Income Tax Dept Joins RBI in Warning Against Crypto Risks
India's income tax department warns Parliament about crypto's anonymity and tax evasion risks, joining RBI's opposition. Learn about the regulatory challenges.
Category : Business
RBI Highlights Banking Strength, Calls for Vigilance
The Reserve Bank of India reports robust banking trends but urges continued preparedness against emerging domestic and global economic risks. Read the full analysis.
China Bans Rare-Earth Exports to Japan Over Taiwan Row
China bans exports of critical rare-earth magnets to Japan, escalating a geopolitical dispute. While Japan is prepared, global industries from EVs to wind turbines face supply chain turbulence. Explore the global ripple effects.
India's FY26 GDP Estimates: Manufacturing Up, Mining Contracts
India's manufacturing sector is set for robust 7% growth in FY26, while agriculture slows. Nominal GDP estimated at 8%. Get the full economic breakdown here.
US Tariff Cuts India Diamond Exports by Half
India's diamond exports to the US have nearly halved due to a 50% tariff, says De Beers CEO. Industry remains hopeful for a trade deal as domestic demand surges. Read more.
India's GDP beats estimate, fiscal deficit target in focus
India's nominal GDP for FY25 estimated at Rs 357.14 lakh crore, slightly above budget projection. Fiscal deficit target of 4.4% hinges on spending control. Read the full analysis.
Auto Firms Seek EV Curbs in India-EU Trade Deal
As India-EU FTA talks intensify, local automakers urge strict rules to prevent Chinese EVs from entering India via Europe at lower duties. Learn about the industry's demands for price thresholds and local value addition.
Telangana Genco Authorises LED Supply for 3 Years
Telangana Power Generation Corporation (TG Genco) has authorised Hyderabad's MIC Electronics to supply LED lighting for roads and power plants across the state for three years, boosting energy efficiency.
Priyank Kharge Reviews RBI's Regulatory Sandbox Framework
Karnataka's Minister for IT reviews RBI's regulatory sandbox to foster fintech innovation. Key focus on simplifying processes for startups and enhancing financial inclusion.
SBI Inaugurates First Indian Bank GCC in Bengaluru
State Bank of India opens its pioneering Global Capability Centre in Bengaluru, marking a major commitment to India's growing GCC ecosystem. Discover the bank's strategic move.
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.
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.
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