Business

L&T

L&T to develop coal-to-ammonium nitrate project in Odisha

New Delhi/Bhubaneswar: Infrastructure major Larsen & Toubro (L&T) Tuesday said it has bagged an order valued between Rs 2,500 crore to Rs 5,000 crore from the joint venture of state-owned Coal India Limited and Bharat Heavy Electricals Limited for the development of a coal-to-ammonium nitrate...

Japan, Australia agree to deepen cooperation on energy, defence and critical minerals

Takaichi, Albanese boost cooperation on energy, defence, minerals

Melbourne: The prime ministers of Japan and Australia agreed to deepen cooperation in a wide range of areas, including energy security, defence and critical minerals, as the Iran war threatens global supply chains. Japanese Prime Minister Sanae Takaichi met her Australian counterpart, Anthony Albanese at...

Manufacturing and covid

India manufacturing PMI rises to 54.7, growth remains subdued

New Delhi: India's manufacturing sector activity witnessed mild recoveries in growth of new business intakes and production, but rates of increase were the second-weakest in nearly four years. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index rose from 53.9 in March to 54.7 in...

Donkey meat

Pakistan clears donkey meat export to China after firm warning

Karachi: Pakistan has approved the export of donkey meat to China after a Chinese company warned it could shut operations, prompting intervention by the prime minister's office. The dispute involves the Hangeng Trade Company operating in Gwadar, a port city central to China-backed projects, where...

Air India

Air India board to discuss cost cuts, CEO succession May 7

New Delhi/Mumbai: As headwinds persist for the loss-making Air India, its board is expected to discuss cost-saving plans, selection of the next CEO, financials, and other issues during the meeting scheduled for May 7, according to sources. Headwinds for the Air India Group, which is...

UAE lifts curbs on airspace

UAE resumes normal airspace operations, flights to India increase

New Delhi: The UAE General Civil Aviation Authority has announced the full resumption of normal air navigation operations within UAE airspace and the lifting of temporary precautionary measures, and consequently, Indian and UAE carriers have started operating more flights from the UAE to various destinations...

 

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