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Posted in Economy

Private sector capex estimated to fall 16.5 pc to Rs 9.55 lakh cr in FY27: Survey

New Delhi, Capital expenditure by the private sector on acquisition of new assets is estimated to decline by 16.5 per cent to Rs 9.55 lakh…

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Exports grow at estimated 20 pc CAGR between FY24- 26 due to RoDTEP scheme: Official

New Delhi: The country’s exports supported under the RoDTEP scheme are estimated to have grown at over 20 per cent CAGR between 2023-24 and 2025-26,…

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US seeks flexible pathway to include plurilateral pacts at WTO

New Delhi: With two days left for the 14th ministerial conference of the World Trade Organization (WTO), the US suggested the global trade watchdog to…

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'No case made out': Thane court grants bail to CoinDCX co-founders held for cheating
Posted in Startups

‘No case made out’: Thane court grants bail to CoinDCX co-founders held for cheating

A court in Thane district on Tuesday granted bail to two co-founders of cryptocurrency exchange CoinDCX, Sumit Gupta and Neeraj Khandelwal, arrested in an alleged…

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Government extends validity of TRQ license for gold imports under trade pact with UAE
Posted in Economy

Government extends validity of TRQ license for gold imports under trade pact with UAE

NEW DELHI: The government on Tuesday extended the validity of licences issued for gold import at quota-based duty concession under a free trade pact with…

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Zepto rolls out Pay Later facility
Posted in Startups

Zepto rolls out Pay Later facility

Quick commerce platform Zepto on Tuesday introduced a suite of new in-app features, including a ‘Pay Later’ facility and real-time images of fresh produce, as…

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RBI building more digital payments intelligence platforms to empower users: ED

Mumbai: The Reserve Bank is developing more digital public infrastructure and payments intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer…

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Goldman Sachs cuts India’s 2026 growth forecast to 5.9%

Goldman Sachs on Tuesday lowered India’s 2026 growth forecast to 5.9% compared to its pre-Iran war estimate of 7%, while predicting a 50 basis points…

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To mitigate the squeeze on margins, IndiGo began levying a fuel surcharge ranging from  ₹425 to  ₹2,300 on 14 March. (Reuters)
Posted in Business

IndiGo warns of demand hit as Iran war drives up flight ticket prices| Business News

IndiGo has warned that the Iran war, and the consequent surge in crude oil prices, is set to weigh on travel demand during the summer…

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India’s vegetable oil buyers step back, betting Iran war-driven rally will ease

Mumbai: Indian vegetable oil refineries are curtailing purchases of palm oil, soyoil and sunflower oil, betting that the Iran war-driven price rally will not last…

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