Page 947 - Latest News

IndiGo moves Delhi High Court seeking ₹900 crore Customs duty refund

IndiGo has approached the Delhi High Court seeking a refund of over ₹900 crore paid as customs duty on aircraft engines and parts re-imported after repairs abroad, alleging double levy and illegality

EU to indefinitely freeze Russian assets, removing obstacle to Ukraine loan

The loan would be paid back by Ukraine only when Russia pays Kyiv war damages, making the loan effectively a grant that advances future Russian reparations payments

Larger HC Bench clears way for export of semaglutide generics by Dr Reddy's

Novo Nordisk's appeal was listed for hearing on Friday before a bench of Justice C Hari Shankar and Justice Om Prakash Shukla

Cabinet approves 100% FDI in insurance; Bill likely in Parliament on Monday

The source further said that this is likely to be tabled on Monday in the ongoing winter session of Parliament, which is slated to conclude on December 19

Tata Steel aims to cushion impact of higher iron ore costs after 2030

Tata Steel is boosting upstream options, expanding downstream capacity and improving efficiency to manage higher iron ore costs expected after its captive mines go up for auction in 2030

Auto industry logs best Nov sales; PV dispatches surge 19%: SIAM

Sector optimistic that 'supportive policy reforms' will continue, says group

India not part of US-led nine-nation semicon supply chain coalition

The US has launched Pax Silica, a nine-member coalition to secure the semiconductor supply chain from minerals to AI infrastructure. India, building its chip ecosystem, has been left out

DFS tightens grievance redressal oversight; banks, insurers face rankings

In a key reform introduced in June 2025, DFS began ranking public sector banks, private sector banks and public sector insurers on the basis of the quality and timeliness of grievance disposal

Elon Musk's Mars mission adds risk for investors to red-hot SpaceX IPO

Musk has always maintained that sending humans to Mars was his lifelong ambition

Datanomics: Auto components, telecom parts drive India exports to Mexico

The move is seen as a way to protect Mexico's domestic industry

House Democrats release photos of Trump, Clinton from Epstein's estate

The photos released Friday were separate from the case files that the Department of Justice is now compelled to release

SBI cuts peak deposit rate by 15 bps; cuts MCLR by 5 bps across tenors

SBI's Amrit Vrishti, which offered 6.6 per cent for 444 days, has been revised downward to 6.45 per cent

The 'delusional' optimist: Harshil Mathur on Razorpay's journey, challenges

Lunch with BS: Mathur takes Ajinkya Kawale and Shivani Shinde through the payment aggregator's journey, its challenges, his vision for it, and where his optimism comes from

US sanctions Maduro's nephews as pressure campaign against Venezuela grows

The new sanctions on Franqui Flores, Carlos Flores and Efrain Campo come a day after Trump announced that the US had seized an oil tanker off the coast of Venezuela

Asian stocks rise higher cautiously as tech sector rattled by Oracle

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 per cent, tracking mostly higher US markets on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell

Novo Nordisk challenges HC order permitting Dr Reddy's semaglutide exports

Novo Nordisk's appeal is listed for hearing on Friday before a bench of Justice C Hari Shankar and Justice Om Prakash Shukla

Disney invests $1 bn in OpenAI, to license characters for Sora video tool

As part of the licensing deal, Sora and ChatGPT Images will start generating videos using licensed Disney characters such as Mickey Mouse, Cinderella and Mufasa, from early next year

Wipro, Microsoft strike three-year deal to build industry-specific AI tools

Under the partnership, Wipro and Microsoft will jointly develop AI solutions for sectors such as financial services, retail, manufacturing, healthcare, life sciences and airports

IndiGo moves Delhi HC for ₹900 cr customs refund on repaired engines, parts

IndiGo has asked the Delhi High Court to direct customs authorities to refund over ₹900 crore it paid under protest on aircraft engines and parts re-imported after repairs

MGNREGA to see a name change, rise in guaranteed employment days

Cabinet clears Bill to rename MGNREGS as 'Poojya Bapu Grameen Rozgar Yojana' and raise guaranteed employment from 100 to 125 days