BUSINESS
IndiGo Given Final 3-Month Extension to End Turkish Aircraft Lease
IndiGo has two Boeing 777s which it acquired through a lease from Turkish Airlines. While the lease of the budget airline was until May 31, it had asked for the extension of the lease by six months from the Civil Aviation Ministry.
Indian Hospitality Sector Sees 16.3% Jump in Revenue Per Available Room in Q1
The uptrend also persisted sequentially, with RevPAR in major markets in India growing 8% from the fourth quarter of 2024.
India's Foodgrain Output Surges 6.6% to Record 354 Million Tonnes in 2024–25
This upward trajectory includes output from all major crops such as rice, wheat, maize, pulses, soyabean, and groundnuts.
Swiggy Shares Fall 41% in 2025, Trading Below IPO Price
Such a consistent decline reflects increasing investor concern about the company's mounting losses, increasing market competition, and a murky trajectory to long-term profitability.
Crisil Projects India’s GDP Growth at 6.5% for Fiscal Year 2026
Crisil expects the Reserve Bank of India's monetary relaxation steps to offset some of the external pressures on the economy.
WEF Report Flags Global Slowdown, Highlights India as Key Growth Engine
The 'Chief Economists Outlook' survey says that a vast majority (79%) of economists perceive the prevailing geoeconomic trends not as short-term disruptions but as signs of a deep structural shift in the global economy.
India's Industrial Output Growth Slows to 2.7% in April Amid Mining and Power Sector Weakness
The manufacturing industry, which is very important in the creation of quality job opportunities for the nation's upcoming graduates from universities and engineering colleges, posted a 3.4 percent increase from April last year. The growth also represented an improvement from March's 3 percent increase.
EY Report: India’s Growth Set to Stabilize in FY26 and FY27 Amid China’s Slowdown
Growth projections for China have been significantly reduced by 0.6 and 0.5 percentage points for the current fiscal year and next fiscal year respectively, now projected at 4% for both FY26 and FY27.
US Urges ‘Fair and Reciprocal’ Market Access in Trade Talks with India
On Wednesday, Deputy Secretary of State Christopher Landau sat down with India's Foreign Secretary Vikram Misri and discussed not just trade but also threats of illegal migration and counternarcotics campaigns.
PayPal Receives In-Principle Approval from RBI for Cross-Border Export Payments
This is a major milestone for PayPal's operations in India and further cements its focus on enabling secure cross-border payments to almost 200 countries, the company added.
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