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Air India's chief executive officer Campbell Wilson has resigned as the airline deals with challenges, including financial losses and the aftermath of a deadly crash last year that killed 260 people. Wilson, whose term was set to end in 2027, will stay in the role until a successor is appointed, Air India said. A former Singapore Airlines executive, Wilson was brought in to lead a turnaround after Tata Group bought Air India from the Indian government in 2022 following years of losses. During ...Read More >
Mumbai, April 7: The Bombay High Court on Tuesday directed the Deputy Director General of Shipping to collect the mortal remains of seafarer Dixit Solanki, who was killed in a suspected drone boat attack off the Oman coast, and hand them over to the Forensic Science Laboratory at Kalina for a DNA test. HC directs DNA testing amid identification issues A bench of Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad ordered that the report, once received, be handed over to Dixit's family ...Read More >
New Delhi [India], April 7 (ANI): India's electric vehicle transition gathered pace in FY26, with total EV retail sales across two-wheelers, three-wheelers, passenger vehicles and commercial vehicles rising about 24.6 per cent year-on-year to around 24.52 lakh units, according to retail data shared by the Federation of Automobile Dealers Associations (FADA). The sharp rise in EV adoption comes at a time when crude prices are hovering around USD 100/barrel due to West Asia crisis. India remains ...Read More >
New Delhi [India], April 7 (ANI): The Ministry of External Affairs (MEA) on Tuesday said it has facilitated the movement of thousands of Indian nationals from West Asia, amid the ongoing conflict. Addressing an inter-ministerial press briefing, Additional Secretary (Gulf) Aseem R Mahajan said, " Our embassy in Tehran has so far facilitated the movement of 1862 Indian nationals from Iran to Armenia and Azerbaijan for onward travel to India. This includes 935 Indian students and 472 Indian fisher ...Read More >
Wayanad (Kerala), Apr 7 (PTI) Congress leader Priyanka Gandhi on Tuesday lashed out at Prime Minister Narendra Modi and Kerala CM Pinarayi Vijayan, accusing them of having no plan for the safety of Indians working in West Asia or for their return, amidst the conflict. Priyanka, Wayanad MP, also accused the PM of "attacking minorities" through the amendments sought to be made in the Foreign Contribution (Regulation) Act (FCRA) and claimed that it would force many charities and Christian organisa ...Read More >
New Delhi, Apr 7 (PTI) The government may ask for revised financial bids from two potential buyers of IDBI Bank as their original bid amounts were lower than the reserve price fixed for the strategic sale of the lender, sources said. "The IDBI Bank strategic sale is in the technical evaluation stage," a senior official told PTI. Amidst the West Asia crisis, the government is banking on disinvestment and asset monetisation to garner resources and create fiscal space for measures to shield the e ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): Actor Rajpal Yadav has addressed a recent incident stemming from a viral moment at an awards ceremony in Mumbai, urging restraint even as the episode sparked debate online. During the April 5 event, Yadav was in the audience and there was bantering between him and journalist Saurabh Dwivedi and comedian Zakir Khan, who were on the stage. In a clip circulated widely on social media, Yadav referred to the impact of the West Asia conflict said, "Rupya, ...Read More >
New Delhi, April 7 (UNI) Days after Pakistan's Defence Minister Khwaja Asif threatened to strike Kolkata if India carried out any "false flag operations", Defence Minister Rajnath Singh invoked the decisive 1971 war and the birth of Bangladesh to caution Islamabad against escalating tensions. "Pakistan's Defence Minister should not have given such a provocative statement. 55 years ago, they suffered the consequences when Pakistan was divided into two parts. If they try to cast an eye on Bengal, ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): Bank credit in India is expected to grow around 13 per cent in the current fiscal, slightly slower than the estimated 14 per cent growth in FY26, according to a report by CRISIL Ratings. The report said the growth will be supported mainly by strong demand from the retail and micro, small and medium enterprise (MSME) segments, along with corporates continuing to prefer bank loans over bond issuances. Also Read | Vivo X300 Ultra Review: Flagship Featu ...Read More >
The timing is significant: the cargoes were likely secured before the worst of the Hormuz disruptions took hold, suggesting the shift towards Venezuelan crude reflects a longer-term strategic repositioning rather than a purely reactive scramble for available barrels. India imports around 90% of its crude oil requirements, and the Strait of Hormuz typically carries close to 40% of its total supply. The near-closure of that route following the outbreak of the West Asia conflict has forced refiner ...Read More >
New Delhi: The Ministry of Petroleum and Natural Gas has doubled the daily allocation of 5kg Free Trade LPG (FTL) cylinders to states to ensure supply to migrant labourers amid the global energy crisis due to the ongoing war. In a letter to the states and Union Territories, the Ministry states, "the daily quantity of 5kg FTL cylinder in each State available for disbursal to migrant laborers is being doubled based on average daily supply to migrant laborers during 2nd - 3rd March 2026 beyond lim ...Read More >
New Delhi, Apr 7 (PTI) External Affairs Minister S Jaishankar will host his Bangladeshi counterpart Khalilur Rahman on Wednesday for wide-ranging talks in a significant initiative to repair the bilateral ties following an over 18-month period of heightened diplomatic tension. Rahman's three-day trip to New Delhi from Tuesday is the first high-level visit by a senior member of the new Bangladesh Nationalist Party government led by Prime Minister Tarique Rahman. The relations between India and B ...Read More >
New Delhi: The ongoing geopolitical conflicts in West Asia are beginning to exert a measurable impact on India's aviation sector, affecting both airlines and airports through rising fuel costs, operational disruptions, and revenue uncertainties, according to an analysis by EY India. The report highlights that nearly 20 per cent of global jet fuel supply is linked to the Middle East, making the region critical for aviation economics. As a result, volatility in fuel prices has once again emerged ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): Bank credit in India is expected to grow around 13 per cent in the current fiscal, slightly slower than the estimated 14 per cent growth in FY26, according to a report by CRISIL Ratings. The report said the growth will be supported mainly by strong demand from the retail and micro, small and medium enterprise (MSME) segments, along with corporates continuing to prefer bank loans over bond issuances. "Bank credit is poised to grow ~13% this fiscal, d ...Read More >
Kolkata: Kalyan Jewellers reported a consolidated revenue growth of around 64% in Q4 FY26 compared with the same quarter last year, the company said in a stock exchange filing. For the full year FY26, consolidated revenue rose approximately 42% over FY25. India operations saw revenue growth of over 65% in Q4 FY26, driven primarily by strong same-store sales growth (SSSG) across key markets. Both wedding and discretionary demand remained robust despite volatile gold prices, with SSSG exceeding 4 ...Read More >
New Delhi, Apr 7 (PTI) Kalyan Jewellers India Ltd reported 64 per cent jump in consolidated revenue for the fourth quarter of fiscal year 2025-26, buoyed by robust wedding and discretionary jewellery purchases even as gold prices remained volatile. The jewellery retailer had a revenue of Rs 6,222.35 crore in the same quarter a year earlier, a company statement said. For full fiscal year FY2026, consolidated revenue rose approximately 42 per cent from the prior year, when the company recorded a ...Read More >
New Delhi: The Ministry of Information and Broadcasting (MIB) has directed the Broadcast Audience Research Council (BARC) to withhold the publication of Television Rating Points (TRPs) for news TV channels for another four weeks or until further orders. The move comes amid concerns over the coverage of the ongoing Israel-Uran conflict. According to the ministry, the decision aims to curb "unwarranted sensationalism and speculative content" being aired by some news channels, which could create p ...Read More >
ANI: "All countries can play a big role to stop this war because now the war is now affecting the lives of lots of people- the price of gas, oil and shipping has increased. So I think it is very necessary and important that world leaders come together and they ask President Trump to stop this war," Iran's Supreme Leader's Representative in India said on Monday. Abdul Majid Hakeem Ilahi also praised Indian diplomacy and said that New Delhi can play a deeper role in the issue. "The Indian diplom ...Read More >
The district administration has "begun prioritising migrant workers and labourers without LPG connections, who have been hit by skewed supplies", by rolling out 5 kg mini cylinders through gas distribution agencies, officials said on Sunday. Officials said any valid Aadhaar holder can purchase one mini cylinder at a time, with no requirement of a prior LPG connection or proof of permanent residency. Migrants can purchase the 5kg cylinders directly using Aadhaar identification by paying around ...Read More >
Mumbai, April 7 (SocialNews.XYZ) Indian auteur Imtiaz Ali, who is gearing up for the release of his upcoming film 'Main Vapas Aaunga', has spoken up on the importance of telling a love story in times of crisis, and how it could restore the faith of mankind in good. In 'Main Vapas Aaunga', Imtiaz Ali touches upon the themes of separation, the Partition of India, and the pain that followed. Imtiaz spoke with IANS during the promotions of the film, and said that this is the perfect time to tell st ...Read More >
Kuwait City: The family of an Indian electrician killed in a drone strike in Kuwait will be paid a year's salary by the Al Thiqa Food Group Company. Santhanaselvam Krishnan, from Tamil Nadu, was killed when an Iranian drone struck his workplace - a power and water desalination plant based in Kuwait, as reported by Hindustan Times. The company made the decision to uphold its social and humanitarian responsibilities, Kuwait Times reported. Al Thiqa told the media outlet that it had received all ...Read More >
New Delhi, Apr 7 (PTI) Crude oil prices rose nearly 3 per cent to hit a record high of Rs 10,888 per barrel in futures trade on Tuesday, tracking strong global cues as tensions between the US and Iran intensified ahead of President Donald Trump's deadline for reopening the Strait of Hormuz. On the Multi Commodity Exchange (MCX), crude oil for April delivery increased by Rs 300, or 2.83 per cent, to hit a lifetime high of Rs 10,888 per barrel. Similarly, the May contract also advanced Rs 170, o ...Read More >
Bangalore: BCV Developers Private Limited, part of the Brigade Group, today announced the signing of Hyatt House Bengaluru Devanahalli with Hyatt. Brigade Hotel Ventures Limited (BHVL) had earlier signed with Hyatt for Grand Hyatt Chennai ECR. Brigade Hotel Ventures Limited had signed a management agreement with Hyatt for Grand Hyatt Chennai ECR, a premier beachfront hotel on the scenic southeastern coast of India. With plans to open in 2029, Grand Hyatt Chennai ECR will debut on an expansive b ...Read More >
NEW DELHI: The Ministry of Information and Broadcasting has extended the suspension of Television Rating Points for news channels by another four weeks, keeping the industry in a ratings blackout for a longer stretch. In an order dated March 31, the ministry directed the Broadcast Audience Research Council to continue withholding TRP data "for a further period of four weeks or until further directions, whichever is earlier." This marks the second such directive after an initial four-week pause ...Read More >
New Delhi, Apr 7 (PTI) Housing sales fell 4 per cent annually in the January-March quarter to 84,827 units across eight major cities, driven by high property prices and market uncertainty stemming from the West Asia conflict, according to Knight Frank. Housing Sales stood at 88,361 units in the January-March period last year. Sales of residential properties declined in Mumbai, Delhi-NCR and Pune, but increased in the other five cities -- Bengaluru, Hyderabad, Chennai, Ahmedabad and Kolkata. A ...Read More >
New Delhi: The Ministry of Petroleum and Natural Gas has conveyed that the daily quantity of 5 kg FTL (Free Trade LPG) cylinders allocated to each State for distribution to migrant labourers is being doubled. In its letter to the Chief Secretaries of all states and Union Territories, the Ministry stated that the increase is based on the average daily supply (number of cylinders) provided to migrant labourers during March 2 to 3, and is beyond the earlier limit of 20% mentioned in the Ministry's ...Read More >
New Delhi: The government is considering a Rs 2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to Rs 100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary of the go ...Read More >
She was speaking at an event organised by the NIPFP) here. ShowQuick Read Summary is AI-generated, newsroom-reviewed * India has fiscal space to support sectors hit by the West Asia crisis, says Sitharaman * She said RBI has room to cut interest rates amid global economic challenges * Monetary Policy Committee will announce interest rate stance on Wednesday, the minister said Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Finance Minister Nirmala Sitharaman on Mo ...Read More >
Voting for all the 126 assembly seats in the state will be held on April 9 and counting will be on May 4. Addressing an election rally at Barpeta, the Prime Minister said, "The past 10 years of BJP rule in Assam were to bring peace and harmony, take the state out of difficulties and insecurity and safeguard the state's identity. The coming years will bring more prosperity, self-reliance and make the state recognised all over the world." The PM said during the Congress rule, the minimum support ...Read More >
Foreign Secretary Vikram Misri embarks on a three-day visit to Washington DC starting Wednesday. The trip aims to review the complete range of India-US bilateral relations. Discussions will focus on advancing cooperation in key areas. These include trade, defense, science, and technology. Regional and global developments of mutual interest will also be covered. New Delhi, Foreign Secretary Vikram Misri will undertake a three-day visit to Washington DC beginning Wednesday to review the full spec ...Read More >
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