Image used for representative purpose only | Photo Credit: Reuters An Air India flight bound for Delhi experienced a collision with a tug truck while taxiing towards the runway at Pune Airport. The incident occurred when around 180 passengers were onboard. “The aircraft, carrying around 180 passengers, suffered damage to its nose and a tyre … Read more
New Delhi: India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become the world’s fourth largest economy, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said on Thursday. Sanyal further said that a 7 per cent economic growth rate will be a ‘very … Read more
Sunil Koul, Executive Director (Asia Pacific Portfolio Strategy, Global Macro Research), Goldman Sachs, says: “We have a barbell approach within the market. We have bets which we like from a more tactical value side of things, so we are overweight China A-share markets, we are overweight some of the North Asian markets which includes Japan … Read more
“If trouble comes when you least expect it, then maybe the thing to do is to always expect it.” Cormac McCarthy Considered in a proper historical and comparative perspective, the 30-share Sensex, which breached the 25,000 mark in May 2014 and the 50,000 mark on January 21, 2021, smashed the psychological 75,000 barrier, zooming to … Read more
“One thing you will notice that in India no cement company has ever given any loss to the bank, no haircut. All cement companies have gone at a higher rate than what their debt was. So, it is a very clear that cement buyers are there quite a lot,” says HM Bangur, Chairman, Shree Cement.What … Read more
Air India Express passengers who were promised travel to various destinations from airports in Kerala were left stranded on May 9 as their flights were unexpectedly cancelled for the second day in a row. | Photo Credit: REUTERS Air India Express passengers who were promised travel to various destinations from airports in Kerala were left … Read more
Auto-rickshaws, also known as tuk-tuks, are a common sight on the streets of India, serving as a popular mode of transportation for millions of people. Whether it’s commuting to work or navigating through crowded city lanes, these vehicles play a crucial role in everyday life. However, encountering an auto-rickshaw outside of India is a rarity. … Read more
New Delhi: India has extended the free import of yellow peas by four more months until October 2024, the Directorate General of Foreign Trade (DGFT) said in a notification adding that the import is permitted without the Minimum Import Price (MIP) and port restriction conditions. In December last year, the government allowed duty-free imports of … Read more
New Delhi: US and Australia alleged India of giving subsidies to sugarcane farmers far exceeding limits set in global trade norms.The two countries told the WTO that they estimated that over the period 2018-19 to 2021-22, New Delhi provided sugarcane subsidy between 91-100%, which was “vastly in excess of the limits set out” at 10% … Read more
Washington: US President Joe Biden has called two of his QUAD partners – India and Japan – and two of his adversaries – Russia and China – “xenophobic” nations, asserting that none of these countries, unlike the United States, welcome immigrants. “This election is about freedom, America and democracy. That’s why I badly need you. … Read more