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BOEING FINES IMPACT
Boeing paid $3.1 million fine to FAA over widespread safety violationsBoeing paid a $3.1 million fine to the FAA this year for safety violations. These violations included actions tied to the 2024 Alaska Airli...
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitionsIndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on ...
Currencies on guard ahead of major central bank decisions, US data releasesMajor currencies are steady as investors await central bank decisions this week. The Bank of Japan is expected to raise rates. The Bank of ...
Air India warned for flying Airbus planes with unchecked escape slidesThe Directorate General of Civil Aviation in India has put Air India on notice for breaching critical safety protocols. Reports indicate th...
Bank of England cuts rates to 4.25% as it sees tariff hit to growthThe Bank of England reduced interest rates to 4.25% amidst a divided Monetary Policy Committee, influenced by concerns over U.S. tariffs an...
Bank of England set to hold rates with bond sales in spotlightThe Bank of England is expected to keep interest rates unchanged as it monitors inflation risks. Attention shifts to its decision on bond s...
SpiceJet makes shocking revelation of not paying ₹350 crore in TDS and PF of employeesSpiceJet, facing severe financial strain, has admitted to not paying Rs 220 crore in TDS and Rs 135.3 crore in PF dues from April 2020 to A...
Boeing to make design changes to prevent future 737 MAX 9 door panel blowoutBoeing plans to make design changes to prevent future mid-air cabin panel blowouts, similar to the one in an Alaska Airlines 737 MAX 9 flig...
Bank of England cuts rates from 16-year high by a quarter point to 5%The Bank of England (BoE) has cut interest rates for the first time in four years, following a close 5-4 vote by its policymakers. The cent...
Bank of England keeps interest rate unchanged at 5.25% ahead of UK electionThe BoE's Monetary Policy Committee voted 7-2 to keep rates on hold, in line with economists' expectations in a Reuters poll. Deputy Govern...
Asian stocks rise on tech rally, Fed rate cut wagersAsian shares rose to a three-week high driven by tech stock rally as the dollar struggled post soft U.S. retail sales data, hinting at pote...
Boeing's latest MAX problem creates more headache for airlinesA cabin blowout at 16,000 feet and the grounding of over 170 Boeing jets amplify airlines' frustrations with the planemaker's safety and su...
Bank of England readies what may be its final rate hikeAll but one of 65 economists polled by Reuters in recent days predicted the BoE will raise Bank Rate to 5.5% on Thursday from 5.25%, which ...
RBI Policy Preview: Will MPC deliver the final rate hike on Thursday?The recent global developments will weigh heavily during the policy decision making by the MPC. The G3 central banks have delivered as per ...
SpiceJet fined Rs 10 lakh for training 737 Max pilots on faulty simulatorThe Directorate General of Civil Aviation (DGCA) had last month barred 90 SpiceJet pilots from operating the Max aircraft after finding the...
Airbus sees stable aircraft deliveries after 2020 lossAirbus, which has overtaken U.S. rival Boeing to become the world's largest jetmaker after a 20-month safety grounding of the Boeing 737 MA...
need2know: Eight things before you hit D-StreetAir India is drawing up a proposal to offer voluntary buyouts to just over a third of its 40,000 employees.
Spicejet may look at dreamliners, long-haul overseas operations: Ajay SinghSmart, aggressive negotiations have been a cornerstone of Ajay Singh’s turnaround strategy for SpiceJet and the latest deal was no differen...
Business of politics: A non-political governor for RBI is what Modi govt needs for image boosterOf course, GST is a big thing and it is one of the most path-breaking and structural tax reforms. But in our view, it is more of a long-ter...
US investors welcome Modi government's maiden BudgetThe maiden Budget of the Modi government has been hailed by American experts and the corporate sector.