Black box of crashed AI plane not sent abroad (Image credits: ANI) Civil aviation minister K Rammohan Naidu said on Tuesday that the black box from the Air India plane crash in Ahmedabad is being examined by the aircraft accident investigation bureau (AAIB) and dismissed media speculation that it has been sent abroad for analysis.The…
India has, for the first time, secured a spot among the top 100 countries in the sustainable development goals (SDG) index, according to the latest Sustainable Development Report (SDR) released Tuesday by the UN sustainable development solutions network.India ranks 99th out of 167 countries on the 2025 SDG Index with a score of 67. This…
The growth projections by S&P align with the Reserve Bank of India’s recent forecast of 6.5 per cent made earlier this month. (AI image) Indian economy on strong footing: S&P Global Ratings has revised India’s GDP growth projection upwards for the ongoing fiscal year to 6.5%, considering factors such as anticipated normal monsoon, reduced crude…
NEW DELHI: Adani Airports Holdings Limited (AAHL) on Tuesday said it has successfully secured $1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL) that runs Chhatrapati Shivaji Maharaj International Airport (CSMIA). The transaction involves the issuance of $750 million of notes maturing in July 2029 (notes), which shall be…
(Representative image credits: ANI) Asian shares climbed on Tuesday while oil prices dropped, as investor fears of a major energy shock eased following US President Donald Trump‘s announcement of a ceasefire between Iran and Israel.Markets were reassured after Iran did not retaliate to a US strike on its nuclear facilities by disrupting oil transport through…
MUMBAI: Iran’s parliamentary move to approve the closure of the Strait of Hormuz, an oil shipping chokepoint, has jolted global insurance markets. Already uneasy over the Red Sea disruptions, marine insurers are now bracing for a spike in war risk premiums and the possible withdrawal of war cover across the Persian Gulf.“The ongoing Iran-Israel-US conflict…
MUMBAI: Dalal Street on Monday weathered the fallout of US involvement in the Israel-Iran conflict.As a reaction to US bombing of Iran’s nuclear sites early on Sunday, the sensex opened deep in the red but soon stabilised as it became clear that Iran’s response to the attack would not be immediate. In early trades, the…
NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked top direct tax officials to make the processes simpler, transparent, and taxpayer-friendly, while seeking to speed up cases of disputed tax demand.During a meeting with principal chief commissioners of income tax, the minister called for a “structured, process-driven approach to compliance” focusing on greater ease for…
LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience at the United Nations taught him to challenge status quo, a lesson that helped him streamline government systems during his administrative career.Speaking at the 58th convocation of IIT Kanpur, Malhotra-an alumnus of the institute – outlined four key learnings from his professional journey thus far:…
Oil prices slipped nearly $5, or 6%, on Monday after Iran attacked the US military base in Qatar in retaliation for US attacks on its nuclear facilities, and took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz.About a fifth of global oil supply flows through the strait.A telegraphed attack…
