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The plane was en route from Baku to Grozny in Russia's Chechnya. However, it was rerouted due to heavy fog in Grozny

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Ola Electric grows its network to 4,000 showrooms and service centres following consumer complaints and social media backlash on product quality and after-sales service

Ola, Ola charging station, Ola electric cabs, Ola electric mobility

A small plane crashed into a Brazilian town that is popular with tourists on Sunday, killing several people, local officials said.
Eduardo Leite, governor of Rio Grande do Sul state, said in a statement on X that no passenger survived the crash in Gramado town, and that the plane had capacity to carry nine passengers. Authorities did not immediately say how many passengers or crew were on board.
Brazil's Civil Defence Agency said the plane hit the chimney of a home and then the second floor of a building before crashing into a shop in a residential neighbourhood. More than a dozen people who were on the ground were taken to hospitals with injuries including smoke inhalation.
Gramado is in the Serra Gaucha mountains and is popular with Brazilian tourists who enjoy the cool weather, hiking spots and traditional architecture.

plane crash, crash

Experts fear that Indian exporters might have to pay higher duties while exporting pharmaceuticals, textiles, chemicals, and engineering goods

In 2018, as the President of the United States, Donald Trump called India the “tariff king”, citing the high import duties (100 per cent at that time) on Harley Davidson bikes, but also saying the Indian government was ready to reduce it.

State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years back to obtain contracts to supply catalysts, according to a company's regulatory filing.
Albemarle Corporation, a global speciality chemicals supplier that develops and sells catalysts used in the operation of oil refineries, allegedly "paid approximately USD 1.14 million in commission to India intermediary company relating to Indian Oil Corporation business and obtained approximately USD 11.14 million in profits on that business between approximately 2009 and 2011," according to a US SEC order dated September 28, 2023.
Albemarle was caught for bribery by the US authorities in 2017 and then settled the case in September 2023 by paying a hefty fine of more than USD 198 million to avoid prosecution.
In a filing, IOC said it is "neither party to nor is there any allegation against the company in relation to the proceedings" in the US SEC.
"Howev

Indian Oil corporation, IOC

Airtel adds 1.9 million users after 3 months, BSNL grows base

Jio IPO size is being derived on the basis of its valuation benchmarked against Airtel

Refiners in India have been gorging on cheaper Russian oil despite problems posed by sanctions aimed at reducing Moscow's oil revenue

Oil india

Year ender 2024: India has maintained its position as the fifth-largest economy and continues to be one of the fastest growing economies in the world. Here's how 2024 panned out for the country

growth gdp economy

The development of the IT services opportunity saw India emerge as the manpower capital of the world to service the Y2K problem at the dawn of the new century

The Indian Banking, Financial Services, and Insurance (BFSI) industry has shown strong resilience amid global headwinds and achieved impressive growth. Credit growth has remained robust, and non-performing assets (NPAs) have reduced to multi-year low

The current elderly population of India (those aged 60 and above) is about 153 million

Elder Care

Export promotion requires consistent and open trade policy

trade deficit

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Deep-tech focus critical for India to lead global digital innovation

India's ageing population needs robust elder care, not just new schemes

Trade reforms, global value chains key to India's export strategy

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News updates: Arunish Chawla elected as revenue secretary

Passenger plane with nearly 67 people onboard crashes in Kazakhstan

Ola Electric adds 3,200 new outlets to improve after-sales service

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