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No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...
PFC, REC seek to help centre retain majority at low costPower Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary op...
Chinese AI models up to 50 times cheaper as enterprises reassess OpenAI, Anthropic costs: JPMorganThe report titled "Semiquincententacles: The US Grip on Global Markets," said growing cost pressures are prompting businesses to reconsider...
Best German Proverb of the day: "The cheapest is always the most expensive." A life lesson on quality, value and long-term thinkingThe German proverb "Das Billige ist immer das Teuerste" ("The cheapest is always the most expensive") teaches that the lowest-priced option...
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
Air India appoints former civil aviation secretary as advisor to chairmanAir India has appointed former civil aviation secretary Pradeep Singh Kharola as executive advisor to Chairman N Chandrasekaran, aiding in ...
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
India's private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMIIndia's private sector experienced a slowdown in June, reaching a three-month low as rising costs and softening demand impacted business. T...
Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
DoT retains backhaul spectrum pricing, rejects Trai's cut proposalTelecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal...
Rs 9,500 for 20 minutes to fix a door: Indian woman in US gives reality check on skilled workers’ earningsAn Indian woman in the US shared her experience of paying $100 for a 20-minute garage door repair, highlighting the high value placed on sk...
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
Air India Express set to open bookings for inaugural international flight to Abu DhabiAir India Express is poised to launch international flights from the new Navi Mumbai Airport to Abu Dhabi on July 15, marking a significant...
India's submarine hunters: Why the Navy is pushing for more helicopters and P-8I aircraftIndia is urgently bolstering its anti-submarine warfare capabilities amidst growing Chinese and Pakistani submarine presence. Naval helicop...
Dubai, Middle East travel warning: Have airlines resumed flight operations?Travel warning for Dubai, Middle East: Iran deal and the imminent reopening of Strait of Hormuz have led to possibility about situation ret...
Indian LNG carrier Disha crosses HormuzAn Indian LNG carrier, Disha, has successfully navigated the Strait of Hormuz. This marks the first Indian LNG tanker to cross the war-affe...