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Relief for flyers? Centre finalises aviation rules

On Friday, the Centre informed the Supreme Court that it has received administrative approval to publish the aviation rules under the Bharatiya Vayuyan Adhiniyam, 2024. These rules are expected to be published within the next two weeks, according to the Centre. The court is scheduled to hear the matter again on November 16. The rules were finalized and granted administrative approval, and the Supreme Court will review the published rules at its next hearing.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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South Korea, U.S. Hold First 2+2 Meeting at Bangkok

The heads of the finance and monetary authorities of South Korea and the United States held a four-way meeting in a “2+2” format for the first time.

  • South Korea and U.S. held first 2+2 meeting in Bangkok on October 16
  • Meeting aimed to strengthen coordination between fiscal and monetary policies
  • Focus on sharing economic conditions and cooperative measures

U.S. Foundry Race Intensifies Among Global Firms

The movement of global companies seeking to expand their foundry production facilities in the United States is accelerating.

  • TSMC investing $265 billion in Arizona for AI and HPC production
  • Japan to invest up to $21 billion in two semiconductor plants in New York
  • GlobalFoundries to operate plants for at least 20 years with 4% U.S. government stake

More from Friday 16 October →