Haryana Hikes Affordable Housing Rates by 10-12%
The Haryana cabinet has approved a 10-12% increase in allotment rates for affordable group housing projects to revive stalled developments and address rising construction costs.
Category : Business
Maruti Suzuki Invests Rs 10k Crore in New Gujarat Plant
Maruti Suzuki India announces a massive Rs 10,000 crore investment for a new manufacturing facility in Gujarat, aiming to boost production capacity and strengthen its market leadership in the automotive sector.
Rupee Gains 12 Paise to 93.86, Snaps Record-Low Streak
The Indian rupee closed at 93.86, appreciating by 12 paise, ending a three-day record-low run as easing oil prices and mixed geopolitical signals provided relief. Analysts caution that global uncertainty continues to pressure the currency.
Krishi Mela in Hisar Attracts 1.7 Lakh Farmers, Rs 41 Lakh Sales
The two-day Krishi Mela at Haryana Agricultural University in Hisar saw 1.7 lakh farmers from six states. Sales totaled Rs 41.23 lakh, including seeds and agricultural products, with soil testing and educational stalls enhancing the event.
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War Disrupts Panipat Industry, Costs Soar, Labor Flees
The Iran-Israel-US conflict severely impacts Panipat's textile industry, causing LPG shortages, surging costs, and labor migration, with exports and production declining sharply.
West Asia Conflict Hits 250+ Haryana Pharma, Cosmetic, Medical Firms
The West Asia conflict disrupts global supply chains, severely impacting over 250 pharmaceutical, cosmetic, and medical device manufacturers in Haryana. Skyrocketing costs and delays threaten a Rs 5,000 crore industry.
Sirsa Hydraulic Industry Expands Beyond Agriculture
Sirsa's hydraulic machine manufacturing sector is expanding from agricultural roots to serve diverse industries across India and abroad, driven by local entrepreneurs but hindered by skills shortages and policy gaps.
West Asia War News Sparks Volatile Trading on Dalal Street
Conflicting messages about the West Asia conflict led to sharp market swings on Tuesday. Sensex gained 1,372 points after volatile trading as crude prices rose and foreign funds sold heavily.
FMCG Firms Hike Prices, Cut Pack Sizes as Input Costs Rise
Consumer goods companies are implementing price increases and grammage reductions to offset rising raw material costs driven by the West Asia conflict, impacting products from soft drinks to biscuits.
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RVNL and Ircon to Merge for Bigger Infrastructure Projects
Rail Vikas Nigam and Ircon International are set to merge, creating a larger entity to handle domestic and international infrastructure projects, with a combined order book exceeding Rs 1.5 lakh crore.
Gold, Silver Prices Fall Despite War, Inflation Fears
Contrary to predictions, gold and silver prices have dropped significantly since the West Asia conflict began, driven by slowed de-dollarization, inflation fears, and central bank sales.
RBI Wants Single Interface for All Payment Mandates: UPI, Cards
The Reserve Bank of India is advocating for an interoperable system allowing customers to view all payment mandates across UPI and credit cards in one interface, aiming to enhance consumer protection amid rising subscription services.
Beer Supply Disruptions Loom Amid Cost Surge, Material Shortage
Indian beer makers warn of summer supply disruptions due to rising costs and packing material shortages, while alcohol producers seek price revisions for IMFL amid industry pressures.
Kolkata CGST Busts Rs 8 Crore GST Fraud, Arrests Director
Central GST officers in Kolkata have launched an investigation into a Rs 8 crore fraud case involving fake GST entities that fraudulently availed input tax credit. A company director has been arrested and sent to judicial custody.
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Haryana Cabinet Approves Mixed Land Use Policy
The Haryana cabinet has approved a new policy to regulate mixed land use zones, clearing approvals for pending projects by defining usage proportions and allowing flexible residential, commercial, and institutional development.
HC Refuses to Quash FIR Against Emaar India in Fraud Allegations
Punjab and Haryana High Court dismisses Emaar India's petition seeking to quash an FIR involving cheating, fraud, and criminal conspiracy allegations filed by Synergy Finhub LLP.
Nagpur Auto Drivers Hit by LPG Crisis and Price Hike
Nagpur auto-rickshaw drivers face severe challenges due to LPG shortages and price spikes, with rates jumping from ₹56 to over ₹80 per kg, squeezing their already thin margins.
Global Tensions Push Plywood Rates Up 6% in Yamunanagar
Plywood prices in Yamunanagar, Haryana, have surged by 6% due to rising raw material costs fueled by global geopolitical tensions, impacting construction and furniture sectors.
Gujarat Aluminium Extrusion Industry Seeks Government Relief
Aluminium extrusion manufacturers in Gujarat urge immediate government intervention with financial relief measures as disrupted gas supply and rising scrap prices cripple production, impacting real estate and construction sectors.
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BPCL Fuel Stocks Adequate; Nayara Energy Reports Depletion
Bharat Petroleum Corporation Limited confirms sufficient fuel reserves at its Borkhedi depot, while Nayara Energy faces near depletion. Officials urge calm as supplies are replenished amid Middle East conflict.
Gujarat Fuel Panic: Petrol Demand Jumps 2.5 Times on Monday
Indian Oil Corporation reports massive surge in fuel sales across Gujarat due to panic buying triggered by shortage rumors. Officials confirm adequate inventory and urge public not to panic.
Nagpur Fuel Crisis: Panic Buying Amid War Fears
Nagpur experienced severe fuel shortages and panic buying triggered by rumors linked to the Israel-Iran conflict, with 24 pumps running dry and widespread traffic disruptions across the city.
Gujarat Fuel Panic: Petrol Sales Double Amid Rumors
Petrol sales in Gujarat surged by 118% on Monday due to panic buying triggered by rumors of shortage. Diesel sales also rose 67%, causing long queues and traffic snarls across Ahmedabad, Vadodara, and Rajkot.
LPG Delivery Crisis Solved: OMCs Fix DAC Glitch
Oil marketing companies have resolved a critical technical flaw in the LPG delivery authentication system. The DAC code will now be sent to the device used for booking, ending weeks of failed deliveries and consumer frustration across India.
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Kolkata LPG Supply Improves with PNG Condition Post-War
Oil marketing companies in Kolkata are releasing up to 50% of commercial LPG demand, offering relief to restaurants and hospitality, but require a shift to PNG despite no functional network.
HDFC Resignation Exposes Corporate Governance Ethics Crisis
The recent resignation at HDFC underscores a critical challenge in corporate India: the urgent need for accountable leadership that confronts hard truths to maintain public trust and sustainable growth.
How India Stabilizes Petrol, Diesel Prices Despite Crude Surge
India has maintained stable petrol and diesel retail prices since May 2022 despite global crude oil price fluctuations, leveraging deregulated markets and strategic interventions.
Embedded World India at Bengaluru Tech Summit
Embedded World India will be featured at the Bengaluru Tech Summit, highlighting India's rapidly expanding embedded systems market driven by smart manufacturing, electric mobility, telecom, healthcare, and connected devices.
Priya Removes Sunjay Kapur's Mother as Trustee Amid Dispute
In a significant corporate and family development, Priya Sachdeva Kapur has removed her mother-in-law as a trustee amid ongoing disputes, highlighting tensions within the Kapur family business.
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India's Panama Papers Probe Nets Rs 14,636 Crore
India's tax authorities have recovered Rs 14,636 crore from the Panama Papers investigation and completed key assessments on offshore leaks, marking a major crackdown on tax evasion.
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