A Rs 993 hike in commercial LPG prices forces Hyderabad restaurants to overhaul kitchens, switch to firewood and electricity, and redesign menus. Some report 40% losses and worker layoffs.
JPMorgan CEO Jamie Dimon cautions that the booming private credit market could face sharper challenges than expected when the next credit cycle hits, citing uneven standards and over 1,000 firms.
InGovern Research calls on RBI to reject Tata Sons' application to surrender its financial licence, arguing it's a move to avoid mandatory listing. It warns of oversight gaps for systemic entities like TCS.
Non-food bank credit expanded by Rs 29.2 lakh crore in FY26, driven by services and retail lending. NBFCs, housing, and gold loans led growth, with services and personal loans accounting for over two-thirds of the total increase.
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RBI deputy governor Poonam Gupta said India's strong fundamentals can sustain 7.5% growth with low inflation, and the West Asia conflict has limited impact on balance of payments.
Expenditure secretary Vumlunmang Vualnam said the Centre will prioritise capital expenditure and ensure full utilisation of budgeted public spending despite fiscal stress from the West Asia conflict.
RBI Governor Sanjay Malhotra urged Indian banks to become global market-makers to shift rupee price discovery onshore, addressing offshore NDF market influence.
Foreign portfolio investors net sold over $20.6 billion in Indian stocks in just four months of 2026, surpassing the previous annual record of $18.9 billion in 2025, driven by war, oil prices, and rupee weakness.
Nvidia's market capitalization hit $4.91 trillion, surpassing India's total market cap of $4.88 trillion, driven by AI chip demand and contrasting with Indian market volatility.
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India's passenger vehicle market started the new fiscal year strong with April sales estimated at 4.5 lakh units, a 27% rise year-on-year, driven by utility vehicles and strong performances from major automakers.
India's GST collections rose 8.7% to a record Rs 2.42 lakh crore in April, driven by a 26% surge in import-linked mop-up, while domestic growth slowed to 4.3%.
The Greater Bengaluru Authority's suburban township project, earlier called Bidadi satellite township, is expected to generate a surplus of Rs 15,429 crore over three years, with total revenue of Rs 33,562 crore against a project cost of Rs 18,133 crore.
State-owned OMCs hiked commercial LPG cylinder rates by nearly 50% to Rs 3,071.5 in Delhi, while keeping domestic LPG, petrol, and diesel prices unchanged amid rising global energy costs.
Maruti Suzuki, Hyundai, and Kia reported record sales in April 2026, driven by GST 2.0 benefits, repo rate cut, and income tax relief, according to Maruti's senior executive.
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Union Minister J.P. Nadda visited NIPER Mohali and assured full support to enhance research infrastructure, focusing on drug discovery and pharmaceutical innovation.
Hyderabad's restaurant industry faces a severe crisis after commercial LPG prices surged by Rs 993 per cylinder, threatening shutdowns, job losses, and rising dining costs.
The US Trade Representative has kept India on its Special 301 priority watch list for intellectual property protection, citing inconsistent progress and longstanding concerns.
Food prices at Chennai restaurants are set to rise up to 40% after a steep increase in commercial LPG cylinder prices, with idli, dosa, and pongal becoming significantly costlier.
Southern Railway's Chennai division surpassed its parcel revenue target of Rs 74.22 crore for 2025-26, earning a record Rs 74.56 crore through innovative freight initiatives and infrastructure upgrades.
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The government's decision to revert to market-based LPG pricing after a temporary freeze has sparked debate. This move impacts household budgets and political dynamics ahead of elections.
The Central government's steep hike in commercial LPG prices—nearly Rs 1,000 per cylinder—has sent shockwaves through Mumbai's eateries, with many raising menu prices by 10-20%.
Bengaluru hotels raise menu prices following a sharp increase in commercial LPG cylinder rates, impacting eateries and consumers across the city.
Punjab government reduces upfront industrial application fees from the higher of ₹1 lakh or 0.5% of FCI to the lower, capping costs at ₹1 lakh, following industry backlash.
Third consecutive monthly hike in commercial LPG prices raises operating costs for restaurants, hotels, and street vendors in Ahmedabad, forcing many to consider price increases or alternatives.
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The Income Tax Department has launched a probe into the Andhra Pradesh liquor scam, suspecting Rs 2,000 crore in unaccounted cash. Overall scam value is estimated at Rs 3,500 crore.
An official statement suggests that a potential increase in petrol and diesel prices cannot be ruled out, citing global crude oil volatility and domestic fiscal considerations.
In the biggest hike ever, commercial LPG cylinder price increased by Rs 99.3, pushing it above Rs 3,000. This move impacts businesses and restaurants across India.
Gujarat CM Bhupendra Patel announced eight new Smart GIDC estates across five South Gujarat districts at the Vibrant Gujarat Regional Conference, boosting industrial infrastructure.
A 32-year-old worker died and seven others were injured in a reactor blast at a pharmaceutical unit in Nalgonda district on Friday. The deceased reportedly jumped from the second floor during the incident.
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The Ludhiana Improvement Trust is auctioning a derelict 2.2-acre building on Rani Jhansi Road with a reserve price of Rs 197 crore, hoping to end its 18-year vacancy.
