Punjab to Set Up E-Waste Recycling Plant in Patiala

The Punjab state government has approved plans to establish an electronic waste recycling facility in Patiala, addressing growing environmental concerns and promoting sustainable waste management practices across the region.

Haryana Factory Fire Kills 2 Workers, Injures 1

A devastating fire broke out at a factory in Haryana, resulting in the tragic deaths of two workers and leaving one person injured. The incident highlights ongoing safety concerns in industrial areas.

Tata's $11B Innovation City, Maharashtra's Rs 30L Cr Davos Deals

Maharashtra CM Devendra Fadnavis announces Tata Group's $11 billion investment in India's first Innovation City near Navi Mumbai airport at WEF Davos. State signs MoUs worth Rs 30 lakh crore with global firms across AI, data centers, renewable energy sect

Chennai's New 4-Lane Bridge Opens on OMR

Chief Minister M K Stalin inaugurated a 60 crore vehicular overbridge at Okkiyam Madavu on Old Mahabalipuram Road, replacing a narrow crossing to improve traffic flow and flood resilience.

Bank Deposits Cover Only 83% of Credit in India

Data for December 2025 reveals India's bank deposits now fund only 83% of commercial sector credit, down from 85% a year earlier, highlighting a structural shift toward non-bank financing.

India's New Labour Codes Transform Salary & Benefit Calculations

India's four labour codes, effective November 2025, introduce a standardized wage definition that impacts statutory benefits like gratuity and PF. The reform mandates that at least 50% of salary must fall under 'wages,' while preserving tax-efficient allo

IndiGo Profit Drops 78% in Dec Quarter

IndiGo's net profit fell sharply to Rs 549 crore in Q3 FY25 due to flight disruptions, labour code provisions, and rupee devaluation, despite a 6.7% rise in total income.

General Atlantic Invests in Balaji Wafers

US private equity firm General Atlantic is acquiring a 7% stake in Rajkot-based Balaji Wafers for over Rs 2,000 crore, valuing the snack food brand at approximately Rs 35,000 crore.

Tiger Global, Microsoft Exit PhonePe Before IPO

Tiger Global and Microsoft will fully exit PhonePe as the Walmart-owned fintech prepares for a Rs 12,000 crore IPO. Walmart will reduce its stake by 10% in the offer for sale.

Guntur Bank Fraud: ₹30 Crore Scam, 5 Arrested

Police in Vijayawada have registered two criminal cases and arrested five key accused in a massive financial fraud exceeding ₹30 crore at the Nallapadu branch of Guntur District Central Cooperative Bank. The scam involved bank officials, committee members

FIEO Seeks Budget Fix for Inverted Duty Structure

The Federation of Indian Export Organizations calls for correcting inverted customs duties in the upcoming Union Budget to enhance cost competitiveness and support domestic manufacturing across key sectors.

Gold Tops $4,900/oz; Silver & Platinum Rally to Records

Gold prices surged past $4,900 per ounce for the first time, driven by geopolitical tensions, a weaker US dollar, and Fed rate cut expectations. Silver and platinum also reached unprecedented highs in a broad precious metals rally.

PMO Urges Indian Missions: 'Every Country Matters' for Trade

Indian commercial missions receive clear directive from PMO and commerce department to prioritize trade diversification across all nations, with monthly reviews and focus on e-commerce, sustainability, and Brand India initiatives.

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