Indian passengers of Gulf Air flight stranded at Kuwait airport for nearly 20 hours depart for Manchester
Several Indian passengers of a Manchester-bound Gulf Air flight were stranded at the Kuwait airport for nearly 20 hours and flown out of the city to their destination on Monday morning. The Gulf Air flight from Bahrain to Manchester was diverted to Kuwait due to a technical glitch. Gulf Air GF5 took off from Bahrain […]
Gold Prices Rebound to Rs 80k-Level Despite Trump’s Aggressive Trade Policy
NEW DELHI: Gold prices have breached Rs 80,000 per 10 grams levels in major Indian cities, recovering from the impact of Donald Trump’s expected high tariff trade policy and a firm US dollar, analysts said. A flare-up in geopolitical tensions due to the Russia-Ukraine war is bolstering the precious metal, which crossed the USD 2,700 […]
Gold Jumps Rs 600 to Rs 78,050 per 10 gm; Silver Climbs Rs 1,500
NEW DELHI: Gold prices jumped Rs 600 to Rs 78,050 per 10 grams in the national capital on Tuesday amid a strong global trend in the overseas market, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity closed at Rs 77,450 per 10 grams. Gold prices also […]
Trade deficit narrows to 5-month low
India’s merchandise trade deficit or the gap between imports and exports eased to $20.78 billion in September. Exports stood at $34.58 billion in September, while imports were at $55.36 billion during the month, according to Ministry of Commerce and Industry date. The trade deficit narrowed compared to August when it widened to a 10-month high […]
RIL Q2 profit falls 5%
Reliance Industries Ltd (RIL) on Monday reported a 5 per cent fall its net profit in the July-September quarter as weak oil refining and petrochemical business hurt its operational performance. Its consolidated net profit fell to Rs 16,563 crore (Rs 24.48 per share) in second quarter of the fiscal as compared to Rs 17,394 crore […]
2.5m businesses, households without power in Florida
SIESTA KEY: The death toll from Hurricane Milton rose to 16 on Friday, as residents began the painful process of piecing their lives and homes back together. Nearly 2.5 million households and businesses were without power, and some areas in the path cut through the state by the monster storm from the Gulf of Mexico […]
Industry greats remember the gem that was Ratan Tata
Soon after the news of the demise of India’s most cherished industrialist, former Tata Group Chairman and philanthropist Ratan Naval Tata, spread, condolences and rich tribute started pouring in from industry greats from India and across the world. Here are some sentiments shared by industry heads and entrepreneurs, who remembered Ratan Tata as someone who […]
AI Express-AIX Connect merger in 1st week of October; ‘I5’ to fly into sunset
AIX Connect as well as airline designator code ‘I5’ will fly into the past in the first week of October as the merger of the no-frills carrier with Air India Express becomes a reality. “Everything is on track,” a senior airline official told PTI earlier this week about the merger process that has been in […]
SpiceJet clears pending salaries till August
Domestic carrier SpiceJet has cleared all pending salary dues of its employees after securing a fresh capital infusion of Rs 3,000 crore, a source has said. The salaries for July and August for all employees, as well as the remaining June salaries for those who were partially paid, were deposited into their accounts, according to […]
Nirmala Sitharaman to attend AIIB annual meet in Uzbekistan
NEW DELHI: Union finance minister Nirmala Sitharaman on Tuesday embarks on an official visit to Uzbekistan to attend the Asian Infrastructure Investment Bank’s (AIIB) annual meeting in Samarkand on September 25-26 besides having bilateral meetings with her counterparts from Uzbekistan, Qatar and China, the finance ministry said in a statement. During the visit, Sitharaman will attend […]