Category: Business News & Economy

Hyderabad airport passenger fees will decrease starting September 1, 2026. The aviation regulator has slashed airport development charges for millions of travelers. Domestic departure fees will drop to ₹515 from the current ₹750. International departure fees will also fall from ₹1,500 to ₹1,030. Arriving passengers will pay reduced fees for both domestic and international travel.

The income tax appellate tribunal deleted a large tax disallowance for Reliance Jio Infocomm. It ruled that accounting treatment does not solely determine tax treatment of expenditure. The tribunal dismissed tax appeals concerning operational costs capitalized by the company. It found no new enduring asset was created by the disputed expenses. This decision upheld the…

The Delhi High Court has restrained FSSAI from cancelling ITC’s licence. This action follows a dispute over the “100%” claim on Aashirvaad Chakki Atta. The court sought a response from the health ministry regarding the advisory. ITC challenged the FSSAI advisory as arbitrary and beyond its powers. The next hearing is scheduled for September 9.

Three decades after liberalisation, private capital, PPPs and policy reforms have transformed India’s infrastructure landscape, powering connectivity, logistics and large-scale investment

ONGC Videsh will invest $200 million to revive Venezuela’s San Cristobal oilfield. The company secured a US license for continued operations and investments. This investment aims to significantly increase current production levels. The ultimate goal is to restore output to its previous peak. ONGC will fund PDVSA’s share and recover costs from future production.

India plans to add 100 vessels to its merchant fleet in five years, with reflagging, shipbuilding support and fiscal reforms aimed at strengthening the domestic shipping industry

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US sanctions four India-based firms over Iranian petroleum imports as Washington expands pressure on Tehran and warns entities doing business with Iran of retaliation

Delivering a keynote statement at the opening ceremony of the Small Island Developing States Global Business Network (SIDS GBN) Forum 2026, Muizzu outlined an economic modernization plan aimed at turning geographic constraints into digital and strategic advantages. With the global dialogue surrounding small island nations focused on their acute climate risk, geographical isolation, and structural…

Indian Inc. pulls back ₹94,500 crore in bond issuances as investor yield demands clash with issuers’ pricing, with NABARD, PFC, SIDBI and IOC among the biggest withdrawals