The incident also caused significant damage inside the cabin Air India on Friday said it had terminated the employment of the Pilot-in-Command of its Phuket-Delhi flight after he tested positive for a psychoactive substance.“The Pilot-in-Command of the Phuket-Delhi flight tested positive for a psychoactive substance. In line with Air India’s zero-tolerance approach to violations of…

Wall Street inches higher as oil prices ease, inflation data calms markets US stocks moved higher on Friday as a retreat in oil prices helped ease some of the pressure on markets, and fresh inflation data came broadly in line with expectations.The S&P 500 gained 1%, putting the index on course to end a four-day…

MUMBAI: Markets regulator Sebi on Saturday proposed to make some changes to the recently introduced Closing Auction Session’s (CAS) timings and to the derivatives pricing mechanism. Launched on Aug 3, CAS had created controversy in the market with traders and investors pointing out that it increased volatility in stock prices and index values.Last week, Sebi…

The ministry has identified 60 priority corridors for electrification NEW DELHI: Govt wants automakers to take greater responsibility for fixing gaps in India’s electric vehicle EV charging network. Speaking at Siam’s annual session, Kamran Rizvi, secretary, ministry of heavy industries, said nearly half of mapped charging stations were non-functional, underscoring a major consumer pain point…

Rupee falls 10 paise to 94.66 against US dollar as crude nears $98 Rupee remained under pressure in early trade on Tuesday, slipping 10 paise to 94.66 against the US dollar as rising crude prices and geopolitical tensions in the Middle East weighed on investor sentiment.The currency had opened at 94.49 against the dollar at…

Semicon 2.0: Government bets on advanced chips, talent NEW DELHI: India plans to train one lakh semiconductor design engineers over five years under Semicon 2.0, as govt looks to build a deeper talent pool alongside its push into advanced chip technologies and manufacturing. The skilling push builds on the first phase of the programme, under…

The dispute was not about the eligibility for the chit prize or whether the claimant had won the bid. Won a chit prize but the payout is delayed? A Telangana consumer commission has upheld an order against Kapil Chits after holding the company responsible for delaying the payment of a Rs 15 lakh chit prize…