Page 535 - Industry News

Domestic air passenger traffic expected to surpass pre-Covid levels: ICRA

Icra maintains a "stable" outlook on the domestic aviation industry, amidst the continued recovery in domestic and international air passenger traffic, and relatively stable cost environment, it said

FMCG sector to see subdued growth till September quarter: Kantar report

With El-Nino impact expected to keep weather dry for the first half of the year, the agriculture outlook for 2024 is a mixed bag

SC hears case on Parliament's authority over state taxes on mineral rights

The original case dates back to 1992, when the Bihar government, through an amendment, imposed additional taxes on land revenue coming from mineral-bearing lands leased out to mining industries

$1,780 to spend night in a 'cocoon'? Hotels now betting on sleep tourism

AI-assisted beds, on-call hypnotherapists are taking sleep tourism to the next level

Job security, positive work culture among priorities for employees: Report

The findings are part of consultancy firm Mercer's 2024 Global Talent Trends report that includes insights from more than 500 employees in Indian organisations

Non-availability of pilots impact flight operations of Vistara: Report

Some flights were cancelled and many were delayed at the Delhi and Mumbai airports on Wednesday, sources said

Supply chain issues to hit aircraft deliveries for Indian airlines: Report

In its report, credit rating agency Icra said Indian airlines have a total order book of around 1,700 aircraft, which is more than double the size of the current fleet

Exports of diamond expected to hit 5-year low in FY24 at $15-16 billion

The demand in the near term is expected to remain subdued with no significant recovery anticipated in the segment in FY'25, CareEdge Ratings said in a note

Monthly natural gas trades up 17% in Feb due to fall in global prices: IGX

Falling freight rates for LNG shipments have reduced gas prices in India

NPCI discusses means to grow UPI ahead december market cap deadline

NPCI owns and operates the Unified Payments Interface (UPI) platform

Manoj Chacko's Fly 91 gets air operator permit, routes under UDAN scheme

Under UDAN, the airline will connect Sindhudurg, Jalgaon, Nanded in Maharashtra and Agatti in Lakshadweep

Raj govt expects to attract investment with e-auction of iron ore blocks

Rajasthan is one of the richest states in terms of availability and variety of minerals in the country, producing over 57 different minerals

Boost GI products as premium goods globally to boost exports: Experts

Many Indian GI products, despite their unique quality and cultural significance, are not as well-known internationally, Global Trade Research Initiative (GTRI) Founder Ajay Srivasatava said.

From Settl. to Colive, co-living startups find room to double capacity

Co-living operators such as Settl., Aurum PropTech, and Colive are raising funds from investors to expand their businesses

EAC-PM pitches for mandating EV sales by all automobile manufacturers

The advisor also suggested ensuring greater adoption of EVs in the government fleet to enhance demand for electric vehicle cars

Electric two-wheeler sales likely to miss NITI Aayog target for FY24

Dealers feel a major reason for the dip is the reduction of FAME subsidy by the government

Play Store delisting: Global behemoths endangering Make in India, says COAI

While targeting Indian companies, large traffic generators are refusing to pay fair share charges, says COAI

Shape-shifting 'L2-5' vehicle category gets road ministry green light

The L2-5 can seamlessly switch between being a two-wheeled vehicle (L2 category) or a three-wheeled vehicle (L5 category)

Digital to overtake TV in revenues by the end of 2024: FICCI-EY report

The media sector is expected to grow by 10.2% to reach Rs 2.55 trillion by 2024

Continue importing 6% of coal needs till June, govt tells gencos

Logistical challenges, higher power demand nudge govt to extend import mandate