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Ahmedabad’s strategic shift: From industrial powerhouse to India’s next IT & GCC destination

Economictimes.indiatimes.com 

India's technology sector is expanding geographically, with Ahmedabad, Gandhinagar, and GIFT City emerging as key destinations. Driven by supportive government policies and significant private investment, exemplified by Ganesh Housing's Million Minds Tech City, this corridor offers cost-efficient enterprise office space and scalable infrastructure, positioning it as a vital hub for IT and GCC growth.

Unseasonal rain in India: How long will it continue? Check IMD forecast on rainfall and heatwave

Economictimes.indiatimes.com 

Unseasonal rain, thunderstorms and hailstorms are affecting several parts of India, with unsettled weather expected to continue for the next three to five days. Key dates to watch include 8 April for peak activity, with scattered rainfall likely to persist until 11–12 April. The northeast region is expected to experience the most consistent spell of wet weather.

YSRCP flags 'discrepancies' in Andhra borrowings data

Economictimes.indiatimes.com 

Andhra Pradesh opposition leader Botcha Satyanarayana has accused the state government of misleading the Legislative Council. He claims incorrect and incomplete figures on borrowings for 2024-25 and 2025-26 were presented. Satyanarayana highlighted significant discrepancies between government figures and CAG audited accounts. He urged the Governor to intervene and ensure accurate financial reporting to maintain public trust.

FCL defaults on Rs 615.67 cr interest, principal payment

Economictimes.indiatimes.com 

Future Consumer Ltd (FCL), the FMCG arm of Future Group, has defaulted on Rs 615.67 crore in loan repayments and interest as of March-end 2026. The company owes Rs 325.26 crore to banks and financial institutions, and Rs 290.41 crore on unlisted debt securities. FCL is planning asset monetization and debt reduction to address the situation.


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