The cost of the long-pending Bengaluru suburban rail project has increased significantly, rising from ₹15,767 crore to ₹23,342 crore — an escalation of nearly 48 percent — primarily due to delays and changes in the rolling stock procurement model.The 148-km suburban rail network in Bengaluru, which received approval in 2020, was initially scheduled to be…
Maiden voyage later this month expected to strengthen cargo connectivity with Andaman & Nicobar IslandsMaritime connectivity between mainland India and the Andaman & Nicobar Islands is set to improve with the induction of a new cargo vessel, APJ Karan 2. The ship is scheduled to undertake its maiden voyage later this month from Kolkata to…
Global brokerage UBS has downgraded shares of India’s major oil marketing companies (OMCs) after global crude oil prices surged past $100 per barrel amid escalating tensions in West Asia.The brokerage downgraded Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Limited (BPCL) to a “neutral” rating, while Hindustan Petroleum Corporation Limited (HPCL) was downgraded to “sell.”According…
New Delhi, March 6: India and China remain among the largest exporters of automobiles to West Asia, shipping vehicles worth billions of dollars each year to the region. However, the ongoing US-Israel conflict with Iran has raised concerns about potential disruptions to this crucial trade route.The conflict, which entered its seventh day on Friday, has…
Rising geopolitical tensions involving Iran and parts of the Gulf region are raising fresh concerns among global investors about the stability of Dubai’s booming real estate market. However, industry experts believe the emirate’s property sector is entering this period of uncertainty from a position of considerable strength. A recent research note by the ANAROCK Group…
The recent decision of the National Green Tribunal (NGT) to uphold environmental clearances for the Great Nicobar Project has paved the way for major infrastructure development on the island. The ruling allows plans for a transshipment port, airport expansion, township development, and allied facilities to move forward. However, it has also reignited debate over the…
Seven-Year ‘AAA’ Rated Bonds to Support Sustainable Infrastructure Financing State-owned lender Bank of Baroda is set to raise up to ₹10,000 crore through the issuance of green infrastructure bonds on March 4, marking a significant push towards sustainable financing.According to market sources, the base issue size has been fixed at ₹5,000 crore, with a green…
At its latest Unpacked event in San Francisco, Samsung unveiled the new Samsung Galaxy S26 lineup, marking a decisive shift toward artificial intelligence-driven features. Unlike previous launches that emphasized hardware upgrades, this year’s spotlight was firmly on software innovation. Leading the series is the Samsung Galaxy S26 Ultra, described as the company’s most powerful smartphone…
In a major relief to senior executives of Shemaroo Entertainment Ltd., the Bombay High Court on Wednesday set aside a ₹400-crore personal penalty imposed by GST authorities, ruling that employees who are not “taxable persons” cannot be held liable under Section 122(1A) of the Central Goods and Services Tax (CGST) Act.A division bench of Justices…
Samsung is gearing up to unveil its next-generation flagship lineup at its annual Galaxy Unpacked event on February 25, with the spotlight firmly on the upcoming Samsung Galaxy S26 Ultra 5G. The device is expected to launch alongside the Galaxy S26 and S26+ models.Unlike previous years, where the focus was largely on higher megapixel counts…
