Minister of Civil Aviation Ram Mohan Naidu announced a 10% reduction in IndiGo flights due to disruptions across the country. This follows the DGCA's order for a 5% cut and cited operational resource mismanagement. Air India is expected to benefit from the cancelled slots. The minister also emphasized the airline's commitment to covering all destinations.
Trump criticizes Europe, calling it "decaying" and accusing leaders of being weak and politically correct. He also expresses concern over Europe's migration policy and its stance on Russia. In a newly-released National Security Strategy, the US outlines an "America First" approach to safeguard its interests. European leaders rebuke Trump's comments and urge respect for their sovereignty.
RBI Governor Sanjay Malhotra urged public and private sector banks to pass on rate cuts to support sustainable growth. He also emphasized the need for better customer service, addressing digital fraud risks, and simplifying regulations. The meeting was attended by top officials as part of the RBI's engagement with regulated entities, with a 125 basis point rate cut since February 2025.
SEBI's new circular for AIFs has been welcomed by industry experts, as it will enhance operational flexibility and create growth opportunities. However, some experts express concern about the difficulty of obtaining accredited investor status. The presence of over 1,700 registered AIFs reflects a mature investor base interested in advanced strategies.
Despite efforts by the government, corporate sector, and farmers to reduce stubble burning in Delhi's surrounding agricultural fields, the "burnt area" remains the same, causing air pollution and depletion of soil's organic matter.
PM Modi announces India's entry into a "reform express" phase, emphasizing citizen-centric governance and structural changes for economic growth. Kiren Rijiju highlights the impact of reforms on people's lives and plans to introduce reform-oriented Bills in Parliament. Modi's guidelines for MPs revolve around the government's third term focus.
Australia is taking a groundbreaking step to safeguard the mental health of children under 16 by deactivating their social media accounts. The ban, backed by majority of Australians, will hold social media companies accountable for any violations. Other nations like UK, EU, Malaysia, and New Zealand are also considering similar measures.
The Indian cement industry is expected to see a growth of 8-9% in the second half of FY26 due to pent-up demand and improved liquidity. Margins are also predicted to increase by 250-300 basis points thanks to higher realisation, stable costs, GST cut, premiumisation, and volume growth. Despite a GST reduction, cement prices are expected to rise by 3-4%, while costs remain stable
Microsoft CEO Satya Nadella announced a $17.5 billion investment in India's AI future during his meeting with PM Narendra Modi. This will help build infrastructure, skills, and sovereign capabilities, and includes training 10 million people in AI and establishing new facilities. Nadella thanked PM Modi for an "inspiring conversation" and reaffirmed Microsoft's commitment to making India AI-first.
Ageas Federal Life Insurance has revealed a new brand identity to mark its next phase of expansion. CEO Jude Gomes discusses the rebranding, growth strategies, and potential for entering the health insurance market. The company is targeting tier-2 and tier-3 cities and aims to triple its business in the next three years. The Insurance Amendment Bill is expected to benefit the company.
The 'eclipse of the century' will occur on August 2, 2027, lasting for 6 minutes and 23 seconds, making it the second longest in recent history. This rare event will be observed in major cities, accessible to hundreds of thousands of people. It will be visible from parts of Europe, North Africa, and the Middle East, plunging cities into mid-day darkness for several minutes.
Two 17-year-old Afghan asylum seekers were sentenced for raping a 15-year-old girl in a UK park. The victim was rescued by a passerby and the attackers pleaded guilty. CCTV footage and the victim's phone video aided the investigation. The case has caused outrage and adds to anti-immigrant sentiments, with another Afghan immigrant suspected in a shooting near the White House.
India's fertilizer imports surged by 69% in April-October 2025, while domestic production only grew by 0.74%. This is due to high demand caused by good rains. Fertilizer stocks reached 10.2 million tonnes by November, with over 150 companies meeting most of India's nutrient needs. To ensure supply security, India is forming strategic partnerships with resource-rich nations.
Veteran actor Prem Chopra was diagnosed with severe aortic stenosis and recently underwent a successful TAVI procedure, as shared by son-in-law Sharman Joshi. The minimally invasive treatment helped avoid open-heart surgery and ensured a faster recovery. Here’s what aortic stenosis is, its symptoms, and how TAVI works.
IndiGo CEO Peter Elbers assures stable operations as the airline operates 1,800 flights, connecting all 138 stations. Customers can now easily receive full refunds for cancellations through automated process. Top priority is to safely transport stranded and delayed passengers. Over Rs 750 crore in refunds already given, total amount undisclosed.
DGCA orders IndiGo to reduce flight operations by 5% due to poor pilot roster planning, despite CEO's claim of stability. Airline instructed to submit revised flight plans and faces show cause notices for accountability. Air India expected to receive additional flights as a result. Civil Aviation Minister assures safety and accountability for passengers.
Indian legal AI firms, like CaseMine, are gaining global recognition by crossing OpenAI's 10 billion token usage milestone. The country has over 954 legaltech companies, including 87 funded ventures, and is attracting investments and experimentation in AI models for Indian legal needs.
Zohran Mamdani, the youngest Mayor of New York City, has appointed Mysonne Linen, a rapper-turned-activist with a felony conviction, to his transition team's public safety and criminal justice committees. Linen has a criminal past, serving seven years in jail for armed robberies. He has since turned to activism and co-founded Until Freedom with anti-Israel activist Linda Sarsour.
The IMF has approved a USD 1.2 billion disbursement to Pakistan, recognizing the country's efforts in implementing reforms despite challenges from economic and climate-related shocks. This comes after completing the second review of the EFF and first review of the RSF, with the IMF commending Pakistan's progress in stabilizing the economy, boosting investor confidence.
CBI books Anil Ambani's son, Jai Anmol, for cheating Union Bank of India of Rs 228.06 crore. This is the first time Jai has been named in a bank fraud case, while his father has been previously investigated. The bank alleges that Ambani Group's Reliance Home Finance misused borrowed funds for other purposes.
Indian-origin YouTube CEO Neal Mohan has been named TIME’s 2025 CEO of the Year, marking a major milestone in his leadership journey. Known for his calm, methodical style, Mohan has strengthened YouTube’s hold on the global attention economy. As the platform enters its next phase powered by AI, curiosity around Mohan’s net worth, salary and lifestyle has grown. Here's what we know.
IndiGo's share price is under scrutiny due to cancelled flights and refunds affecting earnings. Despite this, Citi and Morgan Stanley are optimistic about the airline's future. Citi has a 'Buy' stance with a target price of Rs 6,500 while Morgan Stanley remains 'OverWeight' with a target price of Rs 6,540. Both predict a return to normalcy within a month.
Apollo Micro Systems has partnered with the Telangana government to build a Rs 1,500 crore facility for producing missile warheads, rocket motors, and artillery systems. The project is in line with India's Aatmanirbhar Bharat vision and will strengthen national security. The government will provide approvals and support for the project
The long-awaited sequel to 3 Idiots is finally in the making after 16 years. The original cast, including Aamir Khan and Kareena Kapoor, will return for the film set 15 years after the first one. Director Rajkumar Hirani has finalized the script, leaving fans excited to see what happens next.
JSW Steel, a leading steel producer, reported a 5% year-on-year growth in crude steel production in November, with a net production of 24.39 lakh tonnes. The company's Indian operations saw a production of 23.61 lakh tonnes, while its US operations saw a slight increase to 0.78 lakh tonnes. However, the company's capacity utilization slowed to 84% due to the shutdown of a blast furnace
As India grapples with the ongoing IndiGo crisis, actress and jewellery designer Neelam Kothari has raised a serious concern about her recent Etihad Airways journey. The Fabulous Lives of Bollywood Wives star said in a tweet that she fell ill mid-air and did not receive any help from the cabin crew.
A group of Republican lawmakers is asking the White House to shut down the Optional Practical Training (OPT) program, IANS reported. Lawmakers claim this long-standing program, which lets foreign students work in the US after finishing their studies, was never approved by Congress and has become “costly and unregulated.”
Mir Yar Baloch condemns the misrepresentation of Balochistan and India's relationship in Dhurandhar, which prioritizes gangsters over patriotic Baloch people. He is disappointed with the film's portrayal of Baloch freedom fighters and calls for a new movie that accurately depicts the true friendship and loyalty of Baloch people in their struggle against Pakistan.
The Lok Sabha will discuss election reforms, including the Special Intensive Revision of electoral rolls by the ECI. The Congress has criticized the process, with Rahul Gandhi leading the opposition's criticism. The government defends the routine maintenance of voter rolls. The agenda also includes committee reports on defence and water resources.
Nuvama Institutional Equities has upgraded four stocks in the renewable energy, IT, logistics, and biotechnology sectors. These companies are at different stages of growth, but Nuvama believes they have clear triggers that could lead to significant growth in the next few years. The brokerage has upgraded Suzlon Energy, Coforge, JSW Infrastructure, and Biocon.
Starting next year, skipping a Real ID at the airport could hit your wallet. The US Transportation Security Administration (TSA) just announced a new $45 fee for travellers who don’t have one.
Over 200 IndiGo flights have been cancelled at major airports, including Bengaluru, Chennai, Kerala, and Hyderabad, amid the ongoing crisis that is expected to be normal after December 10. In view of the fiasco, a meeting was held between MoCA and DGCA, where officials were instructed to conduct on-ground inspections at airports to monitor airline operations and passenger services.
Captain CS Randhawa, President of the Federation of Indian Pilots (FIP), has alleged that the IndiGo crisis was “pre-planned”, accusing the airline’s senior management of intentionally triggering the crisis. He further demanded that the top leadership be fined and criminally prosecuted for allegedly pressuring the government to roll back newly introduced Flight Duty Time Limitation (FDTL) norms.
The United States has cancelled 85,000 visas this year across different categories, according to IANS, citing a senior State Department official. The official explained that this is part of a stronger push to keep American communities safe and make sure only people who meet all rules are allowed to enter the US.
A strong earthquake of 7.5 magnitude struck northern Japan late on Monday night, sending powerful tremors across several regions. The intensity also triggered tsunami waves along parts of the Pacific coast.
India's mutual fund AUM is projected to hit Rs 315 lakh crore by FY2035 due to rising household involvement, regulatory backing, and investor confidence. Digital adoption will fuel growth in metro and Tier-1 cities, while Tier-2 and Tier-3 cities will need a 'phygital' approach.
A US-based tech co-founder has sparked a huge debate online after he said he would happily pay $100,000 per day if that’s what it took to hire the best global talent. Shahriar Tajbakhsh, the co-founder and CTO of Metaview AI, made the comment while responding to a post on X that suggested the H-1B visa fee should be raised to $100,000 per year instead of being a one-time payment.
Paramount has launched a strong all-cash offer to buy Warner Bros. Discovery (WBD). The move was announced on Monday and came right after Netflix won the previous bidding round with a $27.75 per share cash-and-stock deal. Paramount’s bid offers WBD shareholders $30 per share, which is significantly higher than Netflix's, but how was that possible?
Brand value of Indian Premier League (IPL) has fallen by 20% to $9.6 billion in 2025 due to geopolitical factors and team reshuffles. Top franchises like Mumbai Indians, Royal Challengers Bengaluru, Chennai Super Kings, and Kolkata Knight Riders saw a decline in brand value. However, IPL achieved a strong online broadcasting record and top teams have potential for growth.
The US government has approved the export of Nvidia's AI chips to China with a 25% fee per chip. This decision comes after a debate on national security concerns. President Trump announced the move on Truth Social and informed President Xi Jinping, who responded positively.
US President Donald Trump’s recent comment suggests that he may bring in new tariffs on some agricultural imports, especially Indian rice and Canadian fertiliser. His remarks come at a time when the US is still stuck in long, difficult trade talks with both countries.
The Civil Aviation Minister has promised to take strict action against IndiGo for causing nationwide flight disruptions due to internal rostering and operational lapses. He clarified that the new FDTL guidelines were not the cause and assured that the government is promoting new airlines while prioritizing safety and passenger rights.
PhysicsWallah, an edtech major, reported a 70% increase in net profit for Q2 FY26, reaching Rs 69.7 crore. Revenue from operations also grew by 26% to Rs 1,051.2 crore, with improved margins and profit. This marks the company's first quarterly results since its listing on NSE and BSE.
Air India is complying with the Ministry of Civil Aviation's order to cap economy ticket prices after IndiGo's operational crisis. Air India Express has fully implemented the new pricing, while Air India is doing it gradually due to system dependencies. IndiGo's cancellation of 850 flights caused a surge in demand and fares, prompting government intervention and a refund of Rs 610 crore.
Parliament passed the Health Security and National Security Cess Bill, 2025, which will impose a new levy on pan masala manufacturing units to fund national security and public health. The cess will be calculated on production capacity and will not affect GST revenues.
Air India has a greater number of pilots compared to IndiGo, despite having a smaller fleet, due to the types of aircraft they operate. Long-haul flights require more pilots, leading to concerns about the number of unemployed CPL holders. The government has made efforts to improve training facilities, but modernization is still needed.
A study by iFOREST found that official monitoring systems are missing over 90% of large farm fires in Punjab and Haryana, leading to an underestimation of stubble burning's impact on Delhi's air pollution. The report also discusses the shortcomings of current monitoring methods and the effectiveness of government initiatives to reduce stubble burning, despite a decrease in burnt areas.
Indian cricket captain Virat Kohli has left Puma to join Agilitas Sports as an investor and co-creator for his brand One8. In the deal, Kohli acquired a 1.94% stake in Agilitas for ?40 crore and Agilitas acquired One8. The brand will undergo a complete redesign and expand globally to compete with top brands.
Zepto, the first quick commerce app to offer fee-free orders above Rs 99, experienced a 44% decrease in new app downloads in November. This decline was more significant than its competitors, indicating that fee waivers may not be effective in a saturated market.
