Govt Extends Special Relief for SEZ Units Until March 2025
The Indian government has extended a special one-time relief measure for SEZ units, requiring production commencement by March 31, 2025, as per a recent revenue department notification.
Category : Business
Oracle's 30,000 Layoffs: Severance Requires DocuSign Signature
Oracle initiates its largest-ever layoffs, potentially cutting 30,000 jobs globally. Severance pay is conditional on signing termination documents via DocuSign, with no healthcare benefits included.
Govt Caps ATF Hike for Domestic Airlines Amid Fuel Shock
The Indian government has announced a partial and staggered increase in Aviation Turbine Fuel (ATF) prices for domestic airlines to mitigate the impact of global fuel shocks. This move aims to balance airline operational costs with consumer affordability.
Govt Caps ATF Hike for Domestic Airlines Amid Global Surge
The Indian government has imposed a cap on the price increase of Aviation Turbine Fuel for domestic airlines to mitigate the impact of global price surges, ensuring stability in the aviation sector.
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Aviation Stocks Soar, IndiGo Jumps Over 9% in Early Trade
Aviation stocks witnessed a significant rally in early trade on Monday, with IndiGo leading the surge by jumping over 9%. Other major players like SpiceJet and Air India also posted strong gains amid positive market sentiment.
West Asia Crisis May Push Up Realty Construction Costs by 5%
The ongoing West Asia crisis is expected to raise real estate construction costs by approximately 5% in the near term. Cement prices have remained relatively stable with minimal movement, but demand pressure is increasing, as evidenced by a 10.7% growth i
Adani Ports Crosses 500 Million Tonnes Cargo Milestone
Adani Ports and Special Economic Zone Ltd has achieved a significant milestone by handling over 500 million tonnes of cargo, showcasing robust growth in India's logistics sector.
India Faces Mini LPG Shortage Due to Global Tensions
As US-Israel-Iran tensions affect West Asia, demand for mini LPG cylinders like Appu, Mini, and Chhotu surges, causing acute shortages in India, particularly in Maharashtra.
Affordable Housing Finance Redefined for Diverse Urban Incomes
Affordable housing finance is evolving to include diverse income patterns, making homeownership accessible. Sambhav Home Loans offer flexible eligibility for unorganised sector workers.
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Maharashtra Freezes Ready Reckoner Rates to Boost Real Estate
Maharashtra government announces no increase in ready reckoner rates for 2025-26, aiming to support construction sector amid global economic challenges and maintain housing affordability.
US Lists India's Satellite, Internet Policies as Trade Barriers
The US 2026 National Trade Estimate Report criticizes India's preference for domestic satellites in DTH services and localized internet shutdowns as trade barriers, citing increased takedown requests for US firms.
IKS Health Acquihires AI Firm ThinkDTM
IKS Health, a US-based healthcare services provider, has announced the acquihire of ThinkDTM, an AI-led company, to enhance its technology offerings and expand its global footprint in the healthcare sector.
Auto Sector Growth Strong Despite Export Headwinds: Nuvama
India's automotive industry is expected to achieve strong growth in the coming years, driven by domestic demand and government support, even as export challenges persist, according to a report by Nuvama.
Freudenberg Posts Strong Financial Figures, Emphasizes Stability
Freudenberg Group has announced impressive key financial results, showcasing resilience and a positive outlook for future viability in the global market.
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EaseMyTrip, NSDC, Sanatan AI to Boost Spiritual Economy
EaseMyTrip announces a strategic collaboration with NSDC and Sanatan AI to formalize India's spiritual economy through a national entrepreneurship initiative, aiming to create jobs and boost tourism.
US Report Flags India's High Import Duties, Trade Barriers
A US government report highlights India's elevated import tariffs and complex non-tariff barriers, posing challenges for American exporters and impacting bilateral trade relations.
Sambhav Home Loans Transform Affordable Housing in Urban India
Sambhav Home Loans from Bajaj Housing Finance are redefining affordable housing by catering to diverse income patterns, including the unorganized sector. This initiative supports homeownership through flexible eligibility and PMAY-U subsidies.
Rupee Could Hit 100 vs Dollar Amid US-Iran Conflict
Experts warn the Indian rupee may depreciate to 100 against the US dollar if the US-Iran conflict persists, driven by high oil prices and capital outflows. RBI interventions offer limited support.
India Caps Jet Fuel Price Hike at 25% for Domestic Airlines
The Indian government has intervened to limit aviation turbine fuel price increases to 25% for domestic carriers, citing Middle East tensions and Strait of Hormuz closure. This move prevents a potential 100% surge in fuel costs.
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Airfares to Rise with Jet Fuel Price Hike, Affecting Travel
Aviation officials warn that airfares are likely to increase significantly due to a steep rise in jet fuel prices, forcing airlines to adjust fares to cover higher operational expenses.
Jet Fuel Prices Double, But Domestic Airlines Unaffected
Jet fuel prices have surged by more than 100% globally, yet domestic airlines in India remain insulated due to government policies and strategic measures. Here's an in-depth look at the factors protecting the aviation sector.
Iran War Impact: LPG Prices Rise, Airfares Set To Surge
The Iran-US conflict is hitting India hard, with commercial LPG prices rising and airfares set to surge as jet fuel costs double. The ripple effects threaten inflation and household budgets.
Rupee Rises 15 Paise to 94.70 vs USD After RBI Rule
The Indian rupee appreciated by 15 paise to 94.70 against the US dollar in early trade on April 1, 2026. This movement follows the Reserve Bank of India's recent directive capping banks' Net Open Position in INR at USD 100 million, with compliance require
Oracle Lays Off 30,000 Employees, Shares Plunge 27%
Oracle announces massive layoffs affecting up to 30,000 employees globally, causing shares to tumble 27% amid AI competition and restructuring. The tech giant's job cuts follow similar moves by Meta and Amazon.
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Jet Fuel Prices: Big Hike for Charters, Relief for Airlines
Jet fuel prices in India rose 8.5% for scheduled airlines in April, sparing major airfare hikes. However, non-scheduled charters face over 100% increases, with ATF crossing Rs 2 lakh per kilolitre in key cities.
Sensex, Nifty Surge on West Asia Peace Hopes
Indian stock markets witnessed a significant rally in early trade, with the BSE Sensex and NSE Nifty surging sharply amid investor optimism over potential de-escalation in the West Asia conflict.
Singapore's Top 7 Tallest Buildings Shaping the Skyline
Explore Singapore's seven tallest skyscrapers, from Guoco Tower to Altez, that define the city's iconic skyline despite aviation height limits. These architectural marvels blend innovation with economic strength.
Fly91 Starts Hyderabad-Bengaluru Flight via Hubballi
Fly91 airline introduces a new flight connecting Hyderabad and Bengaluru with a layover in Hubballi, enhancing regional connectivity in Karnataka and offering more travel options for passengers.
West Asia Crisis Doubles Jet Fuel, Hikes Commercial LPG Prices
The ongoing conflict in West Asia has led to a more than doubling of jet fuel prices and a Rs 195.50 increase per 19 kg commercial LPG cylinder in India, impacting aviation and business sectors.
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APSEZ Hits 500M Tonnes Cargo, Targets 1B by 2030
Adani Ports and Special Economic Zone (APSEZ) has surpassed 500 million tonnes of cumulative cargo handling, setting a new benchmark in India's port sector. The company now targets reaching 1 billion tonnes by 2030, driven by strategic expansions and oper
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