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US lifts India airline safety rating

US authorities upgrade India's aviation safety rating, allowing Indian airlines to increase the number of flights they operate to the country.

The Nasdaq and the S&P 500 were up 0.2% and 0.1%, respectively. The Dow Jones industrial average was also up 0.2%.

Cyprus lifts the last remaining capital controls it imposed on its banking system during the financial crisis of 2013.

The government plans to take the number of nuclear power plants from 22 at present to 75 in just about five years.

Vistara, a new Indian airline formed by Tata and Singapore Airlines, is offering a more premium service than low-cost carriers. But will it succeed?

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