Chennai Market: Veg Prices Swing Before Pongal
High supply at Koyambedu wholesale market keeps some winter vegetable prices low, but fresh green peas and field beans surge up to 50% ahead of Pongal festival.
Category : Business
Ethamukkala Check Lungis File for GI Tag as 1800th Application
The unique handwoven lungis from Ethamukkala village in Prakasam district have become the 1800th application for geographical indication protection, aiming to safeguard their traditional weaving heritage.
RBI Extends Export Payment Window for Rupee Trade
The Reserve Bank of India has amended foreign trade rules, allowing exporters 18 months to realise proceeds for transactions invoiced and settled in rupees, up from 15 months for foreign currency deals.
IT Firms Incur Labour Code Charges: TCS Leads with Rs 2,128 Cr
India's top IT companies, including TCS and Infosys, recorded significant one-time charges due to new labour code implementation, impacting gratuity and leave liabilities.
Sebi Proposes Netting of Funds for Foreign Investors
Sebi proposes allowing foreign portfolio investors to net their daily cash market transactions, reducing fund transfers and enhancing operational efficiency in Indian markets.
Andhra's $10B Green Hydrogen Project Hits Milestone
A $10 billion green hydrogen and ammonia project in Kakinada reaches a construction milestone with CM Naidu attending the equipment ceremony, boosting India's clean energy exports.
RBI Gold Reserves Jump $1.6 Billion, Forex Hits $687.2 Billion
India's forex reserves rose $392 million to $687.2 billion as a sharp jump in gold value offset a fall in foreign currency assets. The RBI's strategy shows a clear shift toward diversification.
Mohan Lal Mittal, Father of Lakshmi Mittal, Dies at 99
Mohan Lal Mittal, the patriarch of the Mittal family and founder of their steel empire, passed away in London at age 99. His son Lakshmi Mittal praised his father's entrepreneurial vision and strong work ethic.
Wipro Q3 Revenue $2.6B, Tech Mahindra $1.6B
Wipro reported December quarter revenue of $2.6 billion with sequential growth, while Tech Mahindra posted $1.6 billion. Both IT giants show cautious optimism for Q4 amid muted demand.
SC Ruling Revives Tiger Global Tax Case, Investors Review
Income tax department revives assessment for Tiger Global's 2018-19 after SC order on Flipkart stake sale. Investors worry about tax planning implications.
US Tariff Hike Cripples Coimbatore, Tirupur; 3 Lakh Jobs Lost
Coimbatore and Tirupur face severe job losses and export decline after US imposed 50% tariff. Industries fear further damage if 500% tariff proposal on Russian oil buyers materializes.
Multi-Asset Funds Lead Returns as Markets Wobble
Multi-asset mutual funds delivered superior returns compared to equity and hybrid funds, benefiting from strong gains in gold and silver. Top funds achieved over 20% CAGR.
AMC to Monetise 4,113 Properties in Ahmedabad
Ahmedabad Municipal Corporation's new cell is hiring a consultant to develop a sales strategy for leasehold properties, including CG Road's Municipal Market, aiming to boost revenue.
Ambala Division Dominates Railway Awards
Ambala Division has secured top honors in the Railway Awards, showcasing outstanding performance in safety, efficiency, and passenger services across Haryana.
Ahmedabad FMCG Promoter Accused of Rs 2.82 Crore Fraud
An FMCG promoter in Ahmedabad allegedly used a fabricated UPSC success story to defraud a tech group of Rs 2.82 crore through inflated purchases and parallel firms, according to a CID Crime complaint.
AMC Demolishes Illegal Bungalow in Paldi After MLA Complaint
Ahmedabad Municipal Corporation's estate department demolished an illegal bungalow section in Paldi following a BJP MLA's complaint about Disturbed Areas Act violations.
Southern Railway Pongal Special Trains: Madurai, Rameswaram, Nagercoil
Southern Railway announces special train services for Pongal rush. Madurai-Rameswaram specials run Saturday and Sunday. Nagercoil-Tambaram superfast special operates Sunday.
Gujarat Gets Rs 5.78 Lakh Crore Investments, 6.26 Lakh Jobs
The Kutch-Saurashtra Vibrant Gujarat Regional Conference signed MoUs worth Rs 5.78 lakh crore for 5,492 projects, promising 6.26 lakh new jobs. Kutch led with Rs 1.25 lakh crore investments.
J&K Chief Secretary Calls for Faster House Building to Meet Demand
Jammu and Kashmir's Chief Secretary directs officials to accelerate housing construction to address the growing demand in the region, emphasizing timely project completion.
Doda's Lavender Revolution Fuels Agri-Tech Startup Boom in J&K
The Lavender Revolution in Doda district has catalyzed a surge of innovative startups in Jammu & Kashmir, transforming local agriculture and boosting the rural economy, as highlighted by a government minister.
Sebi Chief Pandey Unveils Market Reforms for Foreign Investors
Sebi chairman Tuhin Kanta Pandey announces reforms to ease foreign investment, introduce closing auctions, and boost market resilience at Mumbai conference.
IT Hiring Slows to 17 Net Additions in 9 Months
India's top five IT companies recorded only 17 net hires in the first nine months of FY2025-26, a sharp drop from 17,764 last year, as AI and automation reshape hiring models.
Court Orders Rs 4.12 Lakh Payout for Squint Surgery Claim
Valsad consumer court rules squint correction is medical, not cosmetic, directing New India Assurance to compensate a Navsari resident with Rs 4.12 lakh plus interest.
Postal Exports Get Major Boost with New Incentives
CBIC announces export incentive schemes like duty drawback, RoDTEP, and RoSCTL will now apply to postal shipments, boosting MSME competitiveness and cross-border e-commerce.
EPFO to Authorize 'Suvidha Providers' for PF Help
EPFO will soon authorize facilitators to help members access benefits and resolve PF account issues, eliminating office visits. A pilot is underway in Delhi.
Sugar Mills Owe Rs 4,390 Crore to Karnataka Farmers
Sugar mills in Karnataka owe a staggering Rs 4,390 crore to sugarcane farmers for the 2025-26 season, highlighting financial strain in the agricultural sector.
BDA Seeks State Help in Turahalli Forest Buffer Zone Row
The Bangalore Development Authority requests urgent government action to resolve the Turahalli forest buffer zone issue, which now affects 480 site allottees in south Bengaluru after a drone survey.
India's EV Push: Don't Abandon Combustion Engines Yet
India's rapid shift to electric vehicles faces challenges. Experts warn against abruptly phasing out internal combustion engines, citing economic and infrastructure hurdles.
India-EU FTA 'Mother of All Deals': Piyush Goyal
Commerce Minister Piyush Goyal calls the India-EU Free Trade Agreement the 'mother of all deals' as negotiations near completion, aiming for a win-win outcome.
US Stocks Rise on AI Enthusiasm, Dollar Near 6-Week High
Major US indexes gained slightly in volatile trading as chip stocks rallied on TSMC results. The dollar held near a six-week high amid strong jobs data, while gold fell and oil rose on supply concerns.
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