Air India bids adieu to 747 boeing

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Once termed as the queen of the skies, the first of the last four of Air India’s Boeing 747 flew out of Mumbai’s international airport on Monday for the final time. The pilots flying the aircraft performed a “Wing Wave” — an aviation tradition reserved for retiring or concluding flights. Also read:Investment boom in Indian … Read more

E-WAY Bill generation reached all-time high at 10.35 crore in March, April collection likely to be benefitted

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Fiscal year-end closing coupled with better compliance and improved consumption pushed e-WAY bill generation to an all time high of 10.35 crore in March, data collected by GST Network (GSTN) showed. This could have some impact on GST collection in April for which data will be out on May 1. Also read:E-way bill generation in … Read more

India building up gold reserves, says Das

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Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as part of its forex deployment. Also read:RBI’s forex reserves build-up leads to a huge $64.182 billion accretion in FY24 so far “We are building up gold reserves that is a part of our reserve deployment,” Das told reporters at … Read more

For all our global customers, India is an indispensable market: DDB Mudra COO Glen Lomas

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Glen Lomas, Global President and Chief Operating Officer at DDB Mudra believes that India is one of the top ten markets for the creative agency. In a sit down interview with businessline, Lomas discussed a range of topics including their upcoming political ad campaign for the Congress, impact of AI on creating ad concepts and … Read more

48% of “entitled” MPLAD funds in Gujarat remained unutilised between 2019-24, says ADR

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About 48 per cent of the total ₹442 crore that were to be spent as MPLAD funds in Gujarat between 2019 and 2024, remained “unutilised”, stated Association for Democratic Reforms (ADR).  Also read:Gujarat Pollution Control Board imposes ₹10-lakh environment damage compensation on Asian Paints “The Member of Parliament Local Area Development (MPLAD) Scheme was started … Read more

India-Australia CECA negotiations making progress despite looming Indian elections

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Undeterred by the forthcoming Lok Sabha elections, India and Australia are continuing with the negotiations for the proposed Comprehensive Economic Cooperation Agreement (CECA), at least this month, to build on the gains already made and make conclusion easier once the new government is in place, sources have said. Also read:NMDC to ramp up gold mining … Read more

Over one crore households registered for Surya Ghar Yojana: PM Modi

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Prime Minister Narendra Modi on Saturday said that more than one crore households have registered for the PM Surya Ghar Yojana, which aims to provide free solar power to low income families. Also read: Strong merit in growing household credit: BoB report “Outstanding news! In about a month since it was launched, over one crore … Read more

Govt may allow export of Kalanamak rice, but curbs on other non-basmati to stay

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Kalanamak, a premium non-basmati rice variety grown in Uttar Pradesh, may be the first one to get an exemption from export ban. However, the move may lead to a slew of demand from across the country where premium rice varieties are grown. An inter-ministerial panel is reported to have approved the proposal of the Food … Read more

Retail inflation dropped a tad to 4-month low of 5.09% in Feb

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Decline in energy prices negated a rise in vegetable prices resulting in retail inflation based on Consumer Price Index (CPI) remaining almost the same in February as compared to January, data released by National Statistical Office (NSO) on Tuesday showed. Also read: Retail inflation remains almost unchanged at 5.09% in February The retail inflation was … Read more