India, Russia discussed supply of missile systems, upgrades to fighter jets, New Delhi says
JF-17 Thunder taking off to destroy Indian S-400 defence system
The defence ministers of both countries met on Thursday on the sidelines of the SCO meet in China.
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Express Tribune
25 minutes ago
- Express Tribune
India orders fuel switch checks on Boeing jets after Air India crash
Wreckage of the Air India Boeing 787-8 Dreamliner plane sits on the open ground, outside Sardar Vallabhbhai Patel International Airport, where it took off and crashed nearby shortly afterwards, in Ahmedabad, India July 12, 2025. REUTERS/Amit Dave Purchase Licensing Rights Listen to article India has ordered its airlines to examine fuel switches on several Boeing models after they came under scrutiny following last month's crash of an Air India jet which killed 260 people. A preliminary report, issued by India's Aircraft Accident Investigation Bureau on Saturday, found that the switches had flipped from run position to cutoff shortly after takeoff. The report did not offer any conclusions or apportion blame for the June 12 disaster, but indicated that one pilot asked the other why he cut off fuel, and the second pilot responded that he had not. India's Directorate General of Civil Aviation (DGCA) issued the order Monday to investigate the locking feature on the fuel control switches of several Boeing models, including 787s and 737s. Also Read: Crash cause yet unclear, says Air India CEO The order came after Boeing notified operators that the fuel switch locks on its jets were safe. But it was in line with a Special Airworthiness Information Bulletin (SAIB) issued by the US Federal Aviation Administration (FAA) in 2018, which recommended inspection of the locks to ensure they could not be moved accidentally. Several Indian and international airlines have already begun their own inspections of fuel switches. "It has come to the notice of DGCA, that several operators -- internationally as well as domestic -- have initiated inspection on their aircraft fleet as per the SAIB," DGCA said in a statement. In view of the SAIB, all airline operators of the affected aircraft must complete the inspection by July 21, it added. Also Read: India releases report on deadly jet crash The Boeing 787-8 Dreamliner was headed from Ahmedabad in western India to London when it crashed, killing all but one of the 242 people on board as well as 19 people on the ground. In a letter to employees on Monday, Air India CEO Campbell Wilson said the investigation into the crash was ongoing and it would be unwise to jump to "premature conclusions". South Korea was also going to order its airlines to examine fuel switches on Boeing jets, its land and transport ministry said on Tuesday. "The ministry is preparing to order all South Korean airlines that operate Boeing aircraft to examine fuel switches in accordance with the FAA 2018 directives," a spokesperson for the ministry told AFP.
Business Recorder
an hour ago
- Business Recorder
US stocks mostly up after inflation data, Nvidia jumps
NEW YORK: Wall Street stocks mostly rose early Tuesday as markets digested a mixed US inflation report while Nvidia jumped after receiving US approval to resume chip sales to China. The US consumer price index was up 2.7 percent from a year ago in June, rising from 2.4 percent in May as energy costs rose. The inflation report 'was better than feared from a headline standpoint, but it was not good enough to put to rest the fear that tariffs will drive higher, and stickier, inflation,' said analyst Patrick O'Hare. About 25 minutes into trading, the Dow Jones Industrial Average was down 0.2 percent at 44,369.77. Wall Street largely flat as tariff fatigue persists The broad-based S&P 500 gained 0.2 percent to 6,283.88, while the tech-rich Nasdaq Composite Index jumped 0.7 percent to 20,780.30, adding to its record from Monday. The inflation reading comes as Federal Reserve Chairman Jerome Powell has continued to advocate a wait-and-see approach to monetary policy in light of President Donald Trump's aggressive trade policy featuring a heavy use of tariffs. Among individual companies, Nvidia jumped 3.7 percent as it announced it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. Markets also digested better than expected earnings reports from JPMorgan Chase, Citigroup and Wells Fargo. However, Wells Fargo fell 4.2 percent after lowering its forecast for net interest income, a closely watched benchmark.
Business Recorder
5 hours ago
- Business Recorder
Pakistan, Russia agree to enhance ties in trade, energy, defence sectors
Pakistan and Russia have agreed to further enhance cooperation in trade, energy, agriculture and defence sectors. This understanding came at a meeting between Deputy Prime Minister and Foreign Minister Ishaq Dar and Russian Foreign Minister Sergei Lavrov on the sidelines of the SCO Council of Foreign Ministers meeting in Tianjin, China. During the meeting, both the dignitaries expressed satisfaction over the positive trajectory of bilateral ties, DPM's Office said. On this occasion, the foreign minister reiterated the invitation for FM Lavrov to visit Pakistan. FM Dar met Chinese President Xi Jinping as well at the Great Hall of the People in Beijing and conveyed him the warm greetings of the leadership, government and people of Pakistan. 'As iron-clad brothers and all-weather strategic cooperative partners, we remain committed to deepening Pak-China enduring friendship and advancing shared regional goals,' Dar wrote in a post on X. The meeting between the foreign minister and Chinese president was held on the sidelines of the Shanghai Cooperation Organization (SCO) Council of Foreign Ministers meeting. Meanwhile, Foreign Minister Dar also represented Pakistan at the joint call of the Foreign Ministers of the SCO Member States on President Xi. The Chinese president, welcoming the heads of delegations, underlined the salience of regional cooperation under the ambit of SCO, an organisation covering the Eurasian land mass and a large expanse of the world's population, Radio Pakistan reported. Senator Dar arrived in Beijing, China, on Monday to attend a three-day meeting of the SCO Council of Foreign Ministers being held in Tianjin, China. He is attending the event at the invitation of Foreign Minister of China Wang Yi.
