Bharat Bandh Hits Assam: Transport, Banking Affected

A nationwide Bharat Bandh called by central trade unions impacted Assam's transport, banking, and energy sectors, with protests against labour codes and wage policies leading to clashes and widespread disruptions.

Shyam Steel Plans Rs 5,000 Cr Steel Plant in Bihar

Shyam Steel Manufacturing Limited has expressed interest in investing Rs 5,000 crore to establish a 1 MTPA integrated steel plant in Bihar, potentially creating 8,000 jobs and boosting industrial growth along the Gaya-Dobhi Road Industrial Corridor.

Udupi Bank Seal Fraud in Property Tax Payments

A major fraud case involving misuse of a bank seal and duplicate challans in property tax payments has been registered at Udupi Town police station. Officials discovered discrepancies during routine checks, leading to suspicions of cheating and forgery.

Indian IT Stocks Crash as Global Tech Sell-Off Spreads

Infosys and Wipro ADRs fell sharply amid a global tech sell-off, driven by AI disruption fears and strong US jobs data reducing rate cut hopes. The Nifty IT index dropped 5.5%, erasing Rs 1.3 lakh crore in market cap.

CBIC EMI Scheme Launch by March 1, Draft Framework Soon

The CBIC will introduce the Eligible Manufacturer-Importer scheme by March 1, with a draft framework for stakeholder consultation expected within days. The scheme offers two-year benefits to non-AEO manufacturers to encourage AEO certification.

Tesla Files Criminal Complaint Against German Union Member

Tesla has filed a criminal complaint against an IG Metall union representative in Germany, accusing them of secretly recording a private works council meeting. The union calls the allegation a 'calculated lie' ahead of key elections.

US Stocks Rise on Mixed Earnings, Labor Data

US stocks advanced slightly on Thursday, nearing record highs as investors weighed corporate earnings and unemployment data. Key indices like the S&P 500 and Dow Jones gained, while global markets showed mixed performance.

India Revises CPI Base to 2024, Food Spending Share Drops

India's Ministry of Statistics and Programme Implementation has updated the Consumer Price Index base year to 2024, revealing a significant decline in food's share of household spending, reflecting changing consumption patterns.

Reimagining India's Agricultural Supply Chains

India's agricultural supply chains face inefficiencies from farm to plate, with high wastage and low farmer incomes. Experts call for reforms in logistics, technology, and policy to boost food security and rural prosperity.

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