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S Korea crash: Airport embankment in focus

Financial Express Kochi

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January 01, 2025

SOUTH KOREA RAMPED up investigations on Tuesday into the cause of its deadliest domestic air accident as police worked to identify victims while families of those killed in the crash of a Jeju Air jet pushed for more details.

- REUTERS

All 175 passengers and four of the six crew were killed when the Boeing 737-800 belly-landed and skidded off the end of the runway at Muan International Airport on Sunday, erupting in a fireball as it slammed into an embankment holding navigation equipment.

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Financial Express Kochi

Suzlon plans to set up AI-enabled factories

SUZLON ENERGY PLANS to build three Al-enabled smart factories as it looks to speed execution of its 6.2 gigawatt order book and streamline logistics, group Chief Executive Officer JP Chalasani said.

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1 min

December 05, 2025

Financial Express Kochi

RBI proposes weekly updates on credit data

THE RESERVE BANK of India (RBI) on Thursday said that credit institutions (CIs) or credit information companies (CICs) should update their reports on a weekly basis for the efficient functioning of the credit information reporting system in the country.

time to read

1 min

December 05, 2025

Financial Express Kochi

Collaboration on deep-sea fishing mulled

Rajiv Ranjan Singh, minister of fisheries and dairying

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1 min

December 05, 2025

Financial Express Kochi

Retail stress to drive next wave of NPA sales: Crisil

ASSET RECONSTRUCTION COMPANIES (ARCs) are entering a critical transition phase as the supply of large corporate bad loans dwindles and retail stress becomes the dominant driver of the distressed-assets pipeline, according to Crisil Ratings.

time to read

1 mins

December 05, 2025

Financial Express Kochi

S&P raises RIL rating to ‘A-’ from ‘BBB+’

S&P GLOBAL RATINGS on Thursday raised its long-term issuer credit rating on Reliance Industries to ‘A-’ from ‘BBB+’, also upgrading the company’s senior unsecured debt to the same level.

time to read

1 min

December 05, 2025

Financial Express Kochi

US team likely in India next week for negotiations

A US TEAM of negotiators is likely to visit India next week as both sides push to finalise a framework agreement that will see significant reduction in additional tariffs imposed on Indian imports by the Donald Trump administration.

time to read

1 mins

December 05, 2025

Financial Express Kochi

Former Bangladesh PM Zia to be taken to London

A MEDICAL BOARD looking after critically ill former Bangladesh prime minister Khaleda Zia on Thursday decided to send her to London for advanced treatment, her personal physician AZM Zahid Hossain said.

time to read

1 min

December 05, 2025

Financial Express Kochi

H-1B visa row: US admin orders enhanced vetting for applicants

THE TRUMP ADMINISTRATION on Thursday announced increased vetting of applicants for H-1B visas for highly skilled workers, with an internal State Department memo saying that anyone involved in “censorship” of free speech be considered for rejection.

time to read

1 mins

December 05, 2025

Financial Express Kochi

Crisis at IndiGo deepens

We could not live up to the promise, says CEO Pieter Elbers

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1 min

December 05, 2025

Financial Express Kochi

States to get share of health cess via schemes, says FM

FINANCE MINISTER NIRMALA Sitharaman on Thursday said the proposed Health and National Security Cess will apply exclusively to demerit goods such as pan masala, creating a “dedicated and predictable resource stream” for health and national security initiatives.

time to read

1 min

December 05, 2025

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