Indian economy shows resilience despite weak global growth: RBI

IANS | May 22, 2025 10:05 AM

New Delhi, May 22 (IANS) The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank of India (RBI) has said.

Defence stocks soar up to 5 pc as market rebounds

IANS | May 21, 2025 6:13 PM

Mumbai, May 21 (IANS) Defence stocks continued their strong upward momentum on Wednesday, with several leading companies clocking gains of up to 5 per cent during intra-day trading session.

IndiGo’s net profit falls 11.19 pc to Rs 7,258.4 crore for FY25

IANS | May 21, 2025 5:29 PM

Mumbai, May 21 (IANS) InterGlobe Aviation, the parent company of IndiGo, on Wednesday reported a decline of 11.19 per cent in its net profit to Rs 7,258.4 crore for the full financial year FY25, compared to Rs 8,172.5 crore in the previous financial year (FY24).

India’s airlines record 8.5 pc rise in domestic flyers in April

IANS | May 21, 2025 5:02 PM

New Delhi, May 21 (IANS) The number of passengers flown by India’s domestic airlines during April this year crossed the 1.43 crore mark, which represents an 8.45 per cent increase compared to the same month of the previous year, despite bad weather impacting operations during the month, figures released by the Directorate General of Civil Aviation on Wednesday showed.