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Centre waives customs duty on cotton imports till October 30

Centre waives customs duty on cotton imports till October 30

Economic Times

Big news for our textile makers! The government is waiving all customs duty on cotton imports until October 30, 2026. This move, announced Saturday, aims to "boost cotton availability" for the industry. It should help lower costs and ensure enough raw material for the upcoming season.

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Kraft Heinz Expands its Global Capability Center (GCC) Presence in India with New Office in Bengaluru

Kraft Heinz Expands its Global Capability Center (GCC) Presence in India with New Office in Bengaluru

mint

Kraft Heinz is opening a new office in Bengaluru, India, to boost its global operations. This new spot will work with their main office in Ahmedabad. Serge De Vos said, "this is an exciting step in our journey." They're using India's great talent to get better at tech and data.

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FSSAI sends notice to IRCTC after viral video shows utensils being washed in train toilet

FSSAI sends notice to IRCTC after viral video shows utensils being washed in train toilet

Economic Times

A video showing train staff washing utensils in a toilet sparked a food safety scare. The FSSAI sent a notice to IRCTC asking for answers. IRCTC said they took "immediate action" and removed staff, but claimed they didn't get an official notice from the regulator.

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Zara's India FY26 profit falls 32% to Rs 204 crore; revenue slips

Zara's India FY26 profit falls 32% to Rs 204 crore; revenue slips

Economic Times

Zara's India profit dropped a lot, down 32% to Rs 204 crore in FY26, and sales also slipped a bit. This happened after Trent, part of Tata, cut its share in the company that runs Zara stores here. Meanwhile, another brand they work with, Massimo Dutti, saw its sales go up.

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Semiconductor tech boost for Odisha as Intel, 3DGS sign $3.3 billion pact

Semiconductor tech boost for Odisha as Intel, 3DGS sign $3.3 billion pact

The Telegraph

Odisha is getting a big boost in chip tech! The state, along with Intel and 3DGS, signed a $3.3 billion deal to bring advanced substrate manufacturing to India. Minister Ashwini Vaishnaw said, "strengthen India's semiconductor ecosystem." This project will create many high-skilled jobs and use cutting-edge tech for AI and more.

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UP consumers to pay 10% fuel surcharge on June power bills

UP consumers to pay 10% fuel surcharge on June power bills

Economic Times

Get ready for higher electricity bills in UP this June! Consumers will see a 10% jump because of a fuel surcharge. This covers extra costs for buying and moving power. As Pankaj Saxena said, "the surcharge has been calculated at 10%". This change follows new rules and will affect everyone.

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Petrol, diesel and CNG prices today: Latest rates in Delhi, Mumbai, Kolkata and other cities on May 30

Petrol, diesel and CNG prices today: Latest rates in Delhi, Mumbai, Kolkata and other cities on May 30

The Statesman

CNG prices went up in Mumbai on May 30, but petrol and diesel rates stayed the same everywhere. The article said, "fuel prices remained steady across the country." Even though global oil prices dropped, it hasn't changed what we pay at the pump yet.

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India's Djibouti challenge: Securing access without entrapment

India's Djibouti challenge: Securing access without entrapment

Firstpost

Djibouti is super important now because of Red Sea problems. India needs to be smart about its role there. The article says, "strategic assets are ultimately political assets." This means India can't just buy a port; it needs to handle the tricky politics too, especially with China's growing influence.

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