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Mumbai Airport notches highest-ever November passenger traffic
Business

Mumbai Airport notches highest-ever November passenger traffic

Mumbai, Dec 11: The Chhatrapati Shivaji Maharaj International Airport (CSMIA) here notched the highest passenger traffic of 4.46 million in November, besides maximum passenger movement and flights, officials said on Monday. The number of passengers travelling through CSMIA, at 4.46 million,...
Gadkari to inaugurate South Asia
Business

Gadkari to inaugurate South Asia's largest construction equipment trade fair CII...

Bengaluru, Dec 11: Union Minister for Road Transport and Highways Nitin Gadkari will inaugurate CII EXCON -- South Asia's Largest Construction Equipment Trade Fair on Tuesday at the Bangalore International Exhibition Centre (BIEC) in Bengaluru. EXCON will have a participation of over 1,000...
UP to create land banks in all 75 districts
Business

UP to create land banks in all 75 districts

Lucknow, Dec 12: The Uttar Pradesh Industries and Infrastructure Department will create land banks in all the 75 districts of the state. The state government has directed District Magistrates to identify land in their areas for the purpose. The officials have been told to earmark plots of 15...
Sports Illustrated CEO sacked over AI scandal, Manoj Bhargava new interim head
Business

Sports Illustrated CEO sacked over AI scandal, Manoj Bhargava new interim head

San Francisco, Dec 12: The publisher of Sports Illustrated has sacked the magazine's CEO Ross Levinsohn, after the magazine published articles with bylined non-existent writers and AI-generated profile pictures. The board of directors of The Arena Group terminated the employment of Levinsohn, and...
Market rangebound as it awaits US inflation data
Business

Market rangebound as it awaits US inflation data

New Delhi, Dec 12: The market will be keenly watching the inflation print from the US on Tuesday night and the Federal Reserve’s message on Wednesday, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. An important trend in the market is the accumulation happening in...
Investors to focus on inflation data from India, US
Business

Investors to focus on inflation data from India, US

New Delhi, Dec 10: In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US, says Vinod Nair, Head of Research at Geojit Financial Services. Indian inflation is expected to rise, while US inflation will remain steady. Indian...
Pakistan stock market soars to all-time high
Business

Pakistan stock market soars to all-time high

Karachi, Dec 10: The Pakistan Stock Exchange (PSX) wrapped up the trading week on a historic note as the benchmark KSE-100 index soared to an unprecedented all-time high above 66,000 points, a media outlet reported. This record-setting close was fueled by the visit of caretaker Prime Minister...
Sensex smashes past historic 70,000 mark in morning trade
Business

Sensex smashes past historic 70,000 mark in morning trade

Mumbai, Dec 11: The Sensex smashed past the 70,000 mark for the fast time ever to scale a historic high, while the Nifty 50 zoomed to a record 21,019.80 points in morning trade on Monday. Both the indexes then lost part of their gains as pharma stocks fell due to the US Food and Drug...
US Fed, ECB, Bank of England poised to keep interest rates on hold
Business

US Fed, ECB, Bank of England poised to keep interest rates on hold

London, Dec 10: The Western world’s largest central banks are poised to keep interest rates on hold this week amid concerns over stubbornly high inflation, despite growing expectations for sharp cuts in borrowing costs next year, a British daily newspaper reported. In a crunch week for the global...
India
Business

India's air passenger traffic to be 42 crore by 2030: Scindia

Rajahmundry (Andhra Pradesh), Dec 10: India’s air passenger traffic will triple to 42 crore by 2030, Civil Aviation Minister Jyotiraditya Scindia said here on Sunday. "The air passenger traffic, which is 14.5 crore today, will grow to 42 crores by 2030 and civil aviation will become a foundation...
Govt bans onion exports to keep prices in check
Business

Govt bans onion exports to keep prices in check

New Delhi, Dec 8: The government has banned exports of onion till March next year in order to increase domestic availability so that prices do not spin out of control. "The export policy for onions is amended from free to prohibited till March 31, 2024," the Directorate General of Foreign Trade...
India
Business

India's forex reserves rise to 4-month high

Mumbai, Dec 8: India's foreign exchange reserves rose to an over four-month high of $604.04 billion as of December 1, according to the latest data released by the RBI on Friday. During the week ended December 1, the forex reserves jumped by $6.1 billion, marking the most substantial gain since...
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