ITC stock target price cut 26% after tobacco tax hike
Major brokerages downgrade ITC and cut target price by up to 26% following a proposed sharp hike in taxes on tobacco products. The stock fell over 13% in two sessions. Read more.
Category : Business
Rs 42,000 Cr Investment in Electronics Components Approved
Centre approves 22 proposals from Samsung, Foxconn, Tata & others under ECMS to boost domestic production, cut imports. Investments to create Rs 2.6 lakh crore output.
Milma TRCMPU Announces Rs 4.15 Crore Dairy Farmer Bonus
Milma's Thiruvananthapuram union announces a Rs 4.15 crore incentive. Dairy farmers to get Rs 3/litre extra for Oct 2025 milk. A major New Year boost for the sector.
Kochi's Thammanam-Pullepady Road Project Moves Ahead
Kerala govt approves land acquisition for Kochi's crucial 4km east-west corridor. Project aims to ease city congestion after decades of delay. Read details on compensation & timeline.
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Govt Extends Meenesh Shah's NDDB Tenure by 3.5 Years
The Government of India has extended Meenesh Shah's tenure as NDDB Chairman for three-and-a-half years. Discover his key roles and impact on India's dairy sector.
Vande Bharat Stops for 1 Hour After Bird Strike
A Vande Bharat Express train was halted for nearly an hour near Bengaluru after a bird strike damaged its power supply. The incident occurred on Friday afternoon. Read the full details here.
Kamaraj Road in Bengaluru Fully Reopens After 6-Year Closure
Bengaluru's key Kamaraj Road stretch between MG Road and Cubbon Road is now fully open, ending a six-year closure for Metro work. This move is set to significantly improve traffic flow and connectivity between Commercial Street and Brigade Road. Read more
500 Acres in Noida for AI & Fintech Hub by YEIDA
YEIDA earmarks 500 acres in Sector 11 for an AI and financial services hub. The plan includes data centres and aims to attract global firms, boosting Noida's tech ecosystem. Read more.
Mumbai Metro 3 Improves Life for Seniors, Professionals
Mumbai's Metro 3 Aqua Line is transforming daily commutes and social lives. Retired couples and young professionals share how the new infrastructure saves time, reduces stress, and opens up the city. Discover the impact and the challenges that remain.
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Chennai Metro's 2025 Ridership Soars to Record 11.19 Crore
Chennai Metro Rail (CMRL) achieves its highest-ever annual ridership of 11.19 crore passengers in 2025. Discover the growth journey, digital ticket discounts, and future outlook for Chennai's urban transit.
TSX Rises 0.5% in 2026 Opening, Energy Shares Jump
Canada's TSX composite index started 2026 with a 0.5% gain, led by surging uranium and energy shares, despite weak manufacturing data. Read the full market analysis.
PHL Variable Insurance Faces Liquidation, Legal Action Looms
Connecticut regulators abandon rehab plan for PHL Variable Insurance, may liquidate. A $2.2B shortfall found. Policyholders' $500M+ withheld. Potential lawsuit against Golden Gate Capital. Read for details.
Oil Steady at $61 as Supply Surplus Offsets OPEC Risks
Oil markets opened 2026 cautiously as a forecast 3.8 million barrel daily surplus counters Middle East tensions. Key OPEC meeting set for Jan 4. Read the full analysis.
Kolkata Metro Airport-Birati Work Starts After Puja
Construction of the 6.8 km Kolkata Metro Yellow Line extension from the airport to Birati has officially begun. The Rs 1,330 crore project, awarded to Cemindia, aims to enhance connectivity to Barasat. Read the latest updates.
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Kolkata Delivery Partners Strike Over Low Wages
Around 60 e-commerce delivery partners in Kolkata's Tollygunge are on strike demanding better pay. Services disrupted in Bansdroni area. Read the full story.
Kolkata's 'Mini Bangladesh' hit by 2nd year of tourist slump
Central Kolkata's 'Mini Bangladesh' area sees a sharp drop in Bangladeshi tourists for the second consecutive Dec-Jan season, hurting traders and hoteliers. Read about their cautious hope for the new year.
Dow Rises on Nvidia, Intel Gains; Trump Delays Furniture Tariffs
The Dow Jones ended higher, snapping a four-day losing streak, led by gains in Nvidia and Intel. Furniture stocks surged after Trump postponed tariff hikes. Tesla slid on weak sales. Key market insights for 2026.
Footwear factory in Malappuram gutted in major fire
A footwear manufacturing unit in Malappuram's Aravankara was destroyed in a major fire on Friday. 11 fire tenders fought for 6 hours to control the blaze. Suspected cause is a short circuit.
7 Oil Tankers Avoid Venezuela Amid US Sanctions Threat
US sanctions force oil tankers to avoid Venezuela, hitting Maduro's regime. Storage fills, production plunges. Chevron continues under license. Read the latest.
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AP Tobacco Farmers Protest Central Tax Hike
Thousands of tobacco farmers in Andhra Pradesh protest against the Centre's steep tax increase, warning it will destroy livelihoods and boost illegal smuggling. FAIFA demands a rollback.
Goa Launches Digital Land Survey for Urban Property Cards
Goa government begins a landmark digital land survey this month to update records and issue Urban Property Cards (UrPro) in Panaji, Margao, and Cuncolim. Learn about the process and how landowners can participate.
Two New BSRB Branches Approved for Bihar's Supaul & Madhubani
Bihar Finance Minister Bijendra Yadav approves two new BSRB branches in Parsarma and Laukaha to boost rural banking and financial inclusion. Details inside.
Parandur Airport Social Audit Nears Finish, Villagers Resist
TIDCO nears completion of a landmark social audit for Chennai's Parandur airport, aiming to reshape compensation. Villagers in two key villages continue legal resistance over land acquisition concerns.
Dollar Strengthens in 2026, Focus on Fed Chair and US Data
The US dollar starts 2026 stronger as markets await crucial US jobs data and President Trump's Fed chair nominee. The yen remains weak despite BOJ hikes. Key insights for investors.
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Goa GST Collections Fall 3% in December
Goa reports a 3% drop in GST revenue for December, with CM Pramod Sawant citing a slowdown. State among 12 with declining collections. Read the full analysis.
VMRDA Plans 25,000 Middle-Income Plots in Vizag by 2026
VMRDA announces ambitious plan for 25,000 middle-income plots in Visakhapatnam by 2026, along with key goals for infrastructure and citizen-centric reforms. Learn about the new initiatives.
Andhra Pradesh GST Collections Jump 5.78% in Dec 2025
Andhra Pradesh's net GST revenue surged to a record ₹2,652 crore in December 2025, marking 5.78% growth despite major tax reductions. Discover how the state outpaced the national average.
Goa Clears 8 Startups for Rs 10 Lakh Seed Funding
Goa's empowered committee, led by CM Pramod Sawant, approved seed capital for 8 innovative startups from 27 applicants. The state also funded 10 student tech projects, boosting its startup ecosystem.
Patna Road Projects Worth Rs 528 Cr Reviewed by RCD Secretary
RCD Secretary Pankaj Kumar Pal inspected major Patna road projects under CM's Pragati Yatra. Key works on Nehru Path, Rupaspur Canal Road & AIIMS link see progress. Details inside.
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Canadian Dollar Falls as Factory PMI Stays in Contraction
The Canadian dollar extended its weekly decline against a strong US dollar, pressured by an 11th month of manufacturing contraction. Get the latest on CAD, PMI data, and bond yields.
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