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Aviation sector outlook: 2020 and Beyond

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Global Aviation Industry: Current scenario On a global scale, passenger air travel was expected to maintain positive growth rates in 2020, despite a number of challenges faced by the industry: airlines around the world...

India-Myanmar finalises key shipping agreement, aims at operationalising Sittwe Port by Q1 of 21

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India and Myanmar, on Monday, agreed to work towards operationalising the Sittwe port in the first quarter of 2021. “They agreed to work towards operationalisation of Sittwe Port in the Rakhine State in the...

Reliance to buy Future Group’s retail, wholesale, logistic biz in a Rs 24,713 cr...

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Billionaire Mukesh Ambani-owned India’s largest retail chain, Reliance Retail Ventures Limited (RRVL) has reached an agreement with Future Group to acquire the latter’s retail and wholesale business as well as its logistics and warehousing business for Rs...

The financial blow to airline industry could hit $250 billion in 2020

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As the trade association for the world's airlines updated its impact assessment estimate of 2020 revenue losses from the coronavirus crisis to more than $250 billion, global airlines urged governments on Tuesday to speed-up bailouts to rescue...

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India’s trade loss due to COVID-19 estimated around US$348 million: UNCTAD

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The disruption in China has impacted the Indian manufacturing sector greatly, especially the automobile, pharmaceuticals, chemicals, and electronics industries as well as micro, small, and...

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