The Directorate General of Civil Aviation (DGCA) on Monday suspended operations at Redbird Flight Training Academy, one of India’s largest flight schools, across all five of its training bases in
Continue reading »Biden Warns Against Israel Occupying Gaza
President Joe Biden has warned Israel that it would be a “big mistake” to occupy Gaza in retaliation for deadly attacks by Hamas. Biden made a call for restraint in
Continue reading »Rs 2,000 crore loans to Go First are now NPA: Central Bank of India
Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). The no-frills carrier has been
Continue reading »Output of a third of manufacturing segments in Aug less than base year
Despite high headline numbers, the output of one-third of the segments in the manufacturing sector in August stood below even that in the same month in 2011-12, when the new
Continue reading »Polaris Recalls Certain Recreational Off-Road Vehicles
Polaris Industries Inc. is recalling certain Model Year 2023 and 2024 recreational off-road vehicles or ROVs, according to the U.S. Consumer Product Safety Commission. The recall involves Model Year 2023
Continue reading »Uneven monsoon weighs on demand for FMCG firms
Fast moving consumer goods (FMCG) companies are expected to see muted topline growth, with uneven spread of the monsoon impacting demand. Rural demand recovery, too, remains elusive in the July-September
Continue reading »Asian Markets Mostly Lower
Asian markets are mostly in the red on Friday, following the broadly negative cues from Wall Street overnight, as traders look to book some profits to take advantage of the
Continue reading »RBI action may weigh on growth, increase costs for Bank of Baroda
The Reserve Bank India’s (RBI’s) decision to ban the onboarding of new accounts on the “bob World” mobile digital platform led to a selloff in the Bank of Baroda (BoB)
Continue reading »Markets Price In A Less Hawkish Fed
World markets reflected cautious optimism ahead of the release of the FOMC minutes on Wednesday and the CPI update on Thursday. The recent dovish hints by Fed officials dragged the
Continue reading »Sluggish rural demand, weak volumes dent Marico’s stock in Q2
A muted revenue performance in the September quarter and weak management commentary weighed on the stock of consumer major Marico which shed 8.5 per cent to Rs 542 from its
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