Akshaya Tritiya Wedding Rush Strains LPG Supply in MP

With 35,000 weddings scheduled for Akshaya Tritiya in Madhya Pradesh, commercial LPG cylinder restrictions are creating a supply crisis for caterers and hotels, forcing menu cuts and alternative cooking methods.

Rupee Gains 27 Paise to 92.93 on RBI Oil Firm Directive

The Indian rupee strengthened to 92.93, gaining 27 paise, after the RBI reportedly instructed oil companies to use an SBI credit line instead of buying dollars from the open market. This move reduces forex market demand and signals RBI's preparation for m

Hormuz Reopening Eases Indian Trade, Cuts Oil Prices

The reopening of the Strait of Hormuz brings relief to Indian oil, fertiliser, and export sectors, with 41 cargo ships awaiting passage. Lower oil prices and reduced freight costs are expected to boost trade and ease energy supply disruptions.

GATE-26 Expo: AI, Semiconductors, and Gujarat's Sports Growth

At the GATE-26 expo in Gandhinagar, sessions on semiconductors and AI investments were held. Experts discussed Gujarat's potential to host the 2030 Commonwealth Games and 2036 Olympics, emphasizing massive infrastructure and real estate growth.

Steel Giants Lag in Green Transition, Report Shows

A new report highlights that major steel producers are falling short of global climate targets, with slow adoption of green technologies and high emissions posing significant challenges to decarbonization efforts.

Mangaluru Construction Slows as Migrant Laborers Return Home

Construction activity in Dakshina Kannada has significantly slowed in April due to a sharp decline in migrant laborers from states like Bihar, Uttar Pradesh, Jharkhand, and West Bengal. Industry stakeholders report that 85% of work is halting as workers o

Mangaluru Construction Crisis: Sand Shortage Spikes Costs

Mangaluru builders face a severe sand shortage as monsoon approaches, with costs tripling due to a CRZ mining ban. Construction expenses have surged by Rs 2.25 lakh per house, forcing reliance on inferior, expensive alternatives.

I-T Dept Outreach for New 2025 Tax Act in Bihar-Jharkhand

The regional income tax headquarters for Bihar and Jharkhand has initiated an outreach program to educate stakeholders about the new Income Tax Act, 2025, while targeting improved tax collection after a slight decline in 2025-26.

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