Oil price biggest risk for Indian economy: Moody’s survey

A majority of Indian and foreign investors consider that high oil prices have emerged as a significant risk to the country’s economy, Moody’s Investors Service said on Wednesday. The US rating agency’s report is based on a survey of 175 respondents, including from over 100 financial institutions at the annual India Credit Conference in Mumbai […]

SpiceJet aircraft makes emergency landing due to low cabin pressure

Low cabin pressure mid-air forced a Delhi-bound SpiceJet aircraft from Mumbai, carrying over 100 passengers, to land at the city airport this morning under emergency conditions. All the passengers on-board were safe, an airline spokesperson said. “SpiceJet Boeing 737 aircraft (VT-SZB) was operating flight SG 160 Mumbai-Delhi. Enroute, the aircraft had a (cabin) pressure problem,” […]