Saks Bankruptcy Fears Prompt Rush to Use Gift Cards & Credits
Amex Platinum cardholders are rushing to use Saks credits as bankruptcy looms. Learn what experts say about gift card safety and how past retail cases unfolded.
Category : Business
Sneaker Reseller Founder Jailed for $80 Million Fraud
Michael Malekzadeh, founder of Zadeh Kicks, sentenced to 70 months for wire and bank fraud causing $80M in losses. Luxury assets seized. Full story on the sneaker market scandal.
Goa's Loutolim land declared IPA for cricket academy
Goa govt declares 25,000 sq m in Loutolim an Investment Promotion Area for a Rs 65-crore sports complex. Project promises 950 jobs despite local opposition. Objections open for 30 days.
Bicholim Protest: Locals Block Mining Trucks Over Jobs
Residents of Poira-Bicholim protest against Salgaonkar mining company, blocking iron ore transport. They demand fair employment and better infrastructure. Read their full story.
Nashik's Neo Metro Dream Fades After 8-Year Delay
Nashik's ambitious Neo Metro project, approved in 2019, remains stalled despite a Rs 2,092-crore budget allocation. Maha Metro now explores global alternatives as the original plan is nearly shelved. Read more.
Pongal Rush: Southern Railway Announces Special Trains
Southern Railway introduces additional special trains between Chennai, Tirunelveli, and other key stations to manage the festive Pongal passenger rush. Check dates and timings here.
US Wheat, Soybean Futures Jump on Weather, China Demand
Chicago wheat futures hit a one-week high as dry weather threatens US Plains crops. Soybeans rise on fresh Chinese purchases. Key USDA data awaited. Get the full market analysis.
Eisler Capital Posts 14.3% Loss in 2025 During Wind-Down
Eisler Capital's multistrategy hedge fund saw losses deepen to 14.3% in 2025, driven by high pass-through expenses during its closure. Discover the costly challenges of unwinding such funds.
Millicom Considers Bid for Telefonica's Chile Unit
Millicom International Cellular signals interest in Telefonica's Chilean unit. A deal would introduce the Tigo brand to Chile, maintaining four major telecom competitors in the market. Read the full analysis.
PMFME Units in Karnataka Stalled Over Pollution Certificates
Thousands of rural food processing startups in Karnataka face loan rejections as banks demand missing pollution certificates. State minister urges exemption to save jobs and investments. Read more.
Gold Prices Drop 1%, US Jobs Data Fuels Fed Rate Cut Bets
Gold prices fell more than 1% on profit-taking but pared losses after weak US jobs data boosted Fed rate cut expectations. Spot gold at $4,445.32. Get the full market analysis.
Gandak's Chepua Fish Sparks Rural Economic Revival in Bihar, UP
The humble Chepua fish from the Gandak River is transforming lives in Bihar and Uttar Pradesh. Discover how this nutrient-rich delicacy is creating jobs, boosting incomes, and attracting food lovers. Read more!
Assam Tea Workers Stage Flash Strike Over Wages
Tea workers in Assam's Brahmaputra Valley halted operations in a one-hour strike, demanding a wage hike from Rs 250 to Rs 351. The ACMS warns of a total shutdown if demands are ignored. Read more.
Hubballi's Recon Expo 2026: Major Real Estate Event Announced
CREDAI Hubli-Dharwad announces Recon Expo 2026, a massive real estate & construction exhibition from Jan 9-11. Explore plots, flats, and modern designs. Discover investment opportunities in North Karnataka's growth story.
Karandlaje: Human Safety Must Come First, Mining Later
Union Minister Shobha Karandlaje prioritizes mining safety & tech at DGMS event. New labour codes, AI, drones to ensure zero harm. Read about India's gold import strategy.
Assam Potato Farmers Sell Below Cost, Demand MSP & Storage
Potato farmers in Assam face severe losses as prices crash below production costs. They blame lack of MSP, cold storage, and influx of cheaper potatoes from UP and Punjab. Read their demands.
Govt OKs Rs 1,800 Cr for New Currency Paper Production Line
The Cabinet approves a Rs 1,800 crore project to set up a new high-security paper line in MP, boosting annual capacity to 12,000 tonnes for currency, passports & stamps. Read more.
Goyal Invites Liechtenstein to Invest in India via EFTA Deal
Commerce Minister Piyush Goyal urges Liechtenstein companies to leverage the India-EFTA free trade agreement for investment and manufacturing partnerships. Explore the $100 billion opportunity.
Jharkhand's First-Ever Delegation to World Economic Forum in Davos
Jharkhand CM Hemant Soren leads the state's first delegation to the World Economic Forum in Davos, aiming to attract foreign investment and showcase its 'Growth in Harmony with Nature' vision. The trip includes a UK visit for further collaborations.
Leather Sector Seeks Help Over High US Tariffs
Indian leather exporters warn Parliament panel that 50% US tariffs are crippling exports and jobs. They urge government intervention and market diversification. Read more.
Tata Harrier, Safari Petrol Variants Priced from Rs 16.19 Lakh
Tata Motors launches petrol variants of Harrier & Safari SUVs. Check new engine specs, variant-wise prices, features, and how they compare to diesel models.
Mumbai BMC Polls: Housing Promises Take Center Stage
Ahead of BMC elections, parties pledge solutions for Mumbai's housing crisis, focusing on slums, old buildings, and community rights. Explore the key manifesto promises.
MC seals WWICS over tax dues, halts after Rs 4 lakh payment
Municipal Corporation's enforcement drive targets major defaulters like WWICS, leading to panic and swift tax recovery. Officials aim to exceed Rs 55 crore target by March 31. Read more.
Anil Agarwal's Son Agnivesh Dies at 49 in US
Agnivesh Agarwal, eldest son of billionaire Anil Agarwal, dies at 49 in the US while recovering from illness. He was on the board of Vedanta's Talwandi Sabo Power.
CCI Probes IndiGo Over Flight Cancellations, Unfair Practices
India's competition watchdog CCI seeks data from IndiGo & DGCA to assess if the airline abused its dominant market position after massive December flight cancellations. Details inside.
IGX Aims for 2026 IPO; IEX to Sell 22% Stake
Indian Gas Exchange (IGX) plans its IPO by end-2026. The offer will involve a 22% stake sale by promoter IEX. Discover details on expansion, gas trading growth, and future plans for hydrogen trading.
Explosions at Badlapur Industrial Unit, 2 Injured
Two workers injured after multiple explosions at a chemical packaging unit in Badlapur, Thane. Fire brigade controls blaze; police launch investigation into the incident.
Visakhapatnam's GVMC targets ₹600 crore property tax revenue
Greater Visakhapatnam Municipal Corporation collected ₹510 crore in property tax last fiscal. With new assessments and revised structures, it aims for ₹600 crore this year. Read how they plan to achieve it.
Intel Stock Jumps 11% After New AI Chip Reveal
Intel's stock surged over 11% on January 7, 2026, following the launch of its next-generation AI processors and laptops. Discover the details and market impact here.
IndiGo First Indian Airline to Get Airbus A321XLR
IndiGo becomes India's first airline to induct the Airbus A321XLR. The aircraft will launch non-stop flights from Mumbai & Delhi to Athens in 2026, expanding India's global reach.
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