ICRA Maintains Stable Outlook for Indian Aviation as Domestic Traffic Sees Modest Growth and International Flyers Increase by 13-15%

Credit rating agency ICRA has maintained a stable outlook for India’s aviation sector, forecasting a modest rise in domestic air traffic alongside a robust 13-15% growth in international passengers. The projections come amid improving market conditions and gradual recovery from pandemic impacts. ICRA maintains a stable outlook for India’s aviation sector with modest domestic traffic…

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Debunking Myths About H-1B Visa Holders: The Vital Role of Foreign Workers in the US Economy

Recent discussions have challenged misconceptions surrounding H-1B visa holders, emphasizing that they are not cheap labor but essential contributors to the US economy. Experts highlight the significance of foreign skilled workers in driving innovation, filling talent gaps, and sustaining competitiveness in the global market. Debunking myths about H-1B visa holders: foreign skilled workers are vital…

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FMCG Sales Growth Slows in September Quarter Amid GST Changes Impacting Volumes

The fast-moving consumer goods (FMCG) sector experienced a slowdown in sales growth during the September quarter of 2025, primarily due to recent GST changes affecting product volumes. Despite the overall slowdown, rural markets continued to outperform urban areas, highlighting differing consumption patterns across regions. FMCG sector sales growth slowed in September quarter 2025 due to…

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India-US Trade Deal Nears Completion with Focus on Farmers, Fishermen, and Small Industries

India’s Commerce Minister Piyush Goyal has indicated that a fair trade agreement between India and the United States is imminent, promising benefits for farmers, fishermen, and small industries. The deal aims to strengthen bilateral trade relations while safeguarding key domestic sectors. India’s Commerce Minister Piyush Goyal signals imminent India-US trade deal focusing on farmers, fishermen,…

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Government to Introduce New Income Tax Forms by January 2025; CBDT Anticipates December Refund Surge Amid Stricter Checks

The government is set to notify new Income Tax Return (ITR) forms by January 2025 as part of updated tax filing regulations. The Central Board of Direct Taxes (CBDT) expects a significant increase in refund claims in December, alongside enhanced scrutiny for processing these refunds. Government to notify new Income Tax Return forms by January…

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Reliance Launches Waggies to Shake Up India’s Pet Food Market with Competitive Pricing

Reliance Industries is set to enter the Indian pet food market with its new brand ‘Waggies,’ aiming to disrupt the sector through aggressive pricing strategies. The launch signals increased competition in a rapidly growing pet care segment. Reliance launches Waggies pet food brand in India with aggressive pricing, aiming to disrupt the pet food market…

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Government Approves 17 Firms Under Textile PLI Scheme to Boost Sales by Rs 12,893 Crore

The Indian government has approved 17 companies under the textile sector’s Production Linked Incentive (PLI) scheme, aiming to boost domestic manufacturing and increase sales by Rs 12,893 crore. These new projects are set to enhance capacity, reduce imports, and strengthen the country’s global textile market position. India approves 17 firms under textile PLI scheme aiming…

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