Rs 574 Crore Road Project Approved for Machilipatnam Port
The Union government has sanctioned Rs 573.77 crore for a six-lane road linking Machilipatnam seaport to national highways, aiming to reduce logistics costs and improve freight efficiency.
Category : Business
Bitcoin Crashes to $60K, $2 Trillion Wiped Out in Crypto Market
Bitcoin plunged to its lowest level since October 2024, crashing to $60,000 as the cryptocurrency market lost $2 trillion overnight. Ethereum also tanked 13% in a single day amid massive leveraged position liquidations.
Ranchi Realtor Dies in Apparent Suicide from Sixth Floor
Anurag Sarawgi, a 50-year-old real estate businessman with 22 years of experience, allegedly died by suicide by jumping from his sixth-floor apartment in Ranchi. Police investigation ongoing, no suicide note found.
Governor Advocates Green Mining for Atmanirbhar Bharat
Jharkhand Governor Santosh Kumar Gangwar emphasized sustainable mining, critical minerals, and smart technologies as key to India's self-reliance at IIT (ISM) Dhanbad conclave.
Sampre Nutritions Stock Rises 5% After Egypt Capex Update
Shares of small-cap confectionery maker Sampre Nutritions surged over 5% following news of its subsidiary's land purchase agreement in Egypt for industrial expansion, alongside strong Q2FY26 financial results.
Karnataka Plans Photoless Property Registration
Karnataka's Revenue Minister Krishna Byre Gowda announces a new system where property registration for DHUDA plots will not require physical photographs, streamlining the process for buyers.
Boeing Stock Rises on Saudia Jet Deal Talks
Boeing Co. shares climbed over 3% following reports that Saudi Arabia's flagship airline Saudia is in early-stage talks for a landmark aircraft acquisition deal involving at least 150 jets from Boeing and Airbus.
Onion, Potato, Tomato Prices Drop Below 40 in Chennai
Retail prices of onions, potatoes, and tomatoes have fallen below 40 per kilogram in Chennai due to increased supply from states like Maharashtra, Karnataka, and Uttar Pradesh at the Koyambedu wholesale market.
Investors Flee Tech for AI-Resistant Stocks as Market Shifts
As AI concerns hit tech stocks, investors pivot to homebuilders, machinery makers, and consumer staples—sectors seen as resistant to AI disruption, driving a market rotation.
Fractal Analytics IPO: ₹1,248 Crore from Anchor Investors
Artificial Intelligence firm Fractal Analytics Limited has successfully raised ₹1,248.26 crore from anchor investors ahead of its IPO. The company allotted shares to 52 investors, including major domestic mutual funds and global institutions.
RBI: PSL Issues Are Bank-Specific, Not System-Wide
The Reserve Bank of India clarifies that recent priority sector loan classification issues at top private banks are isolated cases, not systemic concerns, while announcing KCC scheme revisions.
Gas Leak at Gujarat Pharma Unit Hospitalizes Four
A chemical gas leak at Sainex Met Chem Pharma in Valsad's Sarigam GIDC led to four hospitalizations, including the unit owner. Authorities contained the leak and launched an investigation.
NSE Q3 Profit Up 15% to Rs 2,408 Crore, Income Rises 6%
National Stock Exchange of India reports a 15% QoQ rise in Q3FY26 net profit to Rs 2,408 crore, with total income up 6% to Rs 4,395 crore, driven by higher trading volumes and cost efficiencies.
RBI Governor: Economy in Enhanced 'Goldilocks' Phase
RBI Governor Sanjay Malhotra states India's economy is in an even stronger 'Goldilocks period' with improved growth and controlled inflation, while indicating low policy rates will persist.
NSE Approves IPO, Forms Committee for Listing Process
The National Stock Exchange of India has formally approved its long-awaited IPO, with a 4-4.5% stake sale expected. It also announced a new coal exchange subsidiary and reported strong quarterly earnings.
Hero MotoCorp CEO Targets Premium, EV, and Export Growth
Harshavardhan Chitale, Hero MotoCorp's new CEO, outlines a strategy focusing on premium products, scooters, electric vehicles, and exports to drive growth for India's top two-wheeler maker.
Prayagraj Farmers Turn Rocky Land into Strawberry Goldmine
Progressive farmers in Prayagraj's Meja area are revolutionizing agriculture by cultivating strawberries in polyhouses using mulching technology, achieving massive profits and meeting metropolitan demand.
US Stocks Rebound, Bitcoin Stabilizes After Volatile Week
US stock markets rose on Friday, recovering from heavy losses as technology shares and bitcoin showed signs of stability. The rebound followed concerns over AI spending impacting corporate profits.
IndiGo Plane Lands Safely in Mumbai After Gear Lever Issue
An IndiGo flight from Bengaluru to Mumbai encountered a landing gear lever problem but landed safely at Chhatrapati Shivaji Maharaj International Airport. All passengers and crew are safe.
TII Invests ₹73 Cr in Orange Koi for MIM Business Entry
Tube Investments of India Ltd (TII) announces a strategic move into metal injection molding by acquiring an 87% stake in Orange Koi Pvt Ltd for up to ₹73 crore, expanding its precision manufacturing portfolio.
Punjab's 1,300-Acre Road Project to Transform Mohali and New Chandigarh
Punjab's housing department has issued a notification for constructing new roads across nearly 1,300 acres in Mohali and New Chandigarh. The project aims to strengthen traffic systems, improve connectivity, and boost real estate investment in the region.
Amazon Stock Tumbles 10% on $200B AI Spending Plan
Amazon shares plummeted 10% on Nasdaq after announcing a $200 billion AI infrastructure spending forecast, raising investor concerns about long-term returns and profit margins.
Gas Leak at Vapi Factory: 4 Hospitalized, GPCB Probes Incident
A gas leak at Sinex Metchem Pharma Company in Sarigam, Valsad, hospitalized four, including the owner. GPCB and fire teams responded, with the cause under investigation.
Sebi Sets May 2026 Deadline for AIF NAV Reporting
India's market regulator Sebi has set a May 2026 deadline for AIFs to submit Net Asset Value details for each ISIN to depositories via RTAs, aiming to boost transparency and operational efficiency.
India-US Trade Deal Threatens Punjab Farmers, Dairy, Small Industries
Congress leader Balbir Singh Sidhu warns that the proposed India-US trade agreement could devastate Punjab's agrarian economy, dairy sector, and small-scale industries, urging government protection.
Trade Deal Boosts Indian Markets Despite IT Sector Woes
Indian equities recorded their strongest weekly performance in nine months, driven by US-India trade pact optimism, while IT stocks tumbled due to AI automation fears. The market saw extreme volatility with both steep falls and sharp gains.
Farmers Threaten Protests Over US Trade Deal's Agri Imports
Farmer leaders in Maharashtra warn of mass protests against a proposed India-US trade deal allowing unrestricted agricultural imports, citing threats to livelihoods and competition from US subsidies and yields.
Gold, Silver Prices Fall Sharply in India Amid Profit-Taking
Gold and silver prices dropped sharply in India on Friday, with silver plunging nearly 5% and gold falling over 2%, as investors booked profits. Domestic declines contrasted with a recovery in global markets later in the day.
Wall Street Rebounds Led by Chip Stocks
Wall Street experienced a significant bounce-back in trading, with chip stocks driving the recovery. The market rebound highlights renewed investor confidence in the technology sector.
Goldman Sachs Deploys Autonomous AI Agents Using Claude Model
Goldman Sachs has implemented fully autonomous AI agents to automate complex, process-intensive roles within the bank, powered by Anthropic's Claude model, as part of a multiyear AI reorganization.
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