Punjab Restarts FRK Empanelment Mid-Season, Trade Worried
Punjab State Grains Procurement Corporation reissues RFP for fortified rice kernel manufacturers mid-kharif season, creating uncertainty for rice millers and raising contract law questions.
Category : Business
SpaceX Buys xAI in Record $250B Deal Before Mega IPO
Elon Musk's SpaceX acquires artificial intelligence startup xAI in a landmark $250 billion deal, creating a combined entity valued at $1 trillion ahead of a massive $1.5 trillion IPO.
Valsad Construction Mishap: Scaffolding Falls Near Road
A portion of scaffolding fell 19 meters from an under-construction water tank in Valsad's Kalyan Baug area, landing dangerously close to a public road. No casualties were reported in the incident involving a Rs 54 lakh tank.
Maharashtra Grape Harvest Drops 40-45% Due to Extended Monsoon
Maharashtra's grape harvest faces severe decline with output down 40-45% in key belts due to prolonged rainfall disrupting vine development. Nashik, Pune, Sangli, and Solapur regions affected.
Budget 2026: No Direct Tax Relief for Individuals, Says Expert
International tax expert Mukesh Patel criticizes Union Budget 2026 for lacking direct tax relief for individual taxpayers, calling it a 'local shuttle' despite Viksit Bharat vision.
Growth Priority, More PSU Divestment: FM Sitharaman
Finance Minister Nirmala Sitharaman emphasizes growth as priority, outlines fiscal consolidation path, and reveals plans for increased PSU divestment and asset monetization in post-Budget briefing.
Surat Metro: 6 Buildings Evacuated During Tunneling
Six vulnerable buildings in Surat's Chowk Bazaar area evacuated due to metro tunneling work. Residents relocated to hotels as precautionary measure by GMRC.
BDA Raises Rs 2,097 Crore from Bengaluru Land Auction
Bangalore Development Authority auctions 52-acre commercial plot in Konadasapura for Rs 2,097 crore, marking a strategic shift from residential to commercial land dealings.
India-US Trade Deal Finalized, Tariff Cuts Announced
The long-awaited India-US trade deal has been finalized, with President Trump announcing tariff reductions. Experts predict a stock market surge, with Nifty 50 potentially breaking 25,500. Key sectors like pharma, auto, IT, and textiles are expected to be
DSR Technique Helps Haryana Paddy Farmers Earn Incentives
Haryana farmers are adopting the Direct Seeded Rice technique to reduce water usage and labor costs, earning government incentives for sustainable agriculture practices.
India-US Trade Deal: Tariffs Cut from 50% to 18%
India and the US announce a landmark trade agreement reducing tariffs from 50% to 18%, following a phone call between PM Modi and President Trump. The deal ends months of uncertainty and includes commitments on energy purchases.
Bajwa Questions Punjab's Export Benefits from India-EU FTA
Punjab Congress leader Partap Singh Bajwa raises concerns about infrastructure gaps limiting Punjab's export potential under India-EU Free Trade Agreement despite government claims of growth opportunities.
FM Sitharaman: Low Currency Confidence Drives Gold Volatility
Finance Minister Nirmala Sitharaman attributes recent gold price volatility to low confidence in global currencies, noting aggressive central bank buying as a key factor.
Gujarat GST Growth 11.3% in Jan, Beats National Average
Gujarat's GST revenue rose 11.3% year-on-year in January 2026 to Rs 7,742 crore, significantly higher than India's 6.2% growth. Total state tax collections reached Rs 11,557 crore.
Ahmedabad's Subhash Bridge Repair Faces Delays
Ahmedabad Municipal Corporation will issue a new tender for Subhash Bridge repairs after receiving only one bid. The bridge has been closed since December 4 due to structural issues, causing traffic congestion.
India-US Trade Deal: Exports Get Competitive Boost
The India-US trade deal reduces tariffs to 18%, making Indian garments, leather, footwear, carpets, and shrimps more competitive against Bangladesh, Sri Lanka, and Turkey. Businesses await full clarity as exports to the US rose 11.3% to $59 billion.
Sensex Gains 1.2%, Recovers Over Half Post-Budget Losses
Indian stock markets staged a strong recovery on Monday, with Sensex gaining 1.2% to reclaim more than half of Sunday's post-Budget losses. The rally came despite concerns over STT hike impact on F&O trading.
India-US Trade Deal: Tariffs Cut to 18% After Modi-Trump Talks
India and the US announce a bilateral trade deal reducing tariffs on Indian imports to 18%. PM Modi and President Trump discuss ending Russian oil purchases and boosting US energy exports.
Amit Shah: US-India Trade Deal to Strengthen Ties, Boost Growth
Union Home Minister Amit Shah declares the US-India trade agreement with 18% tariff reduction as a landmark achievement that will enhance bilateral relations and foster mutual economic growth.
SCCL CMD Vacancy Stalls Telangana's Green Energy Projects
Singareni Collieries Company Limited (SCCL), India's major coal producer, operates without a full-time CMD for 1.5 months, delaying green energy initiatives and critical mineral exploration in Telangana.
India's Shift from Brawn to Brain Power for Growth
India must transition from labor-intensive industries to knowledge-based sectors like AI and tech to drive sustainable economic growth and global competitiveness.
Bengaluru Unions Vow Fight After SC Minimum Wage Plea Dismissal
Workers' unions in Bengaluru, including the Domestic Workers Rights Union, have vowed to continue their fight for minimum wage after the Supreme Court dismissed their petition. The unions issued a joint statement reaffirming their commitment to labor righ
India-US Trade Deal: Business Leaders React to Tariff Reduction
Industry leaders welcome the landmark India-US trade deal with tariff reductions, viewing it as strengthening bilateral economic ties and unlocking opportunities across sectors.
Kerala CM Demands Probe Into Businessman's Death During IT Raid
Kerala Chief Minister Pinarayi Vijayan has written to Union Finance Minister Nirmala Sitharaman demanding a judicial inquiry into the death of Confident Group chairman CJ Roy during an income tax search operation in Bengaluru.
India-US Trade Deal Strengthens Alliance Against China
The recent India-US trade agreement, reducing tariffs from 50% to 18%, solidifies India's role as a strategic US ally and counterbalance to China in global trade. This pact addresses capital outflow concerns and boosts market confidence.
Kolkata Metro Orange Line Delayed to 2028 Over Chingrighata
Kolkata Metro's Orange Line faces a one-year delay to mid-2028 due to unresolved traffic blocks at Chingrighata crossing, with officials citing state permission hurdles and funding assurances.
India-US Trade Deal: Trump Cuts Tariffs, Modi Thanks for 18% Rate
India and the US announce a landmark trade deal with US tariffs on Indian goods reduced from 25% to 18%. PM Modi and President Trump praise the agreement, highlighting strengthened bilateral ties and economic cooperation.
Budget 2026 Criticized for Skipping Inclusion Turn
India's Union Budget 2026 faces criticism for failing to address inequality and gaps in social investment, with experts highlighting a development vision that remains limited to messaging.
Nashik Car Parking Project Fails to Attract Bidders Again
The Nashik Municipal Corporation's Rs 30-crore multi-level car parking project at Raviwar Karanja has failed to draw private interest for the fourth time, despite being crucial for the 2027 Simhastha Kumbh Mela.
India-US Trade Deal: GTRI Urges Caution on Trump's Claims
While US President Donald Trump announced tariff cuts for India, think tank GTRI warns of unanswered questions. Claims about India stopping Russian oil imports and $500B US purchases lack official confirmation.
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