NEW DELHI: As Indian carriers prepare to increase their share in international airtravel in and out of the country, India’s largest airline IndiGo has reacted sharply to Emirates’ long-standing demand for more flying rights for Dubai.“First of all, it’s called a bilateral agreement, right? That means two sides have to agree on something. If one…
India’s real GDP growth is projected to slow to 6.2 per cent in FY26, down from 6.5 per cent in FY25, according to a report released on Monday by Japanese brokerage firm Nomura.Nomura’s research report, quoted by PTI, highlighted a growing “divergence” between Goods and Services Tax (GST) collection growth and other high-frequency indicators such…
Salil Parekh (File photo from Infosys website) Infosys CEO and managing director Salil Parekh received a total pay of Rs 80.62 crore in FY25, marking a 21.6 per cent increase from Rs 66.25 crore in the previous year, according to the company’s annual report.The report details that Parekh’s remuneration comprised a base salary of Rs…
Image used for representative purposes Tata Group-owned Air India has been working on a top-to-bottom transformation for the last three years and has also placed orders for 570 planes, the airline’s CEO and MD Campbell Wilson said on Monday.“It is a transformative time for India and a transformative time for Air India…,” Wilson said, highlighting…
Pakistan’s economic recovery remains delicate as it works under a $7 billion International Monetary Fund programme. (AI image) Pakistan may not want to go to the world with a ‘begging bowl’, but the fact remains that its economy is in dire straits. During a recent address, Pakistan Prime Minister Shehbaz Sharif acknowledged the country’s extremely…
US Federal Reserve Governor Christopher Waller hinted on Monday that interest rate cuts could still be on the table in the coming months, even amid potential inflationary pressures from newly introduced tariffs.Speaking at an event in Seoul, South Korea, Waller said, “I support looking through any tariff effects on near term-inflation when setting the policy…
NEW DELHI: Vodafone Idea CEO Akshaya Moondra, during an investor call following the release of the company’s Q4 and FY25 financial results, confirmed that the company is actively engaged in discussions with the government regarding the long-standing Adjusted Gross Revenue (AGR) issue. He noted that there are no existing restrictions that prevent the government from…
Errol Musk in Delhi (ANI) NEW DELHI: Errol Musk, father of Tesla CEO Elon Musk, expressed admiration for India’s push towards green technology, saying he sees immense potential in the country’s commitment to sustainability and energy efficiency. Speaking to ANI, during his visit to Delhi, Musk shared his insights on India as a global power,…
India foresees a “minor impact” from the United States President Donald Trump’s proposed elevation of tariffs on steel and aluminium products, according to the federal steel minister’s statement on Monday, citing limited export volumes to Washington.Following Trump’s announcement last week regarding his intention to raise tariffs on imported steel and aluminium from 25% to 50%,…
Aadhaar cardholders have until June 14, 2025, to update their identity and address documents online for free, the Unique Identification Authority of India (UIDAI) has announced. After this date, any updates will require a visit to an Aadhaar Enrolment Centre and attract a fee of Rs 50.As per UIDAI rules, Aadhaar holders must update their…
