Page 491 - Industry News
Air India Express fires cabin crew members over 'premeditated' sick leave
According to Air India Express CEO Aloke Singh, more than 100 cabin crew members had reported sick just before their rostered flight duty since Tuesday night
 "Air India Express fires cabin crew members over 'premeditated' sick leave")
Relief unlikely for OEMs seeking FAME benefits with pre-deadline stocks
Despite appeals from industry stakeholders, the ministry of heavy industries (MHI) will not change its stance, said sources
 "Relief unlikely for OEMs seeking FAME benefits with pre-deadline stocks")
Akasa Air maintains its lead in monthly punctuality charts, shows data
In March, the airline, with a fleet of 24 planes, achieved the highest average daily OTP of 85.21 percent
 "Akasa Air maintains its lead in monthly punctuality charts, shows data")
India calls for reinvigorating discussions on development agenda at WTO
In a communication to the WTO, the country said that there is a substantial unfinished development agenda emanating from the recently concluded 13th ministerial conference of the WTO in Abu Dhabi
 "India calls for reinvigorating discussions on development agenda at WTO")
Goa top summer destination; Puri, Varanasi lead in pilgrims: MakeMyTrip
Among international destinations, while Dubai remains the top choice, Baku in Azerbaijan, Almaty in Kazakhstan, and Nagoya in Japan are recording the highest growth in searches
 "Goa top summer destination; Puri, Varanasi lead in pilgrims: MakeMyTrip")
Decision on resumption of sugar exports months away, says food secy
"It is still early days," Sanjeev Chopra, India's Secretary of Food and Public Distribution, told reporters on the sidelines of the Citi ISO Datagro Sugar Conference in New York
 "Decision on resumption of sugar exports months away, says food secy")
RBI asks NBFCs not to lend more than Rs 20,000 in cash for gold loan
NBFCs are required to maintain a Loan-to-Value (LTV) ratio not exceeding 75 per cent for loans granted against the collateral of gold jewellery
 "RBI asks NBFCs not to lend more than Rs 20,000 in cash for gold loan")
Govt allows pea import of consignments with bill of lading issued till Oct
During April-December this fiscal, the import of yellow peas stood at $5.43 million. It was $0.14 million in 2022-23
 "Govt allows pea import of consignments with bill of lading issued till Oct")
India overtook Japan to become 3rd largest solar power generator in 2023
Solar maintained its status as the world's fastest-growing electricity source for the 19th consecutive year, adding more than twice as much new electricity worldwide as coal in 2023
 "India overtook Japan to become 3rd largest solar power generator in 2023")
Framework for state mining index to be finalised soon: Mines secretary
A state mining index would boost cooperative federalism as well as competition among states, Mines secretary V L Kantha Rao said at a day-long workshop on State Mining Index here
 "Framework for state mining index to be finalised soon: Mines secretary")
MCC, and restrictions force drinkers to opt for local liquor brands
With state governments tightening their grip over liquor and Lok Sabha election restrictions creating supply chain disruptions, local brands are flooding the market
 "MCC, and restrictions force drinkers to opt for local liquor brands")
Air India, Lufthansa deepen ties, expand codeshare on India-Australia route
Passengers flying with Lufthansa from Frankfurt and Munich can now seamlessly connect to Sydney and Melbourne via Delhi and Mumbai airports using Air India flights
 "Air India, Lufthansa deepen ties, expand codeshare on India-Australia route")
Average daily domestic air traffic sees modest growth of 1.6% in April
The average international air traffic to and from India also observed a flat growth of 0.88 per cent month-on-month to 197,782
 "Average daily domestic air traffic sees modest growth of 1.6% in April")
SC states celebrities, influencers equally accountable for misleading ads
Top court asked FSSAI and the Ministry of Consumer Affairs, Food and Public Distribution to file affidavits on action taken by CCPA against false or misleading ads in food and health sector
 "SC states celebrities, influencers equally accountable for misleading ads")
After 5 quarters, rural FMCG consumption outpaces urban: NIQ report
While there is a consumption slowdown in urban markets and modern trade channels, rural markets and traditional trade registered an uptick, said NIQ
 "After 5 quarters, rural FMCG consumption outpaces urban: NIQ report")
What is brewing: How the aroma of coffee is wafting across India
Homegrown specialty coffee brands are raising funds to expand their footprint. Not just coffee, but also related accessories are now finding a place in the homes of coffee aficionados
 "What is brewing: How the aroma of coffee is wafting across India")
FMCG companies move fast on volume growth while rural beats urban
FMCG companies are also looking at increasing advertising spends in order to grow their brands
 "FMCG companies move fast on volume growth while rural beats urban")
India, European Union eyeing to boost cooperation in Indo-Pacific
The two sides explored ways to boost cooperation in the Indo-Pacific region at a security and defence dialogue in Delhi
DoT's likely 100-day aim: Govt to crack down on rising spam calls, messages
New inter-ministerial panel to coordinate policy, AI-based consent platform in works
 "DoT's likely 100-day aim: Govt to crack down on rising spam calls, messages")
Trade deal talks on: Faster services trade data compilation in the works
The Department of Commerce, that is in charge of international trade, mostly relies on the central bank's data for services trade data
 "Trade deal talks on: Faster services trade data compilation in the works")