Asian stocks track US gains in 'Santa Claus rally'
HONG KONG, China — Asian markets were higher on Wednesday, tracking Christmas holiday gains on Wall Street, with investors betting on the US Federal Reserve cutting interest rates as early as March.
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Akasa Air tops on-time performance airlines list for November 2023; here's where Indigo, Air India, SpiceJet stand
Akasa Air has topped the list of airlines based on the on-time performance (OTP) matrix. According to the Ministry of Civil Aviation, Akasa Air’s OTP stood at 78.2% for the month of November 2023. Indigo came in second at 77.5%. SpiceJet had the worst OTP of 41.8%. Vistara came in third at 72.8% while Air India was the second worst at 62.5%.The On-Time Performance of domestic airlines at four metro airports - Bangalore, Delhi, Hyderabad, and Mumbai - has been calculated.
Dropping out of insurance policy? It's set to pinch less
MUMBAI: If you realise that you have been a victim of mis-selling by an insurance agent, and wish to surrender your policy, you are unlikely to lose out a major portion of the premium paid.Irdai has proposed new rules to protect policyholders' interests under which insurance companies will have to substantially increase the amount they pay to customers who choose to discontinue their scheme early in the term.
Imam from Mecca to lay new Ayodhya mosque foundation
MUMBAI: The foundation stone for Masjid Mohammad Bin Abdullah, the proposed mosque in Ayodhya replacing the Babri Masjid but at a different spot, will be laid by Imam-e-Haram or the Imam who leads namaz at the holy mosque in the precincts that also house the Kaaba in Mecca.The mosque is being built at Dhannipur, 25km from Ayodhya, on a plot the Uttar Pradesh government gave to the Muslims in accordance with the Supreme Court order in the Ayodhya dispute.
Cricket-mad India readies for World Cup final against Australia in 132,000-seat venue
AHMEDEBAD, India (AP) — India, a country of 1.4 billion people, will come to a virtual standstill on Sunday when its cricket team led by Rohit Sharma and Virat Kohli takes on five-time champion Australia in the Cricket World Cup final.
Schools shut as toxic smog engulfs India's capital
NEW DELHI, India — Schools were shut across India's capital on Friday as a noxious grey smog engulfed the megacity and made life a misery for its 30 million inhabitants.
Crude slips as investor fears of Mideast regional war ease
HONG KONG, China — Oil prices fell Monday as traders hoped a region-wide conflict could still be avoided as Israel said its forces killed dozens of Hamas militants in clashes in Gaza.