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S. Korea: Nearly 900 Air Force pilots left for civilian airlines over past decade

May 3, 2026

Seoul, May 3 (IANS) Almost 900 Air Force pilots have left the armed forces for better-paying jobs with civilian airlines over the past decade, data showed on Sunday.According to a report submitted by the Air Force to People Power Party Rep. Kang Dae-sik, a member of the parliamentary subcommittee on national defense, 896 "skilled" Air Force pilots…

Weak global cues, oil price, FII data likely to drive D-Street next week

May 3, 2026

Mumbai, May 3 (IANS) The Indian stock market is likely to remain under pressure in the coming week as investors grapple with rising crude oil prices, persistent foreign fund outflows, and escalating geopolitical tensions. Alongside these…

Business

OPEC+ agrees to oil output quota hike amid Hormuz blockade, Kuwait oil exports zero

May 3, 2026

New Delhi, May 3 (IANS) Amid the ongoing West Asia conflict, OPEC+ countries have agreed in principle to raise oil output targets in June.Multiple reports say that seven OPEC+ countries have agreed to raise oil output targets by about…

Business

AI trade behind FPI outflows from India as AI stock overvaluation concerns linger

May 3, 2026

New Delhi, May 3 (IANS) As long as the artificial intelligence (AI) trade continues, the trend of foreign portfolio investors (FPIs) outflows from India is likely to continue, analysts said on Sunday.A significant trend in FPI flows this…

Business

Govt urges DRTs to emulate best practices to accelerate disposal of cases

May 3, 2026

New Delhi, May 3 (IANS) In a bid to reduce pendency and accelerate disposal of cases, the government has urged debt recovery tribunals (DRTs) to emulate best practices.In a meeting here, Finance Ministry held deliberations on boosting…

Business

Hostel, PG rents to rise from May 5 in TN amid surge in commercial LPG cylinder costs

May 3, 2026

Chennai, May 3 (IANS) Students and working professionals staying in hostels and paying guest (PG) accommodations across Tamil Nadu are set to face higher living expenses, as operators have increased rents by around 10 per cent following a…

Business

$2 billion worth of loans extended by S. Korean banks unrecoverable in Q1

May 3, 2026

Seoul, May 3 (IANS) Some 3 trillion won (around $2 billion) worth of loans extended by South Korea's four major financial groups have been classified as "estimated loss" in the first quarter, financial sector data showed on Sunday.A total…

Business

Over 400 S. Korea-listed firms exceed $680 million in market capitalisation

May 3, 2026

Seoul, May 3 (IANS) The number of South Korean-listed companies whose market capitalisation surpassed 1 trillion won ($679.7 million) exceeded 400 for the first time this year, following a dramatic pre-Middle East-conflict recovery in the…

Business

Mizoram CM calls for financial literacy, lauds rural bank performance

May 3, 2026

Aizawl, May 2 (IANS) Mizoram Chief Minister Lalduhoma on Saturday stressed the need to enhance financial literacy across the state, particularly in rural areas, and underscored the importance of accessible and efficient banking services for…

Business

South Gujarat set for economic leap: JP Nadda

May 3, 2026

Surat, May 2 (IANS) Union Health and Family Welfare Minister J.P. Nadda on Saturday said South Gujarat’s rise as a manufacturing hub reflects the state's broader economic strength and its ability to convert challenges into opportunities.…

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