Industry

Initial Investigation Reveals Weak Soil and Water Accumulation as Causes of Lucknow-Kanpur Expressway Failures

NEW DELHI: An assessment by IIT Kharagpur has identified weak and highly plastic soil as a primary cause of premature…

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High Court Orders FDA to Compensate Sweets Seller for Unlifted Suspension Despite Compliance

MUMBAI: The Bombay High Court has ordered the Food and Drugs Administration (FDA) to pay Rs 5 lakh to a…

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Trump Administration Officials Hold Over $100 Million in Wealth, Outpacing Previous Leaders in High-Value Appointments

US President Donald Trump has appointed a record number of ultra-wealthy officials during his administration. A report from consumer advocacy…

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Russia Confronts New Fuel Shortages Amid Disruptions from Refinery Attacks

Fuel shortages have reemerged in Russia, prompting authorities in at least 10 regions to impose tighter restrictions on petrol sales.…

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E20 Petrol Controversy: Chief Economic Adviser Nageswaran Advocates for Return of Lower Ethanol Blend Fuel at Pumps

Chief Economic Adviser V Anantha Nageswaran has urged the Indian government to consider reintroducing petrol with a lower ethanol blend,…

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Asian Refiners Seek Saudi Aramco Shipments to Avoid Red Sea Risks

With rising security concerns in the Red Sea, several Asian refiners are hesitant to pick up crude oil shipments from…

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Indian Tech Professionals Face Significant Impact as US Green Card Approvals Decline

In a significant setback for Indian tech professionals, the approval rate for the EB-1A visa, a pathway to U.S. green…

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India’s Telecom Equipment Sector: $50 Billion Export Potential and Key Challenges Identified by Niti Aayog

India’s telecom and network equipment sector is poised to significantly boost the country’s GDP, with ambitions to double its contribution…

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Rupee Declines 17 Paise to 95.59 Against US Dollar Amid FCNR Swap Deadline Impacting Market Sentiment

The Indian rupee opened the week on a weak note, depreciating by 17 paise to 95.59 against the US dollar…

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Insolvency and Bankruptcy Board Focuses on Preventing Legal Misuse

NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) has released a discussion paper aimed at preventing the misuse…

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Oil Prices Remain Stable Amidst Zero Traffic in Hormuz and Stalled Iran-US Talks on Strait Access

Oil prices remained stable in early trading on Monday, with Brent crude rising 0.42% to $88.89 per barrel and WTI…

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JP Morgan Aims for Expanded Role in Mergers and Acquisitions

MUMBAI: JP Morgan is positioning itself for a larger role in mergers and acquisitions (M&A) financing following the Reserve Bank…

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India’s Forex Demand Expands Beyond Metros as Tier-2 and Tier-3 Cities Capture 53% Market Share

India’s foreign exchange demand is increasingly driven by smaller urban centres, with tier-2 and tier-3 cities accounting for over half…

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Report Highlights Need for Accelerated Growth and a Stronger Rupee for India to Achieve $20 Trillion Economy by 2036

India could achieve a $20 trillion economy by 2036 if it raises underlying rupee growth to approximately 14.2% and maintains…

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Government Sets Refinery-Specific Production Targets; Reliance Receives Largest Quota

India has established production targets for individual refineries and upstream companies for the first time, aiming to strengthen its domestic…

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