Vistara flight cancellation crisis: Amid ongoing protests by Vistara pilots over pay revision, sources revealed that at least 15 senior first officers recently resigned from the airline. Vistara operates around 300 flights daily and has a fleet of 70 aircraft including A320-family planes and Boeing 787s.In recent weeks, the Tata Group-owned airline has faced discontent…
India’s Mission 2047 to be a developed economy: India is setting ambitious goals to transform into a developed economy by 2047, focusing on electric mobility, digital payments, and high-speed expressways, according to officials. Central ministries will soon outline five-year budget plans for better financial management. According to an ET report, the initiatives include producer responsibilities,…
Vistara flight cancellations: Vistara, the joint venture airline between Tata and SIA, faced significant disruptions today, with nearly 50 flights cancelled and substantial delays in over 150 flights across its network. In response, the airline has announced plans to reduce flight operations and deploy wide-body aircraft on domestic routes to manage the backlog of affected…
Centre seeks report after Vistara cancelled, delayed over 100 flights Source link
Stock market today: Investors await the RBI monetary policy announcement, expecting status quo with focus on commentary. US markets saw slight declines due to Fed rate concerns. Rupee strengthened against the dollar. Source link
A popular equities strategy to “buy India, sell China” has reached an inflection point for some investors.Lazard Asset Management, Manulife Investment Management and Candriam Belgium NV are paring exposure to India after a record-breaking rally. They’re pivoting to former favorite China, as Beijing’s support for its economy spurs a recovery in industrial profit and manufacturing.The…
NEW DELHI: The Reserve Bank of India (RBI) announced on Monday that as of March 29, 2024, the total value of Rs 2000 notes in circulation has declined to 8,202 crore. RBI provided this information through a press release.RBI had declared the withdrawal of 2000 denomination banknotes from circulation in May 2023, in pursuance of…
Stock market rally today: The three day winning streak of BSE Sensex has left investors richer by Rs 10.58 lakh crore. Investors have witnessed a significant increase in wealth by Rs 10.58 lakh crore during three days of the market rally, with the BSE benchmark surging over 2 percent and reaching an all-time high on…
GST Collections March 2024: In a boost for the economy, the gross Goods and Services Tax (GST) collections for the month of March came in at the second highest ever level of Rs 1.78 lakh crore. This is an 11.5% year-on-year growth, according to the Ministry of Finance.This increase was primarily fueled by a significant…
Nitin Gadkari’s big vision for no petrol, diesel vehicles in India! Union Minister Nitin Gadkari has said that he aims to transition India into a green economy by reducing GST on hybrid vehicles and ridding the country of 36 crore petrol and diesel vehicles. When asked whether it is possible for India to get rid…
