Beyond Financial News

In another wave of engine trouble in India, IndiGo, the country’s largest airline, will need to send some of its Airbus A320neo family aircraft using Pratt and Whitney engines for inspection as the US engine maker has suggested accelerated inspection of 600 aircraft worldwide. “We are in receipt of the information from the OEM Pratt and Whitney (P&W) regarding the outcome of the latest inspection of their engine. We are working closely with P&W to assess and minimize any potential impact to our fleet," a spokesperson for IndiGo said.

Terri L. Conger and her team have made a break from Merrill Lynch and joined LPL Financial to set up an independent practice, Pacific Legacy Wealth Partners.

Who Is Erin Carter? This thrilling female-led show is scheduled to start filming in September 2022. Currently, eight episodes have been ordered for the first season, as reported by Variety in February 2022. Here's everything we know about the highly anticipated series so far.

WWE star Terry Gene Bollea, known as Hulk Hogan, recently made an exciting announcement to his fans. He revealed that he proposed to yoga instructor Sky Daily, and she happily accepted his proposal. Hogan expressed his excitement, stating, «She was crazy enough to say yes, brother.» Pro wrestling icon, Hulk Hogan, revealed to TMZ Sports that he and Sky Daily got engaged last week.

Union Earth Sciences Minister Kiren Rijiju on Wednesday sought to collaborate with the European Union in using innovative and non-invasive approaches for inventorisation and documentation of marine biodiversity in areas beyond national jurisdiction. Rijiju mentioned this during his meeting with Virginijus Sinkevičius, the European Commissioner for Environment, Ocean and Fisheries.

The World Economic Forum’s (WEF) recent report on the future of work has presented an undeniable truth—our job landscape is undergoing a dramatic transformation, driven by advancements in technology, digitalization and sustainability. As these changes ripple across industries, our education system, particularly universities, are confronted with the critical task of adapting to ensure they adequately prepare students for the future of work. The WEF report notes that the fastest growing job roles are largely technology oriented.

UFO excitement is spreading in Washington D.C. ahead of the landmark Congressional hearing on the U.S. government's knowledge of extraterrestrial life and UFOs. Enthusiasts preparing for the event with online watch parties, and some are even planning to line up outside Congress, hoping to attend the hearing in person. For those who cannot be present, the House Oversight and Accountability Committee is being live streamed the hearing on YouTube, starting at 10 a.m. EDT (1400 GMT) on Wednesday (July 26). The House's Subcommittee on National Security, the Border, and Foreign Affairs is conducting the hearing, featuring testimonies from former U.S. military and intelligence community members. These individuals assert having encountered crafts that defy known flight capabilities and physics, and some claim to have witnessed evidence of «non-human intelligence.»

New Delhi: In another wave of engine trouble, India’s largest airline IndiGo will need to send some of its Airbus A320neo family aircraft run on Pratt & Whitney engines for inspection as the US-based engine maker has suggested accelerated inspection of 600 aircraft worldwide. “We are in receipt of the information from the OEM Pratt and Whitney (P&W) regarding the outcome of the latest inspection of their engine. We are working closely with P&W to assess and minimise any potential impact to our fleet," an IndiGo spokesperson said.

The NSW government will mull a revamp of coal royalties ahead of the state budget in September and has asked the industry and key trading partners for input.

Driven by robust first quarter earnings and the first-ever buyback proposal of Rs 10,000 crore, engineering behemoth Larsen & Toubro’s stock touched all-time high of ?2,673.60 on the BSE, Wednesday. L&T's Chief Financial Officer, R Shankar Raman tells Kalpana Pathak that the company plans to consider a buyback once every few years. Edited excerpts:Your share price is doing well. Why did you decide on a buyback?We have surpluses beyond our requirements, not for all times to come, but at least for some time to come.

The scarcity of available real estate in Calgary, coupled with rapidly increasing costs and an overwhelming demand, has pushed the dream of homeownership out of reach for many people, including Farah Meghani.

By Howard Schneider

Arvind Kejriwal and Aam Aadmi Party (AAP) Rajya Sabha member Sanjay Singh to appear before it in response to summons issued to them in a criminal defamation case. The court of chief metropolitan magistrate SJ Panchal rejected the AAP leaders' exemption applications and kept the matter for August 11. Kejriwal and Singh are facing a criminal defamation case filed by Gujarat University (GU) over their «sarcastic» and «derogatory» remarks over Prime Minister Narendra Modi's educational degree. Through their lawyer, the two leaders assured the court that they will remain present during the next date of hearing provided there do not arise circumstances beyond their control. If they face any such circumstances that prevent them from appearing, then there are judgments that allow counsels to record a plea, their lawyer told the court. The respondents sought exemption on various grounds and said they have challenged the summons in a sessions court and the matter is likely to come up for hearing on August 5. GU strongly opposed the exemption applications, calling them a tactic to delay the proceedings. It appealed to the court to issue a warrant against them.

India’s ban on rice export has set off alarm bells... moreIndia’s ban on rice export has set off alarm bells, the resulting supply shortage is expected to push global rice prices beyond a decade’s high, and that has made the IMF ‘encourage’ India to remove the export ban.

Americans are braced for interest rates at their highest in 22 years as the Federal Reserve announces its decision Wednesday.

Brand and marketing agency, Dentsu X, an agency of Dentsu Aegis Network India Private Limited, has announced the appointment of Jose Leon as its chief executive officer. He will report to Anita Kotwani, the CEO for media for South Asia at Dentsu. He has about 26 years of work experience and has helped brands build revenues across industries, the company said.

 

By Howard Schneider

Enforcement Directorate chief on November 19, 2018, and his term ended in 2020. However, the apex court curtailed his extended tenure to July 31.

After the introduction of the new tax regime in the Budget 2020, there has been a lot of confusion in the minds of people in respect to how the new regime can be opted and opted out. Also, a very common question is what are the compliance requirements of opting into the new regime. Before understanding the compliance requirements, first let’s try to understand about the tax regime itself.

Whether to buy a house or continue renting is a common dilemma in India. While renting offers flexibility, there are several compelling reasons why purchasing a home is a better long-term financial decision.