Business News

Business

India's Current Account Deficit Shows Improvement, Drops to 1.2% of GDP

India's current account deficit narrowed to 1.2% of GDP in Q2 FY25, showing resilience against a widening trade deficit, thanks to robust services exports and remittance inflows.

Business

How FMCG Giants Are Leveraging Premium Trends to Combat Urban Demand Slump

FMCG companies are focusing on premiumisation to navigate through the urban demand slump, with a full recovery not expected until mid-2025. Despite challenges, the shift towards hi...

Business

Hong Kong to Taipei Tops as 2024's Most Crowded International Airline Path

In 2024, the Hong Kong to Taipei route was named the busiest international airline path by OAG, with 6.8 million seats, marking a significant recovery and growth in the Asia Pacifi...

Business

JSW Energy's Billion-Dollar Leap: Acquiring O2 Power for a Greener Future

JSW Energy announces a $1.4 billion deal to acquire O2 Power, aiming for a 20 GW capacity by 2030. This strategic move enhances JSW's renewable energy portfolio, marking a signific...

Business

IndiGo Expands Its Wings: New Daily Flights from Chennai to Penang Unveiled

IndiGo launches new daily direct flights from Chennai to Penang, expanding its international network to 37 destinations. The airline also introduces Puducherry as its 89th domestic...

Business

Malaysia Aviation Group Soars into the Future with Its First A330neo Aircraft

Malaysia Aviation Group (MAG) has taken a significant step towards fleet modernization with the arrival of its first A330neo aircraft. The event, attended by key figures, marks MAG...

Business

Exclusive: Bill Gates Seeks Strategic Meeting with President-elect Trump at Mar-a-Lago

Bill Gates has requested a meeting with President-elect Donald Trump at Mar-a-Lago, joining a list of tech industry leaders meeting Trump to pledge support and donations ahead of h...

Business

Safety Lapses Unveiled: DGCA Suspends Akasa's Top Pilots Over Training Violations

Following a DGCA audit, Akasa Air faces suspensions of two senior pilots due to safety lapses in RNP training, highlighting the importance of compliance and safety in aviation.