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17:44
Indian airlines: War drives fuel costs up, flights may be suspended
Golden Ten Data reported on April 29 that major Indian airlines have issued warnings that they may suspend services unless the government reduces aviation fuel prices. According to a letter, the "Federation of Indian Airlines," which represents airlines such as IndiGo, Air India, and SpiceJet, stated in a letter to the Indian Ministry of Civil Aviation: "The Indian aviation industry is under extreme pressure and is on the verge of bankruptcy or ceasing operations." They have requested the reinstatement of the price cap on aviation fuel implemented during the pandemic, as well as tax reliefs or deferrals.
17:25
Goldman Sachs says the crypto market is approaching the end of its current downward cycle
Goldman Sachs Global Investment Research stated that the current downward cycle of prices and trading volume in the crypto market has completed about 90–95% and is approaching its end compared with historical cycles. (Cointelegraph)
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