DGCA notice to Air India for operating Boeing 787-8 Dreamliner despite snags| Business News

NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued a notice to Air India, flagging safety concerns regarding the operation of Boeing 787-8 Dreamliner VT-ANI, despite recurring technical issues. Air India is yet to comment on the DGCA notice sent on December 29. (REUTERS FILE PHOTO) In the notice on December 29, the aviation regulator flagged […]

After India, Novo Nordisk cuts WeGovy price in China on generics challenge| Business News

Novo Nordisk AS is lowering prices of its top-selling WeGovy weight-loss drug in China, as the Danish drugmaker braces for intense competition from local rivals next year when the patent for its blockbuster treatment ends. Novo Nordisk slashed WeGovy prices by up to 37% in India last month. (Reuters) The company did not give details […]

From full ownership to fractions: How technology is reshaping real estate investment in India

India’s real estate market has entered one of its most confident phases in over a decade, with steady sales, firm prices, and renewed investor interest. Urban professionals, in particular, are once again viewing property as a reliable avenue for building and preserving wealth. At the same time, investing in real estate is no longer confined […]

India clocks highest industrial growth in two years on robust manufacturing| Business News

India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]

Will 100% FDI amendment make insurance affordable in India?| Business News

For decades, India’s insurance challenge has been one of awareness, purchasing power parity and trust. A sustained focus on urban markets and standardised products led to low penetration, limited risk capacity and persistent protection gaps. This left numerous households uninsured. Image for representational purposes only. (Unsplash) The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) […]

India to assume chair of global diamond watchdog Kimberley Process from Jan 1| Business News

NEW DELHI: India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time, Union commerce and industry minister Piyush Goyal said. FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana November 24, 2015 […]