Author: NNI Editor

Raj Pasricha, who sustained head and facial injuries at the Delhi airport on March 4, 2025 due to a fall while she was making her way to the check-in counter following an alleged delay in providing her a wheelchair. Photo: Special Arrangement Directorate General of Civil Aviation (DGCA) has sought a detailed report from Air India after an 82-year-old passenger suffered a fall at the Delhi airport following an alleged delay in providing her a wheelchair. The woman was admitted to ICU for brain stroke.“We have asked Air India for a detailed report with evidence by Monday,” a senior DGCA official…

The DGCA is investigating the tail strike incident which occurred when IndiGo’s 6E- 5325 Mumbai-Chennai flight was making a landing on March 8, 2025. | Photo Credit: Special Arrangement The tail section of an IndiGo Airbus A321 aircraft scraped against the runway at Chennai Airport on Saturday (March 8, 2025) during the time of landing in what is at least the sixth such incident in the past two years for the airline.The DGCA is investigating the tail strike incident which occurred when IndiGo’s 6E- 5325 Mumbai-Chennai flight was making a landing. The aircraft registered as VT-IBI made a landing at…

Image used for representative purpose only | Photo Credit: Reuters Financial services firm Tata Capital is likely to file preliminary papers with markets regulator SEBI to raise $2 billion (over ₹17,000 crore) through an initial public offering (IPO) only after getting final approval from the NCLT for Tata Motors Finance merger with the company, according to sources.At this size, the company is expected to be valued at around $11 billion, they said.The final order is awaited from the National Company Law Tribunal (NCLT), which is expected to be closed by the end of this financial year (FY25), sources said.An email…

Cotton farmers are unhappy because of the low yields. | Photo Credit: Nagara Gopal Increasing import of raw and waste cotton in the last seven months has brought to fore the urgent need for measures to improve cotton productivity in India.Also Read:Allocation for cotton in Budget ‘insufficient’, say farmersCotton imports were to the tune of $104 million in August 2024, $134.2 million in September 2024, $127.71 million in October, $170.73 million in November, and $142.89 million in December, 2024. In January this year, it stood at $184.64 million.Comparably, the imports were $74.4 million in August 2023, $39.91 million in September…

The story so far: India committed to procure more oil and natural gas from the U.S. when Prime Minister Narendra Modi met U.S. President Donald Trump in February in Washington amid tariff threats. Foreign Secretary Vikram Misri said India’s energy purchases from the U.S. could increase from last year’s $15 billion to $25 billion in the near future. A Reuters report showed that the U.S. exported about 3,57,000 barrels per day (bpd) of crude to India in February, compared with exports of about 2,21,000 bpd last year.What has India agreed on? India is the world’s third-largest oil importer and consumer. For…

As per CITI, U.S. is the single largest export destination for Indian textile and apparel sector. Most textile and apparel export associations have suggested to the government to go in for reduction of tariff or zero-for-zero trade agreement with the U.S.The Apparel Export Promotion Council said the tariff levied by the U.S. on textiles and apparel ranges from 2% to 32%. Reduction in tariff will not affect Indian exporters, said AEPC’s secretary general Mithileshwar Thakur.According to the Confederation of Indian Textile Industry (CITI), the U.S. is the single largest export destination for Indian textile and apparel sector, contributing to 28.5% of…

Union Finance Minister Nirmala Sitharaman Strict regulatory compliances and entry of new banks and non-bank entities have presented both challenges and opportunities to established players and they should evolve to rise up to the occasion, Union Finance and Corporate Affairs Minister Nirmala Sitaraman said on Saturday.She was attending platinum jubilee celebration of State Bank of India (SBI), the largest commercial bank in the country. During the event, she virtually inaugurated 70 branches of the bank across India and 17 corporate social responsibility (CSR) initiatives at the SBI headquarters here. Ms. Sitaraman also unveiled 501 women customer service points of the…

SpiceJet’s passenger aircraft. File | Photo Credit: Reuters SpiceJet is facing a fresh round of troubles as three Ireland-based aircraft lessors and a former pilot have filed insolvency pleas in NCLT against the budget carrier, claiming defaults.Also Read | Spicejet plans to raise over ₹3,200 crore via debt, equityThree lessors – NGF Alpha, NGF Genesis and NGF Charlie- have filed petitions under Section 9 of IBC, seeking initiation of insolvency proceedings against SpiceJet claiming dues totalling $12.68 million (about ₹ 110 crore). SpiceJet, during the proceedings of the National Company Law Tribunal, earlier this week, sought some time to resolve…

Maruti Suzuki India Limited. File | Photo Credit: Reuters Maruti Suzuki India (MSI) on Saturday said it has joined hands with Hero FinCorp for vehicle finance.As per the MoU inked between the entities, the partnership will leverage the automaker’s wide-reaching network and Hero FinCorp’s tailored financial solutions for new and pre-owned car loans.”Collaborating with Hero FinCorp builds on our ability to offer innovative, transparent, and attractive financing solutions that address ever-evolving customer needs for car finance,” MSI Senior Executive Officer (Marketing & Sales) Partho Banerjee said in a statement.With this tie-up, MSI today has over 40 retail finance partners for…

About 90% of 1,400 women working in the corporate sector felt mental health issues were impacting productivity, while 80% of them faced workplace stereotypes on maternity leave and career growth, according to a survey.Among those surveyed, 42% reported symptoms of depression and anxiety, the findings by Mpower, an initiative of Aditya Birla Education Trust led by Neerja Birla, revealed. “Mumbai is navigating a complex landscape of challenges—ranging from relationship concerns, separation, and emotional dysregulation to parenting struggles, including raising children with emotional difficulties, special needs, or non-suicidal self-injury,” said Dr. Harshida Bhansali, a senior psychiatrist.“Issues of autonomy in decision-making, financial…