Telangana Mandates 10% TDR Usage in High-Rises
The Telangana government mandates 10% TDR usage in high-rises above 10 floors to boost market demand and help landowners benefit from development rights.
Category : Business
Mortgage Bond Profits Could Boost Corporate Debt Demand
Investors taking profits on US mortgage bonds may shift to corporate debt, narrowing spreads. Analysts note tight valuations and potential rotation amid record corporate bond sales.
EU-Mercosur Trade Deal Signed in Asuncion
European Union and South American Mercosur bloc sign major trade agreement after 25 years of talks, creating one of world's largest free trade areas despite farmer protests and geopolitical tensions.
Rudrapur Industrial Hub Struggles With Rail Connectivity Gap
Over three lakh migrant workers in Uttarakhand's Pantnagar Sidcul industrial belt face travel hardships due to absence of direct train services to Purvanchal and Bihar.
Mukund Purohit Named National Advisor for SME Chamber
India's SME Chamber of Commerce appoints Mukund Purohit as national advisor and Gujarat director, leveraging his 35+ years of SME expertise to drive growth and policy reforms.
New Railway Station Tendered Near Kochi Airport, 9-Month Deadline
Southern Railway invites tender for Rs 7.56 crore halt station in Nedumbassery, near Kochi airport. Construction must complete in nine months, easing airport access for passengers.
ICICI Bank Q3 Profit Falls 4% on RBI Agri Loan Move
ICICI Bank's net profit declined 4% to Rs 11,318 crore in Q3 FY25 after RBI-directed reclassification of agri loans led to higher provisions. The bank's board reappointed Sandeep Bakhshi for two more years.
Goa's Rs 2 Crore Airline Incentive Scheme Finalized
Goa CM Pramod Sawant announces a Rs 2 crore yearly incentive scheme for airlines introducing new routes and flights to boost tourism and connectivity.
HDFC, Yes, RBL Banks Post Strong Q3 Profits
HDFC Bank, Yes Bank, and RBL Bank reported improved profitability in the December quarter, driven by treasury gains and loan growth, despite rising operating costs from new labor codes.
CAG Audit Finds Serious Flaws in Goa EDC Loan Practices
The Comptroller and Auditor General's audit of Goa's Economic Development Corporation reveals systemic failures in loan management, including selective interest reductions and poor recovery efforts.
Odisha Drops in Startup Ranking, Officials Blame Data Delay
Odisha has fallen to the 'aspiring leader' category in the latest States' Startup Ranking, down from 'top performer' in 2022. State officials attribute the drop to delayed data submission during elections.
Bhubaneswar Housing Scheme at Risk Due to BDA Delay
Bhubaneswar Development Authority's failure to submit certified revenue village list for PMAY-U 2.0 jeopardizes housing benefits for thousands of families in the city.
Uttarakhand Named Startup Leader in National Rankings
Uttarakhand earns 'Leader' status in national startup ecosystem rankings. CM Pushkar Singh Dhami praises state policies and youth innovation efforts.
Trump to Sue JPMorgan Over Debanking Allegations
Former President Donald Trump announces plans to sue JPMorgan Chase, accusing the bank of improperly closing his accounts after the January 6 Capitol riot.
Berhampur Rock Garden Leased for 14 Years to Enhance Services
Berhampur Development Authority leases Ambapua rock garden for 14 years at ₹12 lakh annual rent. Private organization to manage operations, aiming for better visitor experience and revenue generation.
IndiGo Board Commits Action After DGCA's ₹22.20 Crore Penalty
IndiGo's board pledges to address DGCA findings after regulator imposes ₹22.20 crore fine for massive December 2025 disruptions affecting over 3 lakh passengers.
Cognizant Starts Vizag Ops Jan 26, Eyes 25,000 Jobs
Cognizant begins IT operations in Visakhapatnam from January 26 with 800 employees. The company plans a permanent campus for 25,000 staff, while TCS also starts in February.
GTRI Urges Tariff Overhaul to Boost India's Manufacturing
Think tank GTRI recommends simplifying India's complex import tariff structure and customs procedures to reduce trade costs and enhance manufacturing competitiveness.
Vijayawada RISE Centre Aims for 5,000 Women Entrepreneurs
The RISE centre in Vijayawada's NTR district is transforming women's business ideas into successful enterprises, with over 1,000 already supported and a new target of 5,000 entrepreneurs under the 'one family, one entrepreneur' initiative.
Ethamukkala Lungis File for GI Tag as 1,800th Application
The traditional handwoven check lungis from Ethamukkala village in Andhra Pradesh have become the 1,800th application for geographical indication protection, aiming to safeguard their unique heritage and quality.
DGCA fines IndiGo ₹22.2 crore for pilot rule violations
India's aviation regulator DGCA has fined IndiGo ₹22.2 crore for failing to comply with new pilot rest rules, causing 4,500 flight cancellations in December. Experts call the penalty insufficient.
Alliance Air Enhances Northeast Air Links in Summer
Alliance Air reintroduces flights connecting Silchar, Imphal, Aizawl, Shillong, and Passighat from March 29 to October 24, improving regional air connectivity with enhanced frequency and better same-day travel options.
Andhra Breeders Invest Lakhs in Champion Roosters Post-Sankranti
Following the Sankranti cockfighting season in Andhra Pradesh, breeders are spending heavily on winning roosters to develop superior Aseel chicken strains for next year's contests.
LIC Told to Ramp Up Digital Marketing for Insurance Coverage
Financial Services Secretary M Nagaraju directs LIC to intensify digital and mobile strategies to achieve national insurance coverage targets and improve customer engagement.
Mangaluru Student Launches SaathiShift for Elderly
Lauren Jayapreeth, a BSW student from Roshni Nilaya, starts SaathiShift to provide personalized companionship services for senior citizens in Mangaluru.
Polavaram Project Cost Soars to ₹62,436 Crore
The Polavaram irrigation project's cost has surged six-fold to ₹62,436 crore due to delays, design changes, and rising rehabilitation expenses, posing financial challenges for Andhra Pradesh.
Belagavi Maize Harvest: Bumper Crop, Limited Govt Procurement Sparks Farmer Worries
Belagavi district records over 6.9 lakh tonnes maize harvest but limited government procurement under Market Intervention Price scheme raises distress sale concerns among farmers.
SWR Tankers for Cement to Cut Costs by 30%
South Western Railway introduces specialised tankers for cement transport, reducing costs by 30% and lowering retail cement prices by Rs 20-30 per bag.
Rajhara Coal Mine Reopens in Daltonganj After 14 Years
Union Minister Satish Chandra Dubey inaugurated the reopening of Rajhara open cast coal mine in Daltonganj, ending a long hiatus since 2010. The mine, owned by CCL, will now operate normally with a 0.3MTPA capacity.
Buffett's Kitchen Lesson: Why He Said No to Daughter
When billionaire Warren Buffett's daughter asked for $41,000 to remodel her kitchen, his response became a parenting lesson about responsibility, fairness, and self-reliance that still resonates today.
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