United Airlines will replace some of its older Boeing planes with 50 new Airbus jets starting in 2024. Chicago-based United announced on Tuesday that it placed an order for Airbus A321XLR jets, a long-range version of the European company's single-aisle A321neo.They will eventually replace United's 53 Boeing 757-200s.Terms weren't released. United also will delay delivery of larger Airbus A350s.Close The decision is a setback for Boeing, which is also based in Chicago and is reeling from the grounding of its 737 Max jets after two deadly crashes.United Chief Commercial Officer Andrew Nocella said the Max doesn't have the range of the A321XLR and Boeing hasn't decided whether to build a new mid-size plane.He said United will use the Airbus jets mostly between the East Coast and Europe.Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has … [Read more...] about United Airlines buying 50 Airbus jets to replace older Boeing planes
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Six officials of Bihar's social welfare department, which has drawn flak after the sexual abuse of girls at a state-funded shelter home in Muzaffarpur came to light, have been placed under suspension on account of "negligence and dereliction of duty".Notifications to this effect were issued late last night. The officials put under suspension were posted as assistant directors of Child Protection Units in Muzaffarpur, Munger, Araria, Madhubani, Bhagalpur and Bhojpur districts.All the officials, suspended with immediate effect, have been charged with "failure to take adequate legal action" with regard to "assault, indecent behaviour and other undesirable activities" at shelter homes within their respective areas of jurisdiction.Close The Muzaffarpur shelter home incident had surfaced in a social audit conducted by Mumbai-based Tata Institute of Social Sciences. related news Rahul Gandhi, Priyanka visit Tihar jail to meet former FM Chidambaram CBI set to file fresh charges in … [Read more...] about Muzaffarpur sex scandal: Bihar govt suspends six officials
Rahul JainWhen we start our investment journey, along with the anticipation of returns one of the first things we evaluate is the risk appetite. Risk appetite denotes the magnitude of risk an investor can stomach based on his goals and expected returns. But justifying your risk can often leave you confused.I believe the easiest way to come to a solution is to ask the right. Hence I list down some essential questions answering which will help you analyse this essential investment metric and this article will help you dig deep into them. Let’s get started.Close How vital is your investable surplus?Rahul JainEVP|Edelweiss Wealth Management 4 strategies to sail smooth during market volatilityNifty flirts with 12K: 4 common equity investment mistakes you must avoid'Auto & ancillaries, midcap financial and infrastructure stocks likely to lead next bull run'This is the first question that you need to answer while gauging your risk appetite. The value of money or rather an investable … [Read more...] about How to evaluate your risk appetite?
Reports of a country-wide waiver of farm loans by the central government, on the lines of the Agricultural Debt Waiver and Debt Relief Scheme announced by the UPA-II government in 2008, have been doing the rounds.It’s hardly surprising, in view of the belief that it is widespread rural distress that unseated the BJP governments of Chhattisgarh, Madhya Pradesh, and Rajasthan. The perception that the promise of farm loan waivers helped the Congress win Madhya Pradesh and Chhattisgarh have added fuel to the speculation. That a farm loan waiver scheme by the Vasundhara Raje government couldn’t stave off defeat is of course airily brushed away.The Reserve Bank of India says total farm loan waivers amounted to 0.32% of the country’s GDP in 2017-18 and states have already budgeted for waivers to the extent of 0.2% of GDP this fiscal. Since 2014, we have seen agricultural debt relief announcements in Andhra Pradesh, Telangana, Tamil Nadu, Maharashtra, Uttar Pradesh, … [Read more...] about Quick Take | Farm loan waivers end up hurting the people they want to help
Finance Minister Nirmala Sitharaman on December 7 said that a tax rate cut proposal is “one among the many things we are thinking to boost growth.”Sitharaman made the statement at the Hindustan Times Leadership Summit, where she addressed a gamut of issues.The Finance Minister added that they would listen to learned economists who “are telling us that we have to move towards more fiscal stimulus.”Close In what would be good news for the common man, she further spoke about simplifying the tax regime and making it harassment-free. related news Moneycontrol Pro Weekender: The curious incident of the MPC in the slowdown Unnao case: Want to see accused shot dead or hanged, says victim's father Bank of Japan to consider offering bleaker view on output as trade war bites: Sources “We have commenced tax enquiries through the 'faceless' method and are moving towards harassment-free tax assessment – a simplified and exemption-free tax … [Read more...] about Tax cuts under consideration, focus on boosting growth, says Nirmala Sitharaman