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Commercial LPG Cylinder Up ₹10, Third Straight Monthly Hike Ahead of Festive Season
economy

Commercial LPG Cylinder Up ₹10, Third Straight Monthly Hike Ahead of Festive Season

Commercial LPG cylinder prices rose by around ₹10 on November 1, 2026, the third consecutive monthly increase, taking the Delhi rate to ₹2,820. The revision follows a ₹65 hike in October and a smaller increase in September, partly offsetting the ₹380 cumulative cut in July and August. Domestic household cylinder prices are set separately and are not part of this change.

01 Nov 2026, 03:44 AM
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AI cost fears trigger sharp fall in US tech stocks
economy

AI cost fears trigger sharp fall in US tech stocks

US technology stocks fell sharply on Friday as investors worried about the rising cost of AI infrastructure. Intel shares dropped as much as 30% and Amazon and Alphabet also declined, while the Nasdaq opened at a two-month low. Analysts said questions are growing over when heavy AI spending will translate into profits.

30 Oct 2026, 03:46 PM
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World Bank: India Lifted 496 Million People Out of Extreme Poverty in 12 Years
economy

World Bank: India Lifted 496 Million People Out of Extreme Poverty in 12 Years

The World Bank's October 2026 Poverty and Equity Brief estimates that India lifted about 496 million people out of extreme poverty between 2011 and 2023, with the share of the population in extreme poverty falling from 27.1 per cent to 2.6 per cent. It credits consumption growth, rising employment and expanded social transfers, while flagging a concentration of poverty in a belt from Uttar Pradesh to West Bengal and rising youth unemployment.

30 Oct 2026, 05:09 AM
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Aavin Hikes Prices of 25 Milk Products Ahead of Deepavali, Cites Rising Input Costs
economy

Aavin Hikes Prices of 25 Milk Products Ahead of Deepavali, Cites Rising Input Costs

Aavin has increased prices of around 25 milk-based products, including ghee, curd, and buttermilk, ahead of Deepavali, citing rising raw material and procurement costs. The federation says 90% of the additional revenue will go to dairy farmers. A consumer activist criticised the timing, noting that consumers are already dealing with high prices of essential commodities.

27 Oct 2026, 03:49 PM
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Rice at ₹85 a kg: Telangana warns traders against artificial shortage as prices bite
economy

Rice at ₹85 a kg: Telangana warns traders against artificial shortage as prices bite

Rice prices in Hyderabad and other parts of Telangana have risen from about ₹45 to ₹80–₹85 a kilogram, straining household budgets. The State Civil Supplies department has warned wholesalers and retailers against creating an artificial scarcity and directed them to display stock and price details at their outlets. Officials said stocks and prices will be monitored continuously.

27 Oct 2026, 03:55 PM
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Sensex drops 282 points as high crude oil prices and IT stock selling drag markets
economy

Sensex drops 282 points as high crude oil prices and IT stock selling drag markets

The Sensex fell 281.95 points to 73,316.21 and the Nifty slipped 63.15 points to 22,694.60 in early trade, dragged by elevated crude oil prices and selling in IT stocks such as Infosys, TCS and HCL Tech. Foreign institutional investors sold equities worth ₹1,462.49 crore on Monday, while markets await the U.S. Federal Reserve's policy guidance on inflation and interest rates.

27 Oct 2026, 05:50 AM
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Noel Tata Calls Chandrasekaran's Reappointment 'Void', Seeks Records on TVS Motor Dealings
economy

Noel Tata Calls Chandrasekaran's Reappointment 'Void', Seeks Records on TVS Motor Dealings

Noel Tata, chairman of Tata Trusts, has written to Tata Sons calling the September 17 resolution reappointing N Chandrasekaran as executive chairman "void" and demanding board records on how the decision was taken. His letter also asks whether potential conflicts of interest involving TVS Motor and a company linked to Chandrasekaran's family were disclosed. The claims are unverified and no finding of wrongdoing has been made.

27 Oct 2026, 03:16 AM
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Telangana farmers cash in as rice prices soar; buyers pre-book paddy harvest
economy

Telangana farmers cash in as rice prices soar; buyers pre-book paddy harvest

Paddy farmers in Telangana are selling fresh fine rice harvest at ₹3,000–₹3,500 per quintal in open markets, above the MSP of ₹2,450 plus a ₹500 bonus. Individual buyers are pre-booking harvests to lock in prices, even as the State has urged farmers to avoid Rabi paddy sowing because of an El Niño-linked water shortage.

26 Oct 2026, 03:32 AM
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Bihar tallies ₹1.21 lakh crore in investment proposals ahead of Gaya industrial city launch
economy

Bihar tallies ₹1.21 lakh crore in investment proposals ahead of Gaya industrial city launch

Bihar has received 1,091 investment proposals worth ₹1,21,863 crore since 2025, with a potential for over 68,807 jobs, Industries Minister Shreyasi Singh said. The government will inaugurate the 1,670-acre Bihar Integrated Manufacturing City in Gaya on October 24, after which land allotment will begin. The figures refer to proposals received, not investment already made.

24 Oct 2026, 04:57 AM
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Tamil Nadu cuts jet fuel VAT at Chennai airport from 29% to 16%
economy

Tamil Nadu cuts jet fuel VAT at Chennai airport from 29% to 16%

Tamil Nadu has reduced VAT on aviation turbine fuel for scheduled airlines at Chennai airport from 29% to 16%, effective November 1, 2026 to October 31, 2027, and cut the rate at the State's other airports to 1%. The reduction meets a long-standing demand from airlines and the Union government, though carriers have not committed to passing on the benefit through lower fares.

23 Oct 2026, 01:45 PM
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RBI caps withdrawals at ₹5,000 from Puducherry Co-operative Urban Bank
economy

RBI caps withdrawals at ₹5,000 from Puducherry Co-operative Urban Bank

The Reserve Bank of India has restricted operations at Puducherry Co-operative Urban Bank Limited, allowing depositors to withdraw up to ₹5,000 and barring new loans, investments and fresh deposits without approval. The bank must display notices on DICGC insurance cover and withdrawal limits, and set up help desks for grievances. A government source said the bank’s finances are weak but not alarming.

22 Oct 2026, 03:32 PM
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Diwali Rush Drives 15% Rise in Grey-Collar Jobs: The Skills Companies Are Now Hunting For
economy

Diwali Rush Drives 15% Rise in Grey-Collar Jobs: The Skills Companies Are Now Hunting For

Logistics companies are hiring 15 to 20 per cent more temporary workers this festive season, with demand shifting towards grey-collar roles that combine manual work with digital skills. Industry data shows only about 4 per cent of the freight logistics workforce has formal vocational training, prompting calls for clearer career paths, accessible mobile-based courses and wider social security for gig workers.

22 Oct 2026, 05:02 AM
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Jio Platforms' Rs 30,213-Crore IPO Opens: Price Band, Lot Size and Key Risks
economy

Jio Platforms' Rs 30,213-Crore IPO Opens: Price Band, Lot Size and Key Risks

Jio Platforms' Rs 30,213-crore initial public offering opened on 21 October and closes on 23 October, with a price band of Rs 1,065 to Rs 1,119 per share and a minimum investment of Rs 12,780. At the upper band, the listing would value the company at about Rs 10.3 lakh crore, making it India's largest IPO, though analysts point to valuation, regulatory and capital-spending risks.

21 Oct 2026, 04:48 AM
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Truzon Clean Energies wins ₹236-crore solar EPC order for 72 MW in Maharashtra
economy

Truzon Clean Energies wins ₹236-crore solar EPC order for 72 MW in Maharashtra

Truzon Clean Energies has won a ₹236-crore EPC contract from Hariom Power & Energy for 72 MW of ground-mounted solar projects in Maharashtra, to be built under PM-KUSUM Component C across Hingoli, Latur, Parbhani and Beed districts. The Hyderabad firm, which counts cricketers Sachin Tendulkar, Suryakumar Yadav and Tilak Varma among its investors, says it has already executed 15 MW and expects the full capacity to generate 89.89 million units annually.

18 Oct 2026, 03:37 AM
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Supreme Court Sets Aside Yes Bank AT1 Write-Off: What the Ruling Means for Bondholders
economy

Supreme Court Sets Aside Yes Bank AT1 Write-Off: What the Ruling Means for Bondholders

The Supreme Court has set aside the write-off of Yes Bank's Additional Tier 1 bonds carried out during its 2020 rescue, holding that the administrator lacked the authority to order it. The bank says its key capital ratio could fall by about 2.5 percentage points, and its shares fell sharply. The ruling could affect how losses are imposed on bondholders in future bank rescues.

16 Oct 2026, 05:46 AM
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Mumbai Restaurant Bills Set to Rise 10–15% as AHAR Cites Surging Gas, Food and Rent Costs
economy

Mumbai Restaurant Bills Set to Rise 10–15% as AHAR Cites Surging Gas, Food and Rent Costs

Restaurants in Mumbai are expected to raise menu prices by 10% to 15% in the coming weeks, according to the Indian Hotel and Restaurant Association, which cites higher commercial gas, food, rental and labour costs. AHAR president Vijay K. Shetty said the revision is needed to sustain operations, not for profiteering. The increase will not be uniform, with each establishment deciding its own timing and extent.

16 Oct 2026, 03:30 AM
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Rupee gains 44 paise to 94.92 as RBI steps in to curb dollar demand
economy

Rupee gains 44 paise to 94.92 as RBI steps in to curb dollar demand

The rupee appreciated 44 paise to 94.92 against the U.S. dollar in early trade on Wednesday, helped by RBI measures to reduce near-term dollar demand and curb speculation. The currency has now gained for three consecutive sessions, though traders expect external pressures to limit further gains. Domestic equities opened marginally lower.

14 Oct 2026, 05:00 AM
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Sitharaman Says She Will 'Keenly Hear' Views on LTCG and STT as Markets Rise 1%
economy

Sitharaman Says She Will 'Keenly Hear' Views on LTCG and STT as Markets Rise 1%

Finance Minister Nirmala Sitharaman said she would keenly hear views on the long-term capital gains tax and the securities transaction tax, without confirming whether either would be considered in the Budget 2027 preparations. She also said the RBI would continue acting to curb rupee volatility rather than fix its level, shortly after which the stock market rose about 1%.

13 Oct 2026, 01:44 PM
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Chennai Dominates Tamil Nadu's Residential Market with 51.5% of Launches: Report
economy

Chennai Dominates Tamil Nadu's Residential Market with 51.5% of Launches: Report

A report by JLL released at CREDAI Tamil Nadu's STATECON 2026 reveals that Chennai accounts for 51.5% of the state's residential launches, while plotted developments dominate secondary growth corridors. The conference discussed strategies to support Tamil Nadu's ambition of becoming a $1.5-trillion economy by 2036, including regulatory reforms and affordable housing.

11 Oct 2026, 01:52 PM
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Tomato prices rise in Andhra Pradesh as Madanapalle arrivals fall ahead of festive season
economy

Tomato prices rise in Andhra Pradesh as Madanapalle arrivals fall ahead of festive season

Tomato prices in Andhra Pradesh's Rayalaseema districts have risen after arrivals at the Madanapalle market yard fell to 62 tonnes on Wednesday from 88 tonnes a day earlier, with first-grade produce quoted at ₹410 per 10 kg. Retail prices are ruling at ₹45 to ₹50 a kg in Madanapalle, Kadapa, Tirupati and Kurnool. Traders expect prices to stay firm through the Dasara, Diwali and Ayyappa Deeksha season unless arrivals improve, while farmers say retail rates do not fully reach them after costs.

01 Oct 2026, 03:30 AM
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CAG flags 12,393 acres of Odisha industrial land lying unutilised, encroachments unchecked
economy

CAG flags 12,393 acres of Odisha industrial land lying unutilised, encroachments unchecked

A CAG report tabled in the Odisha Assembly has found that 12,393.651 acres of land allotted for industry between 1981 and 2021 were never used for their sanctioned purpose, with a further 252.692 acres diverted. The audit also flagged 668.893 acres of government land worth ₹597.87 crore under unauthorised occupation, including 10 acres of Bhubaneswar forestland held by the Kalinga Institute of Social Sciences despite a pending case.

29 Sep 2026, 01:48 PM
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Rupee slips 11 paise to 95.84 as crude oil holds above $100 amid West Asia uncertainty
economy

Rupee slips 11 paise to 95.84 as crude oil holds above $100 amid West Asia uncertainty

The rupee fell 11 paise to 95.84 against the U.S. dollar in early trade on Thursday, pressured by a stronger dollar, firm U.S. bond yields and crude oil prices holding above $100 a barrel amid stalled West Asia diplomacy. Domestic equities also declined, with the Sensex down 506 points, though foreign investors remained net buyers of Indian shares on Wednesday.

24 Sep 2026, 05:10 AM
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Spinning mills urge Centre to scrap 11% cotton import duty permanently
economy

Spinning mills urge Centre to scrap 11% cotton import duty permanently

The Southern India Mills' Association has renewed its demand for the permanent removal of the 11 per cent import duty on cotton, saying the levy fuels price volatility across the textile value chain. SIMA chairman Durai Palaniswamy also sought curbs on speculation and a review of the Cotton Corporation of India's pricing policy, while the association announced its office bearers for 2026-27.

22 Sep 2026, 01:50 PM
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Over 3,670 MSMEs Tap Into PSU Supply Chains as Tamil Nadu Expands Vendor Outreach
economy

Over 3,670 MSMEs Tap Into PSU Supply Chains as Tamil Nadu Expands Vendor Outreach

Tamil Nadu has held 13 vendor development programmes to connect MSMEs with public sector undertakings, with more than 3,670 small firms benefiting so far, MSME Minister P. Mathan Raja said in Thoothukudi. He cited a ₹2,141 crore budget allocation for MSMEs this year and a ₹600 crore capital subsidy scheme, and said the State's $1.5 trillion economy target for 2036 depends on large industry and small firms working together.

18 Sep 2026, 01:49 PM
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State revenue receipts lag at 32% of annual Budget estimate after five months
economy

State revenue receipts lag at 32% of annual Budget estimate after five months

The State’s revenue receipts reached only 32.14% of the annual Budget estimate at the end of August, with non-tax revenue and grants lagging significantly. Tax collections were relatively better but several heads remained below 40% of their targets. Pensions and interest payments continued to dominate expenditure, while the revenue deficit stood at ₹14,840 crore.

18 Sep 2026, 01:54 PM
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Copper at ₹1,450 a kg: Coimbatore's MSMEs squeezed as prices jump 75% in a year
economy

Copper at ₹1,450 a kg: Coimbatore's MSMEs squeezed as prices jump 75% in a year

Copper prices in Coimbatore have risen nearly 75% in a year to about ₹1,450 a kg, squeezing MSMEs that make auto components, pumps and electronic goods. Industry representatives say units have passed on only 10%–15% of the increase because prices are fixed annually or once in two years. Rising costs of steel, zinc and petroleum-based products have added to the pressure on the cluster's competitiveness.

16 Sep 2026, 03:31 PM
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Tiruppur knitwear units urge Centre to fix minimum floor price for cotton yarn
economy

Tiruppur knitwear units urge Centre to fix minimum floor price for cotton yarn

A joint committee of Tiruppur knitwear manufacturers and Tamil Nadu textile mill associations has asked the Union government to fix a minimum floor price for cotton yarn and to link yarn exports to it. The panel also sought removal of import duty on cotton for five years, priority CCI supply for State mills, and direct cotton procurement by the Tamil Nadu government.

14 Sep 2026, 01:29 AM
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PepsiCo opens first Northeast foods plant in Assam, eyes India in its top 10 global markets
economy

PepsiCo opens first Northeast foods plant in Assam, eyes India in its top 10 global markets

PepsiCo has opened its first foods manufacturing plant in India's Northeast — a 44.2-acre facility at Danguapara in Assam's Nalbari district, and its fifth such unit in the country. The plant, part of the company's investment commitment through 2030, will directly employ 700 people, over 75% of them women, and is expected to support thousands of potato farmers. PepsiCo says the expansion is aimed at placing India among its top 10 global anchor markets.

10 Sep 2026, 03:33 PM
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Coimbatore foundry hub logs 20% growth, faces skilled manpower crunch
economy

Coimbatore foundry hub logs 20% growth, faces skilled manpower crunch

Coimbatore's foundry industry has grown by 20% in the last year, with demand outstripping supply. The sector produces 1.5 million tonnes of castings annually, worth ₹25,000 crore, and exports ₹10,000 crore worth. A three-day expo starting September 10 will showcase new technologies to address skilled manpower shortages.

08 Sep 2026, 03:47 PM
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Udaan acquires Swiggy's Lynk Logistics in ₹500 crore deal
economy

Udaan acquires Swiggy's Lynk Logistics in ₹500 crore deal

Udaan has agreed to acquire Swiggy's retail distribution arm Lynk Logistics for ₹500 crore. Swiggy will receive a 2.8% stake in Udaan and invest ₹75 crore more for an additional 0.4% stake. The deal aligns with Udaan's recent recapitalisation and growth strategy.

07 Sep 2026, 01:45 PM
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GDP Data Clash: World Bank's Mishra Terms Critics 'Ill-Educated and Egregiously Wrong'
economy

GDP Data Clash: World Bank's Mishra Terms Critics 'Ill-Educated and Egregiously Wrong'

World Bank's Neelkanth Mishra has dismissed critics of India's 7.8% GDP growth as 'ill-educated and egregiously wrong', while former Finance Secretary Subhash Chandra Garg continues to argue that the figure is inflated by a change in the base year. The debate highlights the government's shift to a new statistical series and the gap between official numbers and ground realities.

04 Sep 2026, 04:58 AM
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Tamil Nadu MSME Policy Statement Disappoints Industry: Infrastructure Omitted
economy

Tamil Nadu MSME Policy Statement Disappoints Industry: Infrastructure Omitted

MADITSSIA expressed disappointment over Tamil Nadu's MSME policy statement, saying it omitted key demands like 100% infrastructure facilities, power charge reductions, and the Madurai–Thoothukudi industrial corridor. The industry body welcomed some measures, including ₹600 crore subsidy disbursal and the single window portal, while hoping for a more comprehensive future policy.

03 Sep 2026, 03:33 PM
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