The disruptions at InterGlobe Aviation Limited (IndiGo) are "credit negative", said global credit rating agency, Moody's, adding that the airlines could face significant financial damage from loss of revenue because of flight cancellations, refunds and other compensation to affected customer
The consumer staples companies in the country saw stable demand trends during the July to September quarter (2QFY26), though overall performance was affected by the GST transition and extended monsoon season, according to a report by Motilal Oswal Financial Services.
The Delhi-Indore Air India flight that returned to Delhi shortly after take-off after a fire indication on Sunday had initially issued a MAYDAY call to the air traffic control, but later downgraded it to PAN-PAN to indicate urgency rather than an emergency, an Air India spokesperson said.
According to the report, the discretionary universe is expected to face a tailwind from new age businesses, which are expected to grow at a 49 per cent YoY rate, while a slow growth rate from paint companies can offer headwinds to this universe.
In 1997, South Africa cut official diplomatic ties with Taiwan and acknowledged Beijing as China's legitimate government. However, for the last thirty years, it has maintained unofficial relations with Taipei as well as a trading partnership, as indicated by RFA.
The prolonged phase of earnings downgrades in the Indian financial sector could come to an end by the first half of the financial year 2025-26 (1HFY26), says a report by Goldman Sachs.
The State Bank of India (SBI) has revised its forecast for India's GDP growth in FY25 to 6.3 per cent, slightly lower than the National Statistical Office's (NSO) estimate of 6.4 per cent.
Congress MP Manickam Tagore on Saturday accused Prime Minister Narendra Modi of getting "personal" while speaking in the Parliament, saying that he usually "downgrades" the standard of debate.
The Cereal Supply and Demand Brief, issued by FAO Friday, attributed its raised projections to a better harvest outlook for maize in Argentina and Brazil as well as Turkiye and Ukraine, which will offset downgrades to the outlook for Indonesia, Pakistan and several Southern African countries