Economy

Indian airlines reduce gap with foreign players in international market: Report

The aviation sector in India is witnessing a significant shift, with Indian airlines steadily gaining ground in the international passenger market, according to a report by ICICI Securities. While foreign carriers continue to dominate in freight, the passenger segment is now showing more parity between domestic and international operators. It stated “International segment now has […]

New Report by Cambridge Identifies Five Priorities to Prepare Students for a Changing World

Business Wire India Foster greater self-management skills to help students navigate uncertainty Reframe subject knowledge to increase its value in age of AI Signpost skills more clearly so students recognise they're prepared for the future Strengthen oracy to help students build meaningful relationships Strengthen the role of school as the place to build purposeful connections […]

Economy

Mandis shut across Kashmir, farmers report ₹750 crore loss as highway closures stall trade

Parimpora Fruit Mandi was shut down in Srinagar on Monday. All major mandis remained closed in the valley on Monday | Photo Credit: IMRAN NISSAR Kashmir’s fruit trade came to a standstill for the second day on Monday, as mandis across the Valley shut down shutters in protest of frequent traffic disruptions on the Jammu–Srinagar […]

AI for Viksit Bharat: Niti Aayog report pegs $500-600 billion GDP boost by 2035; financial services, manufacturing to gain most

Faster adoption of Artificial Intelligence (AI) across industries has the potential to add $500-600 billion to India’s GDP by 2035, according to a Niti Aayog report.The report, titled ‘AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth’, projects that AI could significantly raise productivity and efficiency, making it a decisive lever for India’s growth […]

Economy

FICCI-BCG report calls for diversified, digital and compliant value chains for India

A joint report titled ‘Evolving Landscape of Global Value Chains’ by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Boston Consulting Group (BCG) has stressed the need for companies to design value chains that are diversified, digitally enabled, and compliant with evolving global standards beyond efficiency and scale. For decades, globalisation and […]

SpiceJet delays salaries for senior staff, junior employees get paid on time: Report

Budget airline SpiceJet has delayed salaries for a sizable section of its employees over recent months, a source told PTI.While workers earning up to Rs 55,000 per month have received their August salaries, senior staff — largely at Assistant Manager level and above — are waiting for their payments, the source added.“SpiceJet has once again […]

GST relief: Rate rejig set to ease daily expenses; PwC report says household budgets may get a breather

Household budgets in India are likely to get some relief after the recent revision in Goods and Services Tax (GST) rates, according to a report by PwC. The advisory firm noted that the rate adjustments are expected to make everyday expenses more manageable for consumers, potentially lifting overall consumption sentiment. PM Modi Hails GST Reforms […]

Retail relief ahead: Bank of Baroda report sees CPI easing to 3.1% in FY26; GST cuts to soften prices further

Representative image (Picture credit: ANI) Prices of daily essentials may ease further in the coming months as recent cuts in GST begin to reflect in actual numbers, Bank of Baroda (BoB) said in its latest report. According to news agency ANI, the bank projects retail inflation, measured by the Consumer Price Index (CPI), to average […]

Philip Morris International Releases 2025 Sustainability Materiality Report

Business Wire India   Philip Morris International Inc. (NYSE: PM) today published its 2025 Sustainability Materiality Report, presenting the results of its latest global sustainability materiality assessment (SMA). Following the principles of double materiality, the report outlines the key sustainability topics identified, along with their associated impacts, risks, and opportunities (IROs), in line with the […]