Business1 hr ago
Supreme Court to Review Complaint Over Expensive Airfares
The Supreme Court is set to hear a petition today that challenges the high cost of airline tickets. The petitioners argue that the government's response—saying it is working on new rules and asking people to trust the process—is not enough to address the issue. They are demanding immediate action to control airfares, which have become unaffordable for many passengers. The case highlights growing frustration among travelers who face steep prices, especially during holidays or emergencies. Airline companies often adjust fares based on demand, leading to sharp increases. While the government has said it will introduce regulations, critics claim these measures are too slow. The court's decision could push for faster reforms or force airlines to justify their pricing. This hearing comes amid broader concerns about the cost of living and access to essential services. Many hope the judiciary will intervene to make air travel more affordable for the average person.
The Hindu
Business1 hr ago
Global Investors Drive Chinese Hard Tech Firms to Record Valuations
In the first half of this year, global investors poured capital into China's hard technology companies at an unprecedented rate, pushing the value of their mainland stock holdings to an all-time high. By the end of June, overseas holdings under the Stock Connect scheme between Hong Kong and mainland China reached a record 3.13 trillion yuan (about $461.65 billion). This surge reflects increased foreign interest in China's advanced manufacturing and technology sectors. The Stock Connect program allows international investors to buy shares listed on mainland exchanges through Hong Kong. The record inflow highlights confidence in China's high-tech firms, which are seen as key players in areas like semiconductors, electric vehicles, and renewable energy. Analysts say the trend may continue as global investors seek exposure to China's growing technology ecosystem. The data from the second quarter shows that foreign capital is increasingly targeting hard tech – companies that develop core technologies and manufacturing capabilities. This marks a shift from previous years when consumer and internet stocks were more popular. The influx has boosted the market value of these firms, benefiting both the companies and the broader Chinese stock market.
SCMP
Business3 hr ago
Syria and US to Hold First Business Forum on Economic Recovery
Syria is preparing to host its first business forum with the United States on Monday. The event, which aims to discuss Syria’s economic recovery, reform plans, and investment opportunities, marks a significant step in rebuilding economic ties after decades of US sanctions. The forum is organized by Syria’s Ministry of Economy and Industry together with the Syrian-American Business Council. It signals a potential shift in relations as Washington has long imposed strict economic sanctions on the country. The forum will focus on how to restore Syria’s economy, which has been severely affected by years of conflict and international isolation. Attendees are expected to include business leaders and officials from both sides. This event is seen as a move towards economic restoration and could open new doors for trade and investment. While the sanctions remain in place, the forum represents an effort to find common ground and explore ways to rebuild Syria's private sector. The outcome of the discussions could influence future economic policies and international cooperation. This is the first time such a forum is being held, highlighting a cautious but hopeful step in Syria-US economic relations.
Middle East Eye
Business5 hr ago
Kerala's New Highway Project Nears Construction as Land Acquisition Almost Complete
A major highway project in Kerala is set to begin construction after completing over 95% of land acquisition. The greenfield highway will connect Palakkad and Kozhikode districts, passing through rural areas of Palakkad, Malappuram, and Kozhikode. The project is part of the Bharatmala Pariyojana, a national highway development program aimed at improving connectivity across India. The estimated cost is ₹8,000 crore. Once completed, the highway is expected to reduce travel time and boost economic activity in the region. Officials say the remaining land acquisition is on track and will be finished soon. The project will provide a modern, high-speed route through the Malabar region, benefiting local communities and businesses. Construction is expected to start shortly after the final approvals.
The Hindu
Business6 hr ago
New Water Treatment Plant to Ease Kochi's Water Shortage
Kochi, a major city in Kerala, has long struggled with water shortages, especially during dry seasons. To address this, a new water treatment plant with a capacity of 190 million liters per day (MLD) is being built in Aluva, a suburb of Kochi. The plant is expected to significantly improve the city's water supply and reduce the burden on existing sources.
Currently, Kochi relies on the Periyar River and several smaller treatment plants, but rapid urbanization and population growth have outpaced supply. The new Aluva plant will draw water from the river and treat it using modern filtration methods. Officials say the facility will serve residential areas, commercial zones, and industrial users, helping to meet increasing demand.
The project is part of a larger effort by the Kerala Water Authority to upgrade infrastructure across the state. Construction is underway, and the plant is expected to become operational within the next few years. Once completed, it will be one of the largest treatment plants in the region.
Local residents hope the plant will end frequent water cuts and tanker dependence. However, challenges like pipeline distribution and maintenance remain. Still, the 190-MLD plant marks a major step toward securing Kochi's water future.
The Hindu
Business8 hr ago
KFC's Unique Fried Chicken Recipe and Cooking Methods Explained
KFC's fried chicken has a distinctive taste that sets it apart from other fast-food chains. According to reports, the secret lies in three key factors: commercial pressure fryers, a blend of 11 herbs and spices, and hand-breading techniques.
Commercial pressure fryers cook chicken faster and at higher temperatures than standard open fryers, which helps lock in moisture and create a crispy crust. This method is not commonly used by other chains, giving KFC's chicken its unique texture.
The famous 11 herbs and spices recipe is a closely guarded secret, but it is known to include a mix of salt, thyme, basil, oregano, and other seasonings. This blend has remained unchanged for decades and contributes to the iconic flavor.
Additionally, KFC requires its employees to hand-bread the chicken in a specific three-step process: first dipping in water, then coating with flour mixture, and then dipping again. This manual technique ensures even coating and a consistent crunch.
These elements combine to create the "finger lickin' good" taste that has made KFC a global favorite. While many competitors have tried to replicate it, the combination of pressure frying, secret spices, and hand-breading remains unique to KFC.
Fox News