Business & Jobs Desk

An alarming revelation has emerged from Rajasthan, where data obtained through a Right to Information (RTI) query shows that not a single government job has been provided through employment exchanges in the past five years. The data, shared by the Directorate of Employment, highlights a growing disconnect between job seekers and the state’s employment infrastructure. As of January 14, a total of 22,21,317 candidates were registered as job seekers cross district employment off

Authorities in Hyderabad have arrested a man for allegedly manufacturing and distributing substandard and unsafe ice creams, raising serious concerns about food safety and public health. ⚠️ Illegal Manufacturing Unit Busted Food safety officials, acting on specific inputs, conducted a raid at a local facility where the accused was reportedly producing ice creams under unhygienic conditions. The inspection revealed: Use of low-quality and possibly expired ingredients Poor sani

The Indian currency, Indian Rupee, plunged to a record low of ₹94.56 against the US Dollar, reflecting mounting pressure from global and domestic economic factors. 📉 Sharp Fall in Rupee Forex traders reported that the rupee weakened significantly during trading, breaching previous lows and marking one of its steepest declines in recent times. The fall underscores growing volatility in currency markets as external uncertainties and internal economic trends converge. 📊 Key Re

Gold prices, long considered a safe-haven investment, have recently come under pressure, leaving investors wondering what’s behind the decline and whether a recovery is on the horizon. 📉 Why Are Gold Prices Falling? Multiple global factors are contributing to the current correction in gold prices. Analysts point to a mix of interest rate expectations, currency strength, and liquidity pressures as key drivers behind the downward trend. 💰 Interest Rate Expectations Take Cente

India’s steel sector is facing mounting pressure as the Ministry of Steel has stepped in to address acute LPG shortages affecting steel mills, with sources confirming that the issue has been raised with the Ministry of Petroleum and Natural Gas. ⚠️ Steel Industry Under Strain Officials revealed that several steel plants across the country have reported disruptions in LPG supply, which is critical for various heating and processing operations in steel manufacturing. The minist

Amid escalating tensions in West Asia, industries across India are increasingly turning to alternative fuels due to disruptions in the supply of liquefied petroleum gas (LPG). The crisis has affected key shipping routes and supply chains, leading to delays, rising costs, and uncertainty in fuel availability. Several sectors that heavily depend on LPG — including ceramics, textiles, food processing, and small-scale manufacturing — are among the worst hit. With supplies tighten

In a major development in the pharmaceutical sector, leading Indian drugmakers including Sun Pharma, Dr. Reddy’s Laboratories, Zydus Lifesciences, and Glenmark Pharmaceuticals have begun rolling out generic versions of Semaglutide in India. The move marks a significant push by domestic pharmaceutical companies to tap into the rapidly growing demand for Semaglutide, a widely used drug for managing type 2 diabetes and increasingly popular for weight loss treatment. Industry exp

India’s wholesale price inflation has climbed to an 11-month high of 2.13%, signaling rising cost pressures in the economy, according to the latest official data. 📈 Inflation Trend The Wholesale Price Index (WPI) stood at 2.13% in February It was 1.81% in January, showing a steady rise In February last year, inflation was higher at 2.45% This indicates a moderate but consistent upward trend in wholesale prices in recent months. 🛢️ Crude Oil Driving Prices Experts point out

Police in Rajasthan have arrested 20 individuals  in connection with an alleged scam involving the illegal securing of government teachers’ jobs under the ‘Outstanding Athlete’ quota . According to officials, the accused are suspected of using fake sports certificates and forged documents  to obtain appointments in the education department by falsely claiming eligibility under the special quota meant for distinguished sportspersons. The case came to light after authorities no

New Delhi:  The adoption of induction cooktops  in India continues to remain slow, particularly among low-income households, despite the government’s push for cleaner and more energy-efficient cooking solutions. According to experts studying household energy use, only about 5% of Indian homes currently have electric cooking appliances in their kitchens , indicating that electric penetration remains very limited . This means that the majority of households still rely heavily o

An 82-year-old woman, the daughter of P. V. Rama Varier, founder of Arya Vaidya Pharmacy (AVP), was found dead at her residence in a gated community near Nanjundapuram on Friday. The incident has triggered a police investigation, with authorities suspecting possible foul play after it was discovered that the victim’s gold chain was missing. According to the Tamil Nadu Police, the elderly woman was found lifeless inside her house in Coimbatore, Tamil Nadu. Family members and n

In a major development in the long-running GainBitcoin Scam , the Central Bureau of Investigation  (CBI) has arrested Ayush Varshney , co-founder of Darwin Labs , for his alleged involvement in the multi-thousand-crore cryptocurrency fraud that affected investors across several parts of India. The arrest comes as part of an ongoing probe that the CBI is conducting following directions from the Supreme Court of India . The apex court, in its order dated December 13, 2023, had

In a major employment announcement, the Bihar Staff Selection Commission (BSSC) has released its examination calendar, outlining plans to fill more than 35,000 vacancies across various government departments in the state. The recruitment drive is expected to benefit candidates ranging from 12th pass applicants to graduates, offering opportunities in clerical, technical, and administrative posts. Vacancies Across Multiple Departments According to the notification, the vacancie

Chhattisgarh’s Gross State Domestic Product (GSDP) is projected to grow by 8.11% in the financial year 2025-26, according to the State’s Economic Survey. The report highlights steady economic momentum driven by growth in agriculture, industry, and services. As per advance estimates cited in the Survey, the State’s GSDP at constant prices (base year 2011-12) is expected to reach ₹3,58,293 crore in 2025-26, up from ₹3,31,402 crore in FY25. The projected increase reflects sustai

Mumbai:  Agrochemicals major UPL Limited has announced plans to spin off its crop protection business into a separate listed entity, in a move aimed at unlocking shareholder value and sharpening strategic focus. The proposed restructuring will carve out UPL’s core crop protection operations — which include manufacturing and distribution of agrochemicals, herbicides, insecticides and fungicides — into an independent company that will be listed on Indian stock exchanges. Strate

Bengaluru : Artificial Intelligence (AI)-led applications are poised to become significant cash flow generators in India over the next few years, according to Siddarth Pai, Founding Partner and Chief Financial Officer at 3one4 Capital. Speaking at an industry interaction, Pai said the current wave of AI innovation is moving beyond experimentation and hype, with companies increasingly deploying AI tools in revenue-generating use cases across sectors such as fintech, healthcare

Mumbai:  State Bank of India (SBI) is in discussions with Japanese financial institutions to explore acquisition financing opportunities, SBI Chairman C. S. Setty said, signalling the lender’s intent to strengthen cross-border funding partnerships. Speaking on the sidelines of a banking event, Setty indicated that SBI is engaging with leading Japanese banks and financial entities to facilitate funding for Indian companies pursuing overseas acquisitions, particularly in sector

Shares of Novartis India Ltd  rallied sharply after its Swiss parent Novartis AG  announced plans to sell its entire 70.68% stake  in the Indian arm to an investor consortium in a deal valued at approximately ₹1,446 crore . The buyers include WaveRise Investments , ChrysCapital  (through ChrysCapital Fund X), and Two Infinity Partners . 📈 Stock Market Reaction Following the announcement, Novartis India shares surged significantly during intraday trade, as investors responde

Tension prevailed outside the Gandhinagar Municipal Corporation office on Tuesday as Congress workers clashed with police ahead of the civic body’s budget meeting. The protest unfolded as the corporation convened to present and approve its budget for the financial year 2026–27. Protest Turns Confrontational According to officials, Congress members and supporters had gathered outside the civic body office to protest against alleged civic issues and financial priorities of the

State-run oil major in talks with Saudi Arabia and global players for Andhra Pradesh refinery project; focus remains on domestic fuel supply. New Delhi :State-owned Bharat Petroleum Corporation Limited (BPCL) will continue to procure crude oil based purely on “techno-commercial” considerations despite evolving geopolitical developments, Chairman and Managing Director Sanjay Khanna said in an interaction. Khanna emphasised that BPCL’s sourcing strategy is driven by a mix of te