The ministry of petroleum and natural gas on Tuesday directed states and Union territories to double the daily supply of 5-kg Free Trade LPG (FTL) cylinders meant for migrant labourers, even as the Centre said the overall LPG supply situation in the country remains stable and under control.In a letter to all chief secretaries, petroleum…
Silver prices fell by Rs 2,000 to Rs 2.40 lakh per kilogram, while gold declined by Rs 600 to Rs 1.53 lakh per 10 grams in the national capital on Tuesday as investors turned cautious ahead of US President Donald Trump’s deadline to Iran over reopening the Strait of Hormuz.According to the All India Sarafa…
MUMBAI: Uday Kotak on Tuesday warned that the world is “at a very important cusp of the return of global colonialism… in 2026 we are at one such cusp,” drawing parallels between historical imperial expansion and current geopolitical shifts, while urging India Inc to reset its approach to innovation, manufacturing and energy security.Speaking at the…
Aviation regulator, Directorate General of Civil Aviation (DGCA), has temporarily eased pilot flight duty time limitation (FDTL) norms for long-haul operations, a senior official said on Tuesday.The move is intended to ensure adequate pilot availability and maintain smooth flight operations, Joint Secretary in the Ministry of Civil Aviation, Asangba Chuba Ao, said during a media…
The Indian Rupee is likely trade in a narrow range near 93 per dollar, supported by the central bank-spurred unwinding of arbitrage positions, while lingering risks of a further flare-up in the Iran war are expected to cap upside. Traders reckon that the Reserve Bank of India will likely step in to avert a sharp…
Gold prices eased in futures trade on Tuesday, even as retail rates showed a mixed trend across major Indian cities.Gold prices declined by Rs 610 to Rs 1.49 lakh per 10 grams in futures trade, as surging crude oil prices and escalating tensions in West Asia kept investors cautious and weighed on demand for the…
Sona BLW Precision Forgings Ltd., also known as Sona Comstar, has achieved two key production milestones, signalling a global overdrive even as the wider automotive industry goes electric. Sona Comstar is currently among the world’s leading manufacturers of differential assemblies for electric vehicles—a sector that demands high-precision forging and complex mechanical-electrical integration. The Gurugram-based auto…
Air India Ltd. has revised its fuel surcharge math for domestic and international flights, reacting to a volatile energy market that has seen global jet fuel prices nearly double in a single month. Air India described the current landscape as “one of the most challenging fuel cost environments” airlines have faced in years. (Reuters) The…
The Middle East conflict, now in its sixth week, continues to send shockwaves across the world. From energy supply disruptions to rising fuel prices, several countries are being forced into emergency measures such as work-from-home policies and cost hikes. Meanwhile, the Gulf region is witnessing a split oil reality! While for some producers, soaring crude…
Air India Ltd. has confirmed the resignation of CEO Campbell Wilson, as reported by Hindustan Times earlier today, underscoring the top-level churn among some of India’s biggest airlines. Air India’s outgoing CEO Campbell Wilson. (PTI) Wilson, who took the helm following the airline’s privatisation, had signalled his intent to exit as early as 2024, Air…
