IndiGo, the flagship carrier of InterGlobe Aviation Ltd., is facing significant operational challenges as over 70 aircraft remain grounded for the fourth consecutive quarter. This situation has severely impacted the airline's financial health, with maintenance expenses soaring to Rs 2,745 crore in the September quarter—an increase of nearly 30% compared to the previous year. According to Mark Martin, founder and CEO of Martin Consulting, the grounding of Pratt & Whitne

MSTC Ltd. has officially signed a share purchase agreement with Konoike Transport Co. Ltd. for the strategic disinvestment of Ferro Scrap Nigam Ltd. (FSNL), marking a significant milestone in the privatization process. This agreement comes after the Indian government approved the sale to the Japanese corporation for Rs 320 crore, exceeding the reserve price of Rs 262 crore set by the government based on valuation assessments. The announcement was made by the Secretary of the Departm

In a notable shift in immigration policy, Canada has decided to cut its immigration targets significantly, responding to increasing public concerns regarding the impact of new arrivals on housing and resources. Prime Minister Justin Trudeau announced that the government will lower its immigration goals from a planned 500,000 new permanent residents in 2025 to 395,000 for 2025 and 380,000 for 2026. This decision follows a recent survey indicating that a majority of Canadians now believe the co

During a compelling interview at the  World Summit, Indian Foreign Minister S. Jaishankar shed light on the deteriorating diplomatic relations between India and Canada, which have faced significant strain following Canadian Prime Minister Justin Trudeau's allegations regarding India's involvement in the murder of Khalistani terrorist Hardeep Singh Nijjar. Jaishankar criticized what he termed "double standards" in diplomatic treatment, noting that while Canadian diplomat

Chief Minister Chandrababu Naidu has expressed his displeasure regarding the rising complaints about the implementation of the new sand policy in Andhra Pradesh, particularly concerning the availability of sand and the high transportation charges associated with it. In light of these issues, the Mining Department has made a crucial adjustment to the policy. Effective immediately, citizens are now permitted to collect free sand from their nearest reaches and fulfillment points using

As of October 16, the long-anticipated liquor policy of the NDA government in Andhra Pradesh has officially launched, marking a significant shift in how liquor is sold in the state. Under this new policy, all liquor shops have been privatized, ensuring that only quality liquor will be sold, alongside the introduction of digital payment options, replacing the cash-only system that was prevalent under the previous YCP government. In an impressive start, new license holders have contri

The government of Andhra Pradesh has reached a significant milestone in implementing its new liquor policy. The issuance of liquor licenses has been finalized, generating a remarkable ₹1,797.64 crore in revenue for the state. The government invited tenders for the existing 3,396 liquor outlets across AP, resulting in an astonishing 89,882 applications. Each tender application cost ₹2 lakh, with

Savitri Jindal, the independent candidate and India’s richest woman, has achieved a remarkable victory in the Hisar Assembly constituency, defeating BJP's Kamal Gupta and Congress candidate Ram Niwas Rara by a margin of 18,941 votes. Expressing her gratitude, Jindal took to X, stating, “Abhaar Hisar Parivar” (Gratitude to the family of Hisar). At 74, Jindal's latest win marks her third successful campaign in Hisar, having previously won the seat in 2005 and

In a significant move, the NDA government in Andhra Pradesh has initiated steps to overturn the controversial liquor policy implemented by former Chief Minister Jagan Mohan Reddy. Under Jagan's regime, all liquor shops were government-run, leading to widespread complaints about poor-quality liquor, inflated prices, and a cash-only payment policy. Starting from October 1 to 9, tenders will be invited for

The Tata Group is making significant strides into the semiconductor industry, as Chairman N Chandrasekaran announced plans to establish new manufacturing facilities in various locations across India, including Assam and Ozhur in Kerala. Chandrasekaran emphasized the group’s commitment to building a robust semiconductor ecosystem in the country. The main facility, a semiconductor fabrication plant (Fab), is under construction in Dholera, Gujarat. This state-of-the-art facility

On Thursday, the government revealed a significant increase in minimum wage rates through the revision of the Variable Dearness Allowance (VDA), aiming to assist workers in managing the rising cost of living. This adjustment will particularly benefit those in the unorganised sector, including workers involved in construction, loading and unloading, cleaning, housekeeping, mining, and agriculture within central sphere establishments. The revised wage rates will be implemented startin

Amid growing concerns about the potential shutdown of Rashtriya Ispat Nigam Limited’s Vishakapatnam Steel Plant, the central government has intervened with crucial financial assistance aimed at reviving operations. Speculations had intensified after the closure of Blast Furnace BF-3, Annapurna, which sparked outrage among employees. The situation is dire, with only one of the three furnaces, Krishna, currently operational, and its available cooking coal expected to last only a few more

Canada's Prime Minister Justin Trudeau recently announced a strategic move to reduce the number of international study permits granted to foreign students, aiming to curb the rising population of temporary residents in the country. As part of this initiative, the government will decrease the number of study permits by 35% this year, with plans for an additional 10% cut next year. This decision underscores the government's intent to crack down on abuses of the immigration system.

Elon Musk's latest generation of Starlink satellites is raising significant concerns among Dutch scientists, who argue that the rapid expansion of these satellites is severely interfering with astronomical research. Researchers at the Netherlands Institute for Radio Astronomy (ASTRON) have reported that thousands of Starlink satellites are "blinding" radio telescopes, complicating the collection of clean data essential for understanding the universe. While Starlink sat

The Andhra Pradesh government has officially announced a new liquor policy that will take effect on October 1st, marking a significant shift in the state's approach to alcohol sales and pricing. Excise Minister Kollu Ravi held a media briefing to outline the key features of the forthcoming policy, aiming to address longstanding issues related to overpriced liquor and accessibility for the general public. One of the main points raised by Minister Ravi was the problem of inflated

The TDP coalition government, which was formed three months ago, is currently facing a significant challenge with the ongoing privatization of the Vizag Steel Plant (VSP). The central government's push for privatization has led to strong opposition from workers' unions, who have intensified their agitation against the move. Despite their relay hunger strikes and protests, the central government remains steadfast in its privatization agenda. In a recent devel

In a notable development in Indian politics, the Supreme Court has granted bail to Delhi Chief Minister Arvind Kejriwal. The decision marks a significant moment in the ongoing investigation into allegations of corruption linked to the Delhi excise policy of 2021-22. Kejriwal, who has been in judicial custody since his arrest by the Central Bureau of Investigation (CBI) on June 26, 2024, had previously been granted interim bail by the Supreme Court in a related money laundering case investigat

Rahul Gandhi recently clarified his controversial remarks about reservation policies, stating that the Congress party supports extending reservations beyond the current 50% limit. During an interview at the National Press Club in the US, Gandhi emphasized that his previous comments, made at Georgetown University, were misinterpreted. He reiterated that he is not opposed to reservation but believes it sh

Prime Minister Narendra Modi is making headlines with his historic visit to Poland, marking the first visit by an Indian Prime Minister in more than 40 years. This visit underscores a major shift in India’s foreign policy, moving from a stance of distance to one of active engagement and connectivity. Modi humorously noted that this visit, along with his recent trip to Austria, represents a series of diplomatic "firsts" reflecting India's evolving international strategy.

At a recent event hosted by the Kshatriya Seva Samiti, Telangana Chief Minister Revanth Reddy lauded Pan-India star Prabhas for his significant contribution to globalizing Telugu cinema. Revanth Reddy specifically highlighted Prabhas's role in the monumental success of Baahubali, stating, “Prabhas, who did Baahubali, brought recognition to Telugu cinema. We cannot imagine the character without Prabhas.” His remarks underscore the profound impact Prabhas has had not on