Centre weighs stronger safeguards for hub-and-spoke flight operations
Business Lineby Rohit Vaid·29d ago
The Centre is considering stronger procedural as well as technical safeguards for hub-and-spoke flight operations following the immigration lapse involving three Italian nationals who departed...
BRICS, and the future of cross-border payments
Business Lineby Movin Jain·29d ago
The idea that BRICS countries should be able to pay each other without routing every transaction through the US dollar is older than most people assume.
After ₹1.27-lakh-crore EV push, NITI Aayog asks States to rethink subsidies, focus on fleets
Business Lineby Amit Vijay Mohile·29d ago
The Centre’s apex public-policy think tank, NITI Aayog, has asked States to rethink how they spend electric-vehicle subsidies and concentrate resources on fully electrifying public-transport fleets...
Balancing act
Business Line·29d ago
While announcing the introduction of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions done at merchant outlets from October 15, the Centre has been mindful about not...
PM Surya Ghar holds 132 GW market potential: ISMA
Business Lineby Our Bureau·29d ago
The Indian Solar Manufacturers Association (ISMA) has projected India’s residential rooftop solar potential at 132 GW from the 17 GW installed currently.
UPI MDR may squeeze low-cost broking as fund transfers attract charge
Business Lineby Akshata Gorde·29d ago
The proposed 0.02 per cent merchant discount rate (MDR) on UPI transactions in the capital markets could create an unintended cost for stock brokers, as the charge may apply even when clients...
Tata Trusts may ask Tata Sons to seek clarity from RBI on listing mandate
Business Lineby BL Mumbai Bureau·29d ago
Tata Trusts may ask Tata Sons to seek clarity from the Reserve Bank of India (RBI) regarding its continued inclusion in the non-banking financial company (NBFC) Upper Layer list.
Coal Ministry to launch 16th round of commercial mine auctions on Thursday
Business Lineby Our Bureau·29d ago
The Coal Ministry will launch the 16th Round of commercial mine auctions on Thursday with the Minister of State Satish Chandra Dubey scheduled to launch the event.
Satin Finserv launches Sankalp climate initiative with ₹30 lakh-plus prize pool
Business Lineby BL Mumbai Bureau·29d ago
Satin Finserv has launched a national initiative aimed at identifying and supporting students and early-stage startups building solutions to some of the most pressing climate and environmental...
Russia sanctions Bill, Saudi pipeline closure push India’s crude oil import price to 5-month high
Business Lineby Rishi Ranjan Kala·29d ago
New Delhi, September 16 The impending threat of tariffs because of Lindsey Graham Bill coupled with closure of the East-West pipeline by Saudi Arabia pushed India’s crude oil import basket price to...
Samsung India expects double-digit growth in H2 fuelled by festive demand, premiumisation
Business Lineby Meenakshi Verma Ambwani·29d ago
Samsung India expects its home appliance business to garner double-digit growth in the second half of the year, driven by strong festival demand and expansion of the premium segment.
US tariff threat pushes Corporate India to diversify markets and cut costs
Business Lineby Amit Vijay Mohile; Mahesh Ravidas Nayak·29d ago
A fresh US threat of tariffs of up to 100 per cent on India over its purchases of Russian oil has raised the stakes for Corporate India’s search for new markets.
DGFT clears 642 UK cars for import under India-UK FTA quota
Business Lineby Amiti Sen·29d ago
The Directorate General of Foreign Trade (DGFT) has approved applications from seven companies to import 642 cars from the UK for the remainder of this year, under the tariff rate quota (TRQ)...
Exide Industries eyes Europe battery exports growth with Germany’s ExCom tie-up
Business Lineby Mithun Dasgupta·29d ago
Storage battery major Exide Industries is aiming to scale up its industrial battery exports to the European market from this fiscal year, backed by its exclusive arrangement with Germany-based...
AI creating ‘sea of sameness’ among IT companies, says report
Business Lineby Rohan Das·29d ago
IT service firms are finding it harder to differentiate their offerings as AI models become increasingly accessible and cheaper.
Renesas crosses 1,000 employees in India, expands footprint with Pune office
Business Lineby Sanjana B·29d ago
Renesas Electronics is expanding its India footprint, with the semiconductor major crossing 1,000 employees in the country and planning new operations in Pune as it looks to deepen its work in...
PM to inaugurate three-day Semicon India 2026 on Thursday
Business Lineby S Ronendra Singh·29d ago
Prime Minister Narendra Modi will inaugurate Semicon India 2026 on Thursday, the three-day conference and exhibition, being held between September 17 and 19, on the theme ‘Silicon to Systems...
SC says falsely quoting judges in online clips crosses over from contempt to crime
Business Lineby Krishnadas Rajagopal·29d ago
The Supreme Court clarified on Wednesday that while unauthorised distribution of live-streamed proceedings constitutes contempt, circulating clips featuring false insertions or misattributed...
Mirae Asset AIF settles SEBI case on investment concentration for ₹12.75 lakh
Business Lineby Our Bureau·29d ago
Capital market regulator SEBI has settled enforcement proceedings against Mirae Asset Venture Opportunity Trust AIF, its manager and six key managerial personnel after the fund exceeded the...
India weighs lower vegetable oil import taxes to curb food inflation
Business Lineby Reuters·29d ago
India, the world’s biggest vegetable oils importer, is considering lowering import taxes on the commodities to try to curb food inflation, two government and two industry sources said on Wednesday...
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