Business

Indian aviation set to grow by 10% by FY2026, but financial losses likely to persist: ICRA report – Times of India

Indian aviation set to grow by 10% by FY2026, but financial losses likely to persist: ICRA report – Times of India

India’s aviation sector is projected to continue growing in FY2026, with domestic air passenger traffic expected to rise by 7–10% year-on-year, reaching between 175 and 181 million passengers, according to a report by ICRA. This projection follows a 7.6% increase in FY2025, when domestic traffic touched 165.4 million, marking a strong recovery at 16.8% above pre-pandemic levels recorded in FY2020.However, …

Read More »

Fear looms: Will Donald Trump name US Fed chair Powell’s successor soon? Here’s why markets are wary of ‘shadow chair’ signal – Times of India

Fear looms: Will Donald Trump name US Fed chair Powell’s successor soon? Here’s why markets are wary of ‘shadow chair’ signal – Times of India

US President Donald Trump has said he will soon announce a successor to Federal Reserve Chair Jerome Powell, nearly a year before Powell’s term ends in May 2026 — a move investors warn could destabilise markets if it raises questions about Fed independence.Trump, who reappointed Powell in 2018, has repeatedly criticised the central bank for not cutting interest rates this …

Read More »

‘Make in India’ export push! PM Modi flags off first state-of-the-art locomotive for Guinea from Bihar’s Marhowra plant – check top features – Times of India

‘Make in India’ export push! PM Modi flags off first state-of-the-art locomotive for Guinea from Bihar’s Marhowra plant – check top features – Times of India

Diesel locomotive from the Marhowrah Diesel Locomotive Factory in Bihar (Image credits: Railways) Prime Minister Narendra Modi on Friday flagged off the first ‘Make in India’ for export diesel locomotive from the Marhowrah Diesel Locomotive Factory in Bihar, marking a significant milestone in India’s rail manufacturing and export capabilities.Developed under the ‘Make in India’ initiative in partnership with Wabtec, the …

Read More »

‘Dismal’ month for supermarkets pushes down retail sales

‘Dismal’ month for supermarkets pushes down retail sales

Getty Images UK retail sales fell sharply last month after “dismal” sales at supermarkets, official figures show. Sales volumes were estimated to have fallen by 2.7% in May, the biggest monthly fall since December 2023, according to the Office for National Statistics (ONS). It said there were signs that alcohol and tobacco sales were lower after customers chose to make …

Read More »

‘Violation of standard airworthiness…’: Days before Air India crash, DGCA warned airline of breaching safety rules on Airbus aircraft: Report – Times of India

‘Violation of standard airworthiness…’: Days before Air India crash, DGCA warned airline of breaching safety rules on Airbus aircraft: Report – Times of India

The regulator noted that Air India “failed to submit timely compliance responses” to identified deficiencies. (Ai image) The Directorate General of Civil Aviation had issued a warning to Air India regarding safety protocol violations, as three of the airline’s Airbus aircraft continued operations despite pending inspections of emergency systems. The regulatory body also criticised the airline’s delayed response in addressing …

Read More »

Pavel Durov: Telegram founder says he has fathered more than 100 children

Pavel Durov: Telegram founder says he has fathered more than 100 children

Peter Hoskins Business reporter, BBC News Pavel Durov/Instagram The multi-billionaire founder of instant messaging app Telegram, Pavel Durov, says he has fathered more than 100 children. “The clinic, where I started donating sperm 15 years ago to help a friend, told me that more than 100 babies had been conceived this way in 12 countries,” Mr Durov told French political …

Read More »

Top stocks to buy today: Stock recommendations for June 20, 2025 – check list – Times of India

Top stocks to buy today: Stock recommendations for June 20, 2025 – check list – Times of India

Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, Paras Defence and Space Technologies, and Thirumalai Chemicals are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for June 20, 2025:Index View: NIFTYInvestor sentiment remains fragile amid intensifying geopolitical tensions in the Middle East, which …

Read More »

Mytaros to succeed Kataria as Bata CEO – Times of India

Mytaros to succeed Kataria as Bata CEO – Times of India

The Bata group has announced the appointment of Panos Mytaros as its new global CEO, effective Sept 15, 2025. Mytaros will succeed Sandeep Kataria, who led the group since 2020. Mytaros brings over 30 years of global experience. TNN Stay informed with the latest business news, updates on bank holidays and public holidays. AI Masterclass for Students. Upskill Young Ones …

Read More »

Weather forecasts: The tech giants use AI but is it any good?

Weather forecasts: The tech giants use AI but is it any good?

Accurate weather forecasts are not just vital for planning our daily lives but knowing about upcoming severe weather can help us to change our behaviour, save lives and mitigate damage to property. It is impossible to assess the full economic value of weather forecasts globally, but the numbers are huge. According to NOAA (National Oceanic and Atmospheric Administration), in the …

Read More »

Labubu: How the Pop Mart dolls conquered the world

Labubu: How the Pop Mart dolls conquered the world

Adam Hancock Business reporter, BBC News Xia Yu/VCG via Getty Images Whether you reckon they are cute, ugly or just plain weird, chances are you have heard of the furry dolls that have become a global sensation – Labubu. Born a monster, the elf-like creature from Chinese toy maker Pop Mart is now a viral purchase. And it has no …

Read More »