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.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
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.
The world has changed, making Henry Morgenthau’s vision more practical. It is trade rather than aid which has helped lift people out of poverty, most of all in Asia. Infrastructure projects – like Delhi’s Metro – are not always profitable. The developing world’s needs cannot be fully met by market forces. There is a gap in viability. Perhaps the World Bank and similar institutions, with funding support from the developed countries, can blend profit with public purpose and meet huge requirements. The pool of poor countries that require concessional funding directly from the World Bank is now fortunately quite small.
The world has changed, making Henry Morgenthau’s vision more practical. It is trade rather than aid which has helped lift people out of poverty, most of all in Asia. Infrastructure projects – like Delhi’s Metro – are not always profitable. The developing world’s needs cannot be fully met by market forces. There is a gap in viability. Perhaps the World Bank and similar institutions, with funding support from the developed countries, can blend profit with public purpose and meet huge requirements. The pool of poor countries that require concessional funding directly from the World Bank is now fortunately quite small.