Union Civil Aviation Minister Ram Mohan Naidu announced the revival of seaplane services in India, expected to commence by October on at least two routes. Simplified guidelines aim to encourage operations in areas like Andaman & Nicobar, Kerala, or Andhra Pradesh. The service, potentially extending to Odisha’s Chilika Lake, requires minimal water depth and landing […]

NBCC Ltd has secured a significant order worth approximately Rs 3,700 crore from the Rajasthan government for a 95-acre mixed-use project in Jaipur. Selected as the lead agency, NBCC will design, build, and market the project, featuring the Rajasthan Mandapam Convention Centre with a 7,500-seat capacity, a GCC Tower, IT Tower, luxury hotels, and commercial

Bharat Petroleum Corporation Ltd is considering a greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh to meet India’s rising energy demand. BPCL is also pursuing ‘Project Aspire’ to strengthen refining, marketing, and upstream operations while pushing aggressively into renewables, green hydrogen, biofuels, and natural gas. The company aims to achieve net

Amidst potential US tariffs, India asserts its improved relations with China are separate from US trade talks. Commerce Minister Piyush Goyal expresses confidence in India’s economic resilience and ongoing efforts to deepen the India-US relationship.

Delhi Metro fares have increased for the first time in years, impacting daily commuters. Effective Monday, fares are up by Rs 1 to Rs 4, with the minimum fare now Rs 11 and the highest Rs 64. Airport Express Line fares also see a rise. The DMRC calls the revision minimal but necessary to balance

Gold prices are poised for consolidation, yet a positive bias persists amid growing anticipation of a US Federal Reserve rate cut in September. Upcoming US macro data and Fed officials’ speeches will be crucial in shaping monetary policy and influencing gold’s trajectory. Geopolitical and trade developments, including Russia-Ukraine peace talks and tariffs, will also be

Fueled by bullish domestic equities, eight of the top-ten most valued firms in India saw a combined market valuation increase of over Rs 1.72 lakh crore last week. Reliance Industries emerged as the biggest gainer, while HDFC Bank and SBI experienced declines in market capitalization. Reliance Industries remains the most valued firm, followed by HDFC

India and China have made progress in reviving border trade, with Beijing agreeing to reopen the Shipki-La pass in Himachal Pradesh, suspended since 2020. External Affairs Minister S Jaishankar informed Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu that discussions are underway to restore trade through Shipki-La, Lipulekh, and Nathu La.

State-owned fuel retailers experienced significant profit surge in Q1 FY26, with a combined net profit of Rs 16,184 crore, driven by robust petrol and diesel marketing margins. BPCL led with a net profit of Rs 6,124 crore and a GRM of $4.88 per barrel. These gains offset inventory losses and unresolved LPG subsidy burdens.

CII’s comprehensive reform blueprint aims to accelerate India’s economic transformation through simplified GST, rationalized tariffs, and new employment policies. The report proposes over 250 actionable recommendations across 14 critical areas, including bringing petroleum and real estate under GST. These measures seek to boost growth, job creation, and sustainability, positioning India for global leadership.