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British Airways is proposing a new incentive scheme that would reward pilots for reducing fuel burn and carbon emissions, with a potential bonus of up to 1% of basic salary if collective targets are metAccording to a document seen by Bloomberg, pilots would need to collectively cut their aircrafts’ carbon dioxide emissions by 60,000 tonnes…
In the growing policy moment for securities tokenization, the House Financial Services Committee gathered views on the innovation at a Wednesday hearing, though the specter of President Donald Trump’s family crypto ties did arise more than once. The lawmakers broadly agreed that tokenized securities generally need the same regulatory guardrails as traditional securities trading, which…
NEW DELHI: The Central Consumer Protection Authority (CCPA) on Wednesday warned hotels and restaurants of action in case it found them levying additional charges under heads such as “LPG charges,” “gas surcharge,” and “fuel cost recovery” in food bills.The authority issued an advisory invoking provisions of Consumer Protection Act observing that such charges are being…
Investor wealth surged by Rs 15.80 lakh crore over two trading sessions as equities rebounded sharply amid a decline in crude oil prices and growing hopes of de-escalation in the West Asia conflict.Stock markets have been gaining for the past two days, with the BSE Sensex rising 2,577.06 points or 3.54 per cent. On Wednesday,…
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Nirav Modi’s petition to reopen proceedings against his extradition to India was rejected on Wednesday by the High Court of Justice, King’s Bench Division, in London, which ruled that the application did not meet the threshold of “exceptional circumstances” required to revisit the case. The court held that the grounds presented, including reliance on the…
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