Punjab hikes milk procurement price by Rs 20 per kg fat
Punjab government increases milk procurement price for Milkfed (Verka) farmers by Rs 20 per kg fat from May 1, benefiting 2.5 lakh farmers and boosting rural economy.
Category : Business
Inverted Duty Crisis: Ludhiana Small Units Face Liquidity Crunch
Small manufacturers in Ludhiana face liquidity crisis due to inverted GST duty structure, with 13% working capital locked in refund delays, forcing periodic shutdowns.
MSMEs urge RBI to stop CIBIL cut for one-day delay
Micro and small industries in Coimbatore urge RBI to stop banks from reducing CIBIL scores for one-day loan delays, citing financial stress from rising costs and global crisis.
Vummidi Bangaru Jewellers Plans Rs 500 Cr Expansion
Vummidi Bangaru Jewellers plans Rs 500 crore expansion, targeting Rs 5,000 crore revenue by FY28, with new stores in India and the US, plus a digital gold platform.
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Sigenergy Plans $150-200 Mn Manufacturing Facility in India
Sigenergy, a Shanghai-based renewable energy firm, plans to invest $150-200 million in a large-scale manufacturing facility in India, targeting the growing battery storage market.
Fuel panic buying eases in Hyderabad after chaotic morning
Panic buying of fuel across Hyderabad eased by evening after a chaotic morning. Authorities and dealers reassured the public and streamlined supply, ending long queues.
Chennai Developer DRA Deploys AI Platform for Construction
Chennai-based DRA deploys an AI construction intelligence platform to enhance project management, quality inspection, and safety analytics, partnering with Slate Technologies.
GST Refund Delays Hit Ludhiana Manufacturers Hard
Ludhiana manufacturers face severe working capital stress due to delayed GST refunds under inverted duty structure, threatening closure of small units.
Karnataka HC Stops Revised DSM Regulations for Solar, Wind
The Karnataka High Court has issued an interim order restraining authorities from enforcing the revised CERC DSM regulations against petitioners including solar and wind energy producers.
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Punjab Industrialists Protest New 0.5% Upfront Fee
Industrialists in Punjab protest a new non-refundable upfront fee under the 2026 industrial guidelines, arguing it deters investment and hurts small businesses.
Tamil Nadu Records 10.8% Growth for Second Straight Year
Tamil Nadu achieves 10.8% economic growth in 2025-26, second consecutive double-digit rate, surpassing national average of 7.4%. CM Stalin and ministers credit Dravidian model.
Worker Dies in Dumbwaiter Lift Accident at Nashik Hospital
Jyoti Ahire, a contractual worker at Dr Vasantrao Pawar Medical College, died after a dumbwaiter lift descended on her neck in the operation theatre. Police registered a case of negligence.
Delayed GST refunds cripple bicycle, sewing machine units
Manufacturers in Ludhiana's bicycle and sewing machine sectors face severe working capital stress due to delayed GST refunds under inverted duty structure, risking closures and informal trade.
Karnataka Soaps & Detergents Hits Rs 2,016 Cr Turnover
Karnataka Soaps and Detergents Ltd reported a turnover of Rs 2,016 crore in FY26, up from 34 to 94 products in three years.
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India-China Trade Deficit Up 155% in 5 Years
India's trade deficit with China has surged 155% over the past five years, reaching $85.4 billion in FY2023-24, driven by rising imports of electronics and machinery.
Bengaluru Dominates India's Startup Scene in Q1 2026
Bengaluru accounted for over 40% of total startup funding in India during Q1 2026, solidifying its position as the country's leading startup hub.
Socio-Economic Census Training Ends in Amritsar South
The first phase of training for the socio-economic census in Amritsar South has concluded, preparing enumerators for data collection.
Kerala Traders Allege Exploitation via K-Smart System
Kerala traders accuse the local self-government department of exploiting them through the K-Smart system by collecting illegal fines. They demand immediate refunds and action.
Samosa Declared Official Dish of Prayagraj Under New UP Scheme
Prayagraj's iconic samosa has been declared the district's official signature dish under Uttar Pradesh's 'One District, One Dish' scheme, beating local favorites like kachori and imarti.
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RoW clearance gap threatens Gurgaon metro Phase 1 timeline
A 2.5km stretch on Gurgaon's metro Phase 1 faces delay due to unresolved right of way clearance, risking the 2028 deadline. Utility shifting and road design issues stall construction.
H-Rera Orders Builder to Pay 10.8% Interest for Flat Delay
Haryana RERA orders KNS Infracon to pay 10.8% annual interest for delay in handing over flats booked a decade ago in Sector 111, Gurgaon, with over Rs 1.8 crore paid.
Rs 1.6 Lakh Stolen from Gurgaon Sweet Shop by New Employee
A sweet shop in Pataudi, Gurgaon, was robbed of Rs 1.6 lakh by a recently hired employee. CCTV footage revealed the theft, leading to an FIR and a police search for the absconding suspect.
Noida Approves Rs 34 Crore for Yamuna Pushta Road Repair
Noida Authority has approved over Rs 34 crore for the repair and upgrade of the Yamuna Pushta road, which has deteriorated due to heavy traffic and rain, causing potholes and safety issues.
Gurgaon waste plant intake drops 33% in September
Gurgaon's Basai demolition waste plant received only 24,000 MT in September, 33% below the 36,000 MT target, despite increased capacity and recent demolition drives.
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Goa Mines Dept Plans Fifth Round of Mineral Block Auctions
Goa's Directorate of Mines and Geology has outlined a timeline for the fifth e-auction of mineral blocks, with identification starting in June and auction by March 2027.
Bihar CM Opens Technology Centre in Bihta, Four Extension Centres
Bihar CM Samrat Choudhary inaugurated a new technology centre in Bihta and four extension centres, aiming to skill youth with diploma and degree training under MSME assistance.
Labour Leader Dies in Steel Plant Accident in Bhadravati
Vinod Kumar, 36, a labour leader and former union VP, died when a one-tonne iron billet fell on him at Visvesvaraya Iron and Steel Plant. He succumbed to injuries en route to hospital.
Officials Told to Hasten Wheat Lifting in Tarn Taran
District authorities in Tarn Taran have ordered officials to expedite the wheat lifting process to ensure timely procurement and storage.
Court Orders Attachment of Oriental Insurance Office Over Default
A Sasaram court ordered attachment of Oriental Insurance's local office and freezing of its bank account up to Rs 40 lakh for failing to pay compensation despite court orders.
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DDA e-auction: Over 140 plots, sites on offer
Delhi Development Authority launches e-auction for over 140 residential, commercial, and institutional plots to boost revenue from land monetization.
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