business news

Air India celebrated a milestone on Sunday as its inaugural Airbus A320neo aircraft, adorned in a fresh livery, touched down at the Indira Gandhi International Airport from Toulouse, France. The arrival marks a significant addition to the airline's fleet, promising enhanced passenger comfort and operational efficiency.

Mark Zuckerberg's unconventional celebration of Independence Day has stirred up a social media feud with fellow tech magnate Elon Musk. The Meta CEO's July 4th festivities, captured in a viral wakeboarding video, featured him clad in a tuxedo, proudly waving an American flag while enjoying a beverage.

Akshata Murty, wife of former UK Prime Minister Rishi Sunak, recently caught the public eye for her fashion choice during Sunak's farewell speech outside 10 Downing Street. The event followed a significant electoral defeat for the Conservative Party, prompting discussions not only about political outcomes but also about Murty's attire.

Finance Minister Nirmala Sitharaman is set to present the Union Budget for the year 2024-25 on July 23, marking a significant moment in Indian economic policy under Prime Minister Narendra Modi's third term. The announcement comes as the Budget session of Parliament is scheduled to commence on July 22 and conclude on August 12, as confirmed by Union Minister Kiren Rijiju.

In a groundbreaking move within the global food delivery landscape, Swiggy has unveiled its innovative 'Eatlists' feature, designed to enhance user convenience and social sharing capabilities. This pioneering feature allows customers to create personalized 'food playlists' within the Swiggy app, streamlining the process of selecting and sharing favorite dishes.

In a significant move aimed at bolstering consumer safety and product quality, the Department for Promotion of Industry and Internal Trade (DPIIT) has issued a Quality Control Order making the ISI mark mandatory for stainless steel and aluminium kitchen utensils. This order, effective from March 14, underscores the government's commitment to ensuring that these essential household items conform to national quality standards set by the Bureau of Indian Standards (BIS).

Google is set to position India as a significant export hub for its Pixel range of smartphones, targeting markets in Europe and the United States, according to a report by Moneycontrol. The tech giant has already initiated trial production in Tamil Nadu in collaboration with Foxconn, a major manufacturer of Apple devices.

Mumbai has been ranked as the most expensive city in India for expatriates, securing the 136th position globally, according to Mercer’s Cost of Living City Rankings 2024. This marks an 11-spot climb from last year. Delhi also moved up four points to 165th place globally.

A recent investigation by Italian prosecutors has brought to light startling revelations about the production costs of luxury handbags sold by renowned fashion houses like Dior and Giorgio Armani. According to reports from the Wall Street Journal, these brands pay significantly low amounts to their suppliers for manufacturing these high-end accessories, which are then sold at exorbitant prices.

The Reserve Bank of India (RBI) has rolled out stringent guidelines effective July 1, impacting how credit card bills can be paid through third-party apps. According to the latest regulations, all credit card bill payments via such apps must now be routed through the Bharat Bill Payment System (BBPS), managed by the National Payments Corporation of India (NPCI).