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Economy
Ex-Turkish Airlines Chief declines Air India’s CMD position
New Delhi: Ex-Turkish Airlines head Mehmet Ilker Ayci, who was named as the new Air India CEO-MD, has declined the position.
A Tata Group Spokesperson confirmed the development to IANS.
However, no reason was given for Ayci's decision.!-->…
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Being forced to bid adieu the company I founded: Ashneer
New Delhi: Ending months-long saga that kept the fintech platform BharatPe in headlines for all the wrong reasons, its Co-founder and Managing Director Ashneer Grover has finally quit minutes after receiving the agenda for upcoming Board!-->…
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‘Yogi’ fraud: Subramanian’s ‘missing’ laptop in focus, officials…
Contacted by IANS, the officials were tight-lipped yet revealed that they were trying to get new facts.
Sources privy to the probe conveyed that the CBI is currently working on two lines - they are trying to recover a laptop which was!-->…
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India’s airlines to operate special flights to bring back stranded Indians
New Delhi: India's domestic airlines will operate special flights to Romania and Hungary to evacuate Indian nationals stranded in war-hit Ukraine.
SpiceJet, IndiGo and Air India Express will operate these special flights to bring back!-->…
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Third Covid wave subdues India’s Jan core sector growth sequentially
New Delhi: Covid's third wave subdued India's eight core industries' production in January 2022 on a sequential basis, official data showed on Monday.
The growth rate of the eight major industries in January 2022 rose to 3.7 per cent!-->…
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Price pressures subdue India’s Q3FY22 GDP growth sequentially, lowers FY22 forecast
New Delhi : Commodity cost pressure, as well as high base effect, subdued India's Q3FY22 GDP growth rate on a sequential basis, thereby, lowering the 2021-22 growth forecast to 8.9 per cent.
Besides, a marginal rise in manufacturing and!-->…
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Volvo stops all production and sales in Russia due to sanctions
New Delhi : Swedish truck maker AB Volvo has stopped all production and sales in Russia due to sanctions over Moscow's military operation in Ukraine, the company announced on Monday, RT reported.
Spokesman Klaas Eliasson told Swedish!-->…
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Amul increases rates by Rs 2/litre from March 1
New Delhi : Milk and milk products giant Amul on Monday announced an increase, by Rs 2 per litre, in milk rates for metro market - Delhi NCR, Ahmedabad, Mumbai and Kolkata - with effect from Tuesday.
This is the second time that the!-->…
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Paytm’s ESOP resolutions receive full approval from shareholders
New Delhi : New-age technology companies world over invest a considerable sum in hiring and retaining valuable talent with ESOPs being the most preferred route. ESOPs are granted to key employees in order to reward and retain them and to!-->…
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India’s FY22 GDP now expected to grow at 8.9%
New Delhi : India's economy is estimated to clock a real GDP growth of 8.9 per cent in FY22 down from the earlier estimate of 9.2 per cent, official data showed on Monday.
In 2020-21, India's economy had contracted by 6.6 per cent.
On!-->…
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