NEW DELHI: The Reserve Bank of India (RBI) is likely to announce a third consecutive 25 basis points (bps) rate cut on June 6, amid easing inflation and global economic uncertainty driven by US tariff actions. With consumer price inflation remaining below the 4 per cent median target, experts believe the move would support growth…
Representative image (AP) At least 12 Ukrainian soldiers are reported dead and over 60 others injured in a Russian missile strike which hit a Ukrainian army training unit on Sunday, according to a statement put out by Ukrainian ground forces in a statement.The strike took place at 12:50pm (local time), said the statement, which stressed…
NEW DELHI: IndiGo‘s CEO Pieter Elbers on Sunday addressed the Turkish Airlines agreement termination deadline of August 31 set by the government.“This is the government’s decision and we will comply with the government’s decision. We have the coming month to find a solution for the customers which were booked,” he said.Further talking about the airlines’…
Intimate videos of journalist Glenn Greenwald were leaked online Friday, quickly sparking widespread reaction across social media. In a statement posted on X, Greenwald confirmed he appears in the footage and said it was released “without my knowledge or consent,” calling the leak “maliciously political.” “As for the content of the videos: I have no…
IndiGo airlines announced on Sunday that it has placed a firm order for an additional 30 wide-body A350 aircraft with Airbus, bringing their total A350 fleet commitment to 60 aircraft.Following their initial firm order of 30 A350 aircraft in April 2023, which included an option for 70 additional planes, IndiGo has now confirmed orders for…
Police set up checkpoints looking for escaped prisoner Grant Hardin (Pic credit: AP) A massive manhunt is underway for a former Arkansas police chief who escaped from prison Sunday, and experts warn the fugitive’s law enforcement background could give him a dangerous edge.Grant Hardin, 56, once the police chief of Gateway, Arkansas, vanished from the…
VinFast Asia CEO Pham Sanh Chau VinFast, the electric vehicle arm of Vietnam’s Vingroup, is preparing a bold entry into the Indian market- setting the stage for direct competition with Tesla. With bookings for its vehicles scheduled to open this month, VinFast is banking on its VF7 and VF6 models to establish itself as a…
Firefighters with breathing apparatus and a ladder truck work at the Marienkrankenhaus hospital in Hamburg, Germany (AP) BERELIN: Three patients were killed and many people were injured, one of them critically, in a fire that broke out overnight at a hospital in the German city of Hamburg, authorities said on Sunday.Firefighters were alerted to the…
Image used for representative purposes British Airways, operating for over a century in India, is set to expand its routes and flight frequencies, while also capitalising on cargo opportunities emerging from the proposed India-UK free trade agreement (FTA), according to Chairman and CEO Sean Doyle.The airline currently operates 56 weekly flights across five Indian cities-…
Iranian foreign minister Abbas Araghchi (AP file photo) Iran’s foreign minister Abbas Araghchi spoke with International Atomic Energy Agency (IAEA) chief Rafael Mariano Grossi early Sunday, amid rising tensions over a confidential UN report that flagged Iran’s growing stockpile of uranium enriched close to weapons-grade levels.In a post on Telegram, Araghchi said he reaffirmed Iran’s…
