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The DGCA’s action came after numerous flight safety incidents occurred, along with a show-cause notice on the company.

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New Zealand ANZ business confidence improved from -62.6 to -56.7 in July. Own activity outlook rose from -9.1 to -8.7. Employment intentions rose from 0.7 to 1.1. Pricing intentions rose from 73.7 to 74.0. Inflation expectations rose from 6.02 to 6.23. ANZ said that most activity indicators were little changed, but residential construction intentions plummeted again to a fresh record low (-73.7). Inflation pressures remain […]

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The domestic equity barometers clocked fresh intraday high in mid-morning trade. The Nifty traded above the 16,850 mark. IT stocks rose for second day in a row. Buzzing Index: The Nifty IT index rose 2.37% to 28,539.60. The index has gained 4.09% in two sessions. Mindtree (up 4.24%), Larsen & Toubro Infotech (up 3.97%), L&T Technology Services (up 3.12%), Infosys (up 2.48%) and Tech Mahindra […]

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The cause of the fire and the damage is being currently assessed, the company said.

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Mr Rajnath Singh, Defence Minister, Government of India said that ammunitions and components are equally important for all defence services. There is a need to have a strong base of ammunition manufacturing in India. We need to emphasize on indigenous designs, he added. Looking at Indias regional and geo-political imperatives along with the security challenges, the vision of Atmanirbharta in defence production cannot be left […]

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