In response to rising fuel costs, fluctuating travel demand, and ongoing regional tensions, major airlines in India, including Air India, IndiGo, and Air India Express, are planning to scale back their domestic flight operations starting in June. These adjustments come as the industry grapples with increased operating expenses, prompting airlines to rethink their network strategies.
Air India is set to slash about 22% of its...
In Ottawa, Mark Carney hailed the potential free trade agreement with India as transformative during discussions with India's commerce minister, Piyush Goyal. The leaders of both nations are working towards finalizing the Comprehensive Economic Partnership Agreement (CEPA) within the year, a move Carney believes could significantly benefit Canadian sectors such as energy, agriculture, technology, and education through enhanced opportunities for workers and businesses.
Piyush Goyal,...