Business

Prime Minister Narendra Modi inaugurated Phase I of the Noida International Airport, a significant addition to India’s aviation infrastructure. Developed under a PPP model, this airport aims to enhance regional and international connectivity for the NCR, easing pressure on existing facilities and supporting India’s global aviation ambitions.

Petrol and diesel prices remained largely stable across major Indian cities today, despite global crude oil surges due to the US-Iran conflict. The government’s excise duty cuts and strategic measures aim to shield consumers from international price volatility and ensure uninterrupted fuel supply.

Traditionally, India has sourced most of its crude from the Middle East, particularly Iraq, Saudi Arabia and the UAE, owing to geographical proximity, established contracts and reliable shipping routes.