Page 36 - Latest News

Months after IndiGo meltdown, CEO resigns; Bhatia to take interim role

IndiGo CEO Pieter Elbers resigns citing personal reasons three months after the airline's operational meltdown, with promoter and MD Rahul Bhatia set to lead as interim chief

Tariffs, West Asia crisis get under the skin of Kolkata's leather hub

Every crease and fold tells the story of the city's leather industry, stretched thin by tariffs, disrupted consignments, and a fragile global market

Akasa Air unveils long-term incentive plan to retain pilots amid hiring war

Akasa Air has launched a long-term incentive plan offering up to ₹25 lakh for captains to retain pilots amid rising competition in India's fast-growing aviation sector

E-way bill generation rose 18.8% in February to third-highest tally

An e-way bill is an electronically generated document mandated under the GST regime for the movement of goods valued at more than Rs 50,000

Govt seeks LS nod for additional expenditure of ₹2.81 trillion in FY26

Finance Ministry seeks Parliament approval for Rs 2.01 trillion net additional FY26 spending through the second supplementary demand for grants, with allocations for subsidies and reserve funds

SC to hear Centre's plea against HC order striking down IT rules

HC struck down the rules amended in 2023 to empower the central government to establish a Fact-Check Unit to identify "fake, false, or misleading" information regarding "govt business" on social media

Russia denies sharing US military asset data with Iran, says Witkoff

Witkoff said the denial came during ​a phone call that US President Donald Trump had with Russian President Vladimir ​Putin on Monday

West Asia conflict could disrupt India's trade, energy supplies: Assocham

ASSOCHAM warns that a prolonged West Asia conflict could disrupt global trade routes, push up oil prices and affect India's energy supplies, trade flows and supply chains

EU urges US to strictly enforce G7 price cap on Russian oil exports

G7 finance ministers said on Monday they were ready to release oil from strategic reserves ​to help lower prices, if necessary

Oil could hit $150/bbl, $200 possible on demand destruction: WoodMac

Oil prices could rise to $150 per barrel as a massive Gulf supply disruption forces demand destruction, with $200 possible if the conflict persists, says Wood Mackenzie

Iran bets on endurance, energy disruption to outlast US, Israel

The IRGC also played the decisive role in elevating Mojtaba Khamenei as supreme leader after Ayatollah Ali Khamenei was killed in the opening US-Israeli strikes

India secures additional LPG, LNG supplies from non-Hormuz routes

Indian refiners report 10 per cent increase in LPG production since government order

Rupee, bonds rebound as crude prices fall sharply, ease pressure

The rupee strengthened and bond yields eased as crude oil prices fell sharply from recent highs, improving market sentiment and boosting demand for government securities

Looking to help exporters on insurance front amid West Asia crisis: Goyal

Customs department has come out with norms for dealing with export cargo returning to Indian ports due to the closure of the Strait of Hormuz and disruptions in maritime routes

Lok Sabha takes up Opposition's resolution to remove Speaker Om Birla

Opposition accuses Speaker Om Birla of partisan conduct as Lok Sabha debates on resolution seeking his removal

Datanomics: Quick glance at India's history of no-confidence motions

Discussion on a no-confidence motion against Lok Sabha Speaker Om Birla began in the House, with historical data showing most such motions in India have targeted state governments

Export demand, margins of tile sector likely to take a hit in Q4 FY26

The tile industry could see drops in production and drastic margin compression, as energy costs, which are usually 20-25 per cent of net sales, could spike enormously

SAT upholds Sebi order against Sahara group firm in ₹14,106 crore OFCD case

In an order dated March 9, a three-member SAT bench ruled that the OFCDs issued by SICCL between 1998 and 2008 constituted a public offer, bringing them within Sebi's regulatory jurisdiction

Centre to leverage digital infra to optimise food, fertiliser subsidies

Government plans to use AgriStack and CBDC-based pilots to better target fertiliser and food subsidies, reduce leakages, and improve transparency in welfare delivery systems

I-T Dept asks brokers to remit excess STT collected from customers

Income Tax Department has asked brokers to deposit excess securities transaction tax collected from clients for FY24 and earlier years along with interest