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29
BusinessDec 05, 2025 05:14 PM

IndiGO: Travel chaos worsens in India with hundreds of flights cancelled

IndiGo has said operations will return to full normalcy only by 10 February, and has sought temporary relief on the new rules that call for more rest hours and restricted night-duty. The airline has also said it will reduce its flight operations to minimise disruptions from 8 December. The government has said it is closely monitoring the situation with the federal aviation minister expressing "clear displeasure" with how the airline had handled the situation. In a separate statement, India's ...Read More >

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23
BusinessDec 05, 2025 05:14 PM

IndiGo's punctuality hits record low, collapses to 8.5%, as operational disruptions mount

IndiGo's on-time performance drastically dropped to 8.5% on Thursday, significantly impacting flight schedules due to ongoing operational disruptions, primarily crew-related issues. This marks a sharp decline from previous days, with the airline now cancelling flights to manage the situation. Other major airlines maintained considerably higher punctuality rates. IndiGo's operational troubles deepened on Thursday as the airline's on-time performance (OTP) plummeted to just 8.5%, highlighting the ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessDec 05, 2025 05:14 PM

Mumbai To Kolkata At Rs 75,000 Per Flight Ticket, SpiceJet Fares Go Viral

As IndiGo's massive operational breakdown entered its fourth day with over 500 flights cancelled nationwide, rival carrier SpiceJet's Mumbai-to-Kolkata fares for December 6 shot up to an unbelievable Rs 75,000 for a one-way economy ticket, sparking viral outrage on social media. A simple check on flight booking platforms shows that a regular non-stop SpiceJet flight on the Mumbai-Kolkata route normally costs between Rs 5,000 and Rs 15,000. For December 6, the same non-stop flight was listed at ...Read More >

Abtak.com - Business - News Image
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21
BusinessDec 05, 2025 05:14 PM

Bengaluru Man Ditches Rs 25 Lakh Job To Deliver Food. Here's The Reason Behind The Bold Move

He's already identified 12 potential menu items. ShowQuick Read Summary is AI-generated, newsroom-reviewed * A Bengaluru man quit his Rs 25 LPA job to work as a food delivery partner. * He aims to start a cloud kitchen by understanding local customer preferences firsthand. * Family and friends expressed concern and mocked him for this unconventional choice. Did our AI summary help? Let us know. Switch To Beeps Mode A Bengaluru man has gone viral for quitting his Rs 25 LPA corporate job ...Read More >

Abtak.com - Business - News Image
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BusinessDec 05, 2025 05:14 PM

Hijab-saffron controversy erupts again in Karnataka's college

Tensions flare at CG Bellad Government First Grade College in Karnataka. Students arrived in classrooms wearing hijabs and saffron shawls. This follows a protest by Hindu students against alleged inaction on dress code rules. The college principal stated a meeting will be held to resolve the issue. A fresh controversy has erupted at the CG Bellad Government First Grade College in Akki Alur village of Haveri district in Karnataka, after groups of students arrived in classrooms wearing Hijabs and ...Read More >

Abtak.com - Business - News Image
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15
BusinessDec 05, 2025 05:14 PM

IndiGo flight chaos: Newlyweds attend their own reception online, Singapore envoy misses wedding

A newlywed couple had to attend their own wedding reception through a video call after repeated IndiGo flight delays and a final cancellation left them stranded in Bhubaneswar, over 1,000 kilometres away from their reception venue in Hubballi. The disruption is part of the wider flight chaos unfolding across India due to crew shortages and operational issues at the airline. Megha Ksheerasagar and Sangam Das, software engineers working in Bengaluru, were scheduled to fly for their reception on D ...Read More >

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BusinessDec 05, 2025 05:14 PM

Nirmala Sitharaman Moves Health Security Bill, Links It To National Security

The Bill aims to augment resources for meeting expenditure on national security and public health. Union Finance Minister Nirmala Sitharaman on Thursday moved The Health Security se National Security Cess Bill, 2025 in Lok Sabha for consideration and passing in the Lok Sabha. Speaking in the Lok Sabha, "I rise to move that the bill to augment the resources for meeting expenditure on national security and for public health and to levy assess for the said purposes on the machines installed or ot ...Read More >

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BusinessDec 05, 2025 05:14 PM

Government Is Closely Monitoring IndiGo's Flight Fiasco: Aviation Ministry

Civil Aviation Minister chaired a high-level review meeting with IndiGo's senior management. New Delhi: The government is closely monitoring IndiGo's operational recovery and passenger support measures until full stability is achieved, according to the Ministry of Civil Aviation. The ministry has taken a serious note of the recent operational disruptions and cancellations of flights across IndiGo's network. Civil Aviation Minister Ram Mohan Naidu has chaired a high-level review meeting with ...Read More >

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BusinessDec 05, 2025 05:14 PM

Corning exec Andrew Beck says everyone's eyes are on India market

Mobile phone OEMs (Original Equipment Manufacturers) are keeping an eagle eye on Corning's investments and plans for India, attentive to all that is happening in the region with the changes in trade policy across the globe, Andrew Beck, vice president and general manager of the firm's Gorilla Glass division said. Mobile phone OEMs (Original Equipment Manufacturers) are keeping an eagle eye on Corning's investments and plans for India, attentive to all that is happening in the region with the ch ...Read More >

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BusinessDec 05, 2025 05:14 PM

Reliance's exec. VP, COO Koch sells shares worth $869k By Investing.com

Reliance, Inc. (EXCHANGE:RS) Executive Vice President and Chief Operating Officer Stephen Paul Koch, sold 3,066 shares of common stock on December 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed in three separate transactions at a weighted average price ranging from $283.26 to $285.32, resulting in a total value of $869388. Following the transactions, Koch directly owns 14,021 shares of Reliance, Inc. common stock. He also indirectly ow ...Read More >

english.varthabharati.in - Politics Business - News Image
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PoliticsBusinessDec 05, 2025 05:12 PM

India, Russia unveil new measures to broaden trade, economic ties between countries

New Delhi (PTI): India and Russia on Friday firmed up a five-year plan to bolster economic and trade partnership in the face of Washington's punitive tariff and sanctions regime even as Prime Minister Narendra Modi conveyed to President Vladimir Putin that the war in Ukraine must be brought to an end through dialogue. Following their summit talks, Modi and Putin unitedly demonstrated their keenness to impart a fresh momentum to the trajectory of the over eight-decades-old partnership between th ...Read More >

Social News XYZ - Politics Business - News Image
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PoliticsBusinessDec 05, 2025 05:12 PM

Have established close working and personal contact with PM Modi: Putin (Ld)

New Delhi, Dec 5 (SocialNews.XYZ) Thanking Prime Minister Narendra Modi for the warm and cordial welcome extended to the visiting delegation, Russian President Vladimir Putin on Friday stated that he has established a "close working and personal contact" with the Indian PM and together they "constantly monitor" the development of Russian-Indian cooperation in all its strategic areas. "The talks we just concluded with our Indian colleagues, as well as our conversation last night with Mr. Modi in ...Read More >

DT News - Business - News Image
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BusinessDec 05, 2025 05:07 PM

Aviation Crisis in India as IndiGo Flight Cancellations Trigger Surge in Domestic Airfares | THE DAI...

New Delhi: India's aviation sector is reeling from a severe crisis as IndiGo, the country's largest airline, cancels hundreds of flights, leaving thousands of passengers stranded and sparking a dramatic surge in domestic airfares. The chaos began on Wednesday, with IndiGo citing pilot shortages and operational glitches as the reason for the cancellations. As of Friday, over 1,300 flights have been grounded, with Delhi, Mumbai, Bengaluru and Hyderabad airports among the worst affected. The sudd ...Read More >

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BusinessDec 05, 2025 05:02 PM

BEML signs strategic MoU with SMFCL for manufacturing of maritime ecosystem

New Delhi: State-run BEML Limited has announced to the exchanges that it has signed a strategic MoU with Sagarmala Finance Corporation Limited (SMFCL) to unlock dedicated financial support for India's domestic maritime manufacturing ecosystem. Sagarmala Finance Corporation Limited (SMFCL), is India's first maritime sector-specific Non-Banking Financial Company (NBFC). It was formally registered as an NBFC with the Reserve Bank of India (RBI) on June 19, 2025. SMFCL is a Mini Ratna Category-I ...Read More >

Free Press Journal - Business - News Image
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BusinessDec 05, 2025 05:01 PM

Virar Building Collapse: VVMC Assistant Commissioner Gilson Gonsalves Arrested In Ramabai Apartment ...

Virar, Dec 05: In the tragic incident where a part of the Ramabai Apartment building in the Naringi area of Virar East collapsed, resulting in the deaths of 17 people and serious injuries to 9 others, a significant development has occurred in the ongoing investigation. Gilson Gonsalves, the Assistant Commissioner of the Vasai-Virar Municipal Corporation's Ward Committee 'C', was arrested by the Crime Branch Unit 3 team late Thursday night (December 04). Details of Incident and Arrest Proceedin ...Read More >

Social News XYZ - Business - News Image
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BusinessDec 05, 2025 04:59 PM

ED attaches Anil Ambani group-linked assets worth Rs 10,117 crore to date

New Delhi, Dec 5 (SocialNews.XYZ) The Enforcement Directorate (ED) on Friday said it has provisionally attached properties and assets belonging to Anil Ambani-led Reliance Group entities worth Rs 10,117 crore to date. In the latest action, the financial regulator attached over 18 properties, fixed deposits, bank balance and shareholding in unquoted investments of Reliance Anil Ambani Group "worth Rs 1,120 crore in Reliance Home Finance Limited/Reliance Commercial Finance Limited/Yes Bank Fraud ...Read More >

LatestLY - Business - News Image
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BusinessDec 05, 2025 04:58 PM

Business News | RBI Policy Rate Cut Lifts Markets; Sensex, Nifty Rebound on Friday | LatestLY

Mumbai (Maharashtra) [India], December 5 (ANI): The Indian stock market on Friday ended higher after the Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points to 5.25 per cent, as the MPC's outcome served as the key catalyst for the market's rebound. At the close of trading today, the BSE Sensex ended at 85,712.37, up 447.05 points or 0.52 per cent, while the NSE Nifty50 stood at 26,186.45, up 152.7 points or 0.59 per cent. Also Read | Dharmendra 90th Birth Anniversary: Sunny ...Read More >

dtnext.in - Business - News Image
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BusinessDec 05, 2025 04:58 PM

Stock markets rally as RBI cuts interest rate; Sensex jumps 447 points

NEW DELHI: Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-share NSE Nif ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessDec 05, 2025 04:56 PM

"Issue was also raised two months ago": CG Bellad College Principal on Hijab-Saffron controversy in ...

Haveri (Karnataka) [India], December 5 (ANI): A controversy erupted at CG Bellad Government First Grade College in Akki Alur, Haveri district, Karnataka, as students wearing saffron shawls protested against their peers wearing hijabs to class on Friday. The students claimed they were protesting the administration's alleged inaction on enforcing uniform rules. Principal Viresh Kammoor stated that the college requires students to wear prescribed uniforms inside classrooms, with some concessions m ...Read More >

NewsDrum - Business - News Image
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BusinessDec 05, 2025 04:55 PM

RBI's 25 bps rate cut draws positive response from market participants

Kolkata, Dec 5 (PTI) The RBI's decision to cut repo rate by 25 basis points drew a positive response from market participants, with the move set to support growth, improve liquidity conditions and help ease pressure on yields. Announcing the fifth bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to cut the short-term lending rate or repo rate by 25 basis points to 5.25 per cent with a neutral stance. ...Read More >

NewsDrum - Business - News Image
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BusinessDec 05, 2025 04:55 PM

Home, auto loans to get cheaper as RBI cuts interest rates to support 'goldilocks' economy

Mumbai, Dec 5 (PTI) Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) on Friday cut key benchmark interest rate for the first time in six months and vowed to provide Rs 1 lakh crore liquidity boost to banking sector to support a "goldilocks" economy in the face of high US tariffs. The six-member monetary policy committee, led by RBI Governor Sanjay Malhotra, voted unanimously to lower the repurchase or repo rate by 25 basis points to 5.25 per cent and retaine ...Read More >

IndiaPost NewsPaper - Business - News Image
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BusinessDec 05, 2025 04:54 PM

Flight Fares Jump Sharply After Nationwide IndiGo Cancellations; Domestic Fares Beyond International...

NEW DELHI: IndiGo's massive flight cancellations across India have led to a significant surge in airfares across several key domestic routes, with prices skyrocketing to unprecedented levels, as passengers scrambled for alternatives. According to popular booking website MakeMyTrip (MMT) data, there are significant spikes on routes from Delhi to major metros and state capitals, with same-day non-stop flights costing up to double the rates available for neighbouring dates. Booking data on MakeMy ...Read More >

NewsDrum - Business - News Image
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BusinessDec 05, 2025 04:47 PM

Benign inflation will ensure low repo rates; 0.2 pc not right level for price rise: Malhotra

Mumbai, Dec 5 (PTI) Reserve Bank Governor Sanjay Malhotra on Friday said that the policy repo rate will continue to be "low" till the inflation remains benign. Speaking to reporters at the RBI headquarters after announcing a 25 basis points cut in the repo rate to 5.25 per cent, he declined to specify the level to which the repo rate can go to but added that the RBI's inflation estimates point to benign numbers. "Going forward, we expect benign inflation and so if the inflation continues to be ...Read More >

The Munsif Daily | Latest News India | World News | National and International Headlines - Business - News Image
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6
BusinessDec 05, 2025 04:47 PM

ED attaches Anil Ambani group-linked assets worth Rs 10,117 crore to date

New Delhi: The Enforcement Directorate (ED) on Friday said it has provisionally attached properties and assets belonging to Anil Ambani-led Reliance Group entities worth Rs 10,117 crore to date. In the latest action, the financial regulator attached over 18 properties, fixed deposits, bank balance and shareholding in unquoted investments of Reliance Anil Ambani Group "worth Rs 1,120 crore in Reliance Home Finance Limited/Reliance Commercial Finance Limited/Yes Bank Fraud Case". Also Read: PM M ...Read More >

NewsDrum - Business - News Image
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BusinessDec 05, 2025 04:46 PM

Stranded IndiGo passengers at Raipur airport fume over cancellations

Raipur, Dec 5 (PTI) Confusion prevailed at the Swami Vivekananda Airport here on Thursday as several IndiGo flights were abruptly cancelled or rescheduled, leaving passengers stranded for hours. Angry passengers were seen asking questions, even shouting in frustration as staff members at the airline's counter outside the airport could not provide them answers. Airport officials did not respond to messages and calls seeking details of cancellations. "I have been standing here for two hours. Ca ...Read More >

Free Press Journal - Business - News Image
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BusinessDec 05, 2025 04:44 PM

Sensex Jumps 447 Points, Nifty Gains 153 After RBI's 25 bps Cut, Markets Cheer Softer Inflation Outl...

Mumbai: Indian equity markets ended the week on a positive note after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 5.25 percent. The Monetary Policy Committee, led by Governor Sanjay Malhotra, also maintained a neutral policy stance. The central bank delivered a double surprise-cutting rates and sharply lowering the FY26 inflation forecast to 2 percent from 2.6 percent, while raising the growth projection to 7.3 percent from 6.8 percent. A ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessDec 05, 2025 04:39 PM

RBI policy rate cut lifts markets; Sensex, Nifty rebound on Friday

Mumbai (Maharashtra) [India], December 5 (ANI): The Indian stock market on Friday ended higher after the Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points to 5.25 per cent, as the MPC's outcome served as the key catalyst for the market's rebound. At the close of trading today, the BSE Sensex ended at 85,712.37, up 447.05 points or 0.52 per cent, while the NSE Nifty50 stood at 26,186.45, up 152.7 points or 0.59 per cent. Broader markets were mixed, with the Nifty Midcap100 ...Read More >

Social News XYZ - Business - News Image
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BusinessDec 05, 2025 04:35 PM

Indian Railways recruited 5.08 lakh people in last 10 years, up 23.6 pc: Minister

New Delhi, Dec 5 (SocialNews.XYZ) Railways Minister Ashwini Vaishnaw on Friday told the Parliament that in the last 10 years (2014-2015 to 2024-2025), Indian Railways recruited 5.08 lakh people, compared to 4.11 lakh in the earlier 2004-2005 to 2013-2014 period, which is an increase of 23.6 per cent. The recruitment of 1,20,579 vacancies has been taken up on Indian Railways as per the annual calendar 2024 and 2025. "Adequate and suitable manpower is provided to cater to the regular operations, ...Read More >

NewsBTC - Business - News Image
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BusinessDec 05, 2025 04:31 PM

FUD Frenzy: XRP Battles Its Biggest Sentiment Drop In Months -- Data

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%. Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune. Based on reports from Santiment, ...Read More >

Republic World - Business - News Image
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BusinessDec 05, 2025 04:30 PM

'Flight Services to Stabilise Tonight; Full Normalcy Expected in Few Days': Aviation Ministry

New Delhi: The Ministry of Civil Aviation has issued a statement assuring that all flight schedules will stabilize tonight and full normalcy of flight operations is expected in the next couple of days. In a statement, the Civil Aviation Ministry said, "It is expected that all flight schedules would stabilize and begin returning to normal by midnight tonight and full services and stability should return over the next couple of days." The ministry also said that IndiGo Airlines, which is respons ...Read More >

Stay updated with the latest Business news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on Business topics.