US President Donald Trump MUMBAI: The current reintroduction of tariffs by the US under President Trump’s second term has raised concerns about potential disruptions to global trade, which could indirectly affect international travel demand, said the Airports Council of India (ACI) World in its advisory bulletin. This comes following a year during which global passenger…
MUMBAI: The total demand in the global cargo market (measured in cargo tonne-kilometers (CTK)), rose by 3.2% compared to January 2024 levels (3.6% for international operations) for an 18th consecutive month of growth, said the International Air Transport Association (IATA) in its Jan 2025 cargo report. Capacity, measured in available cargo tonne-kilometers (ACTK), increased by…
Bitcoin has dropped more than 20% from its January peak of $109,350 to hit an intraday low of nearly $83,000 on February 27. Although the cryptocurrency has since recovered to around $85,000, the sell-off has erased nearly $300 billion from its market value, according to ET report.Avinash Shekhar, Co-Founder and CEO of Pi42, said that…
March 2025 Bank Holidays (AI image) March 2025 Bank Holidays: Bank customers should be aware beforehand about multiple bank holidays occurring in March 2025. Banks in various cities will observe closures on specific dates as per the Negotiable Instruments Act and regional festivities. Banks will also not operate on the second and fourth Saturdays.The Reserve…
Tata Motors has become the worst-performing stock on the Nifty 50 index, with its shares plummeting by 44% from a peak of Rs 1,179 in July 2024 to Rs 661.75. This sharp decline has wiped out Rs 1.9 lakh crore in market capitalization. The slump is attributed to weak demand for its UK-based subsidiary, Jaguar…
Earlier this month, HD Hyundai Heavy Industries visited India to evaluate potential locations for establishing a shipbuilding facility. (AI image) HD Hyundai Heavy Industries (HHI), the giant South Korean shipbuilding company, has initiated plans to establish a shipyard in India, conducting site visits this month to explore potential locations.The delegation from the company, which holds…
NR Narayana Murthy-founded Infosys had on February 7 dismissed approximately 700 trainees. Infosys employees termination issue: The PMO (Prime Minister’s Office) has received more than a hundred grievances from dismissed Infosys staff seeking job restoration and prevention of similar unjust terminations in future.The central labour ministry has issued a follow-up notice to Karnataka’s labour commissioner…
Hyperloop represents an emerging high-speed mass transit system. (AI image) India is set to construct the world’s longest hyperloop test facility, which will help evaluate the feasibility of commercial operations for this advanced transport system. The infrastructure, capable of achieving speeds up to 1,100 kilometres per hour, follows the successful completion of a 422-metre test…
According to Osho Krishnan at Angel One, the Nifty50 index faces crucial support at 22500-22400. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Thursday. While BSE Sensex was above 74,700, Nifty50 was near 22,600. At 9:23 AM, BSE Sensex was trading at 74,742.62, up 141…
MUMBAI: It’s now two years since Ravi Kumar took charge as CEO of Cognizant, and some metrics suggest he’s pulling the company out of the trough it had fallen into.Kumar said Cognizant has moved to the ‘middle of the stack’ among its peers, after remaining at the bottom – an apparent reference to the company…
