Massive Tax Shortfall, Yet Fiscal Deficit Target on Track

Despite a projected ₹1.5-2 trillion tax revenue gap and slower nominal GDP growth, India's fiscal deficit target of 4.4% for FY26 remains achievable. Strong non-tax revenues and statistical revisions provide crucial support. Read the full analysis.

Trai Fails to Recover 97% of Penalties from Telcos

India's telecom regulator Trai recovered only ₹1.37 crore of ₹45 crore penalties in FY25, as operators challenge orders. Weak powers stall spam control and service quality improvements. Read more.

Cattle Futures Drop as Meatpackers Face Major Losses

Chicago Mercantile Exchange cattle futures fell sharply as meatpackers face losses of over $255 per head. The decline follows record prices and tight supply. Discover the market dynamics and new US dietary guidelines.

India's Construction Equipment Sales Fall 7% in 2025

India's construction equipment industry faced a 7% volume decline in 2025. Key factors include prolonged monsoons and the shift to Stage V norms. Discover the market leaders and the 2026 recovery outlook.

Kempegowda Airport Opens Solid Waste Management Centre

Kempegowda International Airport in Bengaluru inaugurates its own solid waste management facility to handle 24-26 tonnes of daily waste. A major step towards sustainability for India's busiest airports. Read more about this green initiative.

Kochi Metro Phase II Race Against Time for June Launch

Kochi Metro struggles to meet its June 30 deadline for the Pink Line's first stretch to Infopark. Delays in funding and civil works cast doubt on timely completion, impacting thousands of tech commuters. Read more.

Venezuela-US Oil Supply Negotiations Progressing

Venezuela's PDVSA reports progress in oil talks with the US. Trump seeks 'total access' for US firms under interim President Delcy Rodriguez. Details on the high-stakes energy negotiations.

Fog Disrupts Rail Services in Chandigarh, 4 Trains Cancelled

Dense fog across North India caused major train disruptions in Chandigarh on Wednesday. Four trains were cancelled, including the Lucknow-Chandigarh service, with delays of up to 10 hours reported. Get the full list of affected trains and updates.

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