JSW MG Motor India's Rs 4,000 Crore Investment for 2026 EVs
JSW MG Motor India announces a Rs 3,000-4,000 crore investment to boost EV production in Gujarat and launch four new NEV models in 2026, including the MG Majestor.
Category : Business
India's Trade Deficit Widens to $34.6 Billion in January
India's trade deficit reached a three-month high of $34.6 billion in January 2024, as imports surged 19.1% to $71.2 billion, fueled by spikes in gold and silver shipments. Exports remained nearly flat at $36.6 billion, with declines in gems and jewelry an
Torrent Power Buys L&T's Punjab Plant in Rs 6,889 Crore Deal
Torrent Power acquires L&T's 1,400MW coal-fired power plant in Punjab for Rs 6,889 crore enterprise value, marking its entry into northern India's power market and boosting capacity to 6.4GW.
Faridabad Factory Blasts Injure 35+ Due to Electrical Fault
A series of explosions and a massive fire at a steel factory in Faridabad's Mujesar industrial area injured more than 35 people. Sparks from a short circuit ignited uncovered oil and chemical drums, causing widespread damage and panic.
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India's Currency in Circulation Hits Record Rs 40 Lakh Crore
India's currency in circulation reached a historic Rs 40 lakh crore in January 2026, growing 11.1% year-on-year. However, the cash-to-GDP ratio fell to 11.2%, indicating digital payments are financing more economic activity despite higher absolute cash ho
Rupee Falls 8 Paise to 90.74 vs Dollar on Foreign Outflows
The Indian rupee declined 8 paise to close at 90.74 against the US dollar on Monday, pressured by a robust American currency and foreign fund withdrawals. Lower crude oil prices and positive domestic equities helped limit the fall.
YEIDA's E-Auction Nets Rs 389 Crore for 13 Acres in Noida
Yamuna Expressway Industrial Development Authority generated Rs 389 crore from e-auction of three group housing plots, exceeding reserve price by Rs 106 crore. The sale reflects renewed residential traction near Noida International Airport.
India Offers Farm Quotas in US Trade Deal, Targets $400B Export Boost
Indian officials confirm agricultural quotas in US trade agreement, with small quantities aligned to current imports. The deal aims to boost textile exports and unlock $400 billion opportunities in EU and US markets.
Ludhiana Seed-Pesticide Shops Shut in Protest
Seed and pesticide shops in Ludhiana remain closed in protest against government policies, impacting farmers and agricultural supply chains in the region.
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Delhi Airport Third Runway Closure Delayed to Next Week
Delhi's IGI Airport third runway closure for upgrades, initially planned for Feb 16, is delayed to next week pending approvals. It will recommission in July, with no major flight impact expected.
Surat Textile Industry Faces Payment Crisis and Price War
Surat's textile manufacturing associations clash over delayed payments and price hikes as raw material costs soar and market conditions remain weak, threatening industry stability.
Telangana Targets Global TechBio Hub with BioAsia 2026
BioAsia 2026 kicks off in Hyderabad, featuring top global experts to discuss AI, automation in life sciences, with 4,000 delegates and 500+ companies participating.
CBIC Tightens Customs Monitoring, Sets Query Limits
The finance ministry and CBIC have ordered stricter oversight of customs assessments, limiting queries to three per entry and developing SOPs for 50 commodities to reduce delays.
Ahmedabad Airport Adds 3 Lanes to Ease Congestion
Sardar Vallabhbhai Patel International Airport in Ahmedabad has expanded its domestic terminal arrivals exit area by adding three traffic lanes to address persistent congestion during passenger pick-ups.
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AAP: Indo-US Trade Deal a 'Death Warrant' for Farmers
AAP state president 'Mukhyamantri' Chandru leads protest in Bengaluru, warning that the trade agreement will leave farmers vulnerable to American corporate interests.
BDA to Draw Rs 500 Cr from HUDCO for BBC Land by March
The Bengaluru Development Authority plans to secure Rs 500 crore from HUDCO by March 2025 to acquire land for the Bengaluru Business Corridor, a major infrastructure project.
Bengaluru North Corp Adopts Out 20 Stray Dogs
Bengaluru North City Corporation has successfully placed 20 stray dogs for adoption as part of a humane management initiative to promote animal welfare and responsible pet ownership.
JSW MG Motor India's Rs 4,000 Crore EV Expansion Plan for 2026
JSW MG Motor India announces a Rs 3,000-4,000 crore investment to boost production and launch four new energy vehicles in 2026, targeting faster growth in India's EV market.
Bengaluru Owners Seek Relief on Rs 70L Property Tax Arrears
Property owners in Bengaluru are seeking relief on Rs 70 lakh in tax arrears, with officials allowing objections for errors. Munish Moudgil advises filing for corrections.
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Sanofi Doubles Hyderabad Pharma GCC to 5 Lakh Sq Ft
Sanofi Healthcare India expands its Hyderabad Global Capability Centre to 5 lakh sq ft, boosting capacity to 5,000 employees and reinforcing the city's role as a pharma innovation hub.
Ambala Farmers Welcome Oilseed Arrivals, Hope for Good Season
Oilseed arrivals have commenced in Ambala, Haryana, with local farmers expressing optimism for a productive season. This marks the beginning of the harvest period, crucial for the regional agricultural economy.
Noida Metro Bids for Kiosks at Sector 83 to Enhance Commuter Amenities
NMRC invites bids for commercial outlets at Sector 83 metro station, offering 2,985 sqm space to improve passenger convenience and generate non-fare revenue.
Bengal's Bumper Potato Crop Triggers Distress Sale Concerns
West Bengal's unprecedented potato harvest of 1.5-1.7 crore tonnes faces a crisis due to market disparities, middlemen control, and insufficient storage, threatening farmers and cold storage operators with severe financial losses.
Contractor Distress Calls for Legal Remedies and Fiscal Reform
Chronic delays in clearing contractor bills across political regimes highlight systemic fiscal indiscipline, requiring urgent legal interventions to protect small businesses and ensure economic stability.
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Budget 2026-27 Fails Strategic Test Despite Aspirational Language
The Union Budget 2026-27 has been criticized for failing to meet strategic priorities, despite its aspirational rhetoric about knowledge leadership and innovation. Experts argue it lacks concrete implementation plans.
Bengaluru Fruit Prices Jump 20-30% Amid Supply Crunch
Bengaluru residents face steep fruit price hikes, with bananas up 75% and pomegranates 60% due to seasonal fluctuations, reduced arrivals, and pre-festival stockpiling by traders.
MMRDA Expands Action in Fatal Metro Parapet Collapse
MMRDA suspends two more officials, orders inquiry against chief engineer, and moves to terminate general consultant after fatal concrete parapet collapse on Metro Line 4 in Mumbai.
Vizhinjam Port Rail Tunnel Construction Set to Begin Soon
The railway tunnel linking Vizhinjam International Seaport to Balaramapuram station is advancing, with tenders expected next week. This critical infrastructure aims to boost maritime trade and reduce logistics costs in Kerala.
AIPEF Challenges PSPCL's Revised Tariff Petition in Punjab
The All India Power Engineers Federation has formally objected to Punjab State Power Corporation Limited's revised tariff submissions, citing inadequate review time and questionable financial projections.
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WPI Inflation Hits 1.81% in January, a 9-Month High
India's wholesale price inflation accelerated sharply to 1.81% in January 2025, marking the highest rate in nine months, up from 0.83% in December, driven by rising prices across key sectors.
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