IndiGo chaos aftermath: Aviation turbine fuel sales plunge; down over 4% in early December

Aviation turbine fuel (ATF) sales declined by over 4 per cent in early December, driven by IndiGo‘s widespread flight cancellations, according to preliminary industry data released on Tuesday. The aviation sector in India had shown steady growth in jet fuel demand for two years following recovery from Covid-related disruptions. However, this pattern shifted when IndiGo…

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Gujarat man escaped from Nepal jail during Gen Z protests; arrested in Ahmedabad | India News

NEW DELHI: An Indian national from Gujarat, who escaped from a jail during last year’s “Gen Z” protests in Nepal, has been apprehended by Ahmedabad Police, officials said on Tuesday.Dharmesh Chunara, a resident of Thakkarbapa Nagar Road in Ahmedabad, was arrested by the Special Operation Group (SOG) Crime Branch, according to a police release.He had…

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India-Russia energy ties: Nuclear cooperation to be deepened; Kudankulam, SMRs on December summit agenda

The upcoming 23rd India-Russia annual summit, scheduled for December, is expected to significantly advance bilateral cooperation in civil nuclear energy, with a special focus on small and modular reactors (SMRs) and greater localisation of nuclear plant equipment.Ahead of the summit, Rosatom director general Alexei Likhachev met Ajit Kumar Mohanty, director general of the department of…

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Bitcoin (BTC) Mining Profitability Falls For Fourth Consecutive Month: JPMorgan

Bitcoin BTC$85,204.78 mining profitability declined for the fourth month in a row in November, according to a Monday report by JPMorgan (JPM). Daily block reward gross profit also slumped 26% from the month previous, analysts Reginald Smith and Charles Pearce wrote. The Bitcoin network hashrate dropped 1% to an average of 1,074 exahashes per second…

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Ray Dalio says ‘there is only one gold’ even as bitcoin holds up better during Iran crisis

Ray Dalio picked an interesting week to trash bitcoin. The Bridgewater Associates founder said on the popular All-In Podcast on Tuesday that investors should stop comparing bitcoin to gold, arguing that the largest cryptocurrency lacks central bank support, has no privacy, and faces long-term threats from quantum computing. “There is only one gold,” Dalio said….

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Ruble surges in 2025: Russian currency emerges as top performer against US dollar; why it’s a headache for its war economy

The Russian currency Ruble emerged as the top-performing major currency against the US dollar this year, surging 45% since January. This unexpected strength caught Russian officials off guard and poses challenges for the country’s war-affected economy. The currency is now trading around 78 per dollar, similar to levels before Russia’s Ukraine invasion, as reported by…

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