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AVIATION CRISIS
Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...- India's MICE sector to grow by 12-14 pc annually for next 3-5 years: NIMAThe MICE sector in India is set to experience an annual growth of 12-14 percent over the next five years. Meanwhile, destination weddings a...
- India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
- India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
- In 1984, a 80,000-ton US Navy aircraft carrier hit a Russian nuclear attack submarine moving at 15 knots in the Sea of Japan amid fears of World War 3In 1984, the US aircraft carrier USS Kitty Hawk collided with the Soviet nuclear-powered submarine K-314 in the Sea of Japan during a tense...
- N Chandrasekaran: From TCS trainee to Tata titan, the Ratan Tata pick signs offN Chandrasekaran resigned as Tata Sons chairman, ending his nearly decade-long tenure, with his term set to expire in February 2027. His re...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 23%Market breadth (always a better indicator of the underlying sentiment) has remained positive for a few trading sessions in a row. This is w...
- Tewolde Gebremariam: The storied career of Air India's new helmsman and the tough India test that awaits himTewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises...
- The airline builder: Meet Tewolde Gebremariam, the Ethiopian aviation veteran tasked with flying Air India into its next eraTewolde Gebremariam, a respected turnaround specialist, now leads Air India. He previously transformed Ethiopian Airlines into Africa's lar...
- LPG price cut today: Commercial cylinders cheaper by over Rs 200 in Delhi & Kolkata; domestic rates remain unchangedLPG Price August 2026: From August 1, the prices of 19-kg commercial LPG cylinders have been reduced by up to Rs 209, bringing relief to re...
- As Iran war rages on, US takes a massive hit far from the battle ground; loses nuclear supercarrier USS NimitzAmerica's first nuclear supercarrier, USS Nimitz, is preparing for deactivation in March 2027. This iconic warship has served the US Navy f...
- Regime change? Inside Reza Pahlavi's faltering bid to lead IranReza Pahlavi, the exiled son of Iran's last shah, is facing growing questions over his leadership ambitions despite years of campaigning fo...
- Domestic air passenger traffic to rise by 3-6 pc in this fiscal: ICRAThe domestic air travel sector is projected to see a growth of three to six percent in the current fiscal year, while Indian airlines may e...
- CCI anti-trust probe: IndiGo proposes steps to address competition concerns during large-scale disruptionsIndiGo has proposed crisis management measures to the Competition Commission of India. The airline will establish a dedicated grievance red...
- West Asia conflict: Indian airlines cancelled 26,000 international flights due to airspace curbs till July 20Indian airlines have cancelled approximately 26,000 international flights until July 20. The US-Iran conflict has caused significant airspa...
- The ports that move global trade are going electricPorts worldwide are quietly embracing electrification for their operations. Many large gantry cranes are now grid-powered, and smaller ones...
- India weighs letting airport owners Adani, GMR run own airlines to curb duopolyIndia is discussing a policy shift to permit airport operators to own airlines. This change could allow Adani Group and GMR Airports to est...
- Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
- RIL's Q1 operational revenue hits milestone with 25% YoY jumpReliance Industries saw a twenty-five percent profit drop in the June quarter. Revenue from operations increased twenty-five percent, cross...
- SpiceJet lessors seek to take back 4 planes; airline says deregistration will save costsLessors have asked DGCA to deregister four SpiceJet Boeing 737-8 MAX aircraft. These planes have remained non-operational for a prolonged p...
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