Business

DGCA issues show-cause notice to SpiceJet

DGCA issues show-cause notice to SpiceJet

July 6, 2022

The Directorate General of Civil Aviation, the aviation regulator of India, has issued a show-cause notice to SpiceJet asking the low-cost airline about the series of safety-related and operational incidents that have occurred with the airline’s operations over the past few wee...

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Safety Incidents in SpiceJet Aircraft

Safety Incidents in SpiceJet Aircraft

July 6, 2022

Low cost carrier SpiceJet has been hit by a series of safety related incidents, with alarming increase in frequency over the last few months. On July 5, two of its aircraft were forced to go in for emergency landing due to safety-related incidents. Here are some of the incidents ...

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79 pc domestic air travellers say airlines compromise on comfort

79 pc domestic air travellers say airlines comprom...

May 29, 2022

With the rise of several complaints by many passengers towards the Indian airlines, LocalCircles, one of the community social media platform in India has conducted a survey regarding the experiences of these passengers. After a quick enquiry, the Director General of Civil Aviatio...

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Hustlers Hospitality takes 31 pc stake in My Cloud Kitchen

Hustlers Hospitality takes 31 pc stake in My Cloud...

May 24, 2022

Hustlers Hospitality, an organised and profitable cloud kitchen franchise of India, has bought a 31 pc stake in My Cloud Kitchen which is one of India’s largest cloud kitchen consulting firms offering end-to-end support to aspiring food entrepreneurs with core services like...

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Investors’ dream turns sour as LIC shares crash on market debut

Investors’ dream turns sour as LIC shares crash ...

May 17, 2022

The highly awaited listing of India’s largest insurance firm and public sector financial services giant Life Insurance Corporation of India (LIC) disappoints as largest IPO in Indian history debuts with 8.62 pc crash. After touching a high of INR 920 within moments of opening, ...

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India turns to King Coal again as heatwaves lead to power demand surge

India turns to King Coal again as heatwaves lead t...

May 16, 2022

Last week, Indian government said it was reviving mining from 100 coal mines that had been shut down earlier as they were not financially viable. However, with a severe coal shortage looming large over the country, leading to a massive mismatch between power demand and supply jus...

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EU-India FTA: Need of the hour

EU-India FTA: Need of the hour

April 22, 2022

The flurry of visits by international leaders to New Delhi seems to be getting even more exciting. British Prime Minister Boris Johnson has been hogging the limelight with his rather unsubtle images during his visit to India and one can expect that to continue as the maverick lea...

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Unbridled inflation in India continues to race ahead

Unbridled inflation in India continues to race ahe...

April 18, 2022

Few would have been surprised by the news today that inflation in India has risen again in March, because it was expected that inflation would keep rising. But what caught most analysts and bankers off guard was the extent to which inflation had raced ahead as the government says...

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Despite rising inflation, RBI holds interest rates at lowest-ever

Despite rising inflation, RBI holds interest rates...

April 9, 2022

The Monetary Policy Committee of the Reserve Bank of India that ended its two-day meeting on Friday has decided to keep the repo and reverse repo rates at 4 pc and 3.5 pc respectively, the lowest-ever levels for both the benchmark rates. The decision was taken even as the MPC and...

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Repair, not replace: Key to tackling climate change

Repair, not replace: Key to tackling climate chang...

March 29, 2022

Thirungia region in Germany is offering residents up to 100 Euros for not throwing away their smartphones, but repair them and continue to use them. Similar repair bonus is also available for other consumer electronic items like laptops and domestic appliances. The scheme is soon...

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