World Updates
In an interview with Moneycontrol after the RBI policy meeting, Joseph Thomas, Head of Research at Emkay Wealth Management, said that there is very little chance of any more interest rate cuts for the remainder of the fiscal year. This is because, in an otherwise capital-scarce economy, the present policy rate—which is as low as … Read more
Live cancellation of IndiGo flights: IndiGo said that it is making a concerted effort to resume network-wide operations. The airline said that in the next days, flight operations may become even better. “Compared to yesterday, there were far fewer cancellations today—less than 850 flights. In a statement, an airline representative stated, “We are continuing to … Read more
A senior official said that at least 23 employees of a nightclub in Arpora village, North Goa, perished in a fire late on Saturday night. Alok Kumar, the head of Goa police, told PTI that a cylinder burst caused the fire. “There have been at least 23 corpses found. The club’s employees were the victims, … Read more
IndiGo Airlines’ continuous problem resulted in the cancellation of 146 flights (70 arrivals and 76 departures) at Mumbai Airport on Saturday. According to a Mumbai International Airport Limited (MIAL) spokesperson, a number of steps were taken to alleviate the situation. Despite the airport’s limited space, special parking arrangements were made to accommodate about 25 grounded … Read more
The Karnataka government on Thursday gave administrative clearance for a short tunnel-elevated corridor between Hebbal Junction and Mehkri Circle in order to alleviate chronic traffic congestion along Bengaluru’s Ballari Road. With an estimated cost of Rs 2,215 crore, the project would provide North Bengaluru with a vital transport enhancement, especially for commuters heading to the … Read more