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Air India formalised that order. This made IndiGo snatch that record, before it was formally created. Both events took place at the Paris Air Show in June this year.

Navadhan has raised $5 million (Rs 40 crore) in its pre-series A round of funding led by Prime Venture Partners. Existing investors Gemba Capital and Varanium NexGen Fintech Fund also participated in the round. Founded in 2019 by senior financial services and banking executives, the Mumbai-based company had previously raised around $2.8 million over two seed rounds.

Smead Capital Chief Investment Officer Bill Smead discusses which stocks could be big winners in 2024 on Making Money.

₹40 crore) in a pre-Series A round led by Prime Venture Partners. Existing investors Gemba Capital and Varanium NexGen Fintech Fund also participated. The new funds will be used to enhance the company’s AceN tech platform, which connects small, rural businesses with NBFCs and banks, and scale up its distribution and service delivery model, the startup said.

UN climate conference (CO) negotiating team on Tuesday released an ambitious draft text of the global stocktake seeking countries to not only agree to trebling global renewable energy capacity to 11,000 GW by 2030 but also to brainstorm on phasing out fossil fuels. India's points on «sustainable lifestyle and sustainable pattern of consumption» — the bedrock of the country's concept of Mission LiFE (lifestyle for environment) — is also noted in the text as one of the options to address climate change issues. Though the 24-page draft text will see several rounds of updates incorporating countries' viewpoints in the next few days, the formulation on phasing out of fossil fuels (coal, oil and gas) and fossil fuel subsidies will certainly cause deep divides among participants, including India, China and the oil-rich nations, on different points until a landing zone arrives in the final text in terms of «an orderly and just phase-out» or «phase out of unabated use» or «phase-down». India has on several occasions categorically said that the country is committed to substantially increasing its clean energy capacity, but coal would continue to be the mainstay of its electricity needs and development goals. CO is expected to conclude the first ever GST, which is a mandated global report card of climate actions every five years.

A high-speed rail line between Las Vegas and the Los Angeles area is getting a Biden administration pledge of $3 billion to help start laying track

By Casey Hall and Amy Lv

Investing.com — The Dow closed lower Tuesday, but downside momentum was curbed by rising tech stocks as Treasury yields fell after data showed labor demand fell to a two-year low.

WASHINGTON : US job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers, and boosting financial markets expectations the Federal Reserve's monetary policy tightening cycle was over. The Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday also showed that there were 1.34 vacancies for every unemployed person in October, the lowest since August 2021 and down from 1.47 in September. Fewer workers are resigning, which over time could help ease wage inflation.

The U.S. economy inched closer to a so-called "soft landing" after a new batch of labor data, economists said.

WASHINGTON (Reuters) — The top bosses of JPMorgan, Morgan Stanley, Citigroup and other major banks will warn lawmakers that new regulations will hurt credit and the broader economy, according to prepared testimony published on Tuesday.

There’s only one problem with the federal government’s shiny new messaging about saving money: the feds aren’t saving money.

Ontario’s housing market is raising red flags.

Heritage Minister Pascale St-Onge says Canada’s broadcasting regulator should look into regulating Meta Platforms Inc. when the Online News Act comes into effect, as users find loopholes to share news on its platforms.

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Municipal Corporation of Delhi (MCD) on Tuesday said it has made geo-tagging of all kinds of properties mandatory to avail of a 10% property tax exemption. The civic agency said if any taxpayer fails to geo-tag their properties by January 31, they will not be able to avail of the 10% rebate on the lump sum advance payment of tax in the next financial year by June 30.

insurance, real estate, and business services. Experts pointed out that although growth moderated in November, some segments that have cooled should pick up in the coming months, lifting the overall growth of the sector. While “electricity, gas, water supply and other utility services" and construction had seen double-digit growth in the September quarter, trade, hotels, transport, communication and services related to broadcasting had seen a moderation in the July-September period, as per GDP data released on 30 November.

Millions of people move money from a workplace 401(k) plan to an individual retirement account each year.

The Social Security Administration adjusts its benefits payments each year to reflect changes in the cost of living

U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace