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.
Deleveraging is what China needs. The longer it is deferred, the more pain it will eventually cause. President Xi is not a democratically chosen leader who needs to keep winning elections. Part of the rationale for doing away with term limits was to give him the authority and durability to helm China’s painful internal economic restructuring. 2. BRI is a trillion dollar initiative which will again be almost completely funded by China’s stretched banking system. While geopolitics is part of it, it must be economically viable for both lender and borrower. Sri Lanka has had trouble with its $ 8 billion exposure, which had to be renegotiated. If the impression gathers force that this is money for jam from a rich uncle, China will have cause to regret the enterprise.
Deleveraging is what China needs. The longer it is deferred, the more pain it will eventually cause. President Xi is not a democratically chosen leader who needs to keep winning elections. Part of the rationale for doing away with term limits was to give him the authority and durability to helm China’s painful internal economic restructuring. 2. BRI is a trillion dollar initiative which will again be almost completely funded by China’s stretched banking system. While geopolitics is part of it, it must be economically viable for both lender and borrower. Sri Lanka has had trouble with its $ 8 billion exposure, which had to be renegotiated. If the impression gathers force that this is money for jam from a rich uncle, China will have cause to regret the enterprise.