Aviation Sector Gains Momentum on Go First bankruptcy, IndiGo, SpiceJet Shares Fly
Aviation stocks rise with Interglobe Aviation (Indigo), Spicejet, Taal Enterprises, Jet Airways (India), and Global Vectra Helicorp all ranging from 2% to 6%.
Hindustan Zinc’s All-Cash Bid for Vedanta’s Assets Lapses – Sources
Hindustan Zinc Ltd.'s plan to acquire specific zinc assets from Vedanta Group for $2.98 billion in cash.
Tightening Monetary Policy: IMF Advises Asian Central Banks, Including RBI, to Stay Alert
IMF Urges Asian Central Banks, Including RBI, to Maintain Tight Monetary Policies
There’s a Rising Tide Of Interest For Business In India By Global Corporations
Until recently, many countries and companies “had put all their eggs in the China basket”, said Partha Sen, professor emeritus at the Delhi School of Economics, according to the article.
CEPA: Growth Engine For India-UAE Bilateral Trade Completes One Year
During the April-March period, Indian exports to the UAE increased from USD 28 bn to USD 31.3 bn; an increase of around USD 3.3 billion; or 11.8 per cent year-on-year growth in percentage terms.
Good News for EPFO Pension Scheme Applicants, Deadline Extended till June 26
EPFO provides relief, extends deadline for pension scheme application till June 26
Foodtech Giant Swiggy Pulls The Plug On Premium Grocery Delivery Pilot Program ‘Handpicked’
Prosus-backed Swiggy, the online food ordering and delivery platform has pulled the plug on Handpicked, its premium grocery delivery pilot program.
India Is Now Europe’s Largest Supplier Of Refined Fuels
It also means more competition for Europe's oil refiners which can't access cheap Russian crude. It comes amid wider market scrutiny about where the region's diesel imports are coming from.
03 May 2023: No Change Seen In Petrol And Diesel Prices, Check Rates Of Metro Cities
In the national capital, the petrol rates at Rs 96.72 per litre and diesel costs Rs 89.62 per litre
GST Collection Reaches an All-Time High Of Rs 1.87 Trillion In April
The previous biggest collection was Rs 1.68 trillion in April of last year, while the mop-up in March of this year was Rs 1.60 trillion.