Business

Indian property buyers in Dubai are facing regulatory challenges after using international credit cards (ICCs) for property purchases. They opted for this payment method through builder-shared links or during UAE visits, making down payments and instalment payments.The process appeared straightforward, avoiding bank paperwork and potentially circumventing the 20% tax-collected-at-source (TCS). However, they allegedly misused ICCs,…

Prime Minister Narendra Modi will inaugurate a new residential complex in August on Baba Kharak Singh Marg, featuring 184 large and spacious flats for Members of Parliament, partially addressing the requirement for accommodation in Lutyens’ Delhi, according to a TOI report by Dipak Dash. Over the past few years, the government has constructed supplementary housing…

NEW DELHI: A joint platform of the Samyukt Kisan Morcha (SKM) and ten central trade unions on Monday announced a nationwide protest on August 13 against the proposed 25 percent US tariff and the recently signed India-UK Comprehensive Economic and Trade Agreement (CETA).In a joint statement, the CTUs-SKM criticised US President Donald Trump’s tariff threat…

India has emerged as the world’s fifth largest aviation market, handling 241 million passengers in 2024, while the Mumbai–Delhi route ranked 7th among the world’s busiest airport pairs, according to the World Air Transport Statistics (WATS) released by the International Air Transport Association (IATA).India’s passenger numbers grew 11.1% over 2023, when it handled 211 million…

Both India and China, faced with the prospect of 100% tariffs, penalties and so on – have so far not stopped buying crude from Russia. (AI image) US President Donald Trump’s threats and warnings to get Vladimir Putin to stop the Russia-Ukraine war don’t seem to be working as of now. His tactic of pressuring…

Marking its 19th anniversary with a sharp global pivot, IndiGo on Saturday announced it will launch daily non-stop flights to London Heathrow from October 26, 2025, using leased Boeing 787-9 Dreamliners, as part of a larger international expansion plan.This milestone comes as India’s largest airline by market share prepares to induct five more Dreamliners this…

Tesla has approved a new stock award for CEO Elon Musk worth an estimated $29 billion, offering him 96 million shares as part of a fresh compensation deal aimed at keeping him at the company’s helm. The move comes just months after a Delaware court voided Musk’s earlier 2018 pay package, which had been valued…

NEW DELHI: Hindustan Zinc Ltd has entered into a Rs 400-crore deal with Essar group’s GreenLine Mobility Solutions for decarbonising its logistics network by deploying the latter’s advanced electric (EV) and trucks powered by liquefied natural gas (LNG).The deal envisages GreenLine deploying 100 electric trucks to replace diesel vehicles for inter-unit concentrate movement between the…

Delhi, Maharashtra and Chandigarh have topped Niti Aayog’s inaugural India Electric Mobility Index (IEMI) 2024, emerging as frontrunners in the country’s transition to electric vehicles. The index evaluates the performance of all states and Union Territories across 16 indicators grouped under three broad themes: EV adoption, charging infrastructure readiness, and EV technology and innovation.According to…

US stocks bounced back on Monday, recouping a significant portion of the sharp losses they suffered last week amid rising concerns that President Donald Trump’s tariff actions may be weighing on the economy.The S&P 500 climbed 0.8% in early trading, clawing back nearly half of Friday’s steep drop. The Dow Jones Industrial Average rose by…