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Kerala CM Vijayan requests PM Modi for financial assistance to tackle climate change
Prime Minister Modi on Saturday visited to the disaster-affected...
Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM
Finance Minister Nirmala Sitharaman "I hope that the investments...
Boeing faces spate of Lawsuits after second 737 MAX 8 Crash
Boeing faces the prospect of substantial payouts to the families of passengers if it’s found responsible for both the Indonesia and Ethiopia crashes. But legal experts say the second one could prove even more damaging for the Chicago-based company. That’s because plaintiffs will argue the manufacturer was put on notice by the earlier tragedy that there was something dangerously wrong with its planes that should have been fixed.
Most Americans continue to be very afraid of Self-Driving cars: Survey
The survey also gauged public reaction to more limited uses of autonomous vehicles. Just more than half of U.S. drivers—53 percent—said they would be comfortable using fully self-driving vehicles as low-speed people-mover systems at airports or theme parks, free from the chaotic traffic of the open road. Even fewer Americans—44 percent—said they would be comfortable with autonomous delivery vehicles that haul food or packages, not passengers.
SEC Sues VW, Ex-CEO over diesel emissions scandal, alleging massive investor fraud
The SEC said in its civil complaint on Thursday that from April 2014 to May 2015, VW issued more than $13 billion in bonds and asset-backed securities in U.S. markets at a time when senior executives knew that more than 500,000 U.S. diesel vehicles grossly exceeded legal vehicle emissions limits.
40 killed in New Zealand mosque shootings
Authorities have not elaborated on who they detained. But a man who claimed responsibility for the shootings left a 74-page anti-immigrant manifesto in which he explained who he was and his reasoning for his actions. He said he was a 28-year-old white Australian.
Boeing to upgrade 737 MAX stall prevention system in 10 days: Source
The company has previously characterised the software upgrades as an effort to make a safe plane even safer. Engineers are making changes to the system designed to prevent an aerodynamic stall if sensors detect that the jet’s nose is pointed too high and its speed is too slow. Satellite-based data showed that both the Ethiopian Airlines and Lion Air planes flew with erratic altitude changes that could indicate the pilots struggled to control the aircraft. Both crews tried to return to t ..
Rs 210 crore of Army insurance funds sunk in IL&FS bonds
This means that crores worth of insurance premiums, covering all ranks from generals to JCOs and jawans, are at risk of being lost.Recently, officials of the Indian Army met the new board of the IL&FS seeking a solution of this issue.
Boeing faces crisis with worldwide grounding of 737 MAX jetliners
The US Federal Aviation Administration (FAA) cited new satellite data and evidence from the scene of the recent crash near Addis Ababa for its decision to join Europe, China and other nations in suspending 737 MAX flights
India must address digital payments security issues: Nandan Nilekani
“I think increasing number of transactions, at the same time less security issues, less fraud issues, less disputes… could be what we need to see,” Nilekani said
Boeing’s $600-bn orders at risk as clients rethink 737 Max purchases
Boeing, whose shares have lost 11 percent of their value this week, faces escalating financial risk after two disasters involving its newest narrow-body jet in the past five months.
Tata Motors’ JLR recalls 44,000 cars over CO2 emission levels
The European Commission’s rapid alert system warned that JLR’s cars “may emit excessive levels of CO2 and may not conform with the certified condition”.