RBI Dividend Rules Could Mean More Government Payouts
The Reserve Bank of India proposes letting banks pay up to 75% of net profit as dividends, potentially increasing government receipts from public sector banks.
Category : Business
165 Rajasthan Marble Mines Face Shutdown Over Aravalli Mapping
Mining operations at 165 marble quarries in Rajasthan's Didwana-Kuchaman district are on hold after a satellite survey placed them within the Aravalli Polygon, threatening thousands of jobs.
Gujarat Startup Boom: Software, Foodtech Lead Growth
Gujarat's startup ecosystem has become one of India's largest, with software, foodtech and healthtech sectors driving nearly half of all registered ventures. The state celebrates National Startup Day with a decade of Startup India progress.
DDA Advances Swiss Challenge Projects in Dwarka
Delhi Development Authority moves forward with three major PPP projects in Dwarka using the Swiss Challenge method to fast-track infrastructure development.
Delhi Homes Shift from LPG to PNG, See 37% Surge in 4 Years
Delhi households are rapidly switching from LPG cylinders to piped natural gas, with PNG connections jumping 37% in four years. The shift reflects consumer preference for convenience and stable pricing.
Jharkhand Farmers Learn Modern Farming at ISARC Varanasi
Thirteen farmers from Chatra district visited ISARC Varanasi to learn about climate-resilient agriculture, resource-efficient tech, and sustainable practices through hands-on demonstrations.
Ladakh Hoteliers Seek Better Connectivity, Infrastructure
Hotel owners in Ladakh are urging authorities to enhance connectivity and infrastructure to boost tourism and support the local economy in the region.
SIR Filing Deadline Extended for 3 States, 2 UTs
The government has extended the deadline for filing the Statement of Income and Revenue (SIR) for three states and two union territories, providing relief to taxpayers.
GBA's Hejje Gala Promotes Active Commuting in Bengaluru
The Global Business Alliance launches Hejje Gala, an active mobility challenge encouraging Bengaluru's corporate employees to adopt walking and cycling for daily commutes.
BDA E-Auction: 83 Bengaluru Sites on 'As Is' Basis
The Bangalore Development Authority will auction 83 sites through e-auction starting January 27. Interested applicants must submit applications by February 13.
Bengaluru Gig Workers Oppose 10-Minute Delivery
Gig workers in Bengaluru are urging companies to publicly denounce unrealistic 10-minute delivery promises, citing safety risks and unfair pressure on delivery personnel.
Kerala Launches EVolve Incubation for Electric Mobility Startups
Kerala Startup Mission partners with TrEST Research Park to launch EVolve, a six-month deep-tech incubation program for electric vehicle innovators. Applications open until Jan 27, 2026.
India's Trade Deficit Widens to $25.04 Billion in December
India's trade deficit increased to $25.04 billion in December 2024, driven by higher imports outpacing export growth. This marks a significant widening from previous months.
Karnataka Attracts Rs 4.71 Lakh Crore Investment in 11 Months
Karnataka has secured investments worth Rs 4.71 lakh crore over the past 11 months, as announced by Minister MB Patil, boosting the state's economic growth and industrial development.
SC Rules Against Tiger Global in Walmart Tax Case
India's Supreme Court has dismissed Tiger Global's appeal in a tax case related to the Walmart-Flipkart deal, upholding a lower court's decision and setting a precedent for foreign investments.
Iran Unrest Stirs Unease Among Punjab, Haryana Rice Exporters
Political turmoil in Iran creates uncertainty for Indian basmati rice exporters from Punjab and Haryana, with divided opinions on shipment and payment impacts.
IndiGo Under DGCA, CCI Scrutiny After Flight Issues
India's aviation regulator DGCA terminated four IndiGo flight operations inspectors, while the Competition Commission initiated a suo motu inquiry into the airline's practices.
Karnataka Sugar Mills Face Rs 4,000 Crore Loss Over FRP Hike
Chief Minister Siddaramaiah's directive to increase sugarcane payments by Rs 400 per tonne has put Karnataka sugar mills under severe financial strain, with potential losses reaching Rs 4,000 crore.
Budget Must Spur Deeper Reforms for India
Experts call for the upcoming budget to focus on deeper reforms to boost India's economy, addressing key sectors and long-term growth challenges.
Man Dies in Bhubaneswar Drain, Locals Demand Safety Covers
A 45-year-old man died after slipping into an uncovered drain at Salia Sahi slum in Bhubaneswar. Residents allege authorities ignored repeated complaints about the dangerous open drains.
Kochi Water Metro Cuts Charter Rates for Events
Kochi Water Metro reduces ferry charter charges significantly, making waterways more affordable for parties, weddings, and corporate outings, aiming to double monthly bookings.
GJEPC Seeks Carat Tax, Duty Cuts for Diamond Hub Plan
The Gem & Jewellery Export Promotion Council urges tax reforms, including a Belgian-style carat tax and reduced import duties, to make India a global diamond trading hub like Antwerp and Dubai.
Goa's Tax Holiday Offer Fails to Attract Industries
Chief Minister Pramod Sawant's budget proposal offering tax holidays for large investments in Goa has received no takers. Industries cite land scarcity and high costs as key barriers.
SC: Tiger Global Must Pay Tax on Flipkart Sale
The Supreme Court overturned a Delhi High Court order, ruling that Mauritius-based Tiger Global entities are liable to pay capital gains tax in India for their 2018 sale of Flipkart shares to Walmart.
US Data Dampens Rate Cut Hopes, Yields Rise
U.S. Treasury yields rose as strong jobless claims and import prices data reduced expectations for near-term Federal Reserve interest rate cuts.
Ludhiana Hosiery Unit Fire: Workers Escape, Two Hospitalized
A major fire erupted at a hosiery unit in Ludhiana's Deep Nagar on Thursday afternoon, causing panic. Workers had a narrow escape, with two hospitalized for smoke inhalation. Firefighters battled the blaze for hours.
Haryana to Build Kinnow Juice Plant in Sirsa via PPP
Haryana's agriculture minister announces a joint venture for a modern fruit processing plant in Sirsa. The facility will handle kinnow, guava, and pomegranate, boosting farmers' incomes and reducing waste.
Google Launches Market Access Program for Indian AI Startups
Google introduces a new Market Access Program to help Indian startups scale globally. The initiative includes enterprise training, global networking, and immersion programs.
Bengaluru Metro Improves Household Finances, Loan Repayment
A new study reveals Bengaluru's Metro connectivity reduces vehicle purchases, lowers transport costs, and improves loan repayment behavior for residents along Purple Line.
Gold Falls on Dollar Strength, Easing Iran Tensions
Gold prices dropped as strong US jobless data boosted the dollar and Trump's moderated Iran stance reduced safe-haven demand. Silver and other metals also declined.
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