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IndiGo revises fuel surcharge for the third time
An IndiGo aircraft at IGI Airport, in New Delhi | Photo Credit: The Hindu IndiGo has raised its fuel surcharge for the third time since the West Asia conflict pushed up aviation turbine fuel (ATF) prices, with the revised levy applicable to bookings made from 0001 hours on October 6, 2026. The airline said on…
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Tax-free bonds for infrastructure, large investors
It is not for the first time that the government is allowing a few companies to raise funds through issuance of tax free bonds. The most recent permission given to seven central public sector enterprises (CPSEs), all engaged in crucial infrastructure activities, to collectively mop up Rs.40,000 crore is in line with the announcement made…
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India-U.S. deal has reached plateau where further demands, concessions will be very difficult: Sitharaman
File photo of Union Finance Minister Nirmala Sitharaman. | Photo Credit: PTI The India-U.S. trade deal has reached a “plateau” in negotiations where it will now be “very difficult” to add to the list of demands and concessions that have been agreed to, Finance Minister Nirmala Sitharaman said on Monday (October 5, 2026). Speaking at…
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FM Sitharaman hails India-EU trade deal at Munich Leaders Meeting
Union Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI The India-European Union free trade deal stands out as an example of how India is negotiating and finalising trade deals, Finance Minister Nirmala Sitharaman said on Monday (October 5, 2026). Speaking at the opening session of the Munich Leaders Meeting in New Delhi, Ms. Sitharaman…
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Next-Gen GST and India’s next phase of growth
India’s ambition to become a Viksit Bharat requires an economy in which enterprises of every size can grow, wherever they begin. Over the past 12 years, our government has worked to create those conditions. The introduction of the Goods and Services Tax (GST) in 2017 established a common national framework for indirect taxation. Next-Gen GST…
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Nayara Energy hikes petrol by ₹5, diesel by ₹3
Nayara Energy, India’s largest private fuel retailer, has raised petrol prices by ₹5 per litre and diesel by ₹3 with immediate effect, seeking to narrow the gap between retail prices and rising international oil and refined-product costs, people familiar with the matter said. The latest increase comes amid renewed pressure on fuel retailers from higher…