Concert economy: Government launches Live Events Development Cell; aims to make India global hub by 2030

The ministry of information and broadcasting has set up a Live Events Development Cell (LEDC) to support the structured growth of India’s live entertainment industry and strengthen the country’s emerging concert economy, according to an official release.The LEDC will function as a single-window facilitation mechanism aimed at streamlining processes for the sector and positioning India…

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US strikes Venezuela: What it means for oil supply and prices? Impact on India

As the United States carried out strikes on Venezuela on Saturday, global oil markets are closely watching for any fallout, though early signals point to limited disruption so far.Venezuela holds some of the world’s largest proven oil reserves, raising concerns that military action could disrupt global price movements. However, crude markets have remained subdued as…

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Bioenergy boost: India has 132 CBG plants operational nationwide; output touches 920 tonnes per day

India has set up 132 Compressed Bio Gas (CBG) plants with a combined production capacity of 920 tonnes perday, with more capacity being added under the Sustainable Alternative Towards Affordable Transportation (SATAT) initiative, Union petroleum and natural gas minister Hardeep Singh Puri said on X.In a social media post, the minister said the CBG programme…

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Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…

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Sindhudurg Airport in Maharashtra gets DGCA nod for 24X7 operations

The Sindhudurg Airport in the Konkan region of Maharashtra has received aviation safety regulator DGCA’s approval for round-the-clock operations, including during low visibility and adverse weather conditions, a statement by IRB Infrastructure Developers said. The airport, operated by IRB Infrastructure, started commercial operations in October 2021. “The approval for 24×7 all-weather operations significantly enhances the…

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Rupee in 2026: After 5% fall in 2025, where is the currency headed? Here’s what SBI says

In 2025, rupee fell almost 5% against US dollar, recording its weakest annual performance since 2022. However, 2026 is expected to change that, SBI predicted.Even as dollar weakened and most global currencies gained ground last year, rupee underperformed.According to a recent report by SBI Funds Management, the currency was weighed down by “muted foreign portfolio…

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IndiGo travel disruptions: How to claim compensation vouchers — details inside

Aviation gaint IndiGo officially launched its ‘Gesture of Care’ (GoC) package to assist passengers affected by flight delays and cancellations. This comes after the airline faced widespread operational disruption in early December, leaving thousand of passengers with delayed and cancelled flights.“Caring for our customers remains our greatest focus. Our Gesture of Care (GoC) is an…

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