APERC to set strict rules on DISCOM purchases to curb corruption and high costs

January 22, 2026

APERC to set strict rules on DISCOM purchases to curb corruption and high costs

APERC chief P. Venkata Rama Reddy announced upcoming guidelines to check DISCOM procurement and stop corruption after complaints on costly transformer purchases. The commission noted ₹4,478 crore true-up charges from SPDCL and pledged detailed investigations.

UAE Travellers Book Summer 2026 Trips Early Amid Visa Delays and Rising Costs

January 22, 2026

UAE Travellers Book Summer 2026 Trips Early Amid Visa Delays and Rising Costs

UAE travellers are planning summer 2026 holidays unusually early. Long visa waits and rising flight and hotel prices push bookings as early as January. Many want to avoid missing travel dates and high costs.

Vizhinjam Port’s ₹9,700 Crore Phase 2 Expansion Kicks Off on Jan 24

January 22, 2026

Vizhinjam Port’s ₹9,700 Crore Phase 2 Expansion Kicks Off on Jan 24

Vizhinjam international seaport in Kerala begins second phase of development with ₹9,700 crore investment by Adani. Capacity will jump to 5 million TEUs by 2028, boosting trade and tourism.

India's Net FDI Negative for 4th Month; Outflows Exceed Inflows by $446 Million in Nov 2025

January 22, 2026

India's Net FDI Negative for 4th Month; Outflows Exceed Inflows by $446 Million in Nov 2025

India's net foreign direct investment (FDI) remained negative in November 2025, with outflows surpassing inflows by $446 million. High repatriations and disinvestments by foreign firms led to this trend, while portfolio investment also saw net outflows amid trade deal uncertainty and a weakening rupee.

SpiceJet to Launch Direct Ahmedabad-Sharjah Flights from February 2026

January 22, 2026

SpiceJet to Launch Direct Ahmedabad-Sharjah Flights from February 2026

SpiceJet will start non-stop flights between Ahmedabad and Sharjah from February 5, 2026. It’s a new link for business and family travel between Gujarat and the UAE.