Industry

Jewar’s Noida International Airport to Launch First Cargo Flight Today, Transitioning from Passengers to Parcels

Jewar’s Noida International Airport (NIA) is set to handle its first cargo flight on Wednesday, following the commencement of commercial…

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Rupee Exchange Rate Update: Currency Declines 2 Paise to Close at 94.60 Against US Dollar

The Indian rupee closed at 94.60 against the US dollar on Tuesday, down 2 paise, ending a two-day gaining streak.…

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SpaceX IPO: Company Surpasses Amazon in Market Value Following IPO Surge; Options Trading Commences

Shares of Elon Musk’s SpaceX surged over 14% on Tuesday, elevating the company’s market valuation to approximately $2.85 trillion. This…

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Donald Trump Announces Potential Reimposition of Russian Crude Sanctions Following Hormuz Reopening

US President Donald Trump announced on Tuesday that the United States is preparing to reimpose sanctions on Russian oil shipments.…

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India’s Grain Reserves Surge as El Nino Returns: Record Rice Stocks and Five-Year High Wheat Stores

India’s rice stocks in government warehouses surged 15% year-on-year to a record 68.43 million metric tonnes as of June 1,…

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Oil Prices Drop 4% Following Trump’s US-Iran Deal Announcement and Hormuz Reopening

Oil prices plummeted to their lowest levels since March on Monday, following US President Donald Trump’s announcement that the Iran…

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US-Iran Peace Agreement Boosts Markets and Currency Exchange

Global markets experienced a significant rally on Monday following the announcement of a framework agreement between the United States and…

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ITR Filing for FY 2025-26: Is It Possible to Alternate Between New and Old Income Tax Regimes Annually?

Individuals filing their income tax returns for FY 2025-26 face a crucial decision: whether to choose the old or new…

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FM Sitharaman Signals Additional Measures to Boost Foreign Capital Inflows ‘First Step, Not End of the Story’

Finance Minister Nirmala Sitharaman announced that recent measures to attract foreign capital represent the “first step” in India’s strategy to…

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Arvind Panagariya Advocates for a Dedicated Privatization Ministry

Former Niti Aayog vice chairman Arvind Panagariya has urged the Indian government to revive its privatisation agenda for public sector…

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US Emergency Oil Stockpile Hits Record Low Amid Concerns

More than four decades after its establishment, the U.S. Strategic Petroleum Reserve (SPR) has reached its lowest level since 1983.…

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Impact of US-Iran Peace Deal on India’s Crude Oil Supplies Following Strait of Hormuz Opening

US-Iran negotiations have led to a potential peace deal that could significantly impact global crude oil supplies. If the agreement…

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Zepto’s IPO: Will 10-Minute Delivery Model Withstand Public Market Evaluation?

NEW DELHI: Zepto, a quick-commerce platform founded by Aadit Palicha and Kaivalya Vohra, has filed its draft red herring prospectus…

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India Introduces Producer Price Index, Plans to Phase Out Wholesale Inflation Gauge in Five Years

India has officially launched its Producer Price Index (PPI) data for goods and services, marking a significant shift from the…

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Middle East Crisis Eases: What’s Next for Normalcy in the Strait of Hormuz?

The United States and Iran have reached a tentative agreement to end the ongoing conflict in the Middle East, which…

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