Airlines' need to diversify their revenues hit by slim margins: IATA's Thomsen
Financial Express Kolkata|December 16, 2024
AIRLINES ARE PRICE takers as they do not have an influence on the prices they pay, IATA chief economist Marie Owens Thomsen has said, adding that the need to diversify revenues is complicated by slim profit margins and weak balance sheets.
MANOJ RAMMOHAN

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Financial Express Kolkata

IIT-Madras to offer fine arts, culture courses

IN A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

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1 min  |
December 18, 2024
Financial Express Kolkata

Not even 2% work-linked higher education courses yet: Report

EVEN AS ASSORTED government schemes are a national skill mission aiming to make India's workforce more employable, the latest TeamLease EdTech survey has revealed that barely 2% of the higher education institutions (HEIs) in the country are offering degrees that are work-linked.

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1 min  |
December 18, 2024
Financial Express Kolkata

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

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1 min  |
December 18, 2024
Financial Express Kolkata

Indian firms use euro, yen swaps

ECB president Christine Lagarde hinted at a bigger 50 basis point rate cut to buffer the euro zone economy

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1 min  |
December 18, 2024
Financial Express Kolkata

SME IPOs fetch rich returns in Dec

THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.

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1 min  |
December 18, 2024
Financial Express Kolkata

EPFO weighs higher equity investments

IN FY23, the interest rate was fixed at 8.15% and 8.10% in FY22.

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2 minutos  |
December 18, 2024
Financial Express Kolkata

KYC masking to go live on Jan 20

IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.

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1 min  |
December 18, 2024
Financial Express Kolkata

Trudeau govt adrift after FM quits, Trump tariffs loom

The abrupt resignation of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.

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1 min  |
December 18, 2024
Financial Express Kolkata

TikTok turns to top US court in last-ditch attempt to avert ban

TikTok made a last-ditch effort on Monday to continue operating in the United States, asking the Supreme Court to temporarily block a law intended to force ByteDance, its China-based parent company, to divest the short-video app by Jan. 19 or face a ban.

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1 min  |
December 18, 2024
Financial Express Kolkata

China plans record budget deficit of 4% of GDP in 2025

• New plan compares with an initial target of 3% of 2024 GDP

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1 min  |
December 18, 2024