IT Dept Probes Rs 3,500 Crore Andhra Liquor Scam
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.
Category : Business
Petrol and Diesel Price Hike Not Ruled Out
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.
Commercial LPG Price Hiked by Rs 99.3 in Biggest Ever Increase
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.
CM Bhupendra Patel Announces 8 Smart GIDC Estates in South Gujarat
Gujarat CM Bhupendra Patel announced eight new Smart GIDC estates across five South Gujarat districts at the Vibrant Gujarat Regional Conference, boosting industrial infrastructure.
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Worker dies, seven injured in reactor blast at pharma unit
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.
Ludhiana Trust Sets Rs 197 Crore Reserve Price for Vacant Building
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.
Rs 11.3 crore fraud complaint filed against real estate firm partners
A businessman filed a complaint with the Detection of Crime Branch alleging Rs 11.3 crore fraud by two partners of a real estate firm, including fund diversion and illegal flat sales.
Commercial Mini LPG Prices Hiked by Rs 993, Rs 261
Oil marketing companies have increased the prices of commercial mini LPG cylinders by Rs 993 and Rs 261, impacting businesses using these cylinders.
Adani: Ganga Expressway Unites 80 Million Like Sacred River
Gautam Adani said the Ganga Expressway, inaugurated by PM Modi, is more than a road—it unites 12 districts and 500+ villages, reducing travel time and symbolizing New India's strength.
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UP Caterers Protest Steep Hike in Commercial LPG Prices
The Uttar Pradesh Tent Caterers and Decorators Welfare Association objects to the sharp rise in commercial LPG cylinder prices, warning of financial strain on businesses and consumers.
Trichy Railway Division Targets 3,000 MT Freight by 2030
Trichy railway division aims to boost freight capacity as part of Indian Railways' Mission 3000, aligning with Viksit Bharat 2047 vision for a developed India.
PE-VC Investments Drop 32% in April Amid IPO Delays
Private equity and venture capital investments fell over 32% year-on-year to $1.9 billion in April, driven by IPO delays and market volatility, according to Venture Intelligence data.
Scooter Stolen During Relocation Resurfaces After Traffic Challan
A Bengaluru man's scooter, stolen during relocation to Patna in 2023, was traced via a traffic challan. Police probe fraud by fake logistics firm.
Punjab Wheat Procurement Hits 95.9% of Target at 116.98 LMT
Over 116.98 lakh metric tonnes of wheat arrived in Punjab's purchase centres, achieving 95.9% of the 122 LMT target. Procurement by traders declined sharply to 1.01%.
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Punjab transport workers announce May strikes over demands
Punjab Roadways, PUNBUS, and PRTC contract workers held protests on Labour Day, demanding release of detained colleagues and end to privatisation. They announced strikes on May 10, 18, and 25-27.
Indian-American Financier Quits Amid Sex Slave Lawsuit
Chirayu Rana, the Indian-American financier who accused a JPMorgan executive of keeping him as a sex slave, has quietly left his job at Bregal Sagemount just weeks before filing the lawsuit.
AP April 2026 Tax Collections Hit Record ₹5,543 Crore
Andhra Pradesh recorded its highest-ever monthly commercial tax collections in April 2026 at ₹5,543 crore, a 12.08% rise year-on-year, driven by technology and improved compliance.
Gujarat GST Collections Surge 44% to Record Rs 9,916 Crore
Gujarat's GST revenue rose 44% year-on-year to Rs 9,916 crore in April 2026, the highest monthly collection since GST implementation. Total tax revenue including VAT and electricity tax reached Rs 13,703 crore.
Gurgaon Police Single-Window System for Industry Issues
Gurgaon police announced a single-window mechanism to address industry issues swiftly, appointing DCP Karan Goyal as nodal officer to enhance coordination and industrial harmony.
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UP plans 330-km Vindhya Expressway through 84 villages
Uttar Pradesh plans a 330-km Vindhya Expressway from Prayagraj to Sonbhadra, passing through 84 villages and linking with Ganga Expressway, boosting connectivity to four states.
Goa women's hostel project faces cost escalation, uncertain future
A 130-bed working women's hostel in Cuncolim industrial estate faces uncertainty after GIDC flagged a 28% cost escalation to Rs 20.5 crore, suggesting scrapping or relocation.
Punjab Sets Record with Highest GST Collection in April 2026
Punjab recorded its highest-ever monthly GST collection of Rs 2,987.3 crore in April 2026, leading the country with 70.70% year-on-year net growth.
Ravi K becomes HAL's 22nd CMD, focuses on global market
Ravi K has taken over as chairman and managing director of Hindustan Aeronautics Limited (HAL), becoming the 22nd CMD. He aims to enhance global competitiveness through innovation and AI.
Fuel Prices May Rise Soon as Oil Firms Face Losses
Petrol and diesel prices in India may increase soon as global crude oil spikes to four-year highs, causing losses for state-run oil companies. Analysts suggest a hike of Rs 25-28 per litre.
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Dollar Slips vs Yen After Japan's Currency Intervention
The US dollar fell against the Japanese yen for a second day after Japan intervened to support its currency. The greenback is set for its sharpest weekly fall since early February.
Uttarkashi Auctions Eight Silica Sand Blocks for Glass Industry
Uttarakhand's mining department has identified eight silica sand blocks in Uttarkashi, with auctions underway. The move aims to diversify mining, boost employment, and generate additional revenue of Rs 20 crore annually.
ED Files Money Laundering Case Against Guwahati Firm
The ED has filed a prosecution complaint against Ottis Associates Pvt Ltd and its director for alleged bank fraud and money laundering involving a private bank in Guwahati.
Commercial LPG price hike batters Assam businesses
Commercial LPG prices in Assam have surged over Rs 1,000, with supply cut to 70% due to West Asia conflict, hitting hotels and restaurants hard.
Credit Society Manager Arrested for Rs 1.65 Crore Fraud
Karishma Nivane, manager of Students Academy Co-Operative Credit Society, was arrested for allegedly cheating investors of Rs 1.65 crore by offering 13% interest on deposits.
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CM Patel Unveils 8 Smart GIDCs in South Gujarat
Gujarat CM Bhupendra Patel announced eight new Smart GIDC estates across five South Gujarat districts at the Vibrant Gujarat Regional Conference in Surat, covering 5,380 acres with tech-enabled infrastructure.
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