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Indian aviation industry sees a modest uptick in domestic passenger traffic for November

Aviation Industry sees incremental growth in November, faces engine woes: ICRA report

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Estimated passenger load factor for Nov 2023 stood at approximately 88% The aviation industry in India saw a modest uptick in domestic passenger traffic for...
Union Minister for Development of North-East Region (DoNER) G Kishan Reddy informed provided the data in response to a question in Rajya Sabha

8,381 weavers, artisans benefitted from North Eastern Handicrafts and Handlooms Development Corporation in last...

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Promotion of indigenous crafts of the North-Eastern Region A total of 8,381 weavers and artisans were benefitted from several initiatives undertaken by the North Eastern...
The gross value added (GVA) at the basic price in Q1FY23 is projected at 12.6 percent from 3.9 percent earlier

India’s GDP growth is projected to spike to 4-quarter high of 13.0% in Q1...

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ICRA expects growth in GVA of trade, hotels, transport, communication, and services related to broadcasting According to a report published by ICRA, GDP growth is...
As per ICRA, the trend will be supported by the resumption of international commercial operations and an increase in tariffs

Indian airports expected to become profitable in FY23, says rating agency ICRA

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After a gap of two years, Indian airports expected to become profitable in FY23 Post-pandemic the economic slowdown is slowly seeing an uprise. The Indian...
The ratings agency noted that increasing oil prices add to the fiscal burden for the country, but it is a positive for upstream oil companies

Oil price hike positive for upstream sector; losses to prolong for OMCs: ICRA

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Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...
GVA for the quarter is anticipated to rise by 20 foundation factors to 7.4 percent, the company stated in a report

ICRA’s revised ratings shows India’s Q2 GDP growth estimate upwards at 7.9%

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Rating agency ICRA revises India's Q2 FY 22 GDP growth to 7.9%, up by 20 pts Rating agency ICRA has estimated a rise in the...
India Post must redefine its role and embrace the future of commerce, ensuring goods, services, and opportunities reach every corner, especially underserved areas

Transforming ‘India Post’ into a rural e-commerce powerhouse

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A vision for economic growth In an era where e-commerce giants like Amazon and Flipkart dominate the digital retail landscape, the question arises: Can India...
The first day of the budget session witnessed a demonstration

Budget Session – I: PM Modi increasing Duree between Kashmiri Muslims and New Delhi,...

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First budget session after J&K's special status abrogation Day 1: The 40-day long budget session of the J&K Legislative Assembly with 22 sittings was started...
The power sector growth is fueled by ambitious renewable energy targets and the increasing shift towards cleaner energy sources

India’s power sector poised for robust growth with renewable energy push

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Energy demand in India to jump 35%, power capacity triple by 2035 India's power sector is on the brink of significant expansion as the country...
The think tank suggested increasing the GST exemption limit for a firm’s annual turnover from 40 lakh to 1.5 crore as this will be transformative for India’s MSME sector, promoting job creation and growth

Think tank GTRI urges reforms in customs duties, GST, commerce to push India’s inclusive...

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GTRI predicts economic growth surge from Customs, GST, and Commerce Reforms The economic think tank Global Trade Research Initiative (GTRI) in its report released on...

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