Mumbai, March 1 (IANS) Escalating tensions between Israel and Iran are expected to weigh on Indian markets in the near term, mainly driven by a rise in energy prices, analysts said on Sunday.Analysts said that oil marketing companies, aviation, paints, autos, consumer discretionary and logistics could face pressure due to the tension in the Middle East.The immediate market reaction is likely to be negative as investors assess whether the flare‑up will become a prolonged conflict or remain a sh…
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Mumbai, Feb 24 (IANS) Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company’s most stable businesses.The stock dropped 13.2 per cent to close at $223.35, marking its biggest one-day decline since October 18, 2000.IBM’s shares are now down around 25 per cent so far this year as investors rethink how fast AI could change the economics of enterprise software and IT services.The sell-off was …
New Delhi, Feb 24 (IANS) Jharkhand Health Minister Irfan Ansari on Tuesday termed the Chatra air ambulance crash a “very tragic” and “major” incident, confirming that all seven people on board were killed after the aircraft went down in a forested area of the district.Arriving in Chatra following the crash, Ansari said the aircraft had disappeared from the radar while transporting a patient to Delhi.“Late yesterday evening, a patient was being taken to Delhi via a Redbird flight when I…
Thiruvananthapuram, Feb 7 (IANS) TRV (Kerala) International Airport Limited, the operator of Thiruvananthapuram International Airport, achieved two significant passenger traffic milestones in January 2026, marking a major step forward in the airport’s growth trajectory. TRV Airport is managed by TRV (Kerala) International Airport Limited (TIAL), a special purpose vehicle under Adani Airport Holdings Limited (AAHL).AAHL is a subsidiary of Adani Enterprises, the flagship incubator of the Adani Gro…
Nagpur, Feb 6 (IANS) Adani Defence and Aerospace Director Jeet Adani on Friday said that Vidarbha stands at the core of India’s energy story, and the Adani Group’s presence in Vidarbha is not transactional; it is generational. Addressing the ‘Advantage Vidarbha 2026’ here, Jeet Adani said the Adani Group is here to build energy security, create high-quality jobs, uplift communities, and strengthen India’s economic foundations.”Our investments here align with three national priorities — powering…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman rolled out a range of customs duty cuts across sectors such as marine products, textiles, leather, and defence and aviation sectors to boost manufacturing and increase exports in the Union Budget 2026-27 presented in the Lok Sabha on Sunday.As part of sector-specific measures to promote exports of marine products, the Finance Minister proposed to raise the limit for duty-free imports of specified inputs used for processing seafood for e…
Hyderabad, Jan 30 (IANS) Union Minister for Civil Aviation K. Ram Mohan Naidu said on Friday that Wings India exhibition stands as a strong testament to the world’s confidence in India’s aviation growth story. The minister shared his experience at the exhibition organised as part of Wings India, the civil aviation summit, which entered its third day at Begumpet Airport here.“A vibrant and immersive experience at the Wings India exhibition, which truly showcases the scale, diversity and amb…
New Delhi, Jan 27 (IANS) With an aim to collaborate on opportunities in aircraft manufacturing, supply chain, aftermarket services and pilot training, global aerospace leader Embraer and Adani Defence & Aerospace on Tuesday signed a memorandum of understanding (MoU) to develop an integrated regional transport aircraft ecosystem in India.With this collaboration, the companies aim to establish an assembly line, followed by a phased increase in indigenisation to advance India’s Regional Trans…
Visakhapatnam, Jan 4 (IANS) The first commercial validation flight landed successfully at the Bhogapuram Greenfield International Airport in Vizianagaram district on Sunday, heralding a new era in the aviation sector in Andhra Pradesh.The Air India flight from New Delhi landed at the Bhogapuram Airport, about 50 km from Visakhapatnam.Civil Aviation Minister Ram Mohan Naidu Kinjarapu and Vizianagaram MP Kalisetti Appala Naidu, along with senior officials, travelled by the test flight.The test fli…