Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
Domestic carrier IndiGo has cancelled over 180 flights from three major airports on Thursday, as the Gurugram-based airline struggles to secure the required crew to operate its flights in the wake of new flight-duty and rest-period norms for pilots.
These losses increase insurance premiums for customers and reduce insurer margins on the other.
Indigo airlines cancelled 13 flights from Hyderabad airport, causing chaos and frustration among passengers. The cancellations were attributed to technology and operational issues.
IndiGo cancelled over 1,000 flights on Friday and said operations are expected to normalise in the next 10 days, as the country's largest airline received flight duty norms relaxation from watchdog Directorate General of Civil Aviation (DGCA), which will probe the disruptions that have impacted thousands of passengers for four straight days.
The Supreme Court has sought a response from the CBI on a former RAW official's plea seeking documents related to his trial under the Official Secrets Act. The case involves allegations of revealing secret information in a book written by the official.
Brookfield India Real Estate Trust (BIRET) plans to acquire a large office campus, covering 7.7 million sq ft, in Bengaluru for Rs 13,125 crore to expand its portfolio.
'Companies will need to revisit compensation structures, contracts, staffing models, and human resources system.'
West Bengal Chief Minister Mamata Banerjee on Tuesday accepted Aroop Biswas's resignation as the sports minister in the wake of the controversy over the mismanagement of football icon Lionel Messi's event last week, a senior leader of the ruling Trinamool Congress said.
New Zealand will pin their hopes on a rookie attack and field a new wicketkeeper when they take on the West Indies in the second Test in Wellington starting on Wednesday following a slew of injuries.
Understanding severance pay isn't just for those who are losing their jobs
A software employee was arrested for allegedly misbehaving with a female flight attendant on board an Air India flight from Dubai to Hyderabad, police said here on Sunday.
Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.
Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about $12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships.
Returning to the Brahmaputra for Vijay Diwas was not just a journey across geography, but across memory of war, service, sacrifice, and the enduring bond between the Indian Air Force and the north east, asserts Air Commodore Nitin Sathe (retd).
SMAT: Haryana beat Bengal to enter Super 8s, Punjab also qualify
'Her outstanding performance in the World Cup has definitely added to her brand value significantly. The high WPL bids validate it more.'
Pace bowling all-rounders always come at a premium and therefore, the troika of Green, Venkatesh Iyer and West Indies' Jason Holder, all coming at the highest base price of Rs 2 crore (US$220,000), are set to headline the bidding war.
'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'
The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.
Asim Munir, who was promoted to the Field Marshal rank this year, will also simultaneously hold the office of the Chief of Army Staff, along with his duties as CDF.
The divergent views on the proposed theater commands was visible at a two-day military conclave at the Army War College, Mhow, with Air Chief Marshal AP Singh cautioning against implementing the plan in a hurry while Navy Chief Admiral Dinesh Tripathi asserted that his force is committed to it.
iPhone maker Apple hit an all-time revenue record in India during September quarter, marking a strong growth streak in the world's second largest smartphone market where the tech titan has been deepening retail footprint and local manufacturing.
Prime Minister Narendra Modi will host Russian President Vladimir Putin for a private dinner and summit, focusing on defence, trade, and geopolitical issues, including the Ukraine conflict and the impact of US sanctions.
Kolkata Knight Riders splashed the cash as they spent a record breaking Rs 25.20 to buy Australian all-rounder Cameron Green.
Washington Sundar enhanced his reputation as a T20 hitter with India batting in top gear through the innings to comfortably chase down a target of 187 for a series levelling five-wicket win over Australia.
India needs to increase the investment rate to 34-35 per cent from 31-32 per cent currently to achieve a growth rate of 7 per cent and above, said S Mahendra Dev, chairman, economic advisory council (EAC) to the Prime Minister, on Wednesday.
The aviation regulator stated that the "primary cause" of the disruptions was IndiGo's failure to make "adequate arrangements" to meet the revised staffing, duty-time and rostering requirements under the newly implemented Flight Duty Time Limitations scheme.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
'4 lakh to 5 lakh people graduating in computer science getting jobs in software companies will not happen.'
Taking a serious note of the situation, the civil aviation ministry said it has invoked regulatory powers to ensure fair and reasonable fares across all affected routes.
While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent.
Foreign direct investment (FDI) in India rose 18 per cent to $35.18 billion during April-September this fiscal year, while the inflow from the US more than doubled to $6.62 billion during the first half of this fiscal, according to government data released on Monday. Foreign Direct Investment (FDI) during April-September FY24 stood at $29.79 billion.
The Supreme Court has directed the CBI to conduct a pan-India investigation into digital arrest scams and questioned the RBI about its lack of AI usage in detecting and freezing accounts used by cybercriminals.
Prime Minister Narendra Modi led the Rashtriya Ekta Diwas celebrations at the Statue of Unity, commemorating Sardar Vallabhbhai Patel's birth anniversary with a unity pledge and parade.
'Rate cut looks unlikely and there is reason to believe that the cycle is over.'
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
The Union Cabinet on Friday approved Rs 11,718 crore for conducting the Census of India, 2027, which would include the caste enumeration for the first time.
AI means 'All Inclusive' for India, asserted Prime Minister Narendra Modi on Thursday while stressing that India Stack is a beacon of hope for the world, especially for countries in the Global South.
Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.
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