Rupee Crashes Past 94/USD, Settles 33 Paise Lower
The Indian rupee plunged past the 94/USD level for the first time, settling 33 paise lower amid massive equity sell-offs and sustained foreign fund outflows.
The Indian rupee plunged past the 94/USD level for the first time, settling 33 paise lower amid massive equity sell-offs and sustained foreign fund outflows.
Schindler CEO Paolo Compagna warns of additional cost inflation in logistics, fuel, and energy due to the West Asia conflict, potentially leading to price hikes.
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India's crude oil production declined for the 11th consecutive year in 2025-26, while natural gas output also fell. Import dependence rose to 89% for crude and 51% for gas, highlighting vulnerability amid global tensions.
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RecommendedTamara Leisure Experiences integrates responsible hospitality and community engagement into its core operations, emphasizing sustainability and local partnerships for growth.
Zen Mobility and Delhivery have announced a strategic partnership to deploy electric vehicles across India, aiming to enhance sustainable logistics and reduce carbon emissions in the delivery sector.
Coca-Cola India debuts its inaugural digital activation at Kempegowda International Airport, blending QR code convenience with refreshment for travelers.
TCL Solar presented its latest solar energy solutions, including high-efficiency panels and smart systems, at the Korea Green Energy Expo 2026, aiming to boost global renewable adoption.
Nilesh Shah emphasizes that boosting electrification and nuclear energy is crucial for India to mitigate energy import vulnerabilities and enhance energy security.
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RecommendedCIDCO announces a massive Integrated Logistics Park in Navi Mumbai, featuring essential infrastructure, social amenities, and utility networks to establish a future-ready ecosystem.
In Badal village, Bathinda, farmers are forced to store wheat in a cremation ground due to overflowing mandis and system failures, highlighting agricultural distress.
India's hospitality industry is experiencing a golden cycle, with luxury hotel demand significantly outpacing supply, driven by strong economic growth and rising domestic tourism, according to Nomura.
Divisional Commissioner Vijayalakshmi Bidari will chair a crucial meeting on April 27 to position Nagpur as an IT and ITeS hub in central India under the state government's MahaSTRIDE initiative.
Maharashtra government has sanctioned special incentives for 18 mega industrial projects, attracting Rs 2.56 lakh crore in investments and promising to create one lakh jobs across the state.
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RecommendedThe Indian government has permitted the blending of ethanol and synthetic hydrocarbons in aviation turbine fuel, aiming to reduce emissions and boost domestic biofuel production.
Eveready Industries plans to increase alkaline battery share to 16% in three years, leveraging its new Jammu plant to boost margins and target exports.
The Industrial Park Rating System (IPRS) introduces a government-led benchmarking mechanism to evaluate industrial parks on infrastructure, sustainability, and business ease, promoting transparency and growth.
Groundwork has commenced on the 1.5km elevated Metro extension from Vanaz to Chandni Chowk in Pune, featuring two new stations and coordinated traffic management plans to minimize disruption during construction.
IT Employees' Forum representatives have requested regular meetings with labour officials to discuss issues like fraudulent job placements and PF scams. The proposal was presented to Maharashtra Labour Minister Akash Fundkar.
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RecommendedPunjab government's one-time stamp duty waiver for converting industrial plots from leasehold to freehold faces criticism from industrialists who call the April 30 deadline unreasonable and demand extension.
Seven shared infrastructure facilities at Ujjain's Medical Devices Park are set to become operational this year, enabling manufacturers to access advanced testing and production tools locally. The park aims to reduce external dependence and boost India's
Karnataka's mango production is expected to fall sharply from 13-14 lakh metric tonnes to 9-10 lakh metric tonnes this season, leading to significantly higher prices for consumers.
A major fire at Hazargo Industries in Pithampur, Indore, spread to four neighboring units, causing partial damage. Officials reveal the waste management firm faced multiple pollution complaints and chemical odor issues prior to the incident, with investig
Industrialists in Bengaluru, led by Peenya Industries Association president Danappa DP, report significant increases in water bills due to inflated sanitary charges, raising concerns over operational costs and compliance.
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RecommendedThe National Restaurant Association of India requests the excise directorate to revert to a 48-hour liquor sales ban during elections, limiting it to poll-bound areas, warning of devastating impacts on the struggling hospitality sector.
Gujarat's Kesar mango season has commenced a week early at Talala market with lower initial arrivals but steady prices. Farmers anticipate an extended season due to double flowering, while export demand remains robust despite some crop damage from unseaso
The Jai Jharkhand Mazdoor Samaj, affiliated with JMM, announces a mass awareness campaign and protest on May 12 against Bokaro Steel Plant's alleged plan to reduce its contractual workforce, potentially affecting thousands of local jobs.
Discover how Vijayapura district in Karnataka, nourished by five major rivers, has become renowned as the 'Punjab of Karnataka' for its premium Maldandi white jowar cultivation and agricultural significance.
Chief Minister Nayab Singh Saini held a high-level meeting with industrialists, securing investment proposals worth thousands of crores in electronics, defense, and consumer durables as part of Haryana's new industrial policy.
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RecommendedA massive fire erupted at HS International Tannery in Kanpur's Wajmau area due to a short circuit, gutting goods worth crores. Eight fire tenders battled the blaze for four hours, with no injuries reported.