India's manufacturing growth eases in August, stays above long-run average

India's Manufacturing Sector Maintains Resilience Amid Slowdown

India's manufacturing sector growth has slowed, but remains above the long-run average, according to HSBC India's PMI data. The sector's resilience and strategic planning are crucial to India's $10-trillion ambition, with focus areas including semiconductors, electronics, electric vehicles, renewable energy, and defence. Sep 2, 2024
Air India introduces new Airbus A350 aircraft on Delhi-London Heathrow route

Air India Elevates Delhi-London Route with New Airbus A350-900

Air India, owned by the Tata Group, has made a significant stride in Indian aviation by introducing the new Airbus A350-900 aircraft on the Delhi-London Heathrow route. This twice-daily service is the first deployment of the 'new Air India' experience on long-haul flights, representing a significant milestone in the airline's transformation program. Sep 2, 2024
Unified Payments Interface (UPI)

UPI Transactions Skyrocket, India Leads in Digital Payments

India's digital economy has witnessed a significant milestone with the National Payments Corporation of India (NPCI) reporting a record-breaking surge in Unified Payments Interface (UPI) transactions in August. The data revealed a 41% year-on-year growth, with UPI transactions reaching an all-time high of 14.96 billion. Sep 1, 2024
Centre notifies new Telecommunications Act provisions, focuses on spectrum utilisation

India's Telecommunications Landscape Undergoes Major Shift

India's new Telecommunications Act, 2023, replaces old laws, addressing advancements in the telecom sector. The Act allows government control of telecom services in emergencies, raising concerns about potential misuse of power. Aug 31, 2024