KVR Murty Named SEBI Whole-Time Member
KVR Murty has been appointed as a Whole-Time Member of SEBI, bringing extensive experience in finance and regulation to India's securities market regulator.
Category : Business
India-US Discuss Trade Cooperation at WTO Conference in Cameroon
Commerce Secretary Rajesh Agrawal met US Deputy Trade Representative Joseph Barloon at the WTO MC14 in Yaounde, Cameroon. They discussed the conference agenda and ways to deepen bilateral economic ties, with India reiterating its commitment to a mutually
Patiala Sets Up 108 Mandis, 89 Centers for Wheat Procurement
Patiala district establishes 108 mandis and 89 temporary centers for wheat procurement starting April 1, with 9.13 lakh metric tonnes expected. DC Varjit Walia reviews arrangements to ensure smooth operations and farmer support.
India Maps Supply Chains Amid West Asia Conflict Fallout
An empowered group of officials in India is actively mapping demand and supply to prevent disruptions from the West Asia conflict, focusing on food, fuel, and key industries like chemicals and pharma.
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Finance Bill Passed with Amendments on Buyback Tax, Startups
The Lok Sabha passed the Finance Bill with 32 amendments, including a 12% surcharge on promoter capital gains from share buybacks and increased tax holiday thresholds for startups.
US Iran Proposal Slashes Oil Prices, Boosts Gold
A US proposal to end the West Asia conflict and reduced hostilities led to a 3% drop in Brent crude to $97.2/barrel and a rally in precious metals, with gold up 3.4%.
Kerala Power Demand Surges Past KSEB Forecasts to 5,621MW
Kerala's power consumption has exceeded expectations, with evening peak demand reaching 5,621MW on March 24. KSEB officials cite induction cooktop use due to LPG shortage and upcoming IPL season as key factors driving the surge.
India Keeps 4% Inflation Target, 2-6% Band for Next 5 Years
The Indian government has decided to maintain the retail inflation target at 4% with a 2-6% tolerance band for the next five years, following extensive consultations and RBI recommendations.
Six Firms Bid for Nashik's Rs 203 Cr Highway Project for Kumbh Mela
Six companies compete to widen the 6.4km Nashik-Pune highway stretch from Dwarka Circle to Datta Mandir. The Rs 203 crore project aims for completion by March 2027 to handle Kumbh Mela traffic.
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WTO Meeting: India to Push Farm Reforms Amid Global Tensions
The WTO ministerial meeting in Cameroon begins Thursday, with India focusing on farm trade reforms and protecting small farmers, while the US and EU push for broader changes.
Infosys $560M US Healthcare & Insurance Acquisitions
Infosys strengthens its US market presence with twin acquisitions: $465M for Optimum Healthcare IT and $95M for Stratus, focusing on healthcare and insurance sectors.
Banks Rely on CDs as Credit-Deposit Gap Widens to Decade High
Indian banks face a structural gap with credit growth at 14.5% surpassing deposit growth at 11.9%, leading to increased reliance on certificates of deposit, now at 2.6% of total deposits, the highest in ten years.
E-Commerce, Tech Startups Lead Sectoral Hiring: TeamLease
TeamLease Services reports e-commerce and tech startups are leading sectoral hiring, reflecting structured workforce alignment post-high-growth phase with strong expansion in digital commerce and SaaS ecosystems.
Tata Power Launches Ultra-Fast EV Charging on Highway
Tata Power has inaugurated its first 180 kW ultra-fast EV charging station on the Mumbai-Ahmedabad highway, aiming to boost intercity electric mobility with rapid charging in 15-30 minutes.
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Airbus Eyes ATR Assembly Line in India for Regional Connectivity
Airbus is exploring a final assembly line for ATR regional aircraft in India, leveraging existing partnerships and government incentives to boost local manufacturing and reduce costs for airlines.
L&T Exits Kolkata Metro Esplanade Station Project Over Delays
Contractor Larsen & Toubro has pulled out of building the Purple Line's Esplanade station due to timeline uncertainties, as BC Roy Market traders refuse to vacate land. RVNL will re-tender the project.
L&T Exits Kolkata Metro Esplanade Station Project Amid Delays
Contractor L&T has pulled out of constructing the Purple Line's Esplanade station in Kolkata due to timeline uncertainties caused by BC Roy Market traders refusing to relocate, forcing RVNL to retender.
Ludhiana Atal Apartment Scheme Draw on April 14
Ludhiana Improvement Trust's Atal Apartment Scheme sees 1,539 applications for 179 flats, with a draw scheduled for April 14. Officials aim for possession by November despite labor and weather challenges.
Second Factory Worker Death in Ludhiana in 5 Days
A 53-year-old factory worker in Ludhiana died after a delay in hospital care, marking the second such fatal incident in five days, raising alarms over industrial safety negligence.
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12% Surcharge Proposed on Share Buyback Capital Gains
The Indian government has proposed a 12% surcharge on capital gains from share buybacks, altering the current income-linked structure that imposes no surcharge up to Rs 50 lakh and 10% between Rs 50 lakh and Rs 1 crore.
S&P Raises India's FY27 GDP Growth Forecast to 7.1%
S&P Global Ratings has revised India's GDP growth projection for fiscal year 2027 upward to 7.1%, citing strong economic momentum and policy reforms.
LPG Policy Confusion Sparks Long Queues in Kolkata
Confusion over LPG distribution rules led to long queues in Kolkata as consumers rushed for eKYC. Officials clarified the March 31 deadline applies only to PMUY beneficiaries, not regular users, and refill gaps remain at 25 days.
Dehradun Boosts PNG Connections as LPG Shortage Bites
Authorities in Dehradun are ramping up piped natural gas connections to combat a severe LPG shortage, with domestic PNG links rising from 1,800 to over 2,200 in a month. The move aims to ease pressure on households and businesses facing closures.
Kolkata Auto Shortage Crisis Hits Night Commuters Hard
Kolkata faces a severe last-mile connectivity crisis, especially in late evenings, as auto availability plummets due to an LPG fuel shortage, leaving commuters stranded with longer wait times and fewer options.
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Talcher Fertilizer Project Delayed to 2027, Misses Deadline
The Rs 13,000-crore Talcher Fertilizers Ltd project in Odisha, crucial for reducing urea imports, is over four years behind schedule due to contractor issues and pandemic delays, now aiming for December 2027 commissioning.
Bhagalpur Rabi Crops Hit Hard by Unseasonal Cyclonic Rainfall
Heavy unseasonal cyclonic rainfall and thunderstorms have severely damaged standing Rabi crops across over 22,000 hectares in Bhagalpur district, with maize and wheat worst affected. Agriculture department launches extensive assessment.
Haryana CM, Russian Envoy Discuss Expanding Trade & Investment
Haryana Chief Minister Nayab Singh Saini held talks with Russian Ambassador Denis Alipov to enhance trade, investment, and cooperation in sectors like IT, automobiles, and agro-processing.
Kamathipura Redevelopment Work Orders Issued This Week
The Maharashtra government will issue work orders for the Kamathipura redevelopment project this week, with construction set to begin in two months. The project aims to provide relief to 8,000 families through cluster redevelopment.
Haryana CM Meets Russian Envoy to Boost Trade, Cooperation
Haryana Chief Minister Nayab Singh Saini met Russian Ambassador Denis Alipov in Chandigarh to discuss boosting exports, technology transfer, and skilled manpower cooperation between the state and Russia.
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Haryana Fuel Dealers Flag Irregular Petrol, Diesel Supply
Petrol and diesel dealers in Haryana have raised concerns about inconsistent fuel supply, impacting operations in the state. The issue was highlighted in Panipat, with reports of disruptions affecting local stations.
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