Government hikes jet fuel prices by 5% for international airlines

NEW DELHI: Government on Friday increased the price Aviation Turbine Fuel for international airlines by 5 per cent.This is the second straight monthly rise amid the global energy crisis.However, there…

Gross GST collections hit record high of Rs 2.43 lakh crore in April 2026 despite US-Iran war concerns

GST collections (AI image) GST collections: The gross Goods and Services Tax (GST) collections touched a new high in April, reflecting continued strength in economic activity even in the midst…

Air India Flights: Air India may cut 100 flights daily as jet fuel prices hit; flights on these routes to be affected

Air India currently operates about 1,100 daily flights. With Aviation Turbine Fuel (ATF) prices surging, Air India is set to reduce its operations by nearly 100 flights a day across…

Safe haven: RBI brings back another 104MT of gold

MUMBAI: The RBI brought a large quantity of gold back to India during Oct 2025-March 2026, even as the share of the yellow metal in forex reserves rose sharply with…

State-Run Banks: State-run banks hire over 50,000 in FY26, a rise of 33%

NEW DELHI: Public sector banks recruited 50,552 employees in the last financial year, 33% higher than 37,860 hired in the previous financial year, as they expanded their operations.In a statement,…

Tata Sons: Bombay high court sets aside 1,500 crore IGST demand against Tata Sons

MUMBAI: Bombay high court on Thursday quashed and set aside a show cause notice issued in 2022 to Tata Sons for a demand of Rs 1,524 crore as Integrated Goods…

Bank holidays in May 2026: On which days are banks closed? Check full state-wise list

May 2026 bank holidays: May 2026 brings a packed holiday calendar for banks, with several state-specific closures to affect branch operations across India. While banks will not shut nationwide on…

Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre

The windfall tax was introduced to ensure that adequate domestic supplies of petroleum products remain available. (AI image) The windfall tax on exports of diesel and aviation turbine fuel (ATF)…

Amazon’s quick-commerce monthly orders up 25%, scale gaps stay

BENGALURU: Amazon’s quick commerce push in India is gaining early traction, with orders on its Amazon Now service growing about 25% month on month, chief executive Andy Jassy said during…

StanChart to sell select credit cards biz to Federal Bank

MUMBAI: Federal Bank said it agreed to acquire a select credit card portfolio of around 4.5 lakh cards from Standard Chartered Bank, India, comprising customers with standalone card relationships. The…