Category: Business

Air India Ltd. firmed up an order for additional 30 Boeing Co. 737 Max aircraft in an aggressive fleet expansion as air travel demand surges in the world’s most-populous country. The order — announced at the Hyderabad airshow — for 20 Boeing 737-8 and 10 Boeing 737-10s confirms options placed in 2023 taking the total…

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The Economic Survey on Thursday flagged the lack of live event venues and restrictions on foreign payments as impediments to the growth of the concert economy and suggested opening up heritage monuments to boost the sector. The Survey, tabled by Finance Minister Nirmala Sitharaman in Parliament, said that with appropriate facilitation, the concert economy can…

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India’s Chief Economic Adviser V Anantha Nageswaran has flagged rising concerns around excessive social media use, especially among children, and suggested that the government consider regulatory curbs to address what he described as the “mixed blessing” of cheap data. Presenting the Economic Survey 2026, Nageswaran said compulsive scrolling is increasingly being linked to anxiety and…

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Private carrier Air India on Thursday said it will convert 15 of its current order of 210 Airbus A321neo aircraft to the advanced A321XLR (extra long range) variant. These 15 A321XLRs are expected to be delivered to the airline between 2029 and 2030, Air India said. The decision to tweak the order was announced on…

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The Indian equity market is expected to remain volatile in run-up to the Union Budget on Sunday, analysts said on Thursday, after the frontline indices swung between red and green to finally settle with gains. “The index extended gains for a third consecutive session, forming a bullish candle with a higher high—signalling a continuation of…

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India classified coking coal as a critical mineral, a decision aimed at accelerating exploration and boosting supply, aiding the steel industry. The measure should spur mining by removing regulatory barriers including mandatory public consultations, the government said in a statement. It will also permit the use of degraded forest land for “compensatory afforestation,” the practice of…

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Domestic commercial vehicle industry sales are expected to cross the peak level of financial year 2019 this ongoing fiscal year with robust demand continuing post-GST rate cuts, aided by the government’s push for infrastructure projects, Tata Motors Ltd MD & CEO Grish Wagh said on Thursday. Yet, fuel prices and regulatory interventions could have an…

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Samsonite’s luggage factory in Nashik emerged as the firm’s largest production facility in the world by volume, surpassing its European counterparts, as per a case study in the Economic Survey 2025-26, which discussed the importance of industrial clusters in boosting productivity. “Industrial clusters create advantages by bringing firms, suppliers, workers, and logistics together in dense…

Read More “How Samsonite’s Nashik Plant Beat European Units In Volumes — Lesson From Economic Survey 2026” »