Category: Economy

Air India has begun rolling out revised fares after the civil aviation ministry ordered airlines to cap ticket prices and monitor pricing, following a week of nationwide chaos caused by massive IndiGo flight cancellations. The directive comes after passengers, stranded for days at major airports, witnessed sudden spikes in airfare across carriers, creating what many described as a panic-driven scramble for available seats. Airlines Scramble to Adjust Prices After Govt…

Georgia officials are weighing a massive proposal from Georgia Power that could reshape the state’s energy system. The utility says soaring data center activity requires as much as a 50% increase in electricity capacity within six years, a build-out that may cost more than $15 billion. Utility leaders argue that Georgia must act quickly to support companies investing in artificial intelligence and large-scale computing. Consumer advocates worry that the plan…

India’s big bet on building a global financial hotspot is beginning to look less like an experiment and more like a serious player. GIFT City — a glossy, ambitious business district carved out in Gujarat — is quietly attracting global firms, fresh capital, and the kind of attention once reserved for Dubai and Singapore. Brokers, bankers, and fund managers have been buzzing about it for months. A Financial District Built…

Georgia, known for its ancient vineyards and deep-rooted wine culture, is reshaping how it values its grapes — literally. Starting next year, the government plans to impose tougher price differentials for wine grapes based on quality, aiming to push farmers toward higher standards and defend the country’s centuries-old reputation in global markets. For a country that calls wine its soul, this shift could mean a lot more than just numbers.…

China’s foreign trade hit 29.57 trillion yuan in the first eight months of 2025, marking a 3.5 percent rise from the same period last year. This growth comes amid global economic challenges, driven by strong exports and key partnerships, according to official customs data released on September 8, 2025. Key Trade Figures Show Steady Progress Experts point to this increase as a sign of China’s economic resilience. Total trade reached…

India’s automobile market is bracing for a shake-up after the GST Council announced fresh revisions to vehicle tax slabs, giving relief to small car buyers while SUVs and premium models will now attract higher levies. Small Cars Get a Price Advantage The headline takeaway from Wednesday’s GST Council meeting was simple: small vehicles are getting cheaper. Cars with engine capacity below 1,200 cc and length under four meters will now…

Georgia’s public university professors face a new rule that demands they share course syllabuses on a public online database. This policy, approved by the University System of Georgia Board of Regents in May 2025, kicks off this fall semester for core classes and aims to boost transparency in higher education. Policy Details and Requirements The new rule mandates that all professors in the University System of Georgia upload their syllabuses…

In the second quarter of 2025, pro-government television channels in Georgia held a strong grip on the shrinking advertising market, even as overall revenues dropped sharply. Data from the Communications Commission shows a 12.1 percent decline in commercial ad income for TV and radio, highlighting economic pressures and political influences on media sustainability. Market Faces Steep Revenue Drop Georgia’s advertising sector for television and radio broadcasters took a significant hit…

Beijing has sharply pushed back against reports that US chipmakers Nvidia and AMD will hand over a slice of their China revenues to Washington in exchange for export licenses, framing the alleged deal as yet another example of technology being turned into a political weapon. Beijing Draws a Line on Chip Politics Asked on Monday about media reports claiming the two US semiconductor giants agreed to give 15% of their…

Indian equities may take a step back on Tuesday, with early signals from derivatives trade pointing to a softer open despite upbeat sentiment in parts of Asia. The caution comes after a solid rally in the previous session, as traders weigh global news from a US-China tariff extension to Japan’s record-breaking Nikkei climb. Gift Nifty Points to Modest Pullback Gift Nifty futures were trading near 24,580 early Tuesday, roughly 47…