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Akasa Air eyes China, Africa, but fleet crunch limits expansion

Mint Kolkata

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November 11, 2025

India's youngest low-cost carrier, Akasa Air, has ambitious plans to expand its international operations, including flights to China, but delays in supply of aircraft by Boeing are holding it back.

- Abhishek Law

Akasa Air eyes China, Africa, but fleet crunch limits expansion

The airline has flying rights to seven international routes.

(PTI)

Owned by SNV Aviation, the airline, which began flying in August 2022, has bilateral flying rights to at least seven new international destinations, including Uzbekistan, Tashkent, Hanoi, Sri Lanka, the Maldives, Indonesia and Singapore, and is eyeing other routes into China and Africa (Nairobi). Yet, with only 30 aircraft in its fleet and deliveries from Boeing running behind schedule, the carrier finds itself in a holding pattern.

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Mint Kolkata

Oct WPI slows to 27-month low amid food price decline

India’s wholesale inflation fell to a 27-month low in October on the back of record low food prices, provisional data from the ministry of commerce and industry showed on Friday.

time to read

2 mins

November 15, 2025

Mint Kolkata

Mint Kolkata

Wakefit boosts IPO size to ₹1.4k cr, eyes pre-IPO fundraise

under the offer for sale (OFS).

time to read

1 min

November 15, 2025

Mint Kolkata

Sebi to revamp settlement rules, curb penalties

India’s capital markets regulator has initiated a review of its rules on case settlement to simplify calculations and address concerns on stringent conditions and inflated penalties, three people familiar with the matter said.

time to read

1 mins

November 15, 2025

Mint Kolkata

Mint Kolkata

Sebi begins revamp of settlement rules, curb inflated penalties

Although there is a formula to calculate settlements (including base amounts, conversion and regulatory action factors), Sebi can still impose larger amounts at its discretion.

time to read

1 mins

November 15, 2025

Mint Kolkata

The king of tragicomedy

Emma Stone in ‘Bugonia’.

time to read

4 mins

November 15, 2025

Mint Kolkata

Mint Kolkata

NDA takes the crown in Bihar again, but fiscal squeeze looms

Amid the celebrations, the NDA faces a sobering reality of the state's fiscal situation. Bihar has a revenue base of ₹2.4-2.6 trillion, but nearly 60% of its revenue receipts are pre-committed to salaries, pensions and interest payments, shows government data.

time to read

1 mins

November 15, 2025

Mint Kolkata

Blue Origin's new rocket launches 1st Nasa mission

Blue Origin Llc launched its flagship New Glenn rocket from Cape Canaveral on Thursday in a crucial test for Jeff Bezos' space company in its quest to challenge Elon Musk’s SpaceX.

time to read

1 mins

November 15, 2025

Mint Kolkata

Mint Kolkata

Celebrating craft in all its forms

When the Mumbai store of Moonray, a four-year-old ready-to-wear label started by Karishma Swali and her daughter, Avantika, shut down a few months ago, it seemed like it would cease to exist. But last week, the same address in the cultural district of Kala Ghoda opened the doors to Chorus, a brand by the mother-daughter duo that expands the Moonray universe to include ready-to-wear, couture, skincare, and a café with craft at the centre.

time to read

4 mins

November 15, 2025

Mint Kolkata

Personal data privacy is now law as rules notified

ment various parts of the law in12-18 months. In12 months, that is, by 14 November 2026, they need to appoint consent managers—the person accountable for social media platforms seeking permission to use people’s personal data.

time to read

2 mins

November 15, 2025

Mint Kolkata

Mint Kolkata

Centre to roll over electric bus and truck incentives to FY27

The ministry of heavy industries has asked the finance ministry to shift the allocation for financial incentives to encourage the purchase of e-trucks and e-buses to next year's budget, according to two people aware of the development.

time to read

1 mins

November 15, 2025

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