Money

Indian aviation watchdog bars 90 pilots from flying 737 MAX

Published

4 years ago

April 14, 2022

India’s aviation watchdog is cracking down on flight crews operating the once-troubled Boeing 737 MAX

As airlines across the world struggle to find staff now that the aviation sector is rebounding, there’s troubling at Indian budget carrier SpiceJet.

The airline has revealed that the Indian aviation regulator has asked 90 of its pilots to refrain from flying the once-troubled Boeing 737 MAX planes.

The watchdog stated all 90 pilots must be retrained in flying the aircraft, and shall not be able to operate the jet until then.

SpiceJet, which currently operates 11 MAX aircraft and has 144 pilots to fly them, stated that its pilots have been restricted by authorities from operating the jets, until they are retrained and retrained to India’s Directorate General of Civil Aviation’s satisfaction.

Indian media reported that the restrictions were imposed after flaws were discovered at a simulator facility near Delhi where they had received training for the Boeing Max jet.

The impacted pilots are still able to operate other types of Boeing 737 aircraft such as the 737-800, and the restriction does not impact MAX operations itself, a SpiceJet spokesperson has confirmed.

The airline is Boeing’s biggest customer in the South Asian nation for MAX planes.

“We are working closely with all parties involved including our supplier and the DGCA to ensure the maintenance and operation of this specific device complies with all regulatory requirements,”
Boeing said in a statement.

“We are committed to ensuring our customers receive high quality simulation experiences in accordance with all regulations.”
Boeing says.

The pilots need to retrain successfully and we will take strict action against those found responsible for the lapse, Arun Kumar, the directorate general at India’s air safety watchdog DGCA, said.

In August, the regulator cleared the 737 MAX aircraft to fly after a near two-and-a-half-year regulatory grounding following two fatal crashes in 2019.

As part of the agreement to return the jets to service, Boeing and regulators agreed to beef up training for pilots to also include simulator training.

Money

RBA rate shock: ASX200, Gold and Crypto market

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

Published

23 hours ago

February 10, 2026

Harvey Vargas

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.

Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.

We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.

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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook

Money

Dow hits record while tech stocks drive market gains

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

Published

1 day ago

February 10, 2026

Harvey Vargas

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.

Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.

Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.

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Money

Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

Published

2 days ago

February 9, 2026

Harvey Vargas

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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