Fire Breaks Out at Footwear Unit in Hyderabad; No Casualties Reported

Firefighters douse flames at footwear unit in Kamatipura, Hyderabad.

A large blaze destroyed the Kamatipura shoe factory on Tuesday night. The fire caused considerable damages but thankfully no one got hurt. The event took place around 11 PM in the Osmanbagh locality.

As per the police sources, the sparks that started the fire were produced by a short circuit in the electricity supply cables located nearby, and then the fire spread rapidly and consumed the stock of materials in the unit. The fire was controlled by the response of the Chandulal Baradari fire brigade.

The officials, on the one hand, confirm that the investigation is still in progress in order to determine the exact cause of the fire and to measure the losses, but on the other hand, they are suggesting the same thing as they say the inquiry is still going on.

Budget 2026 income tax expectations rise as taxpayers seek relief, clarity and simpler rules

Taxpayers track expectations ahead of Union Budget 2026 as income tax relief and simplification take centre stage.

The Union Budget 2026–27 countdown has started and taxpayer expectations continue to rise. Finance Minister Nirmala Sitharaman will deliver her ninth consecutive Budget presentation on February 1 which marks the third full Budget of the Modi

High-speed rail corridor cleared; E Sreedharan to spearhead project planning

Representative image of a high-speed train symbolising Kerala’s proposed new rail corridor led by E Sreedharan.

The Centre has approved a high-speed rail corridor which will deliver extensive rail infrastructure improvements throughout Kerala. The initial planning work will be conducted by E Sreedharan who is known as the ‘Metro Man’ while the

IndiGo Vacates 717 Domestic Airport Slots After DGCA Curbs Winter Operations

An IndiGo aircraft at an Indian airport after the airline vacated multiple domestic slots following DGCA’s winter schedule curtailment.

IndiGo has vacated 717 take-off and landing slots across domestic airports after aviation regulator DGCA ordered a 10% cut in the airline’s winter schedule, following major operational disruptions in early December, sources said. Slots — which

Steel Sector Cartelisation Under CCI Scanner

The Competition Commission of India headquarters in New Delhi amid an ongoing antitrust investigation into major steel producers.

Indian steelmakers Tata Steel JSW Steel Steel Authority of India Limited SAIL and Rashtriya Ispat Nigam Limited RINL face investigation because antitrust authorities discovered evidence of their alleged cartel activities according to a report reviewed by

Union Budget 2026: Logistics Sector Demands ₹3 Trillion Allocation

Logistics industry leaders call for higher infrastructure spending in Union Budget 2026 to strengthen supply chains and economic growth.

The Logistics Sector Skill Council (LSC) demands the Centre to spend ₹3 trillion on infrastructure projects which require extensive changes and increased financial funding for the industry. The council mentioned in its statement that the previous

IndiGo to Surrender Unused Airport Slots Amid Operational Reset

An IndiGo aircraft at an airport, as the airline undertakes operational changes and returns unused flight slots.

IndiGo, which operates as India’s biggest airline, will return its unused airport slots after the company decided to stop operations because of regulatory violations which occurred during the previous month. The airline received a flight reduction

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