Passengers at Delhi and Mumbai airports could face user charges rising up to 22 times after the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) revised the tariff formula for FY09-FY14, leading to over ₹50,000 crore in under-recovery for the operators. This shortfall will likely be recouped through higher user development fees (UDF), landing, and parking charges, potentially driving up airfares and slowing passenger growth at India’s busiest hubs.
NSE’s Electronic Gold Receipts Could Change How India Invests in Gold
The National Stock Exchange (NSE) has introduced Electronic Gold Receipts (EGRs), a new digital framework designed to transform how Indians buy, hold, and trade gold. The initiative marks a major step toward...
