CJ Roy Suicide: Family Blames Kerala I-T Officials
Confident Group owner CJ Roy's suicide in Bengaluru sparks controversy as family alleges harassment by Kerala income tax officials. Investigation ongoing.
Category : Business
US Allows India to Buy Venezuelan Oil, Reduce Russian Imports
The United States has informed India it can resume Venezuelan oil purchases to decrease reliance on Russian crude. This move aims to redirect India's imports away from Russia amid declining Russian oil imports and US pressure.
CBI Finds False Promises, Resold Homes in NCR Builder-Bank Case
CBI chargesheet reveals a Noida builder sold 672 flats with false possession promises, resold owned homes, and denied refunds, in a Supreme Court-monitored builder-bank nexus case affecting NCR homebuyers.
Adani Counsel Files SEC Application, Accepts Service for Gautam & Sagar
The legal counsel for Gautam and Sagar Adani has filed an application before the US SEC, agreeing to accept service of process on their behalf, marking a significant development in the ongoing regulatory scrutiny of the Adani Group.
India-France Talks on Sustainable Aviation Fuel & Air Mobility
Civil Aviation Minister Ram Mohan Naidu held discussions with French Minister for Transport Patrice Vergriete to enhance cooperation in sustainable aviation fuel and advanced air mobility technologies.
UltraTech's Rs 2,000 Cr Capex for India Cements Growth
UltraTech Cement announces Rs 2,000 crore capital expenditure for India Cements over two years to boost capacity, enhance efficiency, and increase green power usage to 80% by FY29.
Intellect Design Arena Q3 PAT Drops 71%
Chennai-based Intellect Design Arena reports 71% decline in Q3 profit after tax to Rs 28 crore, impacted by Rs 31 crore exceptional item for new labour codes. Total income rises 21% to Rs 753 crore.
Exide Q3 Profit Up 5.3% to Rs 258 Crore on GST 2.0 Boost
Exide Industries reports a 5.3% increase in Q3 net profit to Rs 258 crore, with revenue up 4.7% to Rs 4,030 crore. The company credits GST 2.0 reforms and strong automotive sector growth for the performance.
Gold, Silver Crash: CME Margin Hike Triggers 11% Drop
Gold and silver prices plummeted sharply after CME margin hike triggered profit-booking. COMEX gold fell 11% to $4,763.10/oz, while MCX gold dropped to ₹1,50,849/10gm. Experts cite hawkish Fed, USD strength, and Budget 2026 expectations as key factors.
India's Budget 2026: Growth vs Global Risks
As Finance Minister Nirmala Sitharaman prepares her ninth consecutive Union Budget, India faces the challenge of sustaining strong growth while navigating global economic uncertainties and domestic fiscal pressures.
Chola Q3 PAT Up 20% to Rs 1,288 Crore
Cholamandalam Investment and Finance Company reports a 20% rise in Q3 FY26 PAT to Rs 1,288 crore, with disbursements growing 16% to Rs 29,962 crore.
KVB Expands in Maharashtra, Gujarat with Lite Branches
Chennai-based Karur Vysya Bank is expanding in Maharashtra and Gujarat through deposit-focused 'lite branches' using a hub-and-spoke model, aiming to strengthen its presence beyond southern India.
Bengaluru's White Water Revolution Powers IT Parks
Bengaluru's advanced greywater treatment through public-private partnerships is reducing freshwater dependence by supplying treated water from apartments to IT parks and data centers.
Budget 2026: Where to Watch Nirmala Sitharaman's Speech Live
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 in Parliament. Here's a complete guide on when and where to watch the full budget speech live, covering key sectors like defence, agriculture, and income tax.
NMM Aims to Double Manufacturing GDP to 25% by 2035
The National Mission on Manufacturing sets ambitious goals to elevate India's industrial sector, targeting 25% GDP contribution and 143 million jobs by 2035 through strategic cluster-based interventions.
Ludhiana Industry Demands Reforms in Union Budget
As Finance Minister Nirmala Sitharaman prepares the Union Budget, Ludhiana's industrial sector demands urgent reforms including GST rationalization, technology upgrades, and anti-dumping measures to revive MSMEs.
MP Food Industry Awaits Budget Support for Growth
Food processing industries in Madhya Pradesh are urging the Union Budget to prioritize technology upgrades, climate-resilient infrastructure, and enhanced credit flow to boost value-added production and supply chain efficiency.
Budget 2026 Expectations: Sectors, Survey & Dates
Ahead of Finance Minister Nirmala Sitharaman's Budget 2026 speech on February 1, explore industry expectations, Economic Survey 2026 projections of 6.8-7.2% growth, and key sectors like infrastructure, AI, and renewable energy in focus.
ED Claims Rs 6-Crore Fraud Loans in MP Suicide Case
Over a year after the suicide of Madhya Pradesh businessman Manoj Parmar and his wife, ED files a complaint alleging Rs 6.2 crore fraudulent loans under government schemes.
CJ Roy's Journey: Real Estate to Film Industry Success
CJ Roy transformed Confident Group from a real estate leader in Kerala into a major entertainment industry force, sponsoring TV shows and producing blockbuster films like 'Marakkar'.
Budget 2026 Income Tax Expectations: Middle Class Awaits Relief
Finance Minister Nirmala Sitharaman's ninth consecutive Union Budget tomorrow brings high hopes for income tax cuts. After last year's relief, salaried taxpayers expect increased standard deduction and TDS rationalization.
Kevin Warsh's Fed: Hawk to Dove Under Trump
President Trump nominates former inflation hawk Kevin Warsh to lead the Federal Reserve, raising questions about policy shifts, Fed independence, and market implications amid evolving economic priorities.
EPFO Lucknow Training on EPF Scheme Changes & Digital Services
The Indian Society for Training and Development organized a training session in Lucknow on recent EPF scheme amendments. Regional PF Commissioner Ashish Kumar detailed EPFO's role, digital services, and enrollment campaigns.
Chandigarh Industrial Plots to Get Major Regulatory Relaxations
Chandigarh administration proposes significant relaxations for industrial plots, including increased coverage limits and removal of mandatory central courtyard requirement to optimize land use.
Bengaluru Tycoon CJ Roy Dies in Office During I-T Raid
Confident Group chairman CJ Roy, 57, was found dead at his Bengaluru office after allegedly shooting himself during an ongoing Income Tax department search operation. The incident occurred while I-T officials were present.
FTAs' Success Depends on Market Share Gains, Not Signings
India's FTAs with EU, UK, and Australia offer zero-duty access to $3.5 trillion markets. Success hinges on standards, simplicity, input access, and sustained commitments to boost exports.
India's Cheapest Power Needs New Buyers for Renewable Energy
India's renewable energy sector faces absorption challenges despite adding 40 GW annually. Manufacturing clusters, data centers, and export industries can drive demand through open access procurement, ensuring cost certainty and supporting green transitio
India-EU FTA Revives Rules-Based Global Trade Order
The historic India-EU Free Trade Agreement marks a pivotal moment for global commerce, reaffirming rules-based trade principles amid strained multilateralism. This comprehensive analysis explores its economic impact, strategic significance, and implicatio
Banks Open Today: Fifth Saturday Operations & February Holiday Calendar
RBI confirms banks remain open on first, third, and fifth Saturdays. Today's operations proceed as January 31 is a fifth Saturday. February bank holiday schedule announced with digital services unaffected.
India's Next Manufacturing Leap: Strategic Production Focus
India's manufacturing sector must prioritize technology-intensive industries and deeper capabilities to achieve global competitiveness, leveraging industrial clusters and improved logistics.
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