Tesla has increased prices of its Model S and Model X vehicles in the United States by $5,000 following an update to the two premium electric models, the company announced Thursday via a post on X and updates to its official website.The price hike applies to all configurations of both models. With the adjustment, the…
The US stock market opened sharply lower on Friday as investors reacted to a surge in oil prices and rising bond yields after Israel launched a wave of airstrikes on Iran, escalating Middle East tensions.The Dow Jones Industrial Average dropped over 480 points, down 1.12%, while the Nasdaq and S&P 500 also slipped, pressured by…
India’s foreign exchange reserves rose by $5.17 billion to reach $696.65 billion for the week ended June 6, according to data released by the Reserve Bank of India (RBI) on Friday. The increase reverses the previous week’s decline of $1.237 billion and brings the reserves closer to their record high of $704.885 billion touched in…
Boeing 787 Dreamliner fleet to undergo additional testing: After the tragic crash of a London-bound Air India flight in Ahmedabad on Thursday afternoon, the entire Boeing 787-8/9 Dreamliner fleet of Air India will undergo enhanced safety inspection.As per the latest directions from the Directorate General of Civil Aviation (DGCA), all Boeing Dreamliner 787/9 fleet of…
The rupee plunged 55 paise to close at 86.07 against the US dollar on Friday, its sharpest single-day fall in over three months, as a surge in global crude oil prices and heightened geopolitical tensions rattled investor sentiment.The currency, which opened weaker at 86.25, briefly recovered to an intraday high of 85.92 but ended the…
The catastrophic Air India incident is likely to subject Boeing to additional scrutiny. (AP photo) Air India plane crash: Boeing’s CEO Kelly Ortberg has cancelled his visit to the upcoming Paris air show, a significant aviation sector gathering, to concentrate on investigating the Air India Dreamliner 787-8 crash.“As our industry prepares to start the Paris…
NEW DELHI: The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme provides crucial financial support to farmers across India. Under this Central Government initiative, eligible landholding farmer families receive Rs 6,000 annually in three equal instalments of Rs 2,000 each, directly transferred to their bank accounts. What is the PM-Kisan scheme? The Pradhan Mantri Kisan Samman…
NEW DELHI: Singapore Airlines (SIA) shares declined on the Singapore Exchange on Friday, a day after an Air India flight was involved in a crash in Ahmedabad.SIA, which holds a 25.1% stake in Air India, saw its stock drop 1.7% to SGD 6.91 by the midday trading break, after slipping as much as 2.1% earlier,…
File photo: Union commerce and industry minister Piyush Goyal (ANI) STOCKHOLM: India’s goods and services exports in 2025-26 are expected to cross $900 billion, despite the global economic uncertainties, commerce and industry minister Piyush Goyal said. Despite uncertainties due to Russia-Ukraine conflict, Israel-Hamas war and Red Sea crisis, exports touched all-time high of $825 billion…
NEW DELHI: Air India chief executive officer and managing director Campbell Wilson visited the crash site of flight AI-171 in Ahmedabad on Friday. The airline had earlier confirmed that all 241 people on board the Boeing 787-8 aircraft, including 12 crew members, died in the tragic accident.“The 12-year-old Boeing 787-8 aircraft departed from Ahmedabad at…