BUDGET
Economic Survey backs need for more private financing in infrastructure for growth
Economic Survey 2025: Buoyant public sector, investment has had a pivotal role in funding large-scale infrastructure projects in recent years, said the survey.
BUSINESS
L&T confident of meeting FY25 order inflow guidance, says CFO; prospective order pipeline fall to Rs 5.5 lakh crore
R Shankar Raman added that he does not expect any major tax related announcement as part of the Budget for 2025-26.
BUSINESS
L&T Q3 results: Net profit rises 14% to Rs 3,359 crore, but misses estimates as EBITDA margins fall
L&T's topline and bottomline line missed street expectations as its operating margins or Earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins contracted 70 basis points on year to 9.7%. The company's operating margins fell mainly due to a 50% jump in cost of raw materials and components consumed and a 16% rise in construction materials consumed seen during the quarter.
BUSINESS
Hotel industry has quite a few good reasons to cheer about in 2026
With high-profile events like the Aero Show and the World Audio-Visual & Entertainment Summit, both in Bengaluru, and the Maha Kumbh, the industry sees a promising year ahead. Also, premium room rates in India are still cheaper, compared to the rest of the world, say industry executives.
BUSINESS
MC Interview | Akasa Air to address pilots' flying-hour concerns by year-end: CEO Vinay Dube
Akasa Air is not looking at leasing planes now, says Dube. They come with a higher cost structure, and do not come with sale and lease-back gains, he explains. At this time, we are not pursuing the introduction of Wi-Fi, or a dual class configuration, he says.
BUSINESS
IndiGo plans to launch its third IndiGoStretch route on Delhi-Chennai route
Elbers also highlighted that IndiGo will launch flights to three more international destinations in the next few months to increase it international offering to 40 by the end of 2024-25.
BUSINESS
IndiGo Q3 results: InterGlobe net profit falls 18% to Rs 2,449 crore despite demand momentum continuing
IndiGo Q3 FY25 Results: India's largest airline carried 273.25 lakh passengers during Oct-Dec, with a market share of 63.8%. However high net profit in the base quarter due to festive season travel in the previous year weighed on the profit & loss report this quarter.
BUSINESS
December aviation data: IndiGo tops punctuality charts for second month as domestic air traffic rises 8.2%
Domestic air traffic rose to 14.93 million passengers in December, surpassing November's 14.25 million and October's 13.66 million, DGCA data showed.
BUSINESS
Davos 2025: Safety tops Indian railways' 2025-26 budget, says Railway Minister
Vaishnaw added that he met the Swiss Federal Railways (SBB) delegation and had a detailed discussion on safety technologies and maintenance practices.
BUSINESS
NHAI plans to further reduce debt by around Rs 20,000 crore by March-end
So far in 2024-25, a significant portion of MoRTH's capital expenditure has gone to help NHAI refinance its debt levels. The NHAI has used around Rs 40,000 crore of the highway ministry's budgetary allocation to repay loans.
BUSINESS
Road To Redemption: How are the faithful flocking to the Kumbh to wash away their sins
Around 400 private jets, 1,000 commercial flights, and 13,200 trains are expected to hit Prayagraj during the event, according to estimates from multiple government agencies.
BUSINESS
MC Exclusive: Govt likely to increase railway budget by 15-18% in FY26 to accelerate rollout of Vande Bharat, high-speed bullet trainsets
Faster capital expenditure spends seen in 2024-25 so far, coupled with the Indian Railways's plan to take increased deliveries of Vande Bharat trainsets and testing of high-speed rail trainsets in 2025 are the main triggers.
BUSINESS
Govt likely to hike highway budget by 5-6% in FY26 after subdued performance in FY25, so far
A combination of slower project execution, fall in project awarding and under utilisation of the funds allocated to the MoRTH coupled with the government looking to increase private capital expenditure in the highway sector is expected to led to a nominal hike in GBS to the ministry in the next financial year, multiple government officials said.
BUSINESS
Air India targets international long-haul market for growth with wide-body fleet expansion over 3-5 years
Air India has estimated that long-haul international flights bring in revenues of around $16 billion annually for Indian carriers, much more than revenues from short-haul international flights ($8 billion) and domestic passengers ($10 billion).
BUSINESS
New first-class cabins will outdo the comfort of private jets: Air India
Air India plans to introduce first-class cabins on its largest aircraft—the Airbus A350-1000 and Boeing 777X—which will be delivered with a new first-class product in the near future.
BUSINESS
Celebi Aviation bets on foreign carriers' expansion to grow its India ops; mulls $80 million investment
Murali Ramachandran, President of India & Southeast Asia at Celebi Aviation, said that in the next couple of years, he expects many international carriers to start or expand both passenger and freight operations in India, with the likes of Lion Air, Lufthansa, Cathay Pacific, and American Airlines expected to increase their presence.
BUSINESS
Bank lending to aviation sector fell 58% in 2024 on fall in new plane orders
Despite the lower borrowing seen in 2024 and the liquidation of two airlines in 2024, most bankers Moneycontrol spoke to were confident in the growth of the aviation industry, especially the growth of the country's two largest airlines, IndiGo and Air India.
BUSINESS
Falling rupee sends smaller Indian airlines into rough weather as lease rentals, vendor payments rise
The aviation industry is expected to report a net loss of Rs 20-30 billion in FY2025 and FY2026 each as nearly half of airline expenses, including aircraft leases and maintenance, are dollar-denominated, leaving carriers prone to currency fluctuations
BUSINESS
MC Explains: Bird hits & what the DGCA is doing to ensure flight safety
Among other things, the aviation regulator has asked officials to implement a habitat management programme to reduce the population of hazardous wildlife around airports.
BUSINESS
Indian carriers may fly into delivery shortfall in 2025 as Boeing battles production issues
Aircraft supplies are likely to taper off by 15-25 percent in 2025 as Boeing may deliver 20-30 fewer planes to Indian airlines next year
BUSINESS
Adani Group eyes large defence contracts through Air Works acquisition
The Adani Group has been keen on taking up defence maintenance and manufacturing contracts and the acquisition will help the company expand its presence in these markets.
BUSINESS
Hyderabad airport bullish on overseas expansion, aims to be the third largest in India
GMR Hyderabad International Airport Limited plans to launch flights to countries like the Netherlands, Ethiopia, Vietnam and Hong Kong in the next few months as part of its larger plan to surpass Bengaluru airport
TRAVEL
Goa @ Rs 1.1 lakh vs Bali @ Rs 1.2 lakh: Indians rush to spend year-end holidays abroad
Along with affordability, many tourism boards across nations are offering lucrative packages to Indian travellers. Foreign tourism groups have invested close to Rs 200 crore since the pandemic in advertising campaigns across India to attract Indian travellers
BUSINESS
Maldives loses out; Phuket, Bangkok top picks as travel bookings soar for Christmas, New Year
While international destinations are in demand, spiritual hotspots are also catching Indian travellers' attention. For every person choosing a leisure destination, six are preferring a spiritual destination, according to ixigo data.
