TERI Queries Delay Goa Iron Ore Dump Auction

The Energy and Resources Institute has raised queries on the Detailed Project Report for Goa's low-grade iron ore dump auction, causing delays. The state aims to generate Rs 150 crore upfront revenue.

Income Tax Raids on VIP-Linked Panorama Group in Bihar

The Income Tax Department conducted extensive simultaneous raids at multiple locations linked to the Panorama Group and its CMD Sanjeev Mishra in Purnia and Supaul districts of Bihar. Over 20 officials scrutinized financial records and properties in a maj

Bihar Ethanol Plant Shutdown Puts 700 Jobs at Risk

The Bharat Plus Ethanol Plant in Buxar, Bihar, faces imminent closure due to reduced ethanol lifting by oil companies under a new government tender policy, threatening 700 direct jobs and impacting 2,000 livelihoods.

Belagavi Tops Karnataka with 14 Agriculture Award Winners

Fourteen farmers from Belagavi district were honored with state agriculture awards for exceptional contributions. Chief Minister Siddaramaiah presented awards at Bengaluru International Trade Fair, recognizing achievements across multiple crop categories.

Hisense Opens First Indian Factory in Andhra Pradesh

Chinese electronics giant Hisense has inaugurated its first manufacturing facility in India at Sri City, Andhra Pradesh. The $30 million plant will initially produce air conditioners, with plans to expand into washing machines and LED TVs by 2026-27.

Govt Launches BHEL Stake Sale with 5% Potential Divestment

The Indian government initiates a 3% stake sale in Bharat Heavy Electricals Ltd (BHEL) with a greenshoe option for an additional 2%, potentially raising significant funds as part of its FY26 disinvestment target of ₹33,837 crore.

Rs 72,000 Crore Unclaimed Bank Deposits Moved to RBI Fund

The Indian government has transferred more than Rs 72,000 crore in unclaimed bank deposits to the RBI's Depositor Education and Awareness Fund. Public sector banks hold the largest share, with measures like UDGAM launched to help depositors reclaim funds.

Wall Street Near Record Highs on Rate Cut Bets, Mixed Earnings

US stocks traded near record levels as weak retail sales data fueled expectations for Federal Reserve rate cuts. The S&P 500 and Dow Jones edged higher while Treasury yields fell. Mixed corporate earnings from Coca-Cola, Hasbro, and others added to market

Kerala Co-op Bank Fights State Software RFP in Court

Kallettumkara Service Co-operative Bank petitions Kerala High Court against RFP for uniform software, alleging it threatens autonomy of primary agricultural credit societies through excessive government control.

Alphabet Sells Rare 100-Year Bonds to Fund AI Growth

Google's parent company Alphabet is raising $20 billion through a rare 100-year bond offering to finance its massive artificial intelligence expansion plans, signaling strong investor appetite for tech debt.

Gold ETFs Surge Past Equity Funds in January Inflows

Gold ETFs saw a 106% surge in inflows to Rs 24,040 crore in January, slightly exceeding equity mutual funds. This shift highlights growing investor preference for gold as a safe-haven asset amid market volatility.

US-India Trade Deal: $500B Pledge Lacks Clarity

A White House fact sheet announces a historic US-India trade deal with a $500 billion purchase claim but omits key details on timeframe and binding commitments, highlighting its provisional nature.

Chhattisgarh Signs MoU with STPI for CoE and ESDD Center

Chhattisgarh's Department of Electronics and IT partners with Software Technology Parks of India to establish a Centre of Entrepreneurship and Electronics System Design center in Raipur, boosting startups in AI, MedTech, and hardware.

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