File photo: Air India crash NEW DELHI: More than a year after Air India’s London flight crashed in Ahmedabad, killing 260 people, the Aircraft Accident Investigation Bureau (AAIB) Tuesday told SC that the complex inquiry involving international agencies could be completed in six weeks, but the draft final report would be ready only by October…

NEW DELHI: The turbulence Indian airlines are facing for over a year now has started denting the fortunes of their foreign partners. The going got tough for them after the US-Iran war erupted on Feb 28. Singapore Airlines (SIA), 25.1% stakeholder in Air India (AI), on Thursday disclosed that AI lost $2.8 billion (over Rs…

The disruption has resulted in a temporary supply bottleneck driven by logistics issues rather than a permanent reduction in oil production. (AI image) Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the coming months would ease crude supplies globally, says Fitch Ratings. Global oil…

Europe battles scorching summer heat and record-breaking temperatures. Photo credit: AP For centuries, Europe knew how to fight the cold.Its homes were built to trap warmth. Thick walls, insulated roofs, double-glazed windows and tightly sealed buildings helped people survive long winters. Entire energy systems were designed around one question: how to keep people warm when…