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What are air taxis and how will they work in India? CII report explains | India News

NEW DELHI: A pilot air taxi corridor linking Gurugram, Connaught Place and Jewar International Airport could sharply reduce travel time in the National Capital Region, according to a new report by the Confederation of Indian Industry. The study says Advanced Air Mobility solutions, including Electric Vertical Take Off and Landing aircraft, could help India ease…

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Asian stocks today: Markets trade in green after Japan elections; Nikkei jumps over 2%, HSI up 160 points

Asian stocks inched higher on Tuesday, as Japanese equities rose after investors reacted to the emphatic election result that ushered in the country’s first female prime minister. Hong Kong’s HSI jumped 120 points or 0.45% to reach 27,147. South Korea’s Kospi also traded in green, up 5 points to 5,303 at 9:30 am IST. Nikkei…

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Coforge, Persistent outperform mid-tier peers amid slowdown

BENGALURU: Coforge and Persistent Systems continued to post double-digit revenue growth in the Dec quarter, standing out as several engineering-focused mid-tier IT companies saw growth taper or turn negative. Firms such as Tata Technologies, Cyient, LTTS and Tata Elxsi largely reported slower momentum, with revenue, margins and net profits showing signs of moderation. Coforge reported…

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India needs $22tn for net zero by 2070; coal use to rise till 2047: Niti Aayog | India News

NEW DELHI: At a time when India is working on its 2035 climate action targets, the govt’s think tank, Niti Aayog, on Monday released a roadmap to achieve the country’s ‘net zero’ emission goal by 2070, noting that the transition will need cumulative investment requirements of $22.7 trillion, around $500 billion annually, to finance several…

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US and Bangladesh strike new trade deal — key terms of the agreement

The United States and Bangladesh on Monday finalised the United States–Bangladesh Agreement on Reciprocal Trade, wrapping up negotiations as both countries stepped in to strengthen bilateral economic ties. Under the revised framework, Bangladeshi exports to the American market will attract a 19% tariff, marginally lower than the 20% imposed in August and significantly below the…

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