British Airways plans to boost India operations, eyes cargo gains from India-UK FTA

Image used for representative purposes British Airways, operating for over a century in India, is set to expand its routes and flight frequencies, while also capitalising on cargo opportunities emerging from the proposed India-UK free trade agreement (FTA), according to Chairman and CEO Sean Doyle.The airline currently operates 56 weekly flights across five Indian cities-…

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RBI slaps Rs 54.78 crore in penalties on banks and NBFCs for compliance lapses in FY25

Reserve Bank of India’s (RBI) NEW DELHI: The Reserve Bank of India (RBI) imposed penalties totalling Rs 54.78 crore on regulated entities (REs) during the fiscal year ending March 31, 2025, for contraventions and non-compliance with statutory provisions and regulatory directions.According to the RBI’s Annual Report for 2024-25, released on Thursday, the central bank undertook…

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