Air India has given yet another timeline to complete its retrofit programme. The airline said the complete refit programme for its wide-body planes will now be completed in October 2028, over three years from today. Also Read | Air India to SUSPEND Delhi-Washington DC flights from September 1. Know why The airline also informed that…
New Delhi: India’s diamond polishing, shrimp, home textile, and carpet industries are likely to see their revenues hit harder by the United States’ latest tariff hike, making exports to America unviable for many Indian companies, Crisil Ratings said. The US has imposed a 25% tariff on Indian goods as a penalty for importing crude oil…
Ahead of the period considered auspicious for buying everything from appliances and cars to jewellery, such small and medium-sized businesses are front-loading investments in inventory and spending more on promotions than in the previous festival seasons. Much of this is aimed at stocking up for quick-commerce, one channel that has so far been immune to…
Companies like Instamart, Blinkit and Zepto that deliver grocery and other household essentials within minutes have expanded their network of dark stores – distribution centres set up in densely populated areas to fulfil online orders – in a bid to save costs and accelerate deliveries. A surge in these dark stores is surely speeding up…
Telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea have renewed their opposition to the department of telecommunications’ (DoT) latest move to reassess demand for direct spectrum allocation. The Cellular Operators Association of India (COAI), which represents private telecom service providers, maintains that allowing enterprises to directly obtain spectrum for private 5G networks is neither…
India’s banking regulator, the Reserve Bank of India (RBI) Governor Sanjay Malhotra, on Monday, 11 August 2025, said that the banks in India have the freedom to decide the minimum balance requirement for customers to maintain their savings deposit account, as its does not fall under the regulator’s domain, reported the news agency PTI. Malhotra…
ICICI Bank is facing heat after hiking its savings account minimum balance by 5 times, and this time veteran banker Uday Kotak’s son Jay Kotak has spoken up against the move. In a post on X without explicitly mentioning the ICICI Bank minimum balance hike, Jay Kotak said 90 per cent of Indians make less…
Union minister for fisheries Rajiv Ranjan Singh said the government is looking at the United Kingdom, the European Union, Japan, China, Korea, and West Asia to widen the reach for India’s seafood exports. “We have asked them (seafood exporters) to face the current challenge bravely. There are alternative markets available…,” Singh said during a press…
NEW DELHI: The Centre has rolled out a series of banking reforms in recent years aimed at tightening credit discipline, improving governance, and accelerating technology adoption across the financial sector, Minister of State for Finance Pankaj Chaudhary told Parliament on Monday. In a written reply to the Lok Sabha, Chaudhary said that both the Centre…
India’s second-largest private sector bank, ICICI Bank, has hiked its minimum balance requirement (MBR) to ₹50,000 per month for customers opening new savings bank accounts, effective from 1 August 2025. As per the latest announcement from the private lender, the bank has increased its minimum account balance requirement to ₹50,000 per month in the metro…