Business Archives - Page 11 of 31

05 Dec

RBI Cuts Repo Rate to 5.25%, Signaling Relief for Borrowers

Rajeev Sharma0 CommentsBusiness, India, TrendingRBI, Repo Rate

New Delhi (Rajeev Sharma): The Reserve Bank of India (RBI) on Friday announced a reduction in the repo rate by 25 basis points, lowering it from 5.5% to 5.25%, in a unanimous decision by the Monetary Policy Committee (MPC). The move is expected to make loans more affordable for retail and corporate borrowers alike. RBI Governor Sanjay Malhotra explained that the decision follows careful consideration of easing inflationary pressures and the recent depreciation of the rupee, which reached its lowest level yesterday. “The MPC evaluated the current economic landscape and concluded that a moderate reduction in the repo rate would…

01 Dec

Markets soar to new records as upbeat GDP numbers energize investors

Rajeev Sharma0 CommentsBusiness, India, TrendingGDP

New Delhi (Rajeev Sharma): Indian stock markets kicked off Monday’s session with a strong upward burst, pushing the key indices to unprecedented levels after fresh economic data signaled stronger-than-expected momentum in the country’s growth engine. The Sensex leapt to a new milestone of 86,159.02, rising over 450 points within minutes of opening, while the Nifty climbed past 26,325, also setting a new all-time high. The rally reflected a surge in investor confidence following India’s 8.2% GDP expansion in the July–September quarter — the quickest growth seen in six quarters. Buying was particularly strong in several major index components. Adani Ports,…

29 Nov

Airbus Orders Urgent Software Update for A320 Jets Following Solar Radiation Alert, Major Airlines Worldwide Affected

Rajeev Sharma0 CommentsBusiness, Trending, World NewsAirbus

Toronto / Delhi (Rajeev Sharma / Gurpreet Singh) : Global aviation leader Airbus has issued an urgent safety directive requiring operators of its A320-family aircraft to install a critical software update before the next scheduled flight. The move comes after the discovery that intense solar radiation could potentially interfere with vital data essential to the planes’ flight-control systems. Airbus confirmed that the issue affects the Elevator and Aileron Computer, responsible for managing the aircraft’s pitch and roll functions. The directive is expected to impact approximately 6,000 aircraft worldwide, representing roughly half of the active A320 fleet. The update, which for…

27 Nov

Neha Ahlawat murder case: Chandigarh court convicts serial killer Monu, quantum of sentence tomorrow

Gurpreet Singh0 CommentsBusiness, India, PunjabChandigarh

National Times Bureau :- The Chandigarh court on Thursday convicted a taxi driver, Monu Kumar, in a 15-year-old murder case of 21-year-old girl student Neha Ahlawat. The court will pronounce the quantum of the sentence tomorrow. The police registered a case against unknown person after Nehas 's blood-stained body was found in bush in Chandigarh's Sector-38 West. She was rushed to the PGI where a doctor declared her brought dead. The police failed to find the culprit for years and closed the investigation in 2020. In the complaint, Neha's father stated that on July 30,2010, around 6 pm his daughter…

23 Nov

Massive uproar in Punjab over Centre’s bill to take control over Chandigarh by appointing an L-G

Gurpreet Singh0 CommentsBusiness

National Times Bureau :- The Centre has listed a Bill in the upcoming winter session of the Parliament that proposes to include the Union territory of Chandigarh under the ambit of Article 240 of the Constitution and seeks to bracket Chandigarh with Union Territories (UTs) Andaman & Nicobar Islands, Lakshadweep, Dadra & Nagar Haveli, Daman & Diu and Puducherry. The Constitution (131st Amendment) Bill 2025 will be introduced in the upcoming Winter session of Parliament, beginning December 1, 2025, as per a bulletin of the Lok Sabha and Rajya Sabha. The move paves way for independent administration in the UT…

21 Nov

National Times Media Group Advocates for Prohibition of Alcohol and Non-Vegetarian Products in Vrindavan

Gurpreet Singh0 CommentsBusinessVrindavan

Chandigarh (Gurpreet Singh): The National Times Media Group has initiated a campaign to declare Vrindavan a completely alcohol- and non-vegetarian-free zone, considering the city's significant religious importance and the sentiments of millions of devotees. As part of this initiative, the Group's Managing Editor Rajeev Sharma has written to Uttar Pradesh Chief Minister Yogi Adityanath and Prime Minister Narendra Modi, requesting the enactment of a special law to prohibit the sale and consumption of alcohol and non-vegetarian food in the holy town. According to the media group, devotees and residents alike feel emotionally hurt when they witness the open sale of…

13 Nov

Delhi Chokes Again: Air Quality Deteriorates Further, AQI Crosses 400 Mark for Third Straight Day

Rajeev Sharma0 CommentsBusinessair pollution, New Delhi

National Times Bureau :- Despite multiple restrictions and pollution-control measures, Delhi continues to reel under toxic air. For the third consecutive day, the city’s Air Quality Index (AQI) remained in the “severe” category, touching an average of 405 on Wednesday. Several areas, including Punjabi Bagh (428), Wazirpur (452), Anand Vihar (445), ITO (431), and IGI Airport (460), recorded AQI levels well above the danger mark. Nearby regions such as Noida (391), Greater Noida (376), Ghaziabad (369), and Gurugram (332) also reported “very poor” to “severe” air quality levels. According to the Central Pollution Control Board (CPCB), the overall AQI saw…

09 Nov

Flight Chaos Deepens as Over 1,000 U.S. Flights Cancelled Again Amid Government Shutdown

Rajeev Sharma0 CommentsBusiness

Washington (Rajeev Sharma): America’s skies saw more turmoil on Saturday as airlines cancelled another wave of flights — more than a thousand for the second straight day — due to the ongoing federal government shutdown that has forced the Federal Aviation Administration (FAA) to scale back operations. The FAA’s staffing constraints have prompted a nationwide order to trim air traffic, initially cutting 4% of flights at 40 major airports, with deeper reductions expected in the coming week. By Friday, the agency plans to ground as much as 10% of scheduled flights if the shutdown continues, a move that experts say…

08 Nov

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05 Nov

Prada Draws Criticism for $775 Safety Pin Brooch, Netizens Call It ‘Luxury Gone Too Far’

Rajeev Sharma0 CommentsBusinessbranding controversy, luxury fashion, Prada, safety pin brooch

Milan, November 5, 2025— Global fashion powerhouse Prada has sparked a storm of online outrage after unveiling a $775 (₹68,700) safety pin brooch, a minimalist accessory that many believe symbolizes the absurdity of modern luxury branding.The brooch, featuring a simple metal safety pin adorned with a small piece of thread and the iconic Prada logo, was launched as part of the brand’s latest collection. However, what was meant to be a statement of understated elegance quickly turned into a viral controversy.Social media erupted with reactions mocking the steep price tag. One user joked, “Imagine paying rent money for a safety…