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NEW DELHI: The Centre has, for the first time, tied a portion of funding under the Special Assistance to States for Capital Investment (SASCI) scheme to fiscal discipline, seeking to nudge states toward better debt management and greater transparency in fiscal reporting. The Department of Expenditure has finalised modalities for Rs 1.75 lakh crore out of the Rs 2 lakh crore allocation under the scheme, introducing reform-linked incentives, including fiscal benchmarks, with a special dedicated w ...Read More >
New Delhi: Supreme Court on Monday directed CBI to probe allegations of favouritism in allotment of contracts of public works to firms linked to Arunachal chief minister Pema Khandu and his kin during 2015-2025 across all districts in the state. A three-member bench, comprising justices Vikram Nath, Sandeep Mehta and NV Anjaria, ordered that CBI should launch a preliminary enquiry within two weeks and the probe should cover execution of public work contracts and work orders from January 2015 to ...Read More >
New Delhi: India has issued a global tender for the import of 2.5 million tonnes of urea to bolster the reserves of the most-used soil nutrient ahead of the main planting season that begins in June. Indian Potash Ltd (IPL) issued the tender for bulk import of granular and prilled urea. It must be loaded onto a ship that must depart the export location before June 14, according to the tender issued on April 4. Urea imports in India are handled through a structured electronic bidding process run ...Read More >
New Delhi: The Supreme Court on Monday was told that about 55% people of the 60 lakh people whose names were removed from the electoral rolls in West Bengal stand excluded even after adjudication of claims and objections by judicial officers deployed for the special intensive revision (SIR) in the state. The submission was made before a three-member bench comprising Chief Justice of India (CJI) Surya Kant and Justices Joymalya Bagchi and Vipin Pancholi during the resumed hearing of pleas challe ...Read More >
New Delhi: The coal ministry is closely monitoring fuel offtake by state nodal agencies amid reports of an increase in buffer stock by the informal industrial sector, people close to the matter said. Coal India Ltd supplies coal to state nodal agencies which mainly cater to small and medium-sector consumers, such as brick kilns and other small industrial units that do not have fuel supply agreements. The ministry has reached out to states to gauge their requirements and ensure adequate supplies ...Read More >
New Delhi: Chhattisgarh chief minister Vishnu Deo Sai is expected to meet PM Narendra Modi and home minister Amit Shah late Monday night. The key focus of these meetings will be the "post-Maoist scenario", with detailed discussions on the comprehensive development roadmap for Bastar following the decline in Maoist influence, according to officials. Officials said Bastar's development and security plans are now emerging as a national priority. With significant gains achieved on the security fron ...Read More >
Mumbai: Trent reported strong double-digit growth in the March quarter, driven by rapid store expansion and sustained demand at its value fashion chain Zudio. Standalone revenue rose 20% year-on-year to ₹4,937 crore in the fourth quarter of 2025-26, while full-year revenue increased 18%, despite an uneven discretionary spending environment. The company added a net 198 Zudio stores during the year, compared with 52 openings under its premium Westside format, signalling a sharper focus on mass-m ...Read More >
Mumbai: India's snack makers are struggling to cut sugar. Low- or reduced-sugar products made up just 0.9% of launches in chocolates, confectionery, biscuits and snack bars last fiscal year ended March 31. While that is up from 0.1% in 2022, the share has stagnated over the past two years and even slipped from 1.1% in 2024, according to latest data from UK research firm Mintel shared with ET. Also Read | Parle continues to be India's top FMCG brand at home, 13th time in a row: Report But tha ...Read More >
Kolkata: Buyers may advance their gold jewellery purchases for the April-July wedding season by booking orders on Akshaya Tritiya if the recent softening in prices persists, said Arun Narayan, chief executive of Tanishq, the jewellery division of Titan. Demand is expected to skew toward 18-carat and lightweight designs in eastern and northern markets, while western and southern regions could see stronger traction for heavier pieces, he told ET. Also Read | Gold hoarding by central banks picks ...Read More >
New Delhi: India's services sector expanded at its slowest pace in 14 months in March, as the West Asia war weighed on demand while input costs climbed at the fastest rate in 45 months, showed a private survey released Monday. The HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P Global, dropped to 57.5 in March from 58.1 in the previous month, still remaining firmly above the long-term average of 54.4. A reading above 50 indicates expansion. Coupled with manufacturing growt ...Read More >
New Delhi: Retail automobile sales in India surged to an all-time high of 29.67 million units in the just-ended fiscal year, growing 13%, with five of six vehicle categories setting new annual records. Passenger vehicle sales grew by 13% at 4.7 million units while two-wheeler sales clocked a 13% rise at 21.4 million units, per data collated by Federation of Automobile Dealers Associations (Fada) from the government's Vahan portal. Commercial vehicle sales grew by 12% at 1.06 million units, tra ...Read More >
New Delhi: The Supreme Court Monday refused to stay the implementation of Adani Group's ₹14,500-crore debt resolution plan for debt-laden Jaiprakash Associates (JAL). A bench led by Chief Justice Surya Kant said it didn't see any reason to interfere with the National Company Law Appellate Tribunal (NCLAT) interim order allowing the implementation of the resolution plan, a decision challenged by Anil Agarwal-owned Vedanta. Noting that Vedanta's appeal is now listed for final hearing on April 10 ...Read More >
Kokrajhar: Assam chief minister Himanta Biswa Sarma said the Congress has used false information in Pakistani social media groups to manufacture charges that his wife has multiple passports and owns properties in foreign countries. Talking to media persons on Monday Sarma said that these charges have been used by the Congress party to influence the poll outcome. "This is a punishable offence under the law." Congress leader Pawan Khera had alleged Riniki Bhuyan Sarma, wife of chief minister of ...Read More >
Chandigarh: The Counter Intelligence Wing of the Punjab Police busted a Pakistan's ISI-backed terror module, arresting three persons and recovering two hand grenades along with a Glock pistol from them, said a senior police officer on Monday. The grenades bear markings of POF (Pakistan Ordnance Factory), indicating cross-border linkages, said Director General of Police Gaurav Yadav. Those arrested have been identified as Sarabjit Singh, a resident of Ammishah village in Tarn Taran, Bikramjit S ...Read More >
New Delhi: Two more Indian-flagged LPG tankers have safely crossed the war-hit Strait of Hormuz and are headed for Indian ports even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday. LPG vessel Green Sanvi carrying 46,650 tonnes of LPG is scheduled to reach Indian port on April 7 while Green Asha with 15,500 tonnes of cargo is scheduled to touch Indian coast on April 9, said Mukesh Mangal, Additional Secretary in Ministry of Ports, Shipping & Waterways at a news br ...Read More >
Kolkata: Senior TMC leader Abhishek Banerjee on Monday urged people not to vote for the Congress, claiming it would only strengthen the BJP. Addressing a rally at Jalangi in West Bengal's Murshidabad district, the TMC national general secretary alleged that the Congress has a nexus with the BJP and the Left, and voting for its candidates would split non-BJP votes and benefit the saffron party. Also Read: Mamata Banerjee demands PM Modi's resignation over silence on Pakistan's 'threat' to strik ...Read More >
Mumbai: The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. Also read: RBI expected to hold rates steady in first ...Read More >
New Delhi: Delhi Capitals pacer Kyle Jamieson on Monday joined a growing chorus of players criticising the IPL's controversial Impact Player rule, saying it "takes a lot of the skill out of the game." Several current and former cricketers have voiced concerns over the rule, which allows teams to substitute a player from a list of five at any point during a match. While some argue it hampers the development of all-rounders, others feel it has tilted the balance in favour of batters as teams can ...Read More >
Chennai weather update: Chennai and its suburbs received moderate rainfall along with thunderstorms and lightning today, April 6, 2026. The IMD has sounded a yellow alert for Chennai and Tamil Nadu districts. As of now, there is no official confirmation whether schools in Chennai will be closed tomorrow. Partly cloudy sky has been forecast for Chennai on April 7, 2026. After experiencing intense heat and humidity since March, the residents of Chennai heaved a sigh of relief due to a sudden burs ...Read More >
New Delhi: Crude oil prices are unlikely to decline to USD 70 per barrel this year and are expected to remain in the range of USD 80-85 per barrel in 2026, according to a report by Union Bank of India. The report noted that while oil prices may moderate from current elevated levels, a sharp decline is unlikely given ongoing global uncertainties. Click here to track live developments on Iran war "We do not think oil will get back to USD 70 this year... our base case for oil price is USD 80-85 ...Read More >
Bengaluru: Head coach Stephen Fleming downplayed Sanju Samson's underwhelming run in IPL 2026, saying the wicketkeeper batter is "going through the process of connecting" with Chennai Super Kings and he is "desperate" to score runs and contribute to the team's success. Samson, who joined the Super Kings from Rajasthan Royals amid much hype ahead of IPL 2026, has so far managed 6, 7, 9 in first three matches. Also Read: PM Modi lauds Sanju Samson's T20 World Cup heroics, hails him as a true per ...Read More >
New Delhi: Max Estates Limited has reported Rs 5,305 crore Pre-sale in FY26, slightly less than previous year (Rs 5,321 crore) as growth in real estate sector remains flat. Fourth quarter accounted for Rs 3,392 crore of the total volume. In December 2025, company launched Estate 361 in Sector 36A, Gurugram, which reported Rs 1,704 crore pre-sale. Another project Estate 105 in Noida, launched in March, 2026, reported Rs 1,783 crore in pre-sales. Launched with RERA approval in March, 2026, Max ...Read More >
New Delhi: Mesabi Metallics Company LLC, an Essar Group company, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota. The latest funding follows a previously announced USD 520 million senior secured credit facility from Breakwall Capital, adding to a series of financing moves for the project, which has also received backing from the US Export-Import Bank, th ...Read More >
New Delhi: Congress leader Rahul Gandhi on Monday alleged that Prime Minister Narendra Modi has dealt with the "LPG gas crisis" just like it handled the COVID-19 pandemic as it is "devoid of policy, full of grand announcements", and places the "entire burden" upon the poor. The Leader of Opposition in the Lok Sabha asked why it is always the poor who perish first in every crisis and urged people to not remain silent. Also Read: 'India's most corrupt CM': Rahul Gandhi targets Sarma, alleges Ass ...Read More >
New Delhi: In an important decision, the Delhi High Court has overturned a 2021 single-judge order which had said that former Chief Minister Arvind Kejriwal's announcement during the COVID-19 lockdown about paying rent for poor tenants was legally enforceable. A Division Bench of Justices C Hari Shankar and Om Prakash Shukla clarified that a statement made during a press conference cannot be treated as a legal promise enforceable by courts. The Bench emphasised that no writ of mandamus can comp ...Read More >
New Delhi: Two more Indian-flagged liquefied petroleum gas tankers, Green Asha and Green Sanvi, have exited the Gulf carrying the fuel for the South Asian nation, according to ship tracking data on LSEG and Kpler. A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, the data showed. The U.S.-Israeli war against Iran has all but halted shipping through the strait, but Iran says "non-hostile vessels" may transit the waterway if they coordinate with Iranian authorities. Als ...Read More >
Bengaluru: Royal Challengers Bengaluru batter Devdutt Padikkal attributed his growing confidence in white ball formats to the willingness to move out of his comfort zone and "change the foundation" of his batting. Devdutt followed his 61 against Sunrisers Hyderabad in the opening game with a 50 against Chennai Super Kings here on Sunday to fuel RCB's batting charge, which culminated in a 43-run win. Also Read: Yesterday IPL Match 2026 results: Bhuvneshwar stars as RCB crush CSK, Rishabh Pant g ...Read More >
Guwahati: Assam Congress President Gaurav Gogoi hit back at Chief Minister Himanta Biswa Sarma, accusing him of spreading "lies" and alleging concealment of assets and business interests abroad. Speaking to here, he said, "He can tell thousands of lies. He has been lying for so long. The Congress Party is going to expose all these lies regarding his family's property and his family's businesses abroad... The question is clear: Does your family have a Gold Card in Dubai? Does your family own pro ...Read More >
Guwahati: Assam Chief Minister Himanta Biswa Sarma on Monday asserted that the Congress is "finished" in the state, while reiterating his allegations of Pakistlinks in the ongoing passport row involving Congress leaders Gaurav Gogoi and Pawan Khera over claims related to his wife, Riniki Bhuyan Sharma. Addressing a press conference, Sarma said, "Congress is finished in Assam. Just look at the 'Satta Bazar' rate yesterday. After making this allegation, the seats for NDA went up to 99. In the mor ...Read More >
Mumbai: India's central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran, which threatens the South Asian economy and has battered its currency and bond markets. Instead, the focus is likely to be on calming financial markets, with assurances of readiness to support the weakening rupee and inject liquidity to keep bond yields in check, economists and traders said. Also Read: RBI may keep rates unchanged, focus on rupee stabili ...Read More >
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