Month: May 2025

[ad_1] Air India declared on Tuesday the suspension of its two-way flight services connecting multiple destinations. (AI image) India-Pakistan tensions impact on air travel: Hours after resuming flights to airports in parts of northern India, airlines like Air India and IndiGo announced cancellations for May 13.On Monday, the Airports Authority of India (AAI) declared that

[ad_1] Market watchers will focus on crucial inflation data due Tuesday, including India’s CPI and the US Core CPI figures. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in early trade on Tuesday a day after an over 3.5% rally. While Nifty50 went below 24,750, BSE Sensex was

[ad_1] MUMBAI: In three companies – One97 Communications (Paytm), Aether Industries, and KFin Technologies – institutional shareholders and promoters are selling large chunks of their holdings to raise about Rs 3,900 crore, term sheets for the deals showed.In Paytm, Antfin (Netherlands) Holding, one of the early investors in the digital payments solutions pioneers in India,

[ad_1] NEW DELHI: Promising to end “price-gouging and profiteering” by Big Pharma, US President Donald Trump signed a sweeping executive order Monday, aiming to drastically slash prescription drug prices and bring them down in line with those paid by other developed nations.Trump aims to potentially cut drug prices by at least 59%, or even up

[ad_1] NEW DELHI: The US-China trade deal has increased the headache for Indian negotiators, who are once again headed to Washington DC to discuss the proposed bilateral trade deal.While signalling movement towards a deal between the world’s two largest trading nations, the 90-day truce, which will see them slash tariffs by 115 percentage points, opens

[ad_1] The Income-tax framework has undergone key changes as Income Tax Department has recently updated the capital gains taxation table, especially taxation on securities-related income earned by residents, non-residents, and foreign institutional investors The new tax regime now mandates higher capital gains tax rates on equity transactions and introduces revised thresholds for long-term capital gains

[ad_1] MUMBAI: A ceasefire between India and Pakistan lifted investor sentiment on Dalal Street on Monday, spurring the sensex and Nifty to their biggest single-day gain ever in terms of points. The day’s rally also made investors richer by Rs 16.2 lakh crore, marking the biggest one-day gain in market capitalisation.After an initial surge in

[ad_1] Tata Steel reported a more than two-fold increase in its consolidated net profit to Rs 1,200.88 crore for the March quarter, driven by higher volumes and reduced controllable costs, despite lower realisations.The company had posted a net profit of Rs 554.56 crore in the same period a year earlier, according to an exchange filing.