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Introduction The ground-handling sector in India is witnessing rapid expansion in line with the country’s booming aviation market. Air India SATS Airport Services (AISATS), a joint venture between Air India and Singapore-based SATS, currently manages nearly 70% of flights at key hubs . As the industry scales, AISATS has called for policy reforms that ensure fair competition based on flight volumes rather than passenger counts . Growth of the Ground-Handling Industry India’s ground-handling market was valued at $1.83 billion in 2024 and is projected to grow at a CAGR of 6.1% to reach $2.78 billion by 2031 . Major airports like Delhi, Mumbai, Bengaluru, and Hyderabad are undergoing significant infrastructure upgrades. Growth is being driven not only by higher volumes but also by service quality, digital adoption, and sustainability initiatives . AISATS’s Strategic Role and Global Leverage AISATS has experienced broad-based growth in passenger and cargo operations . The c...

The Union Ministry of Environment, Forest, and Climate Change (MoEFCC) has issued a notification introducing a strict benchmark for awarding Green Credits . Under this framework, an applicant will only be eligible for Green Credit after achieving 40% canopy density on a degraded forest land parcel, following a minimum of five years of restoration activities . The move is part of the government’s broader Green Credit Programme , designed to incentivize ecological restoration, encourage corporate participation in afforestation efforts, and link environmental performance with Environmental, Social, and Governance (ESG) reporting . Green Credit Rules 2023: Legal Basis and Objective The Green Credit Rules, 2023 , were notified in October 2023 under Sections 3, 6, and 25 of the Environment (Protection) Act, 1986 . The rules empower companies, private entities, and other stakeholders to take up plantation and restoration projects on degraded land , including open forest areas, scrubla...

India Maintains Strong Growth Amid Global Headwinds India’s economy has once again defied global slowdowns and inflationary pressures. According to the CareEdge Economic Pathways Report , India’s real GDP grew by 7.4% in Q4 FY25 , pushing the overall annual growth to 6.5% , beating analyst expectations. Though slightly moderated from the 8.4% average of the past two years, this growth solidifies India’s place among the fastest-growing major economies. Key growth drivers: Construction sector surged 10.8% in Q4. Manufacturing and private investments improved , though consumption slightly slowed. Rural demand stayed robust due to rising wages, despite mixed urban demand. Retail inflation cooled to 3.2% in April 2025, the lowest since August 2019, with food inflation easing due to strong Rabi harvests and water reserves. However, concerns remain over falling household savings , which declined for a third straight year to 18.1% of GDP , with financial liabilities risin...

SMFG India Credit Wins Golden Peacock Award for Corporate Social Responsibility 2024 SMFG India Credit has been honored with the prestigious Golden Peacock Award for Corporate Social Responsibility (CSR) 2024 . This award recognizes organizations that have successfully integrated social and environmental concerns into their business strategy while achieving economic goals. The award was received by Swaminathan Subramanian, Chief Operating Officer , along with the CSR team at SMFG India Credit , for their outstanding contributions to community development . SMFG India Credit’s Commitment to CSR Over the past three years, SMFG India Credit has rolled out several impactful CSR initiatives aimed at empowering communities and promoting sustainability . These include: 🌱 Financial Literacy Programs – Educating underserved communities on financial planning and credit access . 📚 Skill Development Training – Equipping youth with vocational skills for employment. 🏥 Primary Health...

Economic Growth and AI Drive a Dynamic Labour Market  in the UAE The UAE's labour market has emerged as a leading global destination for professionals, thanks to a thriving economy and a forward-thinking approach to development. Supported by a pro-investment environment, the UAE continues to attract skilled professionals across diverse sectors, cementing its reputation as an international hub for talent. UAE: A Magnet for Global Talent The UAE's competitive advantages , such as advanced infrastructure, digital transformation strategies, and a focus on sustainability, have positioned it among the top markets for global talent.           1.  Global Rankings : In 2024, Deel , an HR management firm, identified the UAE as the top global destination for work visas . CEOWORLD Magazine ranked the UAE 1st regionally and 5th globally for digital nomads. InterNations placed the UAE 4th globally as the best country for expatriates to live and work...