IndiGo faces over Rs 2.76 crore in customs fines, airline to contest orders
IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were ...
LIC Q4 profit soars 38% to Rs 19,013 crore; stake acquisition in health insurer to be decided in 2-3 months
Life Insurance Corporation of India announced a significant profit increase. The net profit rose by 38% in the fourth quarter. This is due to reduced ...
Rakesh Gangwal, family trust offload 5.72% stake in IndiGo worth Rs 11,564 crore
Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market ...
Remittances tax: How Donald Trump’s ‘The One Big Beautiful Bill’ may turn out to be ugly for Indians in the US
A proposed US bill, dubbed ‘The One Big Beautiful Bill,’ could impose a 3.5% remittance tax on money transfers from the US to India by ...
FDI slips in FY25 Q4 but annual inflows hit three-year high
India’s FDI inflows experienced a decline of 24.5% in the January-March quarter of 2024-25, totaling $9.34 billion. Despite this quarterly dip, the financial year saw ...
Nvidia shares rise ahead of earnings as investors eye impact of US chip curbs on China
Nvidia’s shares rose ahead of its earnings report, as investors closely monitor the impact of US export restrictions on its China business. These restrictions, particularly ...
Japan loses position as world’s largest creditor nation as Germany claims title after 34 years
In a historic shift, Germany has overtaken Japan as the world’s leading creditor nation after 34 years, despite Japan’s record ¥533.05 trillion in net external ...
India to lead 6G race while strengthening telecom safety and citizen connectivity, says Union minister Scindia
India is making significant strides in the telecom sector, aiming to lead in 6G innovation while ensuring universal and secure access to telecom services. The ...
India’s April industrial production growth likely slumped to 1.2% amid sectoral weakness
India’s industrial production is projected to have slowed to 1.2% in April 2025, a significant drop from the 5.2% growth in April 2024. This deceleration ...
BSNL posts Rs 280 crore Q4 profit, second straight quarter in green after 18 years
BSNL’s Back in Black: Can India’s Telecom Giant Really Rise Again? Okay, let’s be honest. When’s the last time you thought about BSNL and felt…optimistic? ...
