It is an exciting time for Air India and the changes will manifest in the air as well as on the ground this year, the airline's chief Campbell Wilson said as the Tata Group-owned carrier opened its new lounge at the Delhi airport.

The airline will also be opening lounges in San Francisco, New York and other cities.

The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said India’s recent trade agreements are expected to support economic growth and exports, even as global uncertainty and geopolitical tensions rise.

Announcing the outcome of the Monetary Policy Committee (MPC) meeting, Malhotra said that the committee has decided to keep the repo rate unchanged at 5.25 per cent and continue with a ‘neutral’ policy stance.

Russia may remain India’s largest crude oil supplier, at least for the next few months, as Indian refiners continue to receive substantial volumes in the absence of clarity on the proposed US-India bilateral trade, according to interviews with legal experts, market participants and ship tracking data. Moreover, discounts on higher quality Russian oil are twice as much as readily available dirty Venezuelan oil.

The Supreme Court on Thursday agreed to list for hearing in March a PIL seeking direction to seize the symbol or deregister a political party that promises or distributes "irrational freebies" before polls.

Lawyer-petitioner Ashwini Updhyaya told a bench comprising Chief Justice Surya Kant and Justice Joymalya Bagchi that the notices on his PIL were issued to the Centre and the Election Commission in 2022 itself, and urged it to list the matter soon.

The headwinds may finally be turning into tailwinds for foreign investment flows into India with the announcement of a trade deal between New Delhi and Washington, Union Finance and Corporate Affairs Minister Nirmala Sitharaman said on Wednesday, arguing the country’s macroeconomic fundamentals were strong even when investors began pulling out nearly a year ago.

Calling Pakistan's boycott of their T20 World Cup match against India an "appropriate decision, the country's Prime Minister Shehbaz Sharif has said that it was a "considered stance" to support Bangladesh.

Pakistan's cricket team has been told by the government to skip the February 15 game in Colombo after Bangladesh were replaced by Scotland for refusing to play its games in India on account of "security concerns".

Silver and gold exchange-traded funds (ETFs) in India saw a renewed sharp decline on Thursday as a two-day recovery in precious metals stalled, with silver falling over 16 per cent.

Silver ETFs fell between 15 per cent and 20 per cent on Thursday, while gold ETFs were down about 5 per cent, each.

India's largest airline, IndiGo, on Wednesday announced adjustments to its long-haul flight schedule, including suspension of flights to and from Copenhagen, due to operational and airspace constraints.

As a part of the schedule adjustment, the airline said that starting February 17, it will suspend all its operations to and from Copenhagen until further notice.

Indian lenders asked the central bank to relax a number of liquidity rules to allow them unlock more funds for growth, according to people familiar with the matter, as demand for loans grows faster than deposits.

Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term financial stress requirements, the people said, asking not to be identified as the discussions are private.

Congress president Mallikarjun Kharge on Wednesday questioned the manner in which the Indo-US trade deal was announced at a time Parliament was in session, and asked whether India had compromised in any manner under US "pressure".

He also asked whether India has agreed to zero tariffs on American imports, as claimed by US President Donald Trump.

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