NEW DELHI: Hyundai Motor India will increase prices across its vehicle lineup by up to Rs 12,800 from June 1. The company said the increase will vary depending on the model and variant. Hyundai said the hike was being implemented due to rising input costs, higher commodity prices and increased operational expenses. The company added … Read more
NEW DELHI: India is estimated to have produced a record 376 million tonnes (MT) of foodgrains in 2025-26 crop year, which is 5.3% higher than the 357 MT reported in the previous year, said agriculture ministry while releasing latest estimates of crop production on Wednesday.For 2026-27 crop year, ministry has been gearing up to minimise … Read more
NEW DELHI: Cabinet Wednesday approved the Rs 25,530 crore Sarthak Public Distribution System (PDS) scheme, aimed at modernising the country’s food distribution network, which currently supports nearly 80 crore beneficiaries.I&B minister Ashwini Vaishnaw said the initiative would provide assistance to state agencies for intra-state movement of food grains, while also modernising and strengthening PDS network … Read more
NEW DELHI: Air travellers should brace for higher domestic fares and fewer flights this summer.Air India, AI Express and IndiGo will together remove about 250 domestic flights per day from June to August as operating costs spiral on rising jet fuel prices and a weakening rupee amid slowing demand.Airlines say discretionary travel is among the … Read more
NEW DELHI: In a big setback to online gaming firms facing show-cause notices for GST evasion of around Rs 2.5 lakh crore (with penalty), Supreme Court Wednesday upheld levy of 28% tax on the full face value of online gaming bets and validated rules under CGST for determining valuation of taxable supplies for lotteries, betting, … Read more
New Delhi: Chairing a Pragati meeting on Wednesday, PM Narendra Modi told housing and urban affairs ministry officials to first identify 50 cities and achieve 100% cleanliness in them in all aspects, from making them garbage free to processing all their solid and liquid waste.TOI has learnt that Modi suggested that ministry and state govts … Read more
Investors will get a mid-week trading break as stock exchanges NSE and BSE will remain closed on Thursday, May 28, for Bakri Id.Trading across equity, equity derivatives and securities lending and borrowing (SLB) segments will remain suspended for the day, making this a shortened trading week for Dalal Street participants, reported ET. The holiday comes … Read more
Every crisis reminds us that markets can swing like a pendulum between greed and fear. (AI image) Sensex and Nifty are in deep red. Gold, the favourite safe haven asset for investors, is seeing huge volatility. The US-Iran conflict has hit investment portfolios of Indians who are now left wondering: where is their money safe? … Read more
Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from the ongoing Middle East crisis because of India’s heavy dependence on energy imports from the region, PTI reported.The ratings agency said sustained high oil … Read more
Wall Street hovered near record levels on Wednesday as falling crude oil prices eased inflation concerns and boosted investor sentiment, AP reported.The S&P 500 rose 0.1 per cent after closing at a record high in the previous session. The Dow Jones Industrial Average gained 171 points, or 0.3 per cent, while the Nasdaq Composite was … Read more