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  • Domestic Air Traffic Rises 10 Pc, In October: DGCA Data

    Indian airlines carried 1.14 crore passengers in October, 10 per cent higher than the number of people flown in September. Data released by the Directorate General of Civil Aviation (DGCA) on Tuesday showed that domestic air traffic jumped nearly 27 perIndian airlines carried 1.14 crore passengers in October, 10 per cent higher than the number of people flown in September. Data released by the Directorate General of Civil Aviation (DGCA) on Tuesday showed that domestic air traffic jumped nearly 27 per

  • Fed At Last Meeting Saw Few Signs, That Inflation Was Easing

    Federal Reserve officials at their last meeting saw “very few signs that inflation pressures were abating” before raising their benchmark interest rate by a substantial three-quarters of a point for a fourth straight time. Rising wages, the result of a strongFederal Reserve officials at their last meeting saw “very few signs that inflation pressures were abating” before raising their benchmark interest rate by a substantial three-quarters of a point for a fourth straight time. Rising wages, the result of a strong

  • Canara Bank Launches Electronic Bank Guarantee

    Canara Bank ushered in a new dawn of digital banking on its 117th Founder’s day, with issuance of an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL). Bank now offers an API based digital workflow of BankCanara Bank ushered in a new dawn of digital banking on its 117th Founder’s day, with issuance of an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL). Bank now offers an API based digital workflow of Bank

  • Power Workers Hold Rally, To Protest Against Electricity Amendment Bill

    Thousands of power sector workers from different states held a massive rally on Wednesday at Jantar Mantar here to protest against Electricity (Amendment) Bill 2022, All India Power Engineers Federation (AIPEF) said on Wednesday. The rally was held under the ageisThousands of power sector workers from different states held a massive rally on Wednesday at Jantar Mantar here to protest against Electricity (Amendment) Bill 2022, All India Power Engineers Federation (AIPEF) said on Wednesday. The rally was held under the ageis

  • India Among Fastest Growing Economies, In Asia Amid Global Slowdown: OECD

    India, with a growth rate of 6.6 per cent in this financial year, is among the fastest growing economies in Asia amid a global slowdown triggered by a massive energy shock due to the ongoing Russia-Ukraine conflict, the OECD said onIndia, with a growth rate of 6.6 per cent in this financial year, is among the fastest growing economies in Asia amid a global slowdown triggered by a massive energy shock due to the ongoing Russia-Ukraine conflict, the OECD said on

  • FTX Lawyer: ‘Substantial Amount’ Of Assets, Has Been Stolen

    Lawyers for FTX disclosed Tuesday that a “substantial amount” of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back. The admission came during FTX’s firstLawyers for FTX disclosed Tuesday that a “substantial amount” of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back. The admission came during FTX’s first

  • China Anti-Virus Curbs Spur Fears, Of Global Economic Impact

    More than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is rising, the government said on Tuesday, adding to pressure on officials who are trying to reduce economic damage by easing controlsMore than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is rising, the government said on Tuesday, adding to pressure on officials who are trying to reduce economic damage by easing controls

  • Removal Of Export Duty To Help Steel Makers Pull, Up Profits, Say Experts

    The removal of export duty on steel products will help the domestic metal producers pull up their profits with now having the freedom to explore overseas markets as well, experts said. The government has cut the export duty on steel productsThe removal of export duty on steel products will help the domestic metal producers pull up their profits with now having the freedom to explore overseas markets as well, experts said. The government has cut the export duty on steel products

  • S&P Upgrades Axis Bank Rating, On Improving Asset Quality

    S&P Global Ratings on Tuesday upped its credit rating on Axis Bank with a stable outlook on expectations that the private sector lender will maintain good asset quality over the next two years. The US-based agency said India’s robust economic growthS&P Global Ratings on Tuesday upped its credit rating on Axis Bank with a stable outlook on expectations that the private sector lender will maintain good asset quality over the next two years. The US-based agency said India’s robust economic growth

  • Holding Off Relaunch, Of Twitter’s Blue Verified: Elon Musk

    Twitter’s new owner Elon Musk has said the social media company is holding off the launch of a new system of issuing verified badges to users and could use different “colour checks” for authenticating organisations and individuals. In the days followingTwitter’s new owner Elon Musk has said the social media company is holding off the launch of a new system of issuing verified badges to users and could use different “colour checks” for authenticating organisations and individuals. In the days following