Belagavi Deposit Scam May Exceed Rs 7,000 Crore
The Shivam Associates deposit scam in Belagavi may exceed Rs 7,000 crore, with over 35,000 investors affected. Investigators probe cash transactions and unaccounted funds.
Category : Business
Diesel Shortage Disrupts Farming in Haveri District
Farmers in Haveri face diesel shortage since May 21, struggling to fuel tractors during monsoon. Long queues at pumps, limited supply, and allegations against station owners worsen agricultural crisis.
Mahayuti govt yet to decide on VAT cut amid fuel price hikes
Despite central urging, Maharashtra's Mahayuti govt is undecided on reducing VAT on fuel due to rising debt and fiscal strain, while opposition slams price hikes.
Cyient Semiconductor Valued at $500M in Edelweiss Deal
Cyient Semiconductor secures $30M from Edelweiss at $500M valuation to boost power semiconductor R&D, validation infrastructure, and working capital amid AI-driven demand.
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ONGC Appoints BP to Boost Offshore Oil and Gas Production
ONGC appoints BP as technical services provider to enhance production from western offshore fields, aiming to increase crude oil output by 10.8% and natural gas by 31.5% over 10 years.
India Mulls Standard Pack Sizes for Edible Oils
The Indian government is exploring standard pack sizes for edible oils to prevent consumer confusion and ensure fair trade practices across the industry.
TVS SCS Reports Rs 117 Crore Net Profit in FY26
TVS Supply Chain Solutions reported a consolidated net profit of Rs 117 crore in FY26, reversing a loss of Rs 9.6 crore in FY25, driven by strong India business growth and cost efficiency.
India Can Save Over Rs 10 Lakh Crore by Improving AC Efficiency
A UC Berkeley study reveals that improving air conditioner efficiency in India could save over Rs 10 lakh crore, as ACs become the largest driver of peak electricity demand.
Kent and Sussex Water Outages Affect Hundreds Over Bank Holiday
Hundreds of homes in Kent and Sussex experienced water supply outages due to a technical failure and high demand during hot weather, with South East Water apologizing and opening bottled water stations.
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TCS and Lupin: Blueprint for India's Self-Reliance
Amid trade wars and conflicts, the stories of TCS and Lupin, founded in 1968, showcase India's self-reliance through dynamism in pharma and IT.
SpaceX's $2 Trillion Valuation Frenzy Explained
SpaceX's valuation has soared to $2 trillion, driven by Starlink's success and Starship's potential. Investors are betting big on the company's future in space exploration.
Cyient Semiconductor Valued at $500M After Edelweiss Deal
Cyient Semiconductor secures $30M financing from Edelweiss, valuing the chip firm at $500M post-money. Funds to boost power semiconductor R&D, validation infrastructure, and working capital.
Chandigarh Mayor Vows Job Security for 900 Sanitation Workers
Chandigarh Mayor assures protection of jobs for nearly 900 sanitation workers after terminating the extension of Lion Company's contract, ensuring continued employment and services.
Bill Gates' $130M Mansion: Rare Books, Underwater Music
Explore Bill Gates' Xanadu 2.0, a futuristic $130 million lakeside estate with advanced smart tech, a private library, underwater music, and luxury amenities.
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ITAT: Spouse's Name in Deed Not Ground for Full Tax
Income Tax Appellate Tribunal rules that adding a spouse's name to property for convenience doesn't automatically make them liable for tax on sale proceeds; actual ownership and funding must be examined.
Mumbai Power Demand Hits 4,500 MW Amid Summer Heat
Mumbai's peak power demand reached 4,500 MW on Monday as rising temperatures and humidity drove heavier use of fans and ACs. Statewide demand crossed 31,000 MW.
Telangana secures Rs 13,600 crore refinancing for Hyderabad Metro
Telangana government secured Rs 13,600 crore refinancing from IRFC for Hyderabad Metro Rail, reducing debt burden and aiding expansion. The loan is over 20 years.
India Creator Economy Grows 919% from 2020 to 2026
India's creator economy expanded by 919% from 2020 to 2026, driven by digital adoption and social media, according to a new survey.
Home Loan Affordability 2026: What Your Salary Can Buy
In 2026, home loan rates are at 7.1% but property prices are rising. Understand the real cost of buying a home with expert insights on EMIs, salaries, and market trends.
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Input Cost Surge Squeezes Gujarat Manufacturers Across Sectors
Gujarat's manufacturers face rising raw material costs, weak demand, and supply disruptions, squeezing margins across textiles, chemicals, pharma, real estate, and packaging.
Tamil Nadu Key for India Sports Goods Hub
Tamil Nadu is emerging as a top contender for India's sports goods manufacturing hub, leveraging its industrial ecosystem, MSME network, and port connectivity to tap into a trillion-dollar global market.
TN CM Vijay Announces Crop Loan Waiver for Farmers
Tamil Nadu CM Vijay announces a cooperative bank crop loan waiver for farmers, providing relief to thousands. The scheme covers loans up to Rs 1 lakh and aims to boost agriculture.
US-Iran Conflict Hits India Economy: Sitharaman Flags 3Fs
FM Nirmala Sitharaman warns US-Iran conflict pressures India's fuel prices, fertiliser subsidies, and forex reserves. West Bengal opens first holding centre for illegal Bangladeshi nationals. Congress to decide Karnataka leadership soon.
TVS Motor Ranked No. 1 Globally for Shareholder Value
TVS Motor Company has been ranked first globally in the durable consumer goods sector for shareholder value creation by Wirtschaftswoche and BCG.
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Galgotias Univ Startup Cybergenix Gets INR 3 Crore Funding
Cybergenix Security Pvt Ltd, a startup founded by Galgotias University students, has raised INR 3 crore in funding to enhance its cybersecurity solutions and expand operations.
My Interior Designers Enters India's Interior Discovery Space
My Interior Designers enters India's interior discovery market with a structured, trust-focused approach, aiming to connect homeowners with verified professionals.
Relation Realtech Sees 3x Surge in Site Visits After Partnership
Relation Realtech reported a 3x increase in site visits after partnering with Dr Vivek Bindra's Bada Business Private Limited, boosting buyer interest.
Gold Rebounds on Cooling Inflation, US-Iran Hopes
Gold prices rebounded as US-Iran peace deal hopes cooled and inflation fears eased, with spot gold rising 0.6% to $2,022.89 an ounce.
Predators Eye Chris MacFarland as GM, Avs Uncertainty Grows
Rumors suggest Nashville Predators may target Colorado Avalanche GM Chris MacFarland for a top executive role, sparking uncertainty in Denver and signaling a potential rebuild in Nashville.
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6 Beach Towns in India Emerging as Luxury Real Estate Hotspots
India's luxury real estate is shifting from cities to coastal towns. Discover six beach destinations from Alibaug to Diu witnessing a surge in premium villas and residences.
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