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The Hindu Businessline

Economy / The Hindu Businessline

India aviation market exciting but high fuel costs remain a challenge: IATA chief

Willie Walsh praised Indias airport infrastructure and support measures, stressing that stronger air connectivity will drive future aviation and economic growth

9 Jun 2026 1:02 am
India willing to open market to high-quality, innovative pharma products: Goyal

He projected that Indias pharmaceutical market could grow to USD 120 billion within five years, up from about USD 60 billion currently

8 Jun 2026 10:12 pm
Current Account turns into surplus in Q4FY26

The current account surplus in the reporting quarter, however, is lower than the year ago periods 1.4%

8 Jun 2026 9:52 pm
India, US can finalise interim trade pact only after Section 301 investigations concluded, say officials

New Delhi wants Washington to commit that there will not be any additional tariffs after the pact was sealed

8 Jun 2026 9:22 pm
Runway closure plan at Srinagar Airport raises concerns among Kashmir businesses

According to an advisory issued by Srinagar Airport, the runway may remain unavailable every Monday and Tuesday from July 1 to September 30, 2026, as part of planned maintenance works by the Indian Air Force

8 Jun 2026 9:03 pm
India, MERCOSUR target expanded preferential trade pact by mid-2027

Terms of reference for negotiations to be finalised in two months, deal may be wrapped up within a year, says official

8 Jun 2026 9:01 pm
India expresses utmost concern over escalation in West Asia conflict

Warns that war disruptions were causing a debilitating impact on global economy, energy supplies

8 Jun 2026 9:01 pm
Three Air India A320 aircraft grounded after Delhi airport incident; DGCA launches probe

All the three aircraft are under assessment after impact with airport ground equipment impacted the parked planes during gusty winds

8 Jun 2026 9:00 pm
Indias cotton area may rise 15% this year, says trade

Early jump in Gujarat sowing, Cotton Corporation cuts price by 2,500 per candy to boost sales

8 Jun 2026 8:57 pm
Notification on V2V communication soon: Gadkari

The V2V communication allows vehicles to swap real-time safety data, serving as a vital global tool for accident prevention

8 Jun 2026 8:56 pm
Ashwini Vaishnaw rejects screwdriver technology tag for Indian manufacturing

The minister said the electronics sector has created 25 lakh jobs and helped India climb the global manufacturing value chain

8 Jun 2026 8:54 pm
Railways approves 448 crore traction upgrade for key South India routes

The projects involve converting the existing 1x25 kV systems to advanced 2x25 kV traction systems to improve power supply, enhance operational efficiency and increase rail capacity.

8 Jun 2026 8:52 pm
Rising fuel prices push US airline fuel bill to $6.5 billion in April

The average fuel price rose to $4.11 per gallon in April, an increase of $1.81 compared with the same month last year

8 Jun 2026 8:08 pm
Impact of Indias revised edible oil packaging order could be far wider: SEA

It is a consumer-first initiative that will help reduce confusion and strengthen trust across the edible oil value chain, says SEA President Sanjeev Asthana

8 Jun 2026 8:06 pm
Indian companies invest CAD 11 billion in Canada, create over 33,000 jobs

The findings come as India and Canada work toward concluding a Comprehensive Economic Partnership Agreement and aim to raise bilateral trade to USD 50 billion by 2030

8 Jun 2026 8:02 pm
US tariff shock drags Tiruppur knitwear exports down 5% in FY26

Exports from the countrys largest knitwear hub fell 4.92% to 42,544 crore in FY26, down from 44,747 crore the previous year, according to the Tiruppur Exporters Association

8 Jun 2026 7:22 pm
Coromandel launches Gromor Gram initiative in 101 villages across 12 states

The programme provides farmers with access to soil and leaf testing, crop advisory services, demonstration plots and agri-drone spraying

8 Jun 2026 7:22 pm
China urges India to view ties as partnership, not rivalry

Foreign Ministry spokesperson Lin Jian highlighted the stable border situation and urged both nations to handle ties with a long-term, strategic perspective

8 Jun 2026 7:17 pm
SpiceJet to induct three Airbus A320 aircraft

Airline also ungrounds a Boeing 737 MAX, says additional capacity will strengthen operations

8 Jun 2026 7:02 pm
India gets EU approval to export aquaculture products, eggs, honey beyond Sep

This is significant for the fisheries sector, as exports of fish and fishery products from India to the EU are currently valued at about $1.59 billion

8 Jun 2026 7:02 pm
Star Air says Embraer E190 aircraft induction on track

Star Air holds a scheduled commuter air transport permit and operates 35-40 flights daily connecting tier II and III cities within the country under the regional connectivity scheme

8 Jun 2026 6:42 pm
Agri-processing start-up Agrizy comes up with AI-based formulation studio for new product launches

The studio can help cut costs and time for bringing out new product, says co-founder and CEO Vickly Dodani

8 Jun 2026 6:02 pm
Indias current account surplus narrows to $7.1 billion in March quarter

The surplus was significantly lower than the $13.7 billion, or 1.4 per cent of GDP, recorded in the same quarter a year earlier, indicating a moderation in the countrys external balance position despite remaining in surplus

8 Jun 2026 6:02 pm
Kochi court allows ED access to SFIO documents in CMRL money laundering case

The case stems from an SFIO probe into alleged fictitious expenses and financial irregularities at CMRL

8 Jun 2026 5:59 pm
India remains a key long-term aviation growth market, says Star Alliance chief

He said Air India is well positioned to capitalise on these opportunities as it undergoes a major transformation under the Tata Group

8 Jun 2026 5:42 pm
Fadnavis approves 65 MahaRail projects, vows to make Maharashtra a railway level crossing-free state

The 65 projects are the first phase of 131 planned by MahaRail for Public Works and Urban Development roads

8 Jun 2026 5:29 pm
Coromandel International and Samunnati partner to strengthen agri-input access for FPOs

The MoU aims to enhance market access and improve high-quality agri-input availability by leveraging Samunnatis FPO network and Coromandels expertise in crop nutrition and protection

8 Jun 2026 5:02 pm
Western disturbance may bring early showers to Mumbai

IMD says monsoon continues to advance even as European agency signals at lack of moisture support over Konkan-Mumbai

8 Jun 2026 5:02 pm
Indias EV inventory falls to single digits as waiting periods loom, fuel-guzzling vehicle stocks rise

Dealers and automakers said the shift is simultaneously leading to rising inventories of higher-displacement petrol and diesel vehicles as buyers increasingly move away from fuel-guzzling models

8 Jun 2026 4:52 pm
FSC certification to widen market access for smallholder bamboo farmers

Industree Foundation secures FSC approval for growers in Karnataka

8 Jun 2026 4:32 pm
Private jet market defies Iran war gloom as rich flock to Monaco GP, Cannes

The world is in turmoil, but not our passengers, said Deniz Weissenborn, owner of Platoon Aviation, which charters eight-seat jets, noting that its wealthy clients can handle higher prices

8 Jun 2026 4:12 pm
SpiceJet plans to induct 3 Airbus A320 planes on damp lease in July

The company has finalised a lease agreement with the lessor for these three narrow-body planes, the airline said in a statement

8 Jun 2026 4:02 pm
India's EV penetration crosses 11% for first time as auto retail sales hit record in May

The cumulative automobile retail sales in India stood at 23,10,451 units in the same month last year

8 Jun 2026 3:42 pm
Kerala plans knowledge cluster to share research outputs in fisheries: Minister Gafoor

Proposed platform will bring together research institutions and agencies for collaborative solutions and sustainable fisheries management.

8 Jun 2026 3:42 pm
Indias defence manufacturing faces execution bottlenecks despite booming orders

While exports and domestic production hit record highs, clearing current backlogs could take up to a decade in some segments

8 Jun 2026 3:22 pm
Upcountry, export demand lifts tea prices in Coonoor auctions

Lower offerings in the auction platform due to intermittent rains also aided the uptrend

8 Jun 2026 3:22 pm
KUFOS launches blueprint for transforming Keralas fisheries and ocean studies sector

The university has positioned itself as a globally recognised centre of excellence in fisheries, ocean sciences and Blue Economy studies

8 Jun 2026 3:22 pm
IATA chief flags supply chain woes; tells aircraft engine makers stop gouging us

Airlines face higher fuel costs, with fleets that are less efficient than others because the aerospace supply chain has failed to deliver aircraft engines and products, Walsh said

8 Jun 2026 3:12 pm
3 Air India planes suffer damage due to sudden winds at IGI airport

The aircraft were parked in the hangar of Indira Gandhi International Airport in New Delhi

8 Jun 2026 2:02 pm
Private capex set to broaden in FY27 as rate cuts spur investment: BoB

Consumer durables, logistics, retail and capital goods likely to lead the next phase of the investment cycle.

8 Jun 2026 12:42 pm
IMF chief warns world isnt ready for shocks that are piling up

I am worried that we are not completely internalizing yet that this is how the world is going to be, International Monetary Fund Managing Director Kristalina Georgieva said.

8 Jun 2026 12:02 pm
Milk packets that return to soil in 2 years: NDDB Chairman on biodegradable packaging push

One of the advantages of this innovation is that it does not require a separate manufacturing setup. The same production lines that currently manufacture conventional LDPE milk packaging film can be used

8 Jun 2026 11:02 am
Odisha SHG exports Amrapali mangoes to London

Maa Kalijai groups 7.5 quintal consignment highlights growing success of farmer collectives in agri-exports under PSFPO project

8 Jun 2026 10:52 am
APSEZ enters South America, bags 10-year contract for Argentinas first LNG export project

The project will involve an investment commitment of about $70 million and will be executed through a joint venture between APSEZs arm Adani Harbour International FZCO and Meridian Group

8 Jun 2026 10:52 am
FY27 Disinvestment proceeds cross full FY25 collections in 2 months; Miscellaneous Capital Receipts exceeds 23% of BE

Minority stake sales in CPSEs and and asset monetisation drive a strong start to fiscal receipts

8 Jun 2026 10:42 am
Auto retail sales record all-time high for May month: FADA

The passenger vehicle segment saw the highest retail sales in May growing 23.25 per cent to 4,02,591 units as compared with 3,26,656 units in the corresponding month last year

8 Jun 2026 10:22 am
LPG price hike inevitable due to global crisis: Union Minister Pralhad Joshi

We also feel very sad and sorry about the hike in gas cylinder prices, but before criticising, everyone should understand the situation in the entire world, Joshi said

7 Jun 2026 9:51 pm
Indias dairy boom moves beyond metros as smaller cities drive demand

Industry executives attribute this shift to a combination of rising incomes, rapid urbanisation and a growing preference for branded, quality-assured dairy products

7 Jun 2026 8:01 pm
IATA cuts 2026 airline profit forecast amid rising fuel costs

The downgrade underscores airlines' exposure to geopolitical shocks and fuel volatility

7 Jun 2026 7:31 pm
Panic buying pushes urea and DAP sales to record levels in Maharashtra, Punjab, Haryana and Karnataka

Post-war supply shock demonstrates that rigid, digitized demand-side rationing breaks down under market anxiety, failing to insulate domestic agriculture when critical geopolitical corridors are compromised

7 Jun 2026 6:21 pm