Spotify accounts for 30% of global music industry revenue growth in 2025

Check out what’s clicking on FoxBusiness.com. Spotify announced Wednesday that the company now accounts for roughly one-third of the music industry’s recorded music revenue, further cementing its position as the world’s largest music streaming service.   The company emphasized that it made the largest single-year payout to the music industry by any retailer ever, with revenue […]

EU free trade to boost tech textile industry exports: MATEXIL

The India-EU free trade agreement will bring down tariffs to zero immediately after the agreement is officially implemented. Shaleen Toshniwal, Chairman, Manmade and Technical Textiles Export Promotion Council (MATEXIL) said the India-EU FTA, which is one of the most complex trade negotiations India has undertaken, comes at a crucial phase when there is global trade […]

View | Flight disruptions: Why the key lies in promoting competition in the airline industry

The central government recently enacted the Flight Duty Time Limitation (FDTL) norms in the airline industry. The rules seek to address the issue of pilot fatigue through increased rest time and reduced landing in the night hours. At the peak of the disruptions on 5 December, IndiGo cancelled 1,588 flights, or about 79% of its […]

Govt revokes quality control order on polyester yarn; industry welcomes move| Business News

NEW DELHI: The ministry of chemicals and fertilizers has rescinded 14 quality control orders (QCOs), including polyester fibre and polyester yarn with immediate effect in public interest after consulting the Bureau of Indian Standard (BIS), according to government notifications. Polyester fibre and polyester yarn form most of the man-made fibre (MMF) products The move will help the […]

Infosys, Wipro share price show lingering pain for India’s $280-billion IT industry| Business News

How the stocks of Infosys Ltd. and Wipro Ltd. have moved today, a day after their quarterly results, is emblematic of a wider problem afflicting India’s $283-billion IT services industry. A software professional at work. (Unsplash) The Nifty IT index, a gauge of India’s 10 largest IT firms is down 1.9% since bellwether Tata Consultancy […]