NEW DELHI: Air India on Saturday said its flight operations remain intact with no cancellations due to the mandatory software and hardware realignment ordered for Airbus A320 family aircraft worldwide.“Air India can confirm that there have been no cancellations due to this task and there isn’t any major impact on schedule integrity across our network….
Airbus has issued an urgent global alert to A320-family operators, instructing them to immediately fix a newly identified software problem that could affect flight-control systems on thousands of aircraft. The directive which takes effect Saturday evening (US Eastern time) was triggered after Airbus determined that “intense solar radiation may corrupt data critical to the functioning…
MUMBAI: The directors of Tata Sons met Friday, over two months after ex-bureaucrat Vijay Singh resigned from the board. The meeting, chaired by N Chandrasekaran, discussed and considered routine corporate matters related to the company and its affiliated entities, said people aware of the matter. Apart from Chandrasekaran, the board consists of five members, including…
MUMBAI: Microfinance must now shift from basic access to delivering long-term income stability for borrowers and a clear pathway to formal credit, the RBI said. The central bank has warned that the sector’s recent regulatory freedom can become a liability if lenders do not uphold responsible conduct.Speaking at a microfinance industry network event during the…
NEW DELHI: India is hopeful of reaching a framework trade deal with the US this year that should address the tariff issue to the benefit of Indian exporters, commerce secretary Rajesh Agrawal said here Friday. While a bilateral trade agreement (BTA) will take time, a framework trade deal will address the reciprocal tariff challenge faced…
MUMBAI: SoftBank-backed e-commerce startup Meesho will focus on making online shopping affordable for more consumers and build the value segment of the market where the opportunity is large rather than going after the quick delivery space, said Vidit Aatrey, co-founder and CEO at the company which is set to get listed on the bourses next…
India’s GDP growth has consistently surprised on the upside in the last few quarters. (AI image) NEW DELHI: The Indian economy grew 8.2% in the July-Sept quarter as a strong comeback by the manufacturing sector and robust services activity helped it clock the fastest pace of expansion in six quarters.Strong domestic demand, which drove factories…
India is currently negotiating free trade agreements (FTAs) with a wide range of partners, including the United States and the European Union, Commerce and Industry Minister Piyush Goyal said on Friday. He said New Delhi is working closely with “trusted partners” to strengthen economic ties at a time when global trade faces rising geopolitical and…
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,…
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…
