Business

Developing countries ignoring cryptocurrency at their own risk: UN

Developing countries ignoring cryptocurrency at th...

August 17, 2022

Despite the warnings by the Reserve Bank of India about cryptocurrencies and the ambivalent response of the Indian government towards cryptocurrencies, a large number of Indians have already acquired these digital assets, says a report by the United Nations. The United Nations Co...

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Calls to boycott Chinese product hurt India more than China

Calls to boycott Chinese product hurt India more t...

August 11, 2022

A news report says that a chartered flight China Southern Airlines with 107 Indian traders on board left from New Delhi and landed in Hangzhou, the capital of Zhejiang province on Tuesday. The report goes on to say that this particular group was the largest group of Indians to ha...

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GST levy to hinder recovery for budget hotels, says GlobalData

GST levy to hinder recovery for budget hotels, say...

July 18, 2022

The decision by the Goods and Services Tax (GST) Council to impose 12 pc tax on small hotels and lodging establishments that charge room rent up to INR 1000 a day has come in for sharp criticism by not only the hospitality industry, but also by major travel industry bodies like T...

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Aviation industry pins hopes on Farnborough 2022 for revival

Aviation industry pins hopes on Farnborough 2022 f...

July 17, 2022

Though global civil aviation has been returning to normalcy for the past few months, after an unprecedented slowdown due to the outbreak of Covid-19, in many ways it is Monday that marks the return to things as they were before the pandemic as Farnborough Air Show returns in its ...

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Nir-Or displays LAD for glass cockpit at the Farnborough Airshow

Nir-Or displays LAD for glass cockpit at the Farnb...

July 12, 2022

Nir-Or, a subsidiary of IMCO Industries Ltd. will unveil the next generation of Large Area Display (LAD) 20″ X 8″ for glass cockpit at the Farnborough International Airshow, that opens on July 18 in the United Kingdom. Nir-Or is a leading system integrator with a spec...

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Eid al Adha: Economic crisis, inflation diminishes appetite for goats

Eid al Adha: Economic crisis, inflation diminishes...

July 10, 2022

Each year, for about a month before Eid al Adha or Bakrid, a large market springs up near Jama Masjid, with scores of small tents covering a large field and a number of bleats, almost in chorus, ring through the air as thousands of goats are lined up there. The goats are of vario...

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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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