[ad_1] The Russian currency Ruble emerged as the top-performing major currency against the US dollar this year, surging 45% since January. This unexpected strength caught Russian officials off guard and poses challenges for the country’s war-affected economy. The currency is now trading around 78 per dollar, similar to levels before Russia’s Ukraine invasion, as reported…
[ad_1] There has been a massive surge in Russian alcohol exports to India in 2025. Shipments increased nearly four times, as compared to last year. Data from Russia’s Federal Centre for Agricultural Export Development, shows exports of spirits, mainly vodka, having reached 520 tonnes worth $900,000 in the first ten months of the year.According to…
[ad_1] Navi Mumbai International Airport (PTI) NEW DELHI: The greenfield Navi Mumbai International Airport (NMIA) became operational on Thursday, nearly three decades after it was conceived to ease congestion at Mumbai’s primary airport.An IndiGo Airbus A320 from Bengaluru made a landing at 8 am and was welcomed with a traditional water cannon salute, marking the…
[ad_1] NEW DELHI: Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources.The move positions Zepto to become one of the youngest startups to list on Indian stock…
[ad_1] NEW DELHI: Railways on Thursday announced a “rationalisation” of fares for passengers, effective for tickets booked on or after December 26. It aims to balance passenger affordability with the sustainability of railway operations.According to the Ministry of Railways press release, there will be no fare increase for suburban services and season tickets, covering both…
[ad_1] IndiGo, on Thursday, canceled 67 flights, with 63 due to expected bad weather and 4 for operational reasons. The cancellations affected several airports including Agartala, Chandigarh, Dehradun, Varanasi, and Bengaluru. This comes while the airline is already under DGCA monitoring following massive flight disruptions earlier this month.The winter fog season, as announced by DGCA,…
[ad_1] NEW DELHI: India would soon establish itself in the semiconductor industry by starting exports, even though it’s entry was late, said Union home minister Amit Shah.“We have made a strong entry into the semiconductor industry, although a bit late. In no time, we will not only become self-reliant in the semiconductor sector, but will…
[ad_1] Many Indians looking to transfer money overseas are facing tightened scrutiny from high street banks, demanding to provide detailed proof behind the origin of the funds. This comes as rupee continues to slide against the US dollar and many rush to move their funds abroad. Over the past month, at least two Mumbai-headquartered private…
[ad_1] The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.The report highlighted that improving industry fundamentals…
[ad_1] India’s premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.As per Magicbricks, India the country’s luxury housing market is projected to grow at a compounded annual growth rate (CAGR) of 35 per cent, expanding…