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Business
IndiGo Suspends Flights to Six International Destinations Amid Middle East Crisis and Cost Pressures
India’s largest airline, IndiGo, announced on Thursday the temporary suspension of flights to six international destinations, including Hong Kong, Shanghai, and Thailand’s Krabi. This decision comes as the airline seeks…
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Business
India’s Bold Move Towards Flex-Fuel Vehicles: Understanding the Dual-Fuel Revolution
India’s initiative to promote flex-fuel vehicles aims to reduce crude oil imports and carbon emissions, according to Maruti Suzuki India MD and CEO Hisashi Takeuchi. Speaking at the launch of…
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Business
Citi CEO Jane Fraser Encourages Indian Companies to Recognize Their Value
MUMBAI: Citi’s global CEO Jane Fraser has urged India to maintain confidence in its long-term growth narrative, despite facing short-term challenges. Speaking at the Citi India conference, Fraser emphasized that…
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Business
Rajesh Mehta’s Ascendancy and Fall: A Look at His Scrutiny by Sebi
BENGALURU: Rajesh Mehta, known for his jewellery brands Shubh, Laabh, and Oyzterbay, has seen a significant decline in his business operations amid ongoing investigations by the Securities and Exchange Board…
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Business
Mehta Challenges Sebi’s Decision Regarding Inflated Revenue of Rs 15L Cr
BENGALURU/MUMBAI: Rajesh Mehta, the head of Rajesh Exports, has been banned by the Securities and Exchange Board of India (Sebi) for allegedly inflating the company’s revenues over several years. The…
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Business
HDFC Agents Cease Mobilization of Government Funds
MUMBAI: HDFC Bank, India’s largest private sector lender, has instructed its agents to cease mobilizing fixed deposits and current account, savings account (CASA) funds from government entities, effective July 1,…
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Business
LPG Supply Remains Steady as Oil Companies Face Losses on Cylinder Sales
Oil Marketing Companies (OMCs) are grappling with under-recoveries of nearly Rs 700 on each domestic LPG cylinder, despite government efforts to bolster supply. Sujata Sharma, joint secretary in the Ministry…
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Business
Why Every Business Launch Needs a Social Media Presence on Day One
Most businesses launch without social media. They build website. They set up operations. They focus on product and service delivery. Once everything is running smoothly, they think about social media.…
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Business
Rajesh Exports Stock Plummets 5% Following SEBI Ban on CMD for Financial Irregularities
Shares of Rajesh Exports Ltd, a prominent jewellery exporter, fell sharply on Thursday, dropping 5% to hit the lower circuit limit. This decline followed a directive from the Securities and…
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Business
Gold and Silver Price Forecast: Will Gold Reach Rs 1.65 Lakh per 10 Grams and Silver Climb to Rs 2.85 Lakh per Kg?
Gold and silver prices are showing a bullish trend as MCX Gold maintains a consolidation phase, according to Abhilash Koikkara, Head of Forex & Commodities at Nuvama Professional Clients Group.…
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Business
Global Investors Set Their Sights on India, Says Piyush Goyal
India’s growth trajectory is attracting global investor interest, according to Union Commerce and Industry Minister Piyush Goyal. Speaking at the Citi India Conference 2026, Goyal emphasized that his recent discussions…
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Business
Russia Acknowledges Decline in Oil Production Amid Ongoing Attacks on Refineries in Ukraine
Russia has publicly acknowledged a decline in its oil production for the first time this year. Deputy Prime Minister Alexander Novak stated that current output is lower than at the…
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Business
India and Venezuela Strengthen Energy Cooperation: A Perfect Complementarity Amid Crude Diversification Efforts
India and Venezuela are set to enhance their cooperation, particularly in the energy sector, as New Delhi seeks to diversify its crude oil imports amid ongoing supply disruptions linked to…
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Business
India Expands Ethanol Infrastructure: 5,000 Fuel Stations Set for 2027 in Delhi NCR, Pune, and Beyond
India is accelerating its ethanol initiative to reduce reliance on imported fossil fuels. The government plans to establish a network of ethanol dispensing stations across major cities, starting with 50…
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Business
India Seeks Foreign Investment Amid US-Iran Tensions
In an effort to attract foreign investment amid the ongoing Middle East crisis, the Indian government plans to eliminate the capital gains tax on foreign portfolio investors’ holdings in government…
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