Business

Major fire at HPCL Visakhapatnam refinery near oil tank, explosion reports under review

A major fire broke out at Hindustan Petroleum Corporation Limited’s Visakhapatnam refinery near an oil tank, with reports of an explosion being examined.

03 Nov 2026

Homebuyers Body Calls for RERA Recast, Wants Promotion Separated from Protection

A national homebuyers association has urged the Prime Minister to overhaul the Real Estate (Regulation and Development) Act, insisting that promotional activities be decoupled from consumer protection provisions.

02 Nov 2026

Domestic Airfare Hikes Trim Passenger Numbers, Airlines Feel the Pinch

Higher ticket prices for domestic flights have led to a noticeable drop in passenger traffic, prompting concerns over revenue impacts for Indian carriers.

02 Nov 2026

Forbes Updates Real-Time Billionaires List, Tracking Global Wealth

Forbes has published its Real-Time Billionaires List, providing a dynamic view of the world's wealthiest individuals. The list tracks the net worth of top global figures in real-time.

02 Nov 2026

Uttar Pradesh unveils 2022 IT and ITeS policy to boost tech sector

Uttar Pradesh has introduced a new policy for the IT and ITeS sector in 2022, outlining specific incentives and eligibility criteria for businesses.

02 Nov 2026

Supreme Court Hears Petition to Cap Domestic Airfares Ahead of Diwali

A petition seeking a ceiling on domestic airline tickets, alleging a 700% surge during the Diwali season, was presented before the Supreme Court.

02 Nov 2026

Supreme Court Judge Warns Travelers Amid 700% Airfare Hike Claim

A Supreme Court judge cautioned passengers against flying after a claim of a 700% hike in airfare, stating, "Don't travel by air. Next case."

02 Nov 2026

Microsoft raises $25B via bonds after offering 60,000 staff buyouts

Microsoft has priced a $25 billion bond sale, its first US investment-grade offering since 2017, days after offering voluntary exit packages to 60,000 employees. The funds will support massive AI infrastructure spending.

02 Nov 2026

Honda Confirms No Plans to Exit Karnataka, Says Minister M.B. Patil

Karnataka minister M.B. Patil confirmed that Honda will not relocate its operations out of the state, dispelling rumors of a potential exit.

02 Nov 2026

Karnataka Announces Major Investment in Maritime Makeover

The Karnataka government has unveiled a substantial investment plan aimed at transforming its maritime infrastructure.

02 Nov 2026

Russia's War-Economy Stabilises as Industrial Production Slump Eases

Russia's wartime economy is showing signs of stabilisation as the recent downturn in factory production begins to ease, according to recent assessments.

02 Nov 2026

Allan Bollard: India Must Reassess Trade Deals, Engage China Supply Chains

Allan Bollard has advised India to rethink its trade agreements and actively engage with Chinese supply chains to strengthen its economic position.

02 Nov 2026