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Markets rebound in early trade after two days of slump

Mumbai, Jun 16 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Monday tracking a rally in Asian markets after two days of sharp decline. The 30-share BSE Sensex climbed 288.79 points to 81,407.39 in early trade. The 50-share NSE Nifty went up by 98.9 points to 24,817.50. From the 30-Sensex firms, Power Grid, UltraTech Cement, Bharti Airtel, Larsen & Toubro, Asian Paints, NTPC, Tata Consultancy Services and Infosys were among the biggest gainers. Tata Motors, Axis Bank, Adani Ports and Kotak Mahindra Bank were among the laggards. In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225

Air India crash probe focuses on engine, flaps; India orders safety checks on 787 fleet

AHMEDABAD, India, June 13 (Reuters) – The investigation into the Air India plane crash that killed more than 240 people is focusing on the engine, flaps and landing gear, a source said on Friday, as the aviation regulator ordered safety checks on the airline’s entire Boeing-787 fleet. The Boeing 787-8 Dreamliner with 242 people on board bound for Gatwick Airport south of London began losing height moments after take-off over a residential area of the western city of Ahmedabad and erupted in a huge fireball as it hit buildings below, CCTV footage showed. Only one passenger survived and local media

Air India’s sole crash survivor narrates his escape

NEW DELHI, June 13, 2025 (AP) — The lone passenger who survived the Air India crash that killed 241 people onboard couldn’t believe he was alive when he opened his eyes, surrounded by flames, debris and charred bodies. The British national of Indian origin, Viswash Kumar Ramesh, was headed to London when the flight crashed minutes after taking off from India’s northwestern city of Ahmedabad on Thursday afternoon. It was one of India’s worst aviation disasters and the first crash for a Boeing 787-8 Dreamliner since the widebody, twin-engine planes went into service in 2009, according to the Aviation Safety

Rupee dives 55 paise to close at 86.07 against US dollar

Mumbai, Jun 13 (PTI) The rupee plummeted 55 paise to 86.07 (provisional) against the US dollar on Friday due to a spike in global oil prices and a firm dollar amid rising tensions in the Middle East following Israel’s attack on Iran’s nuclear sites. Brent crude, the global oil benchmark, rose sharply by 7.27 per cent to USD 74.40 per barrel in futures trade. At the interbank foreign exchange, the rupee opened at 86.25 against the greenback and traded in the range of 85.92-86.25 before closing at 86.07 (provisional), up 55 paise from its previous close. The local unit had

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