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Air India Express has launched six new daily direct flights in a single day, said a press release on Tuesday. The Tata-owned Air India subsidiary airlines will be flying five new routes as a part of this launch which include Guwahati-Jaipur, exclusive to Air India Express. The new flights are operating on the Chennai-Bhubaneswar, Chennai-Bagdogra, Chennai-Thiruvananthapuram, Kolkata-Varanasi, Kolkata-Guwahati, and Guwahati-Jaipur routes. Moreover, to accommodate growing demand on the Chennai-Thiruvananthapuram route, which was previously served by two weekly flights, the airline has now added an extra daily service, increasing the total to nine flights per week. Air India Express now connects Chennai directly to 10 destinations which include Bagdogra, Bengaluru, Bhubaneswar, Guwahati, Hyderabad, Kolkata, and Thiruvananthapuram domestically, and Dammam, Kuwait, and Singapore internationally.

Boeing has partnered with India's AI Engineering Services Ltd to provide overhaul services to the Indian Navy's fleet of 12 P-8I maritime surveillance aircraft. As part of the partnership, the first landing gear overhaul of a P-8I aircraft was recently completed at naval base INS Rajali in Tamil Nadu, Boeing India said on Tuesday. «This is a first in India and reflects the growth in India's indigenous capabilities for undertaking complex Maintenance, Repair and Overhaul (MRO) services,» it said in a statement. The Boeing P-8I, a multi-role long-range maritime reconnaissance anti-submarine warfare (LRMR ASW) aircraft, is integral to the Indian Navy's maritime surveillance missions in the Indian Ocean.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Inox Wind rallied 35% in two days, making a new all-time high of Rs 237 in Tuesday’s session on BSE after the company on Friday announced its Q1 results wherein it turned profitable on a YoY basis. The company also announced a 51 MW order win from Everrenew.

Maharashtra Deputy Chief Minister Ajit Pawar has said he made a mistake by fielding his wife Sunetra Pawar against his cousin Supriya Sule in the recent Lok Sabha polls. One should not allow politics to enter home, Pawar, who is currently on a statewide 'Jan Samman Yatra', told Marathi news channel Jai Maharashtra. As part of his mass outreach programme ahead of the state assembly polls, the deputy CM has been promoting the government's 'Mukhyamantri Ladki Bahin Yojana', aimed at providing financial assistance of Rs 1,500 per month to women. In the Lok Sabha elections held earlier this year, Sunetra Pawar unsuccessfully contested the election from Baramati seat against sitting NCP (SP) MP Supriya Sule, daughter of Ajit Pawar's uncle Sharad Pawar.

Central and state authorities will launch a two-month-long nationwide drive against fake goods and services tax (GST) registrations to weed out bogus entities used for evading tax, showed an official order from the Central Board of Indirect Taxes and Customs (CBIC). The drive, which will run from 16 August to 15 October, seeks to detect suspicious or fake GST registrations and conduct thorough verification to weed out entities engaging in fake invoicing, according to the order.

Despite introducing significant steps in the last one year to get control over skyrocketing visa wait times, the United States has still not been able to bring it back to normal. Although there has been improvement—which is reflected by the processing of 1.4 million visas for Indians in 2023, an all-time high, and a 75 per cent reduction in visitor visa appointment wait times—the issue persists. Wait times for B1/B2 visa vary significantly across U.S. consulates in India. In Calcutta, the U.S. consulate offers the shortest visa wait time of 24 calendar days. In contrast, the wait time in Hyderabad is 407 calendar days, while in Delhi, it extends to 386 calendar days. The consulate in Bombay has a wait time of 422 calendar days, and in Chennai, applicants face the longest wait, which is 477 calendar days.

₹30,000 a month, which is far higher than what new employees get on average in cities. The prospect of stable employment is an added incentive. Yet, such a scramble for government employment is also a symptom of the lack of quality jobs in an economy that has otherwise had a good run since the pandemic.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

The South Korean crypto exchange GOPAX has secured an eleventh-hour reprieve that will let it continue trading fiat parings, thanks to a “temporary” banking deal.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

global coffee prices are rising, India’s coffee industry has an opportunity to innovate and diversify its offerings, says Vinay Nair, General Manager, India & Emerging International, Costa Coffee. Despite the ongoing price fluctuations, the enthusiasm for coffee, especially among younger generations, ensures that demand remains robust, he says. In an interaction with ET Digital, Nair recognises the need to address climate change. He says the company is involved in sustainable farming practices and responsible sourcing, which helps it support biodiversity and enhance the livelihood of coffee-growing communities. Edited excerpts: The Economic Times (ET): With coffee prices going up globally, how do you think this will impact the coffee industry in India? Vinay Nair (VN): Rising global coffee prices present both challenges and opportunities for the industry. India's coffee industry is thriving and is highly respected worldwide, but we do not have control over global pricing dynamics. However, we have observed that despite the fluctuations, the growing enthusiasm for coffee, especially among younger generations, ensures that demand remains robust. At Costa Coffee, this shift provides an exciting opportunity for us to innovate and diversify our offerings. We are enhancing our partnerships with local farmers and focusing on cost-effective, environmentally friendly sourcing methods.

The former chief financial officer for Royal Bank of Canada is suing the bank for almost $50 million over claims of wrongful dismissal.

Shiprocket, which ships goods for e-commerce companies, has partnered with Snowflake, a global AI data cloud company, to enhance data infrastructure for its 1.5 lakh merchants. This strategic collaboration, the Gurugram-based Shiprocket says, aims to streamline data operations, providing real-time insights and significantly reducing data processing times from days to minutes. The partnership will enable merchants to make data-driven decisions swiftly, optimise operations, and improve customer experiences. Additionally, Snowflake’s platform AI data cloud allows merchants to scale up their data infrastructure effortlessly. Through this partnership, Shiprocket intends to leverage advanced AI applications to enhance user interaction and accessibility for its seller community spread across the nation. It will increase efficiency in their e-commerce endeavours.

Mint looks at the new approach and the significance of the 3% target set by law. Governments need to live within their means. But with the ability to print money and borrow at will, they often spend more than what they earn, causing fiscal deficit.

Trust & Will, one of the leading digital estate planning platforms in the US, has unveiled a new subscription pricing model to help more financial advisors access its services.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Nadine Ahn says she had a chance to become the first woman to run Royal Bank of Canada before she was fired over a personal relationship with a colleague.

Stablecoins come in various formats. Many of the most popular stablecoins are backed by the United States dollar and offer a decentralized method of holding fiat currency. However, there are also stablecoins backed by other cryptocurrencies, algorithms, and even gold. Gold-backed stablecoins have seen quite an uptick, with prominent projects like Tether getting involved.

BJP on Monday rejected the Congress' demand for a Joint Parliamentary Committee (JPC) probe into Hindenburg's allegations and said the Opposition party was conspiring to bring about «economic anarchy and instability» in India. The Congress has been demanding Buch's resignation and that a JPC investigation be ordered to assess the full extent of what it described as the «Modani Mega Scam». Addressing a press conference at the BJP headquarters, senior party leader Ravi Shankar Prasad reiterated the party line that the short-selling firm's charge and the Opposition's criticism of the Sebi chairperson were part of a wider conspiracy. He claimed that billionaire investor George Soros is an investor in Hindenburg and is known for running a propaganda against the Narendra Modi-led government. «While India is being globally seen as a safe, stable and promising market, the Congress party wants to project that the Indian investment scenario is not safe,» he alleged, and claimed that the Opposition party was making use of the «chits» provided by foreign entities to damage the economy.