The Air India airlines on Monday said it has begun the roll out of new fares, complying with a direction from the government to all airlines to monitor their flight ticket prices. The government order was issued after it took note of airlines charging hefty prices for flights amid mass cancellations of several IndiGo flights over the...
The Reserve Bank of India’s Monetary Policy Committee (MPC) on December 5 decided to reduced the the repo rate by 25 basis point to 5.25% form 5.5% and maintain its “neutral” policy stance, signalling a wait-and-watch approach amid steady inflation and cautious growth The RBI announced a set of liquidity-support measures, including ₹1 lakh crore...
The Department of Telecommunications (DoT) has issued new directions effective from November 28, mandating all mobile handset manufacturers and importers to pre-install the state-owned cybersecurity app Sanchar Saathi on devices intended for use in India. The implementation must be completed within 90 days and a compliance report has to be filed within 120 days. This...
The Indian economy grew 8.2% in the July-Sept quarter as a strong comeback by the manufacturing sector and robust services activity helped it clock the fastest pace of expansion in six quarters.Strong domestic demand, which drove factories to produce more ahead of the festival season, helped India remain the fastest growing major economy and shrug...
Canada and India have agreed to restart stalled talks for a new trade deal, the Indian government said on Sunday, after discussions between the two countries paused following a diplomatic spat two years ago. Prime Minister Mark Carney met with India’s Prime Minister Narendra Modi for a bilateral discussion on the sidelines of the G20 summit in Johannesburg, South...
Frontline indices the Sensex and the Nifty 50 resumed their upward march on Wednesday, November 19, with gains led by select IT and banking heavyweights amid mixed global cues. The Sensex closed at 85,186.47, rising 513 points, or 0.61%, while the Nifty 50 clocked a gain of 143 points, or 0.55%, to settle at 26,052.65....
The Ministry of Electronics and Information Technology (MeitY) on Monday (November 17, 2025) announced the approval of seventeen new projects under the Electronics Component Manufacturing Scheme (ECMS), where firms will receive incentive payouts pegged to their turnover. The projects have a cumulative proposed value of ₹7,172 crore. This is the second tranche of announcements, after seven...
Union petroleum minister Hardeep Singh Puri on November 17 said that India has signed a ‘historic’ deal with the US to import liquefied petroleum gas (LPG) amid growing pressure to diversify country’s energy sources. Puri said state-run oil companies have clinched a one-year deal to to import 2.2 million tonnes per annum (MTPA) LPG from...
Tata Motors Passenger Vehicles (TMPV), the demerged passenger vehicle arm of Tata Motors, on Friday, November 14, reported net profit of ₹76,170 crore in the second quarter of current financial year, marking a multi fold jump from ₹3,446 crore in the same period last year. The sharp jump in profit came on the back of...
Indian online brokerage platform Groww’s IPO on Wednesday proved to be the largest listing by an Indian fintech so far this year, as the company raised ₹66.3 billion (about $748 million) with its shares closing 29% higher from their issue price. The company’s shares opened at ₹112, about 12% above their issue price of ₹100,...