An Air Canada Express plane hit a ground vehicle at New York’s LaGuardia Airport, FlightRadar24 reported on X on Monday.The US Federal Aviation Administration (FAA) stopped all flights at the airport, according to a notice from the agency.The Air Canada Express CRJ-900, flying from Montreal, collided with a fire truck on Runway 4 while landing,…
Rupee began the week on a red note, tumbling to its record low in early trade. The currency dropped 33 paise to hit a record low of 93.86 against the US dollar, slipping past its previous trough of 93.7350 recorded on Friday. The fall comes as boiling tensions in the Middle East have fueled fears…
Oil prices remained volatile on Monday as traders assessed escalating geopolitical tensions around the Strait of Hormuz. Brent crude hovered near $112 a barrel, while West Texas Intermediate traded close to $98, as markets reacted to a 48-hour final warning issued by Donald Trump.The WTI crude stood at $98.67 per barrel around 7:55 am IST….
Nomura has a buy rating on Petronet LNG with the target price cut to Rs 340 from Rs 370. Analysts said the crisis in West Asia may hurt the company’s near-term volumes. They cut the company’s FY27 earnings before interest, taxes, depreciation and amortisation (EBITDA) by 23% as Ras Laffan may take months to come…
Iran on Sunday threatened to “completely close” the Strait of Hormuz if US President Donald Trump acts on his warning to strike Iranian energy facilities within 48 hours. The Islamic Revolutionary Guard Corps (IRGC) said energy sites in countries hosting US bases would become “lawful” targets.The US President had warned: “If Iran doesn’t fully open,…
NEW DELHI: With increased security threat along the western and northern frontiers, especially after last year’s conflict with Pakistan, the Indian Army has added another Pinaka regiment and is preparing to induct one more by the end of the year, it is learnt. With the operationalisation of one more regiment, the Indian Army now has…
NEW DELHI: Effective from Jan 2024, Indian Railways has increased the rates of Kilometrage Allowance and Allowance in lieu of Kilometrage (ALK) by 25% for all running staff across its system. The updated rates will benefit over two lakh railway personnel, including loco pilots, assistant loco pilots, firemen, guards and other running staff. The decision…
NEW DELHI: Amid the crisis in West Asia, two vessels – LPG tanker Pyxis Pioneer, carrying 16,714 tonnes of LPG from the US, and oil tanker Aqua Titan, carrying 96,099 tonnes of Russian crude – arrived at New Mangalore Port on Sunday.Mangaluru has India’s largest underground LPG storage facility of 80,000 tonnes, which became operational…
US treasury secretary Scott Bessent on Sunday said the United States has “plenty of money to fund” its war against Iran, asserting that President Donald Trump is keeping “all options on the table” amid the ongoing Middle East conflict.Speaking to NBC News, Bessent defended the administration’s actions, saying Trump acted within his legal authority. “President…
In a hugely provocative statement, Abdul Basit, former high commissioner of Pakistan to India, has said that striking Indian cities like New Delhi and Mumbai should be Islamabad’s “default move” if the country comes under attack from the US.“America won’t attack Pakistan’s nuclear arsenal. Even if we believe that in a hypothetical situation, America attacks…