Average petrol prices in the United States have risen to four dollars per gallon, reflecting a significant increase that has been influenced by escalating tensions and flare-ups in the Middle East. This rise in prices comes at a time when
IndiGo has made a historic move by placing an order for over 1,000 engines, marking a substantial investment in its future fleet expansion. The engines will power 510 Airbus A320neo family aircraft, a key component of the airline’s growth strategy.
The government has officially communicated to Parliament that there are currently no plans to abolish the long-term capital gains tax on equities. This information comes as part of the ongoing discussions surrounding tax policies, which are subject to periodic revisions
The National Highways Authority of India (NHAI) has successfully prepaid loans exceeding ₹1.2 lakh crore, marking a significant reduction in its overall debt. This strategic move is part of NHAI’s asset monetization initiative, which has gained momentum over the past
SBI Funds Management IPO Listing Scheduled for Tomorrow The initial public offering (IPO) for SBI Funds Management is set to be listed on the stock exchanges tomorrow. This follows its successful subscription phase where the IPO garnered significant interest from
### Indias Forex Reserves Strengthened by RBIs Special Swap Scheme The Reserve Bank of India (RBI) has successfully mobilized approximately $20.72 billion through its special foreign exchange swap facility. This initiative, launched to enhance the liquidity in the forex market,
In October, a significant agreement was reached between former U.S. President Donald Trump and Chinese President Xi Jinping, which included Chinas assurance to sustain supplies of essential materials, notably rare-earth magnets. This commitment has become a pivotal aspect of efforts
The S&P 500 Index saw an increase of 0.6% in its latest trading session, marking a recovery following its first weekly decline in three weeks. This decline was only the third experienced by the index since late March 2023, highlighting
The Directorate General of Civil Aviation (DGCA) is in the process of creating a digital platform intended to accelerate the reporting of aviation incidents. This initiative is part of a broader effort to strengthen the oversight of aviation safety in
Industry experts have highlighted that Indias crude oil procurement strategy amid the ongoing US-Iran conflict demonstrates a flexible and well-diversified approach to sourcing. In July 2023, Indias imports of crude oil from Russia have averaged approximately 2.45 million barrels per
