India’s annual growth slows to 7.1%

India’s growth slowed to 7.1 percent last year, according to official data released Wednesday, weaker than analysts expected but still the fastest rate of any major economy. GDP growth for the 12 months ended March 31 was well below a revised figure of eight percent for the previous year, and follows the government’s shock move […]


India’s GoAir setting stage for IPO

he owner of India‘s LCC GoAir, Wandia Group, is reportedly ready to launch an initial public offering (IPO) as investors have turned bullish on airline stocks. Warren Buffet‘s investment in 4 major US airlines – American, Delta, United, and Southwest Airlines last December, valued at $10 billion, has triggered a rally in the stocks of […]


Modi’s party wins landslide victory in Indian battleground state polls

Prime Minister Narendra Modi’s Hindu nationalist party won a landslide victory in India’s most important battleground state Saturday, in a personal triumph viewed as a massive show of confidence halfway into his first term. Modi’s Bharatiya Janata Party (BJP) won a surprise absolute majority in Uttar Pradesh (UP), the country’s most populous state that is […]

AirAsia adds domestic trio in India

AirAsia India has unveiled plans to launch a trio of new domestic routes. Effective 19 February 2017, the low-cost carrier will commence flights from Delhi’s Indira Gandhi International Airport to the cities of Bagdogra in West Bengal state, Pune in Maharashtra state, and Srinagar in Jammu and Kashmir. All three routes will be operated daily […]