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Voluntary retirement not mere act of leaving, rather distinct right of employee: Supreme Court
The Supreme Court has declared voluntary retirement a distinct employee right. This right becomes effective after completing service years and giving notice. If the employer does not refuse the notice within the stipulated period, the retirement is considered valid. The court ruled that subsequent actions like charge sheets and dismissals are unjustified.
Is Iran using human shields to dissuade Donald Trump from targeting power plant in Kazerun after deadline? Iran news reports claim human chains formed near a power plant in Kazerun before the Trump Iran deadline linked to the Strait of Hormuz. Viral video claims remain unverified. US Iran strikes, war news, and travel disruptions raise global concerns.
Think its junk? These old coins could be secretly worth big money
Old coins in jars or collections may have hidden value. Many U.S. coins made before 1965 contain real silver. These junk silver coins are not rare, but they can still be worth good money. Their value changes with silver prices. Simple checks like date and edge color help identify them. Some investors buy them for easy selling and small investment options.
BJP slams Congress chief Kharge for demeaning Gujarat & Bihar, demands apology
The NY Fed says supply chain pressures heated up in March, with the Global Supply Chain Pressure Index rising to 0.68 from 0.54. This fresh data signals a clear shift. Global supply chains are facing renewed stress. Shipping delays are increasing again. Transport costs are moving higher. The NY Fed supply chain pressures trend shows early warning signs. Markets are watching closely. Businesses are adjusting fast. Geopolitical tensions are adding risk. Trade routes are getting disrupted. The global supply chain outlook now looks fragile. However, levels remain far below the 2021 peak of 4.49. This means pressure is rising, not exploding.
As American Idol Season 24 continues, the coming weeks will likely determine whether early favourites can maintain their lead or if a surprise contender will emerge.
Meet the US warship tasked with recovering Artemis II crew upon touchdown
A San Diego-based US Navy warship, the USS John P. Murtha, is set to play a crucial role in recovering the Artemis II astronauts after their historic splashdown in the Pacific Ocean. Sailors have been drilling extensively to ensure a safe retrieval of the Orion capsule and its crew, a mission described as a fitting tribute to the ship's namesake.
Iran war update: One-fifth of the worlds oil typically passes through the strait, and Irans stranglehold during the war has sent energy prices soaring.
Centre eases TOD norms, mandates 65 pc affordable housing along metro corridors
Under the fresh norms, earlier existing land use restrictions have been removed, the minimum plot size requirement to avail the scheme has been reduced, 65 per cent of the total floor area ratio (FAR) of the built-up area (BUA) has to be earmarked for small residential units, and a single window system for speedy clearances has been approved.
'Cant open, lost the keys!': Iran ROASTS Trump in memefest, mocks Trumps f**king Strait threat
Is Donald Trump going to use nuclear weapons to kill entire civilization? This question is trending after new threats linked to the Trump Iran deadline and the Strait of Hormuz crisis. The US Iran conflict, Iran war update, Kharg Island strikes, Tehran explosions, and Strait of Hormuz travel disruptions are now global concerns.
Fans of The Boys are finally set to watch the fifth and final season, which kicks off with the first two episodes, followed by weekly releases every Wednesday until May 20. The story focuses on Homelanders chaotic rule, the vigilantes trapped in a Freedom Camp, and Billy Butchers plan to wipe out all supes, leading to a high-stakes finale. The season features Antony Starr, Karl Urban, Erin Moriarty, Jack Quaid, and others, with surprise appearances from Jared Padalecki and Misha Collins.
RBI likely to hold rates; metal, mining stocks to benefit from high energy prices
A report by SBI Mutual Fund suggests that metals and mining sectors will benefit from elevated energy prices, while industries like airlines, tourism, chemicals, fertilisers, and textiles may face pressure. Sectors such as IT, telecom, pharma, and power are considered relatively stable.
AAPL stock today: Apple shares dipped despite strong earnings, as investors fret over future innovation. Delays in the much-anticipated foldable iPhone due to engineering hurdles are a major concern. Additionally, a patent ruling in China, a crucial growth market, adds to worries about the tech giant's expansion strategy. Analysts, however, remain largely optimistic.
Nexus Select Trust approves Rs 347.5 cr Kolkata mall acquisition
Nexus Select Trust is expanding its portfolio. The trust has approved the acquisition of Diamond Plaza in Kolkata for Rs 347.5 crore. This move adds another mall to its growing collection. The company also made key appointments for auditing and valuation services. These steps support its ongoing growth strategy.
Freight surge, logjam hurts egg exports despite strong demand
Exporters seek more sailing frequency, subsidies to offset hike in freight costs
Sugar consumption in April may fall by 2 lakh tonnes on cool weather and LPG scarcity
In March too, the offtake dropped by a similar margin; mills despatched 60,000 more than allocted quota during October-February
MHI holds pre-bid consultations on permanent magnet manufacturing scheme
India is set to boost its rare earth permanent magnet manufacturing. The Ministry of Heavy Industries is inviting bids for integrated facilities. This initiative aims to reduce import dependence and support key sectors like electric vehicles and renewable energy. The government plans to support significant production capacity. Bidding closes in May 2026, with selections expected soon after.
Centre to expand product coverage under Rs 10,683 crore textile PLI, says Giriraj Singh
The government plans to broaden the Production Linked Incentive scheme for textiles. This expansion will include man-made fibre apparel, fabrics, and technical textiles. The move aims to boost the industry, attract investment, and accelerate growth. It also supports job creation and India's global textile market position. Discussions were held with the footwear industry regarding raw material issues.
Government rules out sugar export curbs and maintains duties on edible oils
India will not reduce sugar exports. Production is lower than anticipated, but domestic consumption has also decreased. This situation offsets the reduced output. The government has no plans to cut import duties on edible oils. Sugar exports are expected to continue. Domestic consumption is projected to decline further.
OnePlus has launched the Nord 6 in India, positioning it as a performance-focused mid-range smartphone under 40,000. Powered by the Snapdragon 8s Gen 4 chipset, the device supports 165FPS gaming on a 165Hz 1.5K AMOLED display, backed by a 9000mAh battery with 80W SUPERVOOC fast charging. It also features a 50MP OIS-enabled primary camera, AI-powered tools, and AI Mind Space for smarter user interactions.
TRAI proposes voice-SMS only plans across validity periods; seeks comments till April 28
TRAI is proposing new rules for telecom companies. These rules aim to increase the availability of plans that offer only voice calls and SMS. This is to help users who do not need data services. Telecom operators will need to offer voice and SMS-only options for every bundled plan. These new plans will be cheaper than bundled offers.
Rising costs keep truck rentals firm in March: Shriram Mobility Bulletin
LPG tanker movement was significantly impacted during the month due to curtailed supplies
Rahmans visit marks Indias first high-level engagement with the new government in Dhaka
Comedian Zakir Khan faced backlash after joking about Bollywoods reaction to the blockbuster success of Dhurandhar 2 at the Screen Awards 2026. He suggested that despite public praise, many industry insiders were secretly envious of the film. Actress Ameesha Patel and director Siddharth Anand responded strongly on social media, defending the contributions of Bollywood veterans and calling out Zakirs comments as negative.
India relaxes flight duty hour norms as West Asia crisis disrupts operations
Operational relief measures to support airlines as they face longer routes, rising fuel burn and financial strain
A career counselor shared an anecdote about a decade-long employee who stayed with his company not for financial gains, but due to the compassionate support received from his manager during a family emergency. This highlights that genuine empathy and emotional security are key drivers of long-term employee loyalty, more so than perks.
Certificates of origin can only be issued by authorised agencies: DGFT
New rules mandate that only authorized agencies can issue Certificates of Origin. These certificates are crucial for exporters to claim duty concessions under Free Trade Agreements. Exporters must ensure invoice numbers match on certificates and shipping bills for automated verification.
Mallikarjun Kharge faces police, EC complaints from BJP over Assam speech
The Bharatiya Janata Party has lodged complaints with Assam Police and the Election Commission against Congress president Mallikarjun Kharge. These complaints stem from alleged hate speech delivered at an election rally. The BJP claims Kharge's remarks insulted Hindu beliefs and traditions, aiming to undermine Sanatan culture for political gain.
Tax day is near: Last-minute moves that could save you money
Tax day is close, but people still have time to save money. Experts say last-minute steps like retirement contributions, health savings, and tax credits can help lower taxes. Some new tax rules also give extra benefits. Many taxpayers miss useful credits every year. Checking options before April 15 may help increase refunds or reduce the total tax bill.
Stay indoors for next 48 hours, avoid military sites: India issues advisory for nationals in Iran
India has issued a new advisory for its citizens in Iran. They are urged to stay indoors and be extremely cautious. This comes as regional tensions have sharply increased. Military exchanges and a US ultimatum have heightened concerns. Indian nationals are advised to remain in their current locations for at least 48 hours.
Over 2 months after the disappearance, the FBI Bitcoin investigation Nancy Guthrie case is now focusing on crypto clues as a key breakthrough. Nancy Guthrie, 84, vanished from Tucson on January 31, and no suspects have been identified so far. Now, Bitcoin ransom demands and blockchain data are driving the investigation forward. The FBI is tracking crypto transactions linked to possible suspects. Experts say Bitcoin is fully traceable through public ledgers. Every transaction leaves a permanent record. This makes cryptocurrency a powerful tool in missing person cases. The FBI Bitcoin investigation Nancy Guthrie could finally uncover hidden connections and deliver long-awaited answers.
How can you choose Iran over Israel?: Trump BLASTS Obama over 2015 nuke deal at Iran war briefing
Rashmika Mandanna and Vijay Deverakonda celebrated their recent wedding with a reception in Kodagu, Rashmika's hometown. Vijay delivered a touching speech, expressing his fondness for Coorg and his joy in marrying a woman from the region. The couple, who previously starred in 'Geetha Govindam' and 'Dear Comrade', will next be seen together in 'Ranabaali'.
Biocon rolls out two biosimilars in US market
Biocon has launched two new biosimilar medicines, Bosaya and Aukelso, in the United States. These drugs treat serious bone conditions. They are now available through specialty pharmacies and healthcare providers. The US Food and Drug Administration previously approved them. This launch expands Biocon's portfolio and aims to provide affordable treatment options for patients.
A 'tough summer' ahead for air-conditioning industry in 2026: Blue Star MD
The room air-conditioner industry anticipates a challenging summer. Rising costs from global events and delayed heat are impacting sales. Despite these hurdles, a double-digit growth is projected. Consumers might consider budget-friendly options. Demand is expected to pick up as summer progresses, with projections of above-normal temperatures in many areas.
West Asia conflict portends return of colonialism: Uday Kotak
Finance veteran Uday Kotak warns of a return to global colonialism, citing the West Asia conflict. He believes this phase echoes early 20th-century events. Kotak emphasises India's need to bolster its 'middle manufacturing' sector, involving investments up to Rs 1,000 crore.
War clouds raise fears of worker exodus from Gulf, remittances seen at risk
Indian workers in Gulf holding funds instead of remitting, likely to hit near-term inflows, sources say
Iran war impact on flight fares: Your air travel is getting costlier, here is how
Iran war update: United Airlines, American Airlines, Delta Airlines, Frontier Airlines are taking various measures as jet fuel surges due to ongoing conflict in the western Asia.
Board to firm up transition plan as Wilson resigns as Air India CEO
Move follows prior intimation to Chairman as airline navigates operational disruptions and financial stress
Indian airlines: Transition blues in turbulent times
Three leading Indian airlines are undergoing leadership changes. Air India's CEO Campbell Wilson is departing, joining Air India Express's Aloke Singh and IndiGo's Pieter Elbers. IndiGo has appointed William Walsh as its new CEO. Air India is forming a committee to find Wilson's replacement. These transitions are significant for consumer choices and market growth in India's aviation sector.
Industry body urges Maharashtra to retain inspector-free fertilizer policy
IMMA has expressed concern over a reported proposal to reintroduce an inspector-driven regulatory system, involving increased deployment of inspectors with broad enforcement powers
KTM hikes 390 Duke, 390 Adventure X prices by up to Rs 40,000
KTM has increased prices for its 390 Duke and 390 Adventure X models. This change is due to higher GST on motorcycles over 350cc. Bajaj Auto is no longer absorbing this cost. The company is also preparing to launch new KTM models with engines below 350cc. These new bikes will benefit from a lower GST rate.
West Bengal Assembly Elections 2026: Congress pitches welfare-heavy alternative in manifesto
The Indian National Congress has launched a welfare-centric manifesto for the 2026 West Bengal Assembly elections. The party aims to present itself as a third option against the dominant Trinamool Congress and Bharatiya Janata Party. Promises include free education, monthly financial aid for women, and support for farmers.
'We have tools we haven't used yet': Vance issues final WARNING to Iran as Hormuz deadline nears
Harvard-trained gut doctor Dr Saurabh Sethi has shared several common symptoms that can indicate that your body is functioning well and that you are in good health. Some of these weird signs include yellow urine, burping after drinking carbonated drinks, rumbling of the stomach, sweating a lot during a workout, ears producing earwax and more.
This Russian proverb talks about hard work and success. It comes from old folk wisdom and has no single author. The saying explains that effort is needed to achieve anything valuable. It is similar to other motivational quotes about discipline and patience. The proverb is still used today in daily life, learning, and motivation to remind people that results need consistent work.
The government will select maximum of five entities through the bidding process, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capacity of 6,000 MTPA.
Tied portion under SASCI to include Right of Way, linking farmer ID with fertilizer usages
The Union Budget for FY 2026-27 allocated Rs 2 lakh crore to the scheme.
Indian Ocean Connect: India-Mauritius to sign MoU on Delhi-funded infra projects
India and Mauritius will sign a significant Memorandum of Understanding this week. This agreement will enable India to provide financial assistance for a Special Economic Package valued at $655 million. The package includes grants for crucial projects like a new national hospital and an Ayurvedic Centre of Excellence.
One Piece Season 3 The Battle of Alabasta trailer out: Release date, plot, cast and all key details
Netflix's One Piece Season 3, The Battle of Alabasta, trailer is here, showcasing the Straw Hats' arrival in the desert kingdom. They must navigate a civil war manipulated by Sir Crocodile and Baroque Works to protect Princess Vivi's collapsing nation. The season adapts the popular manga arc and premieres in 2027.
Mumbai nutritionist Sanya Wadhera revealed ten simple habits that significantly upgraded her life. Prioritizing sleep before 11 pm, learning to say no, and taking short walks after dinner were key. She also focused on cooking one meal daily, curating her social media, and eating mindfully without screens. These small, consistent actions fostered personal growth and well-being.
Manipur: Curfew in 4 districts after blast kills 2 minors, total 6 injured in violence
Iran war news: Iranian authorities reported a US-Israeli attack on a bridge outside the city of Qom and a strike on a rail bridge in central Iran that killed two people.
UP rain news: As many as 20 Uttar Pradesh districts might receive moderate to heavy rain tomorrow, April 8, according to the India Meteorological Department (IMD). Lucknow is also likely to get rain and thunderstorms today. The weather office has issued an orange alert for tomorrow, warning of rain, lightning, strong winds and hailstorms.
Kerala, Telangana CMs trade barbs on governance record ahead of April 9 assembly polls
Kerala's Chief Minister Pinarayi Vijayan and Telangana's Chief Minister Revanth Reddy exchanged sharp words on governance. Vijayan highlighted Kerala's achievements in healthcare, education, and poverty eradication. Reddy questioned Kerala's claims and pointed to ongoing investigations. He outlined Telangana's ambitious economic growth plans. Both leaders presented their states' development visions.
JD Vance says US has 'tools in our toolkit that we so far haven't decided to use' on Iran
US Vice President JD Vance has issued a stern warning to Iran. He stated that the United States possesses undisclosed measures it has not yet employed. Vance expressed hope that diplomatic talks would prevent the need to use these tools. He emphasized that President Biden will deploy them if Iran does not alter its behavior.
Jammu & Kashmir Bank's business crosses Rs 2.90 lakh crore, says MD
Jammu and Kashmir Bank's business has surpassed Rs 2.90 lakh crore. Lieutenant Governor Manoj Sinha inaugurated the bank's new regional business centre in Jammu. This facility will boost service delivery and operational efficiency. The centre houses a currency chest, a modern branch, and administrative units.
Is US preparing to seize Kharg island, and how can Iran respond? The question has gained attention after comments by Donald Trump and rising military activity involving the United States and Iran. Kharg Island plays a key role in Iran oil exports and global energy supply. Airstrikes, military deployments, and threats linked to the Strait of Hormuz have increased fears of escalation and wider regional conflict.
iPad Air M4 review: The sweet spot between power and practicality
The iPad Air M4 strikes a balance between power and practicality, offering near-Pro performance without the premium price. Powered by Apples M4 chip and 12GB of RAM, it handles multitasking, creative work, and gaming smoothly. Its Liquid Retina display is sharp and color-accurate, though limited to 60Hz, and Touch ID remains instead of Face ID. Available in 11- and 13-inch variants, the larger model benefits productivity and creative tasks, especially with Apple Pencil support.
Countdown ends today: Will Iran listen to Trump and open the Strait of Hormuz or face consequences?
Iran deadline: President Trump has issued a critical deadline to Iran. Failure to agree to terms by Tuesday evening could lead to severe military action. Bridges and power plants are specifically mentioned as potential targets. This escalation follows days of heightened tensions and military exchanges. The Strait of Hormuz remains a key point of contention.
Indian households traditionally prioritized education and financial security, often neglecting health and self-care. Nutritionist Sanya Wadhera highlights how this led to a generation skilled in work but lacking essential life skills like managing nutrition, sleep, and stress. The focus was on treating illness rather than preventive care, a cycle the current generation is urged to break.
Is a housing crash coming? Experts break down the market outlook and what could happen next
Experts say a housing market crash in 2026 looks unlikely. Home prices are rising slowly, and supply is still tight. Jobs are mixed but not weak enough to cause a crash. Lending rules remain strict, and homeowners have strong equity. Some local markets may see small drops. Buyers and sellers should watch interest rates, jobs, and supply before making decisions.
Social Security COLA 2026 rises 2.8% this year. April payments already reflect the increase. The latest data shows a modest 2% to 3% increase. That pushes the average monthly benefit to just above $1,900. This Social Security increase 2026 began in January. It continues unchanged through April. There is no extra mid-year boost. Slower inflation drives this smaller COLA adjustment 2026. Still, costs remain high. Healthcare and housing are rising fast. Medicare premiums may cut into gains. The Social Security COLA 2026 offers stability, but limited relief in todays economy.
Akshay Kumar and Priyadarshans horror-comedy Bhooth Bangla, featuring Tabu, Paresh Rawal, Rajpal Yadav, and others, will stream online after its theatrical release. Originally scheduled for April 10, the films release was postponed to April 17 due to Dhurandhar 2s strong box office run. Paid previews will begin on April 16. Produced by Balaji Motion Pictures and Cape of Good Films, the films screenplay is by Priyadarshan, Rohan Shankar, and Abhilash Nair.
RSP India launches BuildAmbit to power the ambitions of Global AEC Professionals
RSP India launches BuildAmbit, an industry-backed platform to address the global AEC talent gap. Leveraging 30 years of project experience, BuildAmbit offers immersive upskilling in BIM, computational design, and sustainability. The initiative aims to transform early-career professionals into confident, full-stack contributors ready for complex, real-world projects worldwide.
A new residential project is coming to Gurugram's Southern Peripheral Road. It will span three acres and offer around 200 homes. A portion will be dedicated to senior living. This development caters to the growing demand for multi-generational housing. The project aims to create connected living spaces. It reflects a shift in India's housing market towards independent yet supported lifestyles.
Executive Centre leases 480,000 sq. ft at Worldmark, Aerocity
Executive Centre India Limited is expanding its presence in Delhi NCR. The company has leased a significant 480,000 square feet at Worldmark Aerocity. This expansion includes three centers, offering over 5,000 workstations.
Banks should shift exposures from vulnerable MSMEs, lay-off-exposed retail borrowers: EY
Banks must act on early risk signals amid the West Asia war. EY suggests shifting exposure from vulnerable small businesses and retail borrowers. This involves focusing on stronger sectors and resilient portfolios. Early intervention through covenant resetting and liquidity buffer enforcement is crucial.
Love tea? Your daily brew could be serving up billions of micro- and nanoplastics
Recent studies reveal that steeping tea bags in boiling water releases billions of microplastic and nanoplastic particles. These tiny plastics, often found in the sealing or mesh of tea bags, can also enter tea through packaging and production processes.
Indian expats in Dubai: What happens if you don't have a will?
UAE succession laws have changed for non-Muslim expats. Heres what happens if you die intestate, how to register a Will in Dubai, and why Indian residents may need separate Wills.
'Kim Jong Un called Biden mentally retarded': Trump recalls North Korean leader's 'NASTY' comment
Curtains down on Assam's high-voltage campaign for April 9 assembly polls
The campaign for the Assam Assembly elections has ended. Voters will decide the fate of 722 candidates on April 9. The BJP and Congress traded sharp accusations. The ruling party highlighted development schemes. The opposition alleged corruption and hate politics.
A former Google software engineer, Jason Zhang, shared how losing his job made him question years of prioritising work over personal life. Despite long hours and sacrifices, he said none of it really mattered, highlighting how layoffs can happen regardless of effort. His post has sparked wider discussion online about job insecurity, work-life balance, and the need to focus on things beyond just a career.
LIVE: JD Vance delivers pre-election boost for Orban with Hungary visit
RR vs MI Guwahati weather update today: The IPL 2026 season has seen its first rain-abandoned match, with concerns now rising for the Rajasthan Royals vs. Mumbai Indians fixture in Guwahati due to intermittent rainfall. In a positive development, Hardik Pandya has returned to training for Mumbai Indians ahead of the game.
'A whole civilization will die tonight,' Trump issues chilling warning on Iran
President Donald Trump has issued a chilling alert about the situation in Iran and the broader Middle East. He warned that a civilization stands on the brink of collapse tonight, advocating for a radical change in leadership to pave the way for new, constructive ideas.
J&K's Doda to get Doppler weather radar, Jitendra Singh announces
A Doppler weather radar is coming to Doda district for better weather forecasting and disaster preparedness. Union Minister Jitendra Singh also reviewed road projects, including the Chattergala Tunnel and Sudhmahadev Tunnel. He emphasized expediting work on key infrastructure. Educational and healthcare facilities were also discussed. Three new PMGSY roads were inaugurated, benefiting thousands of residents.
Great Eeastern Shipping to sell its 2003-built medium-range tanker Jag Pankhi
Great Eastern Shipping Company Limited is selling its medium-range tanker Jag Pankhi. The company also agreed to sell its medium-range tanker Jag Prakash. GE Shipping is set to acquire a second-hand Kamsarmax dry bulk carrier and a second-hand medium-range tanker. These transactions are anticipated to conclude in the first quarter of FY27.
I will NEVER FORGET THIS!: Trump EXPLODES at NATO over lack of collaboration in Iran war
Quote of the Day by Taylor Swift: Global pop star Taylor Swift advises people to be kind to others, as this is a wonderful legacy to leave behind. When you treat others with kindness and compassion, people always remember that. Taylor Swift says kindness should always be your priority, no matter the situation.
Private banks outpace PSBs in Q4 deposit growth amid deposit mobilisation pressures
Private banks outpaced public sector lenders in deposit growth during the January-March quarter. This occurred as the banking system faced ongoing deposit mobilisation hurdles. Low-cost deposits like CASA became less attractive due to lower interest rates. Lending growth saw state-owned banks performing better than private peers. Profitability projections indicate stronger growth for private lenders.
Four-year-old Pihu from Palakkad, Kerala, displays extraordinary photographic talent, a skill inherited from her professional photographer father. She demonstrated an early fascination with cameras, capturing impressive shots from a young age. Her natural eye for detail and composition has garnered significant attention online, even leading to her photographing public figures and festivals.
Rajiv Ranjan Jha appointed as nominee director of PFC on REC board
Power Finance Corporation welcomes Rajiv Ranjan Jha as its newly appointed nominee director on the board of REC, effective April 6, 2026. With a rich history at PFC since March 1997, Jha is currently the Director of Projects.
Retail industry reports high double-digit revenue growth in Q4, continues expansion
Retail companies like Trent, Avenue Supermarts, and V-Mart achieved robust double-digit revenue growth in the March quarter of FY26. This expansion was fueled by aggressive store additions and steady consumer demand. Companies reported significant year-on-year revenue increases, indicating a healthy retail environment.
How the new credit reporting cycle will rewire loans, EMIs and approvals
Weekly credit reporting is turning Indias loan approvals into near real-time decisionstightening discipline, curbing risky borrowing, and reshaping how lenders judge you.
EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA
While electric two-wheelers crossed 14 lakh units, electric passenger vehicle retail sales missed the two lakh units by a whisker but surged 83.63% in FY26, FADA said
Centre may seek revised bids from two suitors for IDBI Bank
Government may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial for government resources amid global uncertainty. The process is in the technical evaluation stage. Fairfax and Emirates NBD are potential buyers. The government and LIC aim to sell a significant stake.
Govt explores options to retain 51% stake in merged PFC-REC entity
The government is considering issuing preference shares or fresh equity to keep its stake above 51 percent in the Power Finance Corporation after its merger with REC. This move aims to ensure the combined entity remains a government-owned NBFC. The merged company will be the largest government-owned NBFC, enhancing its capacity for large projects and competition.
India office market records highest-ever quarterly leasing despite global headwinds
March marked a historic milestone for India's office property sector, showcasing the highest leasing figures in a single quarter. Demand soared in leading metropolitan areas, primarily fueled by Global Capability Centres and a significant boost from local businesses.
