Sunday, October 04
Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast for commercial airliners released Sunday ahead of the Paris Airshow. The company expects demand for 43,600 new airliners through 2044. That is essentially the same as last year's edition, which projected demand for 43,975 new deliveries through 2043. European rival Airbus last week revised up its own 20-year commercial demand forecast by 2% to 43,420 jets, saying the air transport industry was expected to ride out current trade tensions. Boeing's delivery projection includes nearly 33,300 single-aisle airliners, just over 7,800 widebody jets, 955 factory-built freighters and 1,545 regional jets. Sin
Karnataka was awarded first place in the country for achieving the highest wind power capacity addition of 1,331.48 MW in the financial year 2024-25.State Energy Minister K J George received the award from Union Minister for New and Renewable Energy, Pralhad Joshi, during the Global Wind Day 2025 celebrations themed 'Pawan-Urja: Powering the Future of India', held in Bengaluru on Sunday.Tamil Nadu and Gujarat followed Karnataka, adding 1,136.37 MW and 954.76 MW respectively, said a statement issued by the office of Minister George."This is not just a number-it is a reflection of Karnataka's unwavering commitment to clean energy," George said after receiving the award.He said the proactive policies, implementation capabilities, and vision have positioned Karnataka as a leader in the renewab
The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India's exports, as it is expected to drive up both air and sea freight rates, exporters say. They said that India's exports to Europe and counters like Russia may get impacted due to this war. If the conflict continues for long, the movement of merchant ships through routes such as Strait of Hormuz between Iran and UAE, and Red Sea would be affected. "The war will further hurt global trade. The situation was gradually improving but now again the trade will be impacted. Our exports to Europe and countries like Russia may get hurt. Freight rates and insurance are expected to increase," Federation of Indian Export Organisations (FIEO) President S C Ralhan said. Indian export consign
The fashion storefront today is no longer a shop window—it is an invitation to linger, question and decode. As ecommerce strips the thrill from checkout carts, and physical retail fights for profitability, brands are reshaping the face they show to the consumer. Designers now do not ask, “what will you buy?” but declare “look at us—we are more than just creators of wearable products”.Two months ago, when Riddhi Jain and Dhruv Satija, cofounders of Studio Medium, opened their first store in Delhi’s Dhan Mill compound, the mood board of their store design took as much time as their retail strategy, if not more. From architecture to materiality, from shopfront facade and window display to billing counter and furniture as art, every element was intended for deliberate communicati
