TMB net profit rises 28% to Rs 374 crore in Q4 FY26
Tamilnad Mercantile Bank posted a 28% rise in net profit to Rs 374 crore in Q4 FY26, driven by interest income and record advances growth. Full-year profit stood at Rs 1,338 crore.
Category : Business
IIT Madras Incubates 112 Startups in FY26, Total Reaches 567
IIT Madras incubated 112 startups in FY26, marking the second consecutive year with over 100 incubations. Total startups on campus reach 567, with a collective valuation of over Rs 74,100 crore.
Vet Quits Job, Builds Thriving Dairy Farm with Self-Bred Cattle
A veterinarian in Ludhiana left his job to create a successful dairy farm using self-bred cattle, showcasing sustainable farming and animal husbandry.
India-New Zealand FTA: Zero Duty Access to Boost Exports
India and New Zealand signed a Free Trade Agreement, eliminating tariffs on key exports. This pact is expected to boost bilateral trade, create jobs, and enhance economic cooperation.
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UP Cuts Liquor Shop Licence Fee by Additional 5% for Leftover Vends
The Uttar Pradesh excise department has slashed the licence fee for leftover retail liquor vends by an additional 5%, marking the third reduction, to make operations financially viable.
Tapovan Express Gets Extra Coaches from April 29
The Nanded-Mumbai Tapovan Express, known for severe overcrowding, will get two additional coaches from April 29 to ease passenger congestion.
LDA Anantnagar Plot Registrations Phase 2 from Apr 28
Lucknow Development Authority will open second phase online registration for 498 residential plots under Anantnagar scheme from April 28 to May 27, with lottery-based allotment.
Axis Bank Fraud: Staff Used Customer Data to Take Loan
Two bank employees used confidential customer data to change a registered mobile number and take a pre-approved loan of Rs 4.7 lakh in the customer's name. Four arrested.
Lucknow Women Protest Smart Electricity Meters
Women protesters in Lucknow's Indiranagar demonstrated against smart electricity meters, citing billing errors and financial strain. They demand return to conventional postpaid meters.
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Agri service centres strike in Marathwada against policies
Agri service centre owners in Marathwada began an indefinite strike protesting govt policies, including mandatory SATHI portal and linking practices, potentially affecting kharif season farmers.
ICAI Caps Tax Audits at 60 per CA from FY 2026-27
The Institute of Chartered Accountants of India (ICAI) has set a limit of 60 tax audit assignments per chartered accountant from FY 2026-27, enhancing accountability and transparency.
Sensex jumps 640 points, Nifty ends above 24,000
Indian equity markets rebounded sharply as Sensex surged 640 points and Nifty closed above 24,000, breaking a three-day losing streak driven by broad-based buying.
Chandigarh MC Submits Rs 1,000 Crore Sewerage Upgrade Proposal
The Chandigarh Municipal Corporation has submitted a Rs 1,000 crore sewerage upgrade proposal to the central government, aiming to modernize the city's aging sewerage infrastructure and improve sanitation.
Chilla Elevated Road 47% Complete, Likely Ready by June 2027
The long-delayed Chilla elevated road in Noida is now 47% complete and expected to open by June 2027, ahead of its December 2027 deadline, providing relief from chronic traffic congestion.
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Can AERB Power India’s Nuclear Ambition?
India's nuclear expansion requires a stronger AERB with sharpened expertise and a robust safety culture to oversee the growing fleet of reactors and new technologies.
Bengaluru Rail Disruptions: Yard Remodelling June 16 to Aug 4
Yard remodelling at KSR Bengaluru station from June 16 to Aug 4 will cancel 40 train services, severely impacting Bengaluru-Mysuru commuters and others.
Goa Auctions Four Mineral Blocks, Bids Exceed Reserve Price
Goa govt auctions four of six mineral blocks, with bids over 100% of reserve price. Two blocks unsold due to court cases. Total annual extraction capacity nears 20 million tonnes limit.
SWISS Reviews Evacuation Over Baggage on Slides
SWISS is reviewing its communication on evacuation procedures after passengers carried cabin bags onto emergency slides during a Delhi runway incident, highlighting a global safety challenge.
PNB Mega MSME Outreach in Gorakhpur Boosts Credit Access
Punjab National Bank held a major MSME outreach in Gorakhpur, distributing loan letters and aiming to boost lending across four districts with 93 branches.
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ADG Inaugurates COPS Cafe in Ghazipur for Police Welfare
ADG Piyush Mordia inaugurated the COPS Cafe at Police Lines in Ghazipur, providing modern amenities and quality food to reduce stress and boost morale of police personnel.
Goa Hotels Underreport Tourist Data, Face Penalties
Goa tourism director warns hotels for underreporting tourist check-in data. Non-compliance hampers monitoring, inspections to be conducted.
HSIIDC Tenders Rs 19.8 Cr Gurgaon Service Road Widening
HSIIDC has floated a Rs 19.8 crore tender to widen and redesign a 1.6-km service road between Shankar Chowk and Atlas Chowk on the Delhi-Gurgaon Expressway, aiming to ease congestion and improve infrastructure.
80 Workers Detained in Punjab Textile Wage Protest
Police detained 80 workers protesting low wages and long shifts at Sportking India in Bathinda. The protest ended after management agreed to pay Rs 500-530 per day, but workers claim it's insufficient.
Gaya Station Line One Suspended for 3 Weeks for Redevelopment
Train operations on line one at Gaya railway station are suspended for three weeks for redevelopment into a world-class facility with airport-like amenities, affecting several trains.
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Noida Airport Gets Final Security Clearance, Flights from June
Noida International Airport receives final security clearance after appointing an Indian CEO. Commercial flights are expected to start in the first week of June with IndiGo, Air India Express, and Akasa.
Odisha SDPO Awarded DGP Disc for Massive Ganja Haul
SDPO Rakesh Kumar Sahoo receives DGP Disc for seizing over 17 tonnes of ganja worth Rs 17 crore in Gajapati district, the highest-ever narcotics bust in the area.
India-NZ FTA to Lift Gems Jewellery Exports to $50 Mn
Zero-duty access under the India-New Zealand FTA is expected to increase gems and jewellery exports to USD 50 million in three years, says GJEPC.
Punjab Wheat Procurement Tops 100 Lakh MT
Wheat arrivals in Punjab crossed 100 lakh MT, with procurement at 100.1 lakh MT. Arrivals are declining, but lifting lags at 39%.
Direct selling market booms from Rs 3000 cr to Rs 30000 cr
Haryana CM Nayab Singh Saini announced the direct selling market has grown from Rs 3,000 crore in 2015 to Rs 30,000 crore in 2025-26, with Haryana contributing Rs 2,000-2,200 crore and employing over six lakh people, 60% women.
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Delhi Power Demand Breaches 7,000 MW in April First Time
Delhi's power demand hit a record 7,078 MW in April, the earliest crossing of 7,000 MW, driven by an intense heatwave with temperatures reaching 42.3°C. Officials expect summer peak to climb further.
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