AIR INDIA FINANCIAL AID
Air India losses narrow, but Singapore Airlines’ profit falls 44% as fuel costs rise
In its latest financial report, Singapore Airlines announced a net profit of S$134 million for the first half, down from S$239 million in the same period last year. The airline faced a more than 20% rise in expenses, driven by higher jet fuel prices that reached US$171 per barrel, marking an 86.7% increase. Nevertheless, revenue saw a boost of 16.8% to S$11.
Air India flight from Kolkata to Mumbai moved to isolation bay after threat alert
An Air India flight from Kolkata to Mumbai was moved to the isolation bay on Wednesday morning following a threat alert shortly before take-off. Security agencies reached the spot and initiated checks as per standard operating procedures. Further details are awaited.
Qualcomm initiates India layoffs: Here’s how much employees will get in severance
Qualcomm has begun implementing planned job cuts globally, affecting employees in India and the US (in California).
Pakistan blames India's Diwali fireworks for Lahore's toxic air
The northern Pakistani city of Lahore topped Swiss group IQAir's ranking of the world's most polluted major cities for a second day on Tuesday, with an air quality index (AQI) of 263, categorised as "very unhealthy".
Nvidia faces deepening scrutiny over China chip ties, CEO affair
The market value of Nvidia has plummeted following troubling accusations against CEO Jensen Huang, linked to his association with Alice Huang, who faces espionage allegations. The FBI is currently investigating whether foreign intelligence agencies have targeted Huang due to this connection. In response, Nvidia's board has begun an internal review to mitigate potential threats, highlighting vital concerns about the company's security measures and governance structure.
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In a first since Covid, Diwali flight numbers fall as high fares, disruptions take a toll
Airlines scheduled about 6% fewer flights across October and November than a year earlier, according to data from aviation analytics firm Cirium. That marks the first capacity decline since 2020, when carriers slashed service capacity by nearly 45% amid the pandemic-induced collapse in travel demand.
Local partner wanted for Xiaomi ‘home’ coming
The proposal is in the exploratory phase, but the Chinese technology company is set to begin evaluating potential Indian suppliers, according to one of the persons who did not wish to be identified. “It marks a natural progression for Xiaomi as it has committed to expanding beyond air purifiers into categories such as air conditioners, refrigerators and washing machines,” the person said.
Titan bets on studded jewellery, premium watches and eyewear to drive growth
Titan’s strong Q2 performance, driven by studded jewellery and premiumisation, is expected to sustain earnings growth, with gold price stability and a prolonged wedding season likely to revive buyer growth.
Air India shortlists former Singapore Airlines executive Balagopal Kunduvara for CFO role
Air India has shortlisted former Singapore Airlines executive Balagopal Kunduvara for the CFO role as the airline steps up efforts to cut costs and improve financial performance. Kunduvara, who recently left his position as finance chief at Garuda Indonesia, has over two decades of experience at Singapore Airlines. The carrier reported losses of more than Rs 22,000 crore in the last financial year.
Can closing windows keep wildfire smoke out? How much smoke still gets in and do air purifiers work?
Closing windows can reduce how much smoke from wildfires gets indoors, but some can still seep in. A 2026 NIST experiment found that a portable air cleaner’s performance depended partly on how air moved between rooms.
47 out of 50 most polluted cities of the world in India, Delhi gets a high rank
According to live air quality rankings, India has 47 of the world's 50 most polluted cities. Sri Ganganagar in Rajasthan is the most polluted city globally, recording an alarming AQI of 671. Following closely are several cities from Haryana and Uttar Pradesh, with AQIs exceeding 300. Delhi ranks 13th in the world, highlighting the widespread air quality crisis in northern India.
Air India considers departed Garuda CFO for top finance position
Most recently, Kunduvara was finance chief for Garuda Indonesia, a position he recently left after holding the job for little more than a year. Prior to that, he spent more than two decades at Singapore Airlines, which is a partial owner of Air India alongside conglomerate Tata Group.
How to protect yourself from rising air pollution and smog: 6 practical tips and guide to choosing the right air purifier
Rising air pollution and smog affect daily life in India, particularly during winter months. Taking precautions such as wearing masks can help mitigate exposure to polluted air. Keeping windows and doors closed is essential during times of severe pollution. Regular home cleaning and avoiding indoor burning can improve indoor air quality effectively. Choosing the right air purifier involves considering room size, filter costs, and energy consumption.
Air quality deteriorates in north India post-Diwali; Delhi records highest AQI since 2021
A significant increase in air pollution was observed across north India following the recent Diwali celebrations. The Air Quality Index (AQI) levels in Delhi, Haryana, Punjab, and western Uttar Pradesh surpassed 350, indicating poor air quality. Many cities reported severe pollution, with readings at 439 recorded at Delhi Technological University. Residents experienced health issues such as breathing difficulties and eye irritation after the celebrations.
India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capital
India's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grids, battery storage, green hydrogen and clean technologies, according to a report by Australian economist Nicki Hutley. The report estimates a $6.5 trillion funding gap, which will require international capital to bridge.
Pune teacher sells father's land to teach 10 poor students, all clear MPSC exams; now he runs a Rs 20 crore campus in his village but still lives in a rented house
After selling his inherited house and farmland in 2005, Pune-based teacher Yajurvendra Mahajan started educating 10 underprivileged students. All cleared MPSC exams. His Deepsthamb Foundation now supports around 600 students, including persons with disabilities, orphans and transgender people, offering free education, accommodation, counselling and employment assistance.
Tenneco India explores diversifying beyond auto sector, eyes M&A
Tenneco Clean Air India is exploring acquisitions to diversify beyond the automotive sector, with potential targets in railways, aerospace and defence. CEO Arvind Chandra said the debt-free company has the cash to fund sizeable deals and is seeking businesses with strong technology, margins and an India growth opportunity.
Congress slams Modi govt for being in 'denial' on impact of air pollution on mortality
Congress general secretary Jairam Ramesh condemned the Modi government for denying air pollution's significant mortality impact. He referred to a FICCI-EY report indicating around 2 million death cases linked to pollution in 2023. The report urges reforms like tightening PM2.5 and ozone standards to WHO levels for better public health. Ramesh emphasized the need for revamping the National Clean Air Programme to address these alarming issues.
Delhi AQI at 3,000 or 300? Why different apps are showing different pollution levels
Delhi's air pollution readings have sparked confusion as government and independent monitoring platforms report sharply different AQI figures, ranging from the 300s to over 3,000. Differences in AQI calculation methods, averaging periods, monitoring networks and sensor technology explain why apps show varying numbers. Here's why Delhi's AQI readings differ and how PM2.5 levels can provide a clearer picture of air pollution.
India revels in Diwali celebrations; crackers contribute to 'very poor' Delhi air
On Sunday, Diwali celebrations were held across India, with various leaders participating in customary rituals. Prime Minister Narendra Modi celebrated the festival with security personnel in Chhattisgarh, marking a new era free from Naxalism. In Delhi, strict measures were taken to ensure compliance with safety regulations regarding firecrackers during the festivities. Meanwhile, the air quality in Delhi worsened due to pollution from celebrations and stubble burning.
Andhra CM Naidu orders immediate financial aid for Cyclone Murasu-hit families, steps to curb price rise
Andhra Pradesh Chief Minister N Chandrababu Naidu has directed officials to provide immediate financial assistance to families affected by Cyclone Murasu, ensure uninterrupted supplies of essential commodities and curb price rise. The state has distributed relief supplies to 3.8 lakh families, while power restoration and crop damage assessments remain underway.
Delhi schools to hold classes up to Class 5 in hybrid mode as pollution worsens
The Delhi Directorate of Education has mandated that all schools offer hybrid classes for students up to class 5. This decision comes in response to the deteriorating air quality in the national capital. Classes will allow for both in-person and online attendance to accommodate students' needs. School heads must notify parents and guardians about these arrangements promptly. Education officials will visit schools to ensure the implementation of these new directives.
LG Electronics shares jump 8% to 52-week high after Q2 results. Jefferies retains Buy, retains target price
LG Electronics India shares surged to a 52-week high after strong Q2FY27 results, with Jefferies retaining its Buy rating and Rs 1,950 target price. The brokerage expects 21% EPS CAGR through FY29, driven by premiumisation, capacity expansion and new business opportunities.
From Iran to trade, how the US midterms impact the rest of the world
US Democrats' recent midterm election victories could influence global relations, especially concerning Iran and Israel. The potential for a peace deal with Iran seems viable as US voters oppose prolonged conflicts. In Ukraine, Democrats may propose increased financial and military aid, which could face delays. Additionally, Asian countries may reconsider investment pledges to avoid tariffs in light of these outcomes.
Delhi air turns hazardous; AQI touches 605, GRAP-II vehicle curb enforced at Gurgaon border
Delhi AQI: Among the worst-affected locations, Punjabi Bagh recorded an AQI of 452, followed by Dhaula Kuan at 417, ITO at 418, RK Puram at 423 and Ghazipur at 410. The air quality around India Gate stood at 414, with all these locations falling in the severe category.
Air India CEO targets lower costs, higher passenger yields to steer airline towards profitability
Air India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financial turnaround. The plan includes bringing unit costs in line with industry levels, restructuring its Delhi network, expanding international flights from Mumbai and exploring Bengaluru as a third hub.
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