Airlines profitability to be eroded due to lower revenues, high fixed costs: ICRA

Sep 08, 2020

New Delhi [India], September 8 : Domestic air passenger traffic is likely to witness a de-growth of 41 to 46 per cent in the...

Aviation industry to report net loss of Rs 21,000 cr in FY21: ICRA

Dec 04, 2020

New Delhi [India], December 4 : The Indian aviation industry is expected to report a net loss of Rs 21,000 crore in the current...

USFDA moves to accelerate biosimilar development and lower drug costs

Oct 31, 2025

The U.S. Food and Drug Administration (FDA) has announced major steps to make it faster and less costly to develop biosimilar medicines, lower-cost "generic"...

Government's H2FY26 borrowing outlook shows focus on stability and lower costs: Report

Oct 01, 2025

The central government's latest borrowing outlook for the second half of current financial year (H2FY26) showed that while the government continues to borrow heavily...

Singtel earnings fall amid COVID-19 and additional Airtel charge

Aug 24, 2020

Singapore, August 24 : Last week, Southeast Asia's largest telco, Singtel, reported lower revenues and earnings for its first fiscal quarter of 2020.

High inflation and electricity costs hit Pakistan's textile industry

Feb 28, 2024

The textile industry in Pakistan's Karachi has been facing massive losses due to severe load shedding.