Economic Times5/4/2026BusinessIndia
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Developing·16m ago
CMRL Ex-CFO's Ledger Reveals Alleged ₹182 Crore Fraudulent Cash Flows
A special ledger allegedly maintained by CMRL's former CFO, Suresh Kumar KS, has revealed fraudulent cash flows totaling ₹182 crore into the Kerala firm. Probe agencies, including the ED, are investigating these alleged irregularities, which reportedly involved payments to various entities based on the MD's instructions.
Economic Times
Developing·16m ago
India and Russia Target $50 Billion in Mutual Investments by 2030
India and Russia aim for $50 billion in mutual investments by 2030, focusing on joint ventures in advanced manufacturing, critical minerals, and green technology. A recent meeting in Moscow encouraged private sector exploration and collaboration.
Economic Times
Developing·46m ago
E20 Fuel Controversy: Why Automobile Majors Back Govt's Ethanol Blending Amid Consumer Concerns
Automobile majors support India's mandatory 20% ethanol blending in petrol (E20), despite consumer complaints of reduced mileage and concerns about older vehicles. Studies suggest a 3-4% mileage drop for non-compliant vehicles, with potential material deterioration in older models.
Times of India
Developing·1h ago
Henrico County Faces Rising Energy Costs Due to Data Center Growth
Henrico County, Virginia, is experiencing a nearly 25% rise in electricity costs for public services, totaling $5 million annually, due to increased demand from 37 data centers. This has led to energy-saving measures in schools and offices, despite the county benefiting financially from data center tax revenue.
TOI World
Developing·4h ago
India's Fertilizer Supply Chain Remains Resilient Amidst Middle East Disruptions
India's fertilizer supply remains largely on track despite Middle East disruptions, with most shipments crossing the Strait of Hormuz safely. Domestic production exceeds targets, and the government has secured new supply sources through diplomatic outreach to safeguard farmers' interests.
Times of India
Developing·5h ago
Akasa Air to Join UDAN Scheme, Plans Significant Capacity Growth
Akasa Air plans to join India's UDAN regional connectivity scheme, confirmed CEO Vinay Dube. The airline is receiving Boeing 737 MAX aircraft steadily and aims for 30% capacity growth this fiscal year, with 30-40% over the next 4-5 years.
Economic Times