Campaigning in Rajasthan ends, polling on Saturday
Jaipur (PTI): The high-pitch electoral campaign in Rajasthan for the November 25 assembly elections came to an end Wednesday evening with the BJP going all out to wrest power from the Congress, which is trying to end the state's anti-incumbency trend.
While the ruling Congress focused its election campaign mainly on the works and performance of the Ashok Gehlot government, its schemes and programmes and also banked on the promise of seven guarantees if the party retains power, the BJP attacked the Congress on issues such as crime against women, appeasement, corruption and paper leak.
Rajasthan has a total of 200 assembly seats but polling will be held in 199 seats the Congress candidate from Sriganganagar's Karanpur seat Gurmeet Singh Konoor passed away.
There are 5,25,38,105 voters in the 199 assembly constituencies.
Congress president Mallikarjun Kharge, party leaders Rahul Gandhi, Priyanka Gandhi, Gehlot and other conducted a series of election meetings while Prime Minister Narendra Modi led the election campaign for the BJP and held multiple meetings. He also held road shows in Bikaner and Jaipur.
BJP president JP Nadda, Union ministers Amit Shah, Smriti Irani and Rajnath Singh, and chief ministers Yogi Adityanath (Uttar Pradesh), Shivraj Singh Chouhan (Madhya Pradesh) and Himanta Biswa Sarma (Assam) among others also addressed public meetings in various constituencies across the state.
An official of the election department said the campaigning ended at 6 pm. Polling will be held from 7 am to 6 pm on Saturday and results will be declared on December 3.
According to the regulations, there will be no election-related public meeting or procession or campaigning on television.
Chief electoral officer Praveen Gupta said if any person violates the provisions, he or she will be punished with imprisonment of up to two years or fine or both.
The Election Commission has directed that any political person who is not a voter or candidate of that constituency or is not an MP or MLA cannot stay in that constituency after the election campaign is over.
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Air India resorts to cost-cutting ways amid 'tough times'; layoffs not anticipated
New Delhi/Mumbai (PTI): Hit hard by Pakistan airspace closure and Iran war, Air India has resorted to cost-cutting measures, including holding back annual increments for staff and asking them to cut discretionary spending as well as non-critical expenditures, warning of "tough times".
On Friday, Air India Chief Executive Officer & Managing Director (CEO & MD) Campbell Wilson told the staff it is going to be a "very, very difficult year" if things don't improve on the Middle East front.
A day after the loss-making airline's board discussed various cost-saving steps, Wilson, along with Chief Financial Officer (CFO) Sanjay Sharma and Chief Human Resources Officer (CHRO) Ravindra Kumar GP, addressed the employees during a townhall on Friday where the emphasis on the need to keep a close watch on costs.
With higher jet fuel prices due to the West Asia conflict and airspace curbs, the loss-making airline's expenses have spiralled in recent times and against this backdrop, Sharma also told staffers that FY26 has seen a softening in revenue amid heightened external uncertainties.
Calling for a relentless focus on costs in these tough times, Wilson urged employees to suspend discretionary spending, renegotiate rates where feasible, and defer non-critical expenditures.
"There must be a laser-sharp focus on eliminating wastage and leakages," he said.
Stressing the need to tighten the belt for a while, Wilson sounded optimistic that travel demand would rebound and the industry would continue on its upward path.
CHRO Ravindra Kumar told staff that the airline will proceed with variable pay for the last financial year and continue with planned promotions while noting that annual increments will be deferred by at least one quarter.
"We don't anticipate layoffs," he said.
At the airline's board meeting on Thursday, various cost-saving steps, including likely furloughs, were discussed. The Tata Group-owned airline has around 24,000 employees.
Generally, furlough refers to sending staff on unpaid leaves by companies during a tough financial situation.
During the townhall, CFO Sanjay Sharma said while strong revenue growth and fleet expansion drove financial momentum through FY25, FY26 has seen a softening in revenue amid heightened external uncertainties.
Air India has seen around 40 per cent CAGR (Compounded Annual Growth Rate) in revenue between 2022 and 2025, he added.
The airline was acquired by the Tata Group from the government in January 2022.
The Air India CEO mentioned the external challenges being facing the aviation industry as a whole, including the continued closure of Pakistan airspace that is expected to persist for the foreseeable future and geopolitical conflicts leading to disruptions and airspace closures across West Asia.
Wilson, who is set to step down later this year, also flagged a sharp depreciation of the rupee and a 2.5-3 times increase in jet fuel prices, and added that these factors have adversely affected travel sentiment and consumer confidence, as per the sources.
If the Strait of Hormuz opens, oil prices fall and consumer as well as business confidence come back, there is a decent chance of a solid recovery, Wilson said, adding that unless those circumstances happen, it was going to be "a very, very difficult year".
"I feel somewhat responsible that we ended up with probably the biggest surprise of the year in the external environment which was a full-scale war in our neighbouring region in the Gulf. That has had a huge impact on airspace," he said.
For Air India, Wilson said the situation is compounded by the fact that the airline cannot fly over the neighbouring country and has to take a much longer routing for any west-bound destination.
"Every airline is reporting that they are under some sort of financial pressure as a result of higher fuel prices and economic uncertainty. So, it is unfortunately not a great environment to be running an airline," the Air India CEO said.
The Air India Group -- Air India and Air India Express -- is projected to have incurred more than Rs 22,000 crore loss in the financial year ended March 2026.
At the townhall, Wilson also highlighted various initiatives, including completion of the retrofit of its legacy narrow-body aircraft and rapid network optimisation to redeploy capacity more efficiently.
