Airbus Orders Software Update for A320 Jets
The European airplane maker said a recent incident had shown that “intense solar radiation may corrupt data critical to the functioning of flight controls.” Source link
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Growth rebound: Canada posts 2.6% Q3 GDP surge; stronger trade and govt spending drive recovery
Canada’s economy staged a stronger-than-expected recovery in the third quarter of 2025, expanding 2.6 per cent year-on-year after a contraction in the previous quarter, according to new data from Statistics Canada, AFP reported.The rebound was fuelled by an improved trade balance and higher government spending, offsetting the drag from US President Donald Trump’s trade war,…
Economic growth may exceed 7%, GDP to cross $4 trillion mark in FY26: CEA V Anantha Nageswaran
Backed by stronger-than-expected second-quarter numbers, Chief Economic Adviser V Anantha Nageswaran on Friday said India’s economy is poised to grow at over 7% this fiscal, with the GDP set to cross the $4 trillion mark in FY26, according to PTI.Briefing reporters after the release of Q2 GDP data, Nageswaran said the economy’s current trajectory makes…
Ease of compliance: RBI scraps 5,673 circulars; issues 244 master directions to streamline rules
The Reserve Bank on Friday completed a nearly six-month regulatory consolidation, repealing 5,673 obsolete circulars and subsuming over 3,800 into 244 function-wise master directions (MDs), the central bank said.In all, 9,446 circulars have been repealed, subsumed or withdrawn as part of the exercise, Deputy Governor S C Murmu said, describing the review as a “mammoth…
Debt roadmap: Adani Group pegs 2030 debt goal at Rs 1 lakh cr; says growth plan won’t hinge on capital raising
The Adani Group on Friday said it is targeting a consolidated debt level of Rs 1 lakh crore by 2030, stressing that its long-term growth strategy aims to minimise reliance on fresh capital raising.Speaking at the Trust Group’s 5th India Debt Capital Market Summit 2025, Adani Group CFO Jugeshinder (Robbie) Singh said the group believes…
Late Rally Pushes Stocks Back Near Record High
A midmonth stumble, driven by worries about the frenzy around artificial intelligence, was reversed as investors inched back into stocks this week. Source link
‘Reforms driving productivity’: FM Sitharaman highlights 8.2% GDP rise; says high-frequency indicators show continued momentum
Finance Minister Nirmala Sitharaman on Friday said the July–September GDP growth of 8.2 per cent reflects the strength of the Indian economy and underscores the impact of reforms and fiscal consolidation.In a post on X, Sitharaman said, “Various high-frequency indicators also point to continued economic momentum and broad-based consumption growth.”Official data released earlier in the…
Holiday rush: US retailers eye Black Friday lift; shoppers hunt deals despite weak sentiment
Black Friday no longer pulls Americans from Thanksgiving dinners for midnight mall queues, but it still draws more in-store traffic than any other day of the year — and remains the unofficial start of the US holiday shopping season.This year’s kickoff came as US consumer confidence slipped following the federal government shutdown, weak hiring and…
US markets today: Wall Street edges higher on final trading day of November; CME outage halts futures briefly
US stocks opened with modest gains on Friday as Wall Street wrapped up the last trading session of November on a shortened post-Thanksgiving schedule.The S&P 500 rose 0.2 per cent, the Dow Jones Industrial Average added 66 points, and the Nasdaq gained 0.4 per cent. Coinbase Global climbed 2.2 per cent as Bitcoin traded above…
GDP grows at 8.2%, fastest in 6 quarters: What the data really says about Indian economy – explained
India’s GDP growth has consistently surprised on the upside in the last few quarters. (AI image) India’s GDP has grown at a robust 8.2% in the second quarter of the financial year – a number that beats all estimates by economists and even the RBI. The six-quarter high real GDP growth is expected to push…