January 23, 2026

Karnataka Power Utilities Seek ₹4,900 Crore Revenue Gap Approval; FKCCI Opposes Tariff Hike

Karnataka’s power firms want regulatory approval to cover a ₹4,900 crore revenue gap. FKCCI warns that higher tariffs will hit industries hard. Bescom's gap alone is ₹2,802 crore, but no clear tariff hike is proposed yet. KERC discussions on hikes are ongoing.

January 23, 2026

Karnataka High Court Allows Bike Taxis, Orders Registration Under Motor Vehicles Act

Karnataka High Court clears the way for bike taxis like Uber, Ola, and Rapido. It directs registering bikes as transport vehicles and issuing permits to operate legally.

January 23, 2026

Australian Dollar Surges Amid Trump Tariff Turmoil and Strong Commodities

The Australian dollar gained value against the US dollar despite Donald Trump’s tariffs threats during the Greenland dispute. Strong commodity prices and a robust jobs market support the Aussie dollar, while US economic risks keep investors cautious about the greenback.

January 23, 2026

Apple Asks Indian Court to Halt CCI’s Probe Over App Store Financial Data

Apple is fighting India’s Competition Commission to block access to its global financial records. The tech giant argues this move could hurt its challenge against penalty rules, while the court hearing is set for January 27, 2026.

January 23, 2026

Rising Gold Prices Hit Vadasery's Temple Jewellery Artisans Hard

Vadasery’s temple jewellery makers struggle as gold and silver prices soar. Traditional craft and artisans face tough times, pushing dancers toward imitation jewelry.