Boeing is improving. Can CEO Kelly Ortberg keep it up?
[ad_1] FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg‘s leadership. Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement
AGR dues demand: DoT issues Rs 7,827 crore notice to Tata Communications, firm says licences not covered under SC order
[ad_1] The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice of Rs 7,827.55 crore to Tata Communications for adjusted gross revenue (AGR) dues spanning nearly two decades, the company disclosed in an official note dated July 17.The dues have been raised for the financial years from 2005–06 to 2023–24. Tata Communications Managing Director AS Lakshminarayan said in the note
TCS to cut workforce by 2%, affecting more than 12,000 jobs
[ad_1] IT services provider Tata Consultancy Services will reduce its workforce by 2% in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday, July 27, 2025. | Photo Credit: Reuters IT services provider Tata Consultancy Services will reduce its workforce by 2% in its 2026 financial year, primarily affecting middle and senior management, the
Air India plane crash: Flight fear deepens! Anxiety soars among frequent flyers, say psychiatrists
[ad_1] The Air India crash on June 12 in Ahmedabad, which killed 260 people, has left many air travellers shaken. As investigations continue into whether the accident was caused by pilot error or a mechanical failure in the Boeing 787 Dreamliner, the psychological impact is already visible.According to mental health experts, fear of flying has risen sharply, even among regular
RBI monetary panel member sees no challenges in Indian economy growing over 6.5% in FY26
[ad_1] The Indian economy is growing at a robust pace and will not face any challenge in achieving a growth rate upwards of 6.5% in the current financial year, RBI Monetary Policy Committee (MPC) member Nagesh Kumar said on Sunday (July 27, 2025). Mr. Kumar, in an interview with PTI Videos, further said that the Indian economy, among all economies,
MCap of six of ten most valued firms drops by ₹2.22 lakh crore; Reliance biggest laggard
[ad_1] “The valuation of Reliance Industries tumbled ₹1,14,687.7 crore to ₹18,83,855.52 crore,” the most among the top-10 firms. | Photo Credit: Reuters The combined market valuation of six of the ten most valued firms diminished by ₹2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark
Kerala on Alert: IMD warns of more rains in till July 30; yellow alert in 9 districts
[ad_1] Kerala on Yellow Alert: As the state continues to receive heavy rains and strong winds, a yellow alert has been issued in nine districts of Kerala. These districts are Ernakulam, Idukki, Thrissur, Palakkad, Malappuram, Kozhikode, Wayanad, Kannur and Kasaragod. The India Meteorological Department (IMD) has warned that heavy rains are likely to continue till July 30 due to the formation
Dam gamble on Siang: China moves ahead with its mega project – Will India’s response face local resistance?
[ad_1] Tractors slowly climbed a muddy hillside in Begging village of Arunachal Pradesh’s Siang district, carrying drilling rigs and equipment for a sensitive pre-feasibility study on May 21. The goal was to assess the possibility of building a massive dam across the Siang River, called the Brahmaputra in Assam and Yarlung Zangbo in China.But on the opposite bank, in Parong,
Flood threat in Northern Odisha, Government closely monitoring 3 rivers
[ad_1] The Government is closely monitoring the Subarnarekha, Jalaka and Baitarani rivers after the incessant rainfall has created a flood-like situation in the areas of Balasore, Bhadrak and Jajpur district of Northern Odisha. The Baitarani river has crossed the danger mark at Akhuapada, prompting the administration to issue a flood warning for Jajpur and Bhadrak districts. Speaking with ANI, Chief Engineer of Water Resources Lingraj Gaur said, “The catchment of the Baitrani river experienced heavy rainfall
What does the new U.K.-India trade deal entail? | Explained
[ad_1] The story so far:India and the U.K. signed a Comprehensive Economic and Trade Agreement (CETA) on Thursday, after having announced the conclusion of negotiations on the deal in May this year. With negotiations starting in January 2022, the deal marks a more than three-year effort to enhance bilateral trade between the two countries. What has broadly been agreed to?
Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth’; says ‘we have to have capital expenditure grow’
[ad_1] File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India’s foremost priority. She also underlined that the government will continue to rely on increased public capital expenditure as a major tool to drive development.Speaking at a book launch event in New
‘AI will gobble up most low-hanging jobs of coders’
[ad_1] Tech India is witnessing a transformational shift, with its bellwethers currently busy deploying their AI-first strategy to nurture increased human+AI collaborations at their workplaces. This means a few unpleasant things for the software developer community(software): most of the low-hanging, also some of the not so low-hanging coding jobs will go to their AI colleagues; AI will make some developers
Lodha Developers Q1 net profit jumps 42% to ₹675 cr
[ad_1] Source: Company website | Photo Credit: BL companies Realty firm Lodha Developers Ltd on Saturday reported a 42 per cent surge in its consolidated net profit to ₹675.1 crore for the first quarter of this fiscal, due to better income driven by strong housing demand. Its net profit stood at ₹475.9 crore in the year-ago period. The total income
IDFC First Bank Q1 net profit slumps 32% to ₹463 crore
[ad_1] Representational photo | Photo Credit: IDFC First Bank Ltd. reported a 32% fall in Q1 net profit to ₹463 crore from the same period last year largely impacted by microfinance business and interest rate movement. Net interest income (NII) grew 5.1% YoY from ₹4,695 crore to ₹4,933 crore. Net interest margin (NIM) on AUM reduced by 24 bps QoQ, from
PM Modi inaugurates, dedicates to nation ₹4,900 crore worth projects in TN
[ad_1] Prime Minister Narendra Modi | Photo Credit: PMO Prime Minister Narendra Modi on Saturday inaugurated, laid foundation stones and dedicated projects worth ₹4,900 crore in Tamil Nadu. The projects are related to airport, highways, railways, port and power in Tamil Nadu. The inaugurated projects include a new state-of-the-art Tuticorin airport terminal building, developed at an estimated cost of around
Rare earth supply risk: Indian electronics firms worried as Chinese curbs may hit; but can Beijing also afford this?
[ad_1] This is an AI-generated image, used for representational purposes only. A number of applicants under India’s Electronics Component Manufacturing Scheme (ECMS) have flagged concerns over meeting their first-year production targets due to ongoing shortages of rare earth minerals. According to ET, at least 10 companies have raised the issue with the ministry of electronics and information technology (MeitY), warning
Air India pays interim compensation to families of 166 of 260 Ahmedabad-crash victims
[ad_1] Families of 166 of the 260 people killed in the Air India aircraft crash in Ahmedabad on June 12, have so far received interim compensation of ₹25 lakh, the airline stated on Saturday evening. Of those who have received the interim payment are 147 of the 229 passengers and 19 persons who perished on the ground, Air India added
Kotak Mahindra Bank Q1 net profit falls 7% to ₹3,282 crore
[ad_1] Kotak Mahindra Bank Ltd. for the first quarter ended June 30, 2025 reported a 7% decline in standalone net profit to ₹3,282 crore from ₹3,520 crore in the year-ago period excluding gain of Kotak General Insurance (KGI) divestment. Net Interest Income (NII) for the quarter increased to ₹7,259 crore, up 6% YoY from ₹6,842 crore. Net Interest Margin (NIM) was
Inflows into MFs increase after banks cut their deposit rates
[ad_1] Inflows into mutual funds (MFs) have been on a steady uptrend in the wake of banks cutting their fixed deposit rates. MF inflows are expected to gather pace in the coming months as the RBI has ushered in a soft interest rate regime to boost the economy. Leading public and private sector banks, including SBI, HDFC Bank, ICICI Bank, IDFC
Chemists body expresses concern at state licensing authorities’ inaction on complaints against e-pharmacies
[ad_1] MYSORE, 16/05/2013: Chemists in Mysore are concerned that the new drugs policy will result in fall in trade margins on May 16, 2013. Photo: M.A. Sriram | Photo Credit: SRIRAM MA The All-India Organisation of Chemists and Druggists (AIOCD) has expressed concern regarding “no visible action” taken by the State Licensing Authorities regarding complaints against the unauthorised sale of
India-US trade deal: Piyush Goyal shares important update; says negotiations ‘making fast progress’
[ad_1] File photo: Commerce and industry minister Piyush Goyal (Picture credit: PTI) Commerce and industry minister Piyush Goyal on Saturday said that discussions with the United States on the proposed bilateral trade agreement are progressing swiftly.Addressing the media, Goyal said that negotiations with Washington are “making fast progress”, as per news agency PTI. India-U.S. Trade Deal: What’s India’s Smart Backup
CBS canceling Colbert raises questions about late night
[ad_1] A marquee featuring “The Late Show with Stephen Colbert” is seen outside the Ed Sullivan Theater, where Colbert’s show is produced, in New York City on July 18, 2025. Angela Weiss | AFP | Getty Images There are two schools of thought around CBS’ decision to end “The Late Show with Stephen Colbert.” The first says the cancellation is
India-U.K. free trade agreement ‘game-changing’, every section to benefit, says Piyush Goyal
[ad_1] Union Minister of Commerce and Industry Piyush Goyal and Secretary of State for Business and Trade, Jonathan Reynolds sign the India-UK Comprehensive Economic and Trade Agreement [CETA], in London. | Photo Credit: ANI Union Minister for Commerce and Industry Piyush Goyal on Saturday (July 26, 2025) termed the India-U.K. free trade agreement as “game-changing” and said it will benefit
China’s Premier takes aim at AI ‘Monopoly’ as US effort quickens
[ad_1] Chinese Premier Li Qiang speaks during the opening ceremony of World Artificial Intelligence Conference in Shanghai, China, July 26, 2025. REUTERS/Xihao Jiang | Photo Credit: XIHAO JIANG China will spearhead the creation of an international organisation to jointly develop AI, the country’s premier said, seeking to ensure that world-changing technology doesn’t become the province of just a few nations
NASA says thousands of employees set to resign from Space Agency
[ad_1] NASA will lose roughly 3,870 employees through a voluntary resignation program, part of a broad push from President Donald Trump’s administration to reduce the federal workforce. The numbers are subject to change as NASA reviews applications, including if an employee withdraws from the program or a resignation isn’t approved, the US space agency said in a statement on Friday.