Air India’s $10 billion insurance may sail through in war-hit market
MUMBAI: Air India is likely to get its $10-billion fleet insurance programme renewed next week without a major increase in premium despite a hard reinsurance market. War rates for aviation insurance h ...
Fed’s Kashkari: Banking stress brings US closer to recession
WASHINGTON: Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the US closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to C ...
Over 23,000 techies lose jobs in nearly 82 Indian startups to date
NEW DELHI: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the media reported.Accordin ...
Akasa Air to hire nearly 1,000 people by March 2024
NEW DELHI: Akasa Air plans to hire nearly 1,000 people and take the total staff strength to more than 3,000 by the end of March 2024 as the airline continues to expand its fleet as well as routes, acc ...
How US Federal Reserve’s decision to raise rates may impact India
NEW DELHI: The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turm ...
Adani Airports to bid for more airports in India: CEO Arun Bansal
NEW DELHI: India's Adani Airports, part of billionaire Gautam Adani's conglomerate, will bid for more airports in the country in its ambition to become the leading airport operator there, chief execut ...