Ludhiana Industrialist in Massive Crypto Fraud: Rs 198.43 Crore Scam
A Ludhiana industrialist is accused of Punjab's biggest crypto fraud, depositing Rs 198.43 crore in 76 forged accounts across 15 banks over 9 months, with investigations ongoing.
Category : Business
India Launches Special Vessel Service to West Asia for Exporters
The Commerce Department is collaborating with SCI and other agencies to operate special vessels to West Asia, aiming to cut freight rates by nearly half for Indian exporters, particularly for agricultural goods like onions, bananas, rice, and tea.
Sensex Falls 757 Points on West Asia Tensions, Crude Prices
Indian stock markets witnessed a sharp correction as West Asia peace talks instability and rising crude oil prices dampened investor sentiment. The Sensex closed 757 points lower at 78,516, ending a three-session winning streak.
Sensex Drops 532 Pts, Nifty Near 24,200 Amid Oil Surge
Indian stock markets opened sharply lower on Tuesday, with the Sensex sinking 532 points and the Nifty hovering near 24,200, driven by Brent crude oil prices exceeding $100 per barrel, raising inflation and economic growth concerns.
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Godrej Industries Group Aims for 15% Growth, More Listings
Two years after the Godrej Group split, Godrej Industries Group targets 15% annual sales growth, plans to list chemicals and financial services, and restructure Agrovet under incoming chairman Pirojsha Godrej.
Banking, Stock Market Status on April 23, 2026: Tamil Nadu Shut
On April 23, 2026, banks in Tamil Nadu will be closed for state elections, while stock markets operate normally nationwide. Plan your financial activities accordingly.
MPC Minutes Show Concern Over West Asia Conflict Growth Risks
The RBI's Monetary Policy Committee minutes from April reveal deep concern about downside risks to India's growth from the West Asia conflict, while expressing confidence in the economy's resilience.
Barbara Corcoran: Betrayal Led to $66 Million Business Success
Shark Tank investor Barbara Corcoran reveals how a painful breakup with her business partner boyfriend, who left her for her secretary, became the catalyst for building her real estate empire, which she later sold for $66 million.
Jio Financial, Allianz Launch Insurance Joint Venture in India
Jio Financial Services partners with Allianz to form a joint venture for general and life insurance in India, aiming to launch operations by 2026.
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RBI MPC Pauses Rates, Hikes Possible in H2 FY27
The Reserve Bank of India's Monetary Policy Committee indicates a pause in interest rates currently but keeps the door open for potential hikes in the second half of FY27 if oil price and monsoon risks persist, according to a recent report.
ED Chargesheet Against UK Resident in Videocon Money Laundering
The Enforcement Directorate has filed a chargesheet against UK resident Sachin Dev Duggal, alleging Videocon Industries siphoned over Rs 35 crore to a Swiss firm before routing it back to Indian tech company Nivio Technologies.
13 Firms Seek Extra Karnataka Investment Incentives
Thirteen companies have requested additional incentives from the Karnataka government for their investments in the state, with officials negotiating to ensure a balanced outcome.
Oil Prices Dip After Rally on Iran-US Deadlock, Shipping Fears
Oil prices slipped slightly on Thursday after strong gains, as investors weighed stalled Iran-US peace talks and ongoing restrictions on key shipping routes like the Strait of Hormuz. Brent crude fell to $101.76, while WTI dropped to $92.82.
Nuvama's Top Stock Picks: AJAX, ELGI, KFin Tech
Aakash K Hindocha of Nuvama recommends buying AJAX Engineering, ELGI Equipments, and KFin Technologies on April 23, 2026, with technical analysis and price targets. Also includes outlook on Nifty and Bank Nifty indices.
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Stock Market Live: Muted Start as Hormuz Blockade Continues
Indian stock markets face a muted opening with GIFT Nifty down 0.67%, signaling weakness amid ongoing US-Iran tensions and the Strait of Hormuz blockade. RBI flags growth risks, while crude oil surges 4% and Asian markets hit highs.
Starbucks Tech Layoffs in Restructuring Under CEO Brian Niccol
Starbucks confirms job cuts in its technology division as part of a restructuring plan under CEO Brian Niccol, aiming to sharpen focus and optimize resources amid slowing sales.
RBI Approves Debasish Panda as Bandhan Bank Chairman
The Reserve Bank of India has approved Debasish Panda as Bandhan Bank's part-time chairman. Meanwhile, global news includes a deadly chemical leak in West Virginia, Hajj 2026 with AI integration, UN leadership race, and UK-France border deal.
Nagpur Cab Strike Ends After Action on Illegal Bike Rides
The week-long strike by app-based cab drivers at Nagpur airport ended after the district collector promised action against aggregators violating MV Act with bike services.
Nagpur to Become Central India's IT Hub Under MahaSTRIDE
Divisional Commissioner Vijayalakshmi Bidari will chair a crucial meeting on April 27 to position Nagpur as an IT and ITeS hub in central India under the state government's MahaSTRIDE initiative.
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Maharashtra Clears Rs 2.56 Lakh Cr Industrial Projects, 1 Lakh Jobs
Maharashtra government has sanctioned special incentives for 18 mega industrial projects, attracting Rs 2.56 lakh crore in investments and promising to create one lakh jobs across the state.
Kiyosaki: Winners Fail Until They Succeed, Embrace Setbacks
Financial educator Robert Kiyosaki challenges the fear of failure, advocating for persistence. Learn how to treat setbacks as feedback and apply his philosophy for long-term success in life and finance.
India Approves Ethanol Blending in Aviation Fuel
The Indian government has permitted the blending of ethanol and synthetic hydrocarbons in aviation turbine fuel, aiming to reduce emissions and boost domestic biofuel production.
India's Textile Exports Grow 21% in Q1
India's textile and apparel exports have increased by 21% in the first quarter of the current fiscal year, driven by robust demand from key markets like the US and EU, with apparel exports rising 18% and cotton textiles up 25%.
Karnataka Fake GST Credit Cartel Kingpin Arrested
A key kingpin of a major fake input tax credit generation cartel in Karnataka has been arrested by authorities, marking a significant breakthrough in the fight against GST fraud and tax evasion.
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Eveready to Double Alkaline Battery Share via Jammu Plant
Eveready Industries plans to increase alkaline battery share to 16% in three years, leveraging its new Jammu plant to boost margins and target exports.
Industrial Parks Get Report Card Via New Rating System
The Industrial Park Rating System (IPRS) introduces a government-led benchmarking mechanism to evaluate industrial parks on infrastructure, sustainability, and business ease, promoting transparency and growth.
India May Miss FY27 Fiscal Deficit Target, BMI Warns
A BMI report indicates India could miss its fiscal deficit target of 4.5% of GDP by FY27, citing high capital expenditure and subsidy pressures. The government aims for 5.1% in FY25.
CoForge to Stay Among Fastest-Growing IT Firms: Analysts
Analysts forecast that CoForge will continue as one of the fastest-growing IT services companies, driven by strong demand and strategic execution in digital transformation.
Pune Metro Extension Work Begins: Vanaz to Chandni Chowk Corridor
Groundwork has commenced on the 1.5km elevated Metro extension from Vanaz to Chandni Chowk in Pune, featuring two new stations and coordinated traffic management plans to minimize disruption during construction.
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Developers Acquire 3,093 Acres in 2025, Q1 2026 Sees 900 Acres
A JLL report reveals developers acquired 3,093 acres of land in 2025, with strong momentum continuing into 2026 as 900 acres were secured in Q1, valued at nearly Rs 18,000 crore.
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