India Growth to Slow to 6.7% on Waning Momentum, Oil Shock
BMI Research forecasts India's GDP growth to decelerate to 6.7% in the upcoming fiscal year, citing diminishing economic momentum and the impact of elevated oil prices.
Category : Corporate News
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Samsung Union's Last Effort to Avoid Strike Before May 21
Samsung's labor union intensifies negotiations to prevent a strike scheduled for May 21, seeking better wages and working conditions.
Interio by Godrej Targets India's Booming GCC Sector
Interio by Godrej is betting big on India's surging Global Capability Centres (GCCs), which host over 2,117 centres employing 2.3 million professionals and generating $100 billion in revenue.
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CGC Landran Student Gets Rs 1.14 Crore Package
Pramurta Sinha, a B.Tech student from CGC Landran, has secured a Rs 1.14 crore annual package from a multinational company, showcasing the institute's placement success.
PM Modi's Gold Appeal Sparks Jewellery Stock Sell-Off
Jewellery stocks plunged on Monday after PM Modi urged citizens to reduce gold purchases to conserve foreign exchange. Senco Gold, Kalyan Jewellers, and Titan saw sharp declines amid broader market sell-off.
ABB India Strong Start to 2026 on Robust Q1 Demand
ABB India posted a solid performance in the first quarter of 2026, driven by strong demand across key sectors. Revenue grew 12% year-on-year, with significant contributions from electrification and automation.
Zydus Hospital: 100 Scarless Thyroid Surgeries Success
Zydus Hospital in Ahmedabad has successfully performed 100 scarless thyroid surgeries using the transoral endoscopic technique, offering patients a quicker recovery and no visible scarring.
Ludhiana Police Bust Luxury Liquor Refilling Syndicate
Ludhiana police dismantled a syndicate refilling premium liquor bottles with cheap alcohol, arresting a bar employee and seizing 500+ empty bottles of brands like Glenlivet and Chivas Regal.
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Three Held for Burning Dead Man's Finger, Toe in Fraud Plot
Bhilwara police arrested three men for burning a dead man's finger and toe with matchsticks to fake an accidental death for insurance fraud. The plan failed when the complicit doctor was absent.
NSIL may get first private sector chief from Boeing
India's space PSU NewSpace India Limited (NSIL) may soon be headed by a private sector executive, likely from Boeing, marking a first for the Department of Space's commercial arm.
Bluspring Enterprises Targets Rs 5,000 Crore Revenue by FY28
Bluspring Enterprises targets Rs 5,000 crore revenue by FY28, driven by scaling high-margin businesses and entering sports, events, and hospitality sectors.
Gurgaon Man Made Fake Mounjaro and Toneup Injections
A man in Gurgaon allegedly produced counterfeit Mounjaro injections and an unapproved brand 'Toneup', marketed as a Japanese product. Drug authorities have recalled 22 injections.
Ahmedabad Restaurants Hit by Staff Shortage
Ahmedabad restaurants are grappling with a severe manpower shortage due to LPG crisis, wedding season, and migration, forcing owners to manage alone and cut services.
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SC Ruling May Hike Indian Railways' Power Costs
The Supreme Court ruled Indian Railways is a 'consumer' under the Electricity Act, liable to pay cross-subsidy surcharge, potentially increasing power procurement expenses.
Govt Allows VC, PE, Pension Funds to Bid for Highway Projects
India's road transport ministry has modified bidding norms for BOT highway projects, allowing Alternative Investment Funds and Foreign Investment Funds to bid, aiming to attract more private investment.
TN Business Optimism High Despite Political Change Under Vijay
Industry leaders in Tamil Nadu express optimism as new CM Joseph Vijay signals policy continuity, with focus on manufacturing, investments, and governance reforms.
Bihar Police Recruitment: 15,821 SAP Posts for Ex-Servicemen
Bihar police to fill 15,821 SAP vacancies via recruitment rallies for retired Army and CAPF personnel, with preference for specialised skills. No written exam.
Hasten My Investment Returns, Rahul Tells Advisor
Congress leader Rahul Gandhi tells his investment advisor to speed up returns despite political differences, emphasizing financial growth over ideology.
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Gurugram Police Arrest Real Estate Firm Owner in Rs 17 Crore Fraud
Gurugram police arrested the owner of a real estate firm for allegedly duping a client of Rs 17 crore in a land deal fraud. The accused was produced in court and sent to police custody.
Air India terminates over 1,000 staff for ethical breaches in 3 years
Air India CEO Campbell Wilson revealed that over 1,000 employees have been terminated in the last three years for ethical violations, as part of a broader culture change at the airline.
Punjab minister Arora sent to 7-day ED custody in GST fraud
A court sent Punjab industries minister Sanjeev Arora to seven-day ED custody in a Rs 100-crore GST fraud-linked money laundering case. The ED alleged Arora was the beneficial owner of a company involved in bogus billing and exports.
Air India Fires 1,000+ for Ethical Breaches in 3 Years
Air India CEO confirms termination of over 1,000 employees in three years due to ethical violations, including fraud and misconduct, as part of a broader integrity overhaul.
Foreign Selling in Indian Equities Nearing Exhaustion
Goldman Sachs says foreign selling in Indian stocks is nearly exhausted, but global investors remain cautious due to valuations and earnings.
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Smuggling Haul: Mannequins, Skin Gel Seized
Indian agencies seized unusual smuggled items including stylish mannequins and skin-tightening gel, highlighting creative smuggling methods.
Indian Oil Firms Lose Over Rs 1 Lakh Crore in 10 Weeks
State-owned oil firms have suffered combined under-recoveries of Rs 1,600-1,700 crore daily for 10 weeks, shielding consumers from global price hikes due to the Middle East conflict.
Oracle Layoffs 2026: 20,000 Fired, Severance and WARN Act Controversy
Oracle stunned employees with 20,000 layoffs via email on March 31, 2026. Severance terms, including no RSU vesting and WARN Act loopholes, spark backlash. Employees fight for rights as banks face debt issues from Oracle-OpenAI deal.
Techie Buys UK Home, Cites Transparency Over India's Black Money
A Bengaluru founder reveals she bought a 3-bedroom UK house on one income, contrasting it with India's lack of transparency and black money issues in real estate.
Railway Promises Nemom Road Reconstruction by June 15
Southern Railway assured completion of Nemom Vattavila Suresh Road reconstruction by June 15, following a monitoring committee meeting called by the district collector to address residents' grievances over road loss due to rail doubling work.
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Noida Airport Charges Cancel Fuel Tax Benefit, Fares Equal Delhi
Noida International Airport's high user charges offset its lower VAT on jet fuel, resulting in airfares similar to Delhi's IGI Airport, sparking controversy and airline concerns.
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