National
On May 15, 2025, the Bureau of Civil Aviation Security (BCAS) revoked the security clearance of Çelebi Airport Services India Pvt. Ltd., a subsidiary of Turkey-based Çelebi Aviation Holding. The move was described as being “in the interest of national security.” Çelebi, which has operated in India since 2008, played a crucial role in ground […]
Economy National
India’s retail inflation has fallen below the Reserve Bank of India’s (RBI) target for three straight months, triggering widespread anticipation of interest rate cuts. With consumer inflation easing to 3.16% in April 2025—its lowest in six years—economists forecast a series of repo rate reductions aimed at reviving domestic demand and investment. Inflation Trends and
Business Industry
The Reserve Bank of India (RBI) has launched a detailed review of digital wallets tied to app-based services, following the sudden collapse of BluSmart, an all-electric taxi service. The move comes in response to mounting complaints from users who were left unable to recover funds stored in BluSmart’s internal wallet system. BluSmart’s Sudden Shutdown BluSmart […]