A black box has been found at the site of the Air India plane crash in Ahmedabad, India’s civil aviation minister said on Friday. The flight data recorder was recovered within 28 hours by India’s Aircraft Accident Investigation Bureau (AAIB), Ram Mohan Naidu Kinjarapu confirmed. All but one of the 242 people on the London-bound flight died when it crashed...
Business
India on Brink of $20 Trillion Leap, ‘Guyana-Sized’ Oil Discovery Likely in Andaman Sea: Hardeep Puri
In an exclusive Interview with , Union Minister for Petroleum and Natural Gas Hardeep Singh Puri laid out a bold vision for India’s energy independence, hinting that the country may be on the cusp of discovering a game-changing oil reserve in the Andaman Sea—comparable to the massive Guyana find by ExxonMobil. Speaking to Rohan Dua, Executive Editor, Puri highlighted key reforms...
“Gratitude To Indian Navy”: China On Rescuing Crew From Cargo Ship Off Kerala
Following an onboard explosion and fire aboard MV Wan Hai 503 off the coast of Kerala, China, expressed gratitude to Indian authorities for their swift and professional rescue efforts. Spokesperson for the Chinese Embassy in Indian, Yu Jing, in a post on X said, “On June 9, MV Wan Hai 503 encountered an onboard explosion and fire 44 nautical miles...
Starlink may launch with ₹3K-4.2K per month plans, ₹33K setup kit
Despite India’s large market size, capacity constraints and global costs are expected to dictate Starlink’s pricing strategy for the country, which will be similar to other nations in the subcontinent, official sources said. In India, Starlink kits are expected to cost about ₹33,000, while monthly subscription may remain between ₹3,000 and ₹4,200, in line with prices announced for neighbouring Bangladesh...
Tesla’s worst day ever: $152 billion wiped out after Musk-Trump fallout
Tesla shares dropped 14% on Thursday, wiping out over $150 billion in market value. The stock has declined in four of the past five trading sessions. The sharp fall in Tesla’s share price came after a public disagreement between Tesla CEO Elon Musk and US President Donald Trump. The company’s market capitalisation fell below the $1 trillion mark and ended the...
Trinamool’s Mahua Moitra Marries Ex-MP Pinaki Misra In Germany
Trinamool Congress MP Mahua Moitra on Thursday confirmed her marriage to former Biju Janata Dal (BJD) parliamentarian Pinaki Mishra, thanking well-wishers for their love and blessings. There was speculation about their wedding, which, according to media reports, took place in a private ceremony in Germany. “Thank you everyone for the love and good wishes!! So grateful,” Ms Moitra said in...
US signals trade deal with India before July 9 reciprocal tariff deadline
American Secretary of Commerce Howard Lutnick has said a trade deal between India and the United States (US) could be finalised in the “not too distant future” because “we’ve found a place that really works for both countries”. He signalled that the agreement might be concluded before the end of a 90-day pause on American reciprocal tariffs, which expires on...
Maruti Suzuki seeks govt support as small car sales slide
As the small car segment continues to witness gradual decline with affordability factor coming into play, Maruti Suzuki India on Monday called for incentives to spur the sales. Entry cars priced below Rs 5 lakh, which used to be around a million units (9,34,538 units) in FY16, have declined to just 25,402 units in FY25 and accounting for less than 30% at...
SpaceX’s Starship megarocket blows up over Indian Ocean in latest bumpy test
SpaceX’s prototype Starship exploded over the Indian Ocean on Tuesday (May 27, 2025), capping another bumpy test flight for the rocket central to billionaire Elon Musk’s dream of colonising Mars. The biggest and most powerful launch vehicle ever built lifted off around 6:36 p.m. (2336 GMT) from the company’s Starbase facility, near a southern Texas village that earlier this month...
Markets surge for second day; Sensex jumps 455 points, Nifty climbs 148 points
Benchmark indices Sensex and Nifty surged on Monday (May 26, 2025) due to a host of positive triggers, as U.S. President Donald Trump delayed 50% EU tariffs to July 9, 2025 The 30-share BSE benchmark gauge Sensex jumped 455.37 points or 0.56%, to settle at 82,176.45. During the day, it surged 771.16 points or 0.94%, to 82,492.24. .
Monsoon reaches Maharashtra a day after Kerala, earliest onset in 35 years
The southwest monsoon arrived in Maharashtra on Sunday (May 25, 2025), making it the earliest onset of the annual rainfall season over the state in 35 years, the India Meteorological Department said. The southwest monsoon is expected to advance to Mumbai and some other parts over the next three days, the IMD added. In 1990, southwest monsoon made onset over Maharashtra on...
IndusInd Bank posts net loss of Rs 2,329 cr in Q4 amid accounting discrepancies
IndusInd Bank Ltd on Wednesday said it posted a consolidated net loss of Rs 2,328.92 crore in the January-March 2025 quarter as against a profit of Rs 2,349.08 crore in the corresponding period last fiscal. The crisis-hit private lender earned an interest of Rs 10,633.84 crore in Q4 FY25, down 12.83 per cent compared to Rs 12,198.53 crore in the...