The Indian aviation sector is expected to encounter greater turbulence in FY2026, with projected net losses that can climb to Rs 95,000 to Rs 1,05,000 crore compared to Rs 55,000 crore in FY2025. The escalation in losses is driven by slowing passenger traffic growth alongside increasing aircraft deliveries, as cited by ICRA. “During FY2025, the…
अमेरिका के राष्ट्रपति डोनाल्ड ट्रंप द्वारा लगाए गए 50% टैरिफ आज से प्रभावी हो गए हैं। ये पेनल्टी रूस से तेल खरीदने के चलते भारत पर लागू की गई है। हालांकि, राहत की खबर यह है कि फार्मा, ऑटो, ऑटो पार्ट्स और मेटल सेक्टर्स को इस टैरिफ से छूट दी गई है। भारत से अमेरिका…
IT secretary S Krishnan said the ban on money gaming doesn’t mean doom and gloom for the sector, with ample growth opportunities existing in the social games and e-sports categories. In an interview with TOI, Krishnan denied that companies were not given sufficient opportunities to provide their views, adding that action against money games was…
India’s leather industry, a vital labour-intensive sector with exports worth $4.1 billion, has been hit hard by US President Donald Trump’s decision to impose a 25% tariff on imports from India. The move, coupled with an additional 25% tariff on Russian oil purchases from 27 August 2025, is expected to deepen the crisis exporters are…
The finance ministry on Wednesday held a meeting with the heads of public sector banks (PSBs) to review their financial performance in the first quarter of FY26. The three-hour session was chaired by Financial Services Secretary M Nagaraju.According to PTI report citing sources, the secretary urged the MDs and CEOs of state-owned banks to step…
Union Minister Nitin Gadkari on Tuesday said the government’s aim is to make India’s automobile industry the number one in the world within the next five years.Launching a report prepared by The Express Industry Council of India (EICI) and KPMG, Gadkari said the outlook for the express industry is also promising.“The size of Indian automobile…
India-based corporates have limited direct exposure to US tariffs, but sectors such as pharmaceuticals that are currently unaffected could face risks if Washington announces further measures, Fitch Ratings has cautioned.The US has imposed a 25% “reciprocal” tariff on Indian goods from August 7, 2025, and an additional 25% levy will take effect on August 27,…
Software services companies are set to adopt a cautious yet strategic approach to hiring in the second half of FY25, with recruitment specialists projecting 3–5 per cent growth compared to the first half. The focus will be on skilled freshers and junior-level positions, given lower costs and higher learning potential.“Hiring may remain muted in H2…
The June quarter turned out to be a muted one for India’s leading paint makers, as the early arrival of the monsoon and aggressive pricing by new entrants ate into their growth. Asian Paints, Berger Paints, Kansai Nerolac Paints and Akzo Nobel India all reported subdued numbers, though sequential improvement was visible in urban markets…
Pradhan Mantri Viksit Bharat Rojgar Yojana: PM Modi unveils job scheme on I-Day; 3.5 cr youth to get employment opportunities NEW DELHI: PM Narendra Modi on Friday announced the launch of the Rs 1 lakh crore employment scheme aimed at supporting the creation of 3.5 crore jobs in the private sector over the next two…