Auto PLI Funds May Double to ₹5,500 Cr in FY27
India's government plans to nearly double auto PLI scheme funds to ₹5,500 crore for FY27 to boost EV manufacturing, but rejects pleas from new-age automakers to reopen applications. Explore the impact.
Category : Business
India-US Envoys Discuss Trade Partnership at Mar-a-Lago
India's Ambassador to the US, Vinay Mohan Kwatra, met US envoy Sergio Gor at Mar-a-Lago in Florida. They focused on strengthening trade ties and the broader bilateral partnership between the two nations.
Ajni Station to Get New Services, Ease Nagpur Congestion
Central Railway plans to launch new train services from Ajni station in Nagpur within months to decongest routes. ₹1,500 crore allocated for Kumbh Mela upgrades. Read the latest developments.
Fog Disrupts Rail Ops: Cancellations, Long Delays in Chandigarh
Dense fog around Delhi severely hit train schedules, causing two cancellations and massive delays up to 11 hours for arrivals in Chandigarh. Passengers advised to check timings.
AI Revenue Paradox: TCS, Accenture Growth Without Net Gain
Generative AI is the fastest-growing segment for IT giants like TCS and Accenture, but experts warn it's replacing legacy revenue, not creating new business. Discover the deflationary pressure on IT billings.
VB-G RAM G Act to Push State Borrowings, Bond Yields Higher
India's revamped rural jobs scheme increases states' funding share, likely raising borrowings by ₹30,000-40,000 crore and pushing bond yields higher. Market experts warn of wider spreads and fiscal strain.
Telluride Ski Resort Shuts Down Amid Labour Strike
Telluride, a premier US ski resort, will close due to a strike by ski patrollers demanding higher wages. The union seeks a pay hike from $21 to $28 per hour for starters. Read the full story on the labour dispute impacting the community.
Madras HC: Govt grants are capital receipts, not taxable income
Madras High Court clarifies Union government grants for rehabilitation are capital receipts, not taxable revenue. Landmark ruling aids Dharmapuri milk co-op union. Read the full analysis.
BJP Accuses AAP of Manipulating Punjab GST Figures
BJP Punjab general secretary Anil Sarin alleges AAP government created an atmosphere of fear and loot in Punjab under GST. Claims of 16% revenue rise are deceptive, he says. Read the full details.
Delhi Metro Expansion: 13 New Stations Approved
The Union Cabinet has approved the expansion of Delhi Metro's Golden Line, adding 13 new stations from Lajpat Nagar to Saket G Block. This 8.4 km corridor will enhance connectivity in South Delhi.
India's 2025 Economy: Reform, Resilience, Realignment
Explore India's 2025 economic focus on green growth, manufacturing push, and fiscal stability amidst global headwinds. Essential analysis for UPSC aspirants.
TN Stamp Duty Set-Off for Homebuyers Announced
Tamil Nadu govt allows set-off of stamp duty & registration fees for first-sale apartments. Relief applies to agreements before Dec 1, 2023. Read details.
Navi Mumbai International Airport Opens for Business
Navi Mumbai International Airport (NMIA) finally opens, easing Mumbai's air traffic. Day one sees 30 flights by 4 airlines. Read about its features and schedule.
Ahmedabad: 25 houses demolished, residents get Naranpura flats
AMC demolishes 25 homes in Snehanjali Society, Thaltej, after notices. Residents protest, but accept temporary flats in Gujarat Housing Board colony, Naranpura. Details inside.
Bengaluru Builder Sells Same Flat Multiple Times
Devanahalli police file FIR against a Bengaluru builder for alleged fraud, selling one flat to different buyers and raising multiple loans. Read the full investigation details.
Telangana industry warns policy changes threaten growth, investments
Key industry bodies in Telangana caution that abrupt policy changes on land, power, and energy could derail the state's industrial growth, pushing investments away. They demand structured consultations.
Nashik Industries Seek NMC Representation, Rs 25 Cr Budget
Nashik's industrial bodies appeal for co-opted membership in the Municipal Corporation and a dedicated Rs 25 crore annual budget to fix long-neglected infrastructure in Ambad and Satpur MIDC areas. Read more.
Consumer panel fines insurer, TPA for illegal claim deduction
Ranga Reddy consumer commission holds insurer & TPA guilty for illegal mediclaim deduction. Ordered ₹19,535 refund with 9% interest & ₹15,000 compensation. Read the full verdict.
GBA: File e-khata complaints on helpline, skip office visits
Bengaluru's GBA Special Commissioner advises citizens to raise e-khata grievances via helpline, not in person. A 'First In First Out' system ensures orderly application processing. Learn the new procedure.
Two New Airlines Approved Post IndiGo Disruption
DGCA grants Air Operator Certificates to Fly91 and Air India Express's AIX Connect after reviewing IndiGo's fog-related chaos. Read about the new aviation players.
Odisha OKs Rs 1,332 Cr Industrial Projects, 7,474 Jobs
Odisha's single window body greenlights 11 new industrial investments across seven districts, boosting metal, food, green energy, and IT sectors. Discover the key projects and their impact.
Rs 307 Cr Unclaimed in Ernakulam Banks; Claim Camp on Dec 16
Over Rs 307 crore lies unclaimed in Ernakulam banks. A special camp on Monday helps heirs reclaim funds. Learn documents needed and camp location details here.
Surat's Rs 77 Crore Water Project for Coastal Localities
Surat Municipal Corporation plans a Rs 77 crore water infrastructure project near the airport to improve supply in Dumas, Sultanabad, and Bhimpore. Read about the new tanks and pipeline network.
Bengaluru's SMVT station gets Rs 17 crore upgrade
Sir M Visvesvaraya Terminal in Bengaluru is set for a Rs 17-crore upgrade to add passenger facilities, even as current maintenance issues like stains and rust persist. Read the full report.
NHAI moves to terminate RSIL contract for expressway delay
NHAI serves termination notice to Roadways Solutions India Infra Ltd for slow progress on a key Gujarat stretch of the Delhi-Mumbai Expressway, threatening the project's 2028 deadline. Read the full details.
Rajkot Train Extensions Delayed, Business Community Protests
Rajkot's business community criticizes railways for failing to implement 2023 train extension promises. Key long-distance links to Patna, Kolkata, Nagpur remain on paper. Read more.
IFC's First Direct Municipal Loan Funds Vizag's ₹550 Cr Sewage Project
GVMC secures a landmark ₹498 crore loan from the World Bank's IFC for a new underground drainage system and sewage treatment plant in Madhurawada, aiming to serve 2.5 lakh residents and curb sea pollution.
Karnataka Simplifies Farmland Conversion for Non-Agricultural Use
Karnataka government introduces new rules to streamline the conversion of agricultural land for other purposes, aiming to boost development and reduce bureaucratic hurdles. Learn about the key changes.
Delhi HC questions 18% GST on air purifiers in pollution crisis
Delhi High Court criticizes Centre for 18% GST on air purifiers during severe pollution, calls it a 'health emergency'. Court directs GST Council to meet urgently. Read more.
Subhash Bridge in Ahmedabad to be restored, not demolished
Ahmedabad Municipal Corporation decides to restore the 52-year-old Subhash Bridge after expert inspection. A new bridge proposal is also submitted. Read the full details.
Page 6 of 377