Air India posts $2.8 billion annual loss, largest since Tata takeover

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The loss marks Air India’s biggest annual loss since the airline was acquired by the Tata Group in 2022 Indian carrier Air India reported a loss of S$3.56 billion, or around $2.8 billion at current exchange rates, in 2025-26, which marked its largest annual loss since the Tata Group regained control of the airline in…

India-UK FTA: Indian electronics, textiles, pharma, chemicals to get zero duty access

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In labour-intensive sectors, tariffs on Indian exports to the UK have been slashed to nil from up to 20 percent on marine products, 12 percent on textiles and apparels, 8 percent on chemicals, and 10 percent on baseline metals, the Indian government said. India and the UK sign the Comprehensive Economic and Trade Agreement in…