Business

Air India

Air India board to discuss cost cuts, CEO succession May 7

New Delhi/Mumbai: As headwinds persist for the loss-making Air India, its board is expected to discuss cost-saving plans, selection of the next CEO, financials, and other issues during the meeting scheduled for May 7, according to sources. Headwinds for the Air India Group, which is...

UAE lifts curbs on airspace

UAE resumes normal airspace operations, flights to India increase

New Delhi: The UAE General Civil Aviation Authority has announced the full resumption of normal air navigation operations within UAE airspace and the lifting of temporary precautionary measures, and consequently, Indian and UAE carriers have started operating more flights from the UAE to various destinations...

OMFED raises milk prices by Rs 4/litre

Bhubaneswar: Odisha State Cooperative Milk Producers' Federation (OMFED) Sunday increased the price of milk by Rs 4 per litre, citing a rise in processing and transportation costs. While prices of toned milk rose from Rs 50 to Rs 54 per litre, Premium milk climbed from...

US alerts shipping firms to sanctions over Iran tolls

US alerts shipping firms to sanctions over Iran tolls

Dubai: The United States is warning shipping companies that they could face sanctions for making payments to Iran to pass through the Strait of Hormuz safely. The alert posted Friday by the US Office of Foreign Assets Control adds another layer of pressure in the...

Trump

Trump warns of possible global oil disruption amid Hormuz tensions

Washington: US President Donald Trump signalled potential disruption to global oil flows, warning that maritime congestion and military actions near key shipping routes could affect energy supplies. Speaking at a Forum Club event in Palm Beach, Trump described heavy vessel traffic around a critical Gulf...

 

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