BUSINESS
Dassault Teams Up with Anil Ambani's Reliance to Manufacture Falcon 2000 Jets in India
The first India-made Falcon 2000 aircraft will be delivered by 2028, targeting domestic corporate customers as well as foreign markets, including possible military uses, Dassault said.
India’s Residential Property Sales Jump Nearly 77% Since FY2019: Report
The research shows that in FY 2025, primary market sales, which include newly launched or in-progress homes sold directly by developers, made up 57% of total residential transactions.
Centre Unveils ₹3,000 Annual FASTag Pass to Streamline Highway Travel for Car Owners
Designed specifically for non-commercial private vehicles like cars, jeeps, and vans, the annual pass will be valid for one year from the activation date or up to 200 highway trips—whichever occurs earlier.
DGCA Clears Air India’s Boeing 787 Fleet After Comprehensive Inspection
The aircraft and their maintenance systems complied with existing safety procedures, the aviation regulator said.
HSBC Labels India a Prime Investment Hub, Predicts Continued Lead as Fastest-Growing Major Economy
India's GDP is expected to grow at 6.2% this year, making it the world's fastest-growing large economy, the report forecasted.
India’s Goods and Services Exports Climb 2.8% in May, Surpassing $71 Billion Despite Global Uncertainty
This increase comes despite rising geopolitical tensions and the additional burden brought about by a trade war fueled by heightened US tariffs.
Global Headwinds Fail to Dim India’s Services Export Surge: FIEO
India's overall exports in May 2025, including goods and services, reflected a respectable 2.8% year-on-year growth, bucking the pressures of the global economy.
Chronic Therapies Propel 6.9% Growth in India’s Pharma Market for May
The domestic pharmaceutical companies grew by 6.6% year-on-year in the month, while multinational companies (MNCs) recorded a more robust growth rate of 8.4%.
India’s May Trade: Exports to US Surge ~17%, Imports Plunge ~6%
Exports to the US in the first two months of FY25 (April–May) were up 21.78% at USD 17.25 billion, with imports also growing 25.8% at USD 8.87 billion.
IndiGo Refutes Claims of 4% Stake Sale to Raise $1 Billion
Issuing an official statement, the company has referred to the reports as "speculative" and claimed that they were "lacking any factual foundation."
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