India’s monetary authority stepped up efforts to curb speculation against the battered rupee, restricting lenders from offering certain offshore foreign exchange derivative contracts, just days after it clamped down on banks’ local currency limits. Source link
Interested in Commercial Aviation/Business Aviation? Unlock exclusive news such as “US’s Fly Alliance eyes India launch, San Marino AOC due May” today! Source link
The Kazakhstani tennis player, seeded No. 1 in the tournament, faced India’s Danika Fernando in her opening match. Considered the favorite, Kulambayeva wrapped up the match in just over an hour with a convincing 6:3, 6:0 victory. She will next face another home player, Saumya Ronde, for a place in the quarterfinals. Kulambayeva has now…
In December, the carrier cancelled about 4,500 flights, leaving thousands of passengers stranded at airports across India. IndiGo controls about two-thirds of the country’s domestic aviation market, so the inconvenience caused by the disruptions was huge. Thousands of people missed important life events, including funerals and their own weddings, and were left scrambling to make…
Seeking to strengthen its position in the Indian flexible packaging market, Siegwerk has signed a definite agreement to acquire Hi-Tech Inks, a move said to make the combined business ‘the largest player in the country’ with a market share of over 20%. Siegwerk says that Hi-Tech Inks will add solvent and water-based inks, metallic and…
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The biggest shock to India’s currency market in years is set to worsen as banks prepare to unwind billions of dollars more in arbitrage trades. Source link
The Catholic Church has welcomed India’s revised climate targets for 2035, which aim to reduce emissions intensity, increase the share of non-fossil-fuel-based electricity, and improve its forest and tree cover. Bishop Allwyn D’Silva, chairman of the Catholic Bishops’ Conference of India (CBCI) Office for Environment and Climate Change, noted that the updated plan aligns with…
Indian oil companies hike price of commercial liquefied petroleum gas (LPG) cylinders LPG is widely used in cooking across the hospitality sector Jet fuel prices reach a record high amid the energy crisis due to the Iran war Government intervenes to stagger the rise in jet fuel price for domestic flights India kicks off population…
NEW DELHI: A suspected explosion has been reported outside the office of the Punjab BJP in Chandigarh, prompting a response from security agencies.Security officials have since launched an investigation and have cordoned off the adjoining area.Investigation, so far has revealed that a crude explosive of low intensity exploded outside the office.The sounds were heard around…
