Mumbai Water Supply Disruption Jan 20-22
BMC announces water supply disruptions in several Mumbai wards from January 20 to 22 due to pipeline connection work for Metro Line 7A. Residents advised to store water.
Category : Business
Budget Countdown: Economic Survey and Union Budget Analysis
As Parliament's Budget Session starts January 28, India prepares for the Economic Survey and Union Budget on February 1, marking a crucial economic dialogue for the nation's fiscal direction.
HDFC Bank Q3 Profit Jumps 11.5% to Rs 18,653.75 Cr
HDFC Bank reports strong Q3 performance with 11.5% profit growth, robust loan expansion across retail, SME, and corporate segments, and improved asset quality.
ICICI Bank Q3 Profit Falls 4% on RBI Provision Order
ICICI Bank reports 4% decline in Q3 net profit to Rs 11,318 crore, impacted by RBI's Rs 1,283 crore provision requirement for agricultural priority sector loans.
Neville Tata's Trust Induction Delayed After Meeting Postponed
The board meeting to induct Neville Tata into Sir Ratan Tata Trust was postponed, delaying his appointment. Procedural issues raised by trustee Venu Srinivasan contributed to the uncertainty.
Vande Bharat Sleeper Train Launched, Ushers New Rail Era
Prime Minister Narendra Modi flagged off India's first Vande Bharat Sleeper train, connecting Howrah and Guwahati. The train features modern amenities, enhanced safety, and aims to transform overnight travel.
Maruti Suzuki's Rs 35,000 Crore Gujarat Plant to Create 12,000 Jobs
Maruti Suzuki India Limited announces a massive Rs 35,000 crore investment for a second car manufacturing plant in Khoraj, Gujarat. The facility will have a capacity of 10 lakh cars annually and generate over 12,000 direct jobs.
IndiGo Fined Rs 22.2 Crore by DGCA for Flight Chaos
DGCA imposes highest-ever fine on an Indian carrier, Rs 22.2 crore, on IndiGo for last month's flight disruptions. Airline must submit Rs 50 crore bank guarantee and remove senior officials.
Hyderabad Property Tax Hike Sparks Outcry on Rajiv Rahadari
Property owners in Secunderabad Cantonment face tax increases up to 300% amid road widening work, prompting appeals to MP Eatala Rajender for relief.
Odisha Gets Rs 1 Lakh Crore Investment Intents at Kolkata Summit
Odisha attracted investment intents worth nearly Rs 1 lakh crore during a two-day investors' summit in Kolkata, with 27 MoUs signed and 19 proposals received, promising significant job creation.
Ahmedabad Airport Terminal Relocation for 2030 Games
SVPI Airport in Ahmedabad plans to relocate its GujSAIL terminal to make space for a new integrated terminal building ahead of the 2030 Commonwealth Games.
Gold Hits Record High in Ahmedabad Amid Global Tensions
Gold prices in Ahmedabad surged to a new record of Rs 1,46,300 per 10 grams on Saturday, driven by safe-haven demand from geopolitical uncertainties and economic concerns.
Haryana suspends fertiliser firm's license over e-bill issue
Haryana authorities have suspended a fertiliser company's license after finding mismatches in the timing of its electronic bills, raising concerns over compliance.
Himachal CM Seeks Apple Import Ban to Protect Local Farmers
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu met Union Minister Piyush Goyal in Delhi, requesting a ban on apple imports from July to November and higher duties to support state growers.
SRTT Cancels Meeting, Neville Tata's Induction Delayed
The Sir Ratan Tata Trust cancelled its Saturday board meeting, postponing consideration of Neville Tata's trustee appointment. Other Tata trusts proceeded with meetings as scheduled.
Gujarat's Biofortified Cherry Tomatoes Cut Costs, Boost Nutrition
India's first biofortified cherry tomatoes, Anand Lalima and Anand Kundan, developed by Anand Agricultural University, offer farmers seed reusability and open-field cultivation, reducing costs by half compared to imported hybrids.
Telangana Mandates 10% TDR Usage in High-Rises
The Telangana government mandates 10% TDR usage in high-rises above 10 floors to boost market demand and help landowners benefit from development rights.
Mortgage Bond Profits Could Boost Corporate Debt Demand
Investors taking profits on US mortgage bonds may shift to corporate debt, narrowing spreads. Analysts note tight valuations and potential rotation amid record corporate bond sales.
EU-Mercosur Trade Deal Signed in Asuncion
European Union and South American Mercosur bloc sign major trade agreement after 25 years of talks, creating one of world's largest free trade areas despite farmer protests and geopolitical tensions.
Rudrapur Industrial Hub Struggles With Rail Connectivity Gap
Over three lakh migrant workers in Uttarakhand's Pantnagar Sidcul industrial belt face travel hardships due to absence of direct train services to Purvanchal and Bihar.
Mukund Purohit Named National Advisor for SME Chamber
India's SME Chamber of Commerce appoints Mukund Purohit as national advisor and Gujarat director, leveraging his 35+ years of SME expertise to drive growth and policy reforms.
New Railway Station Tendered Near Kochi Airport, 9-Month Deadline
Southern Railway invites tender for Rs 7.56 crore halt station in Nedumbassery, near Kochi airport. Construction must complete in nine months, easing airport access for passengers.
ICICI Bank Q3 Profit Falls 4% on RBI Agri Loan Move
ICICI Bank's net profit declined 4% to Rs 11,318 crore in Q3 FY25 after RBI-directed reclassification of agri loans led to higher provisions. The bank's board reappointed Sandeep Bakhshi for two more years.
Goa's Rs 2 Crore Airline Incentive Scheme Finalized
Goa CM Pramod Sawant announces a Rs 2 crore yearly incentive scheme for airlines introducing new routes and flights to boost tourism and connectivity.
HDFC, Yes, RBL Banks Post Strong Q3 Profits
HDFC Bank, Yes Bank, and RBL Bank reported improved profitability in the December quarter, driven by treasury gains and loan growth, despite rising operating costs from new labor codes.
CAG Audit Finds Serious Flaws in Goa EDC Loan Practices
The Comptroller and Auditor General's audit of Goa's Economic Development Corporation reveals systemic failures in loan management, including selective interest reductions and poor recovery efforts.
Odisha Drops in Startup Ranking, Officials Blame Data Delay
Odisha has fallen to the 'aspiring leader' category in the latest States' Startup Ranking, down from 'top performer' in 2022. State officials attribute the drop to delayed data submission during elections.
Bhubaneswar Housing Scheme at Risk Due to BDA Delay
Bhubaneswar Development Authority's failure to submit certified revenue village list for PMAY-U 2.0 jeopardizes housing benefits for thousands of families in the city.
Uttarakhand Named Startup Leader in National Rankings
Uttarakhand earns 'Leader' status in national startup ecosystem rankings. CM Pushkar Singh Dhami praises state policies and youth innovation efforts.
Trump to Sue JPMorgan Over Debanking Allegations
Former President Donald Trump announces plans to sue JPMorgan Chase, accusing the bank of improperly closing his accounts after the January 6 Capitol riot.
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