Air India Cuts International Flights as Fuel Costs and Geopolitical Tensions Bite
Air India has announced cancellation of over 100 international flights per week and reduced operations on several routes from June to August due to high fuel prices, restricted airspaces, and the weakening rupee. Passengers on affected routes including Male, Chicago, and Shanghai are being offered rebooking, date changes, or full
External Commercial Borrowings by Indian Firms Drop Sharply in March Amid West Asia Tensions
Indian companies proposed just $5.43 billion in external commercial borrowings (ECB) in March 2026, nearly half of the $11.04 billion recorded in March 2025, as global uncertainty and rising borrowing costs prompted firms to exercise caution, according to RBI data
India, UAE Sign Landmark 30-Million Barrel Strategic Oil Deal; Abu Dhabi Pledges $5 Billion Investment Pipeline
India and the UAE have finalized a landmark agreement to expand the Gulf nation's strategic crude oil storage in India to 30 million barrels alongside a $5 billion investment pipeline. The developments were cemented during Prime Minister Narendra Modi’s high-profile visit to Abu Dhabi amid escalating security concerns in West
CBI Arrests 5 in NEET UG Paper Leak Case, Intensifies Nationwide Search Operations
The central agency detained three suspects in Jaipur, one in Gurugram, and one in Nashik while seizing digital devices for forensic analysis to trace the paper circulation network.
Kharif Crops MSP Hike 2026: Farmers Get Major Price Boost as Cabinet Approves New Rates
The Central Government has approved a significant increase in Minimum Support Prices for 14 Kharif crops for the 2026-27 season, with sunflower seeds and cotton witnessing the highest jumps to ensure better returns for farmers
West Asia Crisis News: Indian Economy Faces Major Balance of Payments Test
The escalating West Asia crisis has triggered a "real stress test" for India's balance of payments, directly impacting inflation and the rupee, as oil marketing companies face losses of ₹1,000 crore daily.
Gold Import Duty Hike: India Raises Tax to 15% Amid Rupee Crisis
The Union Government has sharply increased the import duty on gold and silver to 15% to curb rising trade deficits and stabilize the rupee, following a record low against the US dollar.
Crude Oil Prices Jump as US-Iran Conflict Cost Hits $29 Billion Mark
Global oil markets remain volatile as the Pentagon reveals surging military expenditures and Iran’s oil exports face a 28-day standstill amid an ongoing naval blockade in the strategic Strait of Hormuz.
Petrol Diesel Price Today: Crude oil spikes to $104 as rates fluctuate
Amid rising global tensions and Brent crude crossing the $104 mark, Indian oil companies have released the latest fuel rates for Delhi, Mumbai, Noida, and other major cities as PM Modi appeals for fuel conservation.
Air India Staff Terminations Cross 1,000 as CEO Warns of Tough Year Ahead
Air India CEO Campbell Wilson said the airline terminated over 1,000 employees in three years for ethical breaches and misuse of internal travel benefits amid mounting financial pressure.
