February 5, 2026

Vizhinjam Port Hits Record 1,23,092 TEUs in January 2026, Eyes Big Expansion

Vizhinjam International Seaport set a new monthly throughput record of 1,23,092 TEUs in January 2026. The port handled 62 vessels, highest ever in a month, and climbed to 83rd worldwide. With a ₹16,000 crore expansion underway, Vizhinjam aims to become a major global transshipment hub by 2029.

February 5, 2026

ED Launches Probe on Nedumparambil Credit Syndicate for Alleged Deposit Fraud in Kerala

ED investigates Nedumparambil Credit Syndicate promoters for cheating depositors with false promises of high returns. Multiple FIRs by Kerala Police under IPC 420 led to searches, revealing fund diversion and property investments.

February 5, 2026

Australia’s Capital Gains Tax Discount to Cost $247bn Over Next Decade

Australia’s 50% capital gains tax discount will cost the budget $247bn in 10 years. Top earners gain most. Greens push Labor to reform tax and help first home buyers.

February 4, 2026

ED Seizes 8 Properties Worth ₹27.83 Crore for FEMA Violations in Dubai Investments

The Enforcement Directorate has seized eight properties valued at ₹27.83 crore linked to undeclared overseas investments and hawala funds. Investigations revealed Indian residents bought Dubai properties without RBI approval or proper banking routes.

February 4, 2026

IndiGo Cancels Most Flights in December, Over 10.4 Lakh Passengers Impacted

Flight cancellations in December affected 10.46 lakh passengers in India, with IndiGo accounting for 93% of the disruptions. Airlines paid over Rs 24 crore in compensation, reveals DGCA data.