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 suburban…
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 exchanges.If…
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 start…
The Confederation of Indian Industry (CII) urged the government to focus on institutional reforms and fiscal consolidation in the upcoming 2026-27 budget to maintain India’s growth momentum. The industry body presented these recommendations on Thursday, emphasising debt sustainability, fiscal transparency, revenue collection, and spending efficiency as key areas for improvement.“India has achieved a rare convergence…
Turned to artificial intelligence (AI) to help you stand out during the job process, but got rejected in the first round? Or are you a hiring manager who relied on AI to frisk through applications to select the best candidate, but ended up with not what you quite envisioned?The answer lies in the approach itself….
NEW DELHI: Demand for industrial and logistics spaces hit an all-time high this year, with leasing volumes rising nearly 19 per cent to 76.5 million square feet across 24 major cities in India, according to Savills.Real estate consultant Savills India data showed that the manufacturing sector took on lease 29 per cent of spaces, followed…
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 also…
India’s IPO street is gearing up for one of the most bustling years ahead as 2026 is expected to see a wave of big-ticket listings. These initial public offerings will range from telecom and fintech to consumer internet and financial services. Regulatory data cited by ET shows that 84 companies have already received clearance from…
Representative image (AI-generated) The Food Safety and Standards Authority of India (FSSAI) issued a clarification on the use of the word “tea” on food packaging and labelling, stating that only beverages made from the plant Camellia sinensis can legally be sold as tea.According to the press release issued on Wednesday, the food regulator said that…
India’s ambition of exporting goods and services worth $1 trillion by the end of FY26 is likely to remain out of reach, Global Trade Research Initiative (GTRI) predicted in its latest report on Thursday, pointing to weak merchandise shipments due to weak global demand and increasing protectionist trends.Ajay Shrivastava, founder of the economic think tank,…
