International Financial News

DGCA) on Friday issued a show cause notice to Air India over recent incidents of long flight delays in which passengers ostensibly faced significant discomfort, which the regulator said were in violation of various norms prescribed by it. The aviation regulator mentioned the inordinate delay of two international flights—AI 183 from Delhi to San Francisco on May 30 and AI 179 from Mumbai to San Francisco on May 24. “It has come to the notice of DGCA that flight Al-179 dated 24.05.2024 and flight Al-183 dated 30.05.2024 were inordinately delayed and passengers were put to discomfort due to insufficient cooling in the cabin, " the show cause notice reviewed by ET said.

A larger number of taxpayers should be eligible to access a free tax filing solution from the Internal Revenue Service following a successful pilot.

1. The Special Court of People's Representatives in Bengaluru on Friday granted the Special Investigation Team (SIT) six-day custody of Prajwal Revanna in connection with the alleged obscene video case.2. Revanna's advocate, Arun, was granted permission to meet the Hassan MP between 9.30 - 10.30 am while in SIT custody, news agency ANI reported.

'America Reports' co-anchor Sandra Smith discusses fast food price hikes, the Kansas City Chief's invitation to the White House amid the Harrison Butker controversy and the NCAA agreeing to college athlete compensation plan.

Delhi airport operator DIAL on Friday said its wildlife hazard management team is taking various mitigating measures to limit bird strikes in the airfield. The Delhi International Airport Ltd (DIAL), a consortium led by the GMR Group, also conducted an awareness campaign this week in the Rangpuri Pahari area near the airport to educate the local community about the dangers of wildlife strikes, particularly bird strikes. Rangpuri Pahari, located on the approach path of runway 29L/11R, was organised to address the increasing incidents of bird strikes observed in this area, especially during the monsoon season, according to a release. DIAL also said its dedicated Wildlife Hazard Management (WHM) team is actively engaged in various mitigation measures to limit bird strikes within the airfield.

suspended MP Prajwal Revanna on Friday was remanded to SIT custody for seven days till June 6 in the ongoing probe in the obscene videos case. Prajawal Revanna who was brought to the CID office in Bengaluru after he landed at Kempegowda International Airport is likely to face a probe by the Special Investigation Team (SIT) over allegations of sexual harassment and criminal intimidation following a complaint by a woman who worked in his household. He returned to India from Berlin, Germany, nearly a month after leaving the country on a diplomatic passport and was immediately taken into custody.

Subject to regulatory approval, the merger will create a global alternatives investment platform with assets under management of around $35bn and support Amber's expansion in the US and globally.  In a stock exchange notice on Thursday (30 May), USF said London-based Amber Infrastructure Investment Advisor will continue to act as its manager, with no changes to the management of USF.  US Solar Fund appoints manager after shareholders pass new investment policy The management of INPP will also not experience any changes, with the Amber team continuing to lead on all infrastructure i...

India Q4 GDP Data Live Updates: India's gross domestic product (GDP) for the January-March quarter of fiscal 2023-24 (Q4FY24) and the full year (FY24) will be released on Friday, May 31. The macroeconomic data will come only days ahead of the high-stakes Lok Sabha election results 2024, due on Tuesday, June 4.

Also Read: Manipur violence: A year on, 50,000 people still living in camps; society pulled apartThe phrase has been used to signify how people are vocal about international issues and human rights violations on foreign lands but prefer to stay mum on internal cases of violence like Manipur conflict.Also Read: All Eyes on Rafah Meaning: Why are Bollywood celebs using the trending hashtag to express solidarity with Palestine?Several social media users are using hashtags related to ‘But no eyes on Manipur’, or sharing the template on their social media accounts to draw attention towards the massive ethnic clashes in the Indian state Manipur last year.Nearly a year ago, the long-standing tensions between the Meitei and Kuki communities in Manipur transcended into massive violence across the state. The ethnic violence in Manipur took nearly 52 lives in three days in May last year.

Venue : Gahanga International Cricket Stadium, Kigali Botswana Women squad - Aliya Motorwala, Merapelo Phiase, Oratile Kgeresi, Oratile Tsimako, Tebogo Moitoi, Wendy Moutswi, Entle Mmese, Florence Samanyika, Goabilwe Matome, Pako Mapotsane, Shameelah Mosweu, Tuelo Shadrack, Amantle Letuba, Laura Mophakedi, Amantle Mokgotlhe, Kesego Inakale, Onneile Keitsemang, Wendy Segee Cameroon Women squad - Brenda Waluma, Cynerah Mboe, Elsa Garcia Souna, Jeanne Ngono, Marguerite Bessala, Sandra Annie Nono, Bernadette Manuella Mbida, Michelle Ekani, Olive Ranedoumoun, Madaleine Sissako, Catherine Messina, Cathy Mbelel, Edwige Guehoada, Tchouabo Leslie Botswana Women vs Cameroon Women Match Details Match 6 of Kwibuka Women's T20I Tournament, 2024 between Botswana Women and Cameroon Women to be held at Gahanga International Cricket Stadium, Kigali at 04:45 PM.

Flight operations at the Srinagar International Airport had to be halted for an hour on Friday after a bomb threat as the authorities took preventive measures, officials said. The Air Traffic Control (ATC) at the Srinagar Airport received a bomb threat on an Air Vistara flight from New Delhi, prompting a response from the authorities, including the Central Industrial Security Force (CISF), which is responsible for the security at the airport, the officials said. They said a threat call was made to the airport around the noon about the flight, which had 178 passengers onboard. Immediately after the flight landed at the airport, it was directed towards an isolation bay and the passengers and the crew were evacuated, they added. A thorough search of the plane was carried out and bomb disposal squads and sniffer dogs were also deployed to check any suspicious items, they said. After an exhaustive search, no explosives were found on the plane, they added.

Boxing Federation of India (BFI) on Friday parted ways with the suspended IBA and joined the breakaway World Boxing in a bid to counter the threat to the sport's Olympic future. The move comes months after the International Olympic Committee reiterated its threat to leave boxing out of the 2028 Los Angeles Olympics if national federations continued to align themselves with the International Boxing Association (IBA). «It is absolutely vital to the sustainability of boxing that it retains its Olympics status, so we are delighted to join World Boxing,» BFI president Ajay Singh said in a press release.

Germany on Friday suggested Ukraine could use weapons supplied by Western countries to defend itself against attacks launched from just inside Russia against the northern border region around the city of Kharkiv in accordance with international law. Germany discussed with allies the fact that Russia has carried out strikes on the Kharkiv region from positions in the immediately adjacent Russian border area, a government spokesperson said in a statement. «We are jointly convinced that Ukraine has the right, guaranteed under international law, to defend itself against these attacks,» the spokesperson said.

Torrent Power Ltd.(up 3.73%), CESC Ltd.(up 3.44%), Transformers & Rectifiers(India)Ltd.(up 2.75%), NHPC Ltd.(up 2.23%), RattanIndia Power Ltd.(up 2.20%), Hitachi Energy India Ltd.(up 2.05%), Power and Instrumentation(Gujarat)Ltd.(up 1.95%), Adani Power Ltd.(up 1.74%), Tata Power Company Ltd.(up 1.72%) and Adani Energy Solutions Ltd.(up 1.58%) were among the top gainers.

«Honestly the infrastructure would need to be improved, the backend technology would have to be improved for them and the timeline for them is I would say two months, within two months they have to get all this sorted,» says Shweta Rajani, Anand Rathi Wealth. In my personal experience, I was hospitalised once and I got to discharge in the morning but the entire thing got settled only post 5 pm or 6 pm in the evening so almost seven to eight hours of waiting period and at that time you being a patient, you being discharged are in touch with the health insurance company, their customer call requesting them to give the authorization and just let me go home but now it seems this will be all stopping and not more than three hours you will be allowed to wait? Absolutely. What you said is your experience is something that most family members or patients would have experienced even though they would have applied for cashless insurance, but at the time of discharge you are right it could end up taking easily seven to eight hours while during this time period the hospital is submitting all the bills, the required documents, then there is a wait time because the insurance company has to approve of all the claims, give the authorization and then only you are allowed to get discharged, not only that in a lot of cases it does not end there because you would have given still some amount of a deposit right because your entire claim process is still going to take a few days and that deposit money to come back to you could be a few days away.

US personal consumption expenditure data, gold August futures on MCX opened flat at Rs 72,100, down by 0.16% or Rs 116 while silver July contracts opened lower by Rs 1,077 or 1.14% at Rs 93,046. Gold and silver showed mixed trends in the international markets after the U.S. GDP data came as per market expectations. The second estimate of first-quarter GDP came up at 1.3% year on year against an expected reading of 1.2%.

President Joe Biden likes to call the United States “the indispensable nation.” By that he means that America is the only power simultaneously mighty and benevolent enough to preserve whatever is left of a liberal order — one in which rules and multilateral institutions govern, among other things, a system of relatively free international finance and trade. But what if the US itself, even under Biden, turns against the system it’s supposed to guard, becoming an agent of economic nationalism, international fragmentation and hostile bloc-building? Doubts to that effect have popped up throughout the Pax Americana, the long period of US leadership that followed World War II. What most frightened America’s friends abroad, though, was Donald Trump in the White House. His “America First” worldview was a throwback to a much earlier US stance of isolationism and nationalism.

Prajwal Revanna Arrest Live Updates: Suspended Janata Dal (Secular) leader Prajwal Revanna, accused of sexually abusing numerous women, was arrested just after midnight as soon as he arrived at Bengaluru's Kempegowda International Airport.The 33-year-old Member of Parliament (MP) from Hassan in Karnataka was taken into custody from the airport by the special investigation team (SIT) probing charges against him. He returned to India from Germany past midnight on Thursday – nearly a month after leaving the country.Revanna is expected to be produced in the court today.

₹2.1 trillion surplus, up from ₹874.2 billion in 2022-23. Also read: Mint Explainer: What does RBI’s record dividend payout to the government mean? Cumulative expenses dropped to ₹646.94 billion from ₹1.48 trillion, largely thanks to lower provisions, which stood at ₹428.2 billion in 2023-24 as against ₹1.31 trillion in 2022-23.

TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers who want to ban it, according to sources with direct knowledge of the efforts. The work on splitting the source code ordered by TikTok's Chinese parent ByteDance late last year predated a bill to force a sale of TikTok's U.S. operations that began gaining steam in Congress this year. The bill was signed into law in April.

Boeing's private force of firefighters have approved a tentative new contract, and their union says they're going back to work