New flight ticket refund & cancellation fee rules effective today: How will passengers benefit? Explained

Aviation experts are of the view that the new rules address a bulk of complaints from passengers. (AI image) Booked an air ticket but had to cancel it? Effective today,…

UAE car insurance explained: Third-party vs comprehensive, which is right for you and does it cover flood damage

UAE Car Insurance: Third-Party or Comprehensive? The Decision That Could Cost You Thousands As car ownership continues to rise across the UAE along with repair costs, extreme weather risks and…

UDAN 2.0 scheme: How will it benefit consumers? Check key features of the aviation initiative

Imagine boarding a flight from a small city airport that barely existed a few years ago, that’s the kind of connectivity India is now aiming to expand. The Centre has…

Strait Of Hormuz Toll System: Toll system in Strait of Hormuz? Iran drafts bill to charge ships for safe passage amid war

The Middle East war has pushed global oil markets deeper into crisis, as Iran’s tightening grip over the Strait of Hormuz continues to squeeze energy supplies worldwide. These tensions could…

How Iran’s hit on Qatar LNG will impact global supply to buyers like India, Pakistan; China largely secure

Around 80% of Qatar’s LNG exports are directed to Asia, but higher prices are forcing India to look for alternative supplies. (AI image) The US-Iran war has had far reaching…

‘Friendly nations’ only: Iran allows India, Pakistan, 3 other countries to use Strait of Hormuz amid war

Strait of Hormuz (AP photo) Iran on Thursday said that, despite ongoing military escalation in the Middle East, it has allowed transit through the Strait of Hormuz for “friendly nations,”…

Strait of Hormuz disruptions: India buys first LPG cargo from Iran in years; tanker was initially bound for China

India has faced significant disruption to energy supplies routed through the Strait of Hormuz. (AI image) For the first time in several years, India has reportedly purchased liquified petroleum gas…

Banks tap costly funds as credit outpaces deposits

MUMBAI: With credit growth at 14.5% outpacing deposit growth at 11.9% as of Feb 28, banks have stepped up reliance on certificates of deposit, with their share rising to 2.6%…

Government retains 4% inflation target for RBI panel

NEW DELHI: After extensive consultation, govt has decided to retain the retail inflation target for the monetary policy committee at 4%. For the next five years, the tolerance band of…

US, EU seek WTO reform as meet starts

NEW DELHI: World Trade Organisation‘s ministerial meeting will kick off in Cameroon on Thursday, with reform of the 30-year-old multilateral body on top of the agenda of the US and…