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Domestic air traffic growth slows to 12.4% in July

Domestic air traffic rose 12.4 per cent in July- the slowest in 2017- on the back of slower capacity addition and grounding of eight planes by IndiGo, the largest domestic airline.Carriers flew 9.5 million passengers last month as against 8.5…

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KL economy up 5.8% on robust exports, domestic demand

Malaysia’s economy expanded at the fastest pace in more than two years in the second quarter on the back of domestic demand and robust exports, defying expectations for a slight slowdown.The strong performance is likely to add to speculation that…

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70 years of Indian Economy: A whistle stop tour

The Indian economy had stagnated in the last five decades of colonial rule. It is thus no surprise that Vallabhbhai Patel said in a speech a few days before independence that the economic regeneration of India was the main task…

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Infosys announces Rs 13,000 crore buyback.

The Infosys board today approved a share buyback program of up to Rs 13,000 crore. The buyback price of Rs 1,150 per share is nearly 25 per cent higher than Friday’s closing of Rs 923.10 apiece.The company has also set…

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