Saudi Arabia has allowed Air India to use its airspace for flights between Delhi and Tel Aviv, Israeli daily Haaretz reported. However, a spokesperson for Saudi Arabia’s General Authority of Civil Aviation was quoted in another media report denying that any such permission was granted to Air India.

It could not be confirmed from either the ministry of civil aviation here or Air India, whether the national carrier has been given right to use Saudi airspace for flight to Tel Aviv.

Idea Cellular on Wednesday said it has suspended interconnect services with Aircel because of non-payment of dues by the latter despite repeated reminders. “Despite several reminders for releasing the dues since November 2017, the operator (Aircel) has failed to meet its payment commitments, forcing Idea to suspend interconnect services, as per the terms of interconnect agreement between both parties,” the company said.

In a definite indication loans are turning costlier, HDFC Bank on Wednesday raised the marginal cost of funds-based lending rate (MCLR) by 10 basis points for some tenures. The one-year MCLR was raised to 8.2% and matches that at ICICI Bank. However, State Bank of India (SBI) charges a lower 7.95%. Axis Bank, which last month became the first large lender to raise its MCLRs since the pricing mechanism came into effect on April 1, 2016, charges 8.3%. At HDFC Bank, the six-month, two-year and three-year MCLRs are now 8%, 8.3% and 8.5%, respectively.

Virat Kohli's masterclass and a pouncing pack of wrist-spinners ensured a 124-run win for India in the third ODI in Cape Town, giving the visitors an unassailable 3-0 lead and taking them one step closer to a maiden series triumph in South Africa.

Kohli reaffirmed his status as an ODI great with an unbeaten 160 off 159 balls on a challenging Newlands surface, propelling India to 303 for six.

The benchmark BSE Sensex opened on positive note today, the 30-share BSE Sensex was up 253.58 points or 0.74 per cent at 34,336.29 and the 50-share NSE Nifty rose 71.60 points to 10,548.30.

Key indices on Thursday extended gains in morning driven by index heavyweights like Infosys, HDFC twins and Reliance Industries.

In New Delhi, India’s capital and its most polluted city, eight of every 10 children and youth below 20 years of age living in areas with constantly polluted air have poor lung capacity, according to a study by Hazards Center, a Delhi-based advocacy.

These findings come at a time when data on the health effects of air pollution are being denied by the ruling Bharatiya Janata Party (BJP) government.

Three global car majors – Ford, Nissan, and Volkswagen – are skipping the ongoing Auto Expo 2018. There is one common trend among these three companies — they all ship more cars to overseas markets than their local sales within India.

Interestingly, there are no other carmakers with operations in the Indian market that export more cars than their domestic sales.

With the concept of a universal exchange set to become a reality, the Securities and a Exchange Board of India (Sebi) has finalised norms for allowing mutual funds and portfolio management services to participate in commodity derivatives. The market regulator will be announcing these norms shortly.

Sebi had issued a discussion paper on the subject in first week of December last year.

Mark Zuckerberg has offered fresh self-criticism, acknowledging making numerous mistakes in building the world's biggest social network as Facebook marked its 14th birthday.

"Over the years, I've made almost every mistake you can imagine," the Facebook co-founder said on his personal page.

Bengaluru: Wipro Ltd has entrusted its current head of manufacturing and technology practice to head the energy vertical, and created a new role for the head of oil and gas practice, marking the first management changes under chief executive Abidali Neemuchwala, who took over as boss of India’s third largest information technology (IT) outsourcing company in February 2016.

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