Airbus Doubles Investment Citing India’s Aviation Needs
The managing director and President of Airbus India and South Asia, Remi Maillard, said that India will need more than 2840 planes, 41,000 pilots and 47,000 support staff in the next 20 years due to the growth of the Indian Aviation Industry. The MD made these remarks while attending an aviation conclave and exhibition at…
Shipra Prajapati
Top News From Asian Financial Landscape
A lot is happening in Asia right now, from pirate attacks on ships to integrating AI into new applications. Dive into our weekly news round-up dedicated to the Asian financial landscape to stay up-to-date with the latest news. Risks At The Red Sea Might Push Oil Prices Up The recent violence in the Red Sea…
John David
The Post Office Scandal Explained! UK’s Biggest Scam Â
One of the most significant miscarriages of justice in the history of the United Kingdom involves the wrongful conviction of hundreds of Post Office workers. This unfortunate incident, caused by faulty software, has gained widespread attention after being depicted in television docudrama, leading to calls for justice. In response, UK police have initiated a fraud…
Aman Goyal
DGCA Releases New SOP Amid Delayed And Cancelled Flights
Due to heavy fog in Delhi, many flights were delayed and eventually cancelled. This caused the passengers many difficulties. Passengers demanded answers for the delayed flights and the lack of facilities provided to them. The matter got heated up when a video of a passenger surfaced where he attacked the pilot of an Indigo flight…
Vipin
Elon Skips Gujarat Summit But Tesla Welcome To Invest
Gandhinagar, Gujarat is set to host the 10th annual Vibrant Gujarat Summit from 10 Jan 2024 to 12 Jan 2024. Delicacies from many countries are attending this summit. However, one of the biggest guests and the CEO of Tesla Automotive has confirmed that he will not be attending the summit, a senior government official disclosed….
Vertiv Successfully Launches Manufacturing Facility
Vertiv, a US-based provider of cooling solutions, critical digital infrastructure, and continuity solutions, successfully inaugurated its 3rd state-of-the-art manufacturing facility in Chakan, Pune. The facility’s sole purpose is to meet the increasing demands for data centres and supports rapidly growing infrastructure in India. According to the company, this is Vertiv’s 3rd manufacturing facility in India,…
Oil Rates Climb $2 Amid The Ongoing Conflict In West Asia
Recently, the war between Israel and Palestine has disrupted the international supply chain. The most affected trade is the oil trade, which has been uncertain since the war started. To add to the trade disruption, oil prices rose $2 per barrel on Tuesday to $78.12. The reason for this is the ongoing war and the…
India-Maldives Conflict: Why Tension is Mounting?
The Maldives is experiencing a boycott from its significant source of tourism revenue due to three of its officials making derogatory remarks about India’s Prime Minister, Narendra Modi. This has led to calls from Indian citizens and celebrities to avoid visiting the sun-soaked Maldives and opt for domestic beaches instead. The issue arose when Modi…
Himanshu
TN Global Investors Summit: Tata Power To Invest ₹70,000 Crore
In a bid to increase the green energy production in Tamil Nadu, Tata Power has vowed to invest ₹70,000 crore in the state. Tata Power made the announcement at the recently held Tamil Nadu Investor Meet 2024. This investment can very well be the biggest single investment by Tata Power in any state. Tata Power…
Yash Sharma
RBI Estimates India’s Annual Growth At 7% For FY2023-24
The Reserve Bank of India has estimated that the growth rate of India’s GDP in the fiscal year 2023-24 will be around 7%. Previously, the predicted growth was at 6.5%. The Indian economy grew more than expected, with 7.6% growth in the quarter ending in September and then recorded a growth of 7.8% in the…
