IATA presents key proposals on aviation safety sustainability and efficiency at ICAO assembly

MUMBAI: The International Civil Aviation Organization (ICAO) will take up 14 working papers submitted by the International Air Transport Association (IATA) at its 42nd Assembly in Montreal this month. These papers cover aviation safety, sustainability, and efficiency, with a strong focus on boosting Sustainable Aviation Fuel (SAF) production, reaffirming CORSIA as the sole global climate…

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Third upgrade in 2025! Japan’s R&I raises India’s sovereign rating to BBB+; cites strong growth outlook and fiscal discipline

Japan’s Rating and Investment Information, Inc. (R&I) has upgraded India’s long-term sovereign credit rating from ‘BBB’ to ‘BBB+’ with a Stable Outlook, marking the country’s third sovereign rating upgrade in 2025. The move emphasizes confidence in India’s domestic demand-driven growth and prudent fiscal management, the Government of India announced on Thursday.“Despite the uncertainties surrounding the…

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Stock markets steady on SIP flows: Jefferies says mutual fund inflows preventing crash; stocks seen trading sideways

India’s stock markets are being propped up largely by consistent mutual fund investments, which are preventing a sharper fall despite heavy outflows, Jefferies has said in a new report.The brokerage noted that without these steady inflows, the high level of equity supply in the market could have triggered a collapse, news agency ANI reported. “Indian…

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