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Lalit Modi and Vijay Mallya (File photo) NEW DELHI: Former IPL chairman Lalit Modi on Monday issued an apology for his recent social media remarks after a video featuring him with fugitive businessman Vijay Mallya triggered a backlash.In a post on X, Lalit Modi said he never intended to offend anyone, particularly the Indian government,…
Akasa Air on Saturday announced that it will introduce a fuel surcharge ranging from Rs 199 to Rs 1,300 on domestic and international flight tickets booked from March 15, citing a sharp rise in aviation turbine fuel (ATF) prices amid escalating geopolitical tensions in the Middle East.In a post on X, the airline said the…
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NEW DELHI: As India prepares for the Union Budget for 2026–27, scheduled to be presented on February 1, it is worth noting that when the country’s budgetary journey began, in a vastly different India, still finding its feet after independence.India’s first Union Budget was presented on November 26, 1947, three months after the country attained…
NEW DELHI/AHMEDABAD: The Income Tax Department on Saturday urged taxpayers across the country to ignore emails that wrongly flagged “significant transactions” under its Advance Tax e Campaign for Assessment Year (AY) 2026 27. The advisory came after several individuals, including thousands in Gujarat, reported receiving notices that did not match their financial profiles. In a…
NEW DELHI: Supreme Court on Wednesday turned its critical gaze on its own functioning. On the growing trend of benches overturning orders of earlier ones within days or months of them being pronounced – such as on the menace of dog bites, retrospective environmental clearance, Bhushan Steel Ltd’s insolvency and the ban on fire crackers…
Air India Express will get its first line fit Boeing 737-8 MAX aircraft on Monday, December 29 in New Delhi. It’s the first brand-new plane made specifically for Air India since Tata Group took over from the government in 2022. The aircraft, registered as VT-RNT, pays tribute to Ratan Naval Tata with a special livery…
NEW DELHI: Indian exporters on Thursday flagged their concern over the charges being levied by shipping lines as well as gaps in the ECGC scheme announced by commerce department, while seeking measures to address concerns related to packaging material, which is in short supply. At a meeting on the West Asia crisis with commerce secretary…
Mirae Asset Consulting, an affiliate of South Korean multinational financial services company Mirae Asset Group, has agreed to acquire a controlling stake in local crypto exchange Korbit. The company plans to purchase 26.9 million shares of Korbit for 133.48 billion won (about $93 million), a transaction that would give it a 92.06% ownership interest in…
