NEW DELHI: Terminal 2 of Delhi Airport will be shut for repairs on April 15 for about four months and Terminal 1 will finally start operating at 100% capacity. Airlines operating flights from this all-domestic terminal will shift to T1. These include IndiGo and Akasa among others.In a statement, IndiGo said ” effective April 15,…
China’s exports surged 12.4% in March compared to a year earlier, beating expectations as companies rushed to ship goods ahead of steep new US tariffs imposed by President Donald Trump, according to government data released Monday. Imports, meanwhile, dropped by 4.3% as global trade conditions remained volatile. In the first quarter of 2025, exports from…
Mehul Choksi (AP file photo) NEW DELHI: Punjab National Bank scam whistleblower Hariprasad SV on Monday raised doubts on fugitive businessman Mehul Choksi’s chances of being extradited to India, citing Choksi’s access to top legal support in Europe. His reflection on concerns of bring him back to India came after 65-year-old absconding diamond merchant was…
Stock exchanges across India will remain closed on Monday to commemorate Dr BR Ambedkar Jayanti. The occasion marks the birth anniversary of Babasaheb Ambedkar, who was born on April 14, 1891. The nation observes this day as a public holiday annually, with educational institutions, banks and numerous government offices remaining closed to honour the social…
BENGALURU: Even though TCS deferred its annual increments, an unprecedented departure from its April cycle, TCS EVP and CHRO Milind Lakkad said that the company rolled out 1.1 lakh promotions in FY25.They are in the process of hiring about 42,000 trainees in FY26, having recorded a similar number of hires in FY25.At the earnings presser,…
Technology stocks rose after the Trump administration announced a pause in tariffs for phones, computers and consumer electronics, though officials later downplayed the reprieve.Shares of Apple Inc. climbed more than 6% on the Robinhood trading platform. Nasdaq 100 futures jumped more than 2.3% in early Asian trading hours Monday before halving the advance.In Taiwan, iPhone…
NEW DELHI: Ongoing uncertainty surrounding US trade policy—especially the recent tariff moves by the Trump administration—is expected to undermine business confidence and consumer sentiment across Asia, including India, and could significantly dampen regional growth, Moody’s Ratings said on Sunday.While President Donald Trump has announced a three-month delay in implementing reciprocal tariffs on most countries, China…
India’s largest carrier IndiGo is confident that the global events triggered by tariff hikes will not impact its long-term plans. The large domestic market, which includes a big untapped segment, will help airlines, the company’s Chief Executive Pieter Elbers told PTI in an interaction. “Some of the more recent dynamics and the global scale are…
NEW DELHI: Amid ongoing tariff talks, India is stepping on the gas — literally — to reduce its trade surplus with the US in the hope of an early deal. State-run gas utility GAIL has invited expressions of interest for acquiring upto 26% stake in a US LNG (liquefied natural gas) project and a 15-year…
The UK pledged £20 billion ($26 billion) on Sunday to help exporters including those affected by US tariffs, as President Donald Trump’s sweeping stop-start import taxes roil global markets.Britain’s finance ministry said the move would expand the UK’s export finance package by £20 billion to a total of £80 billion, with “thousands of UK businesses…
