Singapore Airlines Flight Fell 178 Feet in Under 5 Seconds

The severe turbulence that killed one passenger and injured dozens on a recent Singapore Airlines flight led to sudden changes in altitude and airspeed, Singapore’s Transport Ministry said on Wednesday. Flight SQ321 encountered turbulence about 10 hours into a 13-hour trip to Singapore from London last week, officials said. Many of the 211 passengers had…

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Mazagon Dock, Samvardhana Motherson among 4 midcap stocks that hit new 52-week highs on Thursday – ​New Highs

May 30, 2024, 02:27:00 PM IST Benchmark equity indices extended losses on Thursday, pressured by weakness in their global peers on increasing worries that U.S. interest rates will stay higher for longer. However, in today’s trading session, four midcap stocks from the Nifty200 index reached a new 52-week high. Here’s the list: iStock New 52-week…

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RBI Imposes Penalty on ICICI Bank and YES Bank

The Reserve Bank of India (RBI) has penalized ICICI Bank and YES Bank for violations of regulatory norms pertaining to their financial positions as of March 31, 2022. Following supervisory inspections, the RBI issued notices to both banks, which subsequently failed to provide satisfactory explanations for the identified lapses, leading to the imposition of penalties….

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