Spirit Airlines, one of America’s most recognisable low-cost carriers, is ending its journey after more than three decades in the skies, announcing an immediate shutdown. Speaking on Saturday, the airline said that it had begun “an orderly wind-down of our operations, effective immediately,” closing the chapter on a 34-year run that transformed budget travel with…
MUMBAI: InGovern Research has called on the RBI to reject Tata Sons’ application to surrender its financial licence, describing the move as a “strategic manoeuvre to sidestep mandatory listing obligations” and to order the company to list on domestic exchanges by March 2027.InGovern argued that the application, filed in March 2024, is “dead on arrival”…
NEW DELHI: With consumption at 154 billion units in April, power consumption in India witnessed over 4% year-on-year growth compared to the same period in 2025.Though peak power demand broke the all-time high record, officials said subdued temperatures during the first 10 days of month due to spells of rain in parts of the country…
Jane Street Group’s journey to the top of Wall Street has been a lucrative ride for its workforce. The firm doled out $9.38 billion in compensation last year — more than double the amount in 2024 — as the market maker vaulted past its biggest Wall Street rivals, according to people familiar with the matter…
Elon Musk sparred with lawyers for a third day Thursday at his California trial against OpenAI, struggling to explain why his own for-profit AI empire differs from the one he is trying to take down.“Few answers are going to be complete, especially when you cut me off all the time,” the visibly irritated multi-billionaire said…
MUMBAI: RBI governor Sanjay Malhotra on Friday called for Indian banks to emerge as market-makers in offshore markets, urging a more active global role for domestic lenders as the central bank seeks to shift rupee price discovery onshore, speaking at the FIMMDA-PDAI Annual Conference in Amsterdam.Noting that Indian banks deal only with offshore market makers…
Air India currently operates about 1,100 daily flights. With Aviation Turbine Fuel (ATF) prices surging, Air India is set to reduce its operations by nearly 100 flights a day across both domestic and international networks.The carrier currently operates about 1,100 daily flights. The most significant reductions are expected on routes connecting India with Europe, North…
2025 కొత్త సంవత్సరం కేంద్రంలోని మోదీ ప్రభుత్వ గ్యాస్ సిలిండర్ వినియోగదారులకు రిలీఫ్ అందించింది.తాజాగా కమర్షియల్ ఎల్పీజీ గ్యాస్ సిలిండర్ ధర రూ.14-16 తగ్గింది. 19 కిలోల కమర్షియల్ గ్యాస్ సిలిండర్ ధరలపై కంపెనీలు ఈ తగ్గింపు వర్తిస్తుంది. NEW DELHI: State-owned oil marketing companies (OMCs) on Friday announced a nearly 50% increase in commercial LPG cylinder rates, while keeping the prices of domestic LPG, petrol,…
NEW DELHI: Desperate times call for desperate measures. Full service Air India is planning to make meals optional on its domestic and short international (under two hour) flights. Once this “unbundling” rolls out in the next month or two, passengers opting out of meals could have upwards of Rs 250 shaved off their ticket price….
The clause allows relief in extraordinary circumstances beyond human control, such as war, and frees parties from contractual liability NEW DELHI: The West Asia conflict should be treated as a “war” to invoke the ‘force majeure’ clause in public contracts where obligations have been impacted by disruptions, the finance ministry has said.It has allowed govt…
