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Following the closure of 27 airports due to the ongoing military situation, aviation stocks are under scrutiny. Airlines like IndiGo and Air India are rerouting flights and offering fee waivers for affected routes. Passengers are advised to arrive at airports at least three hours early due to heightened security measures prompted by ceasefire violations along the LoC.
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The earnings season is gaining speed. Swiggy anticipates steady revenue growth, driven by quick commerce and food delivery. However, profitability may face pressure. Losses could widen. Dr Reddy's is projected to report a net profit increase. Revenue from operations is also expected to grow. Several other companies, including ABB India and Bank of India, will also announce their results.
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In Trump's new trade pact with the UK, we got a glimpse of the types of agreements he may seek across the globe.
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News and Media
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