Civil aviation minister Ram Mohan Naidu Kinjarapu on Monday said the Centre aims to build 350 airports across India by 2047 as part of its vision for a ‘Viksit Bharat’, more than doubling the current tally of 162 airports, ANI reported.Speaking at the Eastern Region Ministers’ Conference on Civil Aviation, Kinjarapu said civil aviation was…
US President Donald Trump said on Monday that America will be getting “richer and richer” as he hailed a landmark deal with Intel, saying their stock prices are going up.He also expressed readiness to strike more such deals, as they would bring more jobs to the country.Trump also took aim at the “stupid” people opposing…
Sales growth of listed private non-financial companies slowed to 5.5 per cent in the first quarter of FY26, down from 6.9 per cent in the same period last year, according to data released by the Reserve Bank of India (RBI) on Monday. The figures were compiled from the quarterly financial results of 3,079 listed private…
Wall Street stocks slipped on Monday as investors turned cautious ahead of Nvidia’s earnings and fresh inflation data, with the pullback coming after a strong rally driven by expectations of potential interest rate cuts.The Dow Jones Industrial Average eased 0.1% to 45,577.09, while the S&P 500 shed 0.2% to 6,455.88. The Nasdaq Composite lost 0.4%…
Bharat Petroleum Corporation Ltd (BPCL) is exploring a greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh as part of its long-term capacity expansion strategy to meet rising energy demand in India.At the company’s annual shareholder meeting on Monday, chairman and managing director Sanjay Khanna said BPCL has begun pre-project activities for…
State-owned NBCC Ltd has secured a major order worth around Rs 3,700 crore from the Rajasthan government to develop and market a 95-acre mixed-use project in Jaipur.In a regulatory filing on Monday, the company said it has been selected as the lead agency to design, build and market the proposed project, which will include the…
Global travel tech company OYO is set to file its Draft Red Herring Prospectus (DRHP) in November, targeting a $7-8 billion IPO valuation (around Rs 70 per share), roughly 25–30 times EBITDA, according to a PTI report.OYO had previously held talks with bankers for a potential IPO in the March 2026 quarter, marking its third…
Living in Delhi? Metro rides will become a little costlier for you.The Delhi Metro Rail Corporation (DMRC) has revised passenger fares for the first time in years, with increases ranging from Rs 1 to Rs 4 depending on the distance travelled, while the Airport Express Line has also seen a hike of up to Rs…
A central feature of the upcoming changes is the rationalization of the multi-tiered rate structure into three slabs: 5%, 18%, and 40%. (AI image) By Saurabh Agarwal, Tax Partner, EY IndiaThe Prime Minister’s announcement on August 15, 2025, unveiling “next generation” GST reforms, signals a pivotal moment for India’s tax ecosystem. This transformative initiative, slated…
India’s economic prospects remain favourable compared to peers. (AI image) India’s credit rating has been affirmed at ‘BBB-’ with a stable outlook by ratings agency Fitch. The confidence in India’s growth story comes as a booster shot at a time when India faces 50% tariffs from the US for its exports.According to Fitch, India’s ratings…