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BUSINESS

Air passengers to rise 28% to hit 3.6 billion in 2016: IATA

AFP Relax News, Published on 07/12/2012

» Airline passenger numbers are set to rise by over a quarter in the coming years to hit 3.6 billion in 2016, with China accounting for nearly one in four new travellers, the International Air Transport Association (IATA) announced Thursday.

BUSINESS

Retailers bank on Diwali to open Indian wallets

AFP Relax News, Published on 12/11/2012

» Indian retailers hope to boost disappointing consumer spending with a frenzy of special offers during this week's Diwali festival, led by automakers crowding the market with nearly 20 new cars.