Bengaluru Jewellery Stores Thrive on Silver Surge
Jewellery stores in Bengaluru are experiencing a significant boost in sales and footfall due to the recent surge in silver prices, driven by strong investor demand and festive buying.
Category : Industry
Madurai Borewell Work Stoppage Over Carbon Shortage
Borewell rig owners in Madurai begin a three-day symbolic strike to protest severe carbon steel shortage. Prices surged 150% after China's export ban, crippling operations nationwide.
IKEA Plans Rs 10,500 Crore Investment, 20-30 Stores in India
IKEA announces major expansion in India with over Rs 10,500 crore investment, aiming for 20-30 stores by 2030 and profitability by 2028. The company focuses on key cities and boosts local sourcing.
IndiGo May Cut Flights After Feb 10 as DGCA Exemption Ends
IndiGo could temporarily reduce flights after February 10 when DGCA's exemption from new flight-duty rules ends. The airline plans network adjustments to minimize disruptions.
Ahmedabad Textile Units Face Weak Demand, Operate at 60%
Ahmedabad's textile processing industry faces a slowdown with units operating at 60% capacity due to weak demand. Industry expects recovery by February with summer orders.
Gujarat Approves SPV for 48 Port Development
Gujarat government grants in-principle approval for a Special Purpose Vehicle to develop, operate, and maintain 48 ports owned by Gujarat Maritime Board.
IndiGo Flight Cancellations Demand Deterrent Penalty
Massive flight disruptions by IndiGo caused trauma and financial losses to lakhs of passengers, with over 2,500 cancellations and 1,800 delays requiring regulatory action.
Kudumbashree Launches 'Meat Point' Takeaway Counters
Kudumbashree launches 'Meat Point', a network of takeaway food counters across Kerala offering chicken dishes, breakfast, and snacks, aiming to provide sustainable income for women.
Ceat Tyres Focuses on Overseas Growth, Europe Key Market
Ceat Tyres prioritizes expanding its international business, with Europe becoming a crucial market despite global tariff concerns. The company cites better profit margins overseas.
KSRTC Ernakulam Bus Terminal Project Downsized
Kerala's KSRTC scales down its Ernakulam bus terminal project from Rs 27 crore to Rs 13 crore, reducing bus bays and abandoning two-storey plans due to financial constraints.
Ikea Plans Rs 10,500 Crore Investment in India, 20-30 New Stores
Ikea announces a Rs 10,500 crore investment plan for India over five years, aiming to add 20-30 stores by 2030 and achieve profitability by 2028 while expanding sourcing.
India's $1 Billion Footwear Manufacturing Boost Package
The Indian government is finalizing a comprehensive $1 billion package to strengthen footwear manufacturing, addressing challenges from US tariffs and global competition.
Fossil Fuel Share in Power to Drop Below 70%: Crisil
Crisil reports fossil fuels' share in India's power generation will fall below 70% next fiscal due to slower demand growth and renewable energy surge, impacting thermal plant operations.
Odisha's 3-Day Matsya Pranee Samavesh Starts Jan 21
Odisha government organizes Matsya Pranee Samavesh from January 21 to 23 at Janata Maidan in Bhubaneswar. The event promotes innovation in fisheries and livestock sectors with CM inauguration and governor attendance.
Gaya Industry Demands Underground Cabling, Fights Tariff Hike
Industry and trade associations in Gaya urged Bihar's electricity regulator to install underground cables and relocate poles, citing traffic and safety issues. They also opposed proposed tariff increases.
Axiscades Secures Rs 100 Crore Defence Order for Ashwini Radar
Bengaluru's Axiscades Technologies bags Rs 100 crore defence electronics contract. Subsidiary Mistral Solutions to supply critical processing units for DRDO's Ashwini radar over two years.
Assam Transport Workers Seek Manual Fitness Centers Over ATS Issues
Transport operators in Assam urge temporary restoration of manual vehicle fitness testing centers, citing severe logistical and safety challenges with automated stations.
Guwahati's Panbazar Quiet After Office Relocations
Panbazar in Guwahati, once a bustling hub near government offices, now stands nearly deserted. The relocation of key offices for the Brahmaputra riverfront project has drastically reduced footfall, leaving only one pan shop struggling to survive.
Apollo Micro Systems Announces ₹300 Crore Defence Capex in Hyderabad
Apollo Micro Systems reveals a ₹300 crore capital expenditure plan for a new defence facility in Hyderabad, focusing on weapon system manufacturing and testing.
India's Economic Rise Highlighted at Davos WEF
Industry leaders and policymakers at the World Economic Forum in Davos spotlight India's transformation and future potential, discussing growth opportunities and global partnerships.
MP Govt, Tech Mahindra Discuss IT-BPO Expansion in Tier-2 Cities
Madhya Pradesh government held talks with Tech Mahindra's president to expand IT-BPO operations in tier-2 cities, aiming to create jobs and boost the state's digital economy.
MSMEs Hit 30% GDP Share, Exports Triple to ₹12 Lakh Crore
India's MSME sector shows strong recovery, contributing 30% to GDP in FY25. Exports triple to ₹12 lakh crore, while credit expands sharply. Challenges remain with working capital and global tariffs.
India's First Bullet Train Project Moves Toward Electrification
The Mumbai-Ahmedabad bullet train project progresses with electrification work underway. India's inaugural high-speed rail line will connect 12 stations across Maharashtra and Gujarat.
SECR Railway Hits 200 MT Freight Record in 287 Days
South East Central Railway achieves a milestone by loading 200.74 MT of freight in the current financial year, surpassing last year's performance with improved efficiency and infrastructure upgrades.
IndiGo to Keep Current Flight Schedule Post-Feb 10: Sources
IndiGo expects to maintain its current flight operations after February 10 when pilot duty exemptions expire, operating over 2,200 flights with robust pilot hiring underway.
MP Govt, GMR Group Talk Renewable Energy at WEF 2026
Madhya Pradesh government held talks with GMR Group at the World Economic Forum 2026, focusing on renewable energy technology and infrastructure development in the state.
Ponda Substation Replaces 53-Year-Old Transformer for Better Power
Ponda power substation is installing a new 40MVA transformer to replace the aging 30MVA unit from 1972. The upgrade aims to strengthen the 33 KV system and ensure smooth, uninterrupted electricity supply for the next three decades.
WR Cancels 102 Trains on Jan 20 Over Kandivali Car Shed Issue
Western Railway suspends 102 suburban services on January 20 due to Kandivali car shed exit closure and speed restrictions. Officials expect normal operations from January 21 after final clearance.
Skoda Kushaq 2026 Facelift Debuts Tomorrow in India
Skoda Auto India unveils the 2026 Kushaq SUV facelift on January 20. Expect cosmetic updates, enhanced interior features, and competitive positioning against rivals like Tata Sierra.
Rudratree Marks 104 Years as India's Top Rudraksha Brand
Rudratree, a renowned Indian brand, completes 104 years of heritage in Rudraksha, Navaratna, and natural crystals, blending spiritual traditions with modern craftsmanship for global customers.
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