Indian airlines are reducing their operations by approximately 10% in response to rising costs and uncertainty stemming from the ongoing Iran conflict. The Directorate General of Civil Aviation (DGCA) has released the summer schedule, which shows a reduction in the number of weekly domestic flights from 25,610 to 23,049. This cut affects several airlines, including Air India, IndiGo, SpiceJet, and Akasa Air. The primary reason for the flight reduction is the impact of the Middle Eas

In response to concerns over rising fuel prices amid global tensions, the Indian government has announced a significant reduction in excise duties on petrol and diesel. Starting Friday, the excise duty on petrol has been slashed to Rs 3 per litre, while the excise on diesel has been reduced to zero. This move comes after fears that the ongoing US-Israel conflict with Iran could lead to higher fuel prices, especially as global crude prices surged past $100 per barrel. Despite the dut

The LPG tanker Jag Vasant, carrying 47,600 metric tonnes of LPG, arrived at Gujarat's Vadinar port on Thursday after being stranded in the Strait of Hormuz for 23 days due to escalating tensions in the Middle East. The vessel’s delayed arrival brings much-needed relief amid concerns about potential LPG shortages in India. The ongoing geopolitical instability in the region has disrupted shipping routes, leaving several tankers stranded. This delivery, along with a second L

Indian stock markets opened in the negative on Friday, following a day’s break due to the Ram Navami holiday. The Sensex and Nifty both began trading in the red, reflecting concerns over global uncertainties, particularly related to the ongoing Iran conflict. Global markets have also shown signs of weakness, with major indices in the US and Asia recording declines. This uncertainty has weighed heavily on investor sentiment, contributing to the sluggish start on the Indian bourses.

Popular television personality Sreemukhi has taken her love for food to the next level by launching Fursat Restaurant in Madhapur, Hyderabad, along with her partners Sravan, Anand, and Ravi. The grand launch event, held at Capital Park, featured a refined dining concept that combines multi-cuisine offerings with a vibrant atmosphere. With a seating capacity of around 300, including banquet facilities, Fursat Restaurant aims to cater to a wide range of guests, from families to corporate groups

Starting April 1, India will implement the revised Income-tax Act, 2025, replacing the six-decade-old Income-tax Act of 1961. While tax rates and slabs remain unchanged, significant changes will affect how income, deductions, salary, capital gains, and disclosures are reported. The new law aims to simplify tax reporting, with stricter compliance requirements and a more precise reporting structure. A key change involves meal card exemptions for salaried employees. The exemption limit

Senior Congress leader Sonia Gandhi is responding positively to treatment for a systemic infection, according to Sir Ganga Ram Hospital in New Delhi. The 79-year-old leader was admitted to the hospital on the night of March 24 after experiencing a fever. The hospital confirmed that she is being treated with antibiotics and remains under the close supervision of a team of senior doctors. Her health has been stable since admission, and the medical team is carefully monitoring her recovery.

Iran has rejected the United States' proposal to end the ongoing war, insisting that it will decide the terms of cessation on its own. According to a senior Iranian official, the US offer was deemed "excessive," and Tehran is determined to continue its defense against US forces. The official emphasized that Iran would only end the conflict once its conditions are met, signaling its intent to keep up military actions until those terms are fulfilled. In a statement to the media, Iran

In a landmark move, Royal Challengers Bengaluru (RCB) has been acquired by a consortium led by the Aditya Birla Group (ABG) for a whopping Rs 16,700 crore (USD 1.78 billion). The acquisition has made RCB the most expensive IPL franchise to date. Along with ABG, other partners in the consortium include Blackstone’s BXPE, Bolt Ventures (owned by investor David Blitzer), and media giant Times of India. The transaction has sparked speculation about whether the iconic name "Royal Challengers Ben

India is accelerating the signing of contracts for crude oil and LPG imports, aiming to diversify its supply sources amidst disruptions caused by the ongoing conflict in the Middle East. The country's need for oil has been rising, with daily imports averaging 5.5 to 6 million barrels. After Russia's oil imports were reduced as part of an agreement with the U.S., India has been exploring new avenues to ensure stable oil supplies, including from Russia, despite the geopolitical tensions.

Iran has stated that the Strait of Hormuz, a key route for global oil transport, will remain open for select countries, including India, despite ongoing tensions in the Middle East. The strait is crucial for international trade,

The All India Anna Dravida Munnetra Kazhagam (AIADMK) has released its first list of 23 candidates for the upcoming Tamil Nadu Assembly elections, signaling an aggressive push for the polls. The list features prominent leaders, including party General Secretary Edappadi K Palaniswami, who will contest from his home constituency of Edappadi. The inclusion of seasoned leaders such as P Munusamy, Dindigul Srinivasan, and C Vijayabaskar demonstrates the party's focus on experienced leadership and

After four weeks of conflict, U.S. President Donald Trump expressed optimism over the possibility of peace talks with Iran, stating that recent discussions had been "very good and productive." However, Iran quickly dismissed Trump’s claims, with a military spokesperson declaring, "Do not call your defeat an agreement." The strong rebuttal from Tehran suggests any resolution is far from imminent and casts doubt on Trump's diplomatic efforts. While Trump has attempted to engage Iran

The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a

The Congress party has been directed by the government to vacate its long-standing office at 24, Akbar Road, Delhi, by Saturday. This property has served as the headquarters for the Congress for 48 years. In recent times, following the inauguration of its new headquarters, Indira Bhavan, at Kotla Marg, the party had not yet vacated the Akbar Road premises, continuing its activities there. The Indian Youth Congress office at 5, Raisina Road has also been asked to vacate. In