Business

IndiGo is adjusting its fuel charges on domestic tickets from April 2, with new rates between Rs 275 and Rs 950, following a rise in aviation fuel prices. This comes after a previous surcharge announcement in March. While scheduled airlines see a moderate increase, non-scheduled operators face significantly higher fuel costs.

India’s digital payments are getting a security boost from April 1 with stricter RBI authentication rules, requiring two-factor verification for all transactions to combat rising fraud. Beyond digital payments, changes affect credit cards, FASTags, RuPay cards, PAN applications, and banking services, alongside a new income tax framework, aiming for a safer financial ecosystem.

Some of the changes affect credit card users, FASTag subscribers, RuPay debit cardholders. Here are some of the key revisions scheduled for implementation from the start of the new financial year.

Asian nations, facing an energy crunch due to Middle East conflict and Strait of Hormuz disruptions, are increasingly turning to Russian oil. Benefiting from US sanction waivers, countries like the Philippines and South Korea are receiving Russian crude and naphtha. This shift offers a vital alternative for energy-starved economies, with more nations potentially following suit

Domestic GST revenue reached Rs 1.46 lakh crore, registering a growth of 5.9%, while revenue from imports was recorded at Rs 0.54 lakh crore, rising sharply by 17.8% during the period.

European Union energy chief Dan Jorgensen stated that energy prices will remain high for the foreseeable future. He noted that even if peace is achieved tomorrow, a return to normal levels is not expected soon. The EU is preparing measures to assist families and businesses. Efforts are underway to diversify energy sources and reduce reliance