Sarkhej-Dholera Rail Survey Extended to Bhavnagar
The 134km semi-high-speed rail corridor from Sarkhej to Dholera is being surveyed for extension to Bhavnagar, enhancing connectivity to Dholera SIR, airport, and Lothal heritage complex.
Category : Business
Hyderabad Man Held in ₹264.8 Crore Fake ITC Racket
DGGI arrested Dhantla Aadi Reddy for masterminding a fake ITC racket involving ₹264.8 crore through 92 fictitious firms. He was remanded to 14-day judicial custody.
Fuel Price Hike in Gujarat Sparks Inflation Concerns
Fuel prices in Ahmedabad rose by Rs 3 per litre from May 15, with supply disruptions in Gujarat. Industries, transporters, and consumers fear rising inflationary pressures and operating costs.
Odisha Bus Fares Rise After Diesel Price Hike
Odisha government increased bus fares following a Rs 3.25 per litre diesel price hike. Ordinary and express fares rose by 2 paise per km, deluxe and AC deluxe by 4 paise, and super premium by 6 paise.
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Gadkari: Sugar industry must diversify into energy or face tough future
Union Minister Nitin Gadkari stated that the sugar industry's future is grim unless mills diversify into energy production, urging a shift to ethanol, isobutanol, and green hydrogen.
Three Firecracker Factories Sealed in Indore After Dewas Blast
Following a deadly blast at a firecracker factory in Dewas, Indore district officials sealed three factories and intensified safety inspections at hazardous units amid soaring temperatures.
Odisha Reserves Fuel Stations for Trucks, Buses for Diesel
Odisha transport commissioner and oil companies reserve specific fuel stations for trucks and buses to resolve diesel shortage, assuring solution within 48 hours.
Summer Power Tripping Disrupts Indore Industries
Indore industries face frequent power tripping and voltage fluctuations due to rising summer electricity demand, disrupting production and increasing costs.
Fuel price hike in Hyderabad adds burden on commuters
Petrol and diesel prices in Hyderabad have increased by over ₹3 per litre, raising concerns among commuters, cab drivers, and delivery workers about rising operational costs and stagnant fares.
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Fuel Shortage Fear Hits Vulnerable Groups Hardest in Bhubaneswar
Long queues and rising fuel prices in Bhubaneswar are impacting cab drivers, auto operators, delivery workers, and small business owners, threatening their livelihoods and local economy.
Bihar Youth's Corn Chips Venture Inspires Reverse Migration
Deepak Chaudhary, a 27-year-old from West Champaran, set up a corn chips unit after losing his job, now employing 28 people and inspiring others to start businesses, reducing migration.
SpaceX Accelerates IPO, Targets June 11 Nasdaq Pricing
SpaceX has moved up its IPO timeline, aiming to price shares on Nasdaq by June 11, according to sources. The accelerated schedule signals strong investor demand.
Kerala Forest Officers Held for Rs 1 Lakh Bribe
A section forest officer and a deputy ranger in Kerala were caught red-handed by the Vigilance and Anti-Corruption Bureau for demanding and accepting a bribe of Rs 1 lakh to exempt individuals from a forest case.
Himachal Imposes Rs 1 Per Unit Cess on Commercial Power
Himachal Pradesh government imposes additional cess of Rs 1 per unit on electricity for commercial consumers across 10 categories, including hotels, malls, private hospitals, and coaching institutes.
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New cheating case against ex-Yes Bank CEO Rana Kapoor
Mumbai police registered a fresh cheating and forgery case against former Yes Bank CEO Rana Kapoor and others for allegedly selling mortgaged assets below market rates, causing a loss of Rs 1,000 crore.
RERC Disposes Review on 3200 MW Thermal Power
The Rajasthan Electricity Regulatory Commission disposed of a review petition on a 3200 MW thermal power project without direct approval, directing discoms to assess optimal mix up to 4440 MW.
Navi Mumbai Municipal Corp to hike wages of 7,000 staff
Navi Mumbai Municipal Corporation proposes Rs 7,000-8,000 monthly wage hike for 7,000 contractual employees, backed by leaders and unions, to be voted on May 20.
India Imposes Windfall Tax on Petrol Exports, Cuts Diesel Levy
India has imposed a windfall tax on petrol exports while reducing the levy on diesel and aviation turbine fuel (ATF) in a move to balance domestic supply and global market conditions.
UAE to Store 30M Barrels in India's Strategic Reserve
India and UAE have agreed to store up to 30 million barrels of crude oil in India's strategic petroleum reserve, following PM Modi's visit to the UAE.
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Self-Reliance Crucial for National Security: Rajnath Singh
Defence Minister Rajnath Singh stressed Aatmanirbharta as critical for national security, launching projects including AMCA, naval systems, and drone city in Andhra Pradesh.
TNPDCL Auto-Debit for Electricity Bills via NACH
TNPDCL introduces auto-debit for low-tension consumers via NACH with Federal Bank. Consumers can register online; charges auto-debited on 10th day. Activists raise concerns.
Fuel Price Hike in Prayagraj Sparks Inflation Fears Among Consumers
Petrol and diesel prices rise by Rs 3 per litre and CNG by Rs 2 per kg in Prayagraj, drawing mixed reactions as consumers warn of inflation and higher costs of essential goods.
Fuel prices surge in Jaipur: Petrol up by Rs 3.25, diesel by Rs 3.02
Petrol and diesel prices in Jaipur increased by Rs 3.25 and Rs 3.02 per litre respectively, driven by global crude volatility and Gulf tensions, adding burden on consumers.
AIC-BHU and BFSI-SSC to Set Up Centre of Excellence
AIC-BHU and BFSI-SSC signed an MoU to create a Centre of Excellence for BFSI startups, offering mentorship, training, and industry networking at Varanasi.
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ITAT Chennai Upholds Registered Sale Deed Validity in Tax Case
ITAT Chennai ruled that a registered sale deed carries a strong presumption of validity, setting aside an AO's order that rejected a taxpayer's claim for long-term capital gains exemption under Section 54.
Diesel Crisis Hits Chromite Mining in Odisha's Sukinda Valley
Chromite mining in Odisha's Sukinda Valley faces a crisis due to diesel shortage amid West Asia tensions, impacting 10,000 workers. Daily diesel supply halved, forcing mines to scale down operations.
Haryana Power Discoms Seek Fuel Surcharge for Rs 8,200 Crore Arrears
Haryana's power utilities propose a 47 paise per unit fuel surcharge on 84 lakh consumers to recover over Rs 2,500 crore, potentially hiking bills by 10%. Hearing adjourned to June 10.
CBI Raids Multiple Locations in Haryana Bank Fraud Case
CBI conducted raids across multiple locations in connection with the alleged Rs 590 crore bank fraud involving Haryana government departments, targeting officials and beneficiaries.
CII-NIT Trichy Roundtable Aims to Strengthen Local Startups
CII Tamil Nadu and NIT Trichy's CEDI held a roundtable to assess Trichy's startup ecosystem, discussing infrastructure, skilling, and collaboration to support startups.
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UK businessman held for cheating Jaaved Jaaferi of Rs 17.5 cr
The property cell of Mumbai crime branch arrested UK-based Nishit Patel for allegedly cheating actor Jaaved Jaaferi and his wife Habiba of Rs 17.5 crore via a redevelopment scheme.
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