Bengaluru-Mangaluru Trains Hit by Persistent Delays
Trains on the Bengaluru-coastal Karnataka route are running consistently late, with delays mounting to over 30 minutes. Commuters report disruptions to weekend plans and work schedules.
Category : Business
India-China Trade Deficit Hits Record $116 Billion
India's exports to China rose 9.7% in the latest data, but the trade deficit widened to a record $116 billion, highlighting economic challenges.
Junk Bond Market Thrives Despite Political Shocks, Investors Chase Yield
The risky debt market is booming as investors pour capital into triple C bonds and leveraged loans, ignoring political tremors. Strong consumer spending and expectations of stable rates fuel the hunt for high returns.
US Banks Report Strong Consumer Health Amid Affordability Fears
Major US banks report resilient consumer spending and savings, contradicting widespread affordability concerns. Executives highlight positive economic indicators despite rising delinquencies in some segments.
Saks Real Estate Could Be Key in Bankruptcy Restructuring
Saks Global's prime real estate portfolio could provide crucial leverage with lenders during bankruptcy. The luxury retailer may monetize assets through sale-leaseback deals while navigating vendor challenges.
Gold Hits Record High Amid Global Tensions, Fed Rate Cut Hopes
Gold prices surged to a record high on Wednesday, with silver also climbing, as geopolitical tensions and expectations of Federal Reserve rate cuts drove investors toward safe-haven assets.
Mysuru Becomes Refuge for Bengaluru Millennials Seeking Balance
Young professionals from Bengaluru are moving to Mysuru for cleaner air, less traffic, and better quality of life. The pandemic and improved connectivity have accelerated this shift.
Vizag Adopts Mumbai Model for Bay City and Aerocity Projects
Andhra Pradesh officials visited Mumbai to study CIDCO and MMRDA's self-sustaining development models for implementing Vizag 2.0 and Bay City projects under NITI Aayog's growth hub initiative.
US Ends Swedbank Money-Laundering Probe, No Action
The US Department of Justice closed its investigation into Swedbank AB without enforcement action, marking a major step in concluding a nearly seven-year money-laundering probe. The bank still faces an ongoing investigation by New York regulators.
Karnataka Coffee Planters Hit by Untimely Rains, Harvest Washed Away
Heavy rainfall in Chikkamagaluru and Hassan districts has washed away coffee beans from drying yards, causing significant losses for planters and threatening future crop quality.
Patna Airport to Add 3 Aerobridges, Taxiway by January
Jayprakash Narayan International Airport in Patna will soon have three more aerobridges and a new parallel taxi-track operational, increasing parking bays to 11 and improving flight efficiency.
Jasmine Hits Record Rs 14,000/kg in Madurai Ahead of Pongal
Jasmine bud prices skyrocketed to Rs 10,000-14,000 per kg at Madurai's Mattuthavani market before Pongal, doubling last year's peak. Frost and exports caused shortages, while sugarcane also rose but vegetables dropped.
Patna DM Inspects MMLP and Fintech City Projects
District Magistrate Thiyagarajan S M visited Fatuha to review land acquisition and construction progress for Bihar's first Multi-Modal Logistics Park and Fintech City, directing officials to accelerate work.
Insurance Team Assesses Rourkela Aircraft Crash Damage
An insurance team visited the force landing site near Rourkela to assess damage. Injured passengers remain in critical care, with one on ventilator support.
RBI Proposes Changes to Forex Position Rules
The Reserve Bank of India has proposed amendments to net open position rules for banks, aligning them with Basel standards and simplifying calculations.
JSW Motors to Launch Jetour T2 SUV in India This Year
JSW Motors plans to introduce the Jetour T2 SUV in India this year, marking a significant move in the competitive automotive market. Learn about its features and expected impact.
China Bans Nvidia H200 AI Chips in Trade War
Chinese customs authorities have reportedly banned Nvidia's high-end H200 AI chips from entering the country, escalating the silicon trade war with the US.
Railway Launches Wearable Tea-Coffee Vending Gadget
Waltair division introduces innovative wearable gadget for tea and coffee vending on trains, ensuring hygiene, temperature control and digital payments via QR code.
Indian JV Makes Dual Oil Discoveries in Abu Dhabi Onshore Block
Urja Bharat, an IOCL-BPCL joint venture, finds oil at two wells in Abu Dhabi's Onshore Block 1, marking a significant step toward India's energy self-sufficiency goals.
CII Calls for Green Hydrogen Mandates with Incentives
Industry body CII pushes for clear green hydrogen mandates supported by incentives to boost demand and help India transition to a cleaner industrial economy.
BPIA's Infrastructure Milestones Boost Aircraft Handling Capacity
Bhubaneswar's Biju Patnaik International Airport reveals new automation systems, expanded taxi tracks, and passenger growth trends while addressing operational challenges.
ACMA Forecasts Slower Auto Component Growth in H2
The Automotive Component Manufacturers Association president warns of a slowdown in the second half of the fiscal year, citing global economic pressures and supply chain issues.
Chennai Man Delivers Food on Wheelchair, Earns Rs 20,000
Lakshmanan Angamuthu, a paraplegic from Chennai, works as a Zomato delivery agent using his motorized wheelchair, overcoming challenges to earn Rs 20,000 monthly and inspire others with disabilities.
Essar Energy Transition Reports Record 2025 Domestic Sales
Essar Energy Transition achieves highest domestic sales since 2011 at its Stanlow refinery, driven by increased output and expanded operations in the UK.
Vizag Steel VRS: 350 Opt-Ins, Short of 600 Target
Around 350 employees at Vizag Steel Plant have opted for VRS in the third phase, missing the 600 target. Unions blame delayed salaries and uncertainty for the trend.
Silver Hits Record High After US Supreme Court Tariff Delay
Silver prices surged to a new all-time high at COMEX after the US Supreme Court delayed a ruling on Trump tariffs. Analysts see continued support for precious metals.
Festival Travel: Private Buses Hike Fares for Return Journeys
Passengers returning from Andhra Pradesh and Telangana face exorbitant bus fares as private operators exploit festival demand, with prices rivaling airfares.
Navi Mumbai Airport Denies Telecom Operators' Allegations
Navi Mumbai International Airport Private Ltd refutes telecom companies' claims about mobile connectivity issues and excessive infrastructure charges, explaining their neutral-host telecom model.
Tharoor: 75% Tariff Makes US-India Deal Unviable
Former Congress MP Shashi Tharoor calls for early conclusion of US-India trade agreement by Q1 2026, arguing 75% tariffs must drop to 15% for viable partnership.
Infosys Adds 5,000+ Employees in Q3
Infosys reported a significant workforce increase, hiring over 5,000 employees in the third quarter, reflecting strong growth and demand in the IT sector.
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