In spite of recent tariff changes and a temporary slowdown in discussions, India and the United States are committed to advancing and finalising an interim trade agreement aimed at opening markets and reducing trade barriers, as highlighted in a recent
The Income Tax Department provides clarity on GAAR applicability, confirming that income from investments made before April 1, 2017, will not be subject to the anti-avoidance rules, offering relief to investors and simplifying tax regulations. Illustration: Dominic Xavier/Rediff Key Points
India’s passenger vehicle market reached unprecedented heights in FY26, with sales soaring to a record 4.7 million units, fueled by GST 2.0 and robust performances from leading automakers. Photograph: Petr Josek/Reuters Key Points India’s passenger vehicle sales hit a record
Fueled by festivals and the financial year’s end, Unified Payments Interface (UPI) transactions in India soared to a record high in March, showcasing the platform’s dominance in the digital payments landscape. IMAGE: Illustration: Dominic Xavier/Rediff.com Key Points UPI transactions in
Q4 Updates LIVE: Apart from auto companies, PSU stocks such as Hindustan Aeronautics (HAL), Indian Renewable Energy Development Agency (IREDA), HUDCO, Mishra Dhatu Nigam (MIDHANI), Adani Ports, among others, that have already disclosed their updates for the quarter and for
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Civil Aviation Minister K Rammohan Naidu has announced a pragmatic, staggered increase in jet fuel prices for domestic airlines, a move designed to shield passengers from potentially steep fare hikes amidst rising global energy costs and West Asia airspace curbs.
IndiGo, India’s largest airline, has appointed William Walsh, the former British Airways chief, as its new CEO, signalling a new era of growth and transformation for the company. Key Points IndiGo appoints William Walsh, former British Airways CEO and current
Oracle is reportedly undergoing mass layoffs in India, impacting approximately 12,000 employees as the IT giant restructures its operations. Illustration: Dado Ruvic/Reuters Key Points Oracle has reportedly laid off approximately 12,000 employees in India as part of a global restructuring
A new report warns that the ongoing Middle East conflict could significantly erode India’s GDP growth and increase inflation, highlighting the nation’s vulnerability to global oil market disruptions. Photograph: Bhawika Chhabra/Reuters Key Points Prolonged Middle East conflict could reduce India’s
