A senior official at the Directorate General of Civil Aviation (DGCA) said Vistara aircraft VTI926 operating the flight from Ahmedabad–Delhi was involved in the runway incursion.
On India’s inclusion in the JPMorgan bond index, Sitharaman said: “It shows a prospect for $23 billion to come to India. That is the kind of impact that inclusion into the JPMorgan bond index means.”
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Softer-than-expected US inflation data and easing bond yields have also brought optimism in equity markets.
Varma, Professor of Finance and Accounting at Indian Institute of Management, Ahmedabad, says that the spike in inflation due to a rise in vegetable prices lasts only a few months when monetary policy is conducted appropriately. Excerpts:
Chinese banks have been asked not to square their positions in the inter-bank foreign exchange markets after any US dollar sales to clients, until their spot foreign exchange position hits a certain level, reported Reuters.
The chief executives of Air India and Akasa Air have privately exchanged barbs over the poaching of pilots, with the latter accusing its bigger rival of rule violations, provoking a reply that collusion to curb job switching can breach competition law.
Among the Sensex firms, NTPC, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Sun Pharma, State Bank of India, Titan and Tata Steel were the major gainers.
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