The Internet and Mobile Association of India (IAMAI) has called upon the government to reassess the imposition of Goods and Services Tax (GST) on rides booked through online platforms. In a recent letter to the Finance Ministry, IAMAI emphasized the detrimental effect of the 5% GST rate on driver income and service affordability. IAMAI,…
Bharat Taxi: Features, Benefits, Vision and Impact of India’s First Cooperative Ride App Indian Masterminds Source link
The month of December witnessed significant turbulence in the Indian aviation sector as more than 10.4 lakh passengers experienced flight cancellations. A staggering 93 percent of these disruptions were associated with IndiGo, the nation’s largest airline, according to data from the Directorate General of Civil Aviation (DGCA). Overall, scheduled domestic airlines paid out over…
By Thomas V Abraham, Research Analyst, Mirae Asset ShareKhanIndia’s stock markets kicked off the special Sunday session on a flat-to-positive note, with Sensex touching an intraday peak near 82,726 and Nifty nearing 25,357. However, sentiment soured quickly after Budget 2026 announcements, dragging indices into the red amid targeted tax hikes and unmet expectations.Key triggers for…
The Mexican government said there has been no impact on civil aviation or airspace operations in the country following a notice issued by the US Federal Aviation Administration. Authorities said national airspace remains fully operational and that there are no restrictions or changes affecting Mexican airlines or aviation operators.“There is no impact whatsoever on civil…
DeepSeek’s debut caused market panic but didn’t affect long-term AI chip demand. Nvidia, Broadcom, and ASML rebounded, posting strong gains after initial shock DeepSeek’s efficiency gains intensified the AI arms race instead of ending it. Nearly a year ago, DeepSeek appeared to upend the global AI narrative overnight. A relatively unknown Chinese AI lab released…
India is unlikely to be affected by the ongoing crisis in Venezuela, in terms of material economy or energy, Global Trade Research Initiative (GTRI) assured in a note. Though it was once a major buyer of Venezuelan crude, the think tank highlighted that New Delhi has been reducing shipments from the South American nation in…
US President Trump’s threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs. NEW DELHI: US President…
Deliveries of Russian oil to India are projected to decrease to around 600,000 barrels per day next month. (AI image) Donald Trump’s sanctions on Russian crude majors may have the effect of India’s oil imports from Russia dropping to a four year low in January 2026. The Trump administration has been piling pressure on India…
Source: TH Subject: Government Scheme Context: India’s flagship Integrated Child Development Services (ICDS) has completed 50 years since its launch in 1975, prompting renewed evaluation of its impact as a lifeline for child nutrition, early learning and maternal health. About Integrated Child Development Services (ICDS): What it is? ICDS is India’s largest early childhood care…