.
India's Credit Boom: Low Costs Drive Retail Lending Surge
India's retail credit growth is powered by a sharp fall in credit report costs, enabled by digital scale and fintech platforms offering free scores, transforming lending economics.
Rupee Hits Record Low 92.63 per Dollar on Conflict, Oil Pressures
The Indian rupee closed at a historic low of 92.63 per US dollar, driven by the West Asia conflict, soaring oil prices, and significant foreign portfolio outflows. Experts warn of potential further depreciation beyond 93.
Manipal Hospitals Files for Record Rs 11,000 Crore IPO
Manipal Hospitals is set to file its DRHP this week for an IPO expected to raise Rs 10,500-11,000 crore, the largest in India's healthcare sector, with proceeds to retire debt and fund expansion.
Bengaluru Property Tax Dues Hit Rs 530 Crore
Bengaluru's municipal corporations report Rs 530 crore in unpaid property taxes across 1,013 sites as the financial year ends, with officials intensifying monitoring efforts.
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IDBI Bank Privatization Fails Again, Hurting Disinvestment Plans
After a decade and two attempts, the Indian government has failed to privatize IDBI Bank, causing bidder fatigue and casting shadows over future disinvestment initiatives and strategic sales.
Sensex Gains 633 Points, Up 2,100 Points in Three Sessions
The Sensex rose 633 points to close at 76,704, marking a third consecutive gain. Despite geopolitical tensions in West Asia, the index has added over 2,100 points this week, though foreign funds remain net sellers.
Travel Insurance Reassessed Amid West Asia Conflict Risks
The Israel-Iran conflict is prompting insurers and travelers to reassess travel insurance coverage for geopolitical risks, with claims rising for disruptions and exclusions for war-related losses becoming a key concern.
Nagpur PNG Network 8 Years Away Despite Gas Pipeline
Nagpur residents seeking PNG amid LPG crisis face an eight-year wait for city-wide coverage. Haryana City Gas cites network expansion challenges despite Mumbai-Nagpur pipeline commissioning.
Amritsar Traders Hit by Regional Conflicts, Trade Routes Disrupted
Amritsar's traders face severe losses as US-Israel-Iran tensions and Pakistan-Afghanistan conflicts disrupt exports to Iran and imports from Afghanistan, causing price volatility in vegetables and dry fruits.
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Nagpur Mahalakshmi Saras Exhibition Hits Rs5 Crore Sales in Week
The state-level Mahalakshmi Saras 2026 exhibition in Nagpur's Reshimbagh has recorded over Rs5 crore in sales within its first week, with food stalls driving strong visitor response to women SHG products.
Karnal Rice Mill Defaults: Rs 520 Crore Dues Evade Recovery
A probe in Karnal reveals rice mills defaulting on Rs 520 crore in government deliveries for over a decade, continuing operations due to authorities' failure to auction properties and enforcement lapses.
Govt Okays Rs 33,660 Crore BHAVYA Scheme for 100 Industrial Parks
The Indian government has approved the Bharat Audyogik Vikas Yojna (BHAVYA) with Rs 33,660 crore to develop 100 plug-and-play industrial parks, aiming to generate 15 lakh jobs and boost manufacturing infrastructure nationwide.
Kerala Hotels Shut Down Over LPG Shortage, Demand Essential Status
The Kerala Hotel and Restaurant Association announces a statewide shutdown on March 23 due to severe commercial LPG cylinder shortages, with protests planned and demands for essential service classification.
Mumbai Goregaon Flyover Cost Triples, Civic Probe Ordered
The Mrunaltai Gore Flyover extension in Goregaon faces scrutiny as costs nearly triple to Rs 247.97 crore over seven years. The civic standing committee has deferred approval and ordered a joint site inspection amid allegations of planning lapses and cont
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Berlin Opens Third International Office in Bengaluru
Berlin has inaugurated its third international office in Bengaluru, India, focusing on innovation, technology, and economic collaboration to strengthen Indo-German relations.
PAU Honors Six Farmers for Agricultural Innovations in Punjab
Punjab Agricultural University selects six farmers for awards recognizing excellence in crop diversification, organic farming, and mechanization, highlighting their pioneering contributions to modern agriculture.
Bengaluru LPG Shortage: Hotels Asked to Shift to Electricity
Amid a severe commercial LPG shortage in Bengaluru, Minister KH Muniyappa has urged hotels to temporarily switch to electricity, promising improved supply within a week. Industry bodies report widespread impact affecting 40,000 hotel owners and 600,000 em
Varanasi Railway Colonies to Receive PNG via GAIL Deal
East Central Railway's Pt Deen Dayal Upadhyaya Division signs pact with GAIL Gas Ltd to supply PNG to 4000 residences, running rooms, and vendors, enhancing safety and eco-friendliness.
Bengal Oil Firms Seek LPG Data, Eye CNG Amid Supply Fears
Oil marketing companies in West Bengal have requested LPG distributors to submit detailed data on commercial customers and consumption patterns. This move aims to address potential supply disruptions by exploring CNG and PNG alternatives for non-priority
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India's Economic Ascent to Upper Middle-Income Status
India faces the challenge of sustaining high economic growth to break free from the low-income trap and achieve upper middle-income status, amidst global and domestic headwinds.
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