Panic Buying Hits Ludhiana Petrol Pumps Over Supply Fears
Petrol dealers in Ludhiana report a surge in panic buying as residents rush to fill up vehicles, fearing potential fuel shortages and price hikes.
Category : Business
Ludhiana Garment Showroom Gutted in Major Fire Incident
A devastating fire broke out at a garment showroom in Ludhiana, causing significant damage to property and goods. Firefighters battled the blaze for hours to bring it under control.
GLADA Notices for Unauthorized Ludhiana Constructions
GLADA enforces zero-tolerance policy against unplanned development in Ludhiana, issuing notices for unauthorized constructions and warning of demolition or sealing.
Fire at Ahmedabad Sevai Factory Injures Two, Another Dies
A fire at a sevai-making factory near Kalupur bridge in Ahmedabad injured two persons early Friday, with flammable materials fueling the blaze. Separately, a labourer died from burns in a snack unit fire earlier this week.
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Bank to Pay Rs 7.21 Lakh for Dishonouring Cheque in Ahmedabad
Ahmedabad consumer commission holds Indian Bank liable for Rs 6.16 lakh property tax loss and Rs 1 lakh compensation due to wrongful cheque dishonour, citing deficiency in service.
Goa Budget: Mhaji Flat Scheme for Ownership Rights Announced
Goa CM Pramod Sawant announces Mhaji Flat scheme in budget to grant ownership rights to flat owners, resolve long-pending disputes with builders, and launch affordable housing initiatives.
Goa Renames Industries Directorate to MSME Directorate
Goa's government has renamed its industries directorate to include MSME in the title, signaling a strategic economic shift toward small enterprises. Chief Minister Pramod Sawant announced new schemes and funding in his final budget.
Karnataka Chamber Welcomes Budget, Seeks Full Textile Park Funding
The Kalyana Karnataka Chamber of Commerce and Industries has welcomed the state budget, praising textile and silk park proposals while expressing disappointment over the lack of a tur park in Kalaburagi.
Maharashtra Plans Mumbai 3.0 and 4.0 for Regional Growth
Maharashtra government reiterates plans for Mumbai 3.0 and 4.0 urban centers to ease pressure on Mumbai, focusing on Raigad and Palghar districts with new infrastructure and economic hubs.
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Iran Threat Halts Punjab Basmati Exports via Strait of Hormuz
Iran's threat to target ships in the Strait of Hormuz has severely disrupted basmati rice exports from Punjab, with shipments stuck and exporters fearing payment defaults and price drops.
LPG Prices Surge, Gadkari Defies Oil Lobby, US Targets Gold
Breaking news: Domestic and commercial LPG cylinder prices rise in India, while Nitin Gadkari criticizes petroleum lobby. US licenses Venezuelan gold mining, and Delhi Police book hospital vandals.
Maharashtra Budget Clears 15km Elevated Corridor for City
A 15km elevated corridor linking Chhatrapati Sambhajinagar airport to Waluj MIDC has been approved in the state budget, aiming to ease traffic on Jalna Road which handles 40% of city vehicles.
NPS Builds Wealth Before Retirement, Says PFRDA Official
PFRDA's Sumit Kumar highlights NPS as a tool for financial security amid India's aging population, targeting 25 crore enrolments in four years.
Odisha LPG Crisis: Month Wait for Cylinders Amid War
Households in Odisha face up to a month's delay for LPG cylinder delivery due to West Asia conflict disrupting shipments, causing consumer distress and vendor struggles.
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FIIs Dumped Rs 17,000 Cr IT Stocks in Feb Over AI Fears
Foreign Institutional Investors sold off Rs 17,000 crore worth of Indian IT stocks in February 2024, driven by fears of artificial intelligence disrupting traditional business models and global economic uncertainties.
ED Raids Entities Linked to Reliance Power in Money Laundering Case
The Enforcement Directorate raided multiple locations connected to Reliance Power Ltd as part of a money laundering investigation, targeting alleged financial irregularities.
Crypto, Digital Wallets Under Tax Scanner in India
Indian tax authorities are intensifying scrutiny on cryptocurrency and digital wallet transactions to ensure compliance with tax regulations and curb potential evasion.
Airbus Opens Major Tech Hub in Bengaluru, India
Airbus has launched a major technology hub in Bengaluru, focusing on aerospace innovation, digital solutions, and engineering. This move strengthens India's role in global aviation and creates high-skilled jobs.
Queue-Based Boarding at Patna Stations for Post-Holi Rush
Indian Railways enforces queue-based boarding at major Patna stations like Rajendra Nagar Terminal and Danapur to manage heavy passenger traffic after Holi. Special trains and holding areas introduced.
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Patna's New Market Redevelopment into Modern Shopping Hub
Patna Municipal Corporation plans to redevelop New Market near Patna Junction into a G+3 multilevel complex with modern amenities, addressing encroachment and traffic issues.
Kolkata LPG Panic Buying Surges, OMCs Impose Lock-In Period
Fears from the West Asia conflict have triggered panic LPG bookings in Kolkata, prompting oil marketing companies to impose a 21-day lock-in period to prevent hoarding and stabilize supply chains.
Patna LPG Shortage: 15-25 Day Wait Due to West Asia Conflict
Consumers in Patna face delays of 15-25 days for booking a second LPG cylinder after delivery, as distributors cite supply chain disruptions from the West Asia conflict, including the Israel-Iran war.
Mysuru Development Authority to Auction Plots for Rs 1,000 Crore
The Mysuru Development Authority plans to auction 150 acres of vacant plots online to generate Rs 1,000 crore for developmental projects, including new layouts and infrastructure.
Ankur Jain's Wealth Surges 217% in New York
Indian-American entrepreneur Ankur Jain's net worth skyrocketed by 217% in one year, reaching $3.4 billion, driven by his housing startup Bilt Rewards that helps renters earn loyalty points.
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Kodagu Chamber Urges Railway for Coffee Export, Tourism Growth
The Kodagu District Chamber of Commerce urges government for railway connectivity to ease coffee transport during monsoon and boost industrial growth and tourism in the district.
SBI Employee in Ludhiana Charged with Rs 37 Lakh Fraud
A veteran SBI employee in Ludhiana has been charged with siphoning over Rs 37 lakh by exploiting internal accounting loopholes, leading to suspension and police action under IPC sections.
Maharashtra CM Announces 130-Acre Startup Hub in Mumbai
Chief Minister Devendra Fadnavis has unveiled plans for a world-class 130-acre startup and innovation hub in Wadala, Mumbai, to boost Maharashtra's entrepreneurial ecosystem with modern infrastructure and support services.
Saudi Dates Surge in South India During Ramadan Amid Iranian Supply Issues
This Ramadan, Saudi dates like Sukkari and Safawi are overtaking Iranian Bam and Mazafati in South Indian markets due to rising prices and supply delays from Iran, driven by competitive pricing and growing consumer preference.
Amitabh Bachchan Buys Land in Ayodhya for Rs 35 Crore
Bollywood icon Amitabh Bachchan has acquired a 2.67-acre land parcel in Ayodhya for Rs 35 crore from House of Abhinandan Lodha, marking his fourth investment in the region.
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KCCI Welcomes Karnataka Budget, North Karnataka Development
The Karnataka Chamber of Commerce and Industry (KCCI) has praised the state budget presented by CM Siddaramaiah, noting significant allocations for North Karnataka development, including railway projects, healthcare, and industrial growth.
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