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India on Tuesday delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart -backed PhonePe.
India’s global market cap share rose to 4% in June 2025, recovering from a 16-month low. Now 5th globally, it reflects growing investor confidence in Indian equities.
The two airlines have a combined domestic market share of 81.3% in 2023 with IndiGo ferrying 56.2% of the country’s passengers and Air India flying 25.1%. While the former’s share in the ...