India’s recently introduced flight duty regulations for pilots are significantly stricter than those in many other countries, but operations are expected to stabilise over time, International Air Transport Association (IATA) Chief Willie Walsh said.His remarks follow a week of major disruptions at IndiGo, India’s largest airline, which saw hundreds of flights cancelled and thousands of…
A divided Fed is meeting with incomplete data. Source link
US Fed chair Jerome Powell (File photo by AP) The US Federal Reserve’s Federal Open Market Committee (FOMC), led by Fed Chair Jerome Powell on Wednesday cut the key rate by 25 basis points. The rate now stands between 3.5 percent and 3.75 percent, the lowest level in nearly three years. “In support of its…
Midpriced steakhouses and fine-dining establishments are trying to figure out how to cover their rising costs without scaring away customers. Source link
India-US trade deal: India should be highly cautious about lowering duties for USagricultural or genetically modified products and must press the Trump administration to sharply reduce its steep tariffs, the Global Trade Research Initiative (GTRI) said on Wednesday.The think tank also advised New Delhi to wait for the US Supreme Court’s ruling on President Donald…
Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items. Source link
In a major move towards greener transportation, Indian Railways has completed the manufacturing of its first hydrogen-powered train on a pilot basis, following specifications laid out by the Research, Design & Standards Organisation (RDSO).“This project involved designing from first stages, prototype manufacturing and first-time development of hydrogen traction technology in Indian Railways,” said Union minister…
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. Source link
Elon Musk has played down the achievements of the Department of Government Efficiency (DOGE), the cost-cutting initiative he headed for US President Donald Trump, saying the unit managed only limited gains before it folded. Speaking on a podcast with former Trump official Katie Miller on Tuesday (local time), the Tesla chief said the experience is…
The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank. Source link
