Airlines reap record profits, and passengers get peanuts

For now, airline executives have been clear about their priorities: To show improvements in their financial performance

Volkswagen

Volkswagen also faces a Friday deadline to inform regulators in the US of how it plans to bring its diesel cars there into compliance with air-quality standards

Volkswagen faces major spending cuts and regulatory deadlines

The wrath of Volkswagens drivers

When new emissions standards were introduced in 2009, Volkswagen was the first major carmaker to offer vehicles that could meet the new rules

Founded in 2004, Etihad now has more than 100 planes and flies to 110 destinations, including São Paulo, Brazil, Johannesburg and New Delhi

Etihad Airways' rapid growth frustrates rivals

The failure of that cell rippled to other cells, causing the battery to consume itself in fire and smoke

Battery flaws: Report finds lapses at multiple points

Recent accidents with the Virgin Galactic space plane and Orbital Sciences rocket are a stark reminder that the path to space is just as arduous for private companies as it is for government-funded programmes

Jad Mouawad: In travelling to the stars, risk and cost

Investigators have not found enough evidence in the charred remains of two Boeing 787 batteries to determine why they overheated, and they are expanding their examination of other electrical components, regulators in Washington and Tokyo said on Friday.

Investigators begin to test other electrical parts of Boeing 787

Business Standard

There are few more lucrative airline routes than the one between the financial powerhouses of New York and London. On Tuesday, Delta Air Lines signaled that it was going after that business-heavy market, agreeing to buy a 49 per cent stake in Virgin Atlantic from Singapore Airlines for $360 million.

Delta takes 49% stake in Virgin Atlantic 

China's electric vehicle major BYD is keen to have manufacturing operations in India as soon as 'all factors' suggest a 'go ahead' and the plan is under constant evaluation, according to a top official of the company's Indian arm.
Despite the political tension between India and China resulting in visa issues, the company has not felt any impact of it on its operations in the country and has also found acceptance of its products from the 'pragmatic' Indian customers, BYD India Head of Electric Passenger Vehicles (EPV) Business Rajeev Chauhan told PTI.
In an interaction on the sidelines of the Auto Expo held as part of the Bharat Mobility Global Expo 2025, he said the company, which unveiled its premium electric SUV SEALION 7, will be considering the homologation route for more models to be able to sell more vehicles in India.
"These kinds of plans, manufacturing plans are constant evaluation which we are doing...We are keen, we would love to do that as soon as all factors suggest tha

If the Centre's intentions are right, it should hold a meeting with the protesting farmers at the earliest rather than on February 14 which has been fixed now, Punjab Agriculture Minister Gurmeet Singh Khuddian said on Sunday.
His statement came a day after the Centre invited the Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha (KMM) for talks on February 14 at Chandigarh.
"Dallewal's (farmer leader Jagjit Singh Dallewal who has been on a fast-unto-death since November 26) health is worrisome. The ministry should hold the meeting with protesting farmers at the earliest," Khuddian told PTI on Sunday. "If their (Centre's) intentions are right then they should hold talks within a day or two."
On Saturday, a high-level central delegation led by Ministry of Agriculture Joint Secretary Priya Ranjan met farmer leader Jagjit Singh Dallewal and representatives of SKM (Non-Political) and KMM at the Khanauri border point, and invited them for resumption of talks on February ...

Farmers Protest, Protest, Farmer Protest, Rail Roko

The Bangalore Metro Rail Corporation Limited (BMRCL) is increasing the ticket fare citing increasing operational costs

Namma Metro Bengaluru

NCLT has directed for the liquidation of debt-ridden Tulip Hotels, as the tribunal failed to receive any bidder during its insolvency resolution process within the prescribed timeline.
On May 16, 2023, the NCLT had directed the initiation of a Corporate Insolvency Resolution Process (CIRP) against Tulip Hotels over a plea filed by Yes Bank, claiming a default of Rs 900 crore for two corporate guarantees issued by it.
Tulip Hotels was a corporate guarantor for two loans disbursed by Yes Bank to Cox & Kings and EzeeGo One Travel and Tours Ltd. After they defaulted, the financial creditor Yes Bank invoked the guarantee of Rs 450 crore each given for both loans.
However, the RP of Tulip Hotels submitted that during the prescribed timeline of 180 days, no bids (resolution plan) were submitted for Tulip Hotels during the Corporate Insolvency Resolution Process (CIRP) and the Committee of Creditor (CoC) has also passed no for extension of the period.
Hence, he was left with no other ...

gavel law cases

India is not seeking customs duty concessions on over 100 product categories such as liquor, and cigarette in the proposed free trade agreement (FTA), which is under negotiations between the two countries, sources said.
They also said that though the FTA negotiations were concluded, Oman has sought revision of its market access offers on some products.
The two sides have discussed three to four issues flagged by Oman, and any potential changes would be minimal, they said.
India is expected to gain greater market access for about 98 per cent of its goods in Oman, along with significant access to the services sector.
"There could be about 125-130 tariff lines (or product categories), where we have not asked for duty concessions and that included goods like liquor, and cigarettes," they added.
On January 14, India and Oman held the fifth round of talks for the agreement, which is aimed at boosting bilateral economic ties.
The negotiations for the agreement, officially dubbed as ...

India Oman

Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore

Kotak Mahindra Bank

The Net Interest Income (NII) grew nearly 3 per cent Y-o-Y to Rs 1585 crore due to lower (Joint Liability Group) JLG funding and increased slippages causing interest reversals

RBL Bank

India will start their Champions Trophy campaign against Bangladesh on February 20

Virat Kohli and Rohit Sharma

NITI Aayog member and renowned economist Arvind Virmani on Saturday said he has revised his GDP growth projection for India on the lower side for FY'25 due to rising global uncertainties and risks, particularly from the United States and China.
Virmani, who had earlier predicted a GDP growth in the range of 6.5-7.5 per cent, adjusted the projection to 6.5-7 per cent now with high probability of it being sub-7 per cent, amidst heightened risk aversion stemming from global political and economic challenges.
"My focus from the beginning of the year was 7 per cent plus-minus 0.5 per cent, which means 6.5-7.5 per cent. But now I am revising it to 6.5-7 per cent. The political uncertainties created by the US elections is much higher than I had anticipated," Virmani said.
"The US election uncertainty has a domino effect, influencing Europe, China, and other regions, indirectly impacting India," he said on the sidelines of an interactive session with MCCI.
He highlighted the significant ..

Two days after Bollywood star Saif Ali Khan was stabbed at his home during a robbery bid, a 31-year-old suspect was on Saturday detained from a train at Durg railway station in Chhattisgarh, officials said.
The man, whose photo had been shared by Mumbai Police with the Railway Protection Force (RPF), was traveling by the Jnaneshwari Express which runs between Mumbai Lokmanya Tilak Terminus (LTT) to Kolkata Shalimar.
He was identified as Aakash Kailash Kannojia and a Mumbai police team would be reaching soon to take his custody, said an RPF official in Durg.
Saif Ali Khan, 54, grievously injured in the attack, was recovering well at Mumbai's Lilavati Hospital and could be discharged in two-three days, according to the doctors.
Mumbai Police, who had formed 30 teams to nab the assailant and recovered CCTV footage showing a suspect's face, informed RPF at Durg around 12.30 pm that the man was travelling by Jnaneswari Express.
RPF Durg alerted its counterpart at Rajnandgaon station (w

Saif ali khan attacker

Prime Minister Narendra Modi will inaugurate the second edition of Bharat Mobility Global Expo on Friday which is expected to witness over 100 new launches across automobiles, component products and technologies.
The Bharat Mobility Global Expo 2025, scheduled from January 17-22, will bring the entire value chain of the mobility ecosystem -- from automobile manufacturers to components, electronics parts, tyre and energy storage makers, and automotive software firms and material recyclers -- under a single umbrella.
With a theme "Beyond Boundaries: Co-creating Future Automotive Value Chain", aiming to foster collaboration and innovation across the automotive and mobility sector with an emphasis on sustainable and cutting-edge technological advancements, the global expo will be held across three venues -- Bharat Mandapam in New Delhi, Yashobhoomi at Dwarka, Delhi and India Expo Centre & Mart, Greater Noida.
Notably, India's flagship motor show, the biennial Auto Expo -- now clubbed .

Modi, Narendra Modi

The tech giant achieved an impressive 9-10 per cent market share in India during the festive season from September-December quarter of 2024

apple, apple logo

Finance Minister Nirmala Sitharaman will present the federal budget for the 2025-26 fiscal year on February 1

The finance ministry has rejected a proposal by the steel ministry to establish a central organisation for the bulk procurement of green steel. It cited that most steel procured for government projects is purchased indirectly through contractors rath

NCR saw the highest number of deals (38) for approx. 417 acres, earmarked largely for residential (31), 3 deals for commercial projects, 2 for Industrial & Logistics Parks.

real estate construction building

The extension includes two new stations: Sarita Vihar and Madanpur Khadar. A 5 km elevated metro track will be built between Tughlakabad and Kalindi Kunj

Delhi metro

Dinesh Kumar Saraogi offers expert advisory services to optimize steel projects, enhancing profitability, efficiency, and sustainability using 43 years' experience.

Dinesh Kumar Saraogi

Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

chart

l The CMIE data also points to a worrying 57.1 per cent year-on-year decline in the value of government projects completed and a 40 per cent decline in that of the private sector

Budget

Let us look at the data. We find out technically that there was a regime shift in terms of movements in the value of the rupee when it crossed 80 to the dollar in August 2022

Rupee

For ages, the halwahi ecosystem had maintained a civilisation that had kept trade cashless. Land and grains were the only form of wages

Jad Mouawad

Jad Mouawad

Jad Mouawad

Airlines reap record profits, and passengers get peanuts

Volkswagen faces major spending cuts and regulatory deadlines

The wrath of Volkswagens drivers

Etihad Airways' rapid growth frustrates rivals

Battery flaws: Report finds lapses at multiple points

Jad Mouawad: In travelling to the stars, risk and cost

Investigators begin to test other electrical parts of Boeing 787

Delta takes 49% stake in Virgin Atlantic

Latest News

In this Section

All

Keen to have mfg in India, visa issue not affecting operations: BYD

Centre must hold talks with farmers at earliest, not on Feb 14: Punjab min

Bengaluru Namma Metro rail fares to get costlier by 30-40%: Details here

NCLT directs liquidation of Tulip Hotels as it fails to get bidder

India not seeking duty concessions on liquor, cigarette in FTA with Oman

Most Popular

Read

Shared

Commented

Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore

RBL Bank Q3 results: PAT drops 86% to Rs 32.63 cr amid surge in provisions

ICC Champions Trophy 2025: Rohit continues to lead; Bumrah, Shami included

NITI Aayog member revises FY25 GDP growth projection for India to 6.5-7%

Attack on Saif Ali Khan: Suspect detained from train in Chhattisgarh