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Tata Motors, the impact of commodity prices, sourcing, semiconductor costs and navigating the maze of sanctions was a challenge for each, except that one entity clearly benefited and made the most like no other - the airline.Also Read: Air India passenger receives broken seat despite paying extra ₹1,000; airline issues apologyAccording to data shared by Cirium, an aviation analytics company, exclusively for this article, there has been an increase of just four frequencies between India and the United States in May 2024, as compared to February 2020, the last month of operations before the COVID-induced lockdown. However, a granular look at the data shows that the American carriers have reduced frequency by 21 weekly flights while Air India has added new flights.

₹2,381 apiece to the current trading price of ₹4,271, translating into a gain of 79.37%. In the previous trading session, the stock crossed the ₹4,500 mark for the first time to hit a new record high of ₹4,529 apiece.

Ashok Leyland Ltd has clocked a double-digit Ebitda, (earnings before interest, taxes, depreciation, and amortization) margin – a key striking feature of the commercial vehicle maker’s FY24 results. Standalone margin expanded as much as 390 basis points (bps) year-on-year to 12% (one basis point is 0.01%). The last time Ashok Leyland’s margin for the full year was in double-digit was in FY19.

HAMIRPUR: The Sujanpur assembly by-election in Himachal Pradesh is seeing a repeat of the 2022 election with two old rivals Rajinder Singh Rana and Ranjit Singh up against each other, except that they have swapped their parties this time. While Rana is a Congress rebel who recently switched to the BJP, Singh, a retired captain, joined the Congress after Rana was given a BJP ticket for the Sujanpur bypoll. Rana, who contested the 2022 election on a Congress ticket and defeated Singh by a slender margin of 399 votes, had raised the banner of revolt against Chief Minister Sukhvinder Singh Sukhu. He was among the six Congress MLAs who voted in favour of the BJP nominee in the Rajya Sabha polls and had to face disqualification.

division bench of the Delhi High Court on Monday upheld its single judge’s order asking SpiceJet to return two aircraft and three engines to its lessor TWC Aviation. While dismissing the airline’s appeal as withdrawn, a bench led by Justice Rajiv Shakhder granted the low cost carrier three weeks time till June 17 to return the aircraft and engines along with technical records. The single judge had asked SpiceJet to return the engines by May 28. The HC noted SpiceJet’s sr counsel Amit Sibal’s argument that he wants to advance his submission related to the jurisdiction issue before the single judge, but that will not come in the way of returning the engines.

NEW DELHI : Traditional life insurance plans, often known as endowment policies, are frequently marketed as investment products. However, with growing awareness about the importance of separating insurance and investment, many policyholders are now questioning whether to continue with their existing plans or surrender them. This decision is not straightforward, as the cash value received upon surrender is usually significantly lower than the premiums paid.

investors pared expectations of a U.S. interest rate cut after the Federal Reserve's latest meeting indicated that a delay in monetary policy easing is likely. FUNDAMENTALS

Stage 1 Growth stage

The rising cost of education is a big worry for today’s young  parents. The best option thus is to plan and accumulate an adequate corpus to meet this expense. Here is a step-by-step guide for creating your child’s higher education corpus.

Generative AI (GenAI) represents a new age of human productivity and scientific discovery, says Bryan Harris, executive vice-president & chief technology officer (CTO), SAS. In this interview, he talks to Sudhir Chowdhary about some of the major trends in data and AI space, and the strategic role of the firm’s Pune R&D facility in the overall scheme of things.

Boston Consulting Group (BCG) will prepare a three-year roadmap to transform state-owned Bharat Sanchar Nigam (BSNL) so that it can effectively compete with private telecom operators.

elections have thrown up a problem of plenty for the government — its cash balances are much higher than before the previous two Lok Sabha polls, but curbs on spending mean that banks are parched of funds while the Centre tries hard to prevent the money from sitting idle. The adoption of more efficient fund management practices by the Centre, healthy tax collections and a build-up of cash by state governments have resulted in overall government cash balances swelling past ₹3 lakh crore and locking out funds from the banking sector. As a result of the constraints on spending during a long-drawn national election, government expenditure — which traditionally flows through banks — has moderated, leading to a tight money market and, consequently, higher borrowing costs.

Reliance Industries Ltd (RIL) entity is set to offer a range of 5G shared network infrastructure solutions in Africa with a local company backed by Ghana, marking the conglomerate's entry into the league of global telecom tech and equipment vendors. Radisys, owned by RIL unit Jio Platforms Ltd (JPL), along with Tech Mahindra and Finland's Nokia, is partnering with Next-Gen Infrastructure Co. (NGIC), in which the Ghanaian government, Ascend Digital and K-Net hold equity, for the foray.

New supply of affordable homes — priced up to Rs60 lakh each — declined 38% across eight major cities to 33,420 units during January-March this year, with builders focusing on developing luxury flats, according to PropEquity. Real estate data analytic firm PropEquity attributed the fall in new supply to sharp rise in land and construction costs, which has made development of affordable housing projects less profitable or unviable. According to PropEquity data, the fresh supply of such homes was 33,420 units during January-March 2024 across top eight cities against 53,818 in the year-ago period.

Sometimes, it pays to pay with cash.  

India is positioning itself as a key player in the renewable ammonia market with several international trade agreements already inked and more on the horizon. According to S&P Global Commodity Insights, however, industry insiders emphasize the need for greater policy clarity and price stability to transform these agreements into binding deals. The country's ambition to produce 5 million metric tons (mt) of renewable hydrogen by 2030 and secure a 10 per cent share of the global trade by that time underscores its commitment to renewable energy.

₹5 lakh worth of insurance payout in its CTC. An outright misrepresentation. A scam, in my opinion.

gold in the last one week has been 0.67% .whereas in the last month it has been -0.03%.The cost of silver is Rs.89850.0 per kg Gold Price Today in Delhi is ₹73252.0/10 grams. Yesterday’s Gold Price on 25-05-2024 was ₹74574.0/10 grams. and last week’s gold price on 20-05-2024 was ₹75071.0/10 grams.

earlier article in Lounge explained, an NPU is a dedicated AI processor, specifically designed to take some of the load off your computer’s CPU and GPU when handling AI-related workload. Essentially, in an AI PC, which will have more computing power and storage, you can run large language models (LLMs) locally. Such devices will not only save time, but, according to a Microsoft blog, also help with productivity and remove previous limitations such as latency, privacy, and cost.

By Siddharth Singhal,

train ticket will incur some charges as specified by the Indian Railway Catering and Tourism Corporation (IRCTC). However, if you use the services of some IRCTC-authorised ticketing agents such as MakeMyTrip and Ixigo and pay some extra amount, then you will get a full refund without any cancellation charges. To avail of this facility and use it for your benefit, you must know certain terms and conditions. Read here to find out.