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Domestic flight ticket prices showed some relief on Monday after the government imposed temporary caps, bringing a breather to passengers who were hit by unprecedented fare hikes, after IndiGo’s mass flight disruptions.Airfares had surged to never-seen-before levels on Friday when IndiGo cancelled more than 1,000 flights. A one-way one-stop economy-class SpiceJet Kolkata–Mumbai ticket for December…

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NEW DELHI: Exporters on Monday sought a moratorium on loan repayment for six months, along with higher credit limits and longer tenure, amid indications that govt and RBI are working on a package to help offset the impact of the West Asia conflict, which may take a toll on exports during March.During a meeting with…

Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…

File photo: Union finance minister Nirmala Sitharaman NEW DELHI: Tobacco Board, under the administrative control of the Department of Commerce, has written a letter to finance minister Nirmala Sitharaman highlighting the adverse impact of the unprecedented increase in excise duties on cigarettes on the industry, as well as on millions of farmers and workers.The excise…

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