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Air India Pilot Psychoactive Substance: Phuket-Delhi flight incident: Air India terminates pilot who tested positive for drugs

The incident also caused significant damage inside the cabin Air India on Friday said it had terminated the employment of the Pilot-in-Command of its Phuket-Delhi flight after he tested positive for a psychoactive substance.“The Pilot-in-Command of the Phuket-Delhi flight tested positive for a psychoactive substance. In line with Air India’s zero-tolerance approach to violations of…

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National Stock Exchange Ipo: NSE IPO could be worth Rs 30,000 crore after Sebi gives green signal

NSE received Sebi’s final observations on Friday India’s markets regulator Sebi has cleared the National Stock Exchange’s long-awaited initial public offering, paving the way for the country’s largest bourse to make its stock market debut after nearly a decade of regulatory delays.NSE received Sebi’s final observations on September 4, according to an update with the…

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EV shift puts auto parts MSMEs under pressure

India’s shift towards electric mobility and tech-intensive vehicles is exposing a capability gap CHENNAI: India’s shift towards electric mobility and tech-intensive vehicles is exposing a capability gap among auto component manufacturers, particularly MSMEs, even as imports of batteries, power electronics, embedded software and advanced electronics rise.Domestic OEM sourcing of auto components grew 16% to Rs…

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‘PM Modi warned us’: Belgium PM sounds alarm over trade threat to Europe, takes veiled dig at China

PM Modi and Belgian PM Bart De Wever during their bilateral meeting in New Delhi NEW DELHI: Belgian Prime Minister Bart De Wever said Europe had undergone a “rude awakening” over the risks of trade dependencies, acknowledging that India had warned European countries about the issue earlier but that the warning was not heeded.Speaking about…

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Gadkari says govt will allow Rs 5,000 IIT-Delhi innovation to be retrofitted for old diesel trucks and buses; device can cut particulate pollution up to 90% and bring emissions on par with BS-VI

The devices can be fitted on BS-IV, BS-III and older diesel vehicles (Image for representative purpose only) Looking to tackle the growing problem of pollution, the government is now looking to curb vehicular emissions with the help of a new innovation from IIT Delhi.Road Transport Minister Nitin Gadkari on Thursday announced the move, saying it…

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Nvidia’s price hike plan may raise India’s AI infra costs

India’s AI infrastructure push could get more expensive NEW DELHI: India’s AI infrastructure push could get more expensive. Nvidia’s reported plan to raise AI server prices by around 15% from next year is expected to increase deployment costs for GPU cloud providers, data-centre operators and companies building large compute clusters, with industry executives warning that…

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Silver prices crash over 40% from Rs 4 lakh/kg high to Rs 2.35 lakh, but buyers are still staying away; bigger problem yet to arrive as 2,000 tonnes ordered by Indian dealers risk piling up

Traders and analysts have said that the slowdown in investment demand can be seen across silver exchange-traded funds (ETFs), bars and coins. A huge crash in silver prices should have led to a revival in demand, but investors seem to be staying away. And this has raised a fresh worry ahead of the festive season.Silver…

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