
Articles
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2 weeks ago |
theweek.in | Nitin Sisupalan
The Government of India might look into grounding the entirety of Air India’s Boeing Dreamliner 787 fleet, following the tragic aircraft crash on June 12 in Ahmedabad, according to an NDTV report. With Prime Minister Narendra Modi holding a review meeting on June 13 with top officials of the Gujarat government following his visit to the crash site, a multi-agency probe is expected, led by the Aircraft Accident Investigation Bureau (AAIB)—but it would be under ICAO terms.
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2 weeks ago |
theweek.in | Nitin Sisupalan
The world en masse is looking to transition to clean energy. Leading the charge by sheer volume in China, and India is not far behind. This has skyrocketed the demand and trade for critical rare earth minerals. As China plans to monopolise these rare mineral assets with trade curbs, India looks to aggressively go self-reliant in the long term.
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2 weeks ago |
theweek.in | Nitin Sisupalan
Vizhinjam International Seaport on June 9 welcomed MSC Irina, the world’s largest container ship with a capacity of 24,346 TEUs, in its maiden voyage to Indian waters. The MSC Irina is massive—it is 399.9 metres long, almost 4 times the length of a FIFA-spec football ground. And this is just one of the significant achievements of the South Indian port.
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2 weeks ago |
theweek.in | Nitin Sisupalan
This weekend was huge for Chennai-head headquartered Go Fashion (India) Ltd, following the launch of its first international outlet at Silicon Central Mall in Dubai. For this, the owner of India-based women’s bottomwear brand ‘Go Colors’ collaborated with the UAE’s retail conglomerate Apparel Group. The brand, which boasts a loyal following among its customers, made ₹848 crore in revenue from operations in the last fiscal year.
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3 weeks ago |
theweek.in | Nitin Sisupalan
The monetary policy committee of India’s central bank decided on a 50 basis point cut in policy rate to 5.5 per cent, RBI Governor Sanjay Malhotra announced on Friday morning. Ahead of the MPC decision, Indian equities traded in the red but recovered strongly, right after the announcement.
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