Subramanian

India’s Merchandise Exports Hold Strong Amid Global Economic Uncertainty

India’s merchandise exports have remained robust despite ongoing global economic volatility, illustrating the country’s trade strength and diversification, according to government officials. The continued resilience of India’s export sector underscores its strategic position in the global market. India’s merchandise exports remain robust amid global economic volatility, showcasing trade diversification and resilience, says government officials. India’s…

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FM Sitharaman Signals Customs Duty Rationalisation and Simplification in Upcoming Budget

Finance Minister Nirmala Sitharaman has indicated upcoming reforms in customs duties aimed at simplification and rationalisation in the forthcoming Union Budget. These measures are intended to enhance ease of doing business and promote economic growth through streamlined customs processes. Finance Minister Nirmala Sitharaman announces customs duty simplification and rationalisation plans in the upcoming Union Budget…

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Centre Imposes Cap on Domestic Airfares Amid IndiGo Crisis

The Indian government has directed a cap on domestic airfares following a crisis involving IndiGo airlines. This regulatory intervention aims to stabilize prices and protect consumers amid rising ticket prices and operational disruptions. Indian government caps domestic airfares amid IndiGo crisis to stabilize prices and protect travelers from rising ticket costs and disruptions. In a…

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Volkswagen Cuts 2030 Capex to $186 Billion Amid China and US Market Challenges

Volkswagen has revised its capital expenditure plans for 2030, reducing investment from previous projections to $186 billion due to mounting challenges in China and the United States. The automaker cites increasing regulatory hurdles and market headwinds in key regions as factors influencing the recalibration. Volkswagen cuts 2030 capital expenditure to $186 billion amid challenges in…

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IndiGo Cancels Over 800 Flights on Day 5 Amid Network Disruptions Despite Claims of 95% Connectivity

IndiGo continues to face operational disruptions on its fifth consecutive day, with more than 800 flights cancelled despite the airline’s assertion that 95% of its network connectivity has been restored. The ongoing chaos has prompted government intervention including fare caps, refund orders, and a summons issued to IndiGo’s CEO. IndiGo cancels over 800 flights on…

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India’s Crude Oil Imports from Russia Near Four-Year Low Amid Trump-Era Sanctions

India’s crude oil imports from Russia are projected to fall to their lowest level in four years due to the ongoing impact of Trump-era sanctions. Market analysts examine how sustained these declines might be as India navigates geopolitical pressures and energy security concerns. India’s crude oil imports from Russia hit a four-year low amid Trump-era…

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Survey Finds 87% of IndiGo Flyers Support Class Action Under Consumer Protection Act

A recent survey reveals that 87% of IndiGo passengers back a class action lawsuit under the Consumer Protection Act following the airline’s service disruptions. The findings highlight widespread consumer dissatisfaction amid IndiGo’s ongoing operational issues. Survey shows 87% of IndiGo passengers support class action under Consumer Protection Act amid service disruptions and flight delays. A…

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