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Category: Business

Business

Critical engine components used on Airbus A320neo, Boeing 737 MAX aircraft to be repaired in Hyderabad

Posted on July 28, 2026 By admin
Critical engine components used on Airbus A320neo, Boeing 737 MAX aircraft to be repaired in Hyderabad

GMR Aero Technic has signed a licence agreement with Honeywell Aerospace for the maintenance, repair and overhaul of line replaceable units (LRUs) of Leap Engines. | Photo Credit: Special Arrangement Critical engine components used on Airbus A320neo and Boeing 737 MAX aircraft will now be repaired in Hyderabad after GMR Aero Technic signed a licence…

Read More “Critical engine components used on Airbus A320neo, Boeing 737 MAX aircraft to be repaired in Hyderabad” »

Business

Lufthansa confirms €3 bn upgrade to India-bound fleet; Germany a preferred tourist destination for Indians, says GNTO

Posted on July 28, 2026 By admin
Lufthansa confirms €3 bn upgrade to India-bound fleet; Germany a preferred tourist destination for Indians, says GNTO

Lufthansa planes parked at Frankfurt airport | Photo Credit: Reuters With India emerging as one of its strongest growth markets, the German National Tourist Office (GNTO) has unveiled its four campaign themes for this year and Germany’s national carrier Lufthansa confirmed a €3 billion investment to lift its India-bound fleet, including doubling the capacity in…

Read More “Lufthansa confirms €3 bn upgrade to India-bound fleet; Germany a preferred tourist destination for Indians, says GNTO” »

Business

Industrial growth hits 23-month high of 7.3% in June 2026

Posted on July 28, 2026 By admin
Industrial growth hits 23-month high of 7.3% in June 2026

India’s industrial growth hit a near two-year peak of 7.3% in June 2026, fuelled by strong performance in manufacturing, electricity, and capital goods, official data released on Tuesday showed. Analysts, however, caution that this strong performance might not continue in the face of a lower-than-expected monsoon, and continued uncertainty due to the war in West…

Read More “Industrial growth hits 23-month high of 7.3% in June 2026” »

Business

Instamart CEO Amitesh Kumar Jha resigns, Nandita Sinha to replace him

Posted on July 28, 2026 By admin
Instamart CEO Amitesh Kumar Jha resigns, Nandita Sinha to replace him

CEO of Swiggy-owned quick commerce platform Instamart, Amitesh Kumar Jha. Photo: Special Arrangements Amitesh Kumar Jha, CEO of Swiggy-owned quick commerce platform Instamart, has resigned to pursue other opportunities, a regulatory filing said on Tuesday (July 28, 2026). Nandita Sinha has been appointed as CEO — Instamart with effect from August 3, 2026, Swiggy informed…

Read More “Instamart CEO Amitesh Kumar Jha resigns, Nandita Sinha to replace him” »

Business

Rupee rises 11 paise to settle at 95.88 against U.S. dollar

Posted on July 28, 2026 By admin
Rupee rises 11 paise to settle at 95.88 against U.S. dollar

The rupee stayed on upward track for the third straight session and ended 11 paise higher at 95.88 against the U.S. dollar on July 28. File | Photo Credit: Reuters The rupee stayed on upward track for the third straight session and ended 11 paise higher at 95.88 (provisional) against the U.S. dollar on Tuesday…

Read More “Rupee rises 11 paise to settle at 95.88 against U.S. dollar” »

Business

Stock market ends flat; Sensex dips nearly 70 points

Posted on July 28, 2026 By admin
Stock market ends flat; Sensex dips nearly 70 points

Bharat Electronics, NTPC, ICICI Bank, Power Grid, and Reliance Industries were also among the laggards. Tata Consultancy Services, Eternal, Tech Mahindra, Infosys, and Titan were among the major gainers. File | Photo Credit: AP Benchmark indices Sensex and Nifty ended flat on Tuesday (July 28, 2026) as investors’ sentiment turned cautious ahead of key global…

Read More “Stock market ends flat; Sensex dips nearly 70 points” »

Business

Mine closure opens opportunities in circular economy but needs coordinated efforts

Posted on July 28, 2026 By admin
Mine closure opens opportunities in circular economy but needs coordinated efforts

The ₹40,000-crore mine closure corpus, which the Union government has earmarked, signals a beginning of new economic lifecycle, wherein future generations inherit thriving ecosystems. Abandoning an ecologically insensitive ‘extract-and-abandon’ model, India, the second largest producer of coal in the world, has chosen a path of circular economy, implying diversified local economies; even as details are…

Read More “Mine closure opens opportunities in circular economy but needs coordinated efforts” »

Business

Stock markets climb in early deals on lower crude oil prices

Posted on July 28, 2026 By admin
Stock markets climb in early deals on lower crude oil prices

Image used for representational purposes. File | Photo Credit: Reuters Market benchmark indices Sensex and Nifty climbed in early trade on Tuesday (July 28, 2026) on lower crude oil prices amid easing geopolitical worries in West Asia. Buying in IT stocks also supported the positive trend in the markets. The 30-share BSE Sensex climbed 152.7…

Read More “Stock markets climb in early deals on lower crude oil prices” »

Business

Rupee rises 35 paise to 95.64 against U.S. dollar in early trade

Posted on July 28, 2026 By admin
Rupee rises 35 paise to 95.64 against U.S. dollar in early trade

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee extended its upward momentum, rising 35 paise to 95.64 against the U.S. dollar in early trade on Tuesday (July 28, 2026), driven by lower crude oil prices amid easing geopolitical tensions. Forex traders said a weak U.S. dollar index and positive equity…

Read More “Rupee rises 35 paise to 95.64 against U.S. dollar in early trade” »

Business

FAA says seats on hundreds of Boeing 737 MAX jets were incorrectly installed

Posted on July 28, 2026 By admin
FAA says seats on hundreds of Boeing 737 MAX jets were incorrectly installed

A Boeing 737 MAX airplane. File | Photo Credit: Reuters The U.S. Federal Aviation Administration ‌said on Monday (July 27, 2026) that seats ​on hundreds of ⁠Boeing 737 MAX jets registered in the U.S. were incorrectly installed and ‌need to be fixed. If not, the seats could ‌injure passengers during ‌an emergency ⁠landing. The FAA’s…

Read More “FAA says seats on hundreds of Boeing 737 MAX jets were incorrectly installed” »

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