The Press Editor

Mumbai: Air India, IndiGo, and SpiceJet have told the government that the country's aviation sector is under "extreme stress" and on the verge of "stopping operations", as they sought a revision in Aviation Turbine Fuel (ATF) pricing along with financial support. The ongoing tensions in West Asia have driven up oil prices, while airspace restrictions have significantly increased operating costs, particularly for long-haul routes. ATF alone accounts for nearly 40 per cent of an airline's operational expenses, making cost pressures increasingly difficult to manage. Indian Airlines writes to Centre  Against this backdrop, the Federation of Indian Airlines (FIA)  has written…

New Delhi: Anant Ambani, Executive Director, Reliance Industries Limited, and Founder of Vantara, one of the world's largest wildlife rescue, care, and conservation centres, has formally petitioned the Government of Colombia to stay the execution of 80 hippopotamuses. In a letter addressed to Irene Velez Torres, Colombia's Minister of Environment and Sustainable Development, Ambani offered a humane alternative: relocating the animals to a permanent home at the Vantara rescue and conservation centre in Jamnagar, Gujarat. He made this appeal as eighty hippopotamuses in Colombia's Magdalena River basin have been authorised for lethal removal. Compassionate Alternative The hippos, located in the…

Mumbai: Country's leading cement maker company, UltraTech Cement, has announced its financial results for the January-March quarter of FY26. The company has reported a consolidated net profit of Rs 3,000.02 crore during the March quarter. Along with this, the company has recommended a special dividend for the 2025-26 financial year. The company shared the information in a separate filing. While it has announced the amount of special dividend, there is no update regarding the record date and ex-date to determine the eligibility of shareholders for this corporate action. UltraTech Cement Dividend Amount The company has recommended a special dividend of…

Mumbai: Rates of precious metals in futures continue to fall on Tuesday, April 28, 2026, as elevated crude oil prices continue to be a key concern. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened in the red with a drop of Rs 21 at Rs 1,51,700 per 10 grams against the previous close of Rs 1,51,721. It dropped further to touch an intraday low of Rs 1,50,450, a drop of Rs 1,271 or 0.83 per cent. Last seen, it was trading at Rs 1,50,650 with a drop of Rs 1,071 or 0.71 per cent. On the…