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India-UK one way economy fares zoom past business, first fares
India-UK fares have skyrocketed as restrictions on travel imposed from here during the deadly second wave are relaxed from Sunday morning. Senior IAS officer Sanjeev Gupta took to Twitter on Saturday to complain about one-way economy fares touching Rs 4 lakh and that he has raised the issue with aviation secretary P S Kharola. -
Male: India, China to pay for imports with local currency
Maldives' economic development minister Mohamed Saeed said he met with Indian high commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee. -
Bonds rally as RBI pays record dividend to govt
The dividend is more than the Rs 1.02 lakh crore that govt had budgeted as dividends from all financial institutions and will reduce its need to borrow from the market. This is the second year in a row that the central bank has paid a dividend which is sharply higher than the amount that govt had budgeted. -
Indigo Airlines Issues Travel Advisory For Goa Flights Amid Runway Closure; Check Your Flight Status
Indigo Airlines has issued a travel advisory for passengers flying to and from Goa's Manohar International Airport (GOX/MOPA) due to temporary runway unavailability.
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Indigo Flight Overbooked Passenger: Know How It Happened
Overbooking is quite in aviation sector, particularly during peak seasons. Airlines anticipate some passengers may not show up, allowing them to sell more tickets than available seats.
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Startup India: Motivational Speaker Dr Vivek Bindra To Help 100 MSMEs To Become IPO-Listed
A stronger startup ecosystem also favours the country. Union Minister Hardeep Singh Puri said on May 20 that India can achieve the 'Viksit Bharat' status even before 2047 with the help of a robust startup ecosystem. -
No More Driving Test At RTO? Know Everything about New Driving Licence Rules
Starting June 1, 2024, the Ministry of Road Transport and Highways has introduced new regulations aimed at simplifying the process of obtaining a driving licence. -
Which corporate fixed deposits offer highest interest rates? Check list of 10 corporate FDs
Corporate fixed deposits, also known as corporate FDs, are term deposits with fixed interest rates held for a predetermined period, primarily issued by Non-Banking Financial Corporations (NBFCs) and Housing Finance Companies (HFCs). -
The 15 minutes on a Citi trading desk that sparked a flash crash
On a public holiday in the UK, when the markets were expected to be calm, a significant trading error occurred at Citigroup. A trader on the Delta One desk attempted to manually hedge the bank's exposure to the MSCI World Index. In the process, the trader mistakenly entered a figure intended as the notional value ($58 million) into the quantity field, resulting in the creation of an erroneously large basket of equities valued at $444 billion. -
Sensex Jumps 267 Points, FMCG Sector Leads Rally
HUL, RIL, Infosys, Asian paints and ITC were major gainers. SBI, JSW Steel, Axis Bank, ICICI Bank, Tata Steel and Tata Motors were major losers. -
Mercedes-Benz Launches AMG S 63 E Performance and Maybach GLS 600 In India; Check Performance And Specifications
Mercedes-Benz has introduced two new luxury models to the Indian market: the AMG S 63 E Performance and the Maybach GLS 600.
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India Exports Over 45,000 Tonnes Of Onions After Ban Lifted
To keep onion prices affordable during the election period, the government on May 4 lifted the ban but imposed a minimum export price (MEP) of USD 550 per tonne. -
Buddha Purnima Holiday: Banks To Remain Closed In THESE Cities & States On May 23
Even though the banks will be closed digital banking services will remain available in these states. -
BMW New S 1000 XR Launched at Rs 22.50 Lakh; To Offer Optional M Package
BMW New S 1000 XR: Customers can also personalise their bike with the optional M package, which enhances the sporty profile of the S 1000 XR. -
Buddha Purnima Bank Holiday 2024: Banks closed in these cities on May 23 - check list
Banks in several states will be closed on Thursday, May 23, due to Buddha Purnima as per the Reserve Bank of India's holiday list. Individuals can utilize digital banking services for simplified financial management on bank holidays. -
SpiceJet To Seek Refund Of Rs 450 Cr From Kalanithi Maran After Delhi HC Ruling
SpiceJet has announced plans to seek a refund of Rs 450 crore from former promoter Kalanithi Maran and his firm, KAL Airways. -
India To Gain As Global Oil Prices Decline Despite Geopolitical Tensions
Russia has now emerged as the largest supplier of crude oil to India replacing Iraq and Saudi Arabia which occupied the top slot earlier. -
Audi Q7 Bold Edition Launched At Rs 97.84 Lakh; Now offers 7 Driving Modes
The Q7 Bold Edition is powered by the same 3.0-litre V6 turbo-petrol engine equipped with mild-hybrid technology, producing 340 PS and 500 Nm of torque.
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From contraction to growth: Pakistan GDP grows 2.09% on the back of healthy growth in agriculture
Pakistan's economy grew 2.09% in Q3 FY 2023-24, supported by higher growth in agriculture. The economy contracted in 2023 due to various factors, including a significant depreciation of the rupee currency. -
Gold prices surge! Why 9-Carat gold jewellery may now be hallmarked
The gold trade urges BIS to implement hallmarking for 9-carat gold as prices reach record highs. Silver prices peak at ₹92,444/kg in Mumbai's Zaveri Bazaar. IBJA officials meet with BIS executives. Anuj Gupta from HDFC Securities predicts silver to hit ₹110,000/kg. Gold demand falls by 20% pan-India. -
Rejection Is The Best Motivation: Meet IIT Graduate Who Got Rejected By 75 Investors But Built Rs 6700 Crore Company
The story of Pavan Guntupalli, an IIT graduate who faced over six dozen reactions, is not only exceptional but also inspirational. -
Narayana Murthy’s mantra: Infosys founder lists steps for India to catch up with China, even overtake it
Infosys founder NR Narayana Murthy believes that India has the potential to compete with China, its South Asian rival, despite the current economic slowdown in the West and China's growing technological dominance. -
Paytm posts wider Q4 net loss, signals job cuts and asset sales
Once a role model for India's burgeoning startup economy, Paytm's net losses surged to 5.5 billion rupees ($66.1 million) for the quarter ending in March. The company, known as One 97 Communications Ltd, also reported a 2.6% decline in revenue to 22.7 billion rupees, marking its first revenue drop since its 2021 stock-market debut. -
Paytm Q4 FY24 Loss Widens To Rs 550 Crore
The revenue from operations of Paytm declined 2.8 per cent to Rs 2,267.1 during the reported quarter from Rs 2,464.6 crore in the corresponding quarter of the financial year 2023. -
Digital Gold Vs Physical Gold Debate: 7 Points That Consumer Can Consider, Says Expert
Nischay AG, Co-founder and CEO, Jar has given out 7 arguments that make digital gold a more lucrative purchase option. -
Paytm Q4 results: Fintech major’s losses widen to Rs 550 crore
Paytm reported increased losses in Q4 FY24 due to disruptions like UPI transition and PPBL products. The company's revenue from operations also experienced a 3% year-on-year decline. -
FSSAI Finds No Trace Of Ethylene Oxide In Indian Spices From MDH, Everest Brands
According to the analysis report, the extensive testing found no traces of ethylene oxide (ETO) in the samples collected from several states. -
Stock market today: BSE Sensex opens 100 points up; Nifty50 near 22,530
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. BSE Sensex moved up over 100 points and Nifty50 was above 22,530. -
Who Is Nikesh Arora? Born In India, He Is The 2nd Highest Paid CEO In US
A total of 17 Indian-descent CEOs are in the top 500 rankings, according to an analysis published by The Wall Street Journal on Tuesday. -
Govt eyes $12 billion bonanza from RBI
The Reserve Bank of India (RBI) provides a yearly payment to the government, sourced from its surplus earnings on investments, changes in valuation of its dollar reserves, and the charges it collects for printing money. The central bank is required to maintain a contingency risk buffer that falls within the range of "5.5% to 6.5% of its balance sheet."
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