IndiGo will pilot allowances and add new ones from January 1 to boost staff morale, according to PTI sources. This comes weeks after the airline faced massive disruptions with 4,500 flight cancellations due to rostering issues. The move follows meetings between executives and pilots at various bases, as the carrier also faces pressure from foreign…
SAN FRANCISCO: India is no longer a decade behind Silicon Valley in building with artificial intelligence, Elevation Capital’s AI partner Krishna Mehra said, arguing that founders in Bengaluru and other Indian hubs are now closer to the global frontier and should aim to build category-leading companies rather than “number two or three” players.“In the SaaS…
The number of ATMs in the country declined as people shifted digital payments. The e-payments network reduced customers’ need for cash withdrawals, even as bank branches continued to expand, a Reserve Bank of India (RBI) report said.Private banks led the contraction, cutting their ATM network to 77,117 from 79,884, while public sector banks reduced their…
NEW DELHI: Flight travel across India remain disrupted for another day on Monday with several flights cancelled and many cancellations set for tuesday as well.As per the IndiGo’s cancelled flight data, 59 flights, scheduled for December 30 have now been cancelled. 116 flights were cancelled on Monday, majorly due to bad weather while 5 were…
A defining feature of 2025 was India’s renewed emphasis on Free Trade Agreements as strategic resilience tools. (AI image) By Agneshwar SenThe year 2025 marked a decisive turning point in global trade. Slower growth in major economies, sudden tariff escalations and growing concentration of critical supply chains made international commerce more fragmented and unpredictable. Yet,…
A useful way to think about selling is to go back to your original reason for buying. (AI image) Selling is much harder than buying. Buying feels optimistic: you’re starting something new. Selling feels like admitting you were wrong, or that a journey has ended. Because it is emotionally uncomfortable, many investors either sell for…
NEW DELHI: Horizon Industrial Parks, backed by global private equity firm Blackstone, on Monday filed preliminary papers with markets regulator Sebi to raise Rs 2,600 crore through an initial public offering (IPO). The issue is entirely a fresh offer of equity shares, with no offer for sale (OFS) component. According to the draft red herring…
NEW DELHI: India and Australia marked the third anniversary of their Economic Cooperation and Trade Agreement (ECTA), showing a significant rise in trade between the two nations. The trade deal, which started three years ago, led to an 8 per cent growth in Indian exports to Australia during the 2024-25 financial year. This growth helped…
Gold is set to be the top performer in 2026, driven by strong central bank buying and rising global tensions, according to Goldman Sachs’ latest commodities outlook report. The bank forecasted gold prices to reach $4,900 by December in the new year, with central banks expected to purchase 70 tonnes monthly, which is four times…
The country’s industrial output reached a two-year highk, growing by 6.7 per cent in November, according to the official Index of Industrial Production (IIP) data released Monday.This marks an improvement from the 5 per cent growth recorded in November last year, according to data released by the National Statistics Office (NSO). The surge was largely…
