India Realty Attracts $6.7B Private Equity in 2025
India's real estate sector has drawn $6.7 billion in private equity funding in 2025, driven by strong market fundamentals, sustained domestic demand, and the nation's economic stability.
Category : Business
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.
IDFC First Bank Scam: Police Seek Warrants for 8 Accused
Chandigarh police have requested production warrants for eight accused in the IDFC First Bank scam involving over Rs 600 crore. The accused, arrested by Haryana Police, will be brought to Chandigarh for questioning.
India GDP Growth Forecast: 7.6% FY26, 6.1% FY27 by OECD
The OECD forecasts India's GDP growth at 7.6% for FY26 and 6.1% for FY27, highlighting global economic risks from West Asia conflicts and inflation pressures.
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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.
Himachal Pharma Crisis: War Impact Threatens Medicine Supply
The Israel-Iran conflict has triggered a 200-300% surge in raw material costs for Himachal Pradesh's pharmaceutical industry, forcing production cuts and raising fears of medicine shortages nationwide.
LPG Shortage Cripples Goa's Sweet Shops, Menus Trimmed
A severe shortage of commercial LPG cylinders across Goa is forcing traditional sweet shops to reduce production, trim menus, and explore costly alternatives, threatening the state's iconic mithai culture.
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.
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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.
Nirav Modi Accuses Banks, CBI, ED of Destroying His Business in Trial
Nirav Modi appeared defiant in his Bank of India trial, claiming banks, CBI, and ED destroyed his 20-year business. He denies fraud and owes BOI $10.7 million via personal guarantee.
Goa Caterers Hit by LPG Shortage as Wedding Season Approaches
A severe shortage of commercial LPG cylinders in Goa is disrupting the catering industry during the peak festive and wedding season, forcing menu changes and price renegotiations.
Musk Seeks Review, Claims Jury Mocked Him in Twitter Fraud Verdict
Elon Musk has formally requested a judge to review a jury verdict that found him guilty of defrauding Twitter investors during the acquisition, alleging the jury engaged in mocking behavior.
Koraput Farmers Demand Paddy Registration Extension in Rabi Season
Farmers in Koraput district demand extension of paddy registration for Rabi Marketing Season, citing delays in form availability and incomplete enrollment of over 1,500 cultivators.
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Haveri Hotels Use Wood Stoves as LPG Supply Disrupted
Hotels and food units in Haveri district revert to wood-fired cooking due to LPG shortage linked to Middle East conflict. Forest department monitors illegal tree cutting as firewood demand rises.
SWR Completes Almatti-Wandal Double Line, Boosts Rail Capacity
South Western Railway has commissioned the 9.60 km Almatti-Wandal double line, a crucial link in the Gadag-Hotgi Doubling Project. This milestone enhances rail capacity, reduces delays, and improves connectivity for passenger and freight trains in the reg
CAMPCO's New Vittal Branch to Ease Farmer Congestion
CAMPCO Ltd will lay the foundation stone for a new Vittal branch near Sri Panchalingeshwara Temple to address operational hurdles from congestion and narrow roads, improving access for farmers handling arecanut, cocoa, and pepper.
Berhampur Eateries Use Paddy Husk as Fuel Amid LPG Shortage
Restaurants in Berhampur are innovating with specialized paddy husk chullahs costing Rs 1 lakh each as an alternative fuel source during LPG supply disruptions, leveraging state policy allowing agricultural residue.
Tomato Price Crash in Karnataka: Farmers Face Losses
A sharp fall in tomato prices in Vijayanagara district has left farmers and traders in distress. A 20kg crate now sells for as low as Rs 80-100, down from Rs 1,000-1,200 last week, due to a supply glut and weak demand.
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AMIPS Buys LTTS SWC Unit for Rs 452 Cr in AI Push
AMI Paradigm Solutions acquires L&T Technology's Smart World business for Rs 452 crore in a slump sale. The deal aims to expand sovereign AI offerings for governments and critical infrastructure globally.
Commercial LPG Crisis Shuts Restaurants in Odisha, Workers Jobless
A severe commercial LPG shortage in Odisha has forced restaurants and tiffin stalls to close, leaving workers unemployed. Owners cite unaffordable prices and lack of alternatives as key issues.
Special Patna-Gaya Train Launched to Manage Passenger Rush
East Central Railway introduces a 22-coach special passenger train on the busy Patna-Gaya route to handle increased traffic, operating daily with immediate effect until April 6 to ensure smoother travel.
Apollo Ocean LPG Vessel Docks in Karnataka with 16,000 Tonnes
The LPG vessel Apollo Ocean has docked at New Mangalore Port carrying 16,000 metric tonnes of fuel, easing regional supply concerns amid global energy route disruptions. This marks the 40,000th vessel to berth at the port.
Mangaluru Plans 22-Km Coastal Road to Enhance Tourism and Prevent Erosion
Mangaluru City Corporation announces a detailed project report for a 22-km coastal road with protective walls to boost tourism and prevent sea erosion, part of a larger coastal connectivity initiative.
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Goyal Calls for Transparent WTO Reforms at Ministerial Meet
Union Minister Piyush Goyal emphasized that WTO reforms must be transparent, inclusive, and development-focused, addressing issues like agriculture and fisheries subsidies at the 14th Ministerial Conference in Cameroon.
India Urges WTO to Restore Dispute Settlement System
India has called on WTO members to revive the automatic and binding dispute resolution mechanism, highlighting its dysfunction since 2009. Commerce Minister Piyush Goyal emphasized reforms, e-commerce duty reassessment, and agriculture issues at MC14.
Rajkot Division Runs First Mega Freight Train, Cuts Costs
Western Railway's Rajkot division successfully operated its first long-haul Mega Freight Train, merging two goods trains into an 87-wagon formation. The train covered 306km, generated Rs 40 lakh revenue, and improved operational efficiency with single cre
Solar Panel Costs May Rise Due to Metal Prices and Supply
Industry experts warn of potential price hikes in solar panels due to rising silver costs and reduced export incentives from China, impacting India's renewable energy sector.
Govt Bans Unfair LPG Charges in Restaurant Bills
The Central Consumer Protection Authority has issued an advisory banning hotels and restaurants from adding LPG or gas charges to bills, declaring it an unfair trade practice under the Consumer Protection Act, 2019.
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Karnataka to Pass Apartment Act via Ordinance for Vertical Growth
The Karnataka government announces plans to promulgate an ordinance for the Karnataka Apartment Ownership and Management Act 2025, aiming to benefit lakhs of residents and shift Bengaluru's development towards vertical expansion.
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