Business

May 31, 2024 5:51 PM

DGCA issues show cause notice to Air India over passenger discomfort

The Directorate General of Civil Aviation (DGCA) issued a show cause notice to Air India on Friday for inordinate delay of at least two international flights and failure to take due care of passengers. An Air India flight from Delhi that was to leave for San Francisco on Thursday was delayed by ove...

September 16, 2024 5:44 PM

India brings nearly 100 tonnes of gold back to domestic vaults

India has made a notable shift from the economic policies of 1991, when it exported gold and pledged it overseas to mitigate a looming financial crisis. The country has now shipped in a little over 100 tonnes of its gold reserves held in the UK. Sanjeev Sanyal, an economist and a member of the Econ...

May 31, 2024 11:25 AM

Sensex, Nifty open higher; investors turn cautious ahead of poll results

Indian stock indices opened higher on Friday, June 1, following five consecutive trading sessions of losses. The gains were primarily driven by fresh buying from investors after the recent dip. Analysts believe that investors are likely to adopt a cautious approach ahead of the Lok Sabha election r...

May 30, 2024 5:31 PM

Nifty falls below 22,500 on F&O expiry, Sensex drops 617 points

Indian benchmark indices continued their losing streak for the fifth consecutive session on Thursday. The Nifty closed below 22,500 on the May F&O (Futures & Options) expiry day, indicating the bearish sentiment prevailing on Dalal Street. The Sensex dropped by 617.30 points, or 0.83%, to c...

May 30, 2024 11:22 AM

Global shift to renewables slowed in 2023, policy group says

The global shift to renewables in major energy-consuming sectors slowed in 2023, hindered by regulatory gaps, political pressures and a failure to set clear targets, a policy group said on Wednesday. The COVID-19 pandemic and the Ukraine war helped ambitions to shift to renewables am...

May 30, 2024 6:13 PM

NHAI seeks investment in UAE for infrastructure monetization

By: Vinod Kumar The National Highways Authority of India (NHAI) has launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India’s expanding national highway network. NHAI’s delegation, led by Chairman Santosh Kumar Yadav and NHIT MD Sure...

October 25, 2024 4:52 PM

Delhi swelters in record heat for second day

Record heat seared parts of the national capital for a second consecutive day on Wednesday, reaching a temperature of 52.3 degrees Celsius (126.14 degrees Fahrenheit), as an unprecedented heat wave continued to parch some northwestern regions. The unusually high summer temperatures have brought "he...