School bus operators in Maharashtra have raised fees by 15% this month, attributing the increase to rising fuel costs and insufficient government support. This hike further strains parents who are already dealing with higher school fees, leading Anubha Sahay to urge for government intervention.
Economic pressures are hiking costs for essential services across Maharashtra . School transportation providers are among those forced to adjust pricing . This month,parents face a 15% hike in school bus fees. Rising operational costs and lack of government help are to blame .
Fuel and diesel prices top the list of growing expenses, with a steady upward trend. And pay for essential personnel like drivers and attendants has jumped too. More financial strain on those running services…
Gazprom announced that May's injections into European natural gas storage facilities totaled 8.9 billion cubic meters, falling short of the ten-year average by 1.1 billion. Operators now have a target of injecting 41.9 billion cubic meters by November 1, 2025, which is 1.5 times the amount from last year.
BRIC Team
France and Belgium are holding back their support for a European Union initiative aimed at banning Russian gas imports by end of 2027. To move forward, European Commission requires agreement from all four nations, while Hungary and Slovakia are also likely to oppose the proposal.
BRIC Team
SEBI has issued an interim order against Rajesh Exports over allegations of significant financial misrepresentation, potentially reaching ₹15 lakh crore. The market regulator has prohibited promoter Rajesh Mehta from trading in its securities. Meanwhile, Congress has raised concerns regarding LIC's 10.8% stake.
BRIC Team
On Thursday, June 4, 2026, India's ruling BJP took aim at opposition leader Rahul Gandhi, accusing him of "selling panic" regarding the economy. This accusation came after Gandhi predicted that PM Narendra Modi would not stay in power and issued a dire warning about an impending "economic tsunami" in India.
BRIC Team
Bharat Earth Movers Limited (BEML) has handed over the first six-coach driverless train set for Bengaluru Metro Blue Line to Byappanahalli depot on Thursday. This delivery signifies a step forward for Blue Line, especially when compared to the substantial delays faced by Namma Metro Yellow Line due to supplier problems.
BRIC Team
Foreign Institutional Investors pulled out more than Rs 2 lakh crore from India's secondary markets during the first four months of 2026. This trend is fueling economic stagnation and rising youth discontent, as graduate unemployment approaches 40%. K E Raghunathan warns that civil disturbances could follow.
BRIC Team
