NEW DELHI: With the big Gulf carriers operating a fraction of their schedules, foreign airlines are expanding their India flights to meet the increased demand for options to the likes of Emirates, Qatar Airways and Etihad. SWISS will operate a second daily light between between Delhi and Zurich from April 1 to May 31, 2026….
Historically, India’s highest monthly purchases of Russian crude have been around 2.0-2.1 Mbd since the Russia-Ukraine war began in 2022. (AI image) Russian crude has emerged as a major player amid the US-Iran war – global crude oil supply is badly affected via the Strait of Hormuz, Middle East countries are finding it difficult to…
Wall Street’s key indices opened lower on Thursday after gains in the previous session, as investors turned cautious over evolving developments in the Middle East and weighed the prospects of any de-escalation in the conflict.At the opening bell, the Dow Jones Industrial Average slipped 84.8 points, or 0.18%, to 46,344.64. The S&P 500 declined 36…
Applications for unemployment benefits in the United States rose slightly last week, signalling continued labour market resilience even as hiring momentum has slowed over the past year.New filings for jobless aid increased by 5,000 to 210,000 for the week ended March 21, up from 205,000 in the previous week, the US Labour Department said on…
India’s economy is projected to expand by 7.6% in the current fiscal before moderating to 6.1% in 2026-27, the Organisation for Economic Cooperation and Development (OECD) said in its interim Economic Outlook report, PTI reported.The multilateral body said the evolving conflict in the Middle East has “human and economic costs” for countries directly involved and…
NEW DELHI: India’s largest private fuel retailer Nayara Energy on Thursday raised its prices by Rs 5 per litre and diesel by Rs 3 a litre amid the ongoing Middle East crisis. Nayara Energy, which operates 6,967 of India’s 102,075 petrol pumps, has decided to pass on part of the increase in input costs to…
The government, on Thursday, moved to reassure citizens that the country’s fuel supply situation remains fully stable. The ministry of petroleum and natural gas said India’s petroleum and LPG systems are secure and under firm control, with no shortage of petrol, diesel or LPG anywhere in the country. It also warned against what it called…
In a regulatory intervention following an operational lapse, aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Air India to take corrective measures after the airline operated a Delhi–Vancouver flight with an aircraft that was not approved for the route, a senior official said on Thursday.Action has also been initiated against an airline official…
MUMBAI: With credit growth at 14.5% outpacing deposit growth at 11.9% as of Feb 28, banks have stepped up reliance on certificates of deposit, with their share rising to 2.6% of total deposits, the highest in a decade, reflecting a widening structural gap between asset creation and liability mobilisation.The Indian banking system is navigating a…
UAE Car Insurance: Third-Party or Comprehensive? The Decision That Could Cost You Thousands As car ownership continues to rise across the UAE along with repair costs, extreme weather risks and high-value vehicles, one question keeps surfacing among residents: Should you choose comprehensive insurance or stick to basic third-party cover? The difference is not just technical,…
