Maintenance woes, airspace curbs and lower passenger demand weighed on profitability, it said
Hotel rooms under ₹7,500 move to 5% slab, will bolster midscale segment
The GST Council's decision to retain the 5% tax rate on electric vehicles (EVs) reassures manufacturers, but competition from small petrol and diesel cars with lower taxes looms
GST on Premium Economy, Business, and First class air travel rises to 18%, while economy fares remain unchanged. IATA expresses disappointment, warning of negative effects on India's aviation sector
Airfares for Diwali week 2025 are up to 52 per cent higher year-on-year, with rupee weakness raising costs and aircraft shortages cutting flight capacity across routes
Suzuki is transferring more export production from Japan to India, as the role of the latter continues to increase in the company's global strategy
Domestic passenger vehicle sales dropped 7.3% in August to 330,000 units as buyers and automakers awaited GST Council reforms, with Maruti Suzuki and M&M reporting weaker volumes
This comes after Dream11 withdrew from its sponsorship following the government's ban on real-money gaming through the Promotion and Regulation of Online Gaming Act, 2025
India's airports now have capacity ahead of demand, with $11 bn investment, dual-airport hubs in Delhi & Mumbai, but concerns remain on airspace, parking bays and staffing gaps
On the domestic front, he said reducing GST on small cars could help counter the economic strain created by American tariffs
The approval comes despite the regulator's May 30 directive that IndiGo must return the aircraft by August 31
PM Modi launched Suzuki's e-Vitara at Hansalpur, stressing Swadeshi, reforms, and manufacturing push, while urging states to focus on ease of business and global investment
Maruti chairman says India's biggest roadblock to scaling up EVs is that no firm is producing battery cells in the country
Says that battery localisation remains a challenge
At the BS Infrastructure Summit, CEOs of Delhi and Noida airports said India's hub ambitions require smoother transfers, stronger bilateral agreements and collaborative industry efforts
Most of IndiGo's fleet today is on operating leases, where an aircraft is rented from a lessor for a fixed term and returned at the end of the lease
EICI CEO Vijay Kumar discusses the impact of the 25% tariff on Indian express exports to the US, noting small dips
Akasa Air completes $125 million fundraising, welcoming Premji Invest, 360 ONE Asset, and Claypond Capital, alongside the Jhunjhunwala family, to support its expansion and long-term growth
Their inclusion is vital for reducing carbon emissions, strengthening energy security, improving operational cost efficiency, and supporting small businesses
Pieter Elbers says India must simplify visas, improve ease of travel and revive campaigns to attract more foreign visitors