Fresh Tenders for Vijayawada Railway Station Redevelopment
Indian Railways will issue new tenders for the Vijayawada station redevelopment project worth Rs 946.60 crore under the PPP model, aiming for an airport-like facelift.
Category : Business
Thunderstorms Disrupt Visakhapatnam Airport Flights
Heavy thunderstorms on Tuesday night forced two flights to divert from Visakhapatnam International Airport to Bhubaneswar and Rajahmundry, causing delays.
Sawantwadi station to be renamed after Madhu Dandavate
Maharashtra cabinet approves renaming Sawantwadi railway station as 'Lokmanya Madhu Dandavate Railway Terminus' in honor of the Konkan Railway architect.
India Office Fit-Out Costs: Mumbai, Delhi-NCR, Bengaluru Lead
India remains cost-competitive in Asia-Pacific office fit-out costs. Mumbai leads at Rs 6,567/sq ft, followed by Delhi-NCR and Bengaluru, while emerging cities offer affordable alternatives.
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India crude processing falls in April amid Middle East disruptions
India's crude oil processing dropped 8.9% in April from March due to Middle East supply disruptions and refinery maintenance. Throughput fell to 21.39 million tonnes, with refiners turning to Latin America and Africa for crude.
Mangaluru Man Cheated of Rs 3.5 Lakh in Forex Scam
A 45-year-old man from Mangaluru was cheated of Rs 3.5 lakh after being lured into a forex trading scheme promising 7% returns. A case has been registered.
Man booked for bank fraud with fake gold in Padubidri
Padubidri police have registered a case against Rajeev Kalayathinalkuzhiyil Kuttappan for allegedly cheating a private sector bank by pledging fake gold ornaments and availing a loan of approximately Rs 3.5 lakh.
Mangaluru MLA Urges KIOCL-NMDC Merger for Revival
Mangaluru City North MLA Y Bharath Shetty urged Union Minister HD Kumaraswamy to merge KIOCL with NMDC, citing revival and industrial development, while also pressing for mining permissions and new industries.
GIC Net Profit Up 3.3% to Rs 2,254.2 Crore in Q4 FY26
General Insurance Corporation of India posted a net profit of Rs 2,254.2 crore for Q4 March 2026, up 3.3% YoY, despite a sharp decline in investment income and narrowing underwriting losses.
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Bank Deposit Rates Likely to Rise as CD Costs Surge
Certificate of deposit rates jumped 60-70 basis points in May, signaling tighter liquidity and potential increases in retail deposit rates, even without immediate RBI policy rate hikes.
LPG Distributors Accuse OMCs of Forced Commercial Cylinder Sales
LPG distributors in Rajasthan allege OMCs force billing of 19-kg and 5-kg commercial cylinders despite domestic LPG shortage, causing long waits for refills and financial burden.
Rajasthan ODOP Policy Amended to Boost Local Industry
Rajasthan's ODOP Policy 2024 is amended to include expansion projects and technical upgradation via private institutions, with grants up to Rs 20 lakh and additional budget of Rs 15 crore.
Rajasthan Revises Trade Licence Fees After 7 Years
Rajasthan government revises trade licence fees for hotels, restaurants, and small businesses for first time since 2017, with hikes up to 5 times, impacting traders and vendors.
Rupee falls 44 paise to 95.70 against US dollar
The Indian rupee weakened by 44 paise to close at 95.70 against the US dollar on Tuesday, pressured by geopolitical tensions in West Asia, rising crude oil prices, and a stronger dollar.
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Diversity, Trust Anchor Canada-India Economic Ties: Goyal
Union Minister Piyush Goyal emphasized diversity and trust as pillars of Canada-India economic relations during his Toronto visit, highlighting trade and investment opportunities.
Tata Steel to Upgrade Jamshedpur's Mango Civic Amenities
Tata Steel will repair infrastructure, beautify roads, install CCTV cameras, and build parks in Mango Municipal Corporation area, enhancing safety and liveability.
Govt to Sell Up to 2% in Coal India via OFS Wednesday
The Indian government will sell up to 2% stake in Coal India through an offer for sale starting Wednesday, aiming to raise funds as part of its disinvestment target of Rs 80,000 crore for FY27.
Don't Panic: Economy Not Like 1991 or 2013
Economists reassure that India's current economic challenges are not as severe as the 1991 crisis or 2013 taper tantrum, with strong fundamentals and policy buffers in place.
Teen Dies in Wall Collapse at Bengaluru Construction Site
A 17-year-old construction worker died and another was injured when an under-construction compound wall collapsed at Chikka Banaswadi, Bengaluru. Police registered a case of negligence.
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Coimbatore Proposes Dual Bus Terminal and Truck Yard at Vellalore
Coimbatore corporation plans a dual-concept bus terminal and truck yard at Vellalore, with a Rs 148 crore estimate sent to the Directorate of Municipal Administration.
US-Iran War Fallout: Fuel Price Hikes Hit India's Economy
Three months after US-Iran war, India faces fuel price hikes impacting inflation, growth, and fiscal deficit. Experts analyze RBI's rate decision and economic resilience.
Fuel Price Hike in Bokaro Hits Residents, Businesses
Rising petrol and diesel prices in Bokaro have increased operational costs for sweet shops, restaurants, and vendors, forcing price revisions on food items and vegetables.
Hope Farm Underpass Work Begins After 11-Year Delay
After over a decade, work on the Hope Farm Junction underpass in east Bengaluru has started, with a 200-day deadline. The Rs 35-crore project aims to ease congestion at a major choke point.
Coal India OFS: Govt to Sell 2% Stake at Rs 412/Share
The Indian government will sell up to 2% stake in Coal India via an Offer for Sale (OFS) with a floor price of Rs 412 per share. The OFS opens on Wednesday, as per PTI reports.
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Wall Street Rises on Iran Hopes, Tech Gains
Wall Street climbed on Tuesday as Iran talks progress, tech stocks surged, and bond yields eased. Micron jumped 11% on price target hike, while oil prices remained volatile.
Goyal Leads Largest Indian Business Delegation to Canada
Commerce Minister Piyush Goyal leads India's largest business delegation to Canada to accelerate CEPA negotiations, aiming to boost bilateral trade and investment.
Irdai links insurance executives' pay to customer service metrics
Irdai has mandated that insurers tie the remuneration of MDs, CEOs, and senior executives to customer-centric outcomes like claim responsiveness and grievance redressal, effective immediately.
India's GCC Boom: 14 Emerging Cities See 11% CAGR
India's Global Capability Centers expand beyond tier I cities, with 14 emerging cities growing at 11% CAGR and 42% job growth, while 220+ GCCs operate nationwide.
Taiwan Stock Market Overtakes India Driven by TSMC AI Boom
Taiwan's stock market value has surpassed India's, fueled by TSMC's 49% surge due to AI demand, while India faces rupee weakness and foreign outflows.
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Tata Sons Board Meeting Ends Amid Leadership Concerns
Tata Sons board meeting concluded in Mumbai amid reports of leadership discussions and concerns over losses in unlisted businesses, with Noel Tata raising issues.
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