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Ukraine drone attack forces flight suspensions at many Russian airports

Russia's aviation watchdog Rosaviatsia said that it was suspending flights from the airports of Astrakhan as well as from four others, in Kazan, Nizhnekamsk, Saratov and Ulyanovsk to ensure air safety

Rupee strained by Trump tariffs; bonds await RBI's policy decision

There was little impact on the rupee from India's federal budget on Saturday. Indian shares, which were open for a special trading session, closed lower

Asian stocks slump, dollar soars as Trump tariffs trigger trade war

Trump slapped Canada and Mexico with duties of 25 per cent and China with a 10 per cent levy at the weekend, as he had threatened last month, calling the measures necessary

Volkswagen sues India to quash 'enormous' $1.4 billion tax demand

Volkswagen's unit, Skoda Auto Volkswagen India, also told the High Court in Mumbai tax dispute puts at risk its investments of $1.5 billion in India, and is detrimental to foreign investment climate

Ambani's Reliance Retail brings Shein back to India after 2020 app ban

Shein India Fast Fashion app represents a departure from Reliance's strategy of adding brands to its flagship fashion app Ajio - whose offering includes Superdry and Gap

India reviewing crypto stance amid shifting global regulatory landscape

India's Financial Intelligence Unit (FIU) issued show-cause notices to nine offshore cryptocurrency exchanges in December 2023 for non-compliance with local rules

Trump fires consumer bureau director Rohit Chopra in major policy shift

Chopra's dismissal ends a term at the Consumer Financial Protection Bureau during which he spent years sparring with the financial sector under former President Joe Biden

Here's how income tax rate tweaks will boost middle class spending

India's economic growth is expected to slow to a four-year low this fiscal year due to weak demand, particularly in urban areas where the cost of living has soared

Winners, losers across sectors from Union Budget: Stock market reactions

The Indian government said people earning up to 1.28 million rupees ($14,791.53) per year will not have to pay any taxes, raising its threshold from 700,000 rupees

Buget 2025: Govt proposes to open up nuclear sector ahead of PM's US visit

Strict liabilities under India's Civil Liability for Nuclear Damage Act, 2010, have hampered implementation of the India-US nuclear deal that envisaged participation of US power plant makers

Infra stocks fall on 'modest' capital spending hike in Budget 2025

Infrastructure index reversed gains following the budget presentation, and was last down 1.1 per cent. L&T's shares fell nearly 5 per cent, marking their sharpest one-day fall in more than 3 months

'Tax cuts to boost consumption', say top executives across sectors

The government's plan is estimated to help around 25-30 million personal tax payers save about 100,000 rupees annually, according to Kamal Bali, managing director of Volvo Group India

Govt to provide $647 mn to support strategic reserve oil purchases in FY26

The budget proposals also include an allocation of about Rs 180 crore for operation and maintenance of the SPRs and about Rs 335 crore for purchase of land and construction of new caverns

Modi turns to India's middle class to revive growth in rough global year

The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000

Punjab National Bank eyes $1.96 billion bad loan recovery in FY25, says CEO

PNB's asset quality has improved over the last two years, after a debilitating corporate bad loan cycle between 2011 and 2019

Trump's Pentagon says it will 'rotate' out some media from offices

Each year going forward, one outlet from print, online, television and radio will rotate out of the Pentagon to allow a new outlet from the same medium that has not had unique opportunity to report

US limits helicopter flights after Washington DC crash, 'black boxes' found

Investigators were able on Friday to recover the helicopter's black box, which captures flight data and voices in the cockpit

Trump, Nvidia CEO discuss DeepSeek, AI chip exports during meeting at WH

Trump did not provide details of the meeting but called Huang a gentleman

Most US govt websites online and accessible despite reported pause plan

Trump has moved quickly to quash federal diversity initiatives since taking office on Jan. 20

Trump moves to cancel recent union agreements with federal workers

Trump embarks on a massive makeover of the US government, firing and sidelining hundreds of civil servants