Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
One hopes Shri Mukherjee’s assessment is accurate. With the problems in the NBFCs, consumer spending, the last pillar propping up the economy, is beginning to sag. Huge pile up of unsold vehicles is just one visible sign of the slowdown. Once the marigold garlands and showers of rose petals are done with on the evening of 23rd May, some Michelin starred chefs should be invited to take over the kitchen.
One hopes Shri Mukherjee’s assessment is accurate. With the problems in the NBFCs, consumer spending, the last pillar propping up the economy, is beginning to sag. Huge pile up of unsold vehicles is just one visible sign of the slowdown. Once the marigold garlands and showers of rose petals are done with on the evening of 23rd May, some Michelin starred chefs should be invited to take over the kitchen.