Tag: business latest news

The sharp market price rise for petrol is already resulting in losses on retail sales for fuel retailers. (AFP/Representational)
Posted in Business

India’s petrol pricing touches 50-month high; experts warn of further rise amid geopolitical tensions

India’s petrol pricing benchmark has risen to a 50-month high of $133.05 a barrel this month, putting state-run oil marketing companies (OMCs) under renewed pressure…

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The government doesn’t recognise cryptocurrency in the country and levies a 30% tax on its profits. (Unsplash/Representational)
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Centre opposes cryptocurrency regulation over investor risks

The Union finance ministry ruled out setting up any regulatory regime for cryptocurrency, arguing that this could lend legitimacy to the sector and create a…

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India and New Zealand had on April 27 signed the FTA to boost two-way commerce in goods and services and promote investments. (ANI)
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India-New Zealand trade deal passes in NZ parliament; 95% of exports to get tariff cuts

New Zealand’s Parliament on Wednesday approved legislation to implement its free trade agreement (FTA) with India, bringing the pact closer to taking effect. The bill…

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The split in Tata widened in February, when Noel opposed giving Chandrasekaran a third, five-year term, which was okayed by Tata Trusts just a few months earlier. (PTI)
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Tata Sons board meeting to discuss public listing, Chandrasekaran’s tenure today

The Tata Sons board will meet on Thursday with a clear split on the table— Noel Tata, representing majority shareholder Tata Trusts, against chairman N….

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The observations were made by Justice Alok Aradhe while hearing an appeal filed by Hari Dutta Sharma against an April 2025 order of the Allahabad High Court. (HT File Photo)
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Supreme Court bars lenders from forceful loan recovery

The Supreme Court on Wednesday said banks and finance companies cannot use strong-arm tactics to recover loans or treat a loan default as “a licence”…

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The decline is yet to fully reach consumers, with retail prices down only around 4% even as ex-mill rates have fallen more than 23%. (Unsplash/ Representational)
Posted in Business

Sugar prices see sharp drop at mill gates, decline yet to fully reach consumers

Sugar prices have fallen sharply at mill gates over the past two weeks, but the decline is yet to fully reach consumers, with retail prices…

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Union Minister for Electronics and Information Technology Ashwini Vaishnaw during the launch of Semicon 2.0 at Rail Bhawan, in New Delhi on Monday. (ANI)
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Centre cuts silicon fab support to 40% under Semicon 2.0

The government on Monday reduced the support for silicon fabs from 50% to 40% while notifying the Semicon 2.0 scheme, with Union minister for IT…

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The pilots’ body said the recent Gorakhpur incident where an IndiGo flight had a tailstrike event. (Reuters/Representational)
Posted in Business

Airline pilots body raises tail strikes on A321s with probe bureau

The Airline Pilots’ Association of India (ALPA India) has urged the Aircraft Accident Investigation Bureau (AAIB) to issue formal safety recommendations on tailstrike protection, simulator…

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