Author: News Desk

Indira Gandhi International Airport (IGIA) in Delhi has become the 9th busiest airport in the world in 2024, according to Airports Council International (ACI). This marks an improvement from its 10th rank in 2023. With nearly 7.8 crore passengers, Delhi airport surpassed major international hubs like Los Angeles, Paris, and New York in total footfall. Global Air Travel Sees Strong RecoveryThe ACI report highlighted a sharp rise in worldwide air travel, with total passenger traffic reaching 9.4 billion in 2024. This figure is 8.4% higher than in 2023 and 2.7% more than pre-COVID levels in 2019. The top 20 airports alone handled over 1.5 billion passengers, or 16%…

Billionaire Gautam Adani has announced that his family will invest ₹60,000 crore in the healthcare sector, aiming to bring about a major transformation. Speaking to top surgeons in Mumbai, Adani emphasized that healthcare in India needs a full-scale “entrepreneurial revolution,” not just gradual changes. He called for innovation driven by technology and empathy. Launch of Adani Healthcare TemplesAs part of this initiative, Adani introduced the concept of “Adani Healthcare Temples” — integrated 1,000-bed hospitals that will first be established in Mumbai and Ahmedabad. These hospitals will focus on combining clinical care, education, and research. The project will be developed in…

Foxconn, Apple’s contract manufacturer, has begun importing parts from China to India for the upcoming iPhone 17. According to customs data reviewed by The Economic Times, components such as display assemblies, cover glass, mechanical housings, and rear camera modules started arriving last month. Industry experts believe these early shipments are likely for trial production, as the volumes are much lower than those for previous models. Trial Run in July, Mass Production by AugustThe imported iPhone 17 components made up about 10% of Foxconn’s total imports from China in June. Most of the remaining parts were meant for the iPhone 14 and…

Tesla is officially entering the Indian market by opening its first showroom in Mumbai on July 15. The showroom, called the “Tesla Experience Centre,” will be located in Bandra Kurla Complex, a major business area in the city. This marks a major step for Tesla in the world’s third-largest car market. Cars and Accessories ImportedBefore the launch, Tesla has already brought in electric cars and accessories worth around $1 million. These include six Model Y cars — five standard versions costing $32,500 each and one long-range model priced at $46,000. Tesla also shipped charging equipment like Superchargers from the US…

Apollo AyurVAID, one of India’s largest Ayurvedic hospital networks, is planning a significant expansion with a target of reaching 1,000 beds across the country by 2028. The hospital chain, which currently operates 12 facilities with 185 beds as of the end of FY25, aims to tap into the growing interest in traditional medicine. Patient Growth and Revenue Target The chain currently treats between 40,000 and 42,000 patients annually. With its expansion strategy, Apollo AyurVAID expects this number to increase to 200,000 patients every year within the next five years. The company is also targeting a turnover of ₹500 crore by…

Saudi Arabia has passed a new law allowing foreigners to own real estate in select parts of the kingdom, marking a major policy shift aimed at boosting foreign investment and aligning with its Vision 2030 economic diversification goals. Under the new law, foreigners will be allowed to purchase property in designated areas of Riyadh and Jeddah. However, ownership in Mecca and Medina will be governed by specific conditions due to their religious significance. The Real Estate General Authority is expected to soon release more detailed guidelines on eligibility and process. The law will be implemented starting January 2026. This decision…

Deeptech startup Infusory has introduced its augmented reality (AR)-based learning platform in 121 tribal schools across Maharashtra, following a collaboration with the state government. The initiative is part of Maharashtra’s Tribal School Infrastructure Enhancement Program, aiming to make learning more interactive and accessible for students from nursery to Class XII. TutAR App with 3D Curriculum Models The rollout features Infusory’s TutAR app, which offers a wide library of curriculum-aligned 3D models to enhance subjects such as science, mathematics, environmental studies, and English. The app helps students and teachers not only view lessons as interactive 3D content but also engage with…

The second season of the Kerala Cricket League (KCL) will be held from August 22 to September 7, drawing excitement from sports fans and business circles alike. The recent player auction has set the stage for an action-packed league. According to Deshabhimani, the league contributed ₹30 crore to the economy in its first season alone, supporting not just sports but sectors like hospitality and transportation. Six Teams Competing Across KeralaThe league features six teams: Trivandrum Royals, Kochi Blue Tigers, Thrissur Titans, Calicut Globesters, Aeries Kollam Sailors, and Alappuzha Ripples. The Kerala Cricket Association (KCA) will receive ₹14 crore annually from…

Amazon has entered the fast delivery market in New Delhi, promising to deliver items in just 10 minutes. This quick delivery service, called “Now,” was first launched in Bengaluru. Delhi is now the second city in India to get this service. With this move, Amazon is now directly competing with other companies that already offer super-fast deliveries. These include Blinkit (owned by Zomato), Swiggy Instamart, and Zepto. These companies have become popular in big cities because they can bring groceries, snacks, medicines, and other daily items to your doorstep in a matter of minutes. In such a busy lifestyle, fast…

India is witnessing a shift in healthcare infrastructure as several public hospitals and thousands of crores worth of public land are being transferred to private entities under Public-Private Partnership (PPP) models. These agreements aim to modernize healthcare facilities and establish medical colleges, with the government offering significant financial support to private players. Government Incentives and Policy Push The PPP push gained momentum in 2017 when the central government and NITI Aayog, with support from the World Bank, encouraged private involvement in hospitals with fewer than 300 beds. In 2020, a viability gap funding scheme was announced, offering 60-80% of capital…