Business
Aviation boost: Emirates places $38 bn order for 65 Boeing 777X jets; delivery to begin 2027 – The Times of India
Dubai’s biennial Air Show opened on Monday with a headline announcement from hometown carrier Emirates, which placed a $38-billion order for 65 Boeing 777-9 aircraft, reinforcing its push to expand long-haul capacity amid record earnings and rising traffic through the city’s East-West hub, AP reported.The new order takes Emirates’ total commitment for the upcoming 777-9 to 270 aircraft, cementing its position as Boeing’s largest customer for the wide-body jet, even as the programme faces repeated delays. The agreement also includes GE Engines, bundled into the total deal value.Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of Emirates, described the purchase as a vote of confidence in the long-term partnership with Boeing and GE.“It’s a long-term commitment that supports hundreds of thousands of high-value factory jobs, and it reinforces our 40-year partnership with Boeing and GE,” he said. Emirates remains the world’s largest operator of the Boeing 777 fleet, all powered by GE engines.Sheikh Ahmed said he expected Emirates to remain the biggest 777 operator “for the years to come”, adding that airlines needed larger aircraft to keep pace with global travel growth. He said the carrier looked forward to receiving its first 777-9 from the second quarter of 2027, pointedly glancing at Boeing as he mentioned the date.Boeing Commercial Airplanes president and CEO Stephanie Pope did not specify an entry-into-service timeline but said the jet would “further support Emirates’ mission to connect people and places around the globe like never before”.Officials took no questions from the media following the announcement.New deals and regional ordersBoeing also announced a series of additional orders at the event:
- Ethiopian Airlines placed a firm order for 11 Boeing 737-8 MAX aircraft.
- Air Côte d’Ivoire confirmed an order for four Embraer E175 jets.
- Later, Air Senegal finalised an order for nine Boeing 787-8 MAX aircraft.
Dubai Air Show opens amid booming travel, military interestThe 2025 edition of the Air Show comes as Dubai witnesses unprecedented passenger volumes. Emirates posted $5.2 billion in annual profit last fiscal, while Dubai International Airport continues to lead the world in international passenger traffic.Emirates ordered $52 billion worth of Boeing aircraft at last year’s show. Sister carrier FlyDubai, which operates 95 Boeing 737 variants, is also expected to eye more single-aisle jets as it expands beyond its first wide-body order of 30 Boeing 787-9 Dreamliners placed in 2023.Meanwhile, Dubai’s government has unveiled a $35-billion plan to expand Al Maktoum International Airport to five runways and 400 aircraft gates within a decade, creating enormous new fleet requirements for both carriers.The show is also set to showcase renewed interest in flying taxis, alongside strong military participation.Russia’s Rosoboronexport returned with a large pavilion despite Western sanctions. The state arms exporter displayed the Sukhoi Su-57 stealth fighter and the Pantsir-SMD-E air defence system, products gaining fresh attention amid Middle East security concerns.Underscoring ongoing ties, UAE President Sheikh Mohammed bin Zayed Al Nahyan began his tour at the Russian pavilion, viewing a video of a Russian drone strike and later inspecting the cockpit of the Su-57.US Air Force pilots from the 55th Fighter Squadron were also spotted examining the aircraft. When asked whether the F-16s could shoot it down, one pilot smiled and replied: “It looks cool.”
Business
‘Side Hustle Generation’: Over 50% Of US Gen Z Opting For Extra Gigs Amid Economic Uncertainty
Last Updated:
At least 57% of Gen Z in the US now have side gigs, from retail to gig work, amid economic uncertainty and concerns over the impact of AI on jobs.
Gen-Z is the first generation for whom a 9-to-5 job isn’t essential for achieving financial success. (AI-Generated Image)
Amid widespread economic uncertainty, more than half of the Gen Z population in the United States is opting for side gigs to navigate the job market and for extra cash.
At least 57% of Gen Z in the US now have side gigs, compared to 21% of boomers and older, according to The Harris Poll, which dubbed them “America’s first true ‘side hustle’ generation.”
Most of them are picking up side hustles, from retail to gig work, for extra cash. Younger people “want to work [and] find success, but many of them just feel disillusioned with the opportunities to get there through the traditional career ladder,” Glassdoor chief economist Daniel Zhao told Axios.
Role Of AI
In an August report, Glassdoor researchers said that some of the youths are chasing creative or entrepreneurial goals. Moreover, AI and other technological advances have made it easier for professionals to monetise their skills and passions.
“We’re witnessing a true side hustle generation where work identity lives outside of traditional employment. Additional commentary and research also shows that there’s a growing number of Employee+ workers who diversify income streams without abandoning job security,” Glassdoor said.
“For Gen Z, the day job funds the passion project. Work pays the bills, but identity and fulfilment can come from entrepreneurial pursuits, creative endeavours, or social causes they care about,” it added.
Why Are Gen-Z Opting For Side Gigs?
One of the main reasons for this shift is job anxiety. Recent graduates are struggling to secure jobs, while those with them aren’t seeing the career growth they expect, according to Zhao.
Data shows that the financial optimism for college students has fallen to their lowest level since 2018, mostly due to concerns over unemployment and ‘AI-induced layoffs’. The advent of AI remains the most pressing concern among young workers.
As per The Harris Poll, Gen Z is the first generation for whom a 9-to-5 job isn’t essential for achieving financial success. Side hustles are not merely distractions or fallback options; they are central to Gen Z’s identity, offering creative, entrepreneurial, or activist outlets that main jobs cannot supply.
“It definitely makes me feel more financially secure,” Katie Arce, who works full-time in e-commerce and picks up shifts at a vintage clothing store in Austin, Texas, told Axios.
United States of America (USA)
January 11, 2026, 17:08 IST
Read More
Business
‘Political Stability Has Powered India’s Growth’: PM Modi At Vibrant Gujarat Conference
Last Updated:
PM Modi further emphasised that over the past 11 years, India has emerged as the largest data consumer and built the country’s largest real-time digital platform.
PM Modi speaking at the inauguration of Vibrant Gujarat Regional Conference. (PTI)
Prime Minister Narendra Modi on Sunday said that India’s political stability and strong macroeconomic fundamentals are driving global investor confidence, with Gujarat emerging as a key anchor of the country’s growth story.
While addressing the Vibrant Gujarat Regional Conference in Gujarat, the Prime Minister highlighted India’s economic trajectory, saying that the country is the world’s fastest-growing major economy, with inflation under control and a strong foundation for long-term growth. He said that reform express is driving India’s journey to developed nation status.
He highlighted that India is the largest producer of milk and a leading manufacturer of generic medicines, reflecting the country’s growing strength in both agriculture and pharmaceuticals.
VIDEO | Rajkot: PM Modi (@narendramodi) says, “India is the world’s fastest-growing large economy and inflation is under control. Agricultural production in India is setting new records, and the country ranks number one in milk production. India is also the world’s largest… pic.twitter.com/R6f7tDhoZD— Press Trust of India (@PTI_News) January 11, 2026
He noted that global institutions are increasingly bullish on India, with the International Monetary Fund (IMF) describing the country as the engine of global growth.
“India is the world’s 3rd largest startup ecosystem, 3rd largest aviation market, we are in the top 3 metro networks of the world,” he said, asserting that the country is heading to become the world’s 3rd largest economy.
PM Modi further emphasised that over the past 11 years, India has emerged as the largest data consumer and built the country’s largest real-time digital platform. He highlighted that India is now the second-largest mobile manufacturer, whereas earlier the country imported nine out of ten phones.
The Prime Minister also underlined Gujarat’s contribution to India becoming the world’s third-largest economy, noting that the state has grown across sectors. He said regions like Saurashtra and Kutch, once seen as remote, have now become major drivers of Atmanirbhar Bharat and investment-led growth.
Highlighting Saurashtra’s manufacturing strength, with over 2.5 lakh MSMEs producing goods ranging from basic tools to high-precision aircraft components, PM Modi pointed to the region hosting the world’s largest ship-breaking yard and being a major hub for tile manufacturing.
He further said that India’s first semiconductor fabrication plant is coming up in Dholera, with the land ready and a predictable policy environment supporting long-term growth.
Vibrant Gujarat Regional Conference
PM Modi on Sunday inaugurated the Vibrant Gujarat Regional Conference for the Kutch and Saurashtra regions.
The event saw the presence of Gujarat Chief Minister Bhupendra Patel and Deputy Chief Minister Harsh Sanghavi, among other dignitaries.
He also inaugurated 13 New Smart Industrial Estates in 7 Districts (Amreli, Bhavnagar, Jamnagar, Kutch, Morbi, Rajkot and Surendranagar) spanning an area of over 3540 Acres by Gujarat Industrial Development Corporation before his address on Sunday.
The two-day conference summit will highlight Gujarat’s leadership in the clean energy sector and its alignment with India’s ‘Panchamrit’ commitments announced by the Prime Minister. These include achieving 500 GW of non-fossil energy capacity by 2030, meeting 50 per cent of energy requirements from renewable sources, reducing projected carbon emissions by 1 billion tonnes, lowering carbon intensity by 45 per cent by 2030, and attaining net-zero emissions by 2070.
Rajkot, India, India
January 11, 2026, 16:22 IST
Read More
Business
EV adoptions gathers pace in 2025: Sales hit 2.3 million units; UP, Maharashtra lead sales – The Times of India
India sold were at 2.3 million units of electric vehicle in 2025, making up 8 per cent of all new vehicle registrations, according to a new report by the India Energy Storage Alliance, based on Vahan Portal data, cited by ANI. This boost was driven by incentives offered by the government and festive seasons. The majority portion of the sales were two-wheelers at 1.28 million units.The total registrations recorded in the overall passenger car market in the year 2025 stood at 28.2 million. Two-wheelers marked the most registrations 20 million registrations, while passenger cars were at 4.4 million and agricultural vehicles recorded 1.06 million. The recorded sales rose steadily throughout the year though slightly improved in the festival seasons due to GST benefits.Electric two-wheelers were the stars of the EV market, grabbing 57 per cent of sales. Three-wheelers came second with 0.8 million units (35 per cent), while four-wheelers logged 175,000 units. The report spotted good progress in electric delivery vehicles, especially in smaller commercial segments.Uttar Pradesh was at the forefront in this, with 400,000 units sold, taking an 18 percent market share in India’s EV segment. Maharashtra followed, with 266,000 units sold, contributing 12 percent to the segment, followed by Karnataka, with 200,000 units sold, contributing 9 percent to the market. The three accounted for over 40 percent in the country’s EV sales.Some smaller states recorded a very encouraging uptake of EVs. Delhi, Kerala, and Goa were able to reach an EV-to-ICE ratio of 14 percent, 12 percent, and 11 percent respectively. Meanwhile, states from the Northeast, Tripura, and Assam, achieved ratios of 18 percent and 14 percent, respectively.A major achievement was recorded in the three-wheeler segment, which attained a market penetration of 32 per cent. The government also created a record with their biggest ever order of electric buses—10,900 unit—valued at a massive Rs 10,900 crore through the PM E-DRIVE scheme.The report also stated that that while smaller vehicles led EV adoption, government efforts to electrify larger commercial vehicles and develop charging infrastructure were setting up India’s EV sector for continued growth beyond 2025.
-
Sports6 days agoVAR review: Why was Wirtz onside in Premier League, offside in Europe?
-
Entertainment4 days agoDoes new US food pyramid put too much steak on your plate?
-
Politics4 days agoUK says provided assistance in US-led tanker seizure
-
Entertainment4 days agoWhy did Nick Reiner’s lawyer Alan Jackson withdraw from case?
-
Politics6 days agoChina’s birth-rate push sputters as couples stay child-free
-
Sports6 days agoSteelers escape Ravens’ late push, win AFC North title
-
Business6 days ago8th Pay Commission: From Policy Review, Cabinet Approval To Implementation –Key Stages Explained
-
Entertainment6 days agoMinnesota Governor Tim Walz to drop out of 2026 race, official confirmation expected soon
