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Air India flights to and from Europe and the UK will now face higher charges for checking in a second bag. Starting from October 17, Air India has introduced fare families, with the lowest economy fare offering one checked bag of up to 23 kg for these routes. Those who want to check in two bags will need to select a higher economy fare, with the price difference beginning at approximately Rs 4,000 for a one-way ticket. Most big Western airlines like Lufthansa allow one check-in bag to economy flyers and extra charges have to be paid for the second bag. British Airways starts with a handbag-only economy fare and then has higher economy fare levels that allow two bags of upto 23 kg each. ALSO READ: Want European views without the hassles of a Schengen visa?

The Canada Post strike is set to have the sharpest impact on small businesses and customers of the postal service, particularly those living in remote and rural communities, according to experts who spoke to Global News.

Donald Trump's imminent return to the US presidency looming over the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Chinese President Xi Jinping said on Friday that unilateralism and protectionism needed to be rejected in favour of economic globalisation. Xi's critique of protectionism at APEC offers a preview of how China will seek to position itself once Trump takes office in January. Trump has pledged to impose tariffs on Chinese imports in excess of 60% but Beijing and Chinese companies are hoping that his protectionist policies will also irk US allies in Europe and Asia — giving China an opening to increase its global influence and improve trade ties. In a speech read out to business executives by Chinese commerce minister Wang Wentao on Friday at the APEC CEO Summit, Xi said that economic globalisation was facing «countercurrents», without specifying any particular country or leader.

UN climate chief Simon Stiell on Saturday urged them to send a strong signal that climate action is core business for the world's biggest economies and step up climate finance globally as it requires action both inside and outside the COP process. His remarks come as negotiators here continue to brainstorm on finalising post-2025 climate finance goals without making much headway on the latest iteration of the draft decision text during multiple negotiations at CO. It is believed that the leaders' declaration by G20 leaders at Rio may give a push to the ongoing negotiation here. «Here in Baku negotiators are working around the clock on a new climate finance goal. There is a long way to go, but everyone is very aware of the stakes, at the halfway point in the COP. Climate finance progress outside of our process is equally crucial, and the G20's role is mission-critical,» said Stiell.

After two days of meetings in Lima that rarely ventured beyond platitudes in discussing the strategies of the region’s major economies, the Asia-Pacific Economic Cooperation forum wraps up with a spirit of detente that many fear the annual summit may n...

Federal Reserve Bank of Boston President Susan Collins said Friday the US central bank needs to keep a close watch on technological developments in the financial system. «We must all be attuned to the very real risks and challenges» resulting from technical innovations, Collins said in the text of a speech for an event at her bank. «The optimist sees potential for a virtuous cycle, with the financial system benefiting from technological advances enabled by innovations, and adapting to changes in the economy — while a more efficient financial system, in turn, can boost economic growth,» she said.

Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth

Subscribe to enjoy similar stories. A PART OF Donald Trump’s political genius is being all things to all people—or at least to all his supporters. He has said so many contradictory things, throughout his public life and during the presidential campaign, that it is easy to latch on to the bits you like and either ignore those you don’t, or dismiss them as braggadocio.

Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive interest rate cuts by the U.S. Federal Reserve lifted the dollar, denting allure for bullion among investors. Spot gold lost 0.1% to $2,565.49 per ounce as of 01:44 p.m. ET (1842 GMT). Prices have fallen more than 4% so far this week, touching their lowest since Sept. 12 on Thursday. U.S. gold futures settled 0.1% lower at $2,570.10.

India will likely retain the fastest-growing G20 economy tag, with the bigger G20 emerging economy China seen growing 4.7%. Overall, the G20 economies will expand 2.8% in 2024, slower than 3% in 2023, according to the Global Macro Outlook 2025-26 report released Friday. The relocation of supply chains, investment from multinational companies and Chinese domestic manufacturers seeking to diversify production are creating opportunities for India, Mexico and many Southeast Asian nations, per the report.

President-elect Donald Trump said Friday that North Dakota Gov. Doug Burgum, Trump’s choice to head the Interior Department, will also head a newly created National Energy Council that will seek to establish U.S. “energy dominance” around the world

regional cross-border connectivity, Union minister Manohar Lal jointly inaugurated electricity transmission from Nepal to Bangladesh, along with Bangladesh power adviser Md Fouzul Kabir Khan and Nepal power minister Dipak Khadka through a virtual event. This historic occasion marks the first trilateral power transaction, which has been carried out through the Indian grid. New Delhi had announced its decision to facilitate the first trilateral power transaction from Nepal to Bangladesh through the Indian grid, with an export of up to 40 MW of power during the visit of the then prime minister of Nepal, Pushpa Kamal Dahal 'Prachanda', to India in 2023.

Leaders of Pacific Rim countries including the U.S. and China have gathered in Peru for an Asia-Pacific Economic Cooperation meeting, the first major global summit since U.S. President-elect Donald Trump’s election victory

retail sales growth in eight months and indicating Beijing's latest round of stimulus has boosted some key sectors. Retail sales increased 4.8% from a year earlier, the National Bureau of Statistics said Friday, up from September's gain of 3.2% and beating the median forecast of 3.8% by economists in a Bloomberg survey. It marked the best reading since February. Industrial output rose 5.3% from a year earlier, slightly slower than the previous month and lower than a forecast growth of 5.6%.

ultra-long-haul flights, lasting between 19 and 22 hours, will offer passengers an extraordinary experience: the chance to witness two sunrises during the journey. This innovative service, aptly named Project Sunrise, promises to redefine the future of long-distance air travel.

The Indo-Gangetic Plain (IGP) is among India's most polluted regions, and air quality across northern India has worsened this past week. Flight disruptions were inevitable.

The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said Friday

SlateStone Wealth chief market strategist Kenny Polcari discusses Fed Chair Powells job performance and the steps Trump will take to expand the economy on Varney & Co.

Shami, GT’s leading wicket-taker in their 2022 title-winning campaign with 20 scalps, was let go due to recurring injury concerns. The right-arm pacer missed the 2024 IPL season as he was recovering from an ankle injury sustained during the ICC ODI World Cup 2023. Despite his recent setbacks, Shami remains a formidable force in T20 cricket, having bagged 79 wickets in 77 IPL matches at an economy of 8.63.

For the previous week, India's foreign exchange reserves dropped to $682.13 billion as of Nov 1. India's forex kitty: With its growing economic strength, India has achieved the significant feat of joining the ranks of the world's largest foreign exchange reserves, securing the 4th position globally after China, Japan, and Switzerland.

Subscribe to enjoy similar stories. A Federal Reserve official said the central bank could eventually need to slow down the pace at which it is lowering rates and said it was too soon to say whether that should happen at the central bank’s meeting next month. Another rate cut in December is “certainly on the table, but it’s not a done deal," said Boston Fed President Susan Collins in an interview Thursday.