The government has approved two new airlines after the IndiGo flight crisis brought aviation to a virtual standstill in India. Union Minister of Civil Aviation Kinjarapu Ram Mohan Naidu. (ANI) Al Hind Air and FlyExpress have received no objection certificates from the civil aviation ministry to start operations, Minister Kinjarapu Ram Mohan Naidu wrote on […]
Shares of Coal India Ltd. rose to the highest in seven months after decks were cleared for listing of two subsidiaries by FY27. Coal India is the world’s largest miner of the dry fossil fuel. (Reuters) On Wednesday, Coal India’s share price increased for the sixth straight trading session, rising as much as 3.00% to […]
Indian bonds rallied the most in four months on Wednesday after the central bank announced fresh measures to boost banking-system liquidity, including government bond purchases and a foreign-exchange swap. The liquidity infusion is expected to offset cash drain from the RBI’s dollar sales to support the rupee, Asia’s worst-performing currency this year. (Mint) The Reserve […]
By Dhwani Pandya FILE PHOTO: A construction worker looks on at a construction site by Goisu Realty, the Indian subsidiary of the Japanese company Sumitomo Realty & Development Company in Mumbai, India, November 26, 2025. REUTERS/Francis Mascarenhas/File Photo (REUTERS) MUMBAI, Dec 18 (Reuters) – Japan’s Sumitomo Realty and Development, the country’s third-largest developer, plans to […]
Maruti Suzuki WagonR has become only the third car to cross the production milestone of 35 lakh units, joining the likes of the Alto and Swift in a rarefied club. Maruti Suzuki WagonR hatchbacks at the company’s manufacturing plant of Maruti Suzuki in Manesar. (Reuters) Born as a Kei car in Japan in 1993 and […]
IBM India Private Limited has leased over 1.61 lakh sq ft of office space at Embassy Golflinks Business Park in Bengaluru for a monthly rent of about ₹2.4 crore, according to documents accessed by CRE Matrix. IBM India Private Limited has leased over 1.61 lakh sq ft of office space at Embassy Golflinks Business Park […]
IKEA, the Swedish home furnishings retailer, has announced its entry into Goa through online deliveries. Starting December 16, customers can shop from a range of over 6,400 products via the IKEA app, the IKEA.in website, or shop-by-phone assistance, the company said on December 15. IKEA, has announced its entry into Goa through online deliveries (Photo […]
India’s trade deficit has narrowed to a five-month low as gold imports fell and exports to the US picked up despite punitive tariffs. The decline in India’s trade deficit in November 2025 was attributed to lower gold, oil and coal imports and higher US exports—up 10% month-on-month at $6.92 billion. (Reuters) Exports rose to $38.13 […]
As the IndiGo flight status, or lack thereof, unravelled at India’s airports and share price went into tailspin, the civil aviation minister called for airlines in the world’s fastest growing aviation market. Passengers at the IndiGo counter after several flights were cancelled at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, on 5 December 2025. […]
Mexico’s decision to raise tariffs on India is set to impact $1 billion car exports from the world’s third largest car market, including those by Volkswagen Group AG and Hyundai Motor Co., despite the industry lobbying against such a move. Škoda Auto Volkswagen India Pvt. Ltd., a wholly owned subsidiary of Germany’s Volkswagen Group, accounts […]
