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India’s SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loan

June 9, 2026
Finance

NEW DELHI, June 9 (Reuters) – Indian airline SpiceJet has delayed salary payments to ​many of its pilots since March, internal messages seen by Reuters show, as the cash-strapped carrier said it is seeking an emergency loan under a government-backed ‌credit scheme to help stabilise operations. SpiceJet was India’s second-largest domestic carrier by market share in 2019, carrying roughly 15% of passengers, but that has since fallen to a fourth-place share of 3.4%. Its long-standing financial troubles have been worsened by the Middle East conflict, which has pushed up fuel prices and restricted airspace access, pressures that have also hit

‘Technostress’: why many older people feel shut out by the digital world

June 9, 2026
AI/Technology

From personal health portals to AI assistants that draft emails, the digital age has simplified endless everyday tasks. But for many older New Zealanders, the rapid march of technology has helped build a wall rather than open doors. Navigating online forms, changing apps, disappearing face-to-face services and the constant threat of scams can be daunting. There is a term for this unease: technostress. Once used to describe the anxiety and frustration felt by workers, it has more recently been applied to older populations struggling in our digital-by-default world. While older people’s overall digital engagement has grown over the years, about

China’s exports jump 19.4% in May from a year earlier, despite Iran war

June 9, 2026
Finance

HONG KONG, June 9, 2026 (AP) — China’s exports picked up pace in May, rising 19.4% from a year earlier, its customs agency said Tuesday, as shipments remained robust despite impacts from the Iran war. The stronger than expected performance was an improvement from April’s 14.1% year-on-year increase. Exports have remained robust despite the war, supported by shipments of autos and technology and artificial intelligence-related products such as semiconductors. Imports in May jumped 27.4%, also at a faster pace compared with April’s 25.3% year-on-year expansion. Trade with the United States contracted further, continuing a trend that began when U.S. President

Rupee rises 20 paise to 95.41 against US dollar in early trade

June 9, 2026
Finance

Mumbai, Jun 9 (PTI) The rupee rose 20 paise to 95.41 against the US dollar in early trade on Tuesday as Brent crude oil prices and the US dollar index retreated from their elevated levels after a pause in US-Iran hostilities. Forex traders said the rupee opened on a positive note after Israel and Iran agreed to deescalate and ease strikes. At the interbank foreign exchange market the rupee opened at 95.47, then touched 95.41, registering a gain of 20 paise from its previous close. On Monday, the rupee depreciated 43 paise to settle at 95.61 against the American currency.

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Gold slips Rs 150, silver drops Rs 5,000 as strong US dollar dents bullion demand

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SRINAGAR, India, July 6 (Reuters) – India’s anti-terrorism agency said

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