Indian export shipments are cautiously resuming through the Red Sea corridor after months of disruption due to Houthi militant attacks. This vital route, crucial for trade with Europe and the US, saw vessels rerouted around Africa, incr ...more

The move, disclosed in a filing to the London Stock Exchange, aims to boost BAT’s financial flexibility as it continues deleveraging and expands its £1.1 billion share buyback programme. 

IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were duly paid. Meanwhile, promoter Rakesh Gangwal and the Chinkerpoo Fa ...more

Life Insurance Corporation of India announced a significant profit increase. The net profit rose by 38% in the fourth quarter. This is due to reduced management expenses. Renewal premiums increased, offsetting a slight dip in first-year ...more

Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market transactions. This sale, executed at ₹5,230.99-₹5,235.31 ...more

A proposed US bill, dubbed 'The One Big Beautiful Bill,' could impose a 3.5% remittance tax on money transfers from the US to India by 2026, impacting Indian immigrants, including H-1B visa holders and permanent residents. This legislat ...more

Discussions included opportunities from trade deals with the UK, the US, the EU

India's FDI inflows experienced a decline of 24.5% in the January-March quarter of 2024-25, totaling $9.34 billion. Despite this quarterly dip, the financial year saw a 13% surge, reaching $50 billion. Singapore emerged as the top inves ...more