Govt Assures LPG Supply Amid West Asia War, Warns Against Panic

The Indian government held inter-ministerial briefings to address LPG supply concerns amid the Israel-Iran conflict. Officials reported a 30% increase in domestic LPG production and urged consumers to book cylinders online, while denying any distributor s

IAMAI Seeks Clarity on Gig Worker Fund in Karnataka

The Internet and Mobile Association of India has requested the Karnataka government to clarify the gig worker welfare fund and temporarily suspend the 1-5% fee on aggregator payouts until details are finalized.

Rupee Hits Record Low of 92.45 Against US Dollar

The Indian rupee depreciated by 20 paise to close at a historic low of 92.45 against the US dollar, driven by a stronger greenback, foreign fund outflows, and domestic equity market selling.

Gold Futures Fall Rs 992 as Dollar Strengthens Globally

Gold prices declined by Rs 992 to Rs 1.59 lakh per 10 grams in futures trade, driven by a weaker international trend and a firmer US dollar. Analysts cite geopolitical risks and macroeconomic factors influencing the market.

Akasa Air's First MRO Facility at Noida Airport

Akasa Air announces plans to build its inaugural MRO facility at Noida International Airport, featuring advanced maintenance services to boost operational efficiency and safety standards.

Hero Electric Ordered into Liquidation by NCLT

The National Company Law Tribunal has ordered the liquidation of Hero Electric Vehicles after creditors failed to approve a resolution plan within the mandated timeline under the Insolvency and Bankruptcy Code.

Chennai Hotels Hit by LPG Crunch, Fear Occupancy Drop

Chennai's hospitality industry is grappling with a severe LPG shortage, forcing hotel closures and threatening holiday season occupancy rates. Hotels and caterers explore alternatives like biogas and firewood amid rising costs.

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