Domestic air passenger traffic jumped 57 percent to around 49 lakh in July, reflecting a significant sequential as well as year-on-year growth amid a decline in coronavirus infections, according to a report. Recording continued recovery, traffic rose 56-57 percent to 48-49 lakh in July compared to June this year when it was about 31.1 lakh. As against June 2020, the growth is 132 percent, rating agency ICRA said in the report on Thursday.

The Supreme Court is likely to announce its judgment on e-commerce giant Amazon's pleas against the merger of Future Retail Ltd (FRL) with Reliance Retail at 10:30 am on Friday, August 6.

Accelerated demand for packaging boards for online purchases and tissue papers on account of the COVID-19 pandemic, along with specialty papers, will drive growth going forward, said JK Paper Chairman Bharat Hari Singhania. While talking about the paper industry in FY21, Singhania said the economy improved appreciably in the second half of the year, reflected in a pick-up in demand for packaging boards as the pandemic accelerated online purchases due to social distancing restrictions. The emphasis on hygiene increased the demand for tissue papers.

IndiaMART InterMESH managed to report quarter-on-quarter revenue growth even amid the semi lockdown in the first quarter. The company recorded a net profit of Rs 88 crore and consolidated revenue of Rs 182 crore in the quarter ended June 30, 2021. However, its paying subscribers have declined sequentially.