GoFirst plans to resume flights by 23 May with 23 aircraft and a scaled-back operation. The airline was using 27 aircraft as of 2 May. The airline and the Centre have also talked about when flights will return. Up until 15 May, Go First had formally stopped selling tickets. The airline was given a show-cause […]
Over 25 million wearable units were shipped in India in January-March 2023 quarter, registering a strong 80.9 per cent year-on-year growth, according to the International Data Corporation’s (IDC) India Monthly Wearable Device Tracker. However, data showed shipments remained flat quarter-on-quarter following a strong October-December 2022 quarter. Smartwatch (inclusive of basic and advanced) continues to be […]
Food inflation may soften in quarter one (Q1) of the financial year (FY) 2024 with upside risks seen, said the rating agency Icra in the monthly research compendium. It also said that second advance estimates (SAE) suggested a healthy year-on-year (YoY) rise in the output of rabi crops in FY2023 The SAE of crop production […]
Emkay Institutional Equities, a part of Emkay Global Financial Services, expects India will likely witness a sub-five per cent inflation in the early part of 2023, with an average rate of Consumer Price Index at 5.2 per cent for the entire calendar year. The RBI’s monetary policy actions, forecast of a normal monsoon this year, […]
Telco Reliance Jio has received the backing of telecom authority TRAI on its methodology of charging extra for spectrum bands in which airwaves are shared, instead of levying it on the entire spectrum by the company, as reported by Financial Express. Jio getting TRAI’s support is being seen as a big win for the company […]
The World Platinum Investment Council (WPIC) stated in a quarterly report on Wednesday that a worldwide platinum shortfall in 2023 will be worse than previously anticipated owing to high industrial demand, and that the shortage might last for years. The WPIC predicts that demand for platinum, which is also used in car exhausts and jewellery, […]
