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Is Indian aviation headed for a duopoly? | Mint Explains | Mint
IndiGo, India's largest airline, has made history with a record-breaking order of 500 planes, following Air India's recent deal for 470 aircraft. This massive expansion signifies the remarkable growth story of the Indian aviation market, with increased capacity expected to enhance connectivity domestically and internationally. As IndiGo and Air India dominate the industry, experts foresee a duopoly forming. The bullish outlook on India's economy, under-penetrated market, and rising passenger numbers further fuel airlines' confidence. Witness the extraordinary transformation and progress of Indian aviation through this groundbreaking aircraft order.
5 Jul 2023Foxconn to Construct an AirPods Factory in India | Mint Primer | Mint
Foxconn, the Taiwanese contract manufacturer, has been awarded a contract to produce Apple's AirPods and reportedly intends to construct a factory in India specifically for the manufacturing of these wireless earphones. Under this deal, Foxconn, which is responsible for assembling approximately 70% of all iPhones, will now also become a supplier of AirPods, marking the first time it will produce these products. . Let us take a closer look at this development and the impact it will have on the Airpods market.
20 Mar 2023Govt to setup 100 5G labs and 3 centres for AI | Mint Primer | Mint
Finance Minister Nirmala Sitharama in the Union Budget 2023 made some major announcements during her one-hour speech
19 Feb 2023Number of airports gone up 100% in India: Scindia
Civil Aviation Minister Jyotiraditya Scindia was addressing the inaugural ceremony of a daily flight between Bhubaneswar and Rourkela under the RCS UDAN scheme.
1 min read8 Jan 2023Airports Authority of India pitches for adding its airports for foreign flights
AAI official said that many of its airports have enough capacity to handle more passengers and airlinesAAI manages 125 airports, which include 18 international airports, seven customs airports, 78 domestic airports and 26 civil enclaves at defence airfields
1 min read2 Jun 2019Mumbai airport runway repairs to be completed by 30 March
Mumbai airport saw a partial shutdown for repair work on the runway intersectionThe repair work at the Mumbai airport runway led to a closure during peak hours
2 min read29 Mar 2019New Delhi airport named India's best, followed by Mumbai, Hyderabad, Bengaluru
New Delhi's Indira Gandhi International (IGI) Airport is India's best but ranks 59th globallyAirports in Mumbai, Hyderabad and Bengaluru also featured in the list of world's best airports
1 min read28 Mar 2019Opinion | IndiGo’s move reflects headwinds industry faces
Airlines and the government have to work together to achieve India's dream of a billion passenger trips a year in 15-20 years
4 min read28 Nov 2018Category 3 AIFs see steady growth amid volatility in markets
At least 24 public market-focused alternative investment funds (AIFs) have been registered in 2018
3 min read6 Nov 2018Why India ranks among the top 3 countries in AI skills
In 2017, the number of LinkedIn members adding AI skills to their profiles increased 190% from 2015
3 min read18 Sep 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared