Aviation expansion: Akasa Air eyes Kenya, Egypt, East Africa routes; upbeat on Boeing delivery schedule, says CEO

[ad_1] Akasa Air is evaluating new routes to Kenya, Ethiopia, Egypt and other international destinations as part of its next phase of overseas expansion, CEO and founder Vinay Dube said. The three-year-old airline, which has grown steadily since its launch, now feels “very good” about its Boeing aircraft delivery schedule.“Our aircraft are capable of hitting…

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US tariffs hit India’s export engine: GTRI report shows 37.5% slump across key sectors; smartphones, pharma, gems among worst hit

[ad_1] India’s exports to the US plunged 37.5% between May and September 2025 as sweeping tariff hikes by the Trump administration squeezed margins across major sectors, according to a report by India-based trade think tank Global Trade Research Initiative (GTRI), ANI reported.The US, India’s largest export market, saw shipments fall from $8.8 billion to $5.5…

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FDI policy rejig: Centre seeks views on allowing inventory-based e-commerce for exports; DGFT, DPIIT examining proposal

[ad_1] The Commerce and Industry Ministry has circulated a proposal seeking comments from various central government departments on allowing foreign direct investment (FDI) in the inventory-based model of e-commerce, but only for export activities, PTI reported citing an official.The proposal, initiated by the Directorate General of Foreign Trade (DGFT), aims to boost India’s exports through…

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McSwadeshi? McDonald’s serves millet bun burger; Centre hails move, calls it ‘vindication’

[ad_1] NEW DELHI: As international fast food chain McDonald’s launched its millet bun burger, the Central government called it a “vindication” of Prime Minister Narendra Modi’s “Millet movement” where he promoted it as “superfood”.“‘Videshi turns to Swadeshi’ as the popular international food chain McDonald’s serves India’s “Millet Bun Burger”, prepared using indigenous technology developed by…

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Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon

[ad_1] The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer (BOT) model, a senior official said.Road Transport and Highways Secretary V Umashankar said the ministry has revised the BOT document to…

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FY26 fiscal targets: Meeting estimates might be difficult; UBI report flags weak tax growth

[ad_1] India’s goal of meeting its full-year financial targets for FY26 may prove difficult, with a new report from Union Bank of India flagging slower-than-expected growth in corporate and income tax collections. The bank’s report points out that the Centre’s fiscal strategy for FY26 relies heavily on strong tax revenues, even as capital expenditure continues…

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Stock market outlook: Q2 results, macro data in focus; global trends and FII flows to guide investors’ sentiment this week

[ad_1] Quarterly earnings, a slew of macroeconomic data releases, and global market trends are set to drive Indian equities in a holiday-shortened week, analysts said. The domestic stock markets will remain closed on Wednesday for the Guru Nanak Gurpurab holiday.“The holiday-shortened week is expected to remain eventful, with multiple key data releases and major corporate…

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India’s fuel demand: Festive season fuels petrol sales; diesel sees marginal drop in October

[ad_1] India recorded divergent fuel demand patterns in October, with petrol sales touching their strongest level in five months while diesel usage showed no festive lift, according to preliminary industry data, cited by PTI.The beginning of the festival travel period pushed petrol consumption to 3.65 million tonnes during the month. This is a 7% increase…

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Indian Railways October dashboard: Freight loading climbs 2.3% year-on-year; highest-ever monthly freight earnings recorded

[ad_1] Indian Railways ended October on a strong note, reporting its highest monthly freight revenue to date. The national transporter generated Rs 14,216.4 crore in freight earnings for the month, supported by a rise in cargo volumes and a wider mix of commodities being transported, according to ET.Freight loading in October reached 133.9 million tonnes…

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