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Friday, January 2, 2026
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Business

Nothing illegal about service charge in restaurants: NRAI

New Delhi: The National Restaurant Association of India (NRAI) on Wednesday reiterated that there is no illegality in levying service charges in restaurants.''Service charge is a part of the owner’s discretion/decision regarding the total price payable by a customer...

India’s services PMI on 11-year-high at 59.2 in June

New Delhi: India's services PMI (purchasing managers' index) accelerated to over an 11-year-high at 59.2 in June from 58.9 in May on the back of a sharp rise in new business and output, according to S&P Global survey released...

IndiGo flights face massive delays, DGCA seeks explanation

New Delhi: The operations of IndiGo airlines were affected across the country as its several flights faced delays due to non-availability of its crew members.As per on-time performance (OTP) data available on Civil Aviation Ministry, IndiGo's OTP on July...

Ahmedabad has the most affordable housing market in India

Kolkata: Ahmedabad has the most affordable housing market in India among the top eight cities in the country, a study said on Saturday.Pune, Chennai, and Kolkata occupy the next three positions, as per data collected in the first half...

Digantara Launches World’s Smallest Digital Space Weather Instrument

Mumbai: Digantara, a space tech startup building a one-stop solution for space operations, launches the World’s first commercial space-based weather system, ROBI (ROBust Integrating proton fluence meter), on the most prestigious Indian Space Research Organization's PSLV – C53 Mission.Started...

India manufacturing PMI eases to 53.9 in June: S&P Global

New Delhi: Manufacturing sector recovery extended to June on the back of robust demand but price pressures dampened growth.The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) fell to 53.9 in June from 54.6 in May.While a reading above...

Sitharaman urges industries to engage with state govts

New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday urged industries to interact with respective state governments to sort out their issues.'I appeal to industries to engage with the state governments. When industries approach the state governments and...

Road Contractors set for 200 bps decline in margins: CRISIL

New Delhi: Road contractors are set for a 200 bps decline in margins, rating agency CRISIL said on Wednesday.Credit profiles will remain stable, backed by strong awarding, and deleveraged balance sheets, it said.Aggressive bidding and high raw material prices...

Mukesh Ambani steps down, son Akash takes over as Reliance Jio chairman

New Delhi: The board of Reliance Jio has appointed Akash Ambani as its Chairman, the company said in a regulatory filing on Monday.The elevation of Akash Abmani at Reliance Jio board chairman was announced, along with the resignation of...

Goel Food Products Lists on BSE SME Platform

Mumbai: Goel Food Products Limited became the 377th company to get listed on the BSE SME Platform on June 28, 2022, the company announced on Tuesday.The company came out with an initial public offering of 1,001,600 Equity Shares of...

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Manipur King calls for return of ‘lost territory’, Congress counters with historical facts

Imphal: Manipur’s Titular King, Maharaja Sanajaoba Leishemba, has urged the Indian government to explore the possibility of reclaiming Kabaw...