Trump Warns Canada Over 50% Aircraft Tariff
US President Donald Trump threatens 50% tariff on all Canadian aircraft imports, escalating tensions with Prime Minister Mark Carney over Gulfstream certification issues.
Category : Business
Economic Survey 2025-26: PSU Stake Sale, Duty Correction for Budget
The Economic Survey 2025-26 recommends reducing minimum government stake in listed PSUs to 26%, correcting inverted duty structures, and attracting FDI to boost manufacturing competitiveness ahead of the Union Budget.
Raipur-Visakhapatnam Corridor to Cut Travel Time by Half
The under-construction Raipur-Visakhapatnam economic corridor will reduce travel time from 12 hours to 6-7 hours, featuring eco-sensitive design with wildlife mitigation structures.
UP Cabinet Approves New Sugar Plant in Muzaffarnagar
Uttar Pradesh cabinet approves setting up a new sugar plant in Morna, Muzaffarnagar, with increased crushing capacity to reduce technical losses and benefit sugarcane farmers.
ONGC to Offload OPaL Stake via Global Tender
State-run ONGC plans a global tender to sell stake in subsidiary OPaL, part of government asset monetization. OPaL's FY25 revenue rose to ₹14,804 crore amid India's petrochemical growth.
EU Trade Deal: Boost for India's Aircraft Maintenance Workshops?
India aims to leverage the EU trade treaty for mutual recognition of MRO certifications. Currently, only 10 of 149 DGCA-certified facilities have EASA approval. Harmonization could unlock lucrative European aircraft maintenance work.
Coimbatore Riverfront Project Gets ₹202.5 Crore Sanction
Coimbatore Municipal Corporation's Noyyal riverfront development project receives ₹202.5 crore administrative sanction from Tamil Nadu government, with tenders invited for eco-friendly transformation.
UP Approves Aadhaar-Based Property Registration to Prevent Fraud
Uttar Pradesh cabinet approves Aadhaar authentication for property registration from February 1, 2024, aiming to prevent land scams through fake registrations and increase transparency.
Karnataka UDAN Scheme: Only 11 of 42 Routes Active
A decade after UDAN scheme launch, Karnataka struggles with only 11 operational routes out of 42 selected, highlighting sustainability issues and passenger uncertainty.
TN Offers 20% Subsidy for Textile Machines, Rs 30 Crore Yearly
Chief Minister M K Stalin announced a 20% capital subsidy for weaving and knitting machines and Rs 30 crore annual allocation at the International Textile Summit in Coimbatore, highlighting Tamil Nadu's 33% share in India's textile trade.
UP Power Sector Upgrades Boost Industrial Growth
The Uttar Pradesh government is implementing significant power infrastructure upgrades to ensure stable, affordable electricity for industries, with over 1.5 million transformers installed since 2017.
Bus Unions to Protest in Bengaluru on Friday Over Pay Issues
Bus unions in Bengaluru will stage a protest on Friday demanding arrears and pay hikes, following the postponement of a meeting due to the death of veteran leader H V Ananth Subbarao.
Live Entertainment Sector Surpasses Rs 10,000 Cr in 2024
India's live entertainment sector has rebounded strongly post-pandemic, exceeding Rs 10,000 crore in 2024. The Economic Survey highlights its role in boosting tourism and urban services.
Economic Survey Calls for RTI Act Review
The Economic Survey 2025-26 recommends revisiting the RTI Act, proposing exemptions for policy deliberations and exploring a ministerial veto with parliamentary oversight.
PM Modi on Economic Survey: India's Reform Express & Growth Forecast
Prime Minister Narendra Modi praised the Economic Survey 2026, highlighting strong macroeconomic fundamentals, inclusive development, and a growth projection of 6.8-7.2% for the next fiscal year.
AMTS Rs 991 Crore Budget, Full AC Bus Fleet by 2030
Ahmedabad Municipal Transport Service approves a draft budget of Rs 991 crore for 2026-27, focusing on electrification, new depots, and integration with BRTS for enhanced public transport.
Economic Survey 2025-26: India's 7% Growth Target & Challenges
India's Economic Survey 2025-26 projects 7% GDP growth for FY27, emphasizing strategic sobriety and balanced policy approaches amid global disruptions and domestic challenges.
GIL Wins Rs 30 Crore Vietnam Order for Su-30 Parachutes
State-owned Gliders India Limited (GIL) has secured a Rs 30 crore export contract from Vietnam for critical braking and safety parachutes for Su-30 fighter aircraft, boosting India's defence manufacturing reputation.
Punjab Tax Crackdown: 141 Vehicles Held in GST Evasion Drive
Punjab taxation department conducted a statewide enforcement campaign, detaining 141 vehicles for verification. Focus was on iron and steel trade hubs with suspected tax evasion through invoice-less movements and GST misuse.
Rupee Falls to 91.96 vs Dollar, Nears Record Low of 92
The Indian rupee weakened to 91.96 against the US dollar on Thursday, down 18 paise from its previous close, as strong dollar demand and RBI intervention capped losses. Market sentiment remains cautious ahead of the Union Budget.
IGI Opens Second Gem Lab in Jaipur
The International Gemological Institute inaugurates its second laboratory in Jaipur, enhancing certification for gemstones and jewellery while supporting trade growth.
India's Economy on High-Growth Path, Inflation at Historic Lows: FM
Finance Minister Nirmala Sitharaman highlights India's robust macroeconomic fundamentals, with inflation moderated to 1.3% and GDP growth projected at 7.4% this year, ahead of the upcoming budget presentation.
IT Sector Phases Out Work-From-Home, Mandates Office Return
India's IT sector is phasing out pandemic-era work-from-home policies, with companies like TCS, Infosys, and Wipro implementing strict hybrid work norms linking office attendance to pay and career progression.
World Bank Chief Applauds India-EU Trade Agreement
World Bank Group President Ajay Banga praises the India-EU trade deal, emphasizing emerging markets' growing importance in global trade and India's infrastructure development.
Silver Hits Rs 4 Lakh/kg, Gold Above Rs 1.8 Lakh/10gm Amid Tensions
Silver prices in India surged past Rs 4 lakh per kilogram for the first time ever, while gold crossed Rs 1.8 lakh per 10 grams on MCX, driven by geopolitical tensions and safe-haven demand.
Farmer Dies After Bank Account Emptied in Lucknow
A 60-year-old farmer from Lucknow's Para area died of shock after discovering his life savings of nearly Rs 12 lakh missing from his bank account, with police investigating possible banking fraud.
Moissanite Fraud Threatens Surat's Lab-Grown Diamond Hub
Surat, India's diamond capital, faces a new challenge as moissanite synthetic stones are being fraudulently sold as lab-grown diamonds in jewellery, threatening the industry's credibility and consumer trust.
Nagpur's Outward Growth Outpaces Urban Core: Satellite Analysis
Satellite imagery and government analysis show Nagpur's semi-urban areas growing faster than the city core over the past decade, reshaping urban development patterns across major Indian cities.
BPCL's ₹35,000 Crore LNG Tender Draws Global Energy Majors
BPCL's massive 10-year LNG tender worth ₹35,000 crore has attracted interest from Adnoc Gas, TotalEnergies, Gunvor, and other global energy players as India seeks long-term gas security.
Economic Survey 2023: Manufacturing as Strategic Imperative
The Economic Survey 2023 highlights manufacturing competitiveness and exports as crucial for currency stability, advocating a calibrated shift from import substitution to global value chain integration.
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