The Delhi-Indore Air India flight that returned to Delhi shortly after take-off after a fire indication on Sunday had initially issued a MAYDAY call to the air traffic control, but later downgraded it to PAN-PAN to indicate urgency rather than an emergency, an Air India spokesperson said.
Star Pakistan players Babar Azam and Mohammad Rizwan have been demoted to Category B from A as the Pakistan Cricket Board announced the men's central contract list for 2025/26 on Tuesday.
Industrials, IT, and Energy have been downgraded to a Neutral stance, while Financials, Staples, and Materials remain Underweight due to valuation concerns and structural headwinds.
Meanwhile, a tsunami warning issued for Miyakojima and Okinawa islands in Japan following a powerful earthquake in Taiwan has been downgraded from a warning to an advisory, CNN reported citing Japan's Meteorological Agency.
Pakistan becomes the only Asian country to be downgraded to an "authoritarian regime", registering the greatest deterioration of any country in the region classified as "Australia and Asia", according to the Economist Intelligence Unit's (EIU) Democracy Index 2023 report.
The US government’s credit rating has been downgraded by the Fitch Ratings from AAA to AA, citing a “steady deterioration in standards of governance," CNN reported on Tuesday.
Major credit rating agencies and financial firms are downgrading Israel’s standing, or issuing new warnings about its economy, in the wake of Monday’s passage of the first part of the government’s controversial judicial reforms. But Prime Minister Netanyahu says he is not too concerned by th