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Haryana RERA gives developers four-month relief as Iran war disrupts projects
Business

Haryana RERA gives developers four-month relief as Iran war disrupts projects

Haryana RERA has extended real estate project deadlines by four months. This decision follows a central government advisory recognizing supply chain disruptions. The extension applies to projects with completion dates on or after February 28, 2026. Developers welcome this relief, which shields them from penalties and litigation. Buyers will experience delayed move-ins but avoid project abandonment or quality compromises.

BTC News Desk · 12 Aug, 6:28 pm

India builds a new train for Bangladesh: 19 coaches packed with CCTV, baby care room, prayer room and a special safety design
Business

India builds a new train for Bangladesh: 19 coaches packed with CCTV, baby care room, prayer room and a special safety design

India has delivered nineteen customized LHB coaches to Bangladesh Railway. These coaches feature enhanced passenger comfort and safety designs. Special amenities like a baby care room are included for passengers. The coaches also boast a strengthened roof structure for operational needs. This delivery continues the strong railway partnership between India and Bangladesh.

BTC News Desk · 12 Aug, 6:25 pm

JSW Dulux’s profit from retained business doubles on year in June quarter
Business

JSW Dulux’s profit from retained business doubles on year in June quarter

JSW Dulux's retained business profit more than doubled year-on-year in the June quarter. Volume growth of twenty-five percent significantly aided this impressive financial performance. The company's board also approved a ten-for-one stock split for its shareholders. Decorative and industrial paints segments experienced strong growth across various sectors. Price hikes were implemented during the quarter to counter rising raw material costs.

BTC News Desk · 12 Aug, 5:59 pm

Lower house passes amendments curbing states power to tax minerals
Business

Lower house passes amendments curbing states power to tax minerals

Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, curbing states' powers to impose taxes and cess on mineral rights, with mining minister G Kishan Reddy citing the need for a uniform fiscal framework. RSP MP Premachandran N K opposed the move as unconstitutional, arguing land taxation is exclusively a state subject.

BTC News Desk · 12 Aug, 5:57 pm