Business & Education Archives -

Goyal slams global rating agencies as “unfair to India”, says they failed to recognise nation’s economic transformation

DA Newsdesk / June 26, 2026

Commerce and Industry Minister Piyush Goyal has sharply criticised major global credit rating agencies — Fitch, Moody’s and Standard & Poor’s — accusing them of consistently undervaluing India’s economic strength and long‑term potential. Speaking at a plenary session organised by the High Commission of India in London, Goyal said the agencies had “not recognised the […]

Airfares likely to stay high despite falling fuel prices, airlines prioritise margin recovery

DA Newsdesk / June 22, 2026

Global airlines are set to benefit from a sharp decline in jet fuel prices following the recent US–Iran peace agreement, but passengers hoping for cheaper tickets may be disappointed. According to the report, easing oil prices have delivered a major cost windfall for carriers, yet several structural factors mean airfares are unlikely to fall anytime

Business & Education, Technology

Meta working on new AI transcribing pendant as wearable ambitions grow

DA Newsdesk / May 31, 2026

Meta is reportedly developing a new AI‑powered pendant capable of recording and transcribing real‑world conversations, signalling the company’s next major push into wearable technology beyond its existing smart‑glasses lineup. The device, still under internal development, comes as Meta attempts to expand its AI hardware ecosystem despite mounting financial losses and intensifying scrutiny over privacy. According

Business & Education, Nation News

Gold demand drops 70% after sharp duty hike in India

DA Newsdesk / May 30, 2026

Gold demand in India has plunged dramatically after the government imposed a steep increase in import duty, triggering one of the sharpest short‑term declines the industry has seen in years. According to industry estimates, demand fell to about 7.5 tonnes in the fortnight ending 27 May, compared with nearly 25 tonnes during the same period

Business & Education, Nation News, Technology

India’s semiconductor dependence a growing economic & strategic risk, says NITI Aayog report

DA Newsdesk / May 30, 2026

India’s heavy reliance on imported semiconductors has emerged as a major economic and national‑security vulnerability, according to a new NITI Aayog report titled “Future of India’s Semiconductor Industry.” The report warns that India currently imports 90–95% of all chips it uses, and domestic demand is projected to surge from $90 billion by 2030 to more

Business & Education

Climate and air pollution are creating a perfect storm for lung health, experts say

DA Newsdesk / May 30, 2026

Climate change and worsening air pollution are combining to create a growing respiratory health crisis across India, with doctors warning that heatwaves, toxic air, allergens and shifting weather patterns are driving a sharp rise in lung‑related illnesses. Health experts say the impact is no longer theoretical — it is already visible in clinics and hospitals