The rating agency asserted that the improvement would be driven by Indian airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.
Warren Buffett, renowned investor and Chairman of Berkshire Hathaway, shared his concerns about the potential impact of generative AI (Artificial Intelligence) during the company's annual meeting.
The Emirate of Ajman witnessed a 7 per cent increase in total tourism revenue in the first quarter of 2024, driven by a 3 per cent rise in occupancy rates and a 9% growth in visitor numbers compared to the same period in 2023.
The startup funding in India has registered a decline of 17 per cent in FY 24 as compared to the previous year. In 2021, investment professionals were getting on average six deals daily but in 2024, it has declined to three.
The net profit for the same period stood at Rs 2,488 crores, reflecting a 20 per cent increase compared to the fourth quarter of FY23. The net profit margins for Q4 FY24 stood at an impressive 49 per cent.
Thrissur (Kerala)/ Mumbai (Maharashtra) [India], May 3: South Indian Bank declared net profit of Rs 1,070.08 Cr. for the FY 23-24 registering a growth of 38.06% compared to Rs 775.09 Cr. in FY 22-23.
BJD leader VK Pandian, who is a close aide of Odisha Chief Minister Naveen Patnaik, has expressed confidence that his party will sweep the assembly polls in the state and get more seats compared to the 2019 Lok Sabha elections.
According to a press release by the Ministry of Coal, during April 2024, Coal India Limited (CIL), the state-owned coal mining company, achieved a coal production of 61.78 MT (Provisional), marking a growth of 7.31 per cent compared to the same period last year when it produced 57.57 MT.
The auto sale number for April 2024, shows that the overall sale of passenger vehicle has declined as compared to March, except Mahindra who have shown a marginal growth of 3 per cent.
Ahead of the fixture in the Indian Premier League (IPL) 2024 against Punjab Kings (PBKS) on Wedneday, Chennai Super Kings (CSK) batter Shivam Dube has said there is no comparison between him and former India all-rounder Yuvraj Singh although they have same playing style
Total demand, gauged in cargo tonne-kilometres (CTKs), surged by 10.3 percent compared to March 2023 levels (11.4 percent for international operations), marking the fourth consecutive month of double-digit year-on-year growth.