Boeing reported a $5.4 billion loss for the third quarter on Wednesday as persistent certification delays for its 777X aircraft forced the company to book an additional $4.9 billion charge, according to an AFP report.The aviation major, however, posted a 30% year-on-year rise in revenue to $23.3 billion, driven by higher commercial jet deliveries. But…
US stocks held close to record levels on Wednesday as investors awaited the Federal Reserve’s interest rate decision, with gains in tech and industrial heavyweights helping sustain Wall Street’s momentum.The S&P 500 was up 0.3%, while the Dow Jones Industrial Average rose 193 points (0.4%) and the Nasdaq Composite gained 0.7% as of 9:35 am…
The Income tax department on Wednesday extended the due date for filing income tax returns for AY 2025-26 for corporates and taxpayers requiring audit reports to December 10, 2025, according to a notification issued by the central board of direct taxes.According to an official notification issued by the CBDT, “The due date of furnishing the…
NEW DELHI: India will by Saturday (Nov 1) implement relaxed flight duty time rules for pilots to ensure that the cockpit crew operating flights are not fatigued, giving an impetus to flight safety. The Directorate General of Civil Aviation (DGCA) Wednesday said the seven remaining clauses of the revised “flight duty time limitations” (FDTL) will…
State-owned Coal India Ltd (CIL) on Wednesday reported a 32% decline in consolidated profit at Rs 4,262.64 crore for the September quarter, weighed down by lower sales and rising costs. The Maharatna PSU miner had posted a profit of Rs 6,274.80 crore in the same quarter last year.According to a regulatory filing, the company’s consolidated…
Elon Musk-led Starlink is set to conduct demonstration runs in Mumbai on October 30 and 31 to showcase compliance with security and technical conditions for satellite broadband services, according to sources cited by PTI.The demos will be held before law enforcement agencies and are based on the provisional spectrum assigned to Starlink, the sources told…
8th Pay Commission salary hike news: Central government employees and pensioners have reason to cheer with the Cabinet approving the terms of reference for the 8th Pay Commission. The new salary and pension levels are expected to be retrospectively effective from January 1, 2026 after the commission submits its report to the government in 12-18…
Union commerce and industry minister Piyush Goyal has concluded a three-day visit to Brussels, where India and the European Union engaged in negotiations to achieve a mutually beneficial, balanced and equitable trade agreement.During the visit that lasted from October 26 to October 28, Goyal held detailed discussions with Maros Sefcovic, European commissioner for trade and…
AI image for representation China on Tuesday positioned itself as an option for open markets and regional cooperation, signing an upgraded free trade pact with the Association of Southeast Asian Nations (ASEAN) while taking a veiled swipe at US President Donald Trump’s protectionist stance.Premier Li Qiang said the new pact — the ASEAN-China Free Trade…
US President Donald Trump on Wednesday suggested that Washington could soon reach a trade agreement with India, emphasising that the two countries have strong bilateral ties.“If you look at India and Pakistan, so I’m doing a trade deal with India, and I have great respect and love. As you know, for Prime Minister Modi, we…
