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Icra pegs aviation losses to hit ₹10.5K cr

Financial Express Bengaluru

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August 29, 2025

Hitting an Air Pocket

- NITIN KUMAR

THE DOMESTIC AVIATION industry is set to see its losses nearly double in FY2026, amid mounting challenges such as geopolitical tensions and trade headwinds. Rating agency ICRA on Thursday projected the sector's net losses to widen to ₹9,500-10,500 crore, compared with ₹5,500 crore in FY2025.

Alongside this, ICRA lowered its growth forecast for domestic air passenger traffic to 4-6% in FY26, down from an earlier estimate of 7-10%. Passenger volumes are now expected to reach 172-176 million.

Financial Express Bengaluru से और कहानियाँ

Financial Express Bengaluru

'Vision cars must reflect what finally reaches the road'

As M&M sharpens its premium ambitions and prepares a new wave of products, its Chief Design & Creative Officer Pratap Bose tells Akbar Merchant about how distinct sub-brand identities, production-led 'vision cars' and a growing influence of software and EV-led thinking are shaping the automaker's design strategy for the next decade.

time to read

1 mins

January 09, 2026

Financial Express Bengaluru

Grok has changed the risk-reward equation

GIVEN THE INHERENT value of X, advertisers should treat Grok as a high-risk experimental surface, not a default media channel.

time to read

1 min

January 09, 2026

Financial Express Bengaluru

Large-caps will offer attractive risk-reward this year

With the valuation gap between large-cap and mid- and small-caps being at a two- decade high, the former have become meaningfully cheaper. George Heber Joseph, Chief Investment Officer and Chief Executive Officer -Equity at ASK Investment Managers tells Ananya Grover that such divergences have created attractive entry points for large- cap investing. Excerpts:

time to read

2 mins

January 09, 2026

Financial Express Bengaluru

Bangladesh suspends visa services in India

BANGLADESH'S INTERIM GOVERNMENT on Thursday saidit hasasked its key missions in India,including at New Delhi, to suspend visa services over security concerns.

time to read

1 min

January 09, 2026

Financial Express Bengaluru

A closed chapter: UpGrad aborts Unacademy bid

RONNIE SCREWVALA-LED HIGHER education platform upGrad has withdrawn from acquisition discussions with SoftBank backed test-prep company Unacademy after the two sides failed to agree on valuation, bringing months of negotiations to an end.

time to read

1 min

January 09, 2026

Financial Express Bengaluru

Sebi alleges BofA unit shared private info

THE SECURITIES AND Exchange Board of India (Sebi) has accused a Bank of America (BofA) entity of violating insider trading rules and breaking internal “Chinese walls” in a 2024 share sale, a notice from the markets regulator showed.

time to read

1 min

January 09, 2026

Financial Express Bengaluru

2025 reset cooperation priorities

FfD4, COP30, and the G20 were opportunities for India to show its prowess for multilateral negotiations, while rejuvenating its domestic stance on tax policy

time to read

3 mins

January 09, 2026

Financial Express Bengaluru

Sensex down 1.6K pts in four days

THE DROP CAME despite the first advance estimates for FY26 GDP signalling robust growth, supported by a manufacturing rebound and a resilient services sector.

time to read

2 mins

January 09, 2026

Financial Express Bengaluru

Airlines set to step up bank borrowing

YEAR OF HIGH PURCHASES

time to read

2 mins

January 09, 2026

Financial Express Bengaluru

CCI defends antitrust penalty law in Apple case

A LAW USED to calculate fines on the basis of a company's global turnover will discourage breaches by multinationals, the Competition Commission of India (CCI) told a court in opposing Apple's high-profile challenge to the measure.

time to read

1 min

January 09, 2026

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