BUSINESS
Bangladesh Drops Sheikh Mujibur Rahman's Image from Currency Notes
This comes close to a year after his daughter, former Prime Minister Sheikh Hasina, departed office and left the country in questionable circumstances.
IndiGo Plans Direct Flights to London, Athens, and 8 More International Destinations This Fiscal, Says CEO Elbers
During a briefing in New Delhi, IndiGo CEO Pieter Elbers cited the immense opportunity in India's aviation industry, fueled by growth in passenger demand and continued infrastructure building. He forecasted that passenger figures would double from 2025 to 2030, boosted by this robust expansion and increased capacity.
India’s Forex Reserves Jump $6.99 Billion, Surpass $692.7 Billion Mark
Foreign currency assets, which account for a large component of these reserves, increased by $4.52 billion to $586.17 billion, the figures showed.
Robust Economic Performance: India Maintains Top Spot Among Major Economies with 6.5% FY25 Growth
In nominal terms, GDP growth was 9.8%, making India one of the fastest-growing major economies in the world, stated Hemant Jain, President, PHD Chamber of Commerce and Industry (PHDCCI).
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.
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