• 

  Vistara to stabilise flight operations, over 98 pc pilots signed new contract: CEO Vinod Kannan

  April 06, 2024 22:27 IST

  On Tuesday (April 2), the Directorate General of Civil Aviation asked Vistara Airlines to submit daily reports about flight operations and follow the Civil Aviation Regulations.

• 

  India-Singapore bilateral trade grew 18.2 per cent to USD 35.6 billion in FY 2022-23

  April 06, 2024 13:10 IST

  The cumulative FDI inflows from Singapore to India stood at USD 155.612 billion from April 2000 to December 2023, accounting for 23 per cent of the total FDI flows into India

• 

  Vistara's flight disruptions caused by stretched roster for pilots, normal ops likely by May: CEO

  April 05, 2024 19:50 IST

  Over the weekend of March 31 to April 1 period, Vistara had a number of disruptions. Earlier this week, aviation regulator DGCA asked the airline to submit a daily report on flight cancellations and delays.

• 

  India's foreign exchange reserves jump USD 2.95 billion to new all-time high of USD 645.58 billion

  April 05, 2024 18:02 IST

  Business news: According to the Reserve Bank of India, Gold reserves increased USD 673 million to USD 52.16 billion during the week. The Special Drawing Rights were down USD 73 million to USD 18.145 billion, the apex bank added.

• 

  RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time

  April 05, 2024 10:25 IST

  The Reserve Bank of India (RBI), led by Governor Shaktikanta Das, has announced the decision to maintain the Policy Repo Rate at 6.5%. This steady stance indicates a deliberate approach towards economic stability.

• 

  SEBI's security management systems, operations control get ISO certification

  April 04, 2024 22:29 IST

  Business news: International Organisation for Standardisation/ International Electrotechnical Commission 27001:2002 is an internationally recognised standard for information security management systems.

• 

  Sensex, Nifty end at fresh all-time high ahead of RBI monetary policy outcome

  April 04, 2024 17:14 IST

  The 30-share BSE Sensex jumped 350.81 points to settle at its lifetime high of 74,227.63. Meanwhile, the broader NSE Nifty also hit its fresh peak of 22,514.65, gaining 80 points.

• 

  Indian economy to grow at 7.5 per cent in 2024, projects World Bank

  April 03, 2024 12:20 IST

  Overall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka, the World Bank said in its latest South Asia Development Update.

• 

  Forbes Richest Indian List: Mukesh Ambani is number one, Adani at second spot | Check top 10 here

  April 03, 2024 14:02 IST

  The anticipation surrounding India’s upcoming assembly election, coupled with PM Modi’s potential third term, has ignited a stock market frenzy, resulting in a record-breaking 200 Indians making it onto Forbes’ 2024 list of the World’s Billionaires.

• 

  Adani Green Energy Ltd achieves milestone: Surpasses 10,000 MW renewable energy capacity

  April 03, 2024 10:41 IST

  Adani Green Energy Ltd (AGEL) has made history in India's renewable energy sector by exceeding 10,000 MW of renewable energy capacity. With the commissioning of 2,000 MW of solar capacity at the Khavda solar park in Gujarat, AGEL becomes the first firm in India to achieve this feat.

• 

  Vistara flight crisis: Here's why several pilots are on mass sick leave

  April 02, 2024 11:00 IST

  The full-service carrier has been grappling with the issue of first officers of its A320 fleet reporting sick in the last few weeks to protest against reduction in their emoluments due to new contracts, sources said.

• 

  Sensex, Nifty stabilise amid volatility; Aditya Birla Fashion soars 16%

  April 02, 2024 10:31 IST

  In the previous trading session on Monday, the BSE Sensex had recorded a notable increase of 363 points, closing at 74,014. Similarly, the NSE Nifty50 also ended positively, reaching 22,462, up by 135 points.

• 

  Government seeks detailed report from Vistara over flight cancellations, delays: Report

  April 02, 2024 10:14 IST

  A Vistara spokesperson said the airline had a significant number of flight cancellations and delays in the past few days due to various reasons, including crew unavailability.

• 

  Smallcap stock mulls up to 165% dividend payout to shareholders

  April 02, 2024 7:10 IST

  In an announcement to the Bombay Stock Exchange (BSE), the company revealed plans for its maiden dividend payment. The board is scheduled to convene on April 8 to deliberate on the proposal, which could see dividends ranging from 100% to 165% distributed to shareholders.

• 

  97.69 per cent of Rs 2000 currency notes returned, Rs 8,202 crore yet to come: RBI

  April 01, 2024 20:14 IST

  The Reserve Bank of India said the Rs 2,000 notes, that were in circulation till May 19, 2023, continue to be legal tender.

• 

  New toll rates on highways to come into effect after upcoming Lok Sabha elections

  April 01, 2024 18:58 IST

  The change in toll fee is part of an annual exercise to revise the rates that are linked to the changes in the wholesale price index based inflation. The annual revision of toll hikes was to come into effect on April 1 for most of tolled highways and expressways stretch across the country.

• 

  Gold hits all-time high as US data lifts expectations of Fed interest rate cut in June

  April 01, 2024 17:34 IST

  Indian gold futures also hit a record high on Monday and squeezed demand in the world's second-biggest consumer of the metal, said dealers. Gold prices across the world have been boosted due to growing rate-cut expectations, central bank purchases and geopolitical tensions.

• 

  GST collections rise 11.5 per cent year-on-year to Rs 1.78 lakh crore in March, second-highest ever

  April 01, 2024 16:33 IST

  The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and services. The highest-ever GST collection was recorded at Rs 1.87 lakh crore in April 2023.

• 

  PM Modi at RBI event pitches for studying newer banking structure to fund future needs

  April 01, 2024 14:23 IST

  PM Narendra Modi attended the inauguration event for the commemoration of 90 years of the RBI in Mumbai on Monday and pitched the idea for studying a newer banking structure to fund future needs of the country.

• 

  Finance Ministry clarifies: No changes in new tax regime, issues 6-point note

  April 01, 2024 11:07 IST

  In a statement, the ministry addressed confusion over the new tax regime, emphasising its lower rates but fewer exemptions and deductions. Finance Minister Nirmala Sitharaman's interim budget assured the preservation of existing tax rates.

• 

  LPG price cut ahead of elections: Oil marketing companies slash rates for 19-kg commercial

  April 01, 2024 10:23 IST

  Oil marketing companies have reduced prices for 19 kg commercial cylinders and 5 kg FTL (Free Trade LPG) cylinders, effective April 1, 2024, just before the Lok Sabha elections.

• 

  Income tax department cracks down on PAN fraud for false HRA claims

  April 01, 2024 9:23 IST

  The income tax department has uncovered a scam involving the fraudulent use of PANs to claim house rent allowance (HRA) without actual tenancy, with around 8,000–10,000 high-value cases identified.

• 

  Financial changes effective April 1: What you need to know

  April 01, 2024 7:10 IST

  Financial Changes Effective April 1, FY 2024-25As the financial year 2023-24 draws to a close, significant financial amendments are poised to reshape personal finance from April 1, marking the beginning of the new fiscal year.

• 

  New Tax regime rules to come into effect from today: Check deductions, rebates, changes in tax slab

  April 01, 2024 6:21 IST

  The rebate limit has also been increased under the new tax regime where for incomes up to ₹7 lakhs, the applicable rebate limit is now ₹25,000.

• 

  Zomato gets tax demand order of Rs 23.26 crore, online food delivery platform to appeal against it

  March 31, 2024 17:29 IST

  The online food delivery platform said it would appeal against the order before the appropriate authority. Zomato Ltd reported a net profit of Rs 138 crore in the third quarter ended December 31, 2023.

• 

  Bank Holidays in April 2024: Banks to remain shut on THESE days, check complete list

  March 30, 2024 19:39 IST

  The Reserve Bank of India shared the list of bank holidays for the upcoming month which includes Sundays, second and fourth Saturdays as well as a list of public holidays.

• 

  India's foreign exchange reserves rise by USD 140 million to hit fresh peak of USD 642.63 billion

  March 30, 2024 11:51 IST

  Business news: RBI said the gold reserves increased by USD 347 million to USD 51.487 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 57 million to USD 18.219 billion.

• 

  LIC to keep offices open on March 30, 31 to help taxpayers

  March 29, 2024 13:40 IST

  Business news: The RBI has said that all branches of the banks dealing with Government receipts and payments will remain open for transactions on March 30 and March 31 to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself.