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Higher oil prices could push inflation beyond 6%, weakening the rupee and eroding GDP growth by 1%. As energy demand spikes loom, is India ready for the oil shock?
In a major incident, pilots of Mumbai to Bengaluru Air India flight on Thursday declared “PAN PAN” over radio due to one of its engine stopped mid-air, officials who are aware of the matter said.
According to a report by the Hindustan Times, Central Industrial Security Force (CISF) officials said that fire tenders of the airport tried to douse the fire, but they had to request additional help from the Mumbai Fire Brigade.
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