New Delhi: Air India’s transformation is now like being on the morning of the fifth day of a cricket Test match, as the heavy lifting has been done, the airline’s chief Campbell Wilson has said. The loss-making Air India, which was privatised in January 2022, has been facing various headwinds, and when asked about profitability,…
New Delhi: Mahindra Group on Friday said it will invest Rs 15,000 crore in Maharashtra over the next ten years, which includes setting up an automobile and tractor manufacturing facility in Nagpur. In addition, Mahindra will acquire land in the Igatpuri-Nashik region to expand current product and engine capacities, as well as to support the…
New Delhi: After a 25 basis point rate cut in December, the RBI on Friday decided to pause on the policy rate front amid geopolitical uncertainties. This is the first monetary policy review after Finance Minister Nirmala Sitharaman announced the Budget for financial year 2026-27. Announcing the sixth and final bi-monthly monetary policy for the…
New Delhi: Union Cooperation Minister Amit Shah on Thursday launched Bharat Taxi, the country’s first co-operative-run ride-hailing platform, which will start services in Delhi-NCR and Gujarat initially and pan-India in the next three years. Bharat Taxi platform, which has been established by India’s top eight co-operative organistions including dairy major Amul, will enhance drivers’ income…
Moscow: India is free to buy oil from any country, and there is nothing new about its decision to diversify its crude suppliers, the Kremlin said on Wednesday. “We, along with all other international energy experts, are well aware that Russia is not the only supplier of oil and petroleum products to India. India has…
We’ve been talking about gold and silver ETFs in the Indian market (especially after that wild January 2026 premium crash), let’s break down iNAV in plain, easy language. “iNAV” think of it like checking the MRP or “fair price” of something before you buy it at a crowded market. First, Quick Recap: What is iNAV? NAV (Net Asset Value) is the true value of one…
Mumbai: Reliance Industries Chairman Mukesh Ambani on Wednesday said sustained double-digit growth for India is possible, and that stable economic leadership defines a country. Speaking at a JioBlackRock event here, Ambani also said that in the next decade, India will not be importing 80 per cent of its energy. Every Indian village has a 5G…
Mumbai: Sebi Chairman Tuhin Kanta Pandey on Wednesday said that end of trade frictions through trade deals like the one with the US removes uncertainties, which will help accelerate capital formation. Replying to a question on whether the trade deal with the US will push foreign investors to get more money into the country, Pandey…
New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday told the Lok Sabha that the sensitive sectors of the country, like agriculture and dairy, are completely protected in the India-US trade deal. He said that the US tariffs for Indian goods will be reduced to 18 per cent. It was 50 per cent earlier….
The recent US tariff rollback on Indian exports, effective February 2, 2026, has slashed the effective duty from a burdensome 50% (25% base tariff plus 25% penalty) to 18%, following India’s commitment to cease Russian oil purchases. This move, announced by President Donald Trump after discussions with Prime Minister Narendra Modi, ends a protracted trade…
