Business

Mumbai: Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) Friday cut key benchmark interest rate for the first time in six months and vowed to provide Rs 1 lakh crore liquidity boost to banking sector to...

New Delhi: India and Russia have signed agreements related to the mobility of skilled workers between the two countries for taking up employment and the granting of e-tourist visas to each other's citizens, according to a joint statement issued Friday after talks between Prime Minister...

New York: Netflix has struck a deal with Warner Bros Discovery to buy the legacy Hollywood giant's studio and streaming business for USD 72 billion. The acquisition, announced Friday, would bring two of the industry's biggest players in film and TV under one roof. Beyond...

New Delhi: IndiGo cancelled over 1,000 flights Friday and said operations are expected to normalise in the next 10 days, as the country's largest airline received flight duty norms relaxation from watchdog DGCA, which will probe the disruptions that have impacted thousands of passengers for...

Mumbai: Pilots' body Airlines' Pilots Association (ALPA) India Friday took "strong" objection to safety regulator DGCA's "selective and unsafe" relief to domestic carrier IndiGo, amid widescale cancellations, saying the decision sets a dangerous precedent. The Directorate General of Civil Aviation (DGCA) earlier in the day...

New Delhi: Aviation watchdog DGCA has set up a four-member committee to carry out a comprehensive review and assessment of the circumstances that led to the massive flight disruptions. The panel members are Joint Director General Sanjay K Bramhane, Deputy Director General Amit Gupta, Senior...

New Delhi: Prime Minister Narendra Modi Friday expressed confidence that the USD 100 billion bilateral trade target between India and Russia will be achieved ahead of the 2030 deadline, as he invited Russian investment in the country. Speaking alongside visiting Russian President Vladimir Putin at...

New Delhi: Civil Aviation Minister K Ram Mohan Naidu Friday said various operational measures, including keeping new flight duty norms in abeyance, will help address the IndiGo flight disruptions, and complete restoration of services is expected in next three days. The government has also decided...

London: European Union regulators Friday fined Elon Musk's social media platform X 120 million euros (USD 140 million) for failing to comply with the bloc's digital regulations. The European Commission issued its decision following an investigation it opened two years ago into X under the...

Madrid: Internet infrastructure company Cloudflare Friday said it was investigating an outage that took place in the morning that brought down several global websites including LinkedIn, Zoom and others, the second such crash to affect the company in less than three weeks. Cloudflare said the...