New Delhi : Holding that nobody should maintain a stubborn stand, Civil Aviation Minister Ajit Singh on Friday said if the striking Air India pilots returned to work, the government was willing to discuss all issues with them. “It is not an issue of being stubborn. We are going to take a long-term view. If […]
New Delhi : The Reserve Bank of India (RBI) has asked foreign exchange earners, including exporters to convert 50 percent of their retained foreign exchange earnings into the rupee currency. In a notification issued from Mumbai yesterday, the RBI has revised the rules regarding Exchange Earner’s Foreign Currency – EEFC Account. The notification informs exporters […]
Mumbai : The BSE benchmark Sensex fell by nearly 74 points in early trade on Friday on selling by funds and retail investors ahead of industrial output data amid a mixed trend on Asian bourses. The 30-share barometer, which had lost almost 493 points in the previous three sessions, fell further by 73.99 points, or […]
New Delhi : Crisis-hit Air India on Thursday stopped bookings for the US, Canada and Europe-bound flights till May 15 as it sacked nine more pilots on day three of their agitation which led to cancellation of over 20 flights and left hundreds of passengers fuming. With over 200 pilots owing allegiance to the Indian […]
Mumbai : Erasing initial gains, the BSE benchmark Sensex on Thursday fell for the third straight day as it lost nearly 60 points with auto and metal stocks leading the fall amid a weakening global trend. The Sensex, which shed 433 points in the last two sessions, fell further by 59.53 points, or 0.36 per […]
Bangalore : A section of Kingfisher pilots have decided not to fly from tonight to protest “backtracking” by the management on its “assurance” of remitting their January salaries from 9th May, a move which is likely to compound the woes of fliers already hit by the ongoing stir by AI pilots. “The management had said […]
Mumbai : Crude was down in Asia on Thursday as a sharper-than-expected US stockpile gain further spooked nervous investors already shaken by worries over the eurozone, analysts said. New York’s main contract, light sweet crude for delivery in June, dipped eight cents to USD 96.73 per barrel and Brent North Sea crude for June delivery […]
Mumbai : The BSE benchmark Sensex recovered by over 151 points in early trade on Thursday, after witnessing two sessions of losses, on emergence of buying at prevailing attractive levels by funds as well as retailers. The 30-share barometer, which had lost over 433 points in the previous two sessions to hit four-month low, rebounded […]
New Delhi : Over 20 Air India flights were cancelled on Thursday from Delhi and Mumbai as the agitation by the protesting pilots entered the third day. Despite the Delhi High Court declaring their stir as illegal, the pilots remained defiant and said the agitation would continue till their demands were met. “Three international departures […]
Mumbai : Falling for the second straight day, the BSE benchmark Sensex on Wednesday fell by nearly 67 points to close at a fresh four-month low on heavy funds outflow amid weak global trends. The 30-share Sensex, which had lost 366 points in the previous session, fell further by 66.60 points, or 0.40 per cent […]
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