Saks Considers Bankruptcy Ahead of $100M Payment
Saks Global Enterprises faces a critical $100+ million debt payment on Dec 30, exploring Chapter 11 bankruptcy and emergency funding. Read the full analysis of the luxury retailer's financial crisis.
Category : Business
Home buyer can't claim GST refund from builder: Tribunal
Kolkata tribunal rules home buyers must seek GST refund from tax authority, not developer, after deal termination. Key ruling impacts real estate dispute resolution.
9 convicted in SBI fraud case causing Rs 2.3 crore loss
A Visakhapatnam court convicts nine, including ex-SBI officials, in two fraud cases causing over Rs 2.3 crore loss to the bank. Read the full details of the judgment and sentences.
Goa Shipyard delivers indigenous pollution control ship to Coast Guard
Goa Shipyard Limited delivers the indigenously built Samudra Pratap, a hybrid oil spill response vessel, to the Indian Coast Guard, boosting maritime safety and pollution control capabilities.
Fog Cripples Delhi-Patna Rail Route, Trains 12 Hours Late
Dense fog severely disrupted Delhi-Patna rail traffic, delaying premier trains like Tejas Rajdhani by 12 hours. Passengers, including elderly & children, faced hardship. Read about the cascading impact & official response.
Minister Urges Vande Bharat for Bengaluru-Goa Route
Union Minister HD Kumaraswamy requests Railway Minister Ashwini Vaishnaw to launch a Vande Bharat Express between Bengaluru and Madgaon, Goa, citing public demand and improved rail infrastructure. This move aims to boost connectivity and tourism.
Goa approves 10 industrial projects, 914 jobs
Goa CM Pramod Sawant announces approval of 10 industrial projects worth Rs 217 crore, generating 914 jobs. IPB considers custom incentives for large investments over Rs 100 crore. Read more.
ITR Refund Delays: Why Taxpayers Are Still Waiting
Many taxpayers who filed ITR in September for AY 2025-26 are yet to receive refunds. Learn the reasons for delays, how to check status, and the deadline for belated returns.
Majuli Farmers Trained in Scientific Beekeeping for Honey
Over 100 farmers in Majuli trained in scientific beekeeping to boost mustard honey production. Learn how this initiative aims to create sustainable income and aid pollination.
Buxar Station to Become Major Junction with Rs 30 Lakh Upgrade
Buxar railway station, Bihar's gateway, is undergoing a major Rs 30 lakh upgrade to add two new platforms and modernise tracks. This will boost train handling capacity and improve connectivity to Patna and Ghazipur.
Groww, Lenskart Join BSE Large Cap Index
BSE announces inclusion of Groww's parent Billionbrains Garage Ventures and Lenskart Solutions in its Large Cap index from January 6, 2026. Tata Motors also sees index additions. Details on stock performance inside.
Passengers Protest SWR's Double Train Fare Hike
South Western Railway faces backlash for an additional fare hike before the national revision. Passengers allege unfair conversion of trains to superfast category without service upgrades. Read more.
Farmers Protest Inadequate Crop Insurance in Chikkamagaluru
Farmers in Sringeri, Chikkamagaluru, protest against delayed and low crop insurance payouts. Officials promise action. Read about the ongoing struggle for fair compensation.
Dehradun residents await promised flats, face demolition threat
Over 100 families in Dehradun's Kathbangla colony face uncertainty as promised EWS flats remain undelivered, leaving them under threat of demolition. Officials cite pending work as residents protest.
CBDT's Data-Driven Nudge Campaign for AY 2025-26
CBDT launches a data-driven 'NUDGE' campaign urging taxpayers to review flagged deduction claims by Dec 31, 2025. Act now to avoid penalties on ineligible refunds.
Indian IT Sector Eyes 2026 AI Revival After 4-Year Slump
After years of underperformance, India's IT sector looks to 2026 with cautious hope. Can AI monetization finally revive growth? We analyze the outlook.
Aurobindo Pharma increases stake in China JV to 50%
Aurobindo Pharma's Dutch arm buys 20% more in China's Luoxin Aurovitas for $5M, aiming for 100% ownership by 2029 to scale up inhalation product manufacturing. Read the full strategic move.
Lalit Modi, Vijay Mallya Mock India in Viral Video
A viral video shows fugitive businessmen Lalit Modi and Vijay Mallya mocking India's legal system. Get the full story on their controversial remarks and public backlash.
9 Crypto Tokens Under Market Review for 2026 Launch
Nine upcoming cryptocurrency projects, including Apeing, face market review ahead of their 2026 launch. Discover the tokens and the factors shaping their potential.
India's Largest Hydropower Project Operational After 20 Years
India's biggest hydropower project on the Subansiri river is now operational, inaugurated by Power Minister Manohar Lal Khattar. A milestone for clean energy in Assam and Arunachal Pradesh.
How a ₹80 Lakh loss led to StockGro and Stoxo for Indian investors
After losing ₹80 lakh in 2008, Ajay Lakhotia built StockGro and Stoxo to empower India's young investors with education and AI-powered research. Discover his journey to democratise market knowledge.
RBI Announces Rs 2 Lakh Crore OMOs, $10 Billion Swap
RBI unveils major liquidity infusion: Rs 2 lakh crore OMO purchases and a $10 billion forex swap to ease banking system conditions. Details and schedule inside.
India Approves 3 New Airlines to Break Duopoly
India's aviation ministry grants NOCs to Shankh Air, Al Hind Air, and FlyExpress to increase competition. The move follows recent flight disruptions, aiming to lower costs and offer more choices to flyers.
North India Fog Cripples Rail Traffic, Major Trains Delayed
Dense fog blankets North India, severely disrupting rail services. Premium trains like Vande Bharat and Rajdhani Express face delays exceeding 8 hours. Get the latest updates on affected services.
Amul Camel Milk Initiative Fails to Deliver on Promise
Amul's ambitious camel milk project, launched to boost health-conscious consumers and breeder incomes, faces stagnation. Procurement remains low, demand flat, and breeders struggle to sell. Read the full story.
Rajkot Bridge Collapse Rumors Clarified by RUDA
Rajkot authorities confirm no bridge collapse occurred; a 200-ton slab was removed as a safety precaution during Ring Road-2 construction. Get the full story here.
Punjab GST up 16%, Excise revenue surges 8.64%
Punjab's GST collections surge 16% to Rs 17,860 crore till November. Excise revenue also rises 8.64%. FM Cheema credits tech-driven enforcement & OTS scheme for boosting state finances.
Indian Investors Ramp Up Overseas Bets as US Markets Outperform
RBI data reveals a 54.5% surge in Indian investments abroad to $1.96 billion in 2025, driven by US market outperformance. Learn why investors are diversifying globally and the risks involved.
Samsung India Head Sees Global Shift from China to India
Samsung India CEO JB Park reveals global brands are shifting manufacturing from China to India, driven by PLI schemes and a vast consumer market. India contributes 10% to Samsung's global revenue. Explore the future of tech and AI in India's growth story.
49 Bids for 24 Coal Blocks in 14th Commercial Auction
India's 14th commercial coal auction attracted 49 bids for 24 blocks from 11 firms, including 5 new entrants. This round also introduced underground gasification provisions. Explore the details.
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