business
Shutdown chaos: US air travel could ‘slow to a trickle’, says transport secretary; warns of massive holiday disruption
Transportation Secretary Sean Duffy warned that US air travel could slow to a trickle due to the ongoing government shutdown. Thousands of flights were already cancelled or delayed as air traffic controllers work without pay, leading to capacity cuts at airports.
Tech frontier: India’s deeptech market set to touch $30 bn by 2030; defence innovation, robotics to drive growth
India’s deeptech sector is projected to reach $30 billion by 2030, driven by significant defense innovation and global robotics adoption. The market has grown 2.5 times in five years, with defense deeptech and robotics fueling this expansion. India is emerging as a trusted, low-cost innovation hub outside China, particularly in robotics manufacturing where it holds…
Aviation upgrade: IndiGo to roll out evidence-based pilot training; aims to boost skills, safety and decision-making
India’s largest airline, IndiGo, is set to implement evidence-based training (EBT) for its pilots to enhance skills and decision-making. This evolution from its current Competency-Based Training and Assessment (CBTA) framework will leverage data analytics and AI. The airline aims to achieve full EBT compliance within 12 to 18 months, bolstering flight safety as its operations…
NCLT clears merger of Suzuki Motor Gujarat with Maruti Suzuki India
The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat with its parent company, Maruti Suzuki India Ltd, effective April 1, 2025. This consolidation aims to enhance operational efficiency, simplify group structure, and reduce administrative costs. All employees of Suzuki Motor Gujarat will transition to Maruti Suzuki India.
Stock market outlook for the week: Inflation, corporate earnings and more in focus; key factors to look out for
Indian markets brace for a crucial week, with investors keenly awaiting inflation figures and corporate earnings from giants like ONGC and Asian Paints. Global factors, including the US shutdown and trade talks, alongside foreign investor activity and currency movements, will also steer market direction. Last week saw a dip in major indices.
Market recap: Mcap of 7 of top-10 most valued firms erodes over Rs 88,600 cr; Airtel, TCS hit hardest
India’s top companies experienced a significant market valuation loss of Rs 88,635.28 crore in a shortened trading week, with Bharti Airtel and TCS leading the decline. Broader equity markets also mirrored this weak trend, with major indices falling. Despite the overall dip, LIC, SBI, and Bajaj Finance recorded gains.
Pakistan’s manufacturing sector slumps; experts warn of long-term industrial decay
Pakistan’s manufacturing sector faces a severe crisis, with private investment plummeting 46% in six years. Experts warn of industrial disintegration due to policy instability, high energy costs, and volatile currency. This decline threatens exports, jobs, and economic resilience, contrasting sharply with neighboring countries’ growth.
Uttarakhand infra boost: PM Modi unveils over Rs 8,000 cr projects in Dehradun; key initiatives in water, energy, sports & more
Uttarakhand celebrated its Silver Jubilee with Prime Minister Modi inaugurating development projects worth over Rs 8,140 crore. Key initiatives include water supply, energy, sports, and education, alongside a Rs 62 crore direct transfer to over 28,000 farmers. The PM also released a commemorative postal stamp, marking a significant milestone for the state.
