INTUC Chief Calls for JCT Mill Revival in Jalandhar
INTUC President G. Sanjeeva Reddy demands immediate steps from central and state governments to restart the JCT Mill in Jalandhar, highlighting its economic and employment significance.
Category : Business
Kochi Real Estate Shifts to Outskirts with Highway Growth
Massive national highway construction in Kochi is redirecting real estate demand from the city center to suburbs like Maradu and Kundanoor, with land prices surging 25-30% near projects. Mid-range properties under Rs 1 crore are attracting families and lo
Insurance GST Cut Benefits Not Reaching Policyholders
A nationwide survey finds 36% of health and life insurance policyholders did not receive benefits from GST reduction, with insurers raising base prices instead.
Chemical Factory Fire Causes Explosions, Evacuations in Ambernath
A massive fire at Ganesh Chemical Company in Ambernath's Anandnagar MIDC area triggered loud explosions, forcing evacuations of workers and nearby residents. Firefighters from multiple cities battled the blaze for hours.
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Iran War Ripple Effect Sparks LPG Crisis for Restaurants, Industries
Commercial LPG supply halts across India as government prioritizes domestic users amid Iran war disruptions, forcing restaurants and industries to face shutdowns and black market risks.
Surat Court Orders Insurer to Pay Rs 2.02 Lakh for Student's Claim
Surat Consumer Commission criticizes New India Assurance for rejecting a student's medical claim, ordering payment of Rs 2.02 lakh plus compensation for appearing in exams during hospitalization.
Chennai Egmore Railway E-Auction for Multi-Level Parking
Southern Railway announces an e-auction to operate a new multi-level parking facility at Egmore station's multi-functional complex, enhancing passenger amenities and infrastructure.
Court Orders Insurance to Pay Student Who Took Exams in Hospital
Surat Consumer Commission orders New India Assurance to pay Rs 2.02 lakh claim to family of Class 10 student who appeared for board exams while hospitalized with perforated appendicitis, rejecting insurer's argument that taking exams meant no hospitalizat
No Fuel Price Hike Until Crude Oil Hits $128: Centre
The Indian government has committed to maintaining stable fuel prices, assuring no increase until global crude oil reaches $128 per barrel, amid ongoing West Asia conflicts.
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Polymer Price Surge Threatens Indian Plastics Industry
A sudden 50% spike in polymer prices, driven by Middle East conflict disrupting Strait of Hormuz shipping, has pushed India's plastics manufacturing sector toward a liquidity crisis, with MSMEs at risk of collapse.
Oil Hits $120, India Says Fuel Prices Stable Amid Global Crisis
Global oil prices surged to $120 a barrel due to Saudi output cuts and Hormuz disruptions, but India's government confirms no immediate fuel price hikes despite Brent's 65% rise since February.
Oil Soars, Stocks & Rupee Fall as West Asia Conflict Escalates
Global oil prices have surged sharply, while Indian stocks and the rupee have fallen significantly due to escalating conflicts in West Asia, impacting financial markets and economic stability.
Mumbai LPG Shortage Hits Restaurants, Domestic Delays Reported
Mumbai and MMR experience LPG cooking gas shortages with 2-3 day delays for domestic refills. Commercial cylinder supply halted, sparking crisis for hotels and restaurants. Government denies domestic shortage but confirms commercial restrictions.
US-Iran War Puts Paramount's Warner Bros Takeover at Risk
Paramount Skydance's $111 billion acquisition of Warner Bros Discovery faces uncertainty as Middle Eastern funding sources may withdraw due to the US-Iran war, with Tencent stepping in as a new investor.
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SoftBank's OpenAI Bet Triggers Stock Plunge, Credit Worries
SoftBank CEO Masayoshi Son's massive $22.5 billion investment in OpenAI has led to a 12.5% stock drop and credit rating downgrade, as aggressive divestments fail to offset market fears over AI risks.
Rs 116 Crore IDFC Fraud Hits Chandigarh MC After Haryana
A major financial fraud involving Rs 116 crore has surfaced in the Chandigarh Municipal Corporation, following similar scams in Haryana. Authorities are investigating the alleged misappropriation linked to the Infrastructure Development Finance Company.
Dry Spell Threatens Kangra Valley's Tea and Fruit Crops
An extended dry spell in Himachal Pradesh's Kangra Valley is posing a significant threat to tea and fruit crops, raising concerns among farmers about potential yield losses and economic impact.
Direct Selling Industry Hits Rs 30,000 Crore, Boosts Women Empowerment
India's direct selling sector has grown tenfold from Rs 3,000 crore in 2015 to over Rs 30,000 crore in 2025-26, with women comprising over 60% of sellers in key states like Haryana, ministers announced at Gurgaon summit.
Jagannathan's Impact: Business Success to Assistive Tech Boom
T T Jagannathan transformed TTK Group by making Prestige a household name with pressure cookers, then fueled an assistive technology revolution beyond business.
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Goa MSMEs: 89% Functional, New Investment Scheme Planned
A Goa industries department survey reveals 89% of MSMEs are operational, with new investment incentives and an umbrella scheme under consideration to boost growth.
Ahmedabad Industries Struggle as War Disrupts Gas Supply
Industrial units in Ahmedabad's chemical and textile clusters face sharp input cost rises after gas companies cut supplies due to the Israel-Iran war, leading to lower production and price hikes.
IndiGo Flight Returns to Delhi After 13-Hour Airspace Issue
A call sign confusion involving a wet-leased Norse Atlantic Boeing 787 led to IndiGo's Delhi-Manchester flight turning back over Africa, landing in Delhi after 13 hours due to airspace restrictions.
Delhi Gulf Visa Queues Unmoved by West Asia Conflict
Despite escalating tensions in West Asia, visa application centers for Gulf countries in Delhi remain crowded. Indian workers cite economic compulsion, with remittances crucial for families, outweighing perceived distant risks of conflict.
IDFC First Scam: Banking Oversight Failures Exposed
The IDFC First Bank fraud highlights recurring financial scams, signaling critical failures in oversight. Stronger banking processes and deterrence measures are urgently needed to restore public trust and prevent future incidents.
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Nationwide Trade Union Strike Set for March 23 in India
A nationwide trade union strike is planned for March 23 across India, organized by major unions to protest government policies on labor, privatization, and inflation, potentially impacting various sectors.
Berhampur Railway Committee Demands Infrastructure Upgrades
The South Odisha Railway Infrastructure Development Committee protested at the Khurda Road divisional office, demanding better facilities at Berhampur station and new railway lines to boost regional connectivity.
Mumbai 15-Coach Train Expansion Delayed, Only 5 Stations Ready
The ambitious plan to expand 15-coach suburban train services on Mumbai's Central Railway is progressing slowly, with platform extension work completed at only five of 34 stations. This delay impacts efforts to ease peak-hour crowding on the busy network.
ECoR Cancels Trains for Puri Station Upgrade Project
East Coast Railway cancels three train pairs between March 14 and May 16 to facilitate ballastless track construction and platform development at Puri railway station.
Nashik Industries Seek Rs 1,000 Cr for MIDC Road Upgrade from CM
Nashik Industries & Manufacturers' Association met CM Devendra Fadnavis, demanding state funds for concrete road upgrades in Ambad and Satpur MIDC estates ahead of Kumbh Mela.
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Karnataka Suspends Online Mysore Silk Sari Sales
Karnataka government suspends online sales of GI-tagged Mysore silk saris due to supply shortages. KSIC to prioritize in-store buyers as production ramps up with new looms.
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