Flight AI171, bound for London, went down minutes after departure, killing more than 200 people in what is now the world's deadliest aviation disaster in a decade. The cause of the crash remains unclear.Â
Tata Group will offer Rs 1 crore to family members of people who lost their lives in the Ahmedabad crash of Air India Flight 171, which killed over 200 people on Thursday.
At least 204 people were killed and 41 injured after the London-bound Air India flight crashed just minutes after taking off from Ahmedabad's Sardar Vallabhbhai Patel International Airport on Thursday.
The decline in retail inflation is mainly because food prices rose at a much slower pace than before. Cheaper vegetables, fruits, cereals, and pulses helped bring food inflation down sharply. In May, food inflation fell to 0.99% from 1.78% in April.
The S&P BSE Sensex was down by 823.16 points to close at 81,691.98, while the NSE Nifty50 fell by 253.20 points to settle at 24,888.20.
The London-bound flight AI-171, carrying 242 people including 230 passengers and 12 crew members, crashed in the Meghaninagar area near the Sardar Vallabhbhai Patel International Airport minutes after takeoff. The plane had issued a mayday call before losing contact with air traffic control.
On Thursday afternoon, an Air India flight heading to London crashed just minutes after take-off, with 242 people on board. The flight, AI-171, was being operated by a Boeing 787 Dreamliner.
The airplane crash has led to a temporary suspension of flight operations at Sardar Vallabhbhai Patel International Airport.
Boeing shares nosedived over 8% in pre-market trade after the Air India Dreamliner crash in Ahmedabad, deepening investor concerns over the jetmaker's safety record and regulatory troubles.
Google is now giving some employees the option to leave the company with a severance package. This is being called a "voluntary exit programme", as per reports.
Stock market today: The fall occurred despite markets erasing early losses as the S&P BSE Sensex fell by 911 points to 81,603.95 and the NSE Nifty50 lost 288.75 points to 24,854.45 by 2:29 pm.
The Reserve Bank of India (RBI) will amend regulations to prevent overseas transfers from being used to park money in time deposits or other interest-bearing accounts abroad, one of the sources said.
