BEML to Build 6 New Trains for Bengaluru Metro's Yellow Line
BMRCL turns to BEML for six new trains to ease congestion on Bengaluru's Yellow Metro Line. Delivery expected by 2026 to boost Namma Metro's capacity and commuter comfort.
Category : Business
Govt clarifies tobacco levy is excise duty, not a new cess
Finance Minister Nirmala Sitharaman clarified in Lok Sabha that the tobacco levy is an excise duty, not a new cess. The move aims to keep cigarettes unaffordable and revenue will be shared with states.
Consumer Panel: Insurer Can't Override Doctor's Treatment Call
Ghaziabad consumer commission orders Star Health to pay Rs 50k claim, rules treatment method is for doctors, not insurers, to decide. Read the full verdict details.
NER Varanasi Fortress Check Recovers ₹3.81 Lakh
North Eastern Railway's Varanasi Division conducted a massive ticket-checking drive, fining 716 passengers and recovering ₹3.81 lakh. November revenue surged 71% to ₹3.1 crore. Read the full report.
Govt to Update GDP Base Year to 2022-23 from 2011-12
Finance Minister Nirmala Sitharaman announced India will update its GDP calculation base year to 2022-23. New data series, reflecting modern consumption, will be released on Feb 27. Read the full story.
Syrma SGS invests $90M in new Andhra Pradesh PCB facility
Syrma SGS announces a $90 million investment in a new PCB manufacturing plant in Naidupeta, AP. The facility, part of a JV with Shinhyup, will create 1000 jobs and start operations by 2027. Read more.
Nashik builder held for Rs 23 crore cheating case
A prominent Nashik builder arrested for cheating homebuyers of Rs 23 crore by mortgaging flats after taking full payment. The crime branch investigates the fraud. Read the full story.
Porvorim 6-Lane Corridor Delayed, New Deadline 2026
The Rs 640 crore Porvorim elevated corridor project faces delays until late 2026. PWD Minister Digambar Kamat cites traffic diversion issues as the cause. Read for details and proposed solutions.
Berhampur Begins Consultations for City-Wide Drainage Plan
Berhampur Municipal Corporation launches stakeholder consultations to develop a comprehensive storm-water drainage master plan, aiming to solve chronic waterlogging. The DPR will be ready in six months.
Trichy's New Private Bus Terminus to Open by Pongal 2026
Mayor Mu Anbalagan inspects the Panjapur bus terminus, 85% complete. The Rs 17.6 crore facility will streamline long-distance travel to Chennai, Bengaluru & Hyderabad. Read more about Trichy's infrastructure upgrade.
Mozambique, Zambia Team Studies Haryana's Rural Innovation Hub
A 15-member African delegation visited Damla village in Haryana to study India's successful agriculture and rural entrepreneurship models. They observed a multi-purpose food-processing machine and advanced beekeeping techniques.
NPST raises ₹300 crore from Tata Mutual Fund
NPST secures over ₹300 crore from Tata Mutual Fund to fuel global expansion, AI-driven payments innovation, and strategic acquisitions. Read more about this fintech milestone.
India's Exports Rebound Strongly in November: Goyal
India's merchandise exports posted a healthy rise in November, recovering from October's sharp fall. Commerce Minister Piyush Goyal highlights growth amidst global volatility and ongoing FTA talks. Official data due Dec 15.
Sugs Lloyd Secures ₹43.37 Cr PSPCL Order Under RDSS
Sugs Lloyd Limited bags a major ₹43.37 crore turnkey order from PSPCL for loss reduction works under the RDSS scheme in Punjab, aiming to upgrade the state's power distribution network.
New Nashik-Pune Rail Route Avoids GMRT Observatory
Railways unveils revised alignment for Nashik-Pune high-speed corridor, connecting via Shirdi and Chakan. DPR ready, ₹8,970 crore sanctioned for key stretch. Boosts tourism and industry.
Govt: E20 Fuel No Risk to Vehicle Performance
The Indian government has clarified that E20 fuel does not compromise vehicle durability or efficiency, addressing public concerns. Learn the facts about ethanol blending.
Tomato prices may cross ₹100 in Andhra after cyclone
Cyclone Ditwah's heavy rains in Rayalaseema disrupt tomato harvests, causing supply shortages. Experts warn prices could surge from ₹50-62 to over ₹100 per kg. Learn about the impact on farmers and consumers.
IMF 'C' Grade Due to Old Base Year, Says FM Sitharaman
Finance Minister Nirmala Sitharaman clarifies IMF's 'C' rating stems from an old 2011-12 base year, not growth data. India to adopt new 2022-23 base from 2026. Read details.
Goyal: Self-Reliance Not Optional Amid Global Trade Tensions
Commerce Minister Piyush Goyal urges India's manufacturing sector to embrace self-reliance as global trade tensions escalate. Read his crucial message for the economy.
Japanese firm Toppan invests Rs 400 crore in Punjab
Japanese firm Toppan Speciality Films signs Rs 400 crore investment pact with Punjab, plans a skilling centre. CM Bhagwant Mann announces deal during Japan visit ahead of 2026 Investors' Summit.
IndiGo Cancels Over 1,200 Flights in November 2025
India's largest airline, IndiGo, cancelled 1,232 flights in November 2025. Over 755 cancellations were due to crew shortage and FDTL limits. Read the full report.
Karnataka Gets 3,187 Km New National Highway Projects
Union Minister Nitin Gadkari announces sanction of 3,187 km of national highways for Karnataka, including expressways. Details inside.
Rupee Falls to All-Time Low of 90.15 Against USD
The Indian rupee plunged to a historic low of 90.15 against the US dollar on December 3, 2025. Read about the key factors behind the slide and its market impact.
DGCA Launches Probe into IndiGo Flight Disruptions
DGCA investigates IndiGo's massive flight delays & cancellations. Airline cites crew shortage, ATC issues. Passengers advised to check flight status. Details here.
RBI MPC Meeting Begins, Rate Decision Due Dec 5
The RBI's Monetary Policy Committee has started its crucial meeting. The decision on key interest rates, expected on December 5, comes amid falling inflation and strong GDP growth. Read the full analysis.
DGCA Investigates IndiGo Delays, Seeks Mitigation Plan
India's aviation regulator DGCA investigates recent IndiGo flight disruptions. The airline must submit a mitigation plan to address delays and cancellations. Stay updated.
Zoho's Vembu: Skip College, Follow US Youth Trend
Zoho co-founder Sridhar Vembu highlights a US cultural shift where students skip college to avoid debt. He urges Indian parents and companies to pay attention to this skills-first revolution.
Gold Jumps Rs 670 to Rs 1,32,200/10g Amid Global Rally
Gold prices in India surged by Rs 670 to Rs 1,32,200 per 10 grams on Friday, driven by firm global trends and a depreciating rupee. Explore the key factors behind the rally and market outlook.
US Stocks Fall as Labour Market Data Disappoints
US stock markets declined on Wednesday as weak private jobs data raised concerns. The Dow, S&P 500, and Nasdaq all fell. Microsoft and CrowdStrike shares dropped, while American Eagle rallied. Read the full analysis.
Lok Sabha Passes Bill on Tobacco Excise Duty
The Lok Sabha has passed a crucial bill to amend excise duty rates on tobacco and its products. This legislative move aims to update the Central Excise Act, 1944. Read for details and implications.
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