Pentagon Appeals Court Decisions Gutting Its Press Restrictions
The Defense Department filed a formal notice that it intended to fight a federal judge’s recent rulings that its press restrictions were unconstitutional. Source link
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Income tax deparment disposes 2.22 lakh appeals in FY26; says CBDT chairman
The Income Tax Department disposed of 2.22 lakh appeals in the last financial year, marking a 29% increase over the previous fiscal as part of efforts to reduce disputes and improve taxpayer services, PTI reported.CBDT chairman Ravi Agrawal, in a letter to officials, said actions in the current fiscal (2026-27) should be “guided” by data,…
The Iran War Has Prompted Some Companies to Raise Prices
Delta Air Lines, Amazon, the United States Postal Service and others have said they are raising prices amid higher energy costs connected to the war in Iran. Source link
India’s forex kitty rises $9 bn to $697.12 bn; gold drives surge
India’s foreign exchange reserves rose by $9.063 billion to $697.121 billion for the week ended April 3, 2026, reversing the decline seen in the previous week, PTI reported.The reserves had dropped by $10.288 billion to $688.058 billion in the week ended March 27.The forex kitty had earlier touched an all-time high of $728.494 billion in…
How Airlines Turned First-Class Seats From Freebies to a Profit Engine
Airlines used to give away most of their nicest seats, but they have increasingly found ways to persuade people to pay a lot for them. Source link
Piyush Goyal holds talks with Kuwait, UAE, GCC to restore trade flows, energy supplies; exporters face disruption
Commerce and Industry Minister Piyush Goyal on Friday held separate discussions with his Kuwaiti and UAE counterparts, as well as with the GCC Secretary General, on containing disruptions in energy supplies and restoring trade flows at the earliest amid the ongoing West Asia crisis. India’s trade with West Asia has been disrupted severely because of…
Bob Law, Trailblazing Talk-Radio Host, Dies at 86
His wee-hours show “Night Talk” was a nationally syndicated stalwart, examining tough issues and spotlighting Black cultural and political stars. Source link
Swiggy cofounder Nandan Reddy steps down, may start up again
Bengaluru: Swiggy cofounder Nandan Reddy has stepped down from the company’s board and will exit the firm to pursue independent projects, marking a key founding-level transition at the listed food delivery and quick commerce platform.The company disclosed in a stock exchange filing on Friday that Reddy is “stepping down from his board position and moving…
U.S. Inflation Surged in March as Iran War Pushed Up Prices
Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022. Source link
RBI proposes asset-based criteria for PSU inclusion in upper layer NBFC
The Reserve Bank of India on Friday proposed an overhaul of the framework for identifying upper-layer non-banking finance companies (NBFCs), suggesting a shift to an asset-size-based criterion and inclusion of government-owned entities, PTI reported.Under the draft ‘Reserve Bank of India (Non-Banking Financial Companies’ Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026’,…