Saturday, April 11

Pakistan to Export Alcohol After 50 Years, Historic Win for Mari Brewery
world

Pakistan to Export Alcohol After 50 Years, Historic Win for Mari Brewery

ISLAMABAD/RAVALPINDI: Pakistan’s oldest and largest alcohol producer, Mari Brewery, has achieved a landmark success: after more than 50 years of domestic restrictions, the company has received approval to export its products abroad. The announcement has boosted production at the brewery’s factory near Rawalpindi, an unusual sight in a Muslim-majority country where the sale, purchase, and consumption of alcohol are heavily restricted. A Legacy of ResilienceMari Brewery was established in 1860 during British India to cater to colonial officers and soldiers. Following the creation of Pakistan in 1947, the government introduced stringent regulations on alcohol, particularly during Zulfikar Bhutto’s era. Despite decades of legal constraints, the brewery survived, maintaining a niche elite cu...
Tarique Rahman Returns to Bangladesh After 17 Years: A New Political Battle, Positive Signs for India?
world

Tarique Rahman Returns to Bangladesh After 17 Years: A New Political Battle, Positive Signs for India?

DHAKA: Tarique Rahman, son of former Prime Minister Khaleda Zia and a key leader of the Bangladesh Nationalist Party (BNP), is set to return to Bangladesh after nearly 17 years. His arrival has sparked massive excitement among BNP supporters and is being seen as a potential turning point in the country’s volatile political landscape. Rahman’s return comes at a time of significant instability in Bangladesh. Violent protests are on the rise, the Jamaat-e-Islami party has strengthened its presence, and the interim government led by Mohammad Yunus is navigating tense political waters ahead of the national elections scheduled for February 2026. With Prime Minister Sheikh Hasina’s Awami League sidelined from the electoral process, radical groups are attempting to consolidate influence, creati...
US Court Upholds Trump’s $100,000 H-1B Visa Fee, Major Blow to Indian Professionals
world

US Court Upholds Trump’s $100,000 H-1B Visa Fee, Major Blow to Indian Professionals

WASHINGTON: A federal court has backed former President Donald Trump’s decision to drastically increase H-1B visa fees, allowing the application cost to soar to $100,000. The ruling, delivered by U.S. District Judge Beryl Howell, states that Trump acted within his legal authority, marking a significant setback for foreign workers, particularly Indians, who form a major part of the H-1B workforce. Several related cases are still pending in courts. Judge Howell emphasized that Congress granted the President broad powers to address economic and national security concerns as part of his immigration policy. “As long as such actions remain within the bounds of law, courts cannot question the President’s policy judgment,” she stated. US Chamber of Commerce Challenges Fee HikeThe US Chamber ...
12 Stocks Deliver Up to 500% Returns Since Last Christmas: Complete List Revealed
Business

12 Stocks Deliver Up to 500% Returns Since Last Christmas: Complete List Revealed

New Delhi: While the BSE Sensex has climbed roughly 9% since last Christmas, a select group of 12 stocks has delivered exceptional returns ranging from 100% to 518%, turning investors into substantial winners. These high-performing companies have a market capitalization of over ₹3,000 crore and witness a minimum daily trading volume of 5,000 shares. Top Performers Cupid: Leading the pack, its stock soared from ₹77 to ₹473, delivering a staggering 518% return in just one year. CIAN Agro Industries & Infrastructure: Gained 181%, rising from ₹519 to ₹1,458. Apollo Micro Systems: Provided 176% returns, climbing from ₹95 to ₹263. GRM Overseas: Up 161%, from ₹63 to ₹166. Lumax Auto Technologies: Surged 146%, from ₹631 to ₹1,551. Larsen & Toubro Finance: Rose 119%, f...
Commercial Operations Commence at Adani’s Navi Mumbai Airport: First Flight Lands from Bengaluru
Business

Commercial Operations Commence at Adani’s Navi Mumbai Airport: First Flight Lands from Bengaluru

Adani Airports’ Navi Mumbai International Airport (NMIA) officially began commercial operations on Thursday, marking a new chapter in India’s aviation sector. The airport, inaugurated by Prime Minister Narendra Modi on October 8, 2025, is set to ease congestion at Mumbai’s Chhatrapati Shivaji Maharaj International Airport and meet the growing passenger demand in the region. The first arrival at NMIA was IndiGo flight 6E460 from Bengaluru, which landed at 8:00 AM and was welcomed with a traditional water cannon salute. Shortly thereafter, at 8:40 AM, IndiGo flight 6E882 departed for Hyderabad, completing the airport’s inaugural departure. Airlines and RoutesInitially, domestic flights will be operated by IndiGo, Air India Express, Akasa Air, and Star Air. On its first day, NMIA will b...
IPO Market Shatters Records in 2025: What to Expect in 2026?
Business

IPO Market Shatters Records in 2025: What to Expect in 2026?

New Delhi: The domestic IPO market in India had a record-breaking year in 2025, with companies raising a historic ₹1.75 lakh crore through public offerings. This marks the highest-ever annual fundraising via IPOs. Notably, eight major companies alone raised nearly ₹78,300 crore, accounting for almost 44.5% of the total capital. A total of 103 companies launched IPOs on the mainboard this year, up from 91 in 2024 and 57 in 2023. For perspective, in 2015, only 21 companies went public, raising ₹13,614 crore. Major IPOs of 2025The largest IPO of the year was Tata Capital, raising ₹15,512 crore in October. Other major contributors included: HDB Financial Services: ₹12,500 crore in June LG Electronics India: ₹11,605 crore in October ICICI Prudential AMC: ₹10,602 crore in Decembe...
Beware: Imported FMCG Products in India Are Not Always Safe—How Fraudsters Are Cheating Consumers
Business

Beware: Imported FMCG Products in India Are Not Always Safe—How Fraudsters Are Cheating Consumers

New Delhi: Many consumers in Delhi NCR and Mumbai prefer imported food and beverages from the US, UK, or other European countries, believing them to be of superior quality. However, recent police action has exposed a fraudulent racket selling expired foreign FMCG products, highlighting the risks of blindly trusting imported goods. How the Racket OperatedThe Delhi Police Crime Branch raided wholesale markets in Sadar Bazaar, Pahadi Dheeraj, and Faiz Ganj, uncovering a sophisticated operation. Fraudsters imported near-to-expiry or already expired food products from countries like the US, UK, and Dubai. Once in India, the original expiry dates were erased using thinners and replaced with new dates. Some packages even featured fake barcodes to mislead customers. Massive SeizureDuring the...
Global and Indian F&B Brands Eye Indian Railway Stations as the Next Big Opportunity
Business

Global and Indian F&B Brands Eye Indian Railway Stations as the Next Big Opportunity

New Delhi: India’s rapidly transforming railway network is attracting the attention of both global and domestic food and beverage brands. With the introduction of trains like Vande Bharat and Amrit Bharat and a major redevelopment of railway stations, brands such as McDonald’s, KFC, Haldiram’s, Wow! Momo, and Baskin Robbins are keen to set up outlets at these stations. According to officials and industry insiders, railway stations may even surpass airports in sales potential due to higher passenger footfall. Government sources indicate that the first premium outlets are expected to open by 2026, following revisions to the 2017 railway catering policy that now explicitly allows premium food brands. Franchise OpportunitiesSagar Daryani, President of the National Restaurant Association ...
Refurbished Phone Market Gains Momentum: Festive Season Revives Sector’s Fortunes
Business

Refurbished Phone Market Gains Momentum: Festive Season Revives Sector’s Fortunes

New Delhi: The refurbished smartphone market in India is witnessing a strong resurgence, thanks to the festive season. After a slowdown earlier in 2025, when major e-commerce platforms like Amazon and Flipkart scaled back sales of refurbished phones, companies such as Cashify and Control Z stepped in to sell directly to consumers (D2C), reviving growth and reshaping the sector’s outlook. Early-Year SetbackAccording to Economic Times, the first half of 2025 saw Amazon and Flipkart exit the refurbished smartphone segment due to high return rates and quality concerns. This impacted numerous smaller players who relied on these platforms for sales. D2C Model Sparks RevivalIn response, companies like Cashify and Control Z expanded their direct-to-consumer channels, including online stores ...
Gold or Silver: Which Will Yield Better Returns Next Year? Experts Weigh In
Business

Gold or Silver: Which Will Yield Better Returns Next Year? Experts Weigh In

2025 has been a phenomenal year for precious metals, with gold and silver delivering exceptional returns. While gold surged over 70%, silver skyrocketed more than 150%, giving investors more than double the return compared to gold. This raises the key question for 2026: which metal will perform better? Record-Breaking Gains in 2025From the start of the year, both metals witnessed a sharp upward trajectory. According to reports, silver started at ₹89,700 per kg on December 31, 2024, and has risen 153% since then. Gold, meanwhile, gained over 73% in global markets. By comparison, the Nifty 50 index recorded a modest 10.18% growth, underscoring the strong appeal of gold and silver among investors. On Wednesday, silver prices in Delhi surged by ₹9,750, reaching a new record of ₹2,27,000 ...

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