India Backs WTO Reform, Stresses Development and Consensus

India supports reforming the World Trade Organisation but emphasizes retaining a focus on poor nations and consensus-based decisions. Commerce Minister Piyush Goyal calls for operational special treatment and reviving dispute mechanisms.

Kochi Factory Fire Kills Worker, Exposes Safety Lapses

A massive fire at Cee Jee Lubricants in Kochi's Edayar Industrial Area killed one worker and injured three. Preliminary probe reveals machinery leakage and inadequate safety equipment, raising concerns about industrial safety in the region.

Haryana Fuel Crisis: Nayara Price Hike Triggers Pump Protests

Petrol pumps in Hisar, Fatehabad, and Sirsa halted sales after Nayara Energy raised fuel prices, causing panic buying and long queues. Authorities deny shortages, but allegations of hoarding emerge amid consumer anxiety over supply disruptions.

CBI Raids Reliance Telecom in Rs 115 Crore SBI Fraud Case

The Central Bureau of Investigation conducted searches at Reliance Telecom's Mumbai office and residences of former directors in a Rs 114.98 crore fraud case involving State Bank of India, part of broader probes into Reliance Group irregularities.

Health Insurance Sector Grows 9% in FY24-25

India's health insurance sector achieved a robust 9% growth in FY 2024-25, with premiums exceeding Rs 1.2 lakh crore, driven by increased awareness and regulatory improvements for faster claims processing.

VC Firms Shift Focus to Energy Tech Startups

Venture capital firms are increasingly investing in energy technology startups, driven by sustainability goals and high growth potential in sectors like renewables and storage.

Russian Crude Tanker, LPG Ships to Arrive at Vizag Port

Four vessels, including a Russian crude oil tanker and three LPG carriers, are scheduled to arrive at Visakhapatnam port over the next week. The shipments will supply crude oil and LPG to major Indian oil companies and meet Andhra Pradesh's LPG needs.

DGGI Busts Rs 217 Crore Fake GST Credit Syndicate

The GST Intelligence Directorate has uncovered a massive organized syndicate involving 72 shell entities and fraudulent input tax credit claims worth Rs 217 crore across Andhra Pradesh and Telangana.

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