CBI Raids Reliance Communications Across Three Cities
The CBI conducted searches at seven locations in Mumbai, Gurugram, and Bengaluru in a case against Reliance Communications Ltd, seizing incriminating documents.
Category : Business
India Bans Sugar Exports Until Sept 2026 (15.05.2026)
India has prohibited sugar exports until September 30, 2026, to ensure domestic supply and prevent price hikes. Exceptions include EU and US quota shipments.
Gold Duty Hike Hits Artisans, Business Down by 80%
The revision in gold duty structure has severely impacted artisans in Mumbai's Zaveri Bazaar, with business plummeting and livelihoods at risk.
Kolkata real estate stakeholders welcome ULCRA repeal, seek safeguards
Real estate stakeholders in Kolkata welcome BJP state president's statement on repealing ULCRA, but caution against speculative hoarding, land monopolies, and price escalation. Experts suggest safeguards including EWS housing, wetland protection, and digi
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Maharashtra OKs 4 Expressway Projects in Vidarbha Worth Rs 51,906 Cr
Maharashtra government approves four expressway projects in Vidarbha spanning 550 km with a total cost of Rs 51,906 crore to boost connectivity and development.
One dead, 23 injured in air blast at ECL colliery
A roof fall triggered a powerful air blast at Eastern Coalfields Limited's Parasia colliery, killing one worker and injuring 23 others. The incident occurred in Jamuria, West Burdwan.
Rs 530 Crore Assets of Gameskraft Seized
The Enforcement Directorate has seized assets worth Rs 530 crore of Gameskraft, a rummy game app operator, under the Prevention of Money Laundering Act.
MSEDCL Plans Rs 603 Crore Power Upgrade in Nagpur
MSEDCL announces a Rs 602.98 crore infrastructure upgrade for Nagpur district, funded by ADB, to reduce outages and voltage fluctuations.
Nagpur Gold Market Hit by Price Surge and Duty Hike
Nagpur's historic Sarafa Oli gold market faces a downturn with soaring gold prices and increased import duties, leading to empty shops and anxious traders. Demand has dropped significantly.
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Nagpur Ashok Square Rotary Traffic Woes Due to Incomplete Work
Nagpur's Ashok Square rotary, a new landmark, faces traffic congestion due to incomplete roadwork below the flyover, causing daily snarls for commuters.
Smart Tech, Farmer Collectives Key to Food Security
Experts highlight the role of smart technology and farmer collectives in ensuring food security. These innovations improve productivity and sustainability in agriculture.
Paint Shop Gutted in Vadakkencherry Fire, Short Circuit Suspected
A paint shop near Mudappallur Junction in Vadakkencherry was destroyed in a fire on Thursday evening. Short circuit suspected; loss being assessed.
Chennai Accountant Held for Rs 28 Lakh Fraud
A 33-year-old accountant was arrested in Chennai for allegedly misappropriating Rs 28 lakh from a private firm over three years. She admitted to the fraud but failed to repay the amount as promised.
Prayagraj Ganga Bridge Trials in Sept, Opening by Oct
Vehicle trials on Prayagraj's six-lane Ganga bridge will start in September, with public opening expected by October. The 94% complete cable-stayed bridge will reduce travel time to Lucknow.
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Man cheats six of Rs 16 lakh with fake PMC job promises
A Dapodi resident was booked for duping six people of Rs 16.18 lakh by promising jobs in Pune Municipal Corporation. The accused claimed to be an administrative secretary.
Fire at Kanpur Vegetable Market Destroys 44 Shops
A massive fire at Chakarpur Sabzi Mandi in Kanpur on Thursday destroyed 44 shops, causing losses exceeding Rs 2 crore. No casualties reported; short circuit suspected.
Prayagraj Gold Sales Drop 50% After Duty Hike, PM Appeal
Gold sales in Prayagraj have halved to Rs 5-6 crore daily after customs duty hike and PM's appeal to curb purchases, threatening job losses for 10,000 workers.
Pune Restaurants Brace for Fuel, LPG Price Hikes
Pune eateries face tough cost pressures as petrol, diesel, CNG, and commercial LPG prices are expected to rise. Operators stock up on gas cylinders and edible oil, while many shift to electric cooking to cut costs.
CBI probes interstate gang in Rs 64.82 crore bank fraud
The CBI suspects an organised interstate gang linked to South India in a Rs 64.82 crore fraud at Bank of India's Sadar branch in Lucknow, arresting two accused from Karnataka.
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Critical Workers Shifted After Tonk Kalan Factory Blast
Following a factory blast in Tonk Kalan, critically injured workers were transferred to hospitals in Indore and Dewas, with some suffering severe burns. Relatives anxiously awaited news.
Mumbai Power Outages Worsen Amid Heatwave, Residents Demand Action
Mumbai faces recurring power outages in Dadar, Parel, Bandra amid intense heat. Residents demand accountability and better infrastructure as peak demand hits 4,540 MW.
Bihar Workers Recount Horror After Tonk Kalan Blast
Survivors of the Tonk Kalan firecracker factory blast in Dewas recount panic, delayed help, and desperate rescue attempts. Many workers from Bihar were injured or killed.
Firecracker Factory Explosion on Agra-Mumbai Highway
A massive explosion at a firecracker factory in Tonk Kala, Dewas, caused chaos on the Agra-Mumbai highway, with half-burnt workers and debris scattered. Locals blame poor safety measures.
Amul Hikes Milk Prices by Rs 2-6 Per Litre in Lucknow
Amul has increased retail milk prices in Lucknow, with full cream milk now at Rs 142 for 2 litres, up from Rs 136. Toned milk also sees a hike of Rs 2 per litre.
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Gurgaon Factory Workers Protest Wage Violations
Around 200 workers at a leather unit in Udyog Vihar and employees at a glass factory in Narsingpur protested on Thursday, alleging flouting of Haryana's revised minimum wage order and ignoring experience, skill levels, and overtime pay.
Goa CM Sawant Urges Banks to Boost CD Ratio, Financial Literacy
Goa CM Pramod Sawant called for improving the state's credit-deposit ratio and enhancing financial literacy, especially among professionals, while praising banks for achieving 91% of their annual credit target.
Fuel Panic Buying Returns to Gujarat Amid Rumors
Unsubstantiated rumors of a fuel shortage caused long queues at petrol pumps in Ahmedabad and Surat, despite no official supply disruption. Sales surged by over 20% in the past month.
Rajasthan Unions Demand Rs 26,000 Minimum Wage
Trade unions and labour groups in Rajasthan demand a minimum wage hike to Rs 26,000 per month and form a joint struggle front to push for workers' rights amid rising inflation.
Gujarat Extends Wheat Procurement Deadline to June 15
The Gujarat government has extended the deadline for wheat procurement at support prices from May 15 to June 15, aiming to benefit more farmers.
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Gujarat Leads in Factory Deaths for Third Year
Gujarat recorded the highest number of factory and machine accident deaths in India for the third consecutive year in 2024, with 121 fatalities, according to NCRB data.
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