Air Taxis: The future of flying? US moves to fast-track air taxis, supersonic planes and drone expansion

Air taxi (representative image) The US Federal Aviation Administration (FAA) is stepping up efforts to support the deployment of air taxis, supersonic passenger aircraft, drones and commercial space launches, as it looks to modernise aviation regulations and accelerate the adoption of next-generation technologies.Speaking to Reuters at the Farnborough International Airshow, FAA deputy administrator Chris Rocheleau…

Read More

Another oil shock loading for India? How Red Sea route disruptions may hit not only Saudi, but also Russian crude supply

Like the Strait of Hormuz, the Bab el-Mandeb Strait is a strategically important maritime shipping route. In March 2026, India was faced with an unprecedented oil supply and price shock. Four months from then, India has managed to successfully secure its crude supplies through a diversified procurement basket relying mainly on Russian crude to tide…

Read More

New warning on oil: Goldman Sachs says crude prices could cross $120 if Strait of Hormuz disruptions continue

The analysts said the decline in global oil inventories during the second quarter has made the market more vulnerable to supply disruptions. Are Brent crude oil prices set to cross $120 per barrel again? According to Goldman Sachs Group Brent crude prices could climb above $120 a barrel in the fourth quarter if disruptions in…

Read More

SBI Funds Management listing makes some employees crorepatis; stock debuts at 7% premium to IPO price

SBI Funds Management entered the stock market after attracting robust institutional demand. SBI Funds Management stock listing: Years of employee stock ownership at SBI Funds Management is poised to generate multi-crore wealth for several executives as the country’s largest asset management company enters the stock market. Based on the IPO issue price of Rs 574…

Read More

‘Direct violation’: Canada vows to protect workers after Trump slaps 50% tariffs on select goods

Prime Minister Mark Carney on Tuesday said that US President Donald Trump‘s decision to impose fresh 50% tariffs on select Canadian goods is a “direct violation” of the Canada-United States-Mexico Agreement (CUSMA).He further said that the government would continue to support the country’s workers, businesses and families. His remarks came after Trump’s latest tariffs targeted…

Read More
Copyright 2026 Kafela Bazar.