‘Indian aviation may lose Rs 18,000 cr this fiscal, up from Rs 5600 in FY25:’ ICRA

NEW DELHI: Credit rating agency ICRA has projected a sharp rise in India aviation industry’s losses to Rs 17,000-18,000 crore in FY2026, compared to Rs 5,600 crore in FY2025, due to multiple factors like slowing domestic traffic growth, increase in jet fuel prices and the depreciating rupee. Additionally, 133 aircraft of Indian carriers — representing…

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Consumer spending impact: US economy clocks 4.4% growth in Q3; fastest pace in two years

Strong consumer spending lifted the US economy to its fastest growth rate in two years in the July–September quarter, even as job creation remained subdued and concerns over the cost of living persisted.America’s gross domestic product expanded at an annual rate of 4.4% in the third quarter, a slight upward revision from the earlier estimate…

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63SATS bets big on mobile cybersecurity with insurance net in India | India News

With traditional security models unable to control AI-powered cyberattacks, 63SATS Cybertech, part of 63 moons technologies, has built a software platform for smartphone users along with an embedded comprehensive insurance to achieve cybersecurity and a financial safety net across India.The cybersecurity services firm merged software security and cyber insurance in to one active digital defense…

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India-EU trade: GSP suspension raises tariffs on 87% of exports; here’s what GTRI report says

India’s exports to the European Union is facing higher import tariffs from January 1, 2026, after the EU suspended Generalised Scheme of Preferences (GSP) benefits for 87% of Indian goods, according to a report by trade policy think tank, Global Trade Research Initiative (GTRI).The move means that a large share of Indian exports will now…

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Evening news wrap: 10 Army personnel killed as vehicle plunges into gorge in J&K; two more builders arrested over Noida techie’s death & more | India News

– In Jammu and Kashmir’s Doda district, 10 Army personnel were killed and 11 injured after their vehicle skidded off the Bhaderwah-Chamba road into a 200-foot-deep gorge. Noida police arrested two more builders were arrested over the death of 27-year-old software engineer Yuvraj Mehta, whose SUV fell into an unbarricaded construction pit, bringing the total…

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Delhi-NCR air pollution: GRAP Stage-III curbs revoked; quality likely to stay moderate to poor | India News

The Commission for Air Quality Management (CAQM) on Thursday revoked Stage-III restrictions under the Graded Response Action Plan (GRAP) in Delhi-NCR after a sustained improvement in air quality, with the city’s Air Quality Index (AQI) moving out of the ‘severe’ zone.In an order issued by the CAQM, it said Delhi’s AQI stood at 322 on…

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