The Times of India - Business (23 minutes ago)
Indian aviation faces unprecedented turbulence due to a perfect storm of factors. From pandemic fallout and engine failures to airspace closures and a Middle East war driving fuel prices sky-high, airlines are struggling. Passengers face rising fares and cancelled routes as the sector grapples with deep financial distress and operational chaos.
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Gold import duty has been raised to 15%, a move expected to increase domestic prices and alter trade patterns. SBI Research reports that past duty hikes have widened the gap between international and domestic prices, potentially diverting supply to informal channels. Import values have risen while volumes have fallen, indicating price-driven import...
ReadThe Times of India - Business (6 hours ago)
The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry, sources said. Talks around reducing taxes for overseas investors have accelerated amid efforts to slow the rupee's decline, they added.
ReadThe Times of India - Business (7 hours ago)
India's wholesale inflation surged to 8.30% in April 2026, a significant jump from March's 3.88%. This spike is primarily attributed to soaring fuel, power, and crude oil prices, exacerbated by the West Asia crisis. Mineral oils, basic metals, and manufactured products also contributed to the rise, impacting various sectors.
ReadNDTV - Business (7 hours ago)
The Taiwan question looms particularly large this visit. Trump said ahead of the summit that he would speak to Xi about US arms sales to Taiwan — a departure from the historic US position that it will not consult Beijing on its support for the island.
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