Saturday, September 05
Venezuela's aviation institute told international airlines on Monday that they must resume flights to the country within 48 hours or risk losing their clearance to fly there, the International Air Transport Association (IATA) said.Several international airlines have canceled their flights departing from Venezuela in recent days after the U.S. Federal Aviation Administration warned major airlines of a "potentially hazardous situation" when flying over the country.IATA, which represents roughly 350 airlines, criticized the move by Venezuelan authorities, warning that the decision "will further reduce connectivity to the country, which is already one of the least-connected in the region."Venezuela's information ministry did not immediately respond to a request for comment. Reuters was not imm
Mumbai: Information Technology continued to bear the brunt of foreign selling as overseas investors sold shares worth ₹4,873 crore in the first half of November after selling ₹2,194 crore in October. The sector has witnessed foreign selling for the fourth consecutive month, and foreign investors have dumped shares worth over ₹70,000 crore between January and October. "Historically, when the IT sector has underperformed, the valuations in the sector have come off; however, this time the valuations continue to be relatively high despite weak earnings," said Siddarth Bhamre, head of research, Asit C Mehta Intermediates. "This is prompting foreign funds to move out of the sector." While the valuations in the IT sector could be a factor in the foreign sell-off, the global outperformance o
Afghanistan's Taliban government vowed Tuesday to "respond appropriately" to overnight strikes it blamed on neighbouring Pakistan that killed 10 people, as tensions spiked the day after a suicide bombing in a Pakistani city.An air raid on Khost province left nine children and a woman "martyred", Taliban spokesman Zabihullah Mujahid posted on X, blaming Pakistani forces and saying the target was "the house of a local civilian resident".Residents of the targeted area near the Pakistan frontier were searching through the rubble of a collapsed house and preparing graves for victims, an AFP correspondent saw."Our request from the government of Pakistan is this: do not bomb ordinary people," said Sajidulrahman, a resident of the Jige Mughalgai area."Civilians have done nothing wrong."Mustaghfir
