Nation/Politics
India’s real GDP growth is expected to exceed 6.5% in FY2025–26, while real Gross Value Added (GVA) growth is likely to surpass 6.3%, according to a new outlook released by rating agency Icra on Tuesday.In its report, the agency cited rural demand, income tax relief, and lower EMIs as key factors that would support economic…
The Annual Pass is available only on the Rajmargyatra mobile application and NHAI website. FASTag-based annual pass for national highways: In a big relief for frequent travellers, Road Transport and Highways Minister Nitin Gadkari on Wednesday announced a new FASTag-based annual pass. The new FASTag annual pass will be available for Rs 3,000. It will…
Air India cancelled several international flights on Tuesday, causing disruption for travelers. The cancellations follow the tragic crash of Air India flight AI171, a Dreamliner bound for London, in which 241 out of 242 people on board were killed. In response, the airline has increased its operational inspections and technological checks.As of Tuesday, at least…
Ola claims that it is now India’s first ride-hailing service to completely remove commission charges. The fare for your next trip on an Ola will go entirely to the driver. Ola has announced nationwide implementation of a zero percent commission structure, enabling drivers across its auto, bike, and cab services to keep their entire fare…
The FASTag-based Annual Pass will facilitate efficient and economical travel on National Highways across India. FASTag-based Annual Pass announced! Road Transport and Highway Minister Nitin Gadkari on Wednesday announced the rollout of FasTag-based annual pass for users. The FASTag-based Annual Pass will cost users Rs 3,000, and will be effective from August 15, 2025. This…
For India, a primary concern revolves around the process by which the US will reduce duties. (AI image) India-US trade deal: With the Narendra Modi government and Donald Trump administration working to seal the first phase of the bilateral trade agreement at the earliest, India wants assurance that no further tariffs will be imposed.On April…
The revised locker agreement now includes provisions allowing customers to seek legal remedies if banks fail to safeguard their locker contents. (AI image) Have you signed the updated locker agreement with your bank? If not, you are at the risk of losing your locker. Customers who have bank lockers face the risk of losing access…
24 Karat gold price could remain subdued in the near term amid lack of fresh demand cues in global markets. (AI image) Gold price prediction today: Gold rates have been in focus for the last few days due to increased safe haven demand amidst the escalating Iran-Israel conflict. All eyes this week will be on…
Pharma scrips fall on Trump tariff threat NEW DELHI: Pharma stocks fell up to 4% on Tuesday after US President Donald Trump said there could be potential tariffs on the sector soon. Granules India and Lupin were top losers, dropping nearly 4% each. Laurus Labs and Aurobindo followed, plunging 3% each, while Natco fell by…
CHENNAI: Coins are going for a toss, literally. Thanks to a substantial jump in UPI transactions, the value and volume of coins in circulation is witnessing a dip YoY.An analysis by TOI based on data in RBI’s annual reports over the past one decade reveals that the volume of coins in circulation increased by just…
Railways Minister Ashwini Vaishnaw on Tuesday inaugurated India’s largest Gati Shakti Multi-Modal Cargo Terminal for automobiles at Maruti Suzuki’s Manesar plant, calling it a key step in boosting logistics efficiency for the sector.The new terminal, connected to Patli railway station via a 10-km dedicated rail link, is part of the 121.7-km Haryana Orbital Rail Corridor…
NAGPUR: A Delhi-bound IndiGo flight with 157 passengers on board made an emergency landing in Nagpur Tuesday after receiving a bomb threat, reports Shishir Arya. The flight, which originated from Muscat, was on its way to Delhi after its scheduled stop in Kochi.After a thorough scanning at Nagpur, the threat was declared a hoax. Apart…
NEW DELHI: India’s thirst for oil will rise increase than any other country at a million barrels per day (bpd) over the next five years, making it the main driver of global demand growth, the International Energy Agency said in its forecast to 2030 released on Tuesday.India currently consumes under 5 million bpd, 85% of…
BENGALURU: MakeMyTrip has launched a two-part capital raise comprising a public equity offering and a private convertible note issuance, with the combined proceeds to be used for repurchasing a portion of its Class B shares from Trip.com Group, a travel agency headquartered in Shanghai, China.At MakeMyTrip’s last close of $100.88 apiece, the two transactions total…
The Competition Commission of India (CCI) on Tuesday approved logistics services provider Delhivery’s proposed acquisition of a 99.4% stake in Ecom Express for a cash consideration of up to Rs 1,407 crore.“The proposed combination comprises the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of…
The rupee weakened by 30 paise to close at 86.34 against the US dollar on Tuesday, pressured by a sharp rise in global crude oil prices and growing geopolitical uncertainty in the Middle East. A stronger greenback and muted domestic equity markets further weighed on the local unit.At the interbank foreign exchange market, the rupee…
