DGCA move likely to spark interest in air taxi pilot training
Aspiring air taxi pilots in India may soon begin their training as the Directorate General of Civil Aviation (DGCA) is set to unveil licensing guidelines for electric vertical take-off and landing (eVTOL) aircraft, a senior official told businessline. In aviation parlance, advanced air mobility vehicles, or air taxis, refer to a
L&T academy churns out tunnelling workforce
At Larsen & Toubro’s Tunnelling Excellence Academy (TEA) in Kancheepuram, Sekar (name changed), wearing goggles and a helmet, keenly observes his instructor describing the working of the massive tunnel boring machines (TBMs) used to drill underground metro rail corridors. He and the other trainees at the academy will soon join
Budget 2025: Mutual funds industry calls for tax breaks on debt schemes
Ahead of Union budget, the $800 billion mutual funds industry has urged the government to introduce a more favourable dispensation of taxation for debt mutual funds in India. This is a must if investors have to make right asset allocation and a proper retirement security is to be created for
Import monitoring intensified, exploring countervailing and anti-dumping duties: HD Kumaraswamy
India’s steel ministry has intensified monitoring of imports while there are talks of imposing countervailing and anti-dumping duties where necessary to protect domestic industry from Chinese offloading of the metal, including shipments routed through other FTA countries, HD Kumaraswamy, Union Minister for Steel and Heavy Industries told businessline. Donald Trump’s
Agtech emerging as a catalyst: Seeding India’s agricultural future
The face of Indian agriculture is changing. Beyond the traditional image of farmers toiling in the fields, a technological revolution is taking root. Agritech is transforming the sector, which employs 158 million people and contributes 18.3 per cent to India’s GDP (2022-23), offering new solutions to ensure food security for
Harnessing India’s seafood prowess: A blueprint for global seafood industry leadership
Leveraging on its raw materials abundance, technological prowess, and increasing soft power, India stands poised to evolve from being a bulk commodity supplier to a global leader brand. India presents a compelling paradox in the global seafood industry. Ranking among the world’s top five seafood exporters, India recently achieved an
CCPA imposes penalty on Vision IAS for misleading ad claim
The Central Consumer Protection Authority (CCPA) has imposed penalty of ₹3 lakh on Vision IAS for misleading ad claim regarding result of UPSC CSE 2020, as part of a wider crackdown. In an official statement, it said that the decision was taken to protect rights of consumers and ensure that
Posthumous Padma awards conferred on Osamu Suzuki, Bibek Debroy, Sushil Kumar Modi
On the eve of the country’s 76th Republic Day, the Centre announced the list of recipients for the Padma Awards 2025 comprising 7 Padma Vibhushan, 19 Padma Bhushan and 113 Padma Shri Awards. Padma Vibhushan awardees include Late Osamu Suzuki, former Chairman of Suzuki Motor Corporation; Duvvur Nageshwar Reddy from
India-Indonesia forge ties: AMFI and AMII ink landmark MoU in investment management
The Association of Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association, signed a Memorandum of Understanding (MoU) on Saturday to strengthen bilateral relations and enhance cooperation between the mutual fund industries of India and Indonesia. The MoU was signed and exchanged
India, Indonesia air connectivity gets a boost with a revised agreement
Indian travellers will have more flight options for Bali as India and Indonesia have revised their air service agreement. While Indonesian carriers will get access to Bengaluru and Hyderabad, Indian airlines will be able to increase flights to Denpasar (Bali), Jakarta or launch new destinations in the country, it is