India and Russia sought to rebalance trade, which heavily favored Moscow, by discussing bilateral payment mechanisms and reducing barriers for Indian products like pharmaceuticals and […]
Category: Business
Goods exports decline for 1st time in 4 months
India’s trade deficit grew to $23.5 billion in July as exports declined 1.4% to $34 billion, mainly due to a drop in petrol, diesel, and […]
Core US inflation eases a fourth month, sealing Fed rate cut
In July, the core consumer price index in the US rose 3.2% from a year ago, marking a four-month decline in underlying inflation. Monthly, it […]
Cabin pressurisation snag: AI London-bound flight returns to Mumbai 3 hours after take off
An Air India Boeing 777 from Mumbai to London experienced a cabin pressurisation issue shortly after takeoff and returned to Mumbai. The aircraft landed safely, […]
New bank locker rules: Amendments to nomination rule for bank lockers, deposits proposed – here’s what you should know
Banking Laws (Amendment) Bill, 2024: When there are multiple simultaneous nominees, the nomination will be effective in a predetermined proportion. In the case of successive […]
Why Indian Railways is unlikely to go for aluminium-bodied Vande Bharat trains
Indian Railways has nixed plans for aluminium-bodied Vande Bharat trains due to high costs and lack of domestic expertise. Future focus aims at cost-effective sleeper […]