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The US economy grew at an annualised pace of 2 per cent in the January-March quarter recovering from the drag caused by last year’s 43-day federal government shutdown, though the outlook has been clouded by the ongoing Iran war, AP reported.The Commerce Department said on Thursday that gross domestic product (GDP), which measures the nation’s…
The US economy grew at a sluggish 0.5% annual pace in the October–December quarter, lower than earlier estimates, as a prolonged government shutdown weighed on activity, AP reported.The Commerce Department revised down its estimate of fourth-quarter GDP growth from 0.7% to 0.5%, marking a sharp slowdown from 4.4% growth in the July–September period and 3.8%…
Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), has announced plans of gradual resumption of flights. This comes after the reopening of Bahrain’s airspace as announced by its Civil Aviation Affairs (CAA) at the Transportation and Telecommunications Ministry. It is a preparation for phased recovery, after weeks of disruption…
Image used for representative purposes NEW DELHI: The government is considering building liquefied petroleum gas (LPG) reserves as a buffer against potential supply disruptions, a government official said on Monday.The move comes as Nayara Energy is set to shut its Vadinar refinery from April 9–10, a development that is expected to impact LPG supplies in…
Travelers wait in a TSA line at a US airport The ongoing funding deadlock in the US Congress is beginning to strain aviation security operations, with the Transportation Security Administration (TSA) warning of potential airport shutdowns and a sharp rise in workplace challenges including dealing with assault incidents amid stressful situation.Testifying before the House Homeland…
OnePlus shutdown rumours have started to make rounds on the internet. The Chinese phone maker has officially confirmed that Robin Liu, the man leading its India operations, has stepped down – a development that has sent fresh waves of speculation reigniting questions about the future of the Chinese smartphone brand in one of the world’s…
The company had postponed maintenance work at its 20 million tonnes-per-year Vadinar refinery in Gujarat. (AI image) Russia’s Rosneft-backed Nayara Energy is planning to halt operations for around 35 days starting early April, a move that could temporarily take nearly 8% of India’s refining capacity offline and tighten domestic fuel availability, according to people familiar…
Four IAF-controlled civil airports will face temporary shutdowns as their runways need recarpeting for smooth operations of both military and civil aircraft. As the runways at Jodhpur, Srinagar, Pune and Adampur airports will be recarpeted under different schedules this year, civilian flights at these airports will be affected during their respective shutdown periods.Starting with the…
MUMBAI/BENGALURU: The war in West Asia has hit home for restaurants across the country. A severe crunch of LPG supplies means a temporary shutdown for some, while many have already moved to induction cookers to stay afloat or restricted menu choices to do away with slow-cooking items, report Asmita Dey and Supriya Roy.Anjan Chatterjee, founder…
Pakistan on Monday announced a series of austerity measures aimed at reducing fuel consumption, including temporary school closures, reduced government fuel allowances and a four-day workweek for public offices, as the ongoing conflict in the Middle East threatens energy supplies.Pakistan’s prime minister Shehbaz Sharif said the measures were being introduced to conserve fuel and manage…
