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Lessors seek deregistration of 23 Go First planes to secure their assets.

Nidhi Mishra -
On Thursday, lessors urged the Directorate General of Civil Aviation (DGCA) to deregister 23 Go First aircraft. They wanted to secure their assets before...
Bank

Safeguards for project-wise insolvency in real estate on the cards

Nidhi Mishra -
Government sources reported on Monday that the Ministry of Corporate Affairs (MCA) is attempting to implement certain "speed breakers" to prevent the possible misuse...
Bank

Zomato rises 4%, hits 5-month high; stock surges 28% in one month.

Nidhi Mishra -
Zomato, the Indian food delivery company, has seen its stock prices rise to a five-month high of Rs 66.05, gaining 4% in intra-day trade...
Business

India’s exports may hit $900 bn despite global headwinds in FY24.

Nidhi Mishra -
India's exports of goods and services are predicted to reach $900 billion in the current financial year, according to the Federation of Indian Export...
Stock Market

HDFC Q4 net profit is up 19.5%, and an interim dividend of Rs 44 per share declared

Nidhi Mishra -
On Wednesday, the Housing Development Finance Corporation (HDFC) announced a 19.5% increase in its net profit to Rs 4,425.5 crore for the quarter ending...
Business

WTO ruling against India in tech tariffs dispute with European Union

Nidhi Mishra -
A senior Indian official has stated that India will retaliate against the European Union (EU) if the trade bloc invokes its domestic law to...
Bank

Pratt & Whitney’s engine woes cost Go Air 47 years of flying time.

Nidhi Mishra -
Faults with engines supplied by Pratt & Whitney forced Go Airlines India Ltd., a budget carrier, to keep its brand-new Airbus SE jets on...
Business

US Fed decides unanimously to hike key benchmark rates by 25 bps.

Nidhi Mishra -
On Wednesday, the US Federal Reserve raised interest rates by 25 basis points (25 bps) or 0.25 percent as widely expected and hinted that...
Bank

Indian-origin Ajay Banga confirmed as next president of World Bank.

Nidhi Mishra -
On Wednesday, the World Bank’s board of governors elected former Mastercard CEO Ajay Banga as president for a five-year term. Banga, an Indian-born finance...
Bank

Indian banks immune from liquidity crisis in West: Govt officials

Nidhi Mishra -
The government is keeping a close watch on the banking crisis in the West but says India will not be affected as it strengthened...
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