The Enforcement Directorate conducted raids in Jharkhand and West Bengal concerning a money laundering investigation related to fraudulent GST invoices. Searches spanned across nine locations in Ranchi, Jamshedpur, and Kolkata. The investigation focuses on Shiv Kumar Deora, Sumit Gupta, and…
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IndiGo has announced an extension of its waiver. This applies to change and cancellation fees for flights to and from Srinagar. The waiver is valid for travel until May 22, 2025. This is applicable for bookings made on or before…
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Today Cancelled Flights News: Due to airport closures across northern, western, and central India, commercial flight operations were suspended until Saturday, May 10th, leading to significant air traffic disruption. Indian carriers canceled 430 flights, while Pakistani airlines canceled over 147.…
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India could save up to ₹1.8 lakh crore on crude oil imports and ₹6,000 crore on LNG imports in FY2026 if global oil prices remain in the $60–70 per barrel range, according to ICRA. With over 85% of its crude…
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President Trump announced that the 145% tariffs on Chinese imports will remain in place as US and Chinese officials prepare for trade talks in Switzerland. He refuted claims that the US initiated the talks and stated the US is no…
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A Supreme Court ruling impacts past insolvency resolutions. Some deals, similar to the JSW-Bhushan Power case, face scrutiny. These resolutions involved deferred payments or quasi-equity instruments. Ruchi Soya, Jaypee Infratech, and others are under observation. Experts report increased inquiries post…
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