Industry

“On the airport side, causes for slower operationalization include land unavailability and technical/operational constraints, which must be resolved before airlines can commence flights safely and reliably. On the airline side, it is well documented that non-availability of suitable aircraft, leasing constraints, and maintenance issues can delay or interrupt commencement, particularly for smaller aircraft types that…

The Centre is unlikely to intervene on behalf of Indian companies after the US imposed a countervailing duty of 126% on Indian solar module exports, said a top official, adding that manufacturers can take legal recourse and appeal at the appropriate forum. The US announced a preliminary countervailing duty (CVD) of 125.87% on imports of…

NEW DELHI: India’s road construction pace is likely to slow over the next two years as weak project awards shrink developers’ order books and weigh on execution, ratings agency Icra said on Wednesday. Road building by the road transport and highways ministry is projected at 9,500-10,000 km in FY26 and 9,000-9,500 km in FY27, down…

Mint earlier reported that five foreign freighters, including FedEx and a DHL-Lufthansa joint venture, are expected to start operations at Navi Mumbai International Airport (NMIA) from May. Apart from FedEx, Challenge Air, Aerologic (DHL-Lufthansa Cargo JV), Atlas Air, and Teleport will begin freighter flights. A freighter aircraft, also called a cargo plane, is an aircraft…

While industry leaders remain optimistic, a dearth of large AI deals and a $45-billion market cap loss in 2026 reflect deep uncertainty over how automation will reshape the sector’s traditional growth model. Source link

Hersh Desai, partner at Chitnis Desai, said the ruling could encourage patent holders to settle cases earlier. He said companies will now have to consider the risk that even an expired patent might later be cancelled, which could weaken or wipe out their claims for damages. He said, “Patent plaintiffs pressing damages/ accounts will have…

Under PMFME, launched in June 2020, expenditure is shared between the Centre and states in a 60:40 ratio, rising to 90% central funding for North-Eastern and Himalayan states. Since inception, more than 172,000 micro food processing units have been sanctioned with a total project cost of ₹16,000 crore, covering individual beneficiaries, FPOs, SHGs and producer…

For generations, the dream of every Indian family was built on a foundation of roti, kapda aur makaan, and owning a physical piece of land was an imperative. A home wasn’t just a place for shelter. It was also a symbol of financial security and social acceptance. As the Indian economy opened up in the…

Mint examines the financial fallout, potential regulatory action, and what the IDFC First Bank fraud means for depositor confidence. Source link

Kundan Shahi first built LegalPay, a startup that finances litigation, in late 2019, before stumbling upon a different kind of distress: consumer debt. As unsecured personal loans and ‘buy now, pay later’ credit spread, he began noticing a new kind of client in 2021—borrowers with loans stacked across multiple lenders, slipping into delinquency after covid-era…