Telangana leads India with highest govt guarantees vs GSDP
Telangana's govt guarantees hit 15.1% of GSDP, far above national average. Experts warn of fiscal risks. Read about state-wise breakdown and sector exposure.
Category : Business
FASTag Fraud: Ludhiana Man Charged While Car Parked at Home
A Ludhiana trader was shocked when his FASTag was charged Rs 150 at a toll plaza 350km away while his car was parked at home. This incident highlights growing FASTag security concerns. Read about the bank's response and a similar case.
Gurgaon OKs Manned Barriers, Orders Illegal Gates Removed
Gurgaon administration grants in-principle nod for manned boom barriers in colonies, orders RWAs to remove illegal gates. Move aims to balance security with emergency access. Read details.
Indigo IT Failure Grounds Flights, Reveals Tech Gaps
A major IT system failure at IndiGo caused widespread flight disruptions. The airline cites 100% technology insufficiency, raising questions on infrastructure resilience.
WPI Inflation Negative for 2nd Straight Month at -0.26%
India's wholesale inflation remained in deflationary territory for the second consecutive month in June 2024 at -0.26%, driven by falling food and fuel prices. Read the full analysis of the economic implications.
Dollar dips vs yen; BoJ rate hike, US data in focus
The US dollar weakened against the yen and Swiss franc as markets brace for a pivotal week featuring the Bank of Japan's expected rate hike and a flood of delayed US economic data. Stay updated on key forex movements.
20 Hisar seed, fertiliser firms get show-cause notices
Haryana's Hisar district administration cracks down on 20 agricultural input firms for alleged malpractices. Firms must respond within 15 days or face license cancellation.
Telangana to sell housing plots, regularise land holdings
Telangana govt plans to sell small housing board plots, regularise additional land, and tighten lease controls to resolve long-pending issues and protect public assets. Details inside.
Karnataka Sees Only 15% Investment Realization Since 2013
Despite approving projects worth Rs 5.50 lakh crore, Karnataka has realized only 15% of investments since 2013. Read the full analysis of the state's industrial policy challenges.
RBC Warns of Finite Capital for ETF Market Makers
RBC Capital Markets warns that a potential surge of new ETF share classes in 2026 could strain the finite capital of market-making firms, risking a bottleneck in the $13 trillion industry.
UPSIDA approves 4 logistics projects worth Rs 1,100 crore
UPSIDA greenlights four major logistics projects in Uttar Pradesh, involving Rs 1,100 crore investment. This move under the state's logistics policy aims to boost infrastructure and generate employment. Read more.
Ludhiana Sewing Machine Sector Struggles with Labour Shortage
Ludhiana's famed sewing machine manufacturing hub is battling a severe skilled labour shortage and intense competition from cheap Chinese imports. Industry leaders demand government intervention for survival.
Hapur Summit Attracts Rs 1,300 Crore Investment Proposals
Hapur-Pilkhuwa Development Authority's Invest in Hapur Summit 2025 garners Rs 1,300 crore proposals, highlighting the region's growth as a new industrial hub near Delhi-NCR. Explore the details.
Markets in Wait-and-See Mode Before Big Week
Global equities were little changed as investors await crucial US jobs and inflation data, plus decisions from major central banks like ECB and BOJ. Bitcoin fell over 2%. Read the full analysis.
India's Exports Jump 19.4%, Trade Gap Shrinks to $24.6 Billion
India's exports soared by 19.4% in November, hitting $38.1 billion, the fastest growth in over three years. The trade deficit narrowed to $24.6 billion. Key drivers included strong shipments to the US and China. Read the full analysis.
NY AG Sues UPS for $45M in Seasonal Worker Wage Theft
New York Attorney General sues UPS for allegedly stealing $45 million from seasonal workers' wages. Lawsuit claims forced off-the-clock work and illegal pay deductions. Read the full story.
Ashoknagar Oil Field Production to Start Soon
Production at Bengal's Ashoknagar oil field is imminent as ONGC and the state government finalize the deal. Union Minister Hardeep Singh Puri highlights the ₹1,000 crore investment and recent regulatory progress. Read more.
Lucknow Builder Booked for Fraud in LDA Demolition Case
Hussainganj police register fraud case against Yazdan Infrastructure owner Fahad Yazdani and associates for duping flat buyers. LDA later ordered demolition of the project. Read the full investigation.
BDA Restarts Kanteerava Underpass After 10-Year Delay
Bangalore Development Authority resumes construction of a crucial Rs 40 crore underpass at Kanteerava Studio, linking Peenya and Nandini Layout after a 10-year halt. Read the full story.
Land Acquisition for Ganga-Yamuna Expressway Link Starts Jan
YEIDA begins Rs 1,200 crore land acquisition in January for a 74.3-km link expressway connecting Ganga and Yamuna Expressways, boosting connectivity to Noida Airport. Read details.
GDA Online Portal for EWS, LIG Housing Opens Dec 15
Ghaziabad Development Authority launches online service for EWS and LIG housing registration. A committee formed to address delays. Read about the new rules for developers.
UP Approves 16 Realty Projects Worth Rs 3,200 Crore
Uttar Pradesh's real estate regulator greenlights 16 new projects across nine districts, unlocking Rs 3,200 crore investment and 3,845 residential and commercial units. Lucknow leads with six projects.
Kanpur: 4 held for Rs 37.87 crore GST fraud using fake firms
Kanpur police and tax officials bust a gang that created fake companies to evade GST worth Rs 37.87 crore. Four arrested, laptops and phones seized. Read the full investigation details.
YEIDA Raises Plot Size, Income Cap for Affordable Housing
YEIDA revises affordable housing scheme, increasing minimum plot size to 40sqm and income eligibility to Rs 8 lakh. Over 3,800 plots planned across Noida sectors. Read details.
Major Nuts & Dry Fruits Expo Opens at Yashobhoomi Jan 23
Delhi's Yashobhoomi hosts a major nuts & dry fruits trade expo from Jan 23-26. Explore global suppliers, B2B opportunities, and industry insights. Don't miss this key event!
India's First Large-Scale Lithium Refinery in Telangana
SCCL and Altmin to build a 30,000 TPA battery-grade lithium refinery in Telangana by 2027, boosting India's EV and clean energy ambitions. Read more.
India's Two-Pronged Path to Rare Earth Security
India is pursuing a dual strategy to secure its rare earth supply chain, combining domestic mining and recycling. This approach is crucial for building resilience and meeting soaring global demand. Read the expert analysis.
Bhopal Metropolitan Area Grows to 10,000 sq km
Bhopal's Metro launch coincides with a major expansion of its metropolitan region to nearly 10,000 sq km. The new plan promises balanced growth, better connectivity, and industrial hubs for Madhya Pradesh.
Indore-Ujjain Metro Region Expands to 14,550 Sq Km
The Indore-Ujjain Metropolitan Region (IUMR) expands to 14,550 sq km, integrating 35 tehsils to boost planned development and attract large-scale investment in Madhya Pradesh. Read more.
Midnight Fire Ravages Cotton Godown in Barwani's Anjad
A massive fire broke out at a ginning factory in Anjad, Barwani, destroying hundreds of cotton bales. Firefighters battled flames for over 9 hours. Read the full report on the incident and ongoing investigation.
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