Daily trending news …
A Bengaluru apartment purchased for Rs 20 lakh around 20 years ago has appreciated to nearly Rs 1 crore, according to a Reddit user’s personal experience. Today, with new homes in prime areas priced at Rs 2 crore to 3 crore, potential buyers are questioning whether similar returns are still possible or if the period of rapid property value growth has ended.
Unlike previous TN Rising events in Hosur and Thoothukudi, Coimbatore’s 2025 conclave stands out with over 7000 crore investments driven entirely by homegrown companies. Local powerhouses LMW, Pricol, CRI Pumps, KPR Group, KG Hospital, Ganga Hospital, Sakthi Group, Propel, Malabar Gold, Bosch India, Mahindra R&D, Tanny Shelters, and Casa Grande announced massive expansions in manufacturing, health
Former US congressman and economist Dave Brat claims the H-1B system is plagued by large-scale fraud, alleging that one Indian district linked to the Chennai consulate received around 220,000 H-1B visas, far exceeding the annual US cap and threatening American workers’ jobs
Coimbatore Investment Conclave fresh commitments by Casgrand’s ₹500-cr IT/ITES park, ₹3,400-cr semiconductor equipment plants by Caliber Interconnect and Mindox, KG Healthcare’s ₹1,000-cr 5,000-job super-speciality hospital, Sakthi Group’s ₹500-cr trainer aircraft facility in Tiruppur, expanded Bosch and new Mahindra R&D centres for software-defined vehicles, plus investments in drones, aerospace,
Gautam Adani’s newly built USD 1.2 billion copper smelter in Gujarat is running well below capacity due to a global shortage of raw ore. Kutch Copper Ltd. has imported less than 10% of the needed materials, struggling with mine disruptions and competition from China’s growing smelting industry.
An ash cloud from Ethiopia’s Hayli Gubbi volcano is heading towards India. The cloud will move across Rajasthan, Maharashtra, Delhi, Haryana, and Punjab. This volcanic ash may darken the sky and affect air travel.
Apple Inc. recently laid off of employees in its sales teams. Employees affected by the layoffs were informed over the past 15 days. Such broad job cuts are unusual for the iPhone maker, which rarely implements layoffs.
The Indian Rupee’s value has fallen to ₹89.49 against the US Dollar, raising concerns about import costs and market dynamics. Analysts suggest that this decline may impact sectors reliant on imports while providing benefits to export-oriented industries.
The Finance Ministry is reconsidering the merger of Oriental Insurance, National Insurance, and United India Insurance after recent government capital support strengthened their financial positions. Although the consolidation plan was postponed earlier, improved finances have revived the proposal, with efficiency and scale being major motivations. The government is also evaluating the possibility
Labour Codes (தொழிலாளர் சட்டம்): India’s four new Labour Codes mandate that basic pay + dearness allowance must form at least 50% of total CTC, ending the practice of inflating allowances to reduce PF and gratuity liability. While employees will enjoy higher retirement benefits and bigger gratuity payouts, most will see 5-10% lower take-home salary unless employers increase overall CTC.
