The Directorate General of Civil Aviation (DGCA) on Tuesday ordered low-cost carrier SpiceJet to immediately withdraw its discount scheme that offered tickets at prices as low as Re 1.
The mystery of the missing Malaysia Flight 370 is growing, and experts believe that it will be next to impossible to find the debris of the plane once batteries of its black box run out.
The Malaysian Airlines plane has been missing since early hours of March 8, and the batteries in a plane's black box normally expire in around 30 days. As only a few days are felt in the expiry of the black box's batteries, it will likely become almost impossible for investigators to find the debris.
India's core sector output in February grew to the highest level in the past five months, adding some weight to the belief that the third-largest Asian economy is gradually getting rid of sluggishness.
According to the index of industrial production (IIP), core industries' output grew 4.5 per cent in February. It was considerably up from January's growth figure of 1.6 per cent.
India's core sector includes eight industries, viz. fertilisers, electricity, cement, steel, coal, crude oil, petroleum refinery products and natural gas.
The growth of Indian economy is poised to pick up pace this year but it may take some more time for the South Asian economy to reach its peak potential growth rate, Asian Development Bank (ADB) said in its latest report.
According to ADB's fresh estimates, India's gross domestic product (GDP) will likely grow 5.5 per cent in FY2014-15. The estimated growth figure is well above India's Central Statistical Office's estimated growth rate of 4.9 per cent for the recently concluded financial year (2013-14).
According to the latest figures released, the sales of carbonated soft drinks have fallen by three percent in 2013 to its lowest level since 1995.
Beverage Digest, an industry tracker, said that the sale fell 1.2 percent in 2012 and 1 percent in 2011 and fell at 3 per cent, which is faster rate than the previous two years. The data also showed that carbonated soft drink consumption fell to 675 eight-ounce servings per person in the U. S., compared to 701 such servings in 2012, which is lowest since 1986.
Exxon Mobil has said in a new report that polices being devised around the world to combat climate change are not likely to affect the demand for oil and gas.
Exxon released a report in response to concerns from some shareholders and environmental activists that the company's assets will be worth much less as the world moves to restrict oil consumption. The company said that it has found that the policies will not affect the consumption and the company will continue to sell the fuel it has found and will find in the future.
Caterpillar is planning to tell a panel of US Senate investigation that the company did not adopt measures to evade tax and claims that it pays its fair share of taxes.
Mark Zuckerberg, the young founder of Facebook, was paid $1 in salary for 2013, according to a regulatory filing with the US Securities and Exchange Commission.
The chief executive of the world's largest social networking site is the 22nd richest person in the world, according to Bloomberg Billionaires Index. Zuckerberg had received a salary of $503,205 in 2012 but decided to follow the example set by many and took just a dollar as salary during the previous year.
The Congress-led UPA government failed to meet its both the revised estimate and Budget estimate targets for fiscal deficit for the first 11 months of current financial year, fresh official data released by the Controller General of Accounts (CGA) revealed.
According to newly released data, the difference between the government's revenue and expenditure in the first eleven month of 2013-14 touched 114 per cent of its revised target of Rs 5.24 lakh crore.
The opening of KLIA2 airport has been delayed several times from September 2011 to the current deadline of May 2, 2014, however the uncertainty over the project continues and many doubt if the KLIA2 will be opened on time till the deadline, which is just 30 days away.
According to the latest data released, Housing Board resale flat prices recorded a fall of 1.5 per cent during the first three months of the year compared to the previous quarter.
According to a new report released, the new examinership process had helped save as many as 400 jobs during the first three months of the year.
The Hughes Blake SME Examinership Index showed that 191 jobs were saved across a number of small and medium firms while another 219 jobs were saved at construction giant SIAC during the period. Neil Hughes, a managing partner at Hughes Blake that the firms will have to address the debt issue before benefiting from the recovery in business.
According to the latest figures released, the Canadian dollar increased 0.14 cent to 90.56 to cents in the afternoon trade.
The national currency improved significantly as the country's economy recorded a strong increase during the first month of the year. Data from Statistics Canada showed that the Canadian economy grew by 0.5 per cent in January compared to 0.3 per cent predicted by economists. The growth is a significant improvement from the month of December when the there was a 0.5 per cent decline in the economy.
Mining giant, BHP might be considering several strategic options to spin off its non-core business in order to create a new firm, according to people closer to the matter.
It is believed that the company is planning to create a new $20 billion resources company with its non-core businesses. A team of company officials, being advised by Goldman Sachs are evaluating various options including demerger and individual asset sales in order to create a new firm.
It is believed that the weaker value of the rand is helping increase exports from South Africa to other nations as the country's exports become cheaper in the international markets. The total exports from the country rose 7.9 per cent to R83.9bn in February and imports fell sharply by 13.2 per cent to R82.2bn.
Apple Inc is all set to start charging higher prices for apps available in its iTunes Store in Australia and a number of other countries, emerging media reports suggest.
Macrumors has published an email sent by Apple to developers declaring its decision to increase the retail prices of apps in Australia, Indonesia, Turkey, India and South Africa.
Tech giant Google Inc has just added a new feature to its social networking service Google+ that shows the number of times a user's content has been viewed by others.
The new feature is thus very helpful in determining if a specific content posted on Google+ is really attracting other users or not.
Britain's chief medical officer, Dame Sally Davies, stresses that being overweight is in risk of being "standardized".
Davies focuses to "vanity measuring", bigger shop mannequins, shoddy beverage, huge segments, store mass purchases and news stories offering photographs of the beyond husky, making the overweight feel nearly thin.
Heading American neuroscientist Dr Bruce D Perry has asserted that consideration deficiency hyperactivity issue (ADHD) is not "a genuine infection".
"It is best considered a depiction. In the event that you take a look at how you wind up with that mark, it is noteworthy on the grounds that any of us at any given time might fit at any rate meeting those criteria," he said.
It was the RAF airbase where radical feminists set up an all-ladies peace camp in an offer to avert US voyage rockets being sent there.
Those dissents failed out with the end of the Cold War yet now the spot is back in the news, not as a result of some man-made risk to human wellbeing however a regular one.
It's close here that nine pet felines were discovered to be contaminated with the mycobacterium that causes tuberculosis in cows.
This has long been known as a cat illness excessively yet had dependably been expected as of recently to be exceptionally extraordinary.