يحاول ذهب - حر

Make-in-India boost for aviation sector

February 03, 2026

Mint New Delhi

A budget proposal to scrap basic customs duty on imported civilian aircraft components is set to boost the aviation sector.

- Dipali Banka & Abhishek Law

Duty relief on imports of aircraft components supports India's push to become a global hub for aircraft manufacturing.

“[ propose to exempt basic customs duty on components and parts required for manufacture of civilian, training and other aircraft,” finance minister Nirmala Sitharaman said in her budget speech on Sunday.

Customs duty on aircraft components range from 2.5% to 15%. Some have zero duty. Experts said the duty exemption could lead manufacturers to expand and new companies to enter the space.

Adani Group and Brazil's Embraer are in talks to manufacture commercial aircraft in India. Embraer will import aircraft components, it said when it signed a partnership agreement with Adani last month.

هذه القصة من طبعة February 03, 2026 من Mint New Delhi.

اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.

هل أنت مشترك بالفعل؟ تسجيل الدخول

Talks to link Alipay+ with India's UPI

The government and Reserve Bank of India (RBI) are in talks with Ant International about allowing Alipay+ to be linked with India's instant payments system for cross-border transactions, according to two government sources.

1 min

February 03, 2026

Mint New Delhi

Iran’s Gen Z helped propel the protests. They paid with their lives.

A generation who grew up in a more connected world rebelled against a failing economy and strict social rules

5 mins

February 03, 2026

Mint New Delhi

Will futures traders switch to options?

The proposed increase in the securities transaction tax (STT) on derivatives from the next fiscal could shift trading from futures to options, where the hike in the levy is comparatively lower, say experts

3 mins

February 03, 2026

Mint New Delhi

Maruti Suzuki’s induction in EV PLI could lift disbursals

Maruti Suzuki India Ltd was directly added to the list of firms eligible for incentives under the government's ₹25,000 crore production-linked incentive scheme for electric vehicles—a move that may boost EV adoption and support India’s clean mobility push.

2 mins

February 03, 2026

Mint New Delhi

INSIDE THE 16TH FC'S 41% TIGHTROPE WALK

A Mint explainer on the Finance Commission's latest report and why many states remain upset.

7 mins

February 03, 2026

Mint New Delhi

Automakers ride GST boost, post strong Jan sales

Maruti, Tata, Mahindra and Hyundai see robust sales in January amid the growth momentum

1 mins

February 03, 2026

Mint New Delhi

IndiGo hires Laming to head loyalty programme in ramp up

IndiGo, the largest airline in India by market share, has appointed veteran of loyalty programmes Nik Laming to lead its frequent-flyer business, as the airline seeks to shift from its low-cost roots to defend its market share against feisty Air India.

1 mins

February 03, 2026

Mint New Delhi

India looks to harden drug law to curb opioid abuse

The regulator plans an overhaul of the Drugs and Cosmetics Act to sharply raise punishments

2 mins

February 03, 2026

Mint New Delhi

Apple's value share hits 28% in India

Tech giant Apple has recorded its highest-ever value share of 28% in the Indian smartphone market, driven by a surging “premiumization” trend where consumers are increasingly opting for high-end devices, according to a report by Counterpoint Research.

1 min

February 03, 2026

Mint New Delhi