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Image used for representative purposes Air India announced its plans to reduce its reliance on Turkish Technic for the maintenance of its wide-body aircraft, redirecting operations to alternative Maintenance, Repair and Overhaul (MRO) facilities, according to CEO Campbell Wilson. The move comes in light of recent geopolitical developments involving Turkiye.In May, Turkiye voiced support for…

The falling oil prices, influenced by US President Donald Trump‘s policies and OPEC+’s increased output quotas, have pushed crude costs to their lowest since the Covid pandemic, benefiting consumers whilst creating challenges for producers.Brent North Sea crude currently trades below $65, significantly lower than the $120 peak witnessed in 2022 after Russia’s invasion of Ukraine.The…

NEW DELHI: The Reserve Bank of India (RBI) is likely to announce a third consecutive 25 basis points (bps) rate cut on June 6, amid easing inflation and global economic uncertainty driven by US tariff actions. With consumer price inflation remaining below the 4 per cent median target, experts believe the move would support growth…

NEW DELHI: IndiGo‘s CEO Pieter Elbers on Sunday addressed the Turkish Airlines agreement termination deadline of August 31 set by the government.“This is the government’s decision and we will comply with the government’s decision. We have the coming month to find a solution for the customers which were booked,” he said.Further talking about the airlines’…

IndiGo airlines announced on Sunday that it has placed a firm order for an additional 30 wide-body A350 aircraft with Airbus, bringing their total A350 fleet commitment to 60 aircraft.Following their initial firm order of 30 A350 aircraft in April 2023, which included an option for 70 additional planes, IndiGo has now confirmed orders for…

VinFast Asia CEO Pham Sanh Chau VinFast, the electric vehicle arm of Vietnam’s Vingroup, is preparing a bold entry into the Indian market- setting the stage for direct competition with Tesla. With bookings for its vehicles scheduled to open this month, VinFast is banking on its VF7 and VF6 models to establish itself as a…

GST collections had hit a record lifetime high of Rs 2.37 lakh crore in April. (AI image) The Goods and Services Tax (GST) collections crossed the Rs 2 lakh crore mark for the second consecutive month in May 2025. As per the data released by the Ministry of Finance, gross GST collections in May stood…

NEW DELHI: Despite a muted trend in the equity market, four of the top 10 most valued Indian companies added a combined Rs 1,01,369.5 crore to their market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the top gainer. The BSE benchmark, however, slipped by 270.07 points or 0.33% during the…

LONDON: Britain will invest £1.5 billion ($2 billion) in new weapons factories to ramp up defence production capacity, the government said on Saturday, ahead of a major review of its armed forces and military strategy.The Strategic Defence Review, due to be published Monday, will assess the threats facing the UK amid Russia’s ongoing war in…

The annual quota for EB-5 vias is restricted, with India allocated roughly 700 visas. (AI image) US President Donald Trump’s mounting restrictions on student visas, has many Indians presently in the US and prospective college applicants considering the EB-5 visa route. This visa scheme offers a route to permanent residency or Green Card for foreign…