Pai Seeks Probe Into CJ Roy Death, Criticizes Tax Terrorism
Former Infosys CFO TV Mohandas Pai calls for transparent investigation into Confident Group chairman CJ Roy's suicide, alleging tax terrorism by I-T department against businesses.
Category : Business
Veraval Seafood Export Boost: Import Rules Eased in Budget 2026
Gujarat's marine export hub Veraval welcomes Budget 2026 measures easing import rules for seafood processing inputs, promising lower costs and enhanced global competitiveness for India's seafood industry.
Saudi Stocks Drop 1.9% on Metals Selloff, Geopolitical Fears
Saudi Arabian equities fell sharply as global metals selloff hit miners and Iran-Israel tensions escalated. The Tadawul index dropped 1.9%, its biggest decline in nearly ten months.
Amul Welcomes Budget 2026-27 for Dairy and Cooperative Sector
The Gujarat Co-operative Milk Marketing Federation (GCMMF), known for Amul, applauds Union Budget 2026-27 measures, including tax reforms, freight corridors, and investments in veterinary education, to boost the dairy economy and rural livelihoods.
Kolkata Metro Budget 2026: Orange Line Rs 705.5 Cr, Purple Line Rs 906 Cr
Kolkata's metro projects receive varied funding in Budget 2026, with Orange Line allocation at Rs 705.5 crore and Purple Line at Rs 906 crore, amid ongoing land and construction challenges.
Bank Manager Prevents Rs 40 Lakh Fraud on Senior Citizen in Coimbatore
A vigilant Bank of Baroda manager in Thudiyalur, Coimbatore, prevented a 62-year-old man from losing Rs 40 lakh to online investment fraudsters by alerting cybercrime police.
Bitcoin's Bleed Deepens: Price, Relevance, Conviction Fade
Bitcoin slips below $76,000, down 40% from 2025 peak, marking longest monthly losing streak since 2018. Analysts warn recovery may take years as demand fades and capital shifts to AI, precious metals.
Centre's FY27 Capex Target: Rs 12.22 Lakh Crore, Up 11.5%
The Indian government has allocated Rs 12.22 lakh crore for capital expenditure in FY27, a 11.5% increase, focusing on infrastructure and economic recovery amid private investment challenges.
Coimbatore Textile Bodies Welcome Budget, Raise Cotton Duty Issue
Textile and industrial bodies in Coimbatore and Tirupur welcome Union Budget 2026 measures for modernization and MSME growth, but express concerns over cotton import duty and environmental priorities.
FII Tax Hike Causes Rs 9.4 Lakh Crore Market Loss
Indian stock markets plummeted by Rs 9.4 lakh crore after a tax hike on Foreign Institutional Investors (FIIs), causing widespread investor panic and raising concerns about future foreign capital inflows.
PM Modi: Budget to Accelerate Economic Reforms
Prime Minister Narendra Modi announced that the upcoming Union Budget will provide fresh momentum to India's economic reforms, focusing on growth and development.
7 High-Speed & Freight Corridors to Transform Railways
Railway Minister Ashwini Vaishnaw announces seven high-speed and dedicated freight corridors to transform rail transportation in India, boosting efficiency and connectivity.
₹12.2 Lakh Crore Infrastructure Plan for Future-Ready India
The Indian government has unveiled a massive ₹12.2 lakh crore infrastructure development plan aimed at building a future-ready Bharat. This comprehensive strategy focuses on modernizing transportation, energy, and digital networks to boost economic growth
Punjab Industry Grows but MSME Job Cuts Raise Concern
Punjab's industrial sector shows growth, but significant job cuts in MSMEs raise economic concerns. Experts analyze the mixed signals and their impact on the state's economy.
Govt Proposes Integrated Programme for Textile Export Push
The Indian government has unveiled a proposed integrated programme aimed at significantly boosting textile exports, focusing on infrastructure, technology, and market access to enhance global competitiveness.
Bengaluru Industry Mixed on Budget 2026: MSME Boost vs Gaps
Bengaluru's industrial bodies welcome Union Budget 2026's focus on MSMEs and manufacturing but highlight critical gaps in credit access, awareness, and support for micro-enterprises in Karnataka.
Durgapur Gains from Budget's East Coast Industrial Corridor
Union Budget 2026-27 proposes an integrated East Coast Industrial Corridor with a node at Durgapur, promising enhanced logistics and reduced costs for the steel city's industries, part of the Purvodaya States initiative.
Budget 2026: No TAN Needed for Buying Property from NRIs
Union Budget 2026-27 proposes that resident individuals and HUFs won't need TAN when purchasing property from NRIs, simplifying TDS compliance from October 2026.
Budget 2026: TCS Cut to 2% for Education, Medical & Travel
Union Budget 2026-27 reduces TCS rates for self-funded education, medical purposes, and overseas tour packages from 5% to 2% under LRS. Other remittances remain at 20%.
Kolkata Leather Sector Welcomes Union Budget 2026-27 Measures
Kolkata's leather goods manufacturers welcome Union Budget 2026-27 measures allowing duty-free imports for shoe uppers and extending export timelines, providing relief amid high costs and US tariffs.
Capgemini Divests US Unit Over ICE Contract Scrutiny
French IT giant Capgemini announces sale of US subsidiary Capgemini Government Solutions following criticism over contracts with US Immigration and Customs Enforcement (ICE).
Budget 2026: Capex, Reforms & Rupee Defence Take Priority
Finance Minister Nirmala Sitharaman's Union Budget 2026 prioritizes capital expenditure, structural reforms, and rupee defense over populist measures. Key announcements include a comprehensive FEMA review to attract foreign investment.
New Dedicated Freight Corridor Dankuni-Surat Announced
Union Finance Minister Nirmala Sitharaman announced a 2,052km dedicated freight corridor connecting Dankuni in West Bengal to Surat in Gujarat during the 2026-27 budget speech, aiming to boost economic activity across six states.
Cigarette Tax Hikes Halt Tobacco Auctions in Karnataka
The Federation of All India Farmer Associations warns that steep tax increases on cigarettes have stopped tobacco auctions at 10 Karnataka platforms, causing farmer distress and threatening Andhra Pradesh.
AP Chambers on Budget: Growth Focus, Polavaram Disappointment
AP Chambers of Commerce president Potluri Bhaskar Rao praised the Union Budget 2026-27 as growth-oriented with SME support but expressed disappointment over inadequate funding for Polavaram and Amaravati projects.
Budget 2026 Lacks Farm Import Substitution: Gunbir Singh
Former CII Punjab chairman Gunbir Singh criticizes Union Budget 2026-27 for missing farm-based import substitution efforts and employment generation measures while acknowledging some positives.
Telangana Power Discoms in Financial Crisis: 9% of National Losses
Telangana's power distribution companies face severe financial stress with ₹46,127 crore debt, contributing 9% to national discom losses. State ranks among top subsidy providers with ₹16,016 crore in power subsidies.
Old Mysuru's Mixed Response to Union Budget 2026-27
Union Finance Minister Nirmala Sitharaman's 9th budget receives both praise and criticism in Karnataka's Old Mysuru region, with industry bodies welcoming MSME focus while opposition leaders decry neglect of agriculture and social justice.
Budget 2026: Fiscal Prudence Over Poll Sops, Jobs & Growth Focus
Finance Minister Nirmala Sitharaman's Union Budget 2026 emphasizes fiscal prudence, job creation, and economic growth, resisting populist measures while championing self-reliance through exports and long-term investments.
Budget 2026: STT Hike, Women's Safety Draw Flak
Union Budget 2026 faces backlash from traders, FIIs, and women's groups over increased STT and insufficient safety measures. Experts warn of reduced market attractiveness.
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