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Inside Akasa Air's struggles with Boeing delivery delays and idle pilots

The Mumbai-based low-cost airline, Akasa Air, which started operations about three years ago, has a fleet of 27 planes, but has 226 jets - all Boeing 737 MAXs - on order

China's Baidu denies data breach after executive's daughter leaks info

Baidu was thrust into the spotlight last week after online users accused the teenage daughter of Baidu vice president Xie Guangjun of posting personal information of other users

Foreign selling in Indian stocks continues unabated in first half of March

FPIs have sold Indian shares worth $28 billion between October and March, which has triggered a 13 per cent fall in Nifty 50 from record high levels hit on September 27, 2024

US Fed holds interest rates steady amid projected growth slowdown

Taking stock of the Trump administration's rollout of tariffs, Fed officials actually marked up their outlook for inflation this year

US strikes targets in Yemeni capital in retaliation for Houthi attacks

The US began the current wave of strikes on Houthi targets in Yemen last Saturday, killing at least 31 people in the biggest such operation since Trump returned to White House

Saudi Aramco-backed Cognite opens AI services centre in Bengaluru

Cognite makes software that allows companies to improve the operations and safety of industrial installations, such as oil and gas platforms

Google charged with breaching EU rules, Apple told to open up to rivals

The move by the European Commission came amid tensions with US President Donald Trump who has threatened to levy tariffs against countries which impose fines on US companies

Putin wants Trump to recognise all land Russia has taken in Ukraine: Report

Kommersant said that Putin wanted the US to formally recognise the four regions - Luhansk, Donetsk, Zaporizhzhia and Kherson - as part of Russia along with Crimea

Nvidia, Musk's xAI to join Microsoft, BlackRock, MGX to develop AI infra

The group, formed last year with a goal to initially invest over $30 bn in AI-projects, is one of the biggest efforts to bankroll data centres, energy facilities needed to power AI applications

EU proposes cutting steel imports by 15% from April as Trump tariffs bite

European steel producers already battling high energy prices and competition from Asia and elsewhere warn that the EU risks becoming a dumping ground for cheap steel diverted from the US

Attacks on Tesla dealerships rise as Musk takes key role in White House

Attacks on property carrying the logo of Elon Musk's electric-car company are cropping up across the US and overseas

Shot our own drones; suspended attack on Ukraine energy infra, says Kremlin

Kremlin spokesman Dmitry Peskov said that Russia had called off a drone attack on Ukrainian energy infrastructure targets and had shot down seven of its own drones

Oil prices slip as Putin agrees to 30-day halt on energy facility strikes

Russian President Vladimir Putin agreed on Tuesday to stop attacking Ukrainian energy facilities but stopped short of endorsing a full 30-day ceasefire that Trump hoped for

RBI 'passively' absorbing dollar inflows over past sessions, say traders

Inflows related to inter-company borrowings and repatriation of corporate profits are usual in March, the last month of the financial year

IndiGo expects to significantly increase international route seats by FY30

The airline reached its current capacity share in seven years, from 14 per cent in fiscal year 2018

Power-saving optical chip tech will need to wait for wider use: Nvidia CEO

Huang said that he was focused on providing a reliable product roadmap that Nvidia's customers, such as OpenAI and Oracle, could prepare for

Company considering deals as it struggles for growth, says Samsung CEO

The South Korean firm has been suffering from weak earnings and sagging share prices in recent quarters

Morgan Stanley planning to lay off nearly 2,000 employees to trim costs

The reduction of 2 per cent to 3 per cent of the company's workforce, excluding financial advisers, was aimed at improving operational efficiency

Asian stocks muted, gold near record as BOJ holds rates, yen steadies

Rising odds of the Japanese central bank raising interest rates have helped push the yen 5 per cent higher against the dollar

Govt recommends 12% temporary tax on some steel products for 200 days

DGTR has further invited comments on its findings within 30 days, following which there would be an oral hearing before making a final decision