Lower limit fare increased on air travel


Lower limit fare increased on air travel

Domestic air travel is set to become costlier as the Civil Aviation Ministry on Friday elevated the lower limit on fares by 13 to 16 percent. The increase in airfares will come into effect from June 1 and the upper limits on fares remain consistent. The move is intended at helping airlines...

Tata Digital acquires majority stake in BigBasket


Tata Digital acquires majority stake in BigBasket

Tata Sons have acquired a majority stake in online grocery seller BigBasket through its subsidiary Tata Digital. The stake in BigBasket pits Tata against other rival bigwigs such as Amazon, Flipkart, JioMart, and SoftBank-backed Grofers. While Tata Digital did not disclose the details,...

Global temperature rising


Global temperature rising

The WMO report predicts an increased chance of tropical cyclones in the Atlantic Ocean, that Africa's Sahel and Australia will likely be wetter, and that the southwest of Northern America is likely to be drier. There is now a 40% chance that global temperatures will temporarily reach...

IPL may resume in September


IPL may resume in September

The Board of Control for Cricket in India (BCCI) is contemplating the month-long window, between the end of India’s series in England in September and the T20 World Cup commencement in October, to stage the remaining portion of the suspended Indian Premier League (IPL). The BCCI is...

FDI inflows touched $ 82 billion in FY21


FDI inflows touched $ 82 billion in FY21

Foreign direct investment (FDI) flows into India grew 10% in 2020-21 to touch a record $81.72 billion, with FDI equity inflows rising 19% to almost $60 billion. Singapore emerged as the top investor with almost a third of all investments, followed by the U.S. which accounted for 23%...

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