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The Latest Breaking News from Chennai

Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this ground

A senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a significant delay, the Income Tax Appellate Tribunal (ITAT) in Chennai granted him full tax exemption, recognizing the compensation as tax-free under Section 10(10B). This ruling offers relief and highlights…

The Economic Times

Centre approves Rs 530 cr for intelligent transport system in Chennai

Chennai is set to revolutionize its traffic management with a Rs 500 crore intelligent transport system. Funded by a loan from Japan, the project will enhance efficiency and handle growing demands. Key features include advanced traffic control at numerous junctions, incident detection, and real-time information systems. The Greater Chennai Corporation…

The Economic Times

India's institutional real estate investments jump 23% to $4.3 billion in H1 2026; domestic capital hits record 64% share: JLL

India's real estate market saw a robust 23% investment surge in early 2026, reaching USD 4.3 billion. A significant shift saw domestic investors dominate, contributing 64% of capital, a record high. This growth, fueled by PE and REITs, signals market maturity. The office sector led, attracting USD 2.3 billion, with…

The Economic Times

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India may approve $370 million Chinese-linked auto investment, first in nearly a decade

India is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geely and France's Renault. This move, one of the largest Chinese-linked manufacturing investments in years, will see advanced hybrid powertrains built in India, potentially at Renault's Chennai plant. The investment…

The Economic Times

Office leasing down 2% in Apr-Jun across top 7 cities; new supply falls 28%: Colliers

Office space leasing across seven major Indian cities saw a slight dip of 2% to 17.4 million sq ft in April-June, primarily due to reduced new supply. While Bengaluru, Delhi-NCR, and Hyderabad experienced growth, Mumbai, Pune, Chennai, and Kolkata reported declines. Despite global economic uncertainties, the office market demonstrated resilience,…

The Economic Times

5 Short Books Under 200 Pages That Will Permanently Change How You Think and Read

Man's Search for Meaning - Viktor Frankl (165 pages)Frankl wrote this book in nine days. He had survived Auschwitz, Dachau, and two other Nazi concentration camps. What he produced is not a memoir of suffering - it is a clinical argument about why some people survive catastrophic conditions while others,…

Times Life

22k gold rate today: Check 24k, 22k, 20k, 18k gold prices (June 24, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold prices saw a mixed trend on Wednesday, June 24, 2026, with Tanishq holding steady while other major jewellers like Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas lowered their 22K gold rates. This comes as IBJA's Tuesday evening rates indicated a slight dip. Consumers can check specific rates across…

The Economic Times

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After 16 years of silence, a WhatsApp message sent by Chennai volunteers found a Jharkhand woman's missing husband and her son, who had been living kilometres away from him, brought him home

A Jharkhand man missing for 16 years was found homeless on the streets of Chennai by a local NGO. Volunteers circulated his photograph through WhatsApp groups, eventually reaching a shopkeeper who recognised him. In a remarkable coincidence, his son was working just kilometres away from where his father had been…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 22, 2026) at IBJA, Malabar Gold & Diamonds, Tanishq, Joyalukkas and Kalyan Jewellers

Gold rate today: Gold prices saw a slight uptick today, June 22, 2026, with 22k gold jewellery at Tanishq priced at Rs13,475 per gram. Major retailers like Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas also reflect similar rates.

The Economic Times

India is the strongest chess playing nation: Vijayalakshmi hails country's rapid rise

Chennai's Subbaraman Vijayalakshmi, India's first IM and WGM, asserts the nation's chess dominance is unmatched and will only grow. She highlights Chennai's pivotal role, from pioneers like Manuel Aaron and Vishwanathan Anand to current stars Gukesh and Praggnanandhaa. Vijayalakshmi also reflects on her near-miss GM title and contemplates a comeback.

The Economic Times

Chennai port launches 21-voyage cruise season as MV Empress arrives

Chennai Port witnessed a significant boost to cruise tourism with the arrival of MV Empress, launching an extensive three-month season. The port efficiently managed a record 3,600 passengers in a single day, showcasing its readiness for high-volume operations. A culturally rich welcome, featuring traditional music and hospitality, greeted travellers, highlighting…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 19, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold rate today: Gold prices are down today across India. This follows a drop in domestic bullion rates. Consumers planning to buy gold jewellery will find lower prices. Experts suggest gold may target further support zones.

The Economic Times

International Finance Corporation announces $371 million investment in data centre operator Sify

The International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Navi Mumbai and Chennai. These facilities will be AI-ready and energy-efficient. The investment supports India's growing digital needs and expansion of its data centre capacity. This move is set to…

The Economic Times

Bengaluru, Pune, Hyderabad, Mumbai and Chennai dominate India’s AI talent map: Report

Nearly one in five AI learners comes from Tier II cities such as Lucknow, Patna, Jaipur, Indore, Nagpur, Chengalpattu and Coimbatore, according to Scaler's India AI Workforce Report 2026, a study of career outcomes among India's AI-skilled workforce.

The Economic Times

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The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 17, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold rate today: Gold prices saw a slight dip across major Indian cities on June 17, 2026, following a decline in domestic bullion rates. Major jewelers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyallukas reported a decrease in 22k gold prices compared to the previous day.

The Economic Times

Tamil Nadu government empowers CMDA to give planning permission for high-rise buildings

Chennai Metropolitan Development Authority now grants planning permissions for high-rise buildings. This streamlines approvals for projects in Chennai. Previously, a lengthy process involved multiple stages and government orders. The new directive simplifies this, speeding up clearances. This reform aims to boost urban development and ease of doing business in the…

The Economic Times

Passenger footfall at Agartala's MBB airport has almost doubled in 12 years, official says

Maharaja Bir Bikram Airport in Agartala has seen passenger numbers nearly double over the past 12 years. This growth is attributed to the introduction of more flights to various cities. The airport now handles approximately 5,000 passengers daily. Efforts are underway to introduce direct flights to Mumbai and Chennai. The…

The Economic Times

US realty firm Opendoor winds down India operations, nearly 250 employees impacted

Opendoor, a prominent player in real estate technology, is pulling out of its operations in India, leading to the unfortunate layoff of 250 employees located in Chennai, Hyderabad, and Bengaluru. This decision comes as the company seeks to realign its operational focus back to the US, where it aims to…

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The Economic Times

Gold rate today (June 12, 2026): Check 24k, 22k and 18k gold jewellery rates from IBJA, Malabar Gold and Diamonds, Joyalukkas & Tanishq in Delhi, Mumbai and other cities

Today's gold price (24k, 22k, 18k): Gold and silver prices surged on Friday, June 12, 2026. This rise follows a rebound from previous day's lows. Experts attribute the increase to easing inflation worries and expectations of geopolitical stability. Leading Indian jewellery brands and IBJA reported higher rates. This marks a…

The Economic Times

Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rules

A woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her favor, accepting her explanation for cash deposits from a property sale and sale of household items. The tribunal noted individual transactions for household items were below the Rs…

The Economic Times

AI shift drives Opendoor’s India exit: Here's all you need to know

US real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is part of a major restructuring. The company is integrating artificial intelligence to streamline operations. This shift aims to improve efficiency by consolidating systems and creating smaller,…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 10, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold and silver prices saw a decline on Wednesday, June 10, 2026, as major Indian retailers reduced rates. This drop is attributed to heightened global uncertainty stemming from Middle East geopolitical tensions and shifting US interest rate expectations.

The Economic Times

Hyundai's Chennai plant resumes operations after fire, targets full recovery by June 22

Hyundai Motor India's Chennai plant is recovering after a fire at a supplier's facility. Production at Chennai Plant 1 was affected, but other facilities continued operations. The company sourced parts from alternative locations. Chennai Plant 1 is expected to return to normal production by June 15. Full manufacturing operations should…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 9, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold prices saw a rise on Tuesday, June 9, 2026. Major jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates. The India Bullion and Jewellers Association also noted an increase. Investors are closely watching developments in the Middle East for further market cues.

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 8, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold and silver prices saw a dip this today. Rising global tensions fueled inflation worries, while strong US economic data suggested interest rates would stay high.

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